TEG .. TEG ... TEGO ..... TEG
TEG/TEGO
Drilling Perth Basin for oil and gas.
Drill rig secured for the first hole to start in 8 weeks time to a TD of 2900m.
Second smaller hole using a smaller rig will follow.
It's been ages in the making.
TEG has a 50% stake, is in control of the site and the first hole is fully funded.
Now is a good time to enter and just sit it out for a bit, sell into the hype maybe or exit before TD.
They released a presso on 6 March 2024, good run down on what's happening.
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