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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Englishbob who wrote (6588)6/17/1999 1:32:00 PM
From: loanshark99  Respond to of 24921
 
TransGlobe Energy "is very pleased with the results to date" on Block 32 in Yemen. The Tasour 3 appraisal well has been cased as a potential oil well. The primary target, the Qishn sand reservoir, was found in a structurally higher position than the Tasour 1 discovery well which tested rates as high as 4,877 BOPD and is capable of 10,000 BPD. The Tasour 3 was cased to protect the oil zone prior to drilling ahead to test 2 seperate secondary targets. The Qishn sand will be tested to establish production rates after reaching total depth in about 20 days. Following the testing program on Tasour 3 the rig will be moved to a new well location, Tasour W-1, located 2 kilometers west of Tasour 1.
Interesting so many good things, lots of buying and market maker has the stock still stuck at .30 cents US. Symbol TGLEF (OTCBB) and TGL ( TSE). IMO looks like a sreaming buy!