TransAtlantic Petroleum Corp (TNP.U - was Profco) Message Board

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Gold/Mining/Energy : TransAtlantic Petroleum Corp (TNP.U - was Profco)

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To: Bill Shugarue who wrote (219)	5/20/1999 10:02:00 PM
From: Don Richards	Read Replies (1) of 270

Hello Bill, I do hold some TNP.U shares,(back from the GHP.U days).Pretty disappointing merger so far!!But I wasn't smart enough to sell earlier,and rode them down to present levels!!..However,here is some info.that will hopefully bring some renewed interest into this company; Re:Drilling: TNP.U nr.out last nite stating drilling plans.I can't copy/paste,but the gist is:The EDC Rig #17 is now being mobilized to HANA-1 location.It should arrive in 1st wk of June.The well depth to be 5840' and take approx.25 days to drill,Plus approx.7-10 days to test.Then the rig is to be moved immed.to Farha #1 Lets hope for success at Hana-1 for starters!We need it really bad!! There was fairly hi volume for TNP.U today.Hoping it keeps up. Has anyone heard whether the convertible debentures early redemption proposal has been completed as yet??Getting that debt settled should help. Regards,Don

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