POV resource update +320% Aleator Energy Ltd. updated the market about the latest resource estimation of the Povorotnoye gas field:
=> former estimation of 61bcf gas in place increased to 256bcf (P50)
=> drill rig secured, drilling could start in September
=> commercial production could commence in mid-2013, if drilling is successful and well commercial
https://www.asx.com.au/asxpdf/20120827/pdf/4288ks6q2r3dmj.pdf
TSU share price almost 25% up in Oslo so far.
Cheers and have a good day,
Neo