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johan
are you saying SAGA OIL might be interested in buying NWOG??
thanks if you can clarify
don't know if you got the pdf's that weren't for the licenses.
turns out you can link to the archived website, including the pdf's, - - wish I knew this before
recommend to everyone interested in nord deal to download these and PRINT them.
asset value report:
http://www.nordoil.com/pdf/asset.pdf" target="_blank">http://web.archive.org/web/20070617171538/http://www.nordoil.com/pdf/asset.pdf
note that the second entry for Nord oil product matches address for what I have been posting concerning Forsage. (Tula, ul. ckyratovskaya, 100 (ATP-1))
http://www.investorshub.com/boards/read_msg.asp?message_id=20507812
the asset value here is 7, 300, 000 which is about what Malyshev is trying to sell it for, with appreciation, and I bet he does.
Joint activity agreement:
http://web.archive.org/web/20060505042718/www.nordoil.com/pdf/joint.pdf
notice the second page INN tax number for nord oil samara (the second one on the page) 6312054806. google this number and you get 8-k sec reports for STAR ENERGY. click cached on the first link and you will see the number highlighted on p. 73. An artur Jalovian sold serg volg-neft. there are othe jalovians on both nord and now nwog boards.
yemelyanov license
http://web.archive.org/web/20060505042545/www.nordoil.com/pdf/yem.pdf
otradnoye license:
http://web.archive.org/web/20060505042735/www.nordoil.com/pdf/contract.pdf
kommynar license:
http://web.archive.org/web/20060505042625/www.nordoil.com/pdf/kom.pdf
Printing these out is the only assurance you will have access to them. save this post to refer back.
lots of familiar names in this one
http://www.saratovnedra.ru/Zaslush2005.htm
p 64 investment project file at website
very close working relationship at shalinsky with Russneft:
Preparation of oil will be carry out on point of
preparation of oil company " Russneft " on conditions of
cooperation of construction and operation of point of
reception of oil (PRO) and with other independent
oilgetters. Realization of oil will be carry out by export
by oil tanker and shipment to consumers by railway
transportation or through an infrastructure of JSC"
Transneft "
thanks for letting me post this stuff here with some fuzzy musings
the explanation you provide is really needed for those of us who still have to conceptualize a country that just until 1990 was in complete state control.
I don't know why i never before decided to strictly "follow the oil fields" maybe because I don't really know Russian:) But i realize now that I had some REALLY stupid ideas in the past about this company, and no doubt will have some more. But this link (didn't know if you'd appreciate me putting it up, in future know you can always delete no explanation expected) leads me to think the answers are in the relationship of the government and military to the land and licenses associated with saratovneftegaz, involving many cross-bred companies; the answers will be in the cross-pollinization of managements, ect. I can say right now that Lukoil seems prominent - - and the relationship of that company to the military may be worth probing either in private or in public depending on how brave we are:)
http://www.region64.ru/all/arhivnews/2007/06/5149?p=0
so the fund means under a land reorganization in 2001 that saratovneftegaz was expropriated from tnk bp by the military and given to companies like nwog, lukbeloil to use in lease??
____________________________________
June 1, the government of a meeting on "Registration of land use under the property of business users OAO Saratovneftegaz, Ltd." LukBelOyl, Ltd. "UK" KorSarNeft "for exploration and mining, with the participation of Deputy Prime Minister Alexei Shcherbakov, Minister of Industry and Energy of Alexander Nikonov, managers mining, the head of the Territorial Office for subsoil resources of Saratov, Vladimir Morozov, representative of the Territorial Office of Federal Agency for the Management of Federal Property in Saratov and deputy military prosecutor Saratovskogo garrison.
Необходимость совещания была вызвана общей для всех собравшихся предприятий проблемой оформления прав на пользование землей под объектами нефтегазодобычи, находящейся в государственной собственности и во владении Министерства обороны.Need meeting was called for a general meeting of all problems in obtaining access to land by oil and gas facilities, is in the public domain and in the possession of the Ministry of Defence.
Эта проблема стоит перед предприятиями с 2001 года с момента вступления в силу нового Земельного Кодекса Российской Федерации.The problem facing the company in 2001 with the entry into force of the new Land Code of the Russian Federation. С этого момента предприятия ведут деятельность по оформлении земли в соответствии с новым законодательством, не останавливая основную деятельность по добыче и разведке недр.Since then, the companies were working on the design of land under the new law, not stopping mainly on the production and exploration of mineral resources. Однако с принятием 31 марта 2006 года порядка передачи в аренду отдельных земельных участков из земель, предоставленных для нужд обороны, вопрос об оформлении земель, находящихся в ведении министерства обороны обострился.But with the March 31, 2006 order for the leasing of land from the land provided for defence, the form of land administered by the Ministry of Defence escalated. Несмотря на то, что саратовскими предприятиями работы на этих участках ведутся традиционно и имеются необходимые лицензии и разрешительные документы на недропользование, контролирующие органы требуют приостановки деятельности на данных участках недр, что влечет за собой снижение уровня добычи нефти и поступлений налоговых и иных платежей в бюджеты всех уровней.Although saratovskimi enterprises work in those areas are traditional and have the necessary licences and permits for use, regulators are demanding suspension of activities in the areas of data mining, which results in reduced production and income taxes and other payments to the budgets at all levels.
Для решения сложившейся проблемы на совещании было принято решение организовать встречу всех заинтересованных органов, включая представителей Федерального агентства по управлению Федеральным имуществом и Министерства обороны, на которой планируется провести согласование совместных усилий по вводу земель, находящихся в ведении Минобороны в хозяйственный оборот.To remedy the situation, the meeting decided to organize a meeting of all the stakeholders, including representatives of the Federal Agency for the Management of Federal Property and the Ministry of Defence, which is expected to agree on joint efforts to put lands administered by the Defense Ministry to productive use. Кроме того, управлению недропользования министерства промышленности и энергетики области было поручено выработать алгоритм решения проблемы оформления земель по каждому из предприятий в отдельности и подготовить проект перечня земель, планируемых к вводу в хозяйственный оборот с указанием их возможной принадлежности.In addition, the use of the Ministry of Industry and Energy has been instructed to design the solution to the problem of land clearance on each of the enterprises separately, and prepare a draft list of lands proposed to enter into trade, indicating a possible affiliation.
Решение данного вопроса весьма актуально для области, т.к.Resolving this issue is important for the region, because позволит ввести в хозяйственный оборот высокоперспективные участки недр.will enter into trade high-resorts. Это станет серьезным резервом увеличения добычи углеводородного сырья на территории Саратовской области, обеспечит динамичное развитие нефтегазодобывающей отрасли в регионе и повысит ее инвестиционную привлекательность.That would be a major reserve increase production of hydrocarbons in the Saratov region, will provide a dynamic oil and gas industry in the region and enhance its investment attractiveness.
