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Gold/Mining/Energy
TYK (VSE) Tanganyika Oil
An SI Board Since October 1996
Posts SubjectMarks Bans Symbol
500 11 0 TYK
Emcee:  Ron Anderson Type:  Unmoderated
Well, I have been looking around the net for other small time investors
who have learned something about TYK. I got into it a little while back due to the fact the big boys seemed to be the only ones playing it and Lundin is involved. With press releases finally coming out, it won't be long before the masses start to get in:

"Tanganyika Oil Company Ltd., announces that the Mita-1 well was spudded at 14:00 hours on October 3rd. This well is the first of a two well, onshore oil exploration program on the Mandawa Block in Tanzania, Africa.

Mita-1 will be drilled to 7,000 feet to test the giant 125 square kilometre Mita Prospect at basement level. This prospect, which has more than 1,500 feet of structural relief, has potential oil reserves in place of 4.4 billion barrels.

An official spud ceremony was held for the Company with a television crew on hand to record the event. Mr. Adolf H. Lundin joined Tanzanian Government dignitaries at the drill site for the proceedings.

The second well, known as East Lika-1, will be drilled to 6,000 feet to test a 30 square kilometre structural closure with 700 feet of structural relief. This prospect has potential oil reserves in place of 640 million barrels. Drill site preparations have already begun."

Anyone else following this company?
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ReplyMessage PreviewFromRecsPosted
50030/10 GMT 22.24 Tanganyika Oil - TYK:TSX - TYKS:SAX - Sinopec Prospectus * Greywolf110/31/2008
499Chinese National Petroleum bids $28.04 per share <pre> 2007-09-13 08:54 ETheRealJRL-9/17/2007
498Syrian deal....Greywolf-9/10/2007
497Target price short term about 200 SEK..Greywolf-7/16/2007
496Adolf Lundin has bought shares big time in his son´s company.. Just a goodGreywolf-12/1/2005
495May 2005 Corporate Presentation <b></b><b></b><b>TheRealJRL-5/26/2005
494African company bids 140 MUSD for Oudeh <b></b><b></b>&lTheRealJRL-5/19/2005
493Lukas Lundin - "probably sell the whole company"<b></b> &TheRealJRL-5/19/2005
492Roadshow in Stockholm, Sweden next week. <b></b><b>&TheRealJRL-5/18/2005
491<b>The company granted options...</b> <b></b><b>&TheRealJRL-5/9/2005
490Think it's time for "Lundinsk solution" ...TheRealJRL-5/7/2005
489<b>Gary Guidry Appointed President and CEO.</b> Mr. Guidry was moTheRealJRL-5/6/2005
488The company needs financing... Yes... But! The solution will be Lundinsk ie gGreywolf-3/31/2005
487Egypt - three for three..Greywolf-3/21/2005
486Oil as Greywolf predicted. Wells now being tested Message 21094620B O Trust-3/2/2005
485Check this one out, it looks like someone trying to stop this Lundin junior fromB O Trust-3/1/2005
484Egypt - two drills have found oil..Greywolf-2/25/2005
483<pre>Syria withdraws troops from Lebanon "Syria says it is willing toTheRealJRL-2/24/2005
482Reserves increased by 50-70% today. "The two fields are estimated to contaiTheRealJRL-2/16/2005
481Syrian contract ratified..Greywolf12/10/2005
480Release expected next week regarding PSA for Tishrin and Sheik Mansour in Syria.TheRealJRL-2/10/2005
479PSA ratified by the Syrian Cabinet in Damascus, Feb. 8 2005. "The second bTheRealJRL-2/9/2005
478You previously wrote "If Tishrin production is increased 6000 bpd to 12000 TheRealJRL-2/1/2005
4779150 bpd? You just said the 6000 bpd for Tishrin was Syrian Petroleum's oilHotnSpicy-2/1/2005
476To make your calculations comparable with other oil companies you would have to TheRealJRL-1/31/2005
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