RE: China's TCC company: Georgia eyes to become successful supplier of gas to Europe24 Oct 2019 13:55
I've been looking at some of TCC's infrastructure projects, and who've they partnered with and its mighty impressive. If the plans are to make Georgia net exporters of gas based on current internal production numbers then they must be happy that there's a massive untapped resource in the country to be developed. Exciting times.
- You have to read between the lines, do a bit of detective work and take a risk/reward gamble prior to an RNS. Indeed LB. Fridays trades suggested a leaky pipe.
The options at 11p over 50% higher than current share priced when issued is a good tell as to where they believe the share will go. Its a great incentive, you'd be looking minimum to double up in the mid term.
For sure AJ, that’s why I said dependent on the success of the current campaign. Current strategy is sage, low hanging fruit first, field maximisation second, soviet block third.
There's the 3D Groover. Must be plenty in the old 2D to suggest there's more potential all over the existing field. Results in Jan I think.
I did a little research awhiles back into the neighbours. I'd say there's potential for further land grab if all goes well with current campaign. Not to sure if an area becomes available if it has to go out to tender or not though.
Duster I'll be delighted with a steady 250 bopd, much reduced water cut and decent longevity. I can't put an exact figure on the drill plus remedial cost but I reckon around 125 - 150 days for the well to show profit at those rates.