PPP 0.00% 3.7¢ pan pacific petroleum nl

tui from nzo quarterly, page-4

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    - Tui total production has averaged 40,000 bpd as of 30 Sept 07 ,and gradually increasing to 50,000 bpd.

    - PPP 10% = 4,000 - 5000 barrel x $80 = $320,000- $400,000 gross revenue / day.

    - PPP will be debt free by end Oct / Nov 07 should the management wish to pay off its $25.11 mio secured bank loan from Tui's generated cash flow.

    - Maitland initial flow test result has been positive, just need further confirmation, ann due any time now.

    - PPP in my opinion will be one of oil producers with lowest PE ratio.

    - current SP 0.25 , IMO which is the valuation from Tui alone, market has not taken into account Maitland and possibility of further resource upgrade from Tui.

    - PPP will sail through the bad weather with its very strong fundamentals.

    - dyor.







 
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