Tidelands Oil & Gas Corporation (TIDE)

[tedwitt]

around $4, I had been tracking their 3 original projects on the texas coast sence the summer of 2001.

One became Freeport LNG Development, One Became Corpus Chris., One in Brownsville died. Then came along the real scores at Sabine Pass and Creole Trail.

These guys went from about 6 people in 2001 to very large by late 2005.

Financing was not a problem once the contracts were signed, they sold a chunk of Freeport Project to fund ops until they got financing. Most down here in Texas thought they were nutzzz because N/G was aprox $2 a 1000 cubes. and to support LNG you need $3.75 to $4.25 depending on the location of the liquefaction facilities.