BOING BOING BOING BOUNCERS
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nice chart! SENZ has a ton of room to run IMO.
I call that bid support. She's looking nice. Go SENZ!!!
Don't be such a pessimist! LOL. This is an awesome bounce play. I was telling ya that a week or two ago. It went lower, but it's bouncing nicely. SENZ is moving nicely.
The shorts holding this one down? There's no reason for SENZ not to run. IMO.
Thought we were gonna break out for a second there. Nine days until the Q is released.
They need to work on the B/A just a tad!
Will you buy a couple of shares at 64.50? Start a rally! :)
I thought Bubba was their IR contact! LOL
I'm feeling a .07 coming up soon.
SIBN Team bios
Teplitskaia, Helen Mrs. Helen Teplitskaia has served as the Siberian Energy Group Inc’s President and Director since May 2007. Since January 2008 Mrs. Teplitskaya serves as President and a member of the board of directors of RAM Resources Ltd. Ms. Teplitskaia also currently is an Adjunct Associate Professor of International Business and Markets - Global Initiatives in Management at Northwestern University, where she has taught since January 1998, and she has served as Executive Vice President and Head of Eurasia Practice at Imnex International, Inc. since April 1991. Mr. Teplitskaia serves as President of the American-Russian Chamber of Commerce & Industry, President of the American-Eurasian Chamber of Commerce and Director of the International Energy Advisory Council. Throughout her career, Ms. Teplitskaia has assisted a variety of government agencies and private sector companies, including the United States Agency for International Development, U.S State Department, Ministry of Foreign Affairs of the Republic of Uzbekistan, AT&T, Baker & McKenzie, Case New Holland, Gazprom, Gillette, HeidelbergCement, Ingersoll-Rand, Maytag, Motorola, Pepsi-Cola and Morgan Stanley with start-up operations in markets, direct investment, mergers and acquisitions, joint ventures and licensing, marketing research, political interfacing and media relations.
Pochapski, Elena Mrs. Elena Pochapski is the Chief Financial Officer and Director of Siberian Energy Group Inc. Since August 2006, Mrs. Pochapski has served as Chief Financial Officer and Director of ECM Asset Management, Inc. Between January 2008 and July 2008, Ms. Pochapski served as a member of the board of directors of ECM Asset Management, Inc.’s parent company RAM Resources Ltd. (“RAM). She currently serves as an independent contractor with RAM. Before her employment at the Company, Mrs. Pochapski served as a Senior Accountant at Silver Gold Glatt & Grosman, LLP., from January 2002 to May 2004. Previous to that, Mrs. Pochapski was employed as an accountant at Cunningham & Associates, LLP., from September 1999 to December 2001. Previous to that, Mrs. Pochapski worked as an accountant at Price Waterhouse Coopers in Moscow Russia from 1997 to April 1999. Mrs. Pochapski has experience in public accounting, audits and corporate finance. She is also familiar with Russian accounting procedures and has experience with translating Russian financial statements into U.S GAAP and International Accounting Standards (IAS). Ms. Pochapski received a Bachelor of Economics degree from Moscow State University. She is also certified as a Certified General Accountant (CGA) in Canada and as a Certified Public Accountant (CPA) in the State of Maine, U.S.
Potapov, Sergey Mr. Sergey Potapov is Director of Siberian Energy Group Inc., since January 1, 2003, where he works in management and acquisition of assets in the Russian oil and gas industry. Additionally Mr. Potapov has worked as Vice President of ZNG, a Russian oil and gas exploration company, which is owned by ZNG, Ltd., which the company currently own 50% of, since October 2002. From January 2000 through October 2002. Mr. Potapov worked as Vice General Director at Siburalresource Ltd., which provides gas distribution throughout Kurgan Province, Russia. Previous to his employ at Siburalresource, Mr. Potapov worked from May 1996 to January 2000, as the Head of Sales Department of OAO Ikar. Mr. Potapov has an Engineering Degree from The Engineering Institute of Kurgan.
Peara, Timothy Mr. Timothy Peara is Director of Siberian Energy Group Inc. since April 12, 2005. Since August, 2007 he has been the Chief Operating Officer of Energy Invest Group, London though he remains the Managing Director of Alternative Energy Finance, a firm he founded in October, 2005 as the successor to Emerging Markets Finance International. From December 2001 to April 2003, he served as Finance Director of TNG Energy AG, in Frankfurt, Germany. From August 2000 to October 2001, he served as Vice President of UT Energy Holdings, in London, England and Hartford, Connecticut. From December 1998 to June 2000, he served as Vice President of PSG International, in London, England. From August 1997 to June 1998 he served as a Senior Trader with Koch Supply & Trading, in London, England. From June 1991 to July 1997, he served as a Director with Lehman Brother, in London, England. From January 1989 to May 1991, he served as Vice President of Prudential Securities, Inc. in London, England. Mr. Peara obtained a Bachelors degree from Wesleyan University in Latin American Studies in 1983 and a Masters degree in Business Administration from the University of Chicago in 1988. Mr. Peara holds a Series 3 and Series 7 brokers license.
