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Brisbane, Aug 31, 2012 (ABN Newswire) - The attached Texon Petroleum Ltd (
ASX:TXN) presentation provides an update of the Company's projects and will be presented to the Extraordinary General Meeting today.
It provides an outline of what has been accomplished in the 3 months since the Company's AGM in May and sets out a schedule for drilling several wells. Also included are the Company's demerger plans which are intended to facilitate an Eagle Ford transaction as well as unlocking the value embedded in the Company's new oil projects.
View the Texon Petroleum presentation at the link below:
http://media.abnnewswire.net/media/en/docs/ASX-TXN-244976.pdf
ASX:TXN) presentation provides an update of the Company's projects and will be presented to the Extraordinary General Meeting today.It provides an outline of what has been accomplished in the 3 months since the Company's AGM in May and sets out a schedule for drilling several wells. Also included are the Company's demerger plans which are intended to facilitate an Eagle Ford transaction as well as unlocking the value embedded in the Company's new oil projects.
View the Texon Petroleum presentation at the link below:
http://media.abnnewswire.net/media/en/docs/ASX-TXN-244976.pdf
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About Texon Petroleum Ltd
Texon Petroleum Limited's (ASX:TXN) goal is to find commercially producible oil and gas by drilling 3D seismic controlled high equity prospects which have targets analogous to adjacent producing wells on established oil and gas producing trends in Texas.
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