Templeton Emerging Markets Income Fund T.TEI

Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.

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Templeton Emerging Markets Income Fund

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Comment by Bobwinson Apr 24, 2008 6:41pm

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Post# 15007312

RE: Compton: 1 well for sure;;;

Called Tango after buying a few shares yesterday. Talked with John Gunn. I asked him about the pipeline and whether the original estimated date of 6/08 was still valid. He said that they were restricted by Spring Breakup but were hopeful to get in there as soon as possible and get the pipeline built and the well connected. He mentioned shooting for July/August timeframe for producing gas and revs. Pray for dry, warm weather!

Said they were planning one additional well in the area in 2008 but final decision will depend on the performance of the first well.

Bobwins

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