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 (1053)	9/6/2000 12:46:42 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 1713

Tomas, You have a point there. Talisman is in no way a "bad guy" How do you conduct business under western standards when no western standards exist in a country like Sudan? And you are right- Unlike Kosovo the international community is "dragging its feet" in resolving the problems in the Sudan- Maybe the sheer enormity of the crimes is not comprehensible, I don't know...Maybe they are wishing that the Sudanese Regime would just go away...Well it's not... And indeed Talisman's plight may indeed be the catalyst to an international resolution of the problem... The roadblock to that resolution is the fact that the best oil & gas concessions lie further south into ethnic African territory. The NIF Regime wants to kill or drive out the Africans from these area so that the Arabic North controls or colonizes all of the key resources... It's basically the Nigerian problem all over again- Except this time in East Africa..... Finally geopolitically in East Africa generally, the key, key resource in the area (and Egypt's concern)is the Nile River itself. Egypt is concerned that if the south breaks away in the Sudan that not one (Uganda) but two non-Arabic and non-Muslim countries will control the headwaters of the Nile (and threaten an old British colonial water settlement which favored Egypt). One or two dams on the Upper Nile and economic development in Egypt stops in its tracks (A situation similar to Turkey's stranglehold on water resources in the Upper Levant in the Middle East). Also Egypt has a large Christian minority in southern Egypt that has been roundly abused for years. They worry about insurrection there too.... So a very complex situation in which Talisman finds itself....

To: Tomas who wrote (1053)	9/7/2000 1:02:07 PM
From: Tommaso	Respond to of 1713

biz.yahoo.com

To: Tomas who wrote (1053)	9/7/2000 8:00:40 PM
From: Tomas	Read Replies (1) \| Respond to of 1713

Talisman Energy Says New Well Boosts North Sea Oil Production - Bloomberg Energy By Gene Laverty Calgary, Alberta, Sept. 7 (Bloomberg) -- Talisman Energy Inc., Canada's biggest independent oil company, said a new well near its Clyde field in the U.K. North Sea is producing 10,000 barrels of oil a day. The North Leven well, located about 3 miles from Clyde, holds an estimated 4 million barrels of oil, Talisman said in a news release distributed by Business Wire. More drilling could increase reserves by another 4 million barrels, the company said. The well will boost Talisman's North Sea production by 6.9 percent to about 127,450 barrels a day. Talisman owns about 82 percent of the well. Esso Exploration and Production UK Ltd. owns the rest. Talisman's North Sea production has doubled since it bought stakes in six oil fields in February from Texaco Inc. for about C$583 million ($395 million). Oil from the North Leven well is being pumped to the company's processing facilities in the Clyde field. Talisman, based in Calgary, Alberta, also produces oil and natural gas in western Canada, Indonesia and Sudan. Its shares rose 5 Canadian cents to C$51.20 in Toronto.