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


To: Zeev Hed who wrote (442)9/9/1999 9:45:00 PM
From: Tomas  Respond to of 1713
 
Cheers Zeev! Talisman is attracting keen interest because of - Sudan!

CALGARY, Sept 9 (Reuters) -
The biggest stock market gainers among the oils were led by Talisman Energy, the country's largest international oil producer, which jumped C$2.70, or nearly 6 percent, to a new 52-week high of C$48.95.

Analysts said Talisman, now working toward completing its takeover of Rigel Energy Corp., was attracting keen interest because of its stake in a major oil project in Sudan that shipped its first load of crude to market by tanker this month.

``There have been many individual days in the last few weeks where the production in Sudan has been at 180,000 barrels a day, of which Talisman gets 25 percent,' said Martin Molyneaux, analyst with FirstEnergy Capital Corp. ``Those are very, very profitable barrels in a $23 oil environment.'
Production from the project was expected to average 150,000 barrels a day initially.

Full article: Canadian energy stocks climb with oil prices
biz.yahoo.com



To: Zeev Hed who wrote (442)9/9/1999 10:47:00 PM
From: JBullock  Read Replies (1) | Respond to of 1713
 
Zeev,

I decided to have a drink as well when I saw a quote.
Cheers!...Oh, could you get someone to take this couch
away? It appears that Arakis has finally delivered us
to positive territory.



To: Zeev Hed who wrote (442)9/14/1999 6:06:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) | Respond to of 1713
 
Zeev and all, been on a short vacation. I see TLM had a nice rally last week, Cheers, a tip of the O'Mug to all. A belated drink or a continuation of the party? Judging by the implications of the runaway gap pattern we have on the chart my guess is we'll see $34.50 before this intermediate run is over. Upper trendline envelope also confirming. All said, the uptrend is still valid and moving at a very powerful 61.8% slope. Cheers, Ed