Solana Petroleum Corp | Stock Discussion Forums

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
Solana Petroleum Corp

An SI Board Since February 1999

Posts	SubjectMarks	Bans	Symbol
1747	14	0	SOP.H

Emcee: bcjt	Type: Unmoderated

Introduction Market Data Compact

Solana Petroleum Corp -

Solano to launch Colombian oil operation

Solana Petroleum Corp
SOP
Shares issued 14,746,964
1998-12-29 close $0.36
Tuesday Dec 29 1998
Mr. James Taylor reports
A team of internationally experienced oil executives has launched an exploration
and development project in one of the most promising oil regions in the western
world.
James B. Taylor, former executive vice-president of Occidental Oil and Gas
Corporation, is leading the team of international oil veterans planning work in two
high-potential regions in northeastern Colombia, near some of the country's most
prolific oil fields.
Mr. Taylor is chairman of Solana Petroleum which has substantial interests in two
association contracts in the Llanos basin, being finalized with Colombia's state oil
company, Ecopetrol. The basin is estimated to contain up to 25 billion barrels of
crude oil in place. Both areas are adjacent to producing fields and pipelines.
On Jan. 14, Mr. Taylor will present the company's plans in New York to a
by-invitation-only conference of oil and gas investors, the Westergaard Strain Oil
and Gas Investor Conference at the Waldorf Astoria.
Solana has concluded agreements to acquire a 38.125 per cent working interest in
the Tapir area of the Llanos basin and a 50 per cent working interest in the Cano
Caranal area, and is awaiting formal approvals of the assignments with Ecopetrol.
Mohave Colombia Corporation, a subsidiary of privately-owned Mohave Oil and
Gas Corporation, is the operator of both projects. Doreal Energy Corporation
and Seven Seas Petroleum Inc. are partners in the Tapir project.
Test results are expected in early 1999 from a well drilled in 1998 in the Tapir
area. Two more exploration wells are scheduled in 1999, with drilling on the first
to begin after the rainy season ends.
Solana secured interests in the Tapir and Cano Caranal association contracts in
the first half of 1998, as the business and political climate increasingly favoured
exploration in Colombia. There are now more than 65 companies operating in the
country under an estimated 100 association contracts with Ecopetrol in various
stages of exploration and development.
Any production established in either block will have ready access to markets. The
Llanos basin is served by pipelines with excess capacity available that pass
through both of Solana's blocks and end at the Caribbean oil terminal in the port
city of Covenas.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

Anybody have any thoughts or info on this company?They seem to be drilling for oil in a proven area of the world!

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
1747	Boy, just when you think nothing's ever going to happen, again.... it does	SnakeInATuxedo	-	10/17/2002
1746	My very best wishes to those of you who have not used Solana as a tax loss. Tha	Bearcatbob	-	8/20/2002
1745	Well, Bob, I don't know what your definition of "sooner" or "	SnakeInATuxedo	-	8/20/2002
1744	"Are you expecting something sooner? Or later?" OEL - V 90.5 0.42	Bearcatbob	-	4/19/2002
1743	<b>It may be time to put profit ahead of principal and cheer for the Tom D	geoffb_si	-	4/19/2002
1742	Re Osprey - I am looking for demonstrative movement in the next two months for g	Bearcatbob	-	4/19/2002
1741	Bob: Osprey: an interesting pick...been watching it for over a year. It's	geoffb_si	-	4/18/2002
1740	Geoff - I will take Osprey. OEL. As for Colombia? I do not think it matters w	Bearcatbob	-	4/18/2002
1739	<b>I would find "safer" locations for my money!</b> Not m	geoffb_si	-	4/18/2002
1738	"safer" I would find "safer" locations for my money! A lo	Bearcatbob	-	4/18/2002
1737	Thanks, Bob: Ageria...yuck! Columbia...risky, but at least the U.S. gov't	geoffb_si	-	4/18/2002
1736	Good luck! It could be worse - they could have chosen Algeria or somewhere like	Bearcatbob	-	4/18/2002
1735	Outstanding! Looks like a solid business plan has been arranged. Wonder if the	geoffb_si	-	4/17/2002
1734	I'll bet it doesn't take them two years to drill the well. KC	KC Jones	-	4/5/2002
1733	Gastar Exploration Ltd - News Release Gastar to participate in Trenton-Black Ri	Bearcatbob	-	4/5/2002
1732	Annual and Special Meeting on March 14, 2002 2/4/02 SOLANA PETROLEUM CORP	KC Jones	-	2/4/2002
1731	True enough, but let's see if that 40K comes back at .03 today. We could cer	KC Jones	-	1/31/2002
1730	KC, Volume not there to indicate sign of action. I read 13,000 shares - $260.0	Bearcatbob	-	1/31/2002
1729	A bit of action today....something going on? KC	KC Jones	-	1/30/2002
1728	I wonder if something is in the works? An increase in the bid amount, National B	KC Jones	-	1/23/2002
1727	AGM was delayed. It has to take place before March 15, 2002. It will. Carter	Carter B	-	1/17/2002
1726	We could use some good news or at least an update from the company so that peopl	KC Jones	-	1/17/2002
1725	Bids are now 746k for SOP, at 2 cents. This is going nowhere. Carter B.	Carter B	-	1/17/2002
1724	The bid is now over 500K. KC	KC Jones	-	1/11/2002
1723	Must be a few whispers out there, the pre-market bid is up to 400K. KC	KC Jones	-	1/11/2002

Go to reply# or date (mm/dd/yy):