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Re: raging post# 27651

Monday, 07/25/2011 11:05:48 AM

Monday, July 25, 2011 11:05:48 AM

Post# of 37477
Good to know you're familiar with the oil business. I own a small position here of 50,000 shares. I am a royalty interest holder in the Eagle Ford Shale in La Salle county. We hit a 17,000 foot well late last year with oil and "dirty" gas, they are currently completing 3 more wells adjacent to the one we hit; I heard fracking already took place just waiting for numbers.

What formation are Texas Oil and Minerals looking at here, and what type of production? (oil, gas or both). Are these going to be significant producers are just strippers? Thanks.