Amity oilers ,
my guess is TB is getting set for the notes coming up shortly.
few other puzzlers.....
* What happened to the rig they sold in Turkey that was basically " on call "
* Cay developement wells start time
* turkish winter ~ dec to feb ??
* are there going to be two more wells after the 3599 ??
* options should be in the money for sept 04 ?? more exploration $38 M extra ? whicher ( AYO cost only $6M per well ) or turkey
* dereg of gas and elec in WA ?? potential
* Ata , Cay and Gor developed and online by next year ?? ( ?? june 04 ) cash $??M
* notes could be cheap at $2 and tightly held if only 5 M out there plus earning 10%
.... starting to roll along nicely should be majorily cashed towards end of next year with only a little more PR and exploration success in the next drilling season (feb 04 - nov 04 ...... yet to be announced ?
just thinking out aloud.
yep you're right I own some.
cheers
AYO
unknown
