TEX 0.00% 8.0¢ target energy limited

67.5 bcf is recoverable amount

  1. 3,657 Posts.
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    As I mentioned before, I am not sure 67.5BCF is reserve target or recoverable target, not it's quite clear.

    If this figure can be verified by the oncoming gas flow rate, as the gas price also going up 15%, TEX will have a potential return more than A$ 100 million.

    Quote:

    "The prospect has the potential to RECOVER up to 67.5 billion cubic feet of gas and 1.1 million barrels of condensate or light oil from its primary and secondary targets"

    Anyone knows who are the other JV partners for HIGH 71? I cannot find.
 
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