RE:RE:RE:SeekingAlpha article on TXP
DW take is totally untruthful
"water was thru out the reservoir they said"
( the intermediate sand had zero water and high pressure and flowed 500 bopd and had to be stopped with heavy mud so they could move uphole to test first of two overthrust sheets. The lower part of the overthrust was tested over a wide vertical expanse and they are not clear yet whether some of the perforations were above the OW interface. That is part of what they are testing right now, though mainly this test is of the uppermost part of the overthrust sheet, not yet tested. There is no way anyone said that water was throughout the reservoir. )
" the company never suggested it was commercial"
(actually the company expects to produce the overthrust during extended test over months. They alraedy have plans to drill Royston Deep and will begin to produce that intermediate sand (already a discovery) at that time. They will also test the subthrust Hererra (not yet tested) with that well.
This post is not for DW. He already knows that he is lying. Just want to make sure that anyone who has not actually read the RNS knows that too.