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Steede

12/30/12 3:49 PM

#48963 RE: investtoski #48960

TNC has a pretty impressive résumé. A well a day seems possible should the collar be taken off and they're told to drill baby drill. As for when the rest of the funding is released, that's up to the lender I would imagine, not TECO. Belize will happen when it happens. I'm not concerned as to when so long as it does. As for garbage, this could easily go the other way than what you're thinking. End of first quarter. Just make sure you're on the right side of the trade.
~ TECO
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Russian-Trader

12/30/12 7:34 PM

#48980 RE: investtoski #48960

I find it really hard to believe they will be drilling 1 well per day in Jan when there are only 2 permits on file with TRC.