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Diese News lässt den total verfallenen Kurs von Centurion Gold heute explodieren !!!

Bis jetzt schon 27 % Kursplus !!!!


Press Release Source: Centurion Gold Holdings, Inc.


Centurion Gold Alaskan Oil & Gas Leases Estimated Potential Value of $4.5 Billion on East Kitchen
Monday November 14, 6:00 am ET
Confirmation of Assets Made By Renowned American Petroleum Engineers Prator Bett, LLC


JOHANNESBURG, South Africa--(BUSINESS WIRE)--Nov. 14, 2005--Centurion Gold Holdings, Inc. (OTCBB:CGHI - News), a natural resource development company, announced today that it has received the confirmation report for Escopeta Oil & Gas leases, which stated an estimated value at $4.5 billion dollars on the East Kitchen prospect alone. Centurion Gold contracted renowned petroleum engineers Prator Bett, LLC to study the seismic and related geological information on the Cook Inlet leases. The report provided by the independent third party confirmed that in the mid range there is, as per industry standards, a potential of 246 million barrels of oil and 1.20 billion cubic feet of gas, which is considered to be conservatively valued. At the high level, this is substantially more at 933 million barrels of oil and 3.20 billion cubic feet of gas, which was also conservatively valued at $18 billion. Based on the confirmation report, payments have been completed as per the lease agreement.
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Prator Bett, LLC is a Houston, Texas, based petroleum engineering consulting company that provides economical evaluations to both public and private companies for year-end reporting to the Securities and Exchange Commission, acquisitions, divestitures, due diligence, estate planning, field studies, budgeting or financing. Prator Bett LLC also provides an independent third party estimate of future reserves and revenues for its clients` exclusive use or for use by its clients` investors or lenders.

Mr. Dale Paul, CEO and Chairman of Centurion Gold Holdings, commented, "Prator Bett is a leading petroleum engineering consulting company, and the fact that their engineers have validated the potential oil and gas reserves at $4.5 billion has given us the confidence to complete and finalize the first two payments to Escopeta Oil and Gas. We currently have two options for Jack up rigs to be contracted to move into the Cook Inlet leases in spring of 2006 and this report further justifies the decision to commit to the large capital outlay for the rigs to drill developmental wells for us."

Mr. Paul continued, "The Cook Inlet project is proving extremely valuable to Centurion, we have four prospects in Alaska: Kitchen, North Alexander, South Kitchen and East Kitchen. East Kitchen on its own has showed a value of $4.5 billion and we believe the other three prospects to be as good if not better as this could well be the biggest Oil and Gas find in North America of recent times. This obviously has generated a lot of interest from public companies, with a focus on Oil and Gas, one of whom we are at advanced stages of negotiations in taking the project forward with Centurion. This is exactly in line with our strategy of acquiring under-valued assets, developing them and, based on the offers that come along, determine the best way to return value to our shareholders through one of three options; holding; developing with a joint venture; or selling the assets and returning a portion of the profits to shareholders."


Ist das die Wende ?????

[IDTE]

die frage ist doch, ob an der nachricht überhaupt etwas wahres dran ist.

kann ich mir ehrlich gesagt nicht vorstellen.

centurion ist doch für märchen-adhocs mittlerweile bekannt...