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Re: cougar12 post# 2803

Thursday, 06/18/2015 2:48:33 PM

Thursday, June 18, 2015 2:48:33 PM

Post# of 4227
Current management already told us they were ready to drill in the 4th quarter 2014, remember that ? And here we are 9 months later with still no wells drilled, that's called a credibility issue.

The strongbow group would also get to drilling immediately, see below.

I sent a mail to caetano asking him a few short questions:

Do you already have sufficient backing at the next AGM to succeed ?- We believe we do. There are a lot of concerned shareholders that would definitely like to see a change for the better.
Do you think there is any change to get a new agreement with HENC ? I imagine HENC is now quite delighted to have 48% ownership of those PEL’s. - we have a great working relationship with Holloman and I’m sure we can come to terms in achieving common goals.
Do you think TGC could get to drilling quickly if a new management team is in place ?- Absolutely, we are here to restructure and commence drilling ASAP - already in the works if we get elected.