TYK (VSE) Tanganyika Oil Message Board

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Gold/Mining/Energy : TYK (VSE) Tanganyika Oil

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To: Arktic who wrote (257)	11/25/1999 7:27:00 PM
From: Greywolf	Read Replies (1) of 500

Good questions Paul, as what we still do not know is how big is the reserve and we also do not know what is going to create the bottom line ie cost structure etc. TYK has a 50% part in the well and I assume that is 50% of the bopd as well. Remember I was a bit cold on this one so I have not had my ear to the tracks for awhile... At the current oil price I have a sneaky feeling that they may be on to a good one though. Hana is in my eyes the cow to cash the Mandawa drilling next year. A barrel in the hand is worth a whole bunch in the ground.... Greywolf

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