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Gold/Mining/Energy : Valkyries Petroleum (VPC)

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From: TheRealJRL9/29/2005 2:29:34 PM
   of 14
 
Extract from Valkyries latest corporate presentation

Opportunity Summary
Area
Project WI% (Risked )Reserves Upfront Cost (USD)

Kalmykia
Lagansky 70% 250 MMBO $28.5 MM
Kalmrost 51% 160 MMBO $5.0 MM
Kalmoil 51% 50 MMBO $0.0 MM

Orenburg
Tverdilovskoye 84% 15 MMBO 1P $12 MM
27 MMBO 2P
Ashirovskoye 51% 10 MMBO 1P $ 4 MM
30 MMBO 2P

Komi/Nenets
South Titov 51% 50 MMBO $2 MM
West Mateyeva 76% 200 MMBO $0.2MM

TOTALS
767 MMBO $51.7 MM
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