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You will see references to ENGO in Russia...
(Ecological Non-Governmental Organization) in numerous articles about oil-sludge and the environment. It is not a corporate or business name but simply an industry standard acronym.
While overseas, Company management presented their solution for the treatment of oil sludge to Rosneft's operation in the Stavrapol Region and to a number of local oil and chemical companies at the Academy of Science in Bashkorstan. (see below).
From PR Dec 14, 2006
Russian Academy of Sciences
Ufa - Bashkortostan branch
http://www.anrb.ru/english.html
Tatneft & Rosneft are BIG names
Strat has broadened its base for the acquisition of oil sludge reservoirs by establishing a joint venture in the Republic of Tatarstan. Tatarstan is the third largest producer of oil, and Tatneft, the regions largest oil producer, has a stable annual production of approximately 170 million barrels of oil. Its largest refinery processes 25 million barrels per year, and consistent with the age of similar refineries in the Russian Federation, efficiencies range at 75%-80% recovery at best. This still leaves about 20%-25% unprocessed product that will again be disposed in oil sludge reservoirs as the refineries focus on refining crude oil which is their main line of business rather than on further refining sludge reservoirs.
From PR June 1, 2006
HUGE potential:
Bashkorstan annually produces around 130 million barrels of oil and possesses about 10 percent of Russia's refinery capacity. Russia started refining crude oil in Bashkorstan in the Ufa region initially. The Region has three major oil refineries and several chemical plants that generate oil sludge of approximately 10% of the annual amount of oil processed.
While major investment is being made by Russian refineries in equipment to improve the efficiency of their refineries, the sludge reservoirs remain undisturbed and are constantly being added to. Even with capital investment being made to upgrade the equipment in the antiquated refineries, efficiency may improve to 75%-80% recovery at best. This still leaves about 20%-25% unprocessed product that will again be disposed in oil sludge reservoirs as the refineries focus on refining crude oil which is their main line of business rather than on further refining sludge reservoirs.
Current more advanced technology allows the 10% of unrefined crude oil sludge to be further refined to 98%-99% efficiency resulting in optimum recovery of oil or refined oil products. With rising oil prices it has become lucrative to recover previously unrefined crude oil that has been accumulated in sludge reservoirs. Furthermore, with environmental remediation concerns, further refining of oil sludge reservoirs becomes evidence of good corporate citizenship with the recovery of oil products found in the oil sludge reservoirs being a good financial byproduct.
From PR on April 24, 2006
Focus on the refineries...
Todays PR states that company management presented (also) "to a number of local oil and chemical companies at the Academy of Science in Bashkortostan". It would be very significant if representatives from these large refineries were at that presentation.
The Novo-Ufa Petroleum Refinery, Inc. (NOVOIL) - Bashkortostan
Ufa Oil Refinery (Ufimsky NPZ) - Bashkortostan
Ufaneftekhim Refinery - Bashkortostan
Not only will Strat Petroleum Ltd. profit from processing oil sludge from resevoirs in Russia, it will also profit further if given the opportunity to plug-in its oil sludge processing technology right at the oil refineries themselves--i.e., at the "back door". This could potentially put an end to the dumping of oil sludge into resevoirs. With permanent oil sludge processing technology implemented at the refineries themselves, the processed output could be fed directly back into the storage and distribution networks of the refineries without any transportation costs.
Walker, you are right!
The sludge pictures do not coincide with any info on the web site, only the info from the past few PRs. I would expect to see the info on the web site get updated to explain more about the company's new strategy in the oil sludge refining side of things. The current business plan is out of date.
Rosneft - Strat meeting:
http://stratpetroleum.com/IMG_0196.JPG
Sam and Chaim at the sludge pit:
http://stratpetroleum.com/IMG_0194.JPG
STRAT WEB SITE UPDATED!!!
CHECK OUT NEW PHOTO GALLERY!!!
New translation:
I had the first article posted on this IHUB board re-translated by a live Russian Translator to see if there would be much difference between the translations. The major difference was clarification that Strat Petroleum Ltd. has 2 million metric tons of oil sludge. The June 1 PR states that Strat Petroleum Ltd. has 1 million metric tons which could "...generate over $165 million over the next three to five years". I would imagine that with 2 million metric tons, it is conceivable that this amount might be doubled to $330 million.
Bable Fish:
In Bashkirya "striae petroleum LTD" realizes ecological project to 2 mln. tons of slimes
Live Russian Translator:
In the Republic of Bashkorstan, Strat Petroleum Ltd has a project for 2 million metric tons of oil sludge.
Bable Fish:
Governor aimed Canadian partners at conducting of the wide presentation of their project in the east of edge, in JOINT STOCK COMPANY "petroleum company" To rosneft' "- Stavropol'neftegaz", also, before the specialists of the territorial ministry of natural resources and protection of environment.
