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$4.79 0.41 (9.36%)
12/3/2008 3:59 PM

Toreador Resources Corp (TRGL)

CAPS Rating:
**

The Company is an independent international energy company engaged in oil and natural gas exploration, development, production, leasing and acquisition activities.

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Avatar EriKarju (82.04) Submitted: 6/17/07 11:52 PM : Outperform Start Price: $15.54 TRGL Score: -26.11

TRGL has just got online it's first gas well on Akkaya platform on Black Sea off Turkey. Two more will follow within a month or two. These wells should provide, according to June 12th stockholders meeting, about 2 million USD in FREE CASH FLOW (CEO's words) per month. And the company has other promising gas leases in Turkey and Romania. The stock has fallen to about 15 - 16 USD from January's 28 USD. I fully expect TRGL's stock to move back to January's numbers before the end of this year and have my money on the stock.

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Avatar hall9999 (99.20) Submitted: 6/20/07 2:52 AM

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Is that 2million FCF TRGL's share or the total amount from the platforms? According to the following press release, "Toreador has 36.75% interest in the project, ..."

http://biz.yahoo.com/bw/070523/20070523005525.html?.v=1

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