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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Big Dog who wrote (39656)3/1/2005 2:22:55 PM
From: aerosappy  Read Replies (3) of 206209
 
Your Dogginess,

Are you familiar with the Falkland Island oil story...and do you know the name of the company(s) (that are described in the attached Web link promo that have holdings there)? Per this promo Morgan Stanley recently bought a 3% interest in one of the companies.

TIA,

David
agora-inc.com
{snip}
Take a look at this chart. It shows that the Falklands could be one of the 10 largest oil regions in the world. As you can see, it lies just behind the United Arab Emirates and above Russia.

Rank, Country, Proven Oil Reserves (2003, in Billion Barrels)
1...... Saudi Arabia.... 261.6
2..... Iraq.... 115.0
3.....Iran .....100.1
4.....Kuwait.....98.9
5.....United Arab Emirates .....63.0
6..... Falkland Islands .....60.0
7.....Russia .....58.8
8.....Venezuela.....53.1
*(Estimated reserve) Sources: US Department of Energy, British Geological Survey
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