eight new explorations licences in turkey, page-5

Hi El,

Exactly my opinion,
Most oilers have moved but IMP has been sitting there with hardly any movement.
In the meantime they have considerably added to their explortion potential and found more gas in Turkey.

They also seem to have a strong JV partner in the USA and it looks like this same JV partner will become part of the new exporation ground in Turkey.

I wanted to put some more funds in oil and was thinking about OSH COE and IPM.
The fact that IPM is already undervalued before this announcement imho was for me the trigger to add more.

OSH can wait, has run a lot and there will be re-traces to get a better opportuniy imho. COE is still attractive and I still would like to add but most of my funds are in the hard rock as you know.

Still like some more IPM as the growth story unfolds.

jojo