Novak on stockhideout, todays chat:
Novak: Hello Everybody
gbreez: Clayton, hello
Mary_Smoth: hi Clayton. Nwes?
Bob-texas: Morn clayton
Mary_Smoth: new?
Bob-texas: news?
jkaup: or may
jkaup: or may not
Mary_Smoth: tks, patty. lol
Novak: Thought I would pop in and chat with everyone, I don't have any material info to release but I can reassure TNOGers that we are on track and that the S1 well will be in action over the next weeks
Mary_Smoth: weeks -- plural?
Mary_Smoth: has a pump been obtained?
jkaup: what about a dump>
Novak: Also, we are in the process to introduce several JV's, both on new leases and our current ones. Management will address the public this week.
Mary_Smoth: ok, day? time?
Mary_Smoth: here? IBC? pr?
Novak: Mary_Smoth: week(s) I don't have a specific time, and the equipment is being obtained, yes. On IBC, here and PR's soon. I will keep everyone posted.
Mary_Smoth: ok. tks. pump not delivered yet? that wsa key, according to Maupin, as they are difficult to find?
Novak: Mary_Smoth: I have not had confirmation as of yet so I can't really be specific if we have it yet or not, Maupin can find anything.
vipyr: tnog=in garbage can at moment
Mary_Smoth: ok. please let us know
Novak: vipyr: a bad well will definently do that to you, we anticipate some strong growth and the readded value to appear with such annoucements
victoryizours: oil 58 dollars a barrel
Mary_Smoth: do a jv deal with Shell or Valor Energy, and we'll rock. lol
akagolfie: Mary_Smoth: I like that idea!
braybrit2005: Novak , but being realistic no "facts" to report until 1st quarter of next year. Until then all speculation...going to do will not work with this company anymore
vipyr: a bad well ?? what about the reason that the company picked that specific site? Wouldnt that be bad judgement of management ?
Mary_Smoth: vipr. history, will be used to dispose of water. be happy
Mary_Smoth: not total loss
Relayer: vipyr: lol, dry holes happen all the time, is not a done deal
vipyr: mary, no clue what you mean
TerpTrader: just noticed TNOG .0051 print....only $12 though. sheeesh
Mary_Smoth: geez. ok, you need to do some homework.
vipyr: relayer, I was not aware of that
Relayer: huh?
braybrit2005: No added value will happen with TNOG until facts and numbers are reported
Relayer: you think eveyr time sonebody pops a hole into the ground oil comes out?
vipyr: read what you said relayer,
vipyr: I said, I was not aware of that
Mary_Smoth: S-1 producing a lot of water. contains producable quantity of oil, too. need low cost way to dispose of the water. K-1 gives that opportunity
vipyr: jeeze
vipyr: relayer, and yes to your question
vipyr: I think oil comes out everytime someone pops a hole in the ground
Novak: braybrit2005: We will have ample opportunity to add value as more annoucments come out, we have 8000 shareholders so any positive news will react in such a way.
vipyr: Im just glad I own 3 mil shares of tnog :)
Novak: vipyr: yeah, although, sesmic, 3d's and historical information had set this location as a primary target, you can never be 100%, dry wells occur often, but we are launching a new drilling program
vipyr: exactly
vipyr: thats what I was interested in hearing, not relayers answer
Novak: I am in BC to meet with managment today, I will keep everyone posted and be back for further questions then. Thanks for hanging in there.
vipyr: thanks novak
Mary_Smoth: tks Clayton.
Novak: BBL
Mary_Smoth: would like to hear that the new drilling program is underway
Novak: Mary_Smoth: it is forth coming, I will leave myself logged in so if anyone wants to IM me they can.
Mary_Smoth: ok
oldrastaman: novak is hanging out at the hash bars...lol
AI
