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Re: RRainman9999 post# 9717

Wednesday, 04/20/2005 9:35:01 AM

Wednesday, April 20, 2005 9:35:01 AM

Post# of 174878
Re: TGA

When I spoke with TGA last week, they mentioned 2 primary benefits of the pipeline short-term:
1. Production can increase from approx 7200 bbl/day to about 10000 bbl/day by July (after well hookups and pipeline stabilization).
2. They can stop paying for the trucking.

Another benefit for Q1 cashflow is S1 cost sharing agreement allows improved cashflow in Q1 vs. Q4.

Paul Litman: "Avoid panic selling & avoid overconfident buying."

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