Club Mulgoa

Friday, September 07, 2012

TPT

Nice article in AFR Weekend about TPT.  A few prominent people from the oil and gas industry have signed up for TPT.  There might be more farm-in activities.  Small exploration stocks cannot make it on their own as it is too expensive to drill.  They need the big boys with deep pockets.

That is why I am into PCL (in trading halt and not doing well in the last week due to failure to find liquid hydrocarbons), TPT, BPT, COE, VIL, WHN, PVD, MEO, ROC, AWE, NDO, NEN and RIA and quite a few shale gas explorers in Australia.  But so far, the results have not been brilliant :-(

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