My man David has some connections - Russia, UK, US
David Zaikin's Biography (SIBN)
David Zaikin Chairman since 2005 Mr. Zaikin earned a Bachelors Degree in 1989 from Kharkov Government Pharmaceutical Institute and Bachelors Degree in Psychology from Kiev University in 1995.Mr. Zaikin was instrumental in negotiating and acquiring ZNG's licenses, having developed the contacts and the knowledge of government procedures while consulting with Kurgan's Regional Administration (2000-2003) and with the Regional Ministry of Natural Resources (2000-2004) as Chairman of a non-profit Organization Regions on issues of "Licensing Agreements," "Land Access Agreements" and on establishing a geological database. Mr. Zaikin's diverse background includes experience in sales, marketing channels, finance and operations. Using his extensive ties to Russia's business community, as well as to federal and regional government authorities, Mr. Zaikin realized the opportunity that had long been the focus of his efforts - namely, to enter Russia's rapidly growing Oil & Gas sector. In 2003, David was one of three Canadians recognized by "Who's Who" for his extraordinary achievements.Mr. Zaikin is also a founder and Chairman of Siberian Energy Group since 2002. In 2004, he was brought to the capacity of Chief Executive Officer at Siberian Energy. David Zaikin became the Chairman of Zauralneftegaz Ltd. in November 2005, immediately following the company's inception as a result of entering a Joint Venture agreement with the U.K.-based Baltic Petroleum Limited.
LUKOIL Subsidiaries - these guys are HUGE! SIBN teaming with them would be awesome.
Links to other web-sites, subsidiaries
OOO LUKOIL-Tsentrnefteproduct (www.luknef.lukoil.ru)
??? LUKOIL-Astrakhanenergo (www.lae.lukoil.ru)
OAO LUKOIL-Kaliningradmorneft (www.lukoil-kmn.com)
OOO LUKOIL-Komi (lukoil-komi.lukoil.com)
OOO LUKOIL-Nizhnevolzhskneft (www.nvn.lukoil.com)
ZAO LUKOIL-Neftekhim (www.lukoil-neftekhim.ru/)
OOO LUKOIL-Nizhnevolzhsknefteprodukt (nvnp.lukoil.ru)
LUKOIL Overseas Holding Ltd. (www.lukoil-overseas.com)
OOO LUKOIL-Perm (www.lukoil-perm.com)
OOO LUKOIL-Permnefteorgsintez (www.eng.pnos.lukoil.com)
OOO LUKOIL-Permnefteprodukt (www.lukoilpnp.ru)
OOO LUKOIL-Severozapadnefteproduct (www.sznp.lukoil.com)
OOO LUKOIL-UKRAINE (www.lukoil.com.ua)
OOO LUKOIL-Uralnefteprodukt (www.lukoil-ural.ru)
OAO LUKOIL-Ukhtaneftepererabotka (unp.lukoil.ru/)
OAO LUKOIL-Volganefteproduct (www.lukoil-volga.ru)
OOO LUKOIL-Volgogradneftegaz (www.vng.lukoil.com)
OOO LUKOIL-Volgogradenergo (www.volgogradenergo.lukoil.com)
OOO LUKOIL-Yugnefteproduct (www.lukoil-unp.ru)
LITASCO (www.litasco.com/)
LUKOIL AMERICAS CORPORATION (www.lukoilamericas.com)
LLK-International (www.lukoil-lubricants.com)
LUKOIL BALTIJA (www.lukoil.lt/en)
LUKOIL Belgium N.V. (www.lukoil.be)
LUKOIL BULGARIA Ltd (www.lukoil.bg/e/index.htm)
LUKOIL Macedonia LTD Skopje (www.lukoil.com.mk)
LUKOIL Montenegro DOO (www.lukoil.co.me)
LUKOIL ROMANIA S.R.L. (www.lukoil.ro)
LUKOIL-Belorussia (www.lukoil.by)
LUKOIL-BEOPETROL (www.lukoil.rs/main/default.asp)
LUKOIL-INFORM (www.lukoil-inform.ru)
OAO "LUKOIL-Inter-Kard" (www.licard.ru/)
OAO RITEK (www.ritek.ru)
OOO LUKOIL-ENERGOENGINEERING (www.ee.lukoil.com)
OOO LUKOIL-TTK (www.ttk.lukoil.com)
OOO TD Energoservis (www.tdes.lukoil.com)
Trade House "LUKOIL" (www.td.lukoil.com/)
Shoot. You think these guys are related?
Igor Zaikin, OAO LUKOIL Head of Department for Industrial Safety, Environment and Research.
LMAO. This is SWEET.
Nov. 2 (Bloomberg) -- Russia, the world’s largest oil producer, boosted crude oil output in October to 10.26 million barrels a day, setting a post-Soviet record.
There's OIL in dem dare hills! SIBN we're counting on you.
They're restacking the bids.
SIBN ASK is thin.
SIBN is gonna crank. Oil prospects in Russia are HUGE.
SIBN .065. Going strong!
