Encouraging news release todayEveryone interested in this stock should read todays news release. It is very encouraging in that the time deadline to explore the Akkula block was extended for another 2 years which should give them plenty of time to put a number of wells into targets- they were otherwise under the gun to complete all definition drilling by next Spring or lose the project. Also they believe the cretaceous sands which flowed more than 5,000 barrels on a tight choke would flow more than 10000 barrels with unrestricted flow and that those sands may actually thicken moving to the south and east and hold more oil than originally anticipated. They also think there is promise for the deeper horizons and tests are pending. They hope to begin limited production once permits are obtained ( 3,000 barrels a day with trucking based on earlier press releases) i.e. cash flow.To an earlier posters questions, Wells is the largest single shareholder with about 16 million shares- he has a hedge fund and I think TPL is one of its largest positions. He is like Eric Sprott , takes large positions and is looking for multi-baggers only. If he is buying even after the recent well results I think he must have a pretty good sense that things are going to turn out well or he would have unloaded at a profit some of his holdings. He is way up on the bulk of his purchases (below a dollar )so he could cut and run if he didn't know something pretty good. All this is good news to me. 3,000 barrels a day sales can't come soon enough either.