stlamc, thanks for the chart . what I have been saying is that if TXN is using a one hour test on larger then normal choke to announce that number as an IP ,is somewhat misleading , most release an IP number based on a 24 hour run ....if you look at well #1 from the chart you see 1332 BOEPD as IP but your 30 day avg comes out to 655 boepd which is very nice well but a previous poster was using IP numbers as a way multiplying a $8 mill revenue for 30 days as way to complain about merger ..... look at the #2 well IP at 1228 but only avg 551 boepd over 30 days , again another nice well but a more exact valuation of the well than a 1 hour test ... glta
TXN Price at posting:
45.0¢ Sentiment: ST Buy Disclosure: Held
