Tengasco (TGC), and E&P company, has been a massive disillusion for its shareholders. From as high as $14 in 2001 when crude was barely $30 per barrel, it then plunged into penny-stock land and languished there for years. There have been sporadic attempts at a rally, but they all died down.
But it turns out that there might be reasons to believe that new hope is warranted. This article will explain why.
As per Yahoo Finance:
Tengasco engages in the exploration for and production of oil and natural gas in the United States. It primarily holds interests in the oil and gas properties located in Kansas; and the Swan Creek field, Tennessee. The company has 196
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