strength

Capitalizing on
Our Competitive Advantages

Looking ahead, we see an exciting future where we can leverage our strengths and competitive advantages to build upon our strong foundation. For example, while other companies are looking to exit the Gulf of Mexico due to increased regulatory, insurance and safety requirements, we seek to capitalize on growth opportunities in the Gulf. With Tana Exploration’s lean organization, highly-skilled personnel and disciplined, cost-effective approach, we are the right-sized company to economically operate in the Gulf, which holds significant upside potential to profitably add and develop reserves.

Tana Exploration’s ownership structure gives us substantial financial strength to pursue our growth targets. Our company is wholly owned by TRT Holdings, Inc., a privately-held firm based in Dallas, Texas.

 

 

Featured Property

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VR 284 Atomic Prospect

WD: 180’

Est Res: 2.6 MMBO & 3.0 BCF

PTMD/TVD: 12,700’

DHC: $7.6MM

CC: $4.6MM

WI/NRI: 100%/79.75%

Atomic is a very nice oil prospect supported by an amplitude nestled in a 3-way fault closure which looks very similar to the amplitude associated with the shallower 10,800’ sand which produced over 10 MMBO and 14 BCF in the VR 284 Field. Tana is making 25% to 33% available on a promoted basis. Anticipated spud date will be late 4th quarter of 2011 or early 2012.

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TANA NEWS

On Saturday, November 5, Tana Exploration employees, family members and friends will lace up their sneakers and join hundreds of other walkers for the 2011 Montgomery County Heart Walk. ...

Tana will host booth #2437 at Summer NAPE 2011 on August 18 and 19 at the George R. Brown Convention Center in downtown Houston. NAPE, the North American Prospect...