Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: John Madarasz who wrote (2551)	6/22/2003 9:47:08 AM
From: KyrosL	Read Replies (1) of 4908

His info regarding the Caspian sea oil bonanza is a bit outdated. "In the early nineties the Caspian seemed to be the next Middle East. In 2001 we had 20 out of 25 dry holes that dampened the enthusiasm for the Caspian significantly. In 2001 Kashagan was finally discovered, deemed to be the greatest field in the decade. In 2002 BP and Stat Oil quietly sold their 14% of Kashagan for 800 million dollars. In 2003 British Gas put their 17% on the block for 1.2 billion dollars." fromthewilderness.com

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