Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : TLM.TSE Talisman Energy -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (366)	7/29/1999 7:12:00 PM
From: John Sladek	Respond to of 1713

Gulf Indonesia, Talisman and Pertamina Announce Substantial Gas Discovery in South Sumatra CALGARY, July 29, /CNW/ - Gulf Indonesia Resources Limited, Talisman (Corridor) Ltd., a wholly owned subsidiary of Talisman Energy Inc., and Pertamina announced today the results of the Durian Mabok 2 well in the Corridor Production Sharing Contract (PSC) area in south Sumatra, Indonesia. The Durian Mabok 2 wildcat well was drilled on a previously untested structure 8 kilometers (km) from the successful Suban 3 delineation well announced in March 1999 and 7.5 km from the Suban 2 exploration discovery announced in January 1999. Test data combined with seismic mapping suggest that all three wells have penetrated a single gas pool which has a minimum gas column of 500 metres and covers an area of at least 72 square km. The base of the gas pool (gas / water contact) has not been encountered in any of the three wells. A 144 metre, open-hole interval within fractured pre-Tertiary granites above 2,517 metres was flow-tested through a 60/64-inch choke at a rate of 26 million cubic feet of natural gas per day with approximately 139 barrels of condensate per day. Logs run while testing confirm that the entire interval lies within the gas column. The tested gas contained low levels of carbon dioxide similar to the 5.5 per cent encountered in the Suban 2 and Suban 3 wells, significant in that very little processing will be required to meet the sales gas specification of 5 per cent carbon dioxide. A second, cased hole test is currently underway in the overlying Tertiary reservoirs which were found to be considerably thicker than in the previous wells. Complete press release at: newswire.ca Regards, John Sladek

To: Tomas who wrote (366)	7/30/1999 5:24:00 AM
From: Edward M. Zettlemoyer	Respond to of 1713

Tomas, The last time a boycott was called was by a major religious group. Sorta looks like they took advantage of a sell-off they created, or haven't been practicing what they preach. SEC files revealed that while members were publicly protesting and calling for a boycott of the stock the holy wagon was rolled up to the brokers office. Current holdings in TLM by this religious group is 70,000 shares. We live in interesting times. Hopefully when everyone is done playing the "skakeout" game the world will focus on individuals who just might have some insight and solutions to the human suffering going on in Sudan. I am not overly impressed by politicians who burst on the scene as soon as cash flow comes into the picture, but rather, people who have earned their dignity by being involved in the Sudan situation for years, people like Mr Jimmy Carter for example. eom Ed

To: Tomas who wrote (366)	8/2/1999 12:00:00 PM
From: Tomas	Respond to of 1713

Sudan Rebuttal - Financial Post, July 26 The Sudanese charge d'affaires, Abd Elghani Awad El Karim, grossly misrepresented and distorted facts in your article, Sudan Denounces Talisman's Opponents (July 5). The protest on June 30 outside the Toronto Stock Exchange was not political propaganda, or an attempt to solicit financial support for the Sudan People's Liberation Army. The protesters were 150 members of the South Sudanese communities across Southern Ontario, and concerned Canadian citizens. The protest was a plea to stop the war in the Sudan and save innocent lives in South Sudan. Talisman Energy Inc. was urged to pull out of the Great Nile Oil Project, to deprive it of financial, human and technological resources. If Talisman withdraws from the project, oil drilling, transportation and export can be disrupted. It can also highlight the risks involved, and deter other companies from investing in the project. Talisman is not heeding the plea. It is imperative to deny the government of Sudan the oil revenue, which it will use to finance the war. Sudan is bankrupt. The war costs about $600-million (US) annually. The government cannot afford to continue prosecuting the war without oil revenue and help from friends such as Talisman. Mr. El Karim is the one who has engaged in cheap political propaganda, as evidenced by his unsubstantiated allegations. It is not surprising that he misrepresented and distorted the purpose of the protest. He represents a government that excels in duplicity. Manock Achuil Lual, member of the South Sudanese community, Toronto.