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Liarspoker - Wed, 21 Dec 05 :

Thanks ZENGAS,

From your previous post you mention, in a roundabout way, that the Turnover / PTP margin is about 37% which sounds about right. I noticed that BUR has a margin of over 50% which is actually a nice money spinner.

I suppose that we could apply the same margin ( 37% ) to Tamdykol. We know that the first well was a dud but NEK has extended the agreement to 10 wells, so we can assume that some oil will be found. Would you like to have a guestimate as to how much oil we might see from Tamdykol ?

I think that they were expecting about 34 million barrels of oil from Tamdykol, what are your views on this number ?

TIA


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