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[Bayern3]

JSC “TNC” plans to return property of JSC “Chernogorneft” to JSC “SIDANCO”


The TNC vice president I.Bakaleinik said, that the “TNC” shareholders will return the Cherongorneft’s property to SIDANCO during 1.5-2 years. About return both companies SIDANCO and TNC agreed in Dec.1999, but the deal has not yet been concluded. Prior it was supposed that the Chernogorneft’s property, currently being owned by JSC “TNC-Nizhnevartovsk”, would be swapped for 25% stakes in JSC SIDANCO. The shareholders expect to obtain from SIDANCO not shares, but cash.
22.10.01
SKRIN "Issuer"

[dpascal]

Wie sollte sich die Nachricht kurzfristig/mittelfistig auf den Kurs auswirken???

[stockpicker999]

@ bayern3

Die News sind doch aus der "Mottenkiste" ... nachfolgendes von der Sidanco-homepage (www.sidanco.ru) danach sind die Assets von cherno bereits zurückgeführt und die müssen es ja wohl wissen.

Was die mit ihren Falsch- bzw. Altmeldungen wohl bezwecken wollen ?!?

Gruss
Stockpicker

============================================================
2.08.2001

The SIDANCO Oil Company Welcomes the Conclusion of an Agreement between Shareholders on the Return of Chernogorneft assets.

The SIDANCO Oil Company welcomes the conclusion of an agreement between the shareholders of SIDANCO and the Tyumen Oil Company, in accordance with which the assets of former subsidiary Chernogorneft will return to SIDANCO. This was announced by a company press release, received today by Prime-TASS.

The company considers that the return of the Chernogorneft assets, along with the re-establishment of SIDANCO`s control over Varieganneftegaz (VNG), signify concrete growth in the company`s production capabilities, a significant increase in oil extraction volumes, and re-establishment of SIDANCO`s position as one of the largest Russian oil companies.

SIDANCO`s President, Robert Sheppard, announced “the SIDANCO management greatly appreciates the trust accorded it by its shareholders, in giving us the opportunity to manage this significant asset”.

In his words, “SIDANCO will build a long-term, mutually beneficial relationship with all of Chernogorneft`s clients and partners. We are prepared to work hard together to achieve the maximum returns from this company for all of its shareholders on the basis of concrete production and investment plans for various fields”.


PRESS SERVICE, SIDANCO Oil Company
Phone: [phone] add. 193.
Fax: [phone]
E-mail: [e-mail]


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[stockpicker999]

Habe ich mich wohl ein wenig vertan. In dem Sidancotext wird nur auf die abgeschlossene Vereinbarung hingewiesen nicht auf die Assets ... sorry

Aber 1,5-2 Jahre um ein Ölfeld zurückzugeben ... kann ich mir beim besten Willen nicht vorstellen!!!!!!!!!!!!!

Gruss
Stockpicker

[Bayern3]

@stockpicker99

Lies mal unter uptotrade.de im Rußlandforum nach. Da habe ich unter "Bayer" ein paar Zahlen aufgeführt.

Die Zeitschiene ist schließlich auch kein schlechtes Argument, um Aktionäre zum Verkaufen zu bewegen.

Denk mal drüber nach.

Gruß Bayern3 (Bayer)