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 : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: articwarrior who wrote (30576)	10/10/1998 10:47:00 AM
From: Paul Angell	Read Replies (3) \| Respond to of 95453

Arctic, You might want to check up on this rumor. ARCO are building a RNTK plant down in Lower 48 as a pilot. If successful there's a lot of profit for the company that can get a plant on the North Slope. 7.5billion scf/day is reinjected into Prudhoe Bay gas cap. (yes 7.5 billion) there's a shit load of gas that can be converted to a shit load of oil. A couple of the guys in our drilling group, including myself, put some money into RNTK. Watch out though, it seems to trade between 1 and 3. Buy at 1 and sell at 3 and not the other way around <g> Also, keep a look out for SYNM (Syntroleum) they have similar gas/liquids process. They went up 16% yesterday. I own some of these also. There's also another gas/liquids plant being built on North Slope (not sure exactly where or when) for gas/liquids conversion. It is a BP (SOHIO) invented process licensed to Kvaerner. I will ask around if anyone's interested. Check out PRTK. The stock has been hammered in this sell off, and they are about to announce next Q results being bigger than last 3 yrs total earnings. Small company into pipeline inspection. Have a big contract with BP on North Slope. BP just gave them an excellence award according to the news. All my stocks went up yesterday, hope yours did too. Paul.

To: articwarrior who wrote (30576)	10/10/1998 4:59:00 PM
From: S.C. Barnard	Respond to of 95453

209.67.31.6 addressed to me, "GTL" FWIW-- Although RNTK has said all along that they are only in the market for small scale plants (less than 5000 BPD), I decided to get an outside view. There was an article 1-2 months ago put out in Exxon's newsletter, "The Lamp", which talked about GTL. I called the head of Exxon's GTL division (from the article) and he stated that RNTK's technology can be as efficient as cobalt-based systems for small-scal plants. One main reason is because of RNTK's patented process of recycling the CO (I think this is right) to the front end to improve the efficiency. He also said that there is Plenty of natural gas reserves for everyone and that some may only yield 1000-2000 BPD, which is exactly what RNTK is looking for! RNTK can be a huge palyer in the small-scale market WITHOUT having to worry about patent infringement issues which is what Exxon (The leader in Cobalt patents) is going to try to nail other companies (can we guess) for. Someone calculated that if we can just get 1% of the natural gas market, the stock would be valued at over 60 dollars based on royalty figures.