A lot of active discussion here about TEG and their direction....

A lot of active discussion here about TEG and their direction. (some pretty good predictions to, sadly none by me)

TEG have stated that oil exports should continue without interruption out of POG which I thought was their biggest challenge. In addition they have a large $$ injection coming from their next (last) last BP lift.

Meanwhile their share price remained static this week.

In the same week GAS (majority SH being TEG) has dropped its half yearly report and risen 17%. And worst of all with very little commentary.

From what I understand they are edging closer to production, are in reasonable proximity to existing gaslines and will be selling into a booming market.

Reading through their reporting they seem genuinely excited by their prospects. In the last Annual Report they had recommenced discussions with with infrastructure providers for a connecting pipeline and were also anticipating that they would soon be in a position to seek reserve certification of some prospects.

Whether they prove up their prospects and deliverability and then get taken out or actually go it alone as a producer the uplift in SP could be very handy for TEG.

Is it real? Is GAS close to evolving from explorer to producer? What sort of timeframes are involved?

TEG seems to be headed in the right direction and I feel like GAS gives all SH a second bite at the cherry.

Luvlife I have drunk the cordial and joined the ranks of TEG converts, albeit on a micro scale. I am just unsure whether I am meant to be on the arriving train or waiting at the station with Mikey? Any advice would be appreciated.