Web Site : http://www.taghmenenergy.com/

Company Update Webcast Webcast, watch by clicking here

June 2006 Write Up June 06 Oil Barrel Link Here

May 2006 Write Up : http://www.proactiveinvestors.com/registered/articles/article.asp?TAG

May 2006 Research Report : http://www.objectivecapital.co.uk/taghmen.pdf

April 2006 Presentation : http://www.taghmenenergy.com/documents/taghmen_04_06.pps

Email : info@taghmenenergy.com

Company Profile

Taghmen Energy is an independent oil and gas exploration, development and production company which listed on Londons AIM market in January 2005. It is focused on Latin America and has assembled a group of assets in Central America.

Key Points:

Exploration focus is shifting to new hydrocarbon destinations.
Maturing fields in traditional oil producing regions such as the Persian Gulf and the North Sea have prompted companies to seek alternative destinations for hydrocarbon reserves. As a result, there has been a notable increase in exploration activity amongst the former Soviet Union, Latin/Central America and West Africa regions due to their under-exploited reserves. Much of future oil and gas production is expected to come from these emerging hydrocarbon regions.

... and to the development of smaller fields
With the notable exception of those in the former Soviet Union, new regions however offer relatively smaller fields. Their economics make them distinctly attractive for smaller companies but unattractive for the majors. This has prompted larger companies to focus on production, leaving exploration and development of hydrocarbon reserves with smaller companies. Taghmen characterises these emerging exploration trends in the oil and gas sector.

Corporate strategy entails both exploration and production
What is unique with Taghmen is its intent to be engaged in subsequent production as well. Most exploration companies seek to exit upon the prove-up of their reserves through an asset sale to a larger company. Taghmens intent to be a company maker makes it more selective in licence acquisition. It also offers more comfort regarding the reserve potential of its licence areas.

... and is en route to be implemented through an acquisition
Taghmen is in the process of finalizing the acquisition of Petroleos del Norte S.A. (PDN), a Colombian company that operates three fields close to Taghmens licence areas. The proposed acquisition would provide Taghmen with a larger exploration reserve base, a pipeline infrastructure and some producing assets. This reiterates Taghmens commitment to be a producing company rather than a pure exploration play.

High energy prices underpin the profitability of exploration
Rising demand for energy from fast growing economies such as China and the uncertainty in key oil producing regions are likely to keep world energy prices high. This has reduced the risk profile of exploration projects considerably. Current oil prices make even smaller fields financially viable.

Latin/Central American governments are keen to develop their reserves
As the energy needs of these countries mount, the need to develop their hydrocarbon resources has gained eloquence. Governments are keenly seeking foreign investment and have adopted several policy decisions to attract them to their respective countries. Colombia and Guatemala are no exceptions. Taghmen benefits from these developments
______________________________

Price guide for Mexican/Guatemalan Oil types (3X looks Olmeca type)
http://pemex.com/files/dcpe/epreciopromedio_ing.pdf


Las Casas Weather Link : http://www.fallingrain.com/world/GT/14/Las_Casas.html

Glossary of terms used in the oil business : Link Here



Las Casas Weather Link : http://www.fallingrain.com/world/GT/14/Las_Casas.html

Glossary of terms used in the oil business : Link Here

Details on what is an oil well : Link Here

Research links ;

http://www.taghmenenergy.com/documents/taghmen_float.pps

http://www.resourceinvestor.com/pebble.asp?relid=8052

http://www.taghmenenergy.com/documents/taghmen_aim_listing.pdf

http://www.findarticles.com/p/articles/mi_m3159/is_8_220/ai_55822340/pg_3

http://www.costaricabusinessclub.com/187/english/news.html

http://www.mbendi.co.za/a_sndmsg/news_view.asp?I=67434&PG=23

http://www.ihsenergy.com/company/pressroom/articles/files/07-05-worldwatch.pdf

http://www.ideasintl.com/news/Articles/TaghmenEnergy.htm

New September 2005 Investor Presentation (MS Powerpoint);
http://www.taghmenenergy.com/documents/taghmen_09_05.pps


Major Shareholders

Significant stakeholders now include Fidelity, Artemis, RAB, Metage and Millennium.

