TPT 0.00% 0.9¢ tangiers petroleum limited

The risk money will really start to enter the offshore Moroccan...

  1. 776 Posts.
    The risk money will really start to enter the offshore Moroccan oil sector soon with regional drilling about to kick off in October with Cairn's Foum Draa.

    After this will be Cairn and Genel's Cap Juby which is targetting 3.3 billion barrels of oil, followed by Genel's Sidi Moussa.

    This will lead to an enormous uplift in the share prices of all the companies in the region and TPT is best placed to benefit from this for three reasons.

    1) It is the cheapest company in the region
    2) It offers the largest leverage of all companies in the region
    3) The drilling by these majors will be surrounding TPT's permit
    4) They are all chasing the same play type as Tangiers (Jurassic Carbonates)


    Below is a picture labelling the permits where drilling offshore Morocco will be occurring.

    Get ready people, this will be one hell of an exciting time.

 
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