This is from article which IMO show how under vaule is TTE...

This is from article which IMO show how under vaule is TTE compare to its peers And that is something the company has continued to demonstrate in its recent project acquisition campaign – an ability to obtain quality assets in proven hydrocarbon areas - at bargain prices.
Possibly the best example of that was the company’s deal to acquire an 87.5% working interest (WI) in the proven Allen Dome salt dome project in Texas.
Under that agreement Titan is paying total costs of US$240,000 to farm-in to leasehold interests covering 344 gross acres on the southern side of the Allen Dome salt dome in Brazoria County, Texas.
On the ground consultants in Texas have outlined an initial potential target of 1 million barrels of oil to be recovered above 6,000 feet, with the opportunity to increase that significantly if more under- drilled or undrilled flanks are proven to be productive around the dome.
At current prices of around US$120 a barrel, even a million barrel discovery will give Titan and its shareholders a very handsome profit.
The market has also liked the Allen Dome’s “nearocity” to ASX market darling Maverick Drilling & Exploration Ltd’s Blue Ridge salt dome play in Texas. The market hasn’t failed to notice that Maverick has a market cap of approximately $105 million which was around the $12 million mark when it acquired Blue Ridge salt dome. Titan Energy’s market cap is equally around the $12 million mark and it has just acquired its Allen Dome interests.