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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (20309)	5/19/2006 2:56:21 PM
From: B O Trust	Read Replies (4) of 37387

This oiler can reach CAD 50 this year NAV CAD 15 now selling out CAD 11,4 VPC starts drilling the Lagansky "low risk" prospect in less 2 months There is huge potential Low estimate 471 billion barrels Medium Estimate 857 billion barrels Best Estimate 940 billion barrels High Estimate 1516 billion barrels aktietips.com No dry hole has ever been drilled in the Northern Caspian Sea and the average proven reserves size stands at a staggering 830 mln bbls. The adjacent discovery by Lukoil at Rakushechnoye recently discovered an 80 meter column of oil testing 11,000 bpd. Lukoil estimates 600 mln bbls of reserves based solely on the first well thus likely to be significantly expanded as further drilling gets underway. (See Graphs Valkyries PC, Reserves Summary and Valkyries PC, Reserves Growth.) Excluding the potential of the Lagansky development VPC projects production to reach 13,000 bpd by 2007. Net Asset Value according to the company as of August ~ CAD 15 / share aktietips.com Last Private Placement CAD 11,5

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