Pumpers Rant, page-43

Triangle Energy are are a profitable Oil producer. Producer NOT Explorer.
We receive approx. 80% of this production.
It is on Public Record and stated by DB that we currently produce at $29.50 - Twenty Nine Dollars and Fifty Cents - $29.50 PB.
All contracts have been reviewed. Some have been seriously renegotiated and the remaining will be at expiry. Best news of all we are now the  OPERATOR.
This $29.50 PB will continue to be reduced.
I have no doubt in some contract cases we were paying well overs.
Brent is now close to $57.00PB.
TEG are well Established in the Perth Basin for substantial Growth.
I urge all holders of TEG to take a look at this interview with the KIng Of Shale in America.
Harold Hamm.
This Man commands respect. He is a man that the Oil industry in the USA pays a great deal of attention too and also is a Senior Advisor to Trump on Oil and Gas in USA.

Like or hate Trump his Trumpenomics is working.
Latest Data out of USA confirms this and I have no doubt our dollar is suspect and will continue to drop because of this.
Aussie dollar drops and again we continue to win win again. Bigtime.
I can't wait till the Boys put the Jack Up into out permit and with success will start pumping more thru the Arrow.
And the Beast known as Xanadu. Well Xanadu. What Xanadu. I let you join the dots on that one.
$60 plus Brent PB and low Aussie$$ and all the new rulers and sharper pencils come out over the Triangle.
Will we go up and down in price of course but given time what price will we really be??
Throw in the TAMARIND factor as well.
Tamarind I am so happy they stand along side us for so many reasons.
Why anybody would want to sell the TEG story right now beggars my belief.
Please take a look at this it all makes sense and for me personally I know where we are heading.

https://www.bloomberg.com/news/arti...re-hamm-slams-exaggerated-u-s-oil-projections

All above is my opinion only as always DYOR.