Hi,

I did make a profit on the last EGY TA trade and am out 100% so 4 wins and 1 push.

Yesterday TGA Q report was very dissappointing. They had two high potential wells drilled that both missed. Hoshia and Hoda. It was the worst Q of drilling that I have seen TGA have, sold out 100% with about 75-100% profit depending on accounts, not too bad for a year. May get in again later.

Thus I do not have a favorite oil stock now. The ones am in are TGC and GTE. I see theit CC is going onnow so will stop post, here are highlights. Question what oils stock do you think is the best investment now?

Cheers


- Increased production 209% to 12,945 barrels of oil per day (BOPD) net
after royalty (NAR) for the quarter ended September 30, 2009,
compared with 4,194 BOPD NAR for the same period in 2008;

- Reached daily production plateau target of 19,000 BOPD gross for the
Costayaco field at the end of August, ahead of schedule. In addition,
the Costayaco gross field production reached five million cumulative
barrels of oil on September 10, 2009 triggering an increase in
government royalties for Costayaco;

- Net loss for the quarter was $2.8 million and includes a foreign
exchange loss of $18.9 million, due to a 20.3 million unrealized
non-cash foreign exchange loss, offset in part by a realized foreign
exchange gain of $1.4 million;

- Funds flow from operations for the quarter was $53.1 million compared
with $17.8 million for the same period in 2008 (see table below);