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Gold/Mining/Energy : TYK (VSE) Tanganyika Oil

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To: Greywolf who wrote (484)3/1/2005 7:26:30 PM
From: B O Trust  Read Replies (1) of 500
 
Check this one out, it looks like someone trying to stop this Lundin junior from lifting but.. rumors has it that:

Both drills in Egypt indicated very promising oil shows and both Hoshia-1 & Fadl-1 are being tested. The needed for W-O-rigg have now reached Fadl-1 site making it possible to repair the faulty cement casing reportedly delaying test no 1.

Hoshia-1 tests will probably be released soon - test no 2.

Else: smooth running operations in Syria where two new BIG fields will be tested. Field reserves workovers together with the recent oil prices give a promising future to this small company with huge reserves and few shares.
Note the chinese bidding for the Syrian Oudeh field before recently signed fields. More reserves - probably bolstering earlier interest. Be sure more interesting news will follow.

tanganyikaoil.com
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