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Just sitting here staring at this sinister little cartoon of a little animal of some sort. What could it mean:)?
>>>Major economic activities of the Company’s affiliates; “Dovgan & Co” LLC and “Mayskaya” LLC are focused on production and sales of gold by means of direct sales exclusively on domestic market in Russia. The majority of sales (about 50%) is underway to two Russian banks: AVANGARD OAO Joint Stock Commercial Bank and VOZROZHDENIJE, OAO Joint Stock Commercial Bank. This is executed primarily under the agreements between “Dovgan & Co” LLC and indicated banks that stipulate the volumes of delivered gold. The said agreements are registered according to the applicable Law with the Ministry of Finance of the Russian Federation (GOKHRAN State Agency).>>>>
avangard was one of two offshoots of uralsinvestenergo (along with samara resurs); samara resurs is the name on Nord license - - signed on behalf of Nord Oil Samara by S.P. Rutskiy.
http://www.aton.ru/ru/about/publication.asp?id=123226&page=49&order=source&type=publication
29.05.2006
The Swedes called Makhno. The head of JSC "Saneko" became a former top manager SIBUR.
Swedish company West Siberian Resources (WSR), the owner of ZAO Saneko, Oleg Makhno appointed general manager of the company. Before manager tasks of doubling oil production in the Samara region, which "Saneko" provided investment of 700 million rubles by the end of the year.
ZAO Saneko "stepping up its presence in the market of Samara" oil. Earlier this year, the company came under full control of the Swedish West Siberian Resources. In the January communication WSR said that the amount of the transaction was $ 140 million, of which $ 70 million paid in cash, while the remaining dopemissiey WSR in the same amount (12.8% of the authorized capital).
Three months after the announcement of the deal ZAO Saneko headed by Oleg Makhno, before that worked as Director of Commerce Yaroslavl Tire Plant, a body of the AK SIBUR. Former top-management "Saneko" has been dismissed. Former shareholders' Saneko "became, in turn, co-owners of WSR - it is in their interest to DTEK was held Swedish company shares.
The amount of transactions in equity "Saneko" in the $ 140 million was an unprecedented Samara oil to the market. For example, last year the American oil and gas company Amerada Hess Corporation bought a 65% stake in Trabant Holdings International, which owns 100% of the shares of ZAO Samara-Nafta. " The amount of the transaction was $ 25 million, as general manager of the enterprise became Semyon Kukes. Same WSR summer of 2005, the company acquired "Pechoraneft, a more substantial and mining stocks than the" Saneko, for $ 115 million, it is true, by paying the full amount "live" money.
According to Oleg Makhno, WSR has set "Saneko" target by the year 2006 to double the volume of the region's oil. For this to the business to be invested 700 million rubles. "Saneko is developing in Samara Region 3 fields with recoverable reserves of industrial categories of about 8 million tons, and also owns the license for exploration of the promising sites. Furthermore, "Saneko" have an infrastructure for the independent oil exports - two small liquid railway trestles. Last year the company produced 284 thousand tons of oil. To increase oil production, this year will be 4 wells drilled on Kochevnenskih fields, where the company has been working, as well as intensified existing wells.
According to analysts IG "Aton" WSR Parish in Samara Region is the appearance of serious player in the market of oil production. Given the available capacity at "Saneko and its infrastructure in certain investment in the company's production is the power of doubling oil production. Moreover, available "Saneko" oil stations have the recoverable reserves.
Oleg Makhno, general director of JSC "Saneko":
-- When you were appointed to the post Zukhra "Saneko"?
-- Appointment happened. April. I think this forecast, as the company has changed ownership. Until the end of the year program approved investment amounting to 700 million rubles. They mostly go towards the development of Kochevnenskih deposits.
-- Where the company and worked?
-- "Saneko" began with Bezenchuka. Kochevnenskie deposits emerged later. We are going to dig wells within 4-mentioned investments.
-- This year's auction started on deposits in the Samara area. "Saneko is planning to take part in them?
-- I can not answer clearly, as this is in the parent company.
-- How do you assess the prospects for "Saneko" on the oil market of Samara?