Live Russian Translator:
The Governor approached the Canadian partners to hold a presentation in the east-end of the region, in front of the Rosneft’ company, as well as the specialist from the region’s Natural Resources and Environment Ministry.
Bable Fish:
During their visit on Stavropol'e the President of the company Of sem Of khayms and his deputies left into The neftekumskiy region, in order on the spot to study situation with the side effects of oil output and to present its proposals to the organs of local authority and to the working in the east of edge oil-industry workers.
Live Russian Translator:
During this visit, Mr Sam Hyams, President, and his team, visited the Neftekumski’s area of the region, in order to study the situation this area has with oil production by-products; the recommendations and suggestions were presented to the authorities and oil specialists working in the region.
eik, you are correct.
The quote I used was from that article.
(Strat Petroleum Ltd. could)
"participate in the building of oil refineries".
NOTE: The above quote is taken from a recent Russian news article.
http://www.regnum.ru/news/742513.html
The parenthesis are mine.
(Strat Petroleum Ltd. could)
"participate in the building of oil refineries".
There are millions of metric tons of oil sludge in resevoirs\storage pits across Russia (unconfirmed estimates suggest that between 50 and 80 million metric tons of sludge have been dumped over the past 30 years). Strat Petroleum Ltd. has begun to generate revenue through obtaining and processing a portion of this oil sludge in Russia. Many Russian refineries are old and continue to focus on refining oil pumped out of the ground and are not equiped to process the oil sludge output by the refining process. This presents a wonderful opportunity for Strat Petroleum Ltd.
Unconfirmed estimates also suggest that approximately 4 million metric tons of new oil sludge are being added to existing resevoirs\storage pits across Russia every year. Based on the above quote from the article, a conclusion might be made that Strat Petroleum Ltd. could be chosen to set up oil sludge processing equipment at the source of the output--i.e., right at the "back door" of existing refineries and new refineries that are being built. This would put an end to the dumping of oil sludge into resevoirs\storage pits. Hence, Strat Petroleum Ltd. finds a niche opportunity to "participate in the building of oil refineries".
Not only would Strat Petroleum Ltd. profit greatly from processing the oil sludge from existing resevoirs\storage pits across Russia, it would also profit greatly by setting up oil sludge processing equipment as part of new and existing oil refinery infrastructures. With new chemical based technologies, the final by-product of processing oil sludge is a near hydro-carbon free soil like compound that can be used in the production of fertilizers (a further profit generating opportunity). In such a scenario, Strat Petroleum Ltd. would not only help clean up the existing environmental hazard across Russia, it would set in place permanent oil sludge processing equipment that could feed back up to 90% of the oil sludge directly into the storage and distribution networks of Russian oil refineries.
NOTE: The above quote is taken from a recent Russian news article. The parenthesis are mine.
Proof is in the pudding...
From Wednesday October 25 PR:
Strat believes it has arrived at a very good and economical solution that includes mechanical and ground breaking chemical formulae to generate maximum profit and highest shareholder value.
From Tuesday November 14 PR:
In its efforts to rapidly improve production, Strat continues to work closely with a U.S. chemical company whose proprietary technology is projected to significantly increase daily processing capacity.
Message recieved Brent...
gopackersgo, since IHDR is a personal friend of this board's moderator, perhaps he can send the complete verifiable e-mail to the moderator who in turn could confirm it's validity. Just a suggestion for what it is worth.
Robert Yeggy is not the president are you sure you spoke with the president?
J. Michael Woods, President
770-985-4217 (LILBURN / GA) mwoods@premierwaychemical.com.
Walker,
Thank you for pointing out this strength! I have been in SPRL from day 1 when it was SPRU. We have endured detractors and naysayers for over 2 and a half years and we continue to endure.
Yes, I see...
No conspiracy here IHDR, you are the one that stated that those were the trades you made for Joe today. But you sold yours yesterday according to the board that you moderate. Why didn't you sell Joe's yesterday as well?
Oh how a tangled web we weave...
If you check the date and time stamps of IHDR and his supporters posts you will find the evidence you are looking for. Here is an example:
1)
On post #493 on the chickenman board today at 2:27:49 pm IHDR makes the following statement: "A couple of days ago, a poster on the SPRL board provided a link to a company (PremierWay Chemical)". LOL, the fact is that agoodguy made this post #7281 on the SPRL board, less than 24 hours earlier at 9:21:04 PM. Very interesting to note that on post #7243 on the SPRL board IHDR posts a sample header from an e-mail dated yesterday at 9:31 pm exactly ten minutes after agoodguy made this post. He then has the nerve to say that it was "A couple of days ago".
2)
Now, notice carefully the date and time of the following post. Would this not suggest that IHDR sold his position yesterday and not today as he has stated?
