Claren Energy Corp (CNENF)

[ACanJadaS]

I'm thinking we get an update from one of the company's within the next couple of weeks, could be as early as Monday.

News might include:
- Drilling program with third party already established in the are. I hear that TGC management is exploring this as it is financially more responsible than expensive single wells.
- Additional land rights, possible farm-in. Not sure hwo I feel about this one because they have not really accomplished much outside gaining WI in HENC PEL's as of yet, with no income. This would expand there possible future influence in the area, but could come at a cost.

If I didn't have a loaded position already, I would probably add more short term here, long term there is a chance to grab a good position in the Cooper Basin area with this company, but comes with a high risk/reward.