NWOG is definitely producing as confirmed by press:
re saratovneftegaz
I presume this article is addressing production issues in wake of re-distrivution of former tnk bp property
corrected onlast post - - it was udmurtneft that was won by russneft and ended up with rosneft.
note nwog is listed as winner of lugovskoye, but not of
"NK" GeoNeftTehnologiya "(Goryuchkinsky station)
"Saratovneftedobycha" (Kalinin station)
but good news is press confirmation that NWOG is indeed producing, even if production went down last year (which we knew from the financials:
Total oil production in the Saratov region in 2006 were 14 enterprises. The negative growth recorded in OAO NK "Saratovneftegeofizika, OAO Oil and ZAO Volnovskneft", "North-West Oil Group and ZAO Kurilovskoe, ZAO Oil Povolzhya-Resurs". In just a sense spinning figures from the two businesses, "SANEKO" and ZAO Inzerneft ".
NWOG is a real company folks
_________________________________________________________
http://www.rasklad.ru/articles/1332.html
Ainu black pearls Sergei SCHERBAKOV Saratovskayaoblast considered to be the "oil". The unprecedented growth of foreign trade mainly to the export of refined products. But sometimes does not really look at the regional market of hydrocarbons. It is not only continuous positive achievements. Little Oil "valve", so no roads, the oil in the province are in good shape. Over the past year, a regional mineral extracted one million 622 thousand 210 tons of "black gold". While only 0.33% more than in 2005. Of course, we have to be nuanced. OAO Saratovneftegaz "is the extraction of hydrocarbons is in the neighbouring Volgograd region. Recall that the company previously owned company TNK-BP, and at the end of the previous year had been sold "NK RussNeft". Yet today it would only on the regional developments in the oil and gas sector. Incidentally, the increase in production in the province is impressive. Growth in this case amounted to 7.2%. But with oil to "get Saratovneftegaza" not very well. The company, which accounts for the bulk of the extracted raw materials to work with the negative (-6.9%). Only 3.8% increase production ZAO Saratov-Burenie ", which is a subsidiary of OAO Saratovneftegaz". Total figures here, one million 254 thousand tons of crude oil in the light of gas condensate. As a result, if the surrender "a" of the two companies, will still get a negative trend (-3.73%). But "Saratov-Burenie" more than two thirds of increased mining blue fuel. This leads Territorial agency for subsoil resources in Saratov. Against this background, surprised the small oil companies that have "exceeded plan" last year to 17.2%. The volume is 367.3 thousand t "black gold", including gas condensate. Total oil production in the Saratov region in 2006 were 14 enterprises. The negative growth recorded in OAO NK "Saratovneftegeofizika, OAO Oil and ZAO Volnovskneft", "North-West Oil Group and ZAO Kurilovskoe, ZAO Oil Povolzhya-Resurs". In just a sense spinning figures from the two businesses, "SANEKO" and ZAO Inzerneft ". The first growth of oil with gas condensate increased almost threefold, from the second-to 7.7-fold. Note that the "Inzerneft" has known oil company Yukos. In the fall of 2003, the head of YUKOS Mikhail Khodorkovsky made a working visit to Saratov. It then became aware of "Inzernefti". The company agreed to acquire territory Buzulukskoy Gap, where estimated reserves of oil (in the year) was estimated at 200 million tons. In reality, recoverable reserves-20 million tons, or about 200-300 thousand tons annually. However, to achieve such success, "Yukos" in the opinion of experts, it should be 5-6 years of hard work in Saratov. As is well known, Yukos is not the same today, yesterday, but "Inzerneft" was able to increase production to 1.34 thousand tons in 2005 to 11.6 thousand tonnes last year. However, before cherished figure is still very far. The money for exploration, however, to speak of the success of the oil province, have to look at the amount of oil in the Saratov region. Without them talk about the growth of production become hollow. Last year, such work was carried out at the expense of the federal budget, County coffers, and, of course, its own mineral resources. The Territorial Agency for subsoil resources for the Saratov region informed that at the expense of all sources of financing in the province in 2006 made geological studies of the subsoil and reproduction of the mineral and raw materials base in the amount of 1.6 billion rubles. The proportion of the federal budget, less than 100 million rubles, and regionoy penalty-10 million At extrabudgetary sources are the rest of the amount. This is the money of private enterprises. The largest contribution is made OAO Saratovneftegaz, which handled 213.7 million rubles. The Russian "Nizhnevolzhskgeologiya" is 194.87 million rubles, "LukBelOyl is 161.02 million rubles. The troika leaders on the financing of exploration. For comparison : in 2003, the largest amount of funds was invested oil companies Lukoil, Yukos, as well as the "Oil Volga". As you can see, the situation over the past three years in the oil market, the province has changed. However, as throughout Russia. Exploration in the past year in the Saratov region has increased in monetary terms by 85%. As a result, in terms of oil and gas to the region last year, took third place in the Volga Federal District (after Samara and Orenburg regions). "For Usam down, so companies do not fall into" Pravda, in the mining never been without spoons tar. In this case, the replenishment guberskoy penalty from oil "charges". For example, in 2005, total payments to the federal budget tax on the extraction of minerals (NDPI), which paid all the companies involved in the production amounted to 2.6 billion rubles. Region Treasury content to 157.8 million rubles. Even more experienced bias on the basis of 11 months of last year : 3.24 billion rubles to the Treasury and only 190.1 million for the regional. Here too literally, this "vertical of power". Rather, the policy of centralization of financial flows in the country. The saddest aspect of this situation is the fact that for the Saratov region on the amount of contribution to the local budget nor cold nor hot. The oil production is not beneficial to the peoples of the province and its inhabitants, but only for the companies that receive this with good earnings and, of course, petrodollars. And ordinary citizens are encouraged to forget the oil abroad. Here you do not… Kuwait during 2006 was 8 auctions for the right to use subsoil resources to the exploration and exploitation of hydrocarbons. Auction winners are : "NK" GeoPromNeft "(Pugaczewski-1 Rahmanovsky stations); "NK" GeoNeftTehnologiya "(Goryuchkinsky station); "Saratovneftedobycha" (Kalinin station); "Right Oil Company (Vostochno-Rybushansky station); "Caspian Gas Company (Caspian area); "Artamira" (Tavolozhsky station); "North-West Oil Group-Saratov" (Lugovskoy). The budget of the Russian Federation to the auction was 298 million rubles.
thanks
yes, the "unallocated fund" is something that is a major factor here and thanks for pointing that out. definitely part of a dedicated plan to develop these resources in that region.
these are the auction winners according to press at the time (note this is after the nwog/nord merger announcement june 27 o6)
http://www.tehnoprogress.ru/lenta/news13146.html
note nwog properties
kalinin: won by "saratovneftedobycha" this company has the same phone number as "lukbeloil" (links later if needed)
goryuchkinsky: was won by "NK geoneftetechnologiya"
the other companies listed are interesting because two of the properties including the most important stepnov are not listed for winners. i've seen some suggestion that "samara nafta" won the auction for severo- . . .
this is not to say nwog didn't get the properties, just maybe we have to think through what the relationships are here. I have no doubt they have the licenses, so no suggestions here. Of course winners give up their tenders all the time and the properties go elsewhere. This is very common of course.
