I agree 2012 is going to be exciting & I don't think that we will have to wait very long for the momentum to start.
Cheal B6 should be drilled or close to it by now if it spud on Dec 16th as planned. If this tests out anywhere near B5 we could be looking at another 1000 BOPD+ well of naturally flowing oil.
New Zealand Energy (NZEC) Investor relations (their neighbour on both the East & West) has confirmed to me they are planning on spudding Moki 2 and their East Coast well prior to Christmas and after a short Christmas break finalizing both drills early in the New Year. The East Coast could be extremely exciting for TAG if it is successful. Keep your eye on this stock too. I think it is another TAG, just a litte further behind. IMO.
Moki 2 could announce quickly if they do like they did with Moki 1 and only run a 2 day test.
In addition to Cheal B6, TAG has indicated they will quickly follow with B7 & B1 & 2 as part of their drilling program, as well when the new drill arrives in January they plan on drilling Sidewinder 5 & 6 prior to sending it East to drill for Apache in April.
This is only part of what we know. Management consistently surprises us with changes to drilling programs and they might go after Moki or Hellfire or something we aren't expecting.
Commercialization of Cheal C gas will be important so looking forward to that happening (I think they said by the end of March 2012).
By the time we get any East Coast results from Apache, this thing could be showing a significant up tick in SP, so anything from there could be a real bonus.
Hang onto your shares & have a very Merry Christmas & a prosperous New Year.
