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DFRAI

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DFRAI

Re: DewDiligence post# 399

Wednesday, 10/14/2009 10:08:45 PM

Wednesday, October 14, 2009 10:08:45 PM

Post# of 29432
Another CBM play - a value play that promises 10-20 times

current market cap.
A small canadian company TCF operating in Indonesia may have close to 3 TCF of CBM gas. They hit paydirt with first well - aprox 90 feet of CBM and waiting for well analysis within 5-10 days. They are planning a pilot by next year and infrastucture is nearby.

Good luck to all.
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