Replies to post #6392 on Strat Petroleum Ltd (SPRL)

[TraderRich]

Here ya go eik...

Straight from the SPRL website...

http://www.stratpetroleum.com/company.html

Our People

H. Sam Hyams
President & CEO of Strat Petroleum Inc.

Mr. Hyams holds a Masters Degree in Business Administration from York University in Ontario and is a Chartered Accountant. His extensive experience over the past 20 years in Canadian industry and on the international scene has included positions in finance and accounting to assisting in establishing new ventures by securing financing, and managing their business plans. Mr. Hyams has also acted as a consultant to small and medium sized businesses, advising them on strategic plans for growth, acquisitions and divestitures.

Chaim Flatt
Executive V.P. Business Development

Mr. Flatt holds B.Sc. Degree in Mechanical Engineering from the Kaunas Polytechnic University in Russia. He brings over 30 years of knowledge, experience and network of contacts developed in the areas of project development, financing and international trade. Mr. Flatt is President of Arad Energy Products Co. which has been involved in projects in the Russian Federation and other CIS countries since the late 1980’s with focus on the natural resource sector. In the past few years Mr. Flatt has concentrated on trade of oil and oil products, which has allowed him to build a very good network of contacts in the Russia and the CIS.

Lev Perelman
Consulting Engineer

Mr. Perelman holds BS and MS degrees in Civil Engineering and gas supply systems from the University of N. Novgorod (Russia) and holds BS degree in Power Engineering from Southern Alberta Institute of Technology of Calgary(Alberta, Canada) In Russia he was employed by Gasprom and has been actively involved in oil/ gas, development, processing and consulting since 1973. He was involved in the development of the Volga transgas” and Moscowgaspipeline” oil and gas pipelines.

[TraderRich]

eik...

Your post, although well written, gives me the impression that English might not be your first language. Do you happen to live in or be from Europe? Perhaps even Russia?

If I'm off base here please forgive the misinterpretation. If I'm correct, I would be interested in you sharing your point of view on the current political climate in Russia, if you have any knowledge or perspective on such, since the media in the U.S. seems to think that world news has more to do with sob stories of people not being able to afford their twelve drug prescriptions and how Brittany is currently abusing her baby.

TIA.

Rich

[eik]

An example of similar business in the same region (Tatarstan, where Strat plans to expand these operations):
Tatoilgas, a joint venture of TatNeft with the German firm Mineralol-Rohstoff-Handel, GmbH. Tatoilgas recovers oil from sludge that is stored in sludge ponds. TatnNeft has also JV TATEX which installs vapor recovery equipment on their oil storage tanks. “All of our storage tanks have such equipment”.
http://www.tatoilgas.ru/e1.html
http://multiphase-research.org/web-content/MPUR/MPUR%20Archive/MPUR%2002/03-Badretdiniv~TATOIL.pdf
I don’t know whether Tatoilgas covers all needs of TatNeft for this kind of operations, but the point is: there are competing businesses over there. And Strat needs to find it’s place in existing oil processing structure. I wonder who is the “Russian Company” they are working with in “Strat Nafta Ufa"?