Management made the announcement that it was a "geologically similar" salt dome to MAD.
What you and every other TTE spruiker fails to mention everytime is that there is several salt domes which are similar between MAD and TTE. Also, TTE has a very small salt dome with no confirmed reserves and no past drilling experience. Not to mention MAD owns their own rigs, have operated for 40years in the area and have 114mmbo of 2p oil.
TTE is a completely different play -> most of their worth is in WA JV, not their drilling operation in Texas. And their most recent well was dry (not in texas), which shows their inexperience.
Get your facts right before cross-spruiking it on every forum.