Major Shareholders : Shares in issue: 82.3m


Major Shareholders....................................Amount....................% Holding

Gregory Charles Smith (Dir)......................13,600,001................16.52
Millennium Global High Yield Fund Ltd........7,153,848..................8.69
Chasm Lake Management Services LLC......5,615,385..................6.82
OCH Ziff Capital Management.....................5,200,000..................6.32
Artemis Inv Mgmt Ltd.................................5,000,000..................6.07
Fidelity Management and Research.............4,745,755..................5.77
RAB Energy Fund Ltd................................4,480,770..................5.44
RAB Special Situations LP.........................3,713,077..................4.51
THIRD POINT LLC.....................................2,800,000..................3.40
Moore Capital Management Inc...................2,538,462..................3.08
Liberty Square Asset Management..............2,500,000..................3.04
Meridian Natural Resources High Yield.........2,423,078..................2.94
Metage Funds Ltd.......................................1,897,470..................2.30

Other directors
James De Vaux Guiang (Dir).......................1,000,000...................1.215
Nicholas Hugo Gay (Dir)............................750,000...................0.911
John McNeil Scott (Dir)............................750,000...................0.911

2006 Work Plan For Guatemala and Colombia

Guatemala (Active drilling 2006 to early 2007)



For Las Casas license

Ongoing = Long Term Production Testing - Las Casas 3X
May to July 2006 ***** Sidetrack of Las Casas 1X
July to August 2006 ***** New Well Huapec 2X

For A7-2005 license

June to July 2006 ***** Workover of Tortugas 4 (any order 4/5/2)
July to August 2006 ***** Workover of Tortugas 5
August to Sept 2006 ***** Workover of Atzam 2
May 2006 ***** 2D Seismic at Tortugas / Atzam
June to Sept 2006 ***** 3D Seismic at Tortugas / Atzam
October 2006 onwards ***** Drilling of 3 news wells at Tortugas/Atzam
___________________________________________________________________

Colombia (Process and Prepare ahead of 2007 drilling)



Midas License

May to June 2006 ***** Reprocess old seismic and Well Studies
June 2006 ***** Geochecmical Survey
August to November ***** New Seismic acquisition

La Poloma License

May to June 2006 ***** Reprocess seismic and well studies
July to August 2006 ***** Geochemical Survey
Nov to December 2006 ***** New Seismic acquisition

PDN Colombia

Details to be issued once acquired

IC Write Up : 21st Apr 2006 IC Write Up Link Here
_________________

Research report (12th May 2006) on TAG in the link below :

Here is the comment from Nick Gay -

"please find a research report prepared by objective capital on taghmen.This covers our existing asset base,but does not take into account any impact of the PDN acquisition.Objective capital has also applied its own conservative geological risk factors to the various prospects.Having done this,they calculate a value for the assets of $84.3 million,well in excess of the current stock market valuation.Removing their risk factors indicates a value of $746.7 million.We obviously have a lot to play for !"

http://www.objectivecapital.co.uk/taghmen.pdf

A couple of large trades today at 61.5 and 61.8p

Could these be delayed sells from yesterday which has been holding the price down? Once this overhang is cleared, we should move up steadily.

Just seen PVR and looks interesting, thinking about jumping on after the profit taking has finished. Does anybody have an opinion on this stock please, only been trading since October so keen on any advice from you kind pro's out there.

Artemis (one the best performing funds) have accumalating 5 million shares got to be a good sign.

Good news today, Artemis taking a large stake in a late released RNS. A lot of people missed the 2nd RNS after 4pm saying about Artemis stake.

Aerotus, I think they were buys today, buybacks perhaps from earlier sells ? ;)

RNS Number:6098Y
Taghmen Energy PLC
17 February 2006

TAGHMEN ENERGY Plc
www.taghmenenergy.com
NOTIFIABLE INTEREST

Taghmen Energy Plc ("Taghmen" or the "Company") an independent oil and gas
exploration, development and production company, focused on Latin America, has
received the following notification of interest:

Artemis Investment Management Limited ("Artemis") notified the Company today
that following the recent fundraising, Artemis has a beneficial interest in
5,000,000 ordinary shares of US$0.10 par value which represents approximately
6.07 per cent of the ordinary issued share capital of the Company.

More Colombia news :) A second Colombia license :)

From the Sunday Times !

"Oil firm lands Colombian stake

TAGHMEN ENERGY, an AIM-listed oil-and-gas exploration and production company that claims to be Britains biggest investor in Guatemala, will announce tomorrow that it has acquired a large stake in a second licence to explore in Colombias Middle Magdalena Valley. The prospect may contain up to 20m barrels of oil reserves, the company said. Last week, Taghmen won a licence in the same region for a prospect that is estimated to have up to 90m barrels. Taghmen, under chief executive Nicholas Gay, is in pole position to benefit as Latin American oil and gas markets are privatised"

I agree with the "pole position", and it is their intentions over the coming years to make TAG a big player in Latin America.

