Oil closed today at 57.00 a barrel which would make that field worth in the neighborhood of 8 billion bucks....Half ownership would be a measly 4 billion bucks....Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!!!!!!
Search for Dun & Bradstreet reports on this company.
Address: 23 Alafaya Woods Blvd. Suite 140 Oviedo, FL 32765 USA
Phone: 407-574-6623
Business Description: International Energy, Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas. The company's vision is to establish and enhance the company's foundation for future growth by developing properties that provide a balance between short and long-term reserves in both the oil and natural gas markets. Oil and gas-related activities will include acquiring additional properties with potential for development and drilling. The company will work to establish and maintain a significant inventory of undeveloped prospects. The company emphasis is on production, cash flow and reserve value, which will be attained by exploring for, developing, and purchasing oil and gas properties worldwide.
Primary State of Incorporation: California
Country of Incorporation: USA
Officers: David Watson, President/CEO; Brenda Watson, Secretary
Outstanding Shares: 112,325,508 as of 2006-12-05
Estimated Market Cap: 235,884 as of 2007-01-29 (based on Outstanding Shares as of 2006-12-05) Authorized Shares: 500,000,000 as of 2006-03-08
Current Capital Change: shs decreased by 1 for 1000 split Ex-Date: Record Date: Pay Date: 2006-03-08
Dividends:
Company Notes: Formerly=Pacific Coast Apparel Co., Inc. until 7-05 Formerly=BDW Holdings, Ltd. until 3-06
Class Notes: Capital Change=shs decreased by 1 for 1,000 split. Effective date=7-29-05
Transfer Agent: Select American Transfer Co., Toronto, ON M2N 7G2
International Energy, Ltd. Has Signed LOI to Acquire 50% Interest in Oil Fields Located in Central Asia International Energy, Ltd. (PINKSHEETS: ILGY) has 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.
The joint venture partner in this project will be the Kazakhstan government. The purchase price of US$12 million will be applied to upgrading equipment to increase daily production at these fields.
CEO David Watson stated: "Kazakhstan provides a great opportunity for the realization of our company's strategic objectives due to the enormous oil and gas reserves in this region."