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Message: Quebec

Re: Quebec FROM TLM WEBSITE - 2009 HIGHLIGHTS

in response to by
posted on Apr 22, 2009 06:54AM

" (...) While our main development well focus will be in these two areas (Marcellus and Texas) , we will also continue to pilot and prepare our Quebec lands for a ramp up in drilling in 2010 and beyond and we will also complete our drilling in West Texas as part of the Hallwood deal we signed last year.

Accelerating our unconventional strategy implementation will be the first priority for any incremental capital which becomes available through the year, either through higher commodity prices, or through additional divestments we close through the year. (...)"

So TLM is going to RAMP UP DRILLING in 2010 in Quebec, or even sooner through 2008.

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