SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy
Tappit Resources Ltd ( TPT )
An SI Board Since January 1999
Posts SubjectMarks Bans Symbol
15 1 0 TPT
Emcee:  David Michaud Type:  Unmoderated
Tappit Resources Ltd. is a Canadian junior oil and gas company actively engaged in exploration, development, and production in western Canada, with an emphasis in southeast Saskatchewan. The Company currently trades on the Alberta Stock Exchange.

Please call us for more information at 1-800-667-4311 (North America Toll-Free) or in Regina 525-6261 and speak to David Owen.

tappit.com

Today, approximately 40% of the company's production is now oil as opposed to an all oil production at the beginning of the year. The company has hedged most of its natural gas production at $2.50 per mcf until October 31, 1999.
With its gas production, Tappit expects its cash flow / boe to rise to $10 in the first quarter of 1999. (Assuming $11US / barrel oil).

TPT continues to look for acquisitions in both oil and natural gas.

Tappit has gone throught a turnaround from a small company dependent on oil prices to a larger corporation with a nice mix of both natural gas and oil.

Tappit should achieve cash flow per share of approximately $0.11 in 1999.

Tappit is trading at only 1.9 X cash flow/share.

52 weeks high $0.55
52 weeks low $0.15

Current $0.21
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
15 Backer has 6,900,044 commom shares, and with options(790,000)would result in 7,D. Bryan-2/23/2000
14 Tappit completes well, production to start March 1 Tappit Resources Ltd TPT SDavid Michaud-2/18/2000
13 Tappit Resources Ltd - Tappit to make offer for Backer Petroleum Tappit ResourDavid Michaud-2/18/2000
12 Is there anything new on the horizontal drilling at Tatagwa? I thought there woThinking Long-10/19/1999
11 Tappit proposes private placement Tappit Resources Ltd TPT Shares issued 46,3David Michaud-10/19/1999
10 Tappit increases production from acquisitions TaDavid Michaud-9/15/1999
9 *NEWS RELEASE* Tappit Resources Ltd. Announces Fall Drilling Program, SeptembeD. Bryan-9/8/1999
8 Tappit Resources Ltd - Tappit six-month results Tappit Resources Ltd TPT ShaDavid Michaud-7/28/1999
7 Oil prices are climbing..... I was just wondering what position Tappit has takeKing Clancy-4/13/1999
6 Nothing here... David Michaud-3/23/1999
5 It's looking even better today. Traded 108,000 shares and closed at $0.22skwint-3/23/1999
4 It all looks very good. Must wait now. DM David Michaud-3/20/1999
3 Long Time no hear David. The share price can't seem to move beyond 0.20. I King Clancy-3/19/1999
2 Yes i heard the same. Just don't know when/what. Later DM David Michaud-2/15/1999
1 Heard some rumours I heard recently that Tappit was looking to take over a smalKing Clancy-2/15/1999
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):