Yes, from the website it appears that an entity named nwog did indeed have lease agreement with tnk-bp for use of saratovneftegas owned properties, which would make them natural winners for the auction. saratovneftegaz auction was won by rusneft, but it ended up with Rosneft.
also remember the shalinsky property and obneftegazgeologia which may be belurus related through that company's history with slavneft.
goryuchinsky, stepnovsky, severo-vasnetsovsky, and kalininsky
fields = nwog saratov
no mention of nwog, which received stepnov, listed here as a good field going at the time for six million rubles.
http://www.time-saratov.ru/index.php?a=5&art=711
Physical agency for subsoil resources in Saratov completed admission applications to participate in the auction for the right to use subsoil six sites. To exploration and production of hydrocarbons in the bidding billed sites : Pugaczewski-1 (Krasnopartizansky district), Vostochno-Rybushansky (Saratov region), Goryuchkinsky (Saratov region), Kalinin (Marksovsky and Soviet areas), North> <Vasnetsovsky Stepnowski and (the Soviet area). The most promising deposits of the exhibited experts describe Vostochno-Rybushanskoe and Stepnowski. These areas previously owned "Saratovneftegazu". They surveyed and do not require major investments in equipment. At Stepnowski station received four applications from : "Zenneft", "Standard", ZAO Transnafta "and" Caspian gas company ". Incidentally, the latter two companies, as well as the "Oil Company" Geoneftetehnologiya "and" Right Oil Company want to buy and Vostochno-Rybushanskoe deposits. According to the experts, the main competition for these sites would begin between Saratov "Caspian gas companies" representing the interests "LUKOIL" and "Moscow company Transnafta". As reported by "Saratovnedra", the initial starting pay for Vostochno-Rybushanskomu station is 13 million roubles for Stepnowski-six million roubles. Auction set for July 11. Help "Time" Projected gas reserves in the field Stepnowski covering 10 square kilometres. About 0,772 km billion cu. m, and oil reserves of about 2,434 million It is projected to Vostochno-Rybushanskom gas field, located in an area of 18.5 square kilometres. km, more than 1,263 billion cu. m.
goryuchinsky, stepnovsky, severo-vasnetsovsky, and kalininsky
fields = nwog saratov
this is the 2006 auction of these properties
http://www.statetenders.ru/NewsAMShow.asp?ID=275873
Saratov Region on June 1, 2006 : An auction of plots of hydrocarbons in the Saratov region for the right to use geological prospecting, exploration and exploitation of hydrocarbon deposits put up for auction six plots, said Territorial agency for subsoil resources in Saratov. As stated in the message, for the right use of the subsoil to geological prospecting, exploration and exploitation of hydrocarbons issued Pugachevskim-1 station, in turn, to the exploration and exploitation of hydrocarbons billed sites Vostochno-Rybushansky, Goryuchkinsky, Kalinin, Severo-Vasnetsovsky, Stepnowski. In addition, Saratov territorial agency for subsoil resources announced that fees for the auction of all of the sites is 115 thousand rubles, license fee - 7,500 roubles. Reported that the initial starting pay for the site Pugaczewski-1 is 4 million roubles, the section of the 13 million Vostochno-Rybushansky Rubles Goryuchkinsky 600-thousand rubles, Kalinin-800 thousand Rubles Severo-Vasnetsovsky 3 million Stepnowski and RR - 6 million roubles. The rate of regular royalties in the search and evaluation of mineral resources to the site Pugaczewski-1 with the first of five years is 310 roubles, in the sixth year-360 rubles. The rate of regular royalties for mineral exploration on the site Pugaczewski-1 is 13 thousand 850 rubles, 20 thousand-Vostochno-Rybushansky Rubles Goryuchkinsky -19 thousand 625 rubles, Kalinin, Severo-Vasnetsovsky, Stepnovsiky-20 thousand roubles for each section. The auction is scheduled for July 11, 2006. Deadline expires on June 8. The deposit will expire on July 4. IA Alliance Media "on the basis of GTRK" Saratov "Yandex Direct as a partner All ads (5) → Tenders and tender More than 100000 commercial and public tenders for a single portal. Saratov Region on June 1, 2006 : An auction of plots of hydrocarbons in the Saratov region for the right to use geological prospecting, exploration and exploitation of hydrocarbon deposits put up for auction six plots, said Territorial agency for subsoil resources in Saratov. As stated in the message, for the right use of the subsoil to geological prospecting, exploration and exploitation of hydrocarbons issued Pugachevskim-1 station, in turn, to the exploration and exploitation of hydrocarbons billed sites Vostochno-Rybushansky, Goryuchkinsky, Kalinin, Severo-Vasnetsovsky, Stepnowski. In addition, Saratov territorial agency for subsoil resources announced that fees for the auction of all of the sites is 115 thousand rubles, license fee - 7,500 roubles. Reported that the initial starting pay for the site Pugaczewski-1 is 4 million roubles, the section of the 13 million Vostochno-Rybushansky Rubles Goryuchkinsky 600-thousand rubles, Kalinin-800 thousand Rubles Severo-Vasnetsovsky 3 million Stepnowski and RR - 6 million roubles. The rate of regular royalties in the search and evaluation of mineral resources to the site Pugaczewski-1 with the first of five years is 310 roubles, in the sixth year-360 rubles. The rate of regular royalties for mineral exploration on the site Pugaczewski-1 is 13 thousand 850 rubles, 20 thousand-Vostochno-Rybushansky Rubles Goryuchkinsky -19 thousand 625 rubles, Kalinin, Severo-Vasnetsovsky, Stepnovsiky-20 thousand roubles for each section. The auction is scheduled for July 11, 2006. Deadline expires on June 8. The deposit will expire on July 4. IA Alliance Media "on the basis of GTRK" Saratov "Yandex Direct as a partner All ads (5) → Tenders and tender More than 100000 commercial and public tenders for a single portal. Address and telephone · www.alltenders.ru Gostorgi.ru Agregator tenders, the daily distribution of tenders, advanced search. gostorgi.ru Machine and equipment ads from suppliers and manufacturers. www.i address and phone · www.alltenders.ru Gostorgi.ru Agregator tenders, the daily distribution of tenders, advanced search. gostorgi.ru Machine and equipment ads from suppliers and manufacturers. www.i
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shalinsky field is neftegazenergo, which recently struck oil.
