Tracer Petroleum (TCXXF) Message Board

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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Peter G. Troyan who wrote (216)	7/29/1997 1:40:00 AM
From: Dave K	of 1261

Pete, your point on a 15% vs 40% deal is well taken but my main concern is time. Especially with regard to their access to NT Block. > The larger companies are ruthless, and will watch you wither on the vine, and then gobble up the remains.< Exactly my thoughts in my previous post. They need some kind of leverage which I thought would come from their relationship with Pertamina or ?. On a different track: What's your take on them looking into finding gas development targets for downstream users. They mention this in the Annual: "Tremendous growth potential is seen in power generation from gas development" etc etc. Heard anything yet to indicate this may be worthwhile revenue source ?. Best Regards Dave.

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