http://www.investegate.co.uk/Article.aspx?id=200803270730078790Q
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Nizhnechutinskoye NGPT
Khudayeiskoye KNG
Geotermeftegas GEOTERM
Of the 3 above NGPT is the most advanced with 244mbo P2 of which 53mbo PI.
Main resovoir has 34api light oil at 28mtrs-150mtrs.
KNG has 147mbo of reserves
GEOTERM has 2 Blocks in the Caspian Basin which has a potential resource
of 500mbo
Latest broker report.
http://www.bestsharing.com/files/Ejhy0369346/TMAN_1_.pdf.html
Well worth checking out, but be mindful its a bit iffy out their at the moment?
M/Cap at present �106m some �5m below float. 66p
.
cyril

Harry; some were saying crude would hit $200,always the same,its about whether you believe we will come out of this recession imo and "when"? Whats for sure is if
we do (and i think we will)that crude will be a whole lot higher than todays price, along with many other commodities. So for those with the nerve, nows a great opportunity to get in at these silly prices.
I stated they have reserves similar to IEC,they need to drill and start producing so no, not worth 2.4billion at present , but a chance of a many multi bagger in the making? Also they have only drawn on $8m at present which will start the ball rolling, other demands will come once the need to build the pipelines etc.
aimho
cyril

Crude up over $3 today, markets riding high on Obama's spending pledge.
cyril

nice move today well done cyril.

Up 53% on the day, clearly profit taking at the end of day. Tells us that we're
still in a trader market, so some volitility expected but should slowly creap up
during 2009?
Bit miffed as TMAN along side URALS are 2 of my picks marked out for 2009
cyril

Dec 9 (Reuters) - London-listed Russian explorer Timan Oil & Gas Plc said on
Tuesday it named Zhakyp Marabayev, nominated by the company's lender, as its
non-executive chairman after David Herbert stepped down from the board.
Shares of Timan were up 10 percent at 11 pence on the London Stock
Exchange at 0853 GMT. The Russian explorer said it appointed Konstantin Ryzhkov
and Boris Litvak as new non-executive directors with immediate effect.
All three were nominated by Kamanisk Holdings, which agreed in October to
lend Timan up to $100 million.
Timur Kuanyshev, through his investment vehicle Kamanisk, had agreed to
lend the funds in two equal tranches to pay off Timan's debt and develop
licenses in the Russian Arctic.
Timan had received $8 million of funding under the facility as of Monday.
Kamanisk, which operates in the oil and gas sector in Russia, Kazakhstan
and worldwide, has five years to convert the loan into a majority stake
representing 51 percent.
(Reporting by Tresa Sherin Morera in Bangalore; Editing by Mike Miller)
Keywords: TIMAN/CHAIRMAN
cyril

It is highly recommended that Tman oil and gas will have enough cash to generate high profits with the massive projects available. A realistic share price will be over 30p soon as the suspension is lifted and everything is in the clear ready for take off only 15% sahares available buy while you can.

More than a little miffed this am, intended to increase my holding only i got
sidelined. Up 37% so far, such is life.
cyril

just bought a few--I hope I'm not the kiss of death! most of mine are disasters lately. also bought a few aey today.

Flying today,no idea why?
Still a nice change.
cyril

MM's still short of stock and the sp moving again...

higher lows and bounced nicely off rising support at 9p.....

clearance of 12p first then move up towards 20-30p range.

Any news of the KNG production licence and this will fly....with less than 15% of the sahres available, buying on the news will be a scrabble for stock and online limits reduced to 500 or so...or phone orders only!!

Almost gave up on this one,with over 5m traded today and a early trade of 650,000 made to look like a sale(9.26am), seems that mm's are keen to play it down? Definately something happening and when it goes it could fly as this is a very cheap stock.
aimho
cyril

Might be time to re-visit TMAN as they appear to have adequate funding in place.

Volume building, perhaps some news coming soon.

large volume all buyers

Steady buying today ahead of some news perhaps.

Up 20% so far today.

this looks a no brainer for next week, chart looking oh so sexy. Not sure how this has escaped my radar but i've locked on for Tuesday ;-)

kate - you may be right, but from a chart point of view, sp needs to break 200 dma with some impetus ..... the good news is that crude in NY finished up quite sharply and Dow itself certainly performed far more strongly than i expected ...... however, i still have this nagging feeling that the lemmings are indiscriminately chasing micro-minnows ever higher, and common sense (which does not always work!) says that the stick must soon detach from the rocket ..... trade nimbly here and in other such stocks would be my mantra

totally agree but let trend be your friend etc. This not got away yet half as much as others, also seems to be an interesting position they're in. More research over the weekend to ascertain how many i will be buying on Monday, just noticed the last trade on Friday was 50000 B at 17p so will probably open strongish.

that's only 8.5k so nothing to get excited about