Moderator: IHDR
Assistants: None
Created: 6/28/2006 8:55:07 PM
CHICKEN MAN will share his strategy for making you money. Making money (and lots of it) in pennyland is not that difficult. That said, it requires much discipline. Greed and emotion must be left out of the picture if you plan to prosper like the pros.
Recent Buys:
11-20-06 MLXO .046
11-17-06 CKYS .037
11-17-06 CKYS .0355
11-14-06 CKYS .04
11-13-06 CTXI .005
10-30-06 CKYS .029
10-26-06 CKYS .0175
10-20-06 CKYS .0155
** All stocks above are currently held positions. Once a stock has been sold, the trade above will no longer appear. **
3)
Here is an IHDR supporter buying after IHDR has already sold (as shown in item 2 above).
Posted by: joenatural
In reply to: MrSparks who wrote msg# 7169 Date:11/29/2006 11:42:35 AM
Post #of 7288
going in for another 80,000 shares
4)
Here is the same IHDR supporter just a few hours after boasting about going in for another 80,000 shares.
Posted by: joenatural
In reply to: Richagain who wrote msg# 7227 Date:11/29/2006 4:40:53 PM
Post #of 7288
I sold my shares because in my opinion, no one, can bullshit the chickenman, this is what he does for a living, he talks to crooks all the time, he collects business debt to business debt....ihdr thinks sam is a crook, then i am outta here...not walking but running...., , i lost a lot today, $28,000 i had over 2,000,000 shares, this is truly a very good board, and i respect it immensly....so
...Although I lost alot of money today, I will sleep well tonight.
Thank you for your hospitality IHDR.
Strat executives were visiting the ST. PETERSBURG STATE MINING INSTITUTE last week for a very good reason. Check out the references to Joint Ventures.
ST. PETERSBURG STATE MINING INSTITUTE
INTERNATIONAL OFFICE:
Providing a Focus for International Partnerships and Joint Ventures
Participation in global activities is a necessary condition for a national university like St.Petersburg Mining Institute (the Institute) and since its creation in 1773 the Institute has provided initiatives leading to a wide range of international partnerships and joint ventures. This office is the principal point of contact between the Institute and the international community. The objectives of the office are as follows:
· To promote the teaching and research activities of the Institute through the involvement of faculty, staff, students and alumni in international activities;
· To advance public awareness and understanding of global issues and strengthen the Institute’s international opportunities and involvement, especially taking into consideration one of the main areas of our research the energy sector that has become one of the most important issues in the world today.
To meet its objectives, the Institute’s International Office imperatives are as follows:
· To provide support, advice and assistance to the academic and administrative units of the Institute to facilitate internationalization in their respective spheres;
· To serve as a resource center for information and for professional expertise pertaining to international opportunities, programs, projects and related activities;
· To stimulate involvement in and encourage the development of projects and other activities relevant to internationalization at the Institute, in concert with institutional academic strategic priorities and in co-operation with other institutions and organizations as appropriate;
· To serve as the focal point for the Institute’s relationships with international agencies, organizations and business enterprises at the local, regional, national and international level. This will include the review, co-ordination and administrative approval of proposals and budgets for international activities, including international research proposals/projects to be undertaken in the name of the Institute that are being submitted for external funding. In co-operation with academic and administrative units, the Institute’s International Office will also assist in the negotiation of international projects with domestic and/or international agencies;
· To ensure the effective negotiation and management of the Institute’s academic linkage agreements with international institutions and foreign governments, including linkage agreements for joint research projects, and faculty and student exchanges.
Internationalization is an integral part of the Institute’s mission, and an important part of the Institute’s academic fabric and fundamental character. Important changes in the world’s structure that followed the process of globalization have a great impact, especially in the natural recourses and energy sector. The Institute, being one of the most important academic institutions providing training in these areas has a commitment to the universal ideas of cooperation and collaboration and aims to become a meeting place for everyone sharing our ideas and goals.
Sam & Co. have been working on building and developing Strat's contact base in Russia for over a decade. Here is the Strat Petroleum Ltd. Board of Advisors:
Mr. Valeryi D. Krukov
Corporate Legal Advisor
Mr. Krukov graduated from the Law School at University of Krasnodar, Russian Federation in 1999 and has risen through the professional legal system at an extremely quick rate. He worked with the District Attorney's office on cases presenting most difficulty with many complications. He then moved to become Head of the Law Department for the Ministry of Fisheries, until he was appointed as Deputy Chief Judge of the Moscow Supreme Court, where he served for the past two years. Currently, Mr. Krukov is an independent practicing attorney and is the lead advisor to Dresdner Bank for Russia. In Mr. Krukov's role, he will ensure the Company fulfills all the legal requirements of doing business in Russia; review and participate in negotiations of acquisitions and joint ventures the Company may enter into. Further, Mr. Krukov's knowledge and experience of the financial industry in Russia will enable him to assist in securing and closing project financing with the various financial institutions the Company will be approaching, both in Russia and Europe.
