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Gold/Mining/Energy
Scimitar Hydrocarbons, SIY:ASE
An SI Board Since October 1996
Posts SubjectMarks Bans Symbol
864 6 0 SIY
Emcee:  Walter N. Schreiner Type:  Unmoderated
I'm starting this thread on Scimitar Hydrocarbons Corp to follow the companies progress.

SIY is a relatively new oil and gas exploration company which sounds like it has some great potential. They own about 3 million acres in Mozambique (sp) right between two large existing oil and gas fields. They are about 1/2 way through a seismic program on it. I've also heard they are negotiating the acquisition of some proven reserves in the middle east, which if completed, could turn these guys into a major overnight.

The managers have found large oil and gas fields in previous companies, making lots of money for their shareholders. They've got about $4 million in the bank, $2 million more on the way from placements and a credit line of $50 million from some European bank. There are about 16 million shares out. IPO was about 0.50 Cdn last Feb and price has since risen to around 1.30.

Let us know if you hear anything about this company, I'm awaiting the prospectus now. Phone is 800-933-8855. My info is from a Bill Cosbeck (sp)
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864Do you understand why SIY continues to drift down while production keeps going uWalter N. Schreiner-6/3/2001
863I am not sure if it will close or not,I would bet yes but that is only a guess.Wj.oil-2/20/2001
862Deal not closing - any thoughts? Scimitar Hydrocarbons Corporation - News ReleaAlex Harrington-2/19/2001
861It looks like very good news. Go to this RB link to see some discusion. ragingbuj.oil-10/18/2000
860Here's some interesting news: Scimitar Hydrocarbons Corporation - News ReleAlex Harrington-10/18/2000
859Hi Grizz I believe the situation is being looked at very carefully.Those people j.oil-9/14/2000
858Company knows about bashers. They have been there a looonnnngggg time and appareric deaver-9/14/2000
857What's up with all the bashing on RB? Has anyone mentioned this activity to Grislee bear-9/14/2000
856Agree with you SharewatcherFromIreland, I like this board but there aren't vBlaumax-9/8/2000
855The problem with SI is the entry fee. That is why more people use RB. Has alwaeric deaver-9/8/2000
854This board over here looks pretty good too, if only people would us it!!SharewatcherFromIreland-9/8/2000
853New SIY board on RB that looks pretty good. ragingbull.altavista.comBlaumax-9/7/2000
852This one still intrigues me (earlier post). Found another interesting item in tBlaumax-8/31/2000
851Thanks William, I was told also that July was a fantastic month. And how about Blaumax-8/31/2000
850In addition to e-mailing Scimitar I also spoke to the Comptroller about two concWilliam Nicholson-8/28/2000
849Looks like the thermal will start next week,It will only take a couple of weeks j.oil-8/28/2000
848Here's the PR. I think it's great! They wanted to be averaging 2000BOPDBlaumax-8/28/2000
847What do you all think of the quarterly results? Ericeric deaver-8/28/2000
846I agree we will see flow rates very quickly but it will take some time to determj.oil-8/16/2000
845Thanks J. We'll be frac'in that Dolomite before long! Think I'll caBlaumax-8/16/2000
844I am told all the equipment is in Egypt and the personal is starting to arrive. j.oil-8/15/2000
843Talked to IR. Production is around the 1900 BOPD mark. They're still havingBlaumax-8/15/2000
842Thanks Max Looks great. Jj.oil-8/14/2000
841Here's some current information. Consolidated Statements of Operations and Blaumax-8/13/2000
840Thanks max Jj.oil-8/9/2000
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