TXN 0.00% 58.0¢ texon petroleum ltd

new drill results out, page-24

  1. 1,370 Posts.
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    Sharejon, great calculations

    But here is a table from 19 October 2011, which shows somewhat different numbers. For example, the 30-day boepd for Well #3 was 1013 boepd (not 817), unless they later corrected the number or boepd isn't simply the 30-day flow divided by 30. (Looks like your calcs are excluding working interest adjustments, so differences aren't explained by that factor.)

    Aside from the fine tuning, TXN has dramatically raised production levels (and presumably more to come next month), which bodes well for it and SEA revenue and valuation.

 
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