RE: RE: I got shivers reading the press release.I got shivers as well thinking if they hit just one of the wells planed in the next 4-6 months with 75 mil in the bank this will be a hot stock. 4 - 6 months is very short term and will move up when drilling starts IMHO.
- Three onshore shallow gas wells at Craiova in Romania are planned to
be drilled commencing during the fourth quarter of 2009. These wells
will be drilled by TransAtlantic Petroleum Corporation who will fund
this program in order to earn a 50 percent interest in Craiova;
- Planning is underway to drill further wells in Quad 42 (greater
Breagh area) in the Southern UK North Sea late in 2009 or early in
2010. Drilling of these wells will be planned in accordance with the
broader scope of progressing the greater Breagh area with RWE Dea, as
described above, and is anticipated to result in a multi-well
program; and
- Following discussion with partners, a sidetrack well at Cladhan in UK
Northern North Sea is now planned for early 2010, as opposed to the
fourth quarter of 2009 as originally planned.
all the best