The Million Dollar question now is, will it rise on Monday and keep rising now with this second good news coming, or will it rise and fall back again ? Wait and miss out ? or go in early and watch it come back ?...........

Hi PP just wondering why you treat tag so differently to chp. After watching your excellent performance in the champion investors have lots of respect for thoughts.

.Hi Kivver, its risen very fast, on the back of tips since January and lots since last year. The latest tip update I see on CHP says "speculative hold", this was last Friday. In one years the price is now times 7 and in one month its times 2. I think its too hot and frothy at the moment, it will probably go higher immediate short term, but then I expect a retrace back to fill the gap in the charts.

I have added in a link above on "What is an oil well" for newbies to gain a further understanding of a well and how it works and what the jargon means, and to restate some of my earlier comments on 3X :

As per the RNS well 3X was swabbed at 100bopd with just one zone of the casing perforated in the area of one of the pay zones. Well 3X has three pay zones, therefore when the other 2 zones of the case were perforated for the other 2 pay zones, the amount of potential bopd from simple swabbing would greatly increase. We do not know by how much, as we have no further information other than just for just a single pay zone perforated. Acid work was done to stimulate flow, this by all accounts was very successful.

One pay zone being 100bopd from swabbing alone, times by 3 for all pay zones perforated, the times by the "X" factor for acidisation (material increase in flow rates due to deep pentration, opening of veins and cleaning from the acid work), add a pump and you can get some very exciting flow rates, which is why although 500bopd is a target, the final flow rates could be well in excess of this figure, the emphasis is on "could be", but the potential is very much there.

Taghmen Energy PLC
20 February 2006

TAGHMEN ENERGY Plc
Interest in New Licence in Colombia

Taghmen Energy Plc ('Taghmen' or the 'Company'), an independent oil and gas
exploration, development and production company focused on Latin America and
which listed on AIM in January 2005, is pleased to announce it has agreed terms
that will lead to the Company acquiring an interest in an additional licence in
the Middle Magdalena Valley, Colombia.

Under the terms of its arrangement, Taghmen will ultimately acquire a 65%
interest in the licence but will not be Operator. Taghmen has identified several leads that could contain potential reserves of approximately 20 million barrels (13 million net to the Company). The initial work programme covers a four year time frame with approximately $1 million to be borne by Taghmen in the first year related to a new 2D seismic shoot, together with the reprocessing of existing data. Following the initial programme the Company can choose to proceed with further work or to relinquish a portion of the licence at the end of each year.

The transaction is expected to close within the next 45 days and is dependent on the underlying licence being successfully issued.

This follows the award to Taghmen of the 'Midas' licence in the same region, as
announced on 15th February 2006, which is estimated to have the potential for
recoverable reserves of up to 90 million barrels.

Nicholas Gay, CEO of Taghmen Energy Plc commented:

'Upon successful completion of this transaction, our Colombian interests will
have the potential to add nearly 80 million barrels, net to Taghmen, to our
existing Guatemalan potential reserve base of approximately 45 million barrels.
The attractive new licence terms and tremendous hydrocarbons potential of
Colombia made it an obvious choice for the expansion of our Latin American asset base.'

20th February 2006

For further information, please contact:
Taghmen Energy Plc Nicholas Gay,
Nicholasgay@taghmenenergy.com +44(0)2072974360
www.taghmenenergy.com

Some decent buying today, lets hope it continues and as soon as we have Cannacord clear, we can have some decent rises.

I hope this times in with 3X news coming out.

And we had our first MM buy for a long time this morning, how about that, impressive or not ? ;) LOL

PP,

Please would you explain what the 'Cannacord' issue is and why this is affecting the shre price?

In this morning.

PP,

Please ignore my last re Cannacord found the answer on another board.

Cheers

Cannacord, the now removed TAG broker, and in place of them we have Seymour Pierce. Cannacord are also an MM (CANA) and appear to be selling for a client of theirs. When this is finished, I would expect a strong rise on TAG.

Yes Papal - Unfortunately we will need to clear out that seller. I did my part by adding another 5K. Holding 30K now :)

525K and 125K trades just materialised. These must surely be the accumulated sells which have kept the price down? On and upwards from here?

But the price of 63p and 62p would indicate they are buys. Very strange??