this company just keeps finding more gas in oklahoma. will bring these wells into production next year. the market will rerate them shortly. this is a good value gas company in the US with only 45million shares on issue and a growing production platform. will be a boom stock in 2006 imo. below is quote from business news
Sydney - Monday - December 19: (RWE Aust Business News) - Tomahawk Energy Ltd (ASX:THK) has completed drilling on the third well in the 10-9 Prospect in the Oklahoma project, USA, to total depth of 1,255 metres.It intercepted significant gas shows in the primary objectives the Caney shale and Woodford shale. Geochemical analysis will be completed in several weeks.Tomahawk shares were steady at 75.5c.
THK Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held