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TEG, TRIANGLE ENERGY (GLOBAL) LIMITED
pheonix
post Posted: Oct 11 2007, 10:21 AM
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In reply to: ferdie on Thursday 11/10/07 10:07am

Only if the receivers wind it up and they issue an announcement to that effect. At the moment it still 'exists' and they have been looking for alternatives to a bullet. I think the sub prime fallout would have killed any US raising.

 
ferdie
post Posted: Oct 11 2007, 10:07 AM
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Will our "investment" be able to be written of as a tax loss this year?

 
oilleak
post Posted: Oct 5 2007, 02:57 PM
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In reply to: pheonix on Friday 05/10/07 02:39pm

Ooops!!

Rename from MUD to DUD !

 
pheonix
post Posted: Oct 5 2007, 02:39 PM
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In reply to: oilleak on Friday 28/09/07 03:41pm

Announ of 2/10/07. They are sending back monies raised by prospectus. Seems the US commitment was not a commitment. RIP

 
oilleak
post Posted: Sep 28 2007, 03:41 PM
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In reply to: ShareScene.com on Friday 28/09/07 03:27pm

Should of been re-named M.U.D smile.gif

 
ShareScene.com
post Posted: Sep 28 2007, 03:27 PM
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Topic rename

From:
WHITE SANDS PETROLEUM LIMITED (WSP)

To:
MAVERICK DRILLING INTERNATIONAL LTD (MRK)

Thankyou
Sharescene.com

 


marathon
post Posted: Aug 28 2007, 03:35 PM
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In reply to: pheonix on Tuesday 28/08/07 02:35pm

Pleased to read that the Chairman is "excited" about the opportunity for investors and that some of the spare parts for the fabled rig may be used for new rigs.In the meantime BOQ is still waiting for its $2.9 million.
If you could believe the prospectus the float would succeed as it says US investors have commited for $40,000,000.
However WSP was long on promises and short on performance so will again wait for performance before considering .

 
pheonix
post Posted: Aug 28 2007, 02:35 PM
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In reply to: marathon on Monday 11/06/07 03:54pm

Got my prospectus today. I'll be happy to get back a few $ that I had written off. Cannot bring myself to give them any more funds though. Looks like the bulk of funds will be used to startup a rig manufacture operation not so much a drilling business. They are claiming to be able to build 10 rigs pa. I remember them claiming once to be going to drill 15 wells in 12 months. The flow of BS hasn't change.

Wonder why PetroSun pulled out of negotiations?

 
ballcrusher
post Posted: Jun 12 2007, 12:53 PM
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Give SIMS a call. godd money for scrap these days lmaosmiley.gif



--------------------
Q: What's the difference between the collingwood footy club and an arsonist ?
A: The arsonist wouldn't waste 22 matches.
 
pheonix
post Posted: Jun 12 2007, 11:34 AM
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In reply to: Commander C on Tuesday 12/06/07 05:41am

Hi CC
Have a look at the Rig on the Dome site. its quite something. The property owner might be able to have a tourist attraction of a 'dinosaur'.

I am simply bowled over by the total incompetence of a crew that could drill an undersized hole that the casing was too big for.


 
 


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