Mrs. Elena V. Korzun
Ph.D. Oil & Gas - Consulting & Lobbing
Dr. Korzun is the General Director of "AssoNeft", the Association of small and medium size oil & gas producers in Russian Federation which was established in 1994. The association has 45 member companies. These companies own more than 400 oil fields and has produced more than 16 million ton of crude oil in 2003. Approximately 20,000 people are employed by these companies. Dr. Korzun is considered as an expert in the laws & regulations for the oil and gas industry. She has successfully lobbied the Federal Government on many occasions on behalf of "AssoNeft", to increase opportunities, and advantages for the smaller independent producers, and government benefits for the workers. Dr. Korzun will assist the Company in establishing its operations in the Russian Federation, by introducing and promoting it to the other producers.
Victor P. Philipov
PhD., Geology - Consulting Geologist
Dr. Philipov is Dean of the Geological Faculty of the Gubkin Oil and Gas University in Moscow, and is considered as the expert in oil and gas in the Russian Federation. He has over 25 years experience with the Ministry of Oil and Gas Industry, where the last position he held was Chief Geologist. During his career he explored and documented geological findings for all regions of the former Soviet Union. Dr. Philipov will assist the Company in identifying sites that have the greatest probability of reserves with least recovery costs. He also will ensure geological and feasibility studies contain necessary information and data to receive approval from the appropriate authorities.
Alexander A. Arbatov
PhD., Economics - Consulting
During the Soviet era, Dr. Arbatov was employed with various departments of the Academy of Science providing political, economic and diplomatic advice to the Government on relationships with the West. Since the breakup of the Soviet Union, Mr. Arbatov established and has been the Chairman of the Energy Center for the Russian Federation. This organization provides the Government with analysis and recommendations regarding the development of oil and gas sites in the Country, which are then provided to the likes of BP, Exxon, Mobil, Shell for investment and drilling. Dr. Arbatov will advise the Company on projects that will provide the best possibility of success, and ensure feasibility studies completed meet all requirements for approval.
Rosneft-Stavropolneftegaz Joint Stock Co.
International subsidiary
Ul. 50-let Pionerii 5, Neftekumsk , Russia
7 8652 37 24 68, 7 8652 37 24 62 fax, http://www.rosneft.ru
Primary SIC: Crude Petroleum And Natural Gas, Primary NAICS: Crude Petroleum and Natural Gas Extraction
Description: Mining: Production of oil and gas
Sergei V. Bondarev - V.P. Strat Petroleum Ltd. for Russia Mr. Bondarev holds a degree in sea navigation from Sakhalin Naval College, Far East, Russia. From 1984-1989, he was in charge of offshore oil & gas development in Vietnam, as part of the Russian & Vietnam Joint Venture. In 1990 was appointed as the Vice-Governor of one of the provinces in the Russian Federation. During that time he developed excellent contacts officials at the federal, state and local government levels. From 1992 until 2004, he was the managing partner in Russia for Arad Energy Products Co. He was responsible for negotiations, financing and sale of crude oil, oil products and natural gas contracts to the local and international markets. In 2004 he was appointed as V.P Operations-Russia for Strat Petroleum Ltd. His responsibilities include liasing with federal, state and local governments; sourcing potential joint ventures in oil and gas fields; securing product for sale; and, carrying out negotiations with Russian oil & gas companies, financial institutions and businesses concerning the oil & gas business conducted by Strat Petroleum Ltd.
Lev Perelman
Consulting Engineer - Strat Petroleum
Mr. Perelman holds BS and MS degrees in Civil Engineering and gas supply systems from the University of N. Novgorod (Russia) and holds BS degree in Power Engineering from Southern Alberta Institute of Technology of Calgary(Alberta, Canada) In Russia he was employed by Gasprom and has been actively involved in oil/ gas, development, processing and consulting since 1973. He was involved in the development of the Volga transgas” and Moscowgaspipeline” oil and gas pipelines.
Chaim Flatt
Executive V.P. Business Development - Strat Petroleum
Mr. Flatt holds B.Sc. Degree in Mechanical Engineering from the Kaunas Polytechnic University in Russia. He brings over 30 years of knowledge, experience and network of contacts developed in the areas of project development, financing and international trade. Mr. Flatt is President of Arad Energy Products Co. which has been involved in projects in the Russian Federation and other CIS countries since the late 1980’s with focus on the natural resource sector. In the past few years Mr. Flatt has concentrated on trade of oil and oil products, which has allowed him to build a very good network of contacts in the Russia and the CIS.