One good thing to come of this is that TPT/GALP could be handed the keys to the kingdom on a good find. Cap Juby doesn't seem short of oil in the Upper Jurassic. At API 12 (and assuming it is not soured although I haven't looked in detail) if TPT were to find some light stuff at TAO-1 they could hold the answer to developing the area.
Lots of issues with processing heavy crude but not unheard of when you have access to something to blend it with.
TPT Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held
