good oil in america, page-2

No doubt there will be gas shows on the way down to 14000 ft when they happen we will get a VIL type run . They expect super high pressure in this well , that should excite a few .

The run up on the way to mid Jan when the drill starts to get close is anyones guess but judging by the HC interest over on QPN there will be a fair bit of interest here too . It reminds me of VIL vs GGP except we have a a very high percentage of top 20 money which probably wont be selling ( unlike the GGP fiasco ) . I always prefer the tightly held stocks like this one on a rising SP . I also prefer to see CAZA operating the drilling , a very smart bunch of operators .

Options have tremendous leverage . Time wise and closeness to " in the money " TNPO have a far better chance of making the grade than QPNO .
Any delay on fraccing as per Bongo and QPNO are at a distinct disadvantage to TNPO .

Roll on next week .