daytrading april 17 pre-market, page-42

TTE - Announcemet just out (Allen Dome Discovery well flowing @ 408 barrels of liquids per day):-

Highlights include:-

• JT Reese #S2 discovery well at Allen Dome oil field in Texas now in production

• Current flow rate 408 barrels of liquid per day (25% oil ratio) on 18/64 choke

• Potential to increase storage tank and flowline capacity to handle higher oil production being considered

• First shipments of oil have begun from the new well

• Strong cashflow anticipated

• Planning underway for aggressive follow up drilling programme

• Advanced negotiations continue for further Allen Dome acreage acquisitions