I think these are the same pictures selivanov
looks the same . . .?
http://www.masla.su/company/employees/
http://www.photosight.ru/ownpage.php?authorid=92417
one of the tula properties of forsage was contributed to nord oil intl by Nord oil product and now should be owned by nwog. The property is the first address listed at the "price list" excel worksheet on the homepage.
http://www.masla.su/
open the worksheet and you will see the address
Tula, ul. ckyratovskaya, 100 (ATP-1) (4872) 23-17-66 ect.
this is the exact address as for a property contributed by Nord Oil Product to Nord Oil international when Nana A, Nord Oil Samara, and Nord Oil Product joined efforts, according to pdf documents posted at the old Nord website.
alexei selivanov seems in charge.
the woman pictured second - - efimova - - might be the contact for this job add
http://www.rabota.ru/vacancy9964318.html
that company is "promteh NN"
http://www.promteh.ru/
if it's her, and she is still in her forsage job this might be of interest, if not then ignore
saga oil ceo radio interview hoydal
http://www.wallstreetreporter.com/profile.php?id=24479&a=1
Saga claims the rodnikovsky oil field through its 1/18/07 acquisition of promgeotek
SERG claims the rodnikovsky field as well:
http://www.investorshub.com/boards/read_msg.asp?message_id=20369825
So who owns this field???? SERG, Promgeotek, or SAGA???
di
spend some time this weeken on some of my eik board posts for serg, sgdm, ruso connections, it will be time well spent for you IMO. last two or three weeks I have laid it all out, if you don't gloss over them.
As always peace
once a gain excellent reading your response, exactly what i was looking for when i asked:)
re sgdm, it's pretty much how I read it too, but the insight about turning away those shares in favor of cash does open the eyes - - unless there was a personal pay-off to belchenko, in which case a million bucks as well as the warrants bird in hand is hard to turn down.
I noticed a similar pattern serg - - IAB island resources (Hutchison) playing the financing role for serg similar to hampton with sgdm. Segal finds the financers, puts them together with Russian companies, leaves and lets others run the American financial legal affairs while the same basic management runs things in Russia. Babini earlier in life has "blue sky communications" which was a stock promotion firm. This Babini I think may have been brought on to promote shares as well as raise the million.
Finally, my driving question is to finally get to the bottom of Jalovian. I will note that the Nord Jaolovian was involved with a company called orenburg orion company (as per defunct Nord site).
iab ventures mentioned in russian article re serg
http://news.central.kz/archive/hind.chem.oilgas/200610/10081123.html
10/9/2006
American Energy Star prikupila "Volgu-Neft" [IA RusEnergy] MOSCOW, October 9. / RusEnergy. American Star Energy Corp. Ltd. bought "Volga-Neft" (Samara), Energy Star Press reported. It acquired 100% shares Ltd. from its owners and founders, Arthur and Olga Dzhalovyana Dubrowski, in exchange for 10 million new (26.1% of the total) of treasury shares. "Volga-Nefti owns license Rodnikovskoe field in the Orenburg Region with recoverable reserves of 95 million barrels of storage capacity for petroleum and petroleum products at three thousand cubic meters, fleet of 69 vehicles for the transport of oil and flammable goods. The company also owns 30 thousand square meters of real estate in the property-Chapaevske it intends to use to build their own processing facilities and attach them about $ 15 million In 2005, gross receipts "Volga-Nefti" of $ 90 million Star Energy intends to retain the existing management "Volga-Nefti" (currently in the company employs 185 people). The report also states that "Volga-Neft and Star Energy concluded agreements with the company IAB Island Ventures SA that the latter would give them access to contracts and funding in return for 10% of such transactions. The IAB company will negotiate all the important decisions; It also will fill two seats of five on the board of directors "Volga-Nefti and Energy Star.
sgdm audit
http://biz.yahoo.com/e/070205/sgdm.ob8-k_a.html
universcompany (belchenko) audited by SF Partnership:
In considering the appointment of SF Partnership, LLP (the "New Accountant"), the Registrant considered the New Accountant's experience and expertise with Russian companies and operations. Not only does the New Accountant conduct audits on two companies located in Russia, but there are three Russian speaking Chartered Accountants in their Toronto office. Upon closing the transaction with the UniverCompany, all of the Registrant's assets, revenues and operations will be located in Russia; accordingly, the Registrant selected a firm registered with the Public Company Accounting Oversight Board which could audit financial statements of a company with operations in Russia. Upon closing, all of accounting records will be located in Russia, where the New Accountant has the expertise to audit such records.
http://www.sfgroup.ca/ksi.htm
SF has "international affiliates" through the ksi consortium, who probably have done the actual audit work (I don't know)
ksi:
http://www.ksi.org/ksi
locate a consortium member at ksi and you get Northern capital auditors of st. petersburg
http://www.ksi.org/ksi/Member+locations/Northern+Capital+Auditors.htm
Northern capital auditors russian language website:
http://www.ncauditors.ru/
I have no idea if this is the firm doing the audit, if SF partners is going through the ksi consortium or not. But I am guessing they are.
It looks like SGDM is not trusting the previous RSM audit, and the sec docs all make clear that purchase was contingent on an audit.
sgdm Hampton park capital
http://biz.yahoo.com/e/070516/sgdm.ob10qsb.html
In December 2006 we received $1,000,000 gross proceeds from the sale of 1,000,000 units to Hampton Park Capital LLC. Each unit consisted of one share of common stock and one share purchase warrant, exercisable for one share of common stock at an exercise price of US$2.50 for two years from the date of issuance. The $1,000,000 raised by us was lent to UniverCompany on an unsecured basis, with no specific terms for repayment.
_________________________
the million I suppose was direct cash thing to Belchenko "a loan" and Belchenko and his people otherwise paid for karalon with between 41,000,000 and 15,000,000 shares I can't tell, perhaps someone can interpret.
Hampton Park Capital and fortuna gaming corp
http://www.hamptonparkcapital.com/home.html
fortuna gaming engaged in on-line gambling business (reminds me of Makarov and Parkin and the sdil stuff)
http://www.fortunagamingcorp.com/
eik, can you describe the business language concerning sgdm and hampton's arrangement in layman's language for your many fans?
