![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, December 10, 2015 9:05:51 AM
what do you make of HENC's statement in yesterday's PR?
"The management of the Joint Venture partners plans to hold discussions in the upcoming weeks to determine the next steps to take pertaining to the Company's Petroleum Exploration Licenses in Australia."
Whereas, TGC's statement:
"Although there were no hydrocarbon shows, the well proved the existence of the Mid-Birkhead channel system in PEL 444.These results will be included to improve our exploration model. The experience in the Cooper Eromanga basin has shown both wet and Hydrocarbon filled channels can exist in close proximity to each other. We have plans, once this model is updated, to review other targets in the existing 3D covered area, which is only a fraction of PEL 444. Terra Nova has the necessary finance to continue to fund its share of a future exploration program. With this well we have fulfilled our obligations on PEL 444 and enter a new five year licence period."
TGC very much appears to say, "damn the torpedeos, full speed ahead".....HENC is playing their cards a bit close to the vest.
Recent HENC News
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 11:04:16 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/16/2023 11:02:27 AM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 08:06:44 PM
FEATURED Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • Jul 29, 2024 9:07 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM
BNCM AND DELEX UNVEIL POST-MERGER MANAGEMENT PLANS • BNCM • Jul 29, 2024 9:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM