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metical1

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metical1

Re: None

Tuesday, 01/30/2007 9:13:56 PM

Tuesday, January 30, 2007 9:13:56 PM

Post# of 49275
Hey guys...this from one of their press releases..."Just recently International Energy, Ltd. (Pink Sheets:ILGY.PK), signed Letters of Intent to acquire 50% interest in oil fields located in the Atyrauskeye and Mangystauskeye regions of Kazakhstan with proven oil reserves of 140 Million barrels."

I'm not sure how much a barrel of oil is but I know I am not smart enought to calculate what exactly this amounts to in dollars if I did know the value of a barrel of oil...Maybe one of you more bright traders here could figure it out???




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