-- challenge before us is to increase oil production in Samara until the end of the year twice. Today, we get an average of 25 thousand tons per month. According to the plans, we should increase it to Makeevskom field from 12 thousand to 18 thousand tons per month, while the Kochevnenskom from 10-12 thousand to 30 thousand tons. I see no reason not to perform serious data of the problem.
-- The company invests their money or borrowed?
-- We received money from the parent company. Now scheduled to issue bonds to raise funds. To date, in order to understand how the company has grown in two years, I would say that the level of capitalisation WSR changed from $ 100 million to $ 1,1-1,2 billion The principle of the company is simple - take cheap money abroad and invest them in Russia. In allocating funds for oil activities "Saneko" in the Samara region are on course. It is necessary only to order them correctly.
-- Representatives of the former management "Saneko" left to work in the company?
-- left all but the top management of the company. The deal to acquire "Saneko" went very smoothly. Former shareholders' Saneko "have become shareholders of WSR, with the major.
-- Where ships its own oil "Saneko"?
-- Our markets are now mainly in Belarus, and Kazakhstan. In view of the political developments in Belarus, I think that might be some problems with that country.
-- Is the transport of oil through the pipe "Transneft?
-- It depends on the economy issue. We now appreciate the level of investment for the construction of the node accounting, and if the returns will be within 2-3 years, we will be sure to do so.
imperial possible connection is the imperial shopping center/cerruti/florian possible associate LE tarazanov -- the general director name of Alliance RK on the Nord kommynar property license. Probably just coincidence alliance and imperial in same cluster esp if yemelyanov has links to WSR
will check for links, maybe eik can help, I could be all wrong. My memory fades:)
yemelyanov liscense to Nord was in name of reimpeks samara neftepromisel in 2001.
But in october 2006 is this report:
http://u-volga.ru/readnews/7363
Swedish company West Siberian Resources (WSR) has sold 100% of the shares of ZAO Samara Rosimpeks neftepromysel, which owns the license for Emelyanovskoe deposit in the Samara area. The amount of the transaction was $ 7 million Emelyanovskoe deposit belongs to the group of assets ZAO Saneko "WSR which was acquired in February this year for $ 140 million
The site is located 100 km from fields being developed in the Samara area WSR. At the time of the acquisition cost of Saneko Emelyanovskogo deposit was estimated at zero because of the characteristics of oil at the site (the so-called "heavy" oil with high viscosity). According to the DeGolyer & McNaughton, proven oil reserves at the site are 0.3 million barrels, possible - 1.1 million barrels.
WSR Net income from the sale of the asset was $ 6.9 million That was reported by agency AK & M ".
_________________________________
saneko = samarskaya neftyanaya kompaniya
http://enc.ex.ru/cgi-bin/n1firm.pl?lang=1&f=1941
SANEKO "CC" (SAMARSKAYA OIL COMPANY) for the first time declared itself in 1996, won, to the surprise of famous competitors tender for the development of the Samara region in three small oil fields: Kochevnenskogo, Novo Emelyanovskogo and Kiev. Many then rushed to announce the first success of a small business casual, in the belief that oil production - a prerogative of companies with powerful industrial potential. However, the company has continued to surprise fantastic players in the oil market.
Despite the fact that for objective reasons SANEKO proceeded to direct the work of the field with some delay, the consumer has already shipped 150 thousand tons of hydrocarbon raw materials from wells Kochevnenskogo Novo Kiev and crafts. This company contribution to the economy of the Samara region amounted to 200 million roubles. When the design capacity will be released on all three deposits, investments in the region will exceed 600 million rubles, and the annual oil production will be increased up to 500 thousand tons.
While all that is being done SANEKO "CC" in drilling, production and transportation of oil, is not beyond the scope of traditional technologies, the experience of this company - a new word for the industry. The development of small fields is of great significance for the country's economy. Today, the most effective work has been a small collective of professionals capable and able to correctly solve any problem.
vice president artos sarkisyants
http://www.szng.ru/ruk_e.html
Artos G. Sarkisyants
http://www.joblist.ru/mpb/rb.pl?Action=srh&spec=92&start=0&lastdid=&firstdid=3512827
Head of the department
salary of $ 5000
Profession: Banking specialists experience over 5 years
Profession: Directors, managers, experience over 5 years
Major: Konalting, experience over 5 years
Experience of leadership: Guide business unit
City: Moscow | Education: High | Date of Birth: 1959-11-13
Sarkisyants Artos> <> <G.
