Sharejon, there should also be a decent increase in proved and probable reserves accruing to the benefit of SEA particularly from the latest well as this is in a different location.
Whynot - the latest well was a JV well held with others where TXN holds an interest of approximately 50%. The jv area affects only a modest section of its area. Not sure of the 95% for the other well but sounds about right.
Anyone hearing any gossip about interest from others in light of these results or am I deluding myself yet again?
TXN Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held