THK unknown

http://biz.yahoo.com/prnews/061201/daf017.html?.v=81currently...

  1. 875 Posts.
    http://biz.yahoo.com/prnews/061201/daf017.html?.v=81

    currently THK is earning much of its revenue on 4 wells with williams... add to this their recent confirmed 10-20bcf (nett to THK) gas plays and porbable double this amount (excluding williams), and their 12.5% share with metro energy (12.5%) and devon 75% this company is definately going on to bigger and better things..

    William mentioned in increased its reserves in gas plays by 600bcf in the last year, 277% increase... THK has now increased its nett reserves to around 65bcf confirmed (conventional 10-20bcf + probable >20bcf & non conventional 45bcf)...

    anyway, what I am getting at is that Tomahawk with only 66.5M shares on issue, i believe including 6m escrowed till Feb 07 with Metro and a market cap of just over $20M represents great growth potential...

    THK is working with big players, proven players, players with the technology to get the gas out of the ground and quickly and with established pipelines to the wells..

    some views on THK appreciated if anyone is interested...
 
watchlist Created with Sketch. Add THK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.