Key skills
Economic and financial analysis, planning and forecasting, optimization of business processes, debt instruments, project financing, directing the Treasury, corporate and business analytical unit
Experience
Open: c 08 2006 to present:
Position: Head of Analytical Group
Company Name: UK "Financial Capital Trust, Moscow
Description of the company: Consulting
Job functions, functions, achievements: Macroeconomic and financial analysis, market analysis, examination of investment projects
Open: c 09 2005 to 06 2006
Position: Deputy Director, Department of Corporate Business
Company Name: Globex Bank, Moscow
Description of activity: banking
Job functions, functions, achievements: Business planning, development of performance indicators, macroeconomic and financial analysis, budgeting, developing strategy, optimization of business processes, to attract customers
Open: c 09 1980 to 07 2005
Company Name: VBRR, Vneshekonombank, Sberbank, Vneshtorgbank, Moscow
Description of activity: banking
Job functions, functions, achievements: Book analytical unit, the Treasury debt instruments, project financing
Substantive Education
Name of school: Moscow State University. MV Lomonosov
Faculty / specialty: Economic
Ph. D.
End of Year: 1988
Staff development / courses / Training
Name: Eurobonds
End of Year: 1994
Tests / Exams / Certificates
Title: Financial Management
Organization: AIC, Springfield, USA
Result: MBA
Putting: 1993
Foreign languages
French: basic knowledge
English: speak freely
Hobbies in their spare time
Sports, books, music
Agree to travel
Marital status: are married
__________________________________
AIC, Springfield, USA
http://www.aic.edu/pages/1.html
John Helmer
Author of ABV article
http://johnhelmer.net/?page_id=2
do you see any connection arkadia travel and bk arkadia, or just name coincidence
Looks like so about the jury. RSM will need to settle just to not be tainted - - let alone automatic loss.
I have to believe some disgusted employees in branch RSM McGladrey offices are going to protect their name and demand that this empire admit wrong, come clean, and join the investigation to root these people out.
I truly wonder if branch employees are going to tolerate a full defense, especially since the little guy accountants can easily get a gist of what happened just by reading your board.
They have a right to be disgusted and angry as much as anyone, and if this firm doesn't watch it its own employees will start suing them for jeoapardizing their jobs.
I wonder where do the shareholders who bought at 7$ fit in. Do they have to resort to private suits? I believe many will, including some Germans who were pretty hot last year. As you know their beef was that there was a corrupt promotion scheme going on with a German TV Kramer type.
interesting development
thanks for this information
OT apologies to board
It was pointed out to me that a response I made to benz contained a link that had further links at the bottom of a graphic nature that i did not notice that were inappropriate and hence the message was appropriately deleted.
i apologize and want to make clear that I would never knowingly forward or promote these kinds of things if any of you saw that. My apologies. You never know what you're coming up with when you google. . . .
This is a historical problem.
In the 60's when trinity was founded UCC churches did not encourage expressive African American style worship. Howard University, for example, forbade gospel singing. There was an idea that if something was Africentric that it was somehow not christian. Pastor Jeremiah Wright, along with scholars like James Cone and Dwight Hopkins challenged these ideas. They were unapoligetically africentric for their congregations.
Many have reacted to the "unapologetically Africentric" statement, but if you think about the historical context it makes sense, and it is no more exclusionary thatn your average Greek orthodox or Swedish Lutheran church.
Trinity is an open and accepting church. i have seen it. The portrait you are trying to convey simply is not true.
