Tuesday, May 26, 2015 4:27:27 AM
You mention natural gas possibilities here, do you have any knowledge if the seismic that was done reveals such discoveries on both PEL's ? I wish both companies revealed more info on the seismic so that we can stop guessing.
With your knowledge of HENC management how do you think things might evolve regarding the company's future:
- will the company sell out after a (successfull) drilling campaign this year ?
- or will they keep doing seismic on the remaining acreage before selling out (knowing this could take years)
- is it the plan to build a large energy company ?
With your experience and background: if the 100 million barrels (reserves) are proven after the upcoming drilling campaign would the share price trade at full valuation or with a discount ? What might we expect here ?
It continues to amaze me that it has taken this long to get where we are today with such enormous potential. I hope things will move much faster now and that we get informed regularly when things progress. TGC didn't excell at those points.
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