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Gold/Mining/Energy : TYK (VSE) Tanganyika Oil
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To: Tommaso who wrote (282)5/15/2000 8:46:00 PM
From: Tomas   of 500
 
RE: Syria. I have been waiting for this since 1998, now it has finally come true. It's certainly good news, but how good? It's hard to say, we need to know more about the deal. A couple of unanswered questions:

Tanganyika Oil "share ownership in the incremental oil produced." What % and what are the terms?

I assume "total hydrocarbon volumes at greater than 2.0 billion barrels of oil" = oil in place, how big are the recoverable reserves?
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