Here are some of the writers that you probably have not taken time to consider. You do not have to fear them. They are Christian. But they will challenge you, and perhaps that is a good thing. You will have to decide - - so some info:
Trinity and Wright:
http://findarticles.com/p/articles/mi_m1058/is_11_124/ai_n19328537/pg_1
james cone:
http://cas.uchicago.edu/workshops/rrtpm/Dr.%20Cone%20Biography.htm
dwight hopkins:
http://divinity.uchicago.edu/faculty/hopkins.shtml
no intention to mislead eom
ran across letter to sec
re reserve reporting requirements
I do not necessarily agree but here is this english professors opinion.
http://www.sec.gov/comments/s7-29-07/s72907-1.htm
My viewpoint is guidelines for reasonable certainty should be more strict.
Another case in point. Some companies buy and sell reserves, proven and unproven, then taunt the public with claims of drilling operations will begin soon on claimed vast reserves. Truth is later discovered, a company did not have any intent to move into production, no drilling took place. These are companies which make wild claims about proven and unproven reserves based on data which is very old, data developed by companies decades back before modern technology. A recent example of this is the North West Oil Group, former NDOL ticker, today NWOL ticker. Shareholders lost millions of dollars on this Russian Company once word came out the company is a scam operation which buys and sells worthless reserves like baseball trading cards. Many claims were made by this company about reserves, which later proved to be worthless reserves.
Reasonable certainty did not protect the public from this scam Russian company, the North West Oil Group.
I contend only proven reserves should be reported as assets. Unproven reserves should be allowed in news releases but not allowed to be claimed as assets other than the actual value of the land, not the unproven reserves.
edit:
researching Kiralynne Schilitubi ran across this:
http://www.interactivecode.com/perl-18/faq-3-23-how-can-i-49359-2/
purl girl?
Foolish troll Kiralynne Schilitubi (AKA callgirl AKA Godzilla AKA Purl
Gurl) wrote:
Didn't you know? Your combination of pomposity and stupidity is quite
droll.
You really ought to learn basic English grammar, from someone more
mainstream than Yoda!
I think you are confused about the distinction between "self" and
"identity".
I think you're right.
Thanks for the insight.
drew hasselback
NWOL seems to have caught the attention of Canadian National post (Toronto based) financial writer Drew Hasselback
http://network.nationalpost.com/np/blogs/fpposted/archive/2007/11/23/russian-oil-company-replaces-conference-calls-with-email.aspx
about national post:
http://www.nationalpost.com/
referenced here:
http://www.yorku.ca/nathanson/CurrentEvents/2002_Q1.htm
(look under "money laundering"):
Source: Drew Hasselback. “Lawyers get temporary exemption: Money laundering law.” National Post. January 8 2002
more about him
http://www.naymz.com/search/drew/hasselback/327721
http://www.panamericansilver.com/investorrelations/conference_calls/Dukatsale.htm
http://www.secinfo.com/dVut2.vajf.c.htm#1stPage
Don't know if this was just a quick blog for hime (probably).
happy new year brent! eom
Happy new year eik!
Thanks for your board. 2008 will be a new year.
--E --
Now this was an interesting read.
We've discussed some of this before re certain names.
unfamiliar with group "transparency international " in Russia that is mentioned. have you ever contacted them or some of these other reporters watching this?
Do you have a theory that you would like to share boldly where NWOL fits into this configuration.
Maybe best if west supports medvedev. These Siloviki are scary. Sounds like the gazprom/Rusneft battles of past and present re divisions in kremlin.
What an amazing epic story, endlessly facinating.
ot
Maly over Moscow
It may exist, but it no longer has a livejournal site: it has gone kaput:)
http://szng.livejournal.com/
ot
It's official . . as if it matters:
malys been replaced by a bottle of champaign!:
2006
2007
No more on this topic i promise
wondered if you looked at these pictures. i think a few folks knew how to look at this equipment, would be interested if we can figure out if this stuff is going to work or not, and where these wells are, what fields they belong to.
http://www.nwog.info/12/
Thanks eik,
confess i didn't realize about the Malyshev photo last year thanks for clarifying; interesting on the job posting i hope it's you who will be doing the road show.
