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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Peter G. Troyan who wrote (260)8/10/1997 8:54:00 PM
From: James Strauss   of 1261
 
50+++ Million Barrels...

>>>>I don't know what significant means either. In Indonesia 100 million barrell structures are common. I therefore would assume it may mean 50+ million barrells. If these are blocks, that would mean there would be other structures also. This could be some very good news for shareholders. We have waited a long time for some positive news. Let's hope we get these, and we may smile for a while. I like this Jacobs guy more and more. He seems to be a real "oilman."<<<<
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Peter:

Let's see... Oil is going for over 20.00 a barrlel... : > : >

Jim
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