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

To: bill who wrote (9297)9/30/2002 12:41:56 PM
From: kingfisher  Respond to of 24910
 
Regarding TPT the Tatagwa waterflood has potential to add 6.5 million barrels of proven light oil at a cost of $6.5 million.
One dollar per barrel with an inground valuation of $8 to $10 per barrel.
If this works out to the level the engineers anticipate TPT should get close to $2.25 by
year end of 2003.Barring of course a complete collapse in energy prices which is not in the cards IMHO.
They are planning a few more horizontal wells at Queensdale.


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