I hope so Streibs. Thanks to the success at AD, TTE can now move from be a speculation play to a production play with targeted profits well in excess of the market cap. On Salt domes is is common to drill further wells within 100-200 ft of producing wells. So theoretically TTE can drill many $10m wells.
Therefore I hope they use the generated cash to expedite drilling on AD as well as acquire more salt dome acreage, AND NOT spread the cash thinly by putting fingers in a multitude of highly speculative plays. Remember that for shareholders its all about shareholder returns - the share price!
time to also focus on tte's other assets, page-27
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Mkt cap ! $11.98M | |||
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