quarterly, page-82

I was about to quote the exact wording as Nursery has noted.

" The Company is looking forward to a very active period, with a number of wells planned to follow up the exciting JT Reese #S2 discovery at Allen Dome and the Warradarge-1 well in the North Perth Basin in Western Australia. "

Key words : VERY ACTIVE PERIOD at both the ALLEN DOME and the PB.

Also if you look at Today's trades; then you would see that some BUYERS were so lucky to grab TTE shares at about 1.3 and 1.4 cents given the fact that there is a history of commercial quantity of OIL taken from ALLEN DOME and that TTE's recent drilling has proved that there is commercial oil and potentially gas under ALLEN DOME. However, to the disappointment of some of the buyers that only about 17 mills of shares were sold by the weak hands.

I am still eagerly awaiting for an update about the following HIGHLIGHTS from the previous announcement:

• JT Reese #S2 achieved maximum flow of approximately 331 bopd on 18/64” choke

• Flow to be restrained due to storage facility constraints

• New oil price negotiated

As I can still recall that I have read numerous times that AD is deemed to be the company maker for TTE. I am looking forward to the days of 10+ cents.


Please DYOR as the above is my own opinion.