TPT tangiers petroleum limited

pluses and minuses

  1. 3,081 Posts.
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    pluses
    => +++ Pipeline runs straight through the TPT area
    => +++ Availabilty of lots of drilling equipment from the Prudoe Bay
    => ++ Availbility of the technical equipment and manpower highly likely for exploration
    => +++ Main road runs through the TPT area
    =>+++++ Region has mountains of oil and highly likely some local spots can be real company makers
    => any others?
    minuses
    => -- cannot start till April at earliest for exploration due to weather
    => --- will need initial funds to exploration ($2 million)
    => --- weather is harsh
    => --- first selection needs to hit something otherwise company will be in non survival mode
    => -- hopefully a partner farmin will happen but extremely difficult this time of the year
    => will need an uptrend in oil prices to attract intrest back to oil
 
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Currently unlisted public company.

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