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Gold/Mining/Energy : Centurion Energy Intl Inc

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To: HotnSpicy who wrote (303)11/9/2005 3:37:28 PM
From: semi_infinite   Read Replies (1) of 350
 
TMY - Those oil properties look similar to Tengiz. 1% H2S in the oil phase gets us to about 20% H2S in the gas phase at the low pressure separator so much treatment is required. The best thing to do is dehydrate and reinject without desouring (I wont want to be around <g> ). Aren't the wells flowing? --- I noted on Yahoo message board that posters are talking about ESP installations. Yikes, do these guys know what they are doing?

As for $/reserves - I am thinking in terms of the worth to owners that are always under the threat of confiscation. The Chinese and Russians don't have to worry about that. That is a real worry for small Canadian and American companies. If it was worth more to TMY, the Kaz seller would have sold at a higher price. There are no stupid sellers in Kaz. That is why PKZ had a 50% discount most of its existence.
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