SGDM up 36% as i write.
ruaridh campbell CFO of serg
http://www.crimes-of-persuasion.com/BoilerRooms/franklin_asset.htm
cfo
http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?SessionID=60WQjAWGR6BocGZ&....
In accordance with the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, hereunto duly authorized, this 11th day of August, 2006.
STAR ENERGY CORPORATION
/s/ Marcus Segal
-----------------------------
Marcus Segal
Chief Executive Officer and Director
/s/ Ruairidh Campbell
-----------------------------
Ruairidh Campbell
Chief Financial Officer, Principal Accounting Officer and Director
___________________________________
serg jones simkins associated with quest group intl and Makarov's company newtech resources
http://yahoo.brand.edgar-online.com/PeopleFilingResults.aspx?PersonID=3482674
http://otc.nfmf.no/public/news/4445.pdf
see p. 5
PROMGEOTEK, orenburg mentioned by SAGA OIL
compare serg statement
http://www.allbusiness.com/finance/equity-funding-stock/3940963-1.html
yandex search promgeotek - - individuals sv kuimov and dv kalmukov
(look in text just above the fifth picture at this link):
http://www.allbusiness.com/finance/equity-funding-stock/3940963-1.html
Is it the same field claimed by SERG - - claimed by SAGA subsidiary PROMGEOTEK?? Orenburg location matches.
I'll have to look further, but I think one of these individuals (kuimov, kalmukov)is somehow affiliated with Buyatenergo (have to re-find some info). Makes me think of Belchenko (king of buryatiya).
Thanks for steering me away from samara nafta with segal, still think a kukes/amerada hess lead on Nord having to do with yemeyanov field and samara nafta acquisition.
eleksbrokers part of this story.
Because we know asset acquired by serg has same inn tax number as Nord oil product property, the goal here is to discover Jalovian affiliations (NWOG board member) by learning more about the volganeft property (rodnikovsky field) acquired by serg from jalovian, brokered by monimpex and nord member safarov. Jalovian affiliated with promgeotek??? buryatiya???
very helpful thank you eom
eik
do you remember posting this?
http://www.investorshub.com/boards/read_msg.asp?message_id=14016448
I wonder if you ever reached any definitive conclusions whether or not Jalovian's volganeft was the same as the volganeft purchased by samara nafta from russneft. it would help a great deal in light of recent info to know if this property now owned by SERG has something to do with trabant/amerada/kukes or not.
Samara Nafta is on the Nord pdf's and the one low-producing oilfield at (forget the name) was owned by samara nafta.
Can you help with this?
Thanks
working on a problem
Hope you'll try to follow me here, maybe something to it I don't know.
I you go to website for ALLIANTGROUP
http://www.alliantgroup.com/contact.html
You will see the address for NWOG's Bio tracking 8-k
http://www.secinfo.com/d12TC3.zJKx.htm
1000 de la Gauchetiere West
Suite 2400
Montreal, QC, Canada H3B 4W5
As well as Marcus Segal's SERG Park Avenue address (I think this is also the address for Strat Petroleum)
http://sec.edgar-online.com/2006/11/13/0001144204-06-046769/Section6.asp
245 Park Avenue
39th Floor
New York, NY 10167
both addresses are with alliantgroup, a common denominator
when you look into the addresses some coincidences start to happen. first, Gauchetiere:
one address match is Kytola instruments (related to kytola oy in Finland):
http://www.kytola.ca/distributors/canada.html
http://kytola.ca/
if you look at the address at the second site (1155 Rene Levesque Blvd, Suite 2500
Montreal, Quebec, H3B 2k4
Canada) and drop it into google you find that it matches something called Quest-personnel in quebec
http://strategis.ic.gc.ca/app/ccc/search/navigate.do?language=eng&portal=1&estblmntNo=234567...
http://www.quest-personnel.com
This is a company that has offices in many places. But the relevence is what we know about Segal and Hutchison and their relationship with Quest Mining.
http://www.investorshub.com/boards/read_msg.asp?message_id=20329656
Quest personnel provides professionals to work in the oil industry, I believe as well, can perhaps google more.
One more piece of the puzzle if you go to www.monimpex.com you get something called questzones. which is coincidental I suppose.
Perhaps the webs of relationships begins with aliantgroups, might hold key to monimpex, ect. finally provide a foothold to understanding these companies and their relationships.
petermc
click on my name read my recent posts at eik, consider joining discussin there re nwog, aurc, sgdm, serg, ruso - - segal hutchison. Check out the belchenko thing with aurc, and the Jalovian thing - - overlapping property ownership Nord oil product and serg volganeft (they both claim ownwership of the same property exact same iNN tax number match).
ANYONE WHO IS INSIDE ANY OF THESE COMPANIES THE TIME IS NOW TO START DEFENDING YOUR REPUTATIONS/GIVING FACTUAL REFUTATIONS TO THE RUMOURS SWELLING - - ANYONE INVESTED MUST DEMAND ANSWERS FROM THIS MANAGEMENT OR THESE STOCKS ARE GOING TO TANK.
Sift through a years worth of research on Monimpex, Parkin, makarov, nord nwog, rsm top by clicking on my name. Hope someone will share on the German boards, they're getting a lot of it wrong on the german boards.
Good luck to all, and I hope we get answers.
thanks for this instructive post
yes everything has to be seen in context of the business plan/model. I like posts like this because however I hate to admit it I know my limits: I am an educator, not a businessman and from time to time I need to learn, so thank you for insight into this business model.
i think the German sight that lucullus pointed us to is in fact making a strange allegation that I find questionable, but at least worth following - - that possibly Frick is using his german tv show a la Kramer (complete with monkey as on utube) to pump Russian stocks in collusion with Russian businessmen. I hear this kind of claim about Kramer and frankly, given that it's coming as the stock is tanking, I find it a bit dubious.
The real concern for me was the distrust serg published concerning its RSM Top audit. Also, SERG's asset, volganeft, still has same INN number as Nord Oil Product as found on its pdf documents.
I think the main thing investors in these companies need to do is to be careful to separate those who were providing the "service", and the russian ownership. It would make sense in that context that Jalovian and Kazanjian would be on the NWOG board, as you say to help sell those assets from Nord, but it can be tricky to sort out after a few sales/mergers.
I'm not leaping to conclusions concerning Hutchison and segal yet with the whole tillman/quest merger, embezzlement. It will take a lot more looking into, but I'm beginning to think that Quest got in trouble with embezzlement, and because Hutchison is in the business of finding troubled companies and using their shells for business he may have swooped down with segal and another vindincia guy in tow to get it while it was in trouble. At least that is a possibility and my hope. Otherwise he and Segal are definitely bad apples and anything "star" stargold or star energy has to be looked at with a great deal of caution. Don't know if I'll have the time to clarify the chronology of when tillman (segal hutchison) got involved, but we know that quest was criminal, so it would help to learn what the exact realtionship was.
