Petrokazakhstan Inc. Message Board

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Gold/Mining/Energy : Petrokazakhstan Inc.

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To: Thomas Kelly who wrote (2309)	9/23/2003 12:12:16 PM
From: forecaster	Read Replies (1) of 2357

Tom, how do you interpret the presentation slide #37? Are these individual items mutually exclusive, i.e. can they be summed without doublecounting? Reserves: Proved + Probable : 518 M Possible: 227 M Enhanced Oil Recovery: 54-170 M ------------------------------------------------------------ TOTAL FOUND: 799-915 M Additional Exploration Mean Potential: 650 M ------------------------------------------------------------ TOTAL FOUND + POTENTIAL: 1,449 - 1,565 Million Barrels of Oil Also, slide #41 says: "East Karavanchi, currently drilling..." I guess this is the first of the 3 deep wells to be drilled by February 2004. When was it spudded? How much oil are they expecting to find? Forecaster

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