TXN 0.00% 58.0¢ texon petroleum ltd

merger details out, page-51

  1. 7,782 Posts.
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    nearest and last deal done in the region that i can find

    i posted this yesterday


    Joint Venture with GAIL (India) in Eagle Ford Shale, September 2011
    – 20% of 20,200 acres including 8 producing wells transferred to GAIL for $63.7 million cash
    and $31.4 million in development carry

    Carizzo say their wells are 300 - 400 eur

    texon say theirs are 500 - 600 eur



    SEA get a 30% increase in their PI here for a song

    combining the p1,2,& 3 they have an 85% increase

    and how much is all that worth?



 
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