Hi All:Today, SEA announced the sale of about 3,900 acres...

Hi All:

Today, SEA announced the sale of about 3,900 acres working interest of South Antelope field in the Williston Basin. This sale offers considerable clout for shareholders in the forthcoming meeting :

1. SEA's sale price was $44k/acre -- $172k for about 3900 acres.
NOTE TO TXN DIRECTORS: TXN should be able to sell its Eagle Ford property for that price or better (EG is a more valuable field than Sough Antelope).

2. SEA's partner (Helis) first announced its intention to sell less than two months ago.
NOTE TO TXN DIRECTORS: it doesn't take a lifetime to sell valuable oil property rights.