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avandalay05

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avandalay05

Re: None

Sunday, 05/22/2005 10:43:45 AM

Sunday, May 22, 2005 10:43:45 AM

Post# of 173778
KRSYF...Kroes Energy
Very small Jr. Candadian O&G...has had trouble with their Kashtan partner to take over field operations. Also has had trouble acquiring the remaining 55% of Kashtan partnership from Naftogas... I'm thinking these privatization issues get resolved and Kroes can lead the development effort at Lelyaki in the central Ukraine. It looks like they are anticipating a private placement in '05. Similar to TGA way back when I am assuming this will be positively viewed for pps....Bobwins - any thoughts?

Art

****My uninformed opinion only...do your own due diligence****

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