TXN 0.00% 58.0¢ texon petroleum ltd

asfi managed to speak to texon again this morningthe efs well is...

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    asf

    i managed to speak to texon again this morning

    the efs well is flowing and they will be announcing what the stabilised flow rates are next week

    the olmos well is also flowing..

    what i did ask is why the hoskin refrac was delayed, and they are apparently flowing the wheeler olmos first to sales to make sure it will flow at commercial rates before throwing money at a refrac of the hoskin well.. i was told the idea of refraccing the well was directly because of data coming from the 3d's they recently did, so they have some very good explanations from the 3d as to why the first frac failed. if you look at the gas drop off in that well, it really does demonstrate something went wrong with the initial frac.. so a refrac is a based on very good engineering ideas coming from 3d data that explains what possibly happened.. data like that is sometimes worth gold, its certainly not a guess or a hunch that is causing capital to be expended on hoskins refracc..



 
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