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Sibir, anyone still holding (SBE)     

anotherxiii - 07 Jan 2005 09:27

well Sibir are going steadilly downwards since their consolidation
all very negative over on the 'iii' BB
any here holding or having an opinion?

such a shame
such great potential
blown!

AX

lansdownboy - 07 Jan 2005 09:44 - 2 of 4

Hi,

I am holding and intend to.
2005 will be a very good year for the Salym Project.

Oil production 1 year early, Drilling results far better than expected .
Reserves qouted do not include the Russian Goverment Figures which take it up to 1.2 Billion Barrels.

I work for the other partners in the Salym Project, And they are regarding Salym as their biggets success over the last year!


I have some more technical info on the fields which I cannot publish here, which is a shame as it is all very positive.

tipton11 - 07 Jan 2005 10:31 - 3 of 4

I agree with all that but have you considered past present & future effects of the russo state and private enterprise culture...even shell may have problems here...I took my losses but very much hope I am wrong...the oil is certainly there in large quantities

nmmwalsh - 07 Jan 2005 19:24 - 4 of 4

Dumped at 230 but am now looking to buy some more. I think it has gone down about enough.
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