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Gold/Mining/Energy
Odessa Petroleum - OPC
An SI Board Since November 1997
Posts SubjectMarks Bans Symbol
75 1 0 OPC
Emcee:  keith schaefer Type:  Unmoderated
Introduction Market Data Compact
This oil exploration company is active in Ukraine. I like it because of the strong broker team they have in place, and their IR guy Todd McMurray has some success in the markets with Canarc and Barramundi.

As of Nov. 1, they have 11.5 million shares out, and $1.4 million cash. All options and warrants are at $1.50, so the retail crowd can buy the stock lower than what the last financing was done at (an all too common thing these days). There is 19 million shares fully diluted, which would raise another $7 million if all the warrants and options were exercised.

Independent consultant says one of their Ukranian properties has proven and probable recoverable reserves of 23.4 million barrels and possible reserves of 44.1 million barrels.

The growth will come from applying Western technology to old Russian wells and fields, increasing production etc.

More news & updates later once I know more about the company. They don't have a website, but can be contacted at odessa@direct.ca or call them at 604-669-1388.

I have no connection with the company.
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75 thanks - aquaris - sounds like they are 'fishing' for a deal somewhere.rdww-6/1/1999
74 Most important detail is AQR.v, Aquarius Ventures if anyone is looking for themPete Mimmack-6/1/1999
73 did a re org in the past couple of weeks - can't remember the details thougrdww-5/25/1999
72 Anyone know where these guys went? I don't find them at the VSE or CarlsonPete Mimmack-5/25/1999
71 suspect that they are getting ready to put in some cash and add a 'new'rdww-3/29/1999
70 I see they announced a 10 ::1 reverse split. Odessa appears to be southbound agVince Moretto-3/27/1999
69 it sounded like a combo of potential + potential w/ limited cash for any more wrdww-11/27/1998
68 thanks for the info, I've got about 4 interpretations of 're-evaluatinVince Moretto-11/26/1998
67 almost no cash - almost no one working there and they are re evaluating the prrdww-11/26/1998
66 Can anyone tell me why this company is so far down in the tank? Seems like theyVince Moretto-11/25/1998
65 Involvement with Stephen Brown denied Odrdww-11/19/1998
64 Investments linked to controversial accountant Odrdww-11/18/1998
63 Board changes Odessa Petroleum Corp rdww-4/1/1998
62 Thanks for the update. I bought into OPC in December based partly on his rec aPete Mimmack-4/1/1998
61 Doug Casey OPC Update Doug Casey still seems optimistic about Odessa's futShaun-4/1/1998
60 so are they drilling tomorrow or just telling us that in the unspecified futurerdww-3/20/1998
59 To All OPC Followers: I just pulled Mike Schaefer's Feb. 15th newsletter oMUDMAN-2/14/1998
58 Out of repect to Mr. Schafer, I can't. Looks like someone else did post laMUDMAN-1/16/1998
57 when will this play start to onfold?Bernard Poulin-1/16/1998
56 Michael Schaefer's report that I just posted contains the following typing Todd McMurray-1/16/1998
55 The following report is from Michael Schaefer's "Outstanding InvestmenTodd McMurray-1/16/1998
54 got a postable copy? thanksrdww-1/15/1998
53 To All: Mike Schaefer of Golbal Gold Stock Report continues to advise accumulatMUDMAN-1/15/1998
52 Dec. 22 - OPC.VSE - Investor Relations Agreement ODESSA PETROLEUM CORPORATION Kent C.-12/23/1997
51 With the free trading shares out, you have to like the support this stock has..Wee M. Wong-12/18/1997
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