$13mill value and all before it

I can not help but salivate at the enormous upside this company has.

Just a quick glance at the company's value and assets reveals all:

A) Market cap of $13million.

B) Successfully operating the Pase PSC which generated production revenue of approx. $6.7million during the 2013 calender year.

C) Successfully signed a Letter of Intent covering one of the largest exposures 
to Morocco with both frontier frontier blocks & blocks with historical production
- 4 onshore blocks totalling 12,575km²
- 2 offshore blocks totalling 9,229km²

Progress...

ACEH:

1) We were successful in being selected as the most qualified operator of the Pase PSC by a committee of government appointed Acehnese industry experts
following an open tender process

2) We were selected by the Acehnese Government to partner them to operate a
new Pase PSC

3) We formed a joint venture company with the Acehnese government for the
application and award of a new PSC.

Management have implied that the approval is pretty much a formality, "we have continued to invest in Aceh and Indonesia in preparation for our future exploration and development programs which we will commence following the award of a new Long Term Pase Production Sharing Contract."

MOROCCO:

Awaiting ONHYM’s review of the applications and work programs that were submitted in January 2013 covering six Moroccan exploration blocks.

Have a read of the value in both the Morocco and Pase assets and it is completely feasible for TEG to be valued at between $50 - 100 million once the Pase and Moroccan permits are awarded.

I am very, very happy to keep accumulating at these levels. I know the broker's will be buying it up north of 3c when the news of awards comes in.

Speaking of brokers... i was very, very interested to see CPS take a special interest in this stock... big things coming soon i feel.