Aleator Energy Ltd. updated the market about the latest resource estimation of the Povorotnoye gas field:
=> former estimation of 61bcf gas in place increased to 256bcf (P50)
=> drill rig secured, drilling could start in September
=> commercial production could commence in mid-2013, if drilling is successful and well commercial
TSU share price almost 25% up in Oslo so far.
Cheers and have a good day,