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Gold/Mining/Energy : Petrokazakhstan Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Kelly who wrote (2309)	9/21/2003 5:08:33 PM
From: forecaster	Read Replies (1) \| Respond to of 2357

Thanx Tom & Kuxe0. Tom: Yes, if all capacity used by PKN, the net savings would be about US$0.20/share (basic?), each quarter. Kuxe0: The CPC MOU does not say anything about a reciprocal deal (CPC vs. KAM pipeline). I would like to see all 100,000 used by PKN, how much lower do you expect it to be? Forecaster

To: Thomas Kelly who wrote (2309)	9/23/2003 12:12:16 PM
From: forecaster	Read Replies (1) \| Respond to of 2357

Tom, how do you interpret the presentation slide #37? Are these individual items mutually exclusive, i.e. can they be summed without doublecounting? Reserves: Proved + Probable : 518 M Possible: 227 M Enhanced Oil Recovery: 54-170 M ------------------------------------------------------------ TOTAL FOUND: 799-915 M Additional Exploration Mean Potential: 650 M ------------------------------------------------------------ TOTAL FOUND + POTENTIAL: 1,449 - 1,565 Million Barrels of Oil Also, slide #41 says: "East Karavanchi, currently drilling..." I guess this is the first of the 3 deep wells to be drilled by February 2004. When was it spudded? How much oil are they expecting to find? Forecaster