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Strategies & Market Trends : Mafia Stock Mobsta's Social Club (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?

To: whenitgoesup who wrote (566)	8/22/2005 8:49:31 AM
From: rrufff	Read Replies (1) \| Respond to of 6687

GSHF - .055. It's a complicated PR but the way I read it is that the greater the NAV as we go forward, his interest gets reduced fully diluted from the current 80%. Combine that with what he is doing with the entire family of investment subsidiaries, reducing float, gradually eliminating convertibles and other overhang, we should gradually see a share price that more truly reflects the current NAV of .21 or higher as NAV goes up. As I posted before, this is more a "thinker's" longer term investment and not our more fun pumperama's that we play with, but in the long run, a major multi-bagger from here IMO.

To: whenitgoesup who wrote (566)	8/22/2005 8:49:46 AM
From: cmgibubba	Respond to of 6687

Strat Petroleum Announces Multi-Million Dollar Contract to Service the Larges Oil Site in the Russian Federation ( PRIMEZONE ) TORONTO, Aug 22, 2005 (PRIMEZONE via COMTEX) -- Strat Petroleum, Ltd. (Pink Sheets:SPRL), an emerging exploration and development company focusing on oil and gas properties in the Russian Federation, today announced a multi-million dollar contract to service the largest oil site in the Russian Federation. The site is owned by Yuganstneftgaz, which was recently acquired by Rosneft as part of the dissolution of Yukos. Yuganstneftgaz manages 26 fields and has 11.63 billion barrels in proven oil reserves. The new joint venture between Strat and Panorama-TEK has negotiated one year contract for servicing of a number wells, with performance based option for an additional two years. Financial terms and other statistical data will be disclosed in the near future. "Strat believes this is the first step to securing additional service contracts with other major oil companies in this and other regions," stated Sam Hyams, CEO of Strat Petroleum. "Based on securing the initial contract, and a number of other discussions and negotiations underway, this joint venture plans on becoming a significant provider of drilling and servicing in the oil and gas industry of the Russian Federation. Discussions are currently underway for contracts in the Orenburg Region to service fields for another major producer." At Yuganstneftgaz, the average daily production from the fields exceeds 1 million barrels, which is about 1.6% of the world total. The fields have approximately 400 producing wells and significant opportunity for additional development of reserves. Recently, Rosneft purchased Yuganstneftgaz. Rosneft is a 100% state owned company and is now the third largest oil producer in the Russian Federation after the acquisition of Yukos' assets, the prize of which is the Yuganstneftgaz and its oil sites. The Company has an established growth plan which resulted in investment of close to US$1.5 billion in exploration and development, and production of over 150 million barrels of oil and gas condensate in 2004, which is expected to increase to 875 million barrels by 2015. About Strat Petroleum: Strat Petroleum is an emerging exploration and development company focusing on oil and gas properties in the Russian Federation. Strat completed an agreement to acquire an 80% interest in a Northern Orenburg oil and gas property in Russia, which has proven reserves of 11.25 million barrels of crude oil and probable reserves in excess of 25 million barrels. Strat has also acquired 30% of a new oil and gas drilling and servicing joint venture established with Panorama-TEK. For more information, visit www.stratpetroleum.com. The company's new phone numbers are: 905-761-9169 (main), 416-628-8018 (fax) and 646-216-9751 (U.S.).