RE: Tick tock3 Jul 2019 05:55
Morning all , the 1st well is a 95% cos gas play , (Spudding imminently )the big thing here for me is they actually know the gas is there , so really ,should be called a development well , it’s just the quantity is the unknown , this well could be up to 40 BCF which is staggering for a small cap company ;
2nd/ 3rd drills are oil targets also 95% cos with up to 30 wells contingent drilling , the 4 th drill if successful will smash TXP into the £1 tertiary;
Very exciting times , an should not be missed!