In December TAMM announced that the projected through an agreement that was in the works they would acquire the Heavy Oil Rights on up to 1,280 acres through Zentrum Energie Trust, AG ("Zentrum") of Switzerland in the Manning area of Northwest Alberta, Canada. This agreement is still being worked on and the company hopes to announce the completion very soon.
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Don Hryhor, Director and Exploration advisor said, "This agreement is an addition to our existing land position in the Manning Area. Management is pleased with the exceptionally favourable earning terms as negotiated. A two well drilling program has received management approval and we are moving ahead to license two wells to be drilled on these additional properties with the goal of drilling this winter."
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