Level II is looking good.
G'Mornin! Glad I was able to get a few more shares yesterday! I had a meeting most of the day left an open order - and my order filled. Yesss!!
I'm counting on it! It's only gonna suck for those that don't own shares. The rest of us can SMILE quietly - and gloat.
I thought it was a pistol. :/
I don't know about laughing - maybe passed out from celebrating and drinking black gold. LOL
I agree. I may have to borrow the funds! :/
Well that's no good. LOL. I have a small position which I don't count -- I'm looking to really get in this. I have to wait for some funds to clear.
I just might have to do that. Yesterday would have been a good day to bid sit.
LOL! I'm with ya bro!
Russia breaks another oil extraction record
Published 02 November, 2010, 21:56
Edited 03 November, 2010, 06:41
The country’s daily oil output has amounted to 10.26 million barrels, setting a second historic record in two months.
The previous record, set in September, was 10.16 million barrels.
In October, Russian companies extracted 42 millions tons of oil in total, which is 25 more than in September. Also, 420 millions tons overall were extracted in ten months, which is two times more than in the same period last year.
Last year, Russia had already become the world’s large producer. Now it aims to keep up the pace of extracting above 500 million barrels a year until 2020.
The Russian government, however, admits it will need trillions of rubles to keep the extraction rate up.
If I'm drinking Koolaide here, it's the best I've tasted in awhile!
Russsia's Arctic holds 100 Bln TONS of Oil and Gas
http://www.physorg.com/news204286161.html
Holy Crap! SIBN is gonna be sweet.
Oil: What's Russia Really Sitting On?
2004 article I found. Although the cited data is six years old, the potential is staggering.
http://www.businessweek.com/magazine/content/04_47/b3909079_mz054.htm
But there's one place -- Russia -- where reserve estimates just seem to go up and up. In its annual statistical survey of world energy, BP PLC (BP ) has recently revised its estimates of Russia's total proven oil reserves to 69.1 billion barrels, 6% of the world's total, up from 45 billion bbl. in 2001. But according to auditors with a worm's-eye view of what's actually going on in the depths of Siberia, such estimates may just scratch the surface of Russia's real potential. According to a recent study by Dallas-based energy reserve auditors DeGolyer & MacNaughton, whose clients include leading Russian energy companies such as Gazprom and Yukos, Russia's true recoverable reserves are between 150 billion bbl. and 200 billion bbl. That's up from industry estimates of 100 billion bbl. a few years ago.
Why such a big gap in the estimates? Because it's one thing to be sitting on oil reserves, another to be able to exploit them commercially. In Russia's main oil-producing region in western Siberia, proven reserves represent just 18% to 24% of all oil in the ground, in contrast to about 45% in Western oil-producing regions such as Alaska and the North Sea. But as Russian oil companies adopt technologies, such as horizontal wells and computerized reservoir management systems, the estimated recovery rates are being revised. Thanks to new techniques, which make it possible to obtain oil even from apparently depleted fields, Russian oil companies already have managed to boost their output by 50% since 1998. "The biggest thing is the [new] technology being deployed in western Siberia. The results are beginning to show," says Martin Wiewiorowski, senior vice-president of DeGolyer & MacNaughton in Moscow.
This increasing recoverability, and not dramatic new discoveries of oil, explains why Russia's proven reserves keep shooting up. The leading Russian oil companies have all announced big increases this year, following independent international audits. Lukoil (LUKOY ), Russia's largest oil outfit, saw a boost of 4.7% in proven reserves both this year and last, according to Society of Petroleum Engineers SPE standards. No. 2 producer Yukos, meanwhile, jumped 13.2% this year, according to stringent standards set by the U.S. Securities & Exchange Commission.
The growth in Russia's proven reserves is mainly happening at existing fields in western Siberia, a supposedly "mature" region where production had been declining until recently. DeGolyer & MacNaughton predicts that western Siberia could boost its output to 10 million bbl. a day by 2012, up from less than 6 million at present, and keep production at that level for at least 10 years. The use of even newer technologies available by then means that western Siberian oil production may not decline for decades to come. Russia's reserve potential is vaster still when undeveloped regions, such as the Arctic, the Caspian, and in particular eastern Siberia, are factored in. And then there's Russia's plentiful supply of natural gas. It is already acknowledged as having the world's largest gas reserves, with 47 trillion cubic meters, or 26.7% of global reserves.
But tapping Russia's vast oil pool will require billions in investment, especially in export pipelines. Although on course for 8% growth this year, production gains could slow as export bottlenecks appear. But infrastructure investment is likely to go up in tandem with reserve estimates. If Russia finds a way to get all that lovely oil to needy international consumers, its days as a global energy powerhouse could be just beginning.
Hello SIBNer's I've been watching this one and I like what I see. Next bidwhacker that comes along, I'm gettin me some shares!
Picked up some at lunch today. I love bid whackers. LOL
Wait? Are you short? I'm so confused.
Quarterly Report is due out 11/13/2010! We can get excited just before then.
LOCN is holding well after the initial run up! Impressive.