Yogi,
This could be a very good year for oil stocks and TESOF is one that could have great potential. Their annual report made a believer out of me, they have good fundamentals plus the fact that they have a reputation for quality out in the oil fields.
Their partnering with Schlumberger the behemoth of the OSX, last October, with TESOF's casing drilling, a new concept TESOF is pioneering , could bear some significant fruit in the future. Just a guess on my part, but SLB being involved gives it some credibility to me.
Besides, in this NG/Oil environment, they should be selling, IMHO, top drives like hot cakes, ggg.
Best Regards,
Roebear |
