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cliffvb

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cliffvb

Re: None

Friday, 06/17/2005 10:55:16 AM

Friday, June 17, 2005 10:55:16 AM

Post# of 173815
CHAR and Oil in Khazakstan.. The leader of that country wants to adopt new rules requiring more transparency in the country's oil sales to fight corruption there. Corruption has been a big concern of companies and their investors who operate in the region. This is something oil companies have wanted and should particularly benefit companies like CHAR, which is currently up 20c to $2.90...It is by far the cheapest oil company out there, IMO. They expect production to grow from 8000 to 14000 bopd by the end of the year.

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh17754_2005-06-17_14-22-57_ste...
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