I agree that serg assets exist and there will be a time to buy there, provided the management wasn't mixed up in the Kentucky check kiting.
there is a quest mining board, I'm going to look at some historical posts there to see if I can find anything interesting (miltrans if you are around maybe you can give some insight into quest because I see you have posted there). My feeling at this point is that segal should protect his reputation and get word out to people who can post for him that his business dealings have been clean. RSM TOP faulty audit is a huge red flag, but the current decline could indeed be part of a carefully crafted short play.
BTW my previous post were of nature of "data dump" as I have done before. Thanks for letting me use the board here to do this. Usually when I have 5 posts in a row its because I'm finding stuff that might make sense to a few people who can learn from it, but for whom it is not dangerous. it usually takes me a few days to figure out what everything means after I discover something. So please withold judgement on the mebezzlement stuff at quest . . .
Embezzlement/Check-Kiting.
RUNYON an embezzler:
http://sec.edgar-online.com/2007/04/17/0001019056-07-000364/Section3.asp
In December, 2004, Quest terminated its former Chief Financial Officer, Fred Runyon. Quest Energy, Ltd., an indirect, wholly-owned subsidiary of Quest, also terminated Mr. Runyon as President of Quest Energy. On April 7, 2005, Quest announced that, upon completion of the initial phase of an audit by counsel retained by Quest for that purpose, among others, Quest began an investigation into an apparent embezzlement from Quest and a conspiracy to commit embezzlement by some former employees of Quest, Quest's indirect wholly-owned subsidiary, Quest Energy, Ltd., and its former indirect wholly-owned subsidiary, D&D Contracting, Inc, including Mr. Runyon. Most of the embezzled funds result from Runyon apparently engaging in a "check-kiting" scheme with the complicity of his sister, Judy Holbrook, the manager of Community Trust Bank, where Quest Energy maintained bank accounts.
At of the date of this report, Quest has not quantified the scope of the apparent embezzlement or the impact that the apparent embezzlement will have on its financial statements. Quest has retained a forensic accountant to quantify the scope of the alleged fraud; however, the forensic accountant has not completed its analysis at this time.
In May, 2006, a federal grand jury indicted Mr. Runyon, Ms. Holbrook, James Daniel Stollings, and Quest's former President and Chief Executive Officer, William R. Wheeler on charges of bank fraud. In connection with the indictments, Mr. Runyon and Ms. Holbrook each pled guilty. In December 2006, a federal jury convicted Mr. Stollings and Mr. Wheeler of bank fraud. Mr. Wheeler has appealed the conviction. Quest denies any wrongdoing in connection with these matters.
The Federal Insurance Company, the insurer for Community Trust Bank, has notified Quest Energy that is seeking to obtain subrogation of monies it has paid to Community Trust Bank and repayment of deductibles by the bank as a part of an alleged criminal scheme and conspiracy by former employees of the bank and other individuals. The Federal Insurance Company has alleged that former employees or associates of Quest Energy, including Mr. Runyon, were primarily involved in the alleged scheme, that Quest Energy is accordingly responsible for the actions of these former employees and associates, and that Quest Energy obtained a substantial material benefit as a result of this alleged scheme. Quest Energy denies that it had any involvement with or responsibility for any of the actions alleged by the Federal Insurance Company, and it further denies that it has benefited from any such alleged scheme. Further, Quest Energy contends that the negligent actions and inactions by Community Trust Bank caused severe damage and loss to Quest Energy. The Federal Insurance Company has commenced an action against Quest Energy and others in Pike County Court, Kentucky with respect to these allegations. Quest Energy believes that it has several meritorious defenses and counterclaims to this action and intends to defend it vigorously.
In light of these occurrences, Quest has determined that the design and operation of its disclosure controls and procedures, as defined in Exchange Act Rule 13a-14(c) have not been effective to ensure that information required to be disclosed in its Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms, and that such information is accumulated and communicated to them to allow timely decisions regarding required disclosure. Quest is currently reviewing and revising its controls and procedures to increase the effectiveness of its disclosure controls and procedures.
hutchison takes over tillman in kentucky, changes name to quest, quest gets involved in lawsuits:
On December 22, 2003, Silvestre Hutchinson purchased 800,000 shares of our
common stock from our former President, Chief Financial Officer, Director, and
majority stockholder, Wallace T. Boyack. Concurrently with this sale, Mr. Boyack
submitted 300,000 shares of common stock to Tillman for cancellation, and these
shares have now been cancelled. As a result, Mr. Silvestre now holds
approximately 51.4% of our issued and outstanding common stock.
In connection with this change in control, Mr. Boyack resigned as our President
and Chief Financial Officer, and Thomas Harkness resigned as our Secretary. The
board of directors appointed Mr. Hutchinson as the new President, Chief
Financial Officer, and Secretary.
Thereafter, Mr. Harkness and Jacki Bartholomew resigned as directors of Tillman.
The remaining director, Mr. Boyack, has appointed Silvestre Hutchinson and Mark
Elrod to fill the vacancies on the board, such appointments to become effective
10 days after the transmittal of this Information Statement to the stockholders.
Thereafter, Mr. Boyack intends to resign from the board of directors, and the
remaining nominees intend to appoint Marcus Segal to replace Mr. Boyack.
________________________________________
tillman becomes quest minerals and mining, and gets involved in a lot of lawsuits with a lot of entities, including ashland bank
http://www.ewire.com/display.cfm/Wire_ID/3157
FILES LAWSUIT:
Quest Minerals & Mining Corp. (QMMG) has filed a complaint in the United States District Court for the Eastern District of Kentucky against Community Trust Bank of Ashland, Kentucky, and several individuals, seeking in excess of $100,000,000 in compensatory damages plus treble and punitive damages for fraud, negligence, gross negligence as well as violations of federal and state RICO statutes. Quest alleges that Community Trust Bank allowed certain of its officers and employees and several co-conspirators to engage in a check-kiting scheme that resulted in the misappropriation of at least $500,000 from Quest and damage to the shareholders of Quest in the amount of $108,325,000 by destroying Quest's ability to do business.
tillman international
Segal and Hutchison both affiliated
http://www.questminerals.com/News/pr_2_10_04.html
http://sec.freeedgar.com/displayText.asp?ID=2661374
Had some of this a while back
but this guy at german site BMO is on a tear, some really interesting stuff concerning Hutchison.
