TTE no one interested in todays ann, cant believe it , oil and gas in the perth basin , plus salt domes in texas , should be trading around 8 - 10 cents . or am i missing some thing
TITAN TO INCREASE WORKING INTEREST IN EP455 TO 18.5% SUBJECT TO APPROVAL OF WORK PROGRAM VARIATION
Australian oil and gas exploration company Titan Energy Limited (ASX: TTE) (“Titan Energy”) is pleased to announce it has reached agreement with the EP455 Joint Venture Operator and the Joint Venture partner AWE Limited (“AWE”), to jointly apply to the Department of Mines and Petroleum (“Department”) for approval to vary the work obligations on the EP455 permit, located in the Perth Basin, by combining year 5 (year ended 21 June 2012) and year 6 (year ended 21 June 2013) to the intent that the relevant exploration well and the fraccing of it are to be completed by 21 June 2013 (“Variation”).
GEV Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
