Money Info
Investment News Show
Replay of the show:
Oil Stock To Buy
The show featured an interview with
Laurence Roe, Managing Director
Target Energy Ltd.
Hear the Interview:
Stock Symbol: TEXQY
See Target Energy Ltd. corporate website: http://www.targetenergy.com.au
Get TEXQY Quotes and Trading Charts on Yahoo Finance:
http://finance.yahoo.com/q?s=TEXQY
See Target Energy’s Corporate Presentation – May 2013.
New Oil and Gas Production Company
Investment Opportunity
Target Energy is a U.S. focused domestic oil and gas exploration and production company. The company has assets in the Permian Basin, West Texas and in the Texas and Louisiana Gulf Coasts.
Increasing Oil and Gas Production Rates
Already in 2013, Target’s oil production has increased by more than 320%. Production for 1st quarter 2013 is shown below:
Click Chart To Enlarge
See more Target Energy oil and gas production data – Click Here
OIL STOCKS TO BUY NEWS:
Aug 27th 2013: Target Energy Reserves Update – See release.
Aug 19th 2013: Darwin 3 Operations Update (Final) – See release.
Aug 14th 2013: Darwin 3 To Be Completed as Oil and Gas Producer
– See release.
Jul 23rd 2013: Target Secures Additional Funding – See release.
See All Recent
Oil & Gas Production Company News:
http://www.targetenergy.com.au/ASX
ABOUT Target Energy:
Target’s business strategy is to acquire meaningful acreage leaseholds in US onshore hydrocarbon basins which contain significant untapped oil and gas reserves.
TEXQY objective is to grow production, reserves, cash flow and shareholder value through a comprehensive drilling program which utilises current oilfield technology in both conventional and unconventional oil resource plays.
Target has been successful in securing acreage in the prolific and highly sought-after Permian Basin in West Texas. The company currently has four producing wells in this holding and an active forward drilling program.
Target is also producing hydrocarbons from its East Chalkley Field in southwest Louisiana with additional drilling scheduled in that field.
Texas and Louisiana are the initial areas selected by Target for its operations. They are well established oil and natural gas provinces with reasonable regulatory environments and tremendous opportunities for future growth.
The company maintains offices in Perth, Western Australia and in Houston, Texas.
Oil Production Projects:
Pumpjack at Darwin 1 well
East Chalkley Production Facilities with
Pine Pasture 3 pad in foreground
Big Dog Drilling Rig at Darwin 3
See Target Energy’s Corporate Presentation from Oil & Gas Investment Seminar New York April 2013.
Investing in producing
oil and gas companies
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