I wonder if BMO knows what I posted earlier re: hutchison's relationship with segal at Tillman international (vindincia). don't know how to reach him. perhaps from Berlin can forward some of my posts re serg, ruso.
http://www.investorshub.com/boards/read_msg.asp?message_id=18466744
____________________________
To good the latter it would be to be still clarified now why the dear Markus Frick probably makes that everything. In order to do to its readers of something property? Probably hardly, like also. Someone into worthless shares inside to send, can be probably hardly an honourable intention. Why thus then? Probably because it profits to substantial from it. If it received 10% from the estimated damage at a value of 330 millions € also only as commission, then that would be 33 millions €. How such a commission could have flowed, upon it can be naturally only speculated. Bar? By transmission of shares, which then possibly who, e.g. a trustee, abverkauft piece by piece, as the initiators also? In the connection two things, which I found in official firm documents (Filings, are remarkable) of star Energy. With star gold and soot oil one was there obviously somewhat more careful, or other ways found. To star Energy I found the following: www.secinfo.com/d12TC3.v18e6.c.htm Here it concerns the contract between star Energy and Volga Neft over the purchase from Volga Neft [euddoggwyn: volganeft is JALOVIAN firm]. With the present Treaty a mediator company was switched on, which emerges also also in the contract: IAB Iceland venture SA PO box 1290 Zone 9A Panama town center, Republic OF Panama A mail box firm (PO box) in the offshore country Panama, so which in addition. Thus is the way, how Frick receives its profit-sharing in million height? \ \ \ “For providing services as set forth in here, RK the closing OF any financing the company and star shall pay IAB 10% OF the aggregates VALUE OF the transaction consummated with one OF the Contacts or A person or group introduced by A Contact. \ \ \” 10% commission from a share transaction over 10 million shares result in 1 million shares commission. However still continues, and/or becomes still better: www.secinfo.com/d12TC3.v1H7v.d.htm Here it concerns Kommunarskoe NGDU, a second Russian Bude, which bought star Energy. \ \ \ “Seller and Buyer acknowledge that IAB Iceland venture SA (“IAB”) has rendered valuable services in connection with this Agreement. In consideration therefor, Buyer shall issue tons of IAB two million (2,000,000) of shares OF Buyer' s common stick pursuant tons of A Registration statement… \ \ \” The mail box firm was thus so indispensable also here that one retired 2 million star Energy shares as thank beautiful. Results in thus 3 million shares, which \ \ \ “branched \ \ \” are. And that is only what I could find by publicly accessible documents. Probably it gives still by far more, and/or it was simply differently made with star gold and soot oil or masked better. 3 million shares times average proceeds of sale of 3 € (Frick gentleman of its own Pushs was, could it or a trustee the sales there in the best possible way accomplish, and one could sell several-day-long too over 3 €) result in 9 millions €. There in Panama (offshore) no taxes result, are that 9 millions € net. Still the question remains, where these 9 millions hang-flowed € then are, and/or who is beneficiary there. I cannot naturally say that, I would have an assumption naturally already. If that could help the authorities with the search: As appendix I copy times the notary voucher of IAB Iceland venture purely. As results from this, the acting person of this mail box firm is a more certainly SILVESTRE HUTCHINSON.
go to this site
http://aktien.wallstreet-online.de/informer/community/thread.html?thread_id=1128514&inst_id=5596...
and start reading and google translating what they are saying in Germany about the star twins (serg, sgdm). Review my previous posts for NWOG relevance segal-jalovian.
Thanks for heads up eik, lucullus posts. would like to see the specifics on Segal's past. people picking up on ruso connection via huchison and segal common past.
The CEO's of all of these possibly linked companies need to make certain RIGHT NOW that they are showing some credibility. if all the deals are shady, they WILL without question be exposed, it's just a matter of time. The companies in question: NWOG, AURC, SERG, SGDM, RUSO. specifically for NWOG, they need to explain the role of Kazanjian and Jalovian NOW. Also we need to know what's going on with rsm-top that they could do these audits.
____________________________
sample translation from the site:
As if that would be all not yet enough, one draws now the third such Bude up, and naturally everything is still more largely, still more extreme: Russian Bude No. 3, which pusht Frick: Soot oil (www.russoilcorp.com) Here one carries the Russia purchase even directly in the name. Star as a name component was probably too ausgelutscht, and/or with the two shares star Energy and star gold had made at this time already too many people of losses. Oh, and this time one takes oil as raw material, not to gold. Same pattern as before: An actually completely worthless stock exchange coat (Cassidy Media) renamed in soot oil. Here one had it particularly hasty, who knows, how long that can be done everything still well. To 30.4.2007 the Bude was called still Cassidy Media, however directly times a 1 28.5-Split, which let the share number explode formally, with the book value of the shares however \ \ \ “something made the right-of-comma positions \ \ \” increased. New book value per share: 0,00001 $. New share number: Already printed (issued and outstanding shares): 342.000.000 (in words: 342 million shares). Still printable (authorized shares): 14.250.000.000 (in words: over 14 BILLION shares) If one has so many shares, one must naturally also which thereby make. Thus one designates oneself by fusion over in soot oil. That was by the way only scarcely one month ago, to 2.5.2007. All information mentioned inclusive share number is to be reread here: www.secinfo.com/d12TC3.unjd.htm And with these many many many shares, which one can use as virtual currency, one buys now to 31.5.2007 the company Smolenergy, naturally likewise from Russia. To information to this purchase see www.secinfo.com/d12TC3.ut4m.htm One pays again by shares instead of by money, because of it one has unfortunately none. As said, this time everything should go completely fast. Umbennung of the Bude, purchase of a Russian Bude and beginning of the Frick Pushs, everything within only 5 weeks (Frick Push began at the beginning of of June). Whether there probably already someone knows that this any longer for a long time well cannot go to mirror-image moose and therefore everything temporally completely tautly accomplished? In any case one is to have Smolenergy according to Frick Kaufempfehlung oil reserves in BILLION HEIGHT. This time not millions, but billions. Finally one must always offer an increase to the readers. Always did not confirm resources like available, geological appraisals likewise none. This time Frick writes even risk class \ \ \ “very highly \ \ \”, with star Energy and star gold was it still \ \ \ to “means \ \ \”. However he forgets also here in his purchase report times again to mention all risks because also this company does not have no