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

To: Edward M. Zettlemoyer who wrote (491)	10/5/1999 9:50:00 AM
From: Tomas	Read Replies (2) \| Respond to of 1713

Fight for Sudan's oil is killing civilians - Globe and Mail, October 5 Canadian company part of consortium developing fields being cleared by force in civil war DAMIEN LEWIS Special to The Globe and Mail Tuesday, October 5, 1999 Gumriak, Sudan -- The Nuba mountains of southern Sudan, a region long closed to outsiders, is Sudan's new killing fields, where bombs and helicopter gunships have razed villages and deep, blackened craters pock the landscape. The area is a crucial oil field, and working amid the destruction are Canada's Talisman Energy Inc., of Calgary, as well as state oil companies from China and Malaysia, trying to increase the region's oil output tenfold. The Sudanese may not know the actual names of the oil companies responsible for what happens here. But they all know that their lives are being destroyed because of oil. "The reasons for the attacks are clear," said Stephen Mabok, a local commissioner. "They want to exploit the oil in this area without fear of local resistance, so they are clearing the area and removing all the people." Sudan has an estimated $45-billion (U.S.) in oil reserves. The international consortium of companies developing the fields has plowed more than $4-billion (U.S.) into what they hope will be Africa's newest oil boom. The oil fields are situated on the very front line of Africa's longest-running civil war, in which the ruling National Islamic Front is pitted against the rebels of the South, chiefly the Sudan People's Liberation Army. In 1983, when the northern government tried to impose Islamic law on the south, war broke out. An estimated two million Christians and Muslims have been displaced by the war. The rebels say the NIF regime aims to Islamize and Arabize the animist and Christian black Africans of South Sudan, or exterminate them. They say they're fighting for their very survival. ... Full article: globeandmail.com

To: Edward M. Zettlemoyer who wrote (491)	10/5/1999 11:34:00 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 1713

Ed, I meant decimating Dinka Village surrounding the oilfields. Details can be picked up in this week's testimony before the African Affairs Committee. BTW John Garang de Mabior himself was just in Washington DC consulting with US officials. Razorbak should know that this stock could move heavily either way depending upon how the war works out in the Sudan. I was trying to make sure new or potential investors are aware of this fact. Just look at how gold exploded when European central banks announced limits on future gold sales about ten days ago....IMO growing US involment in the Sudan will in the long term help Talisman's position as issues are finally sorted out and some sort of just peace is put in place....