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fingolf

09/02/16 10:45 AM

#9534 RE: tchauncy #9533

Well, if he is able to get the SP higher, then he and the shareholders obviously benefit.

I'm not for or against TGC's success, although HENC, I believe, owns a million shares of TGC....so it would be beneficial to us.

What I am for is receiving timely info (thank you for the update), and hopefully a trigger point that gets HENC moving forward on some sort of drilling program. $65bbl is a ways off, and so is the next mandatory drill date (2019) - which means we'll be sitting in limbo for quite a while.



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joseytheoutlawwales

09/04/16 3:45 PM

#9536 RE: tchauncy #9533

Tchauncy, perhaps you can give me your thoughts on something.

To my thinking, it would seem prudent to go ahead and drill regardless of the current oil price, simply to prove the PELs. Then just cap the wells until a desired WTI level.

Isn't drilling cheaper at the moment?

For what reasons would they not do this?

It just seems like they are wasting time, or worse yet, STALLING.

Thank for your thoughts.
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ACanJadaS

12/12/16 10:45 AM

#9590 RE: tchauncy #9533

TChauncy,

I think I know where you stand on the prospects of the company, but do you have anything to add over the past year?

Oil prices finally breaking out a bit, might be a good time to bring some discussion back to the board. What price do we think they may look at getting funding from Holloman to begin a drilling program? $60 USD? $65?