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3.70% 2.8¢ provaris energy ltd

great announcenet today , just out , up away

  1. petwan
    5,371 Posts.
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    20/04/12
    09:27
    Post #: 10009701
    20 April 2012
    TITAN TAKES UP OPTION TO ACQUIRE SALT DOME OIL PROJECT IN TEXAS
    HIGHLIGHTS:
    • Titan makes final payment to acquire 87.5% working interest in proven 344 acre oil producing salt dome area in Texas.
    • Numerous potential targets identified in re-processed 3D seismic.
    • Initial three well development drilling program planned Q3 2012.
    Australian oil and gas company Titan Energy Ltd (ASX: TTE) (Titan Energy or the Company) is pleased to announce it has elected to take up an option to farm-in for an 87.5% working interest (WI) in a section of the Allen Dome salt dome project area in Texas - as previously announced on March 6, 2012.



    TTE is now a buy and hold
    GEV Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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