Have you looked up new-york st. petersburg company ois malyshev past? I'm getting a telecom company(?) - -
Another christmas greeting
argh, look at the custom label - - champaign, not vodka . . . last year it was Malyshev next to the xmas tree . . . perhaps this year they thought a bottle would be more attractive - - or at least less likely to be used for a dart board.
http://www.szng.ru/
Julia at the event
translation of livejournal entry:
http://szng.livejournal.com/
December 8, 2007 JSC "Northwestern Oil Group" (SZNG) sponsored an "XVII Sports festival" We praise young Moscow sports fans with limited physical capabilities. " In addition to the sponsor's contribution, which helped in organizing the competitions, Northwestern Oil Group has also produced Special prize SZNG-computer-one of the groups of participants in the competitions. The award from the hands of the Director-General of the company Sozinoy Yulia Vladimirovna (in photo) received the guys from school sports detsko-yunosheskoy Moskomsporta № 30, won in over 4 h50m with the result of 3:03:14. This is a boy with injuries locomotive (PODA). The second and third places in the team have taken the form of boarding schools for disabled children 76 (3:08:83) and get 80 (3:18:80).
Video of events can be found here: http://news.mossport.ru/news_browse.asp?NewsID=429
thanks we'll figure this out somehow eom
Didn't intend to sound confrontational
It's no secret i now officially hate these people for deceiving me into buying 25x value. yes i was an idiot and you owe me nothing. Good luck with your trading - - as long as it is "trading" and not trusting these vipers who have stolen our money. i think you got that covered and don't need to hear from me. always admired your moderating
I gave them, and my money, every chance. i don't think I was ever a pumper, however, except perhaps in the early days. i've been gone after by gj,ibreken, dI as well as by sometimes right, ect. So, right now I wish I could believe, but until some basic info is provided, as I have told them to their face, my assumption has to be they have stolen our money.
right now i am looking at maly's bio at the new website and seeing a glaring 5 year gap that is unexplained between NWOG and his previous work.
The man needs to tell us who he is, and who he works for. We need to know who owns this company, and we need the names of the lawyers they claim to have hired to go after dishonest investors. in the mean time, they deserve no rest. check out my latest post at another site for a hint at the startegy i believe we all should pursue.
This company needs shock therapy.
Sorry, but given the past of this company I won't believe they have anything to do with Noor.
Unfortunately NWOL's character has been such that i would not put it past them to read the news reports that Noor got the contract and then post on web a bogus relationship with Noor.
I just am not buying anything with this company until they prove that they are not criminals who steal money.
I would love to see absolute proof they are working with Noor, but like always they will not provide it. All trust is gone, and i assume that they are posting bogus info.
Not to be prickly, but maybe because everything they have said thus far has been a lie! That might have something to do with the skepticism don't you think?
I can't believe you are even considering putting more money in this sink-hole.
Maybe you, benz, and this video can revive the ribbentrop-Molotov pact.
No connection to "dear George" eom
EIK has it right:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24925832
If decent people can’t work for the company, then decent investors can’t invest in it. Elena is leaving her PR position in NWOL, and I am leaving the camp of “honest shareholders”. I am going to keep my place in the club of “honest flippers”, though. :)
Today was the worst news for NWOL investors and for Ernest Malyshev since the company pursued its public share program on the U.S. pink sheets. The only PR person that investors have ever trusted - - Елена Пристанская - - Elena Pristanskaya has indicated that she will be leaving the company, along with the other PR person Tatiana Sazonova. It appears as if the entire PR team of SZNG has decided to leave their coveted jobs. They are indicating integrity and independence as they do so.
Today was the worst news for NWOL investors and for Ernest Malyshev since the company pursued its public share program on the U.S. pink sheets. The only PR person that investors have ever trusted Elena Pristanskaya - - has indicated that she will be leaving the company, along with the other PR person Tatiana Sazonova. It appears as if the entire PR team of SZNG has decided to leave their coveted jobs. They are indicating integrity and independence as they do so.
_____________________________
“From this day on I move to another project, and starting from December SZNG shall have another PR person. Also Tatiana Sazonova is going on with NWOL.
Thank you for all your help and cooperation.”
http://szng.livejournal.com/2020.html