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Transmeridian Exploration - Kürzel : TMXN - 500 Beiträge pro Seite



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@ Jose

Habe mir heute mal das letzte Registration-Filing vom 18.11.2002 angeschaut, dass gewohntermaßen die Situation einer Gesellschaft sehr gut darstellt.

Tatsächlich sehr interessant! Übrigens: Peter L. Holstein, einer der größeren Shareholder, war auch mal bei Eurogas engagiert, so ich mich recht erinnere (hier soll`s aber nicht um Eurogas gehen).

Kasachstan ist zweifelsohne eine der aussichtsreichsten Öl/Gasregionen der nächsten Jahre. Und mit Small bzw. Middle-Caps a la Hurricane ist auch sicherlich die größte Chance auf hohe Gewinne gegeben, wobei das Risko natürlich demtsprechend höher ausfällt.

Die Marktkapitalisierung von TMXN ist i.M. mit ca. 9.000.000 USD sehr niedrig. Das kann sich bei guter Entwicklung schnell ändern.

http://www.sec.gov/Archives/edgar/data/1132645/0001157523020…
@ R-Investor

Yep - hier handelt es sich wirklich um eine Perle.
Der einzige Grund für den Einbruch beim Kurs - nannte ich Dir ja bereits - es muss aktuell jemand aus Fam. Gründen verkaufen.

Die 1 Dollar Marke sollte dann recht schnell wieder genommen werden. Der OTC Markt ist nicht das Ziel - ein Listing an einem seriösen Markt wird angestrebt.


Gigantisch ist diese Meldung - welche noch sehr wenige richtig realisieren ( als jemand der das Unternehmen seit Anfang an verfolgt - kann ich nur sagen !!! Topp !!! )

Transmeridian Announces the Infusion of Equity
Tuesday November 12, 9:53 am ET


HOUSTON--(BUSINESS WIRE)--Nov. 12, 2002--Transmeridian Exploration Inc (OTCBB:TMXN - News) announced today that KSP, a private company controlled by the Turan Alem Bank Group, has notified the company that they are preparing to exercise their option for 50% ownership of our wholly owned subsidiary, Caspi Neft TME, by contributing $15MM in equity and providing an additional $30MM in financing. Caspi Neft TME will use these funds to pay off the bank debt and remain debt free while it continues its drilling program.
The drilling of SA 1 is going well with 13 3/8 inch surface casing set at 2,400 feet and drilling ahead at 4,000 feet towards its target depth of 13,400 feet.

For more information visit our Web site at www.tmei.com.

--------------------

Lest euch hierzu auch einmal die älteren Berichte in diesem Zusammenhang durch.

Eine Bank investiert nicht derartige Summen, wenn sie sich nicht Erfolg verspricht.

Auch interessant - TMXN zahlt 2 Jahre keinerlei Zinsen bis der Cash-Flow fließt !!! ....


josé
wir dürften auch bald die Ergebnisse des ersten Wells erfahren ;)

josé
ich kann nur den Kopf schütteln, wenn ich sehe zu welchen Kursen man sich die Aktien dieser Firma ins Portfolio legen kann.

Wahnsinn

für 0,16 Dollar bekommt man heute Transmeridian - bei einem 10fachen fairen Wert.

nutzt diese Chance
und legt euch den Wert ins Portfolio

josé
740.000 Stücke heute gehandelt !!!

Kurs : 0,15 Dollar

Durch die Bank heute große Blöcke durchgehandelt ;)
so langsam dürfte die Verkäuferseite leer sein.


José
damit ihr einmal erkennt wie krotesk derzeit die Bewertung ist - vor einem Jahr, wo noch SEHR viel unsicher war, da war TMXN 2 Dollar wert !!!!
Seitdem hat sich sehr viel getan : ausschließlich zum POSITIVEN !!!!




7.November 2001

Transmeridian Exploration, Incorporated ("TMEI" or the "Company") announces its Initial Public Offering. The registration statement for its Initial Public Offering was declared effective by the Securities and Exchange Commission as of 3:00 p.m. Wednesday, November 7, 2001. This offering will consist of up to 8,809,500 shares of the Company`s common stock at a price of $2.00 per share, which if fully sold will represent 12.7% of the Company`s then issued and outstanding shares. TMEI reserves the right to expand or withdraw this offer at its sole discretion.

The Company is offering the shares, directly through its officers and directors on a no minimum basis. TMEI intends to apply proceeds from the offering, after payment of expenses, for the company`s plan of operations for the development of the South Alibek Field ("Field") which includes drilling of three new wells, improvement of production facilities, debt retirement, and working capital.

This release is not, and does not, constitute an offer or a solicitation of an offer to purchase a security. Such offer or solicitation of an offer may only be made by prospectus.

About Transmeridian Exploration Incorporated.

Transmeridian Exploration Incorporated is an international independent oil & gas exploration and production company and is headquartered in Houston, Texas. The Company is established to acquire and develop identified and underdeveloped oil reserves within the region of the former Soviet Union now known as the Confederation of Independent Sates (CIS) and more particularly the Caspian Sea region, based in part on the management`s experience and business relationships in the area. TMEI targets opportunities with proved and potential oil and natural gas reserves at below international acquisition costs.