money likewise, and confirmed resources gives it. To that extent the reference is very highly \ \ \” also only fadenscheinig \ \ \ “risk, because the purchase report conceals all risks. This third (and probably last) Russia Push (assume before a possible fourth such Push switch the authorities the Frick first times the light out) is naturally the piece of gloss: 342 million shares are already printed, up to 14 BILLION can be printed. Whether it the purchasing power of its readers somewhat does not overrate there? Or whether the backers could not get the neck there fully? Even with the 342 million shares already printed the Frick readers might be overtaxed from the purchasing power, because with current course (1,20 €) an swindle-exciting MK of 410,4 millions results in € (342 million shares x course 1.20 €) Opposite stands: No money and did not confirm, but only maintained resources in billion height. If the taken over company (Smolenergy) were actually werthaltig, why the owners sell then their company in response for before completely worthless shares of a failed medium agency (stock exchange coat named Cassidy Media)? This question applies naturally also to the 2 Russia Buden drawn up before. Why did the Russian shareholders with worthless shares let themselves be paid? Was nevertheless already from the outset planned there to use the worthless shares the Abverkauf and it thereby make werthaltig in the form of taken in money of investors in good faith. In any case on the first day of the Frick Pushs 80 million shares were already converted. Frick set a first course goal of 1,80 €, so that its readers buy the Bude heedlessly. That the Bude is overestimated already now roughly with factor 1000 (more, book value of the shares is actually 0,00001 $, course 1.28 € is the 128.000-fache of it), naturally by Frick in no word mentioned. One set this time the starting course for Clevererweise low. Fricks buying rate for its virtual depot was 0.80 €, on the subsequent day the share directly with 1,10 € opened, the average buying rate of the readers was approx. 1.20 €, in the point until 1.40 €. Now perhaps many think that 1.20 would be proper favorable € compared with the starting and maximum rates of the 2 other Frick Russia shares . Daß der Kurs an sich nicht relevant ist, sondern nur relevant ist in Verbindung mit der Aktienzahl, erwähnt Frick natürlich mit keiner Silbe. Ohne den erst vor 5 Wochen durchgeführten 1 zu 28.5-Split wäre der Aktienkurs jetzt übrigens bei 36,48 € (1,28 x 28.5). Na, immer noch günstig? Fakt ist, daß die Bude bereits jetzt fast die MK hat, die StarGold in der Spitze hatte. Daß die Aktien eine solche hohe Bewertung nicht halten können, ist völlig klar und sieht man an den Kursverläufen von Star Energy und StarGold. Trotzdem wird hier von Frick gepusht bis zum geht nicht mehr. In der E-Mail-Hotline vom 8.6.2007 z.B. behauptet er, daß Russoil ohne den schwachen Gesamtmarkt wohl schon bei 1,50 € stehen würde. Diesmal hatte man es wie erwähnt besonders eilig. Über 100 Mio. Aktien wurden bereits umgesetzt. Der Schaden und somit auch das transferierte Geld (das Geld der Frick-Leser ist ja weg, weil in wertlosen Aktien investiert) dürfte somit auch bei dieser Aktie bereits die 100 Mio. € Grenze überschritten haben, und vermutlich ist auch dieser Push wieder auf mehrere Wochen ausgelegt, wie Star Energy und StarGold auch (bei beiden konnten die Initiatoren über Wochen hinweg ihre Aktien abverkaufen). Insofern hat man hier wohl noch einiges vor.
thanks for the two posts
Some stuff to follow up when I get time.
this article
was written just before Malyshev visited Jordan in conjunction with Putin's Middle East Tour:
_________________
http://www.neurope.eu/view_news.php?region=7&id=69909
Jordan invites Russian companies to bid for refinery construction
EnergyRUSSIA
3 February 2007 - Issue : 715
Jordanian Ambassador to Russia Abdelilah Mohamed Ali Al Kurdi has encouraged Russian companies to join the construction of an oil refinery in Jordan. "We are inviting Russian oilmen, who have vast experience, to pay attention to this project," Al Kurdi said at a press conference in Moscow on January 31. Jordan has only one oil refinery now, and the country's government plans to organise a tender for constructing one more, Interfax quoted him as saying. "There are no obstacles for Russian companies to start working in Jordan, and we invite them to consider the opportunities available," he said. Jordan is considering another major project now, which would provide natural gas to households, costing about USD 1.5 billion, Al Kurdi said. The project envisions the construction of a distribution pipeline network in Jordan and the extension of a gas pipeline from Egypt to other countries, he said.
http://biz.yahoo.com/iw/070426/0244563.html
"The approximate price of the asset constitutes 80 million USD. The financing of this asset will be performed through raising funds on the part of VTB bank."
VTB bank is an old established and politically well-connected bank.
____________________
the clue to find out who the merger partner is: who has five subsidiaries in the saratov region? BP? gazpromneft? ect. ect.
" five subsidiaries on the territory of Saratov region with the total reserves volume by categories C1 (recoverable reserves) - 1,330,000 tons (9,709,000 barrels); C3 - 1,305,000 tons (9,526,000 barrels); D1 - 48,400,000 tons (353,320,000 barrels); and with the production performance of 144,000 tons (1,051,200 barrels) à year."
I wish i knew:)
Perhaps someone can win the sweepstakes on who the merger partner is and we can use that info to figure out whether this will be a 2$ stock in two weeks or not lol. Shameless pump.
ok merger partner
SNG a different deal, not merger partner.
I think you posted Your speculation on who has those kind of saratov assets described in the merger PR. I'm too lazy to find it if you care to re-post as part of the speculation sweepstakes re who it is.
Anyone else have a Google bug to start looking into who matches the PR description? without blashpheming, anyone who can say would be a true "god" (small g and only one of many including eik):)
on sng - - do you think the June 14 date still applies eik? This could explain some excitement recently . . . if it pans out (we have been SO disappointed so many times).
Jordan deal
Malyshev visited Jordan february 12-14
http://biz.yahoo.com/iw/070222/0218709.html
the jordanian visit corresponded to putin's visit to the region february 11-14th. on 13th Putin in Jordan.
"What Putin may have been referring to was the recent agreement between Russia and Algeria, another major natural gas producer, on coordination of investment and marketing."
http://www.cdi.org/russia/johnson/2007-39-39.cfm
http://www.saag.org/%5Cpapers22%5Cpaper2154.html
http://english.people.com.cn/200701/31/eng20070131_346221.html
will post more articles about Putin's trip, which allowed Malyshev to meet officials in Jordan to get some idea o Russia's strategy in the Middle East and where Creditline/Nwog might fit in. I found the Algeria reference in the one article very interesting.
who is the merger partner sweepstakes
some clues
http://biz.yahoo.com/iw/070426/0244563.html
is it SaratovNefteGeofizika?
http://www.investorshub.com/boards/read_msg.asp?message_id=19287334
Does anyone like a mystery? The date is set for June 14th meeting if eik's post has relevance.