January 2013
Grant Craighead |Research Manager
gcraighead@breakawayinvestmentgroup.com
Andrew McLeod |Research Analyst
amcleod@breakawayinvestmentgroup.com
Company Information
ASX Code TEX
Share Price A$0.10
Shares + con notes 444.0m
Options 70.8.0m
Market Cap A$44.4m
Target Energy (TEX)Increasing activity in the prolific Permian Basin
Recommendation: Speculative BuyCompany Update
Key Points