Replies to post #1141 on Tengasco, Inc. (TGC)

[chemist72]

Started a small position today. News coming soon??

[Crypto__1]

5 Million Share Float = Tiny Float! From 10K At March 26, 2018, the Company had 10,624,493 shares of common stock outstanding of which 5,439,862 shares were held by officers, directors, and affiliates. In addition, options to purchase 20,625 shares of unissued common stock were granted under the Tengasco, Inc. Stock Incentive Plan all of which were vested at March 26, 2018

[Crypto__1]

Almost 1 Million Barrels of Oil in Proved Reserves per 10K and Company is now profitable



2016 Proved Reserves was 730K barrels of oil

2017 Proved Reserves was 870K barrels of oil

2018 Proved Reserves closing in on 1 million with new oil wells drilled.



There debt went down to like 150k

Cash went up by over 2 million

Assets up

Liabilities down

Proven reserves up

Oil average selling price up

Public Float 5 Million

Looks AWESOME!