CANADIAN OIL & GAS COMPANIES Message Board

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To: LoneClone who wrote (11498)	2/12/2007 9:40:40 AM
From: Kerm Yerman	Read Replies (1) of 21486

LoneClone - Re: Bow Valley and their Alaskan Play. First 2 or 3 wells drilled in their initial drilling program are interesting to me. The group of people that put this acreage together are very experienced in Alaskan operations - formerly with majors that operated in this area. If the Alaskan Play interests you, check out a little company named TG World Energy (TGE) that is listed on the Venture Exchange. Shares are currently $1.71. TG World is also part of the Alaskan venture and as a bonus play - you are buying into a play in Niger (not Nigeria). As I speak, TGE (20%) and the Chinese (CNPC - 80%) are testing their first well that took 3 months to drill. I am guessing they have had oil shows - but whether it results in a commercial well is yet unknown. What I do know is that they are pouring in an additional huge amount of dollars for the testing. An analyst from Wellington Capital just put out a research report with a speculative buy and price target of $3.25. Disclosure - I own shares in TGE which I bought over a year ago on sheer speculation. I still hold the full amount of those shares.