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Gold/Mining/Energy : Trans-Dominion -- Ignore unavailable to you. Want to Upgrade?


To: Le profiteur who wrote (15)5/21/1998 12:10:00 PM
From: manuel mendes  Read Replies (1) | Respond to of 53
 
I attended a conference put on by a local broker in which TDE was one of about 10 companies making a presentation. I was very impressed by their potential. The "rumour" that circulated at the conference was that they are currently negotiating with a large independent US company to handle the drilling operations in Trinidad (no company name was mentioned).

I purchased TDE shares at about this time last year. I sold TDE when I felt uneasy over the political situation in Turkey due to Iraq. These situations seemed to have subsided for the time being. I got back into TDE earlier this month after seeing their presentation. They are focusing on Trinidad where the political climate is certainly more stable.

mmendes



To: Le profiteur who wrote (15)10/26/1998 6:16:00 PM
From: manuel mendes  Read Replies (1) | Respond to of 53
 
FOR IMMEDIATE RELEASE
Toronto Stock Exchange
Trading Symbol: TDE

ZEYNEL-11 WELL, ZEYNEL FIELD, S. E. TURKEY
TESTS @ 3,000 BOPD

CALGARY, ALBERTA, CANADA, October 26, 1998 - Trans-Dominion Energy
Corporation has been informed by the Operator of the Zeynel Field, Aladdin Middle East Ltd. that the most recent well drilled in the Field, Zeynel-11, has tested at an initial rate of 3,000 bopd of 24o API oil.

This initial production rate is the highest that has been recorded, to date, in the Zeynel Field and is probably due to extensive fracturing of the reservoir near the well-bore. The sustained flow rate from the well is likely to be lower than this initial rate.

Trans-Dominion Energy Corporation has a 12.5% gross overriding royalty on the Zeynel Production Lease.

Looks like things may begin to turn around. I heard that one of the reasons that the prices has been so low for so long it that there is an individual trying to dump over 1,000,000 shares.

mmendes