SPRL - Strat Petroleum, Ltd. (Bulls Board) Message Board

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Gold/Mining/Energy : SPRL - Strat Petroleum, Ltd. (Bulls Board)

SPRL 0.0001000

+400.2%

Mar 7 3:00 PM EST

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From: jmhollen	12/30/2004 3:49:23 PM
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From RB: By: 2create 30 Dec 2004, 03:32 PM EST Msg. 3129 of 3130 Short Notes from C/C… Some of this you already know, but for those who don’t… Also, if I have misunderstood anything, please advise so I may review my notes. • Reviewing 2 to 3 term sheets for immediate financing needs to close on the FIRST of the two Orenburg deals • Russian giant Gazprom anticipating there arrival in coming weeks…with open arms! • If deal closes successfully, plans to double or triple existing production on the first two J/V oil existing oil sites • Sam or Joe stated they may not currently need private placement, but would rather pursue debt financing, rather than traditional equity funding. But will do what it takes to close big deals that com along. Reiterated that “they” the principals together own over 50% of the stock…So they have our mutual success in hand. • Will be fully reporting in the very near future…approx. 3 months from now. • Goal to be AMEX listed ASAP…wants it to be optionable,…etc. • Looking next at other large projects to follow in the Orenburg region, but will first focus on the closing and production /revenue increases with J/V Gazprom projects underway. • Virtually no competition with as much foothold and O&G experience with the Russian government (Also I can’t say how important it is for to be partnering with a Co. like Gazprom, who in turn has such close ties & partnership with the Russian leader, Puitn!) • Nite is biggest MFMMM…possible better executions if you ask your broker to rout orders to HDSN • Within a week or two should have more IR/PR influence. • Looking to add O & G people from Texas and Canada to their team • 50% of oil produced to be sold locally in Russia, other 50% to be exported • Revenues to begin “day one” as overheard in background after commencement of options. Overall I felt to Conference Call went very well, professionally done and topics were discussed/answered intelligently. Just my short handed notes to give a little presence of the call today…As always DYO DD. .

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