Tangiers Petroleum - Re: TPET Stream Log - Freeplay: with these three oil...

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10:31 27/06/2014

Freeplay: with these three oil targets stacked as they are there is a totally different risk/reward equation here. If there is nothing at first target there will still be the continued drill to the bigger target (predicted approx 3 times bigger) of ‘Trident’. Since success at first target would be ‘company-making’ then a punt before that encounter is fully covered by the prospects for Trident. This is a fantastic opportunity to get involved in an oil discovery with a ‘guaranteed’ limit to downside imo. GLA.

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