Thumbs up stmac. I was thinking we might have even gone as high as the 2200- 2400 boep range with the additional frac stages but a good result nevertheless.
It amazes me that after 6 consecutive successful drills on our acreages in the EFS that are highly productive we still had to cut this deal with SEA. It all comes down to cashflow I guess and more patience required while the drill rigs continue to derisk the play.
Virtuous bunch us TXNers aren't we ?
TXN Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held