TMEI is currently engaged in the development of the South Alibek Field, which lies in a fairway of oil and gas fields near pipelines, railroads and oil field infrastructure. The Field is located in the Caspian Sea Region within the prolific oil province of Aktobe in western Kazakhstan. The Company holds a 90% working interest in the Field and through the wholly owned subsidiary in Kazakhstan, CaspiNeftTME, is operator of the license and is developing the Field. Ryder Scott Company, a US independent engineering company, estimated a $149,000,000 Net Present Value, discounted at 10% (before tax), for TMEI`s net proved reserves at year-end 2000. The Company`s net reserves were revised upwards in 2001 to 18.225 million barrels of oil, which only includes the estimated recoverable reserves from the pre-existing test well # 29, and two 80 acre offset units (wells). Larger reserves in the 3,400 acre license are anticipated if certain reasonable assumptions based on the nearby analogous fields are proven applicable for the South Alibek Field, and if so, daily production could be increased substantially as a result of expanded developmental infield drilling and the installation of treating and pipeline sales facilities over the next five years.

The Plan of Operations for the development of the Field includes initially at least three wells and the improvement of production facilities for at least 10,000 barrels of oil per day. TMEI`s subsidiary has produced 5,000 barrels from Well #29 earlier in the year and is currently completing the workover of this well. The evaluation of the Field`s proved reserves estimates that an early start up program with daily production of about 6,000 barrels could be achieved through the successful workover of Well #29 and the drilling of two delineation wells and with the proper facilities in place, this production could result in monthly operating income of $1.9 - to $2.3 million per month based on a $24 per barrel North Sea Brent oil price. The Company expects the netback of operating revenues per barrel to increase to $15.92 - $17.92 per barrel with the elimination of trucking with the installation of a sales trunk-line and higher values due to larger volume transactions.

SAFE HARBOR STATEMENT: Certain statements in this news release, as well as written and oral statements made from time to time by TMEI and its representatives in other reports, filings with the Securities and Exchange Commission, news releases, conferences, teleconferences or otherwise, regarding future expectations and financial performance may be regarded as "forward-looking statements" within the meaning of the U.S. Securities Litigation Reform Act.

Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economical and political factors, fluctuations in international and local oil prices, as well as the inherent risks of exploring for oil and gas and such other factors that are set forth in the Company`s registration statement filed with the Securities and Exchange Commission. TMEI disclaims any obligation to update any such factors or to publicly announce results of any revision to the forward-looking statements contained herein to reflect future events or developments.

SOURCE Transmeridian Exploration Incorporated
CONTACT: Jim Tucker, Vice Finance, Transmeridian Exploration, Incorporated,
(281) 591-4777, or tmei@tmei.com.



josé
es gibt bei Transmeridian 1 Verkäuferadresse, welche verkaufen MUSS - aus diesem Grund haben wir ein derartig tiefes Niveau erreicht.

Also - nutzt die Gelegenheit !
Sobald auf dem niedrigen Niveau wir uns die Stücke eingesammelt haben wird es hier deutlich gen Norden gehen.

José :cool:
0,11 zu 0,13 Dollar !

neues Alltime-Low heute erreicht.

Nächste Woche werden wir mehr erfahren - da bin ich mir "sicher" ;)

TMXN ist nun noch mit lächerlichen 6,5 Millionen US Dollar bewertet. Allein die T.B. hat in den letzten Tagen 15 Millionen Dollar Cash in das Unternehmen gepummpt und dazu noch eine große Finanzierung gestellt, ... man hat keinerlei VErbindlichkeiten im Moment ,....

tsja - wer die Chance nicht nutzt ist selbst schuld



José
weiterhin 0,11 zu 0,13 Dollar

mal schaun was man am Markt so bekommt
zu 0,11 und 0,12 gibt es keine Stücke

TMXN - aggressive KAUFEN !!!!

josé:cool:
@ Jose

Aktuell, d.h.kurzfristig, ist EUGS interessanter.

Bei TMXN sollte man n.m.M. kontinuierlich und gleichmäßig Positionen aufbauen (durchaus bis zu 0.30 $). Weglaufen werden die in den nächsten Wochen noch nicht, dafür sind die noch nicht weit genug... . So kann man die jeweilige Positionierung auch der aktuellen Entwicklung bei TMXN anpassen.

Mittelfristig jedoch sind deutliche höhere Kurse drin !
naja - ich würde bei TMXN nicht zu lange warten

Die Öffentlichkeits-Arbeit hat letzte Woche nun begonnen.Mr.Olivier weilt derzeit in NewYork ;) und
auch die Vortschritte bezüglich Bohrungen sollen bald den Stand des Unternehmens auf ein anderes Niveau bringen.


Bezüglich der OTC - Reform. Ja da bin ich ebenfalls gespannt und hoffe, dass danach diese kriminellen MM´s nicht mehr derartigen Spielraum haben.

Vgl. z.B. heute EUGS - zur Eröffnung handelt der MM bei 0,087 Dollar eine Order mit anscheinden 1.500 Stück durch - meine Kauforder liegt deutlich darüber aber das interessiert nicht - auch die Stückzahl .... tss..


josé
0,125 zu 0,135 US Dollar +3,85%
158.000 Stück Umsatz

bei 0,11 US Dollar ist das Orderbuch
nun ordentlich gefüllt :cool:

strong buy for TMXN
josé
Transmeridian Exploration Inc. Retains MRB Investor Relations as Investor Relations Counsel

December 19, 2002 12:15:00 (ET)


HOUSTON, Dec 19, 2002 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (TMXN, Trade), an overseas oil and gas exploration company focusing on the Caspian Sea region and with existing proven fields in Kazakhstan, announced today that it has retained MRB Investor Relations, LLC to provide a focused outreach to all segments of the investment community, as well as maintain communications with the company`s current and future shareholders.

Commenting on the appointment, Mr. Lorrie Olivier, chief executive officer of Transmeridian, stated, "As the Company continues to push our efforts towards the completion of the set-up of our fully functioning well on our existing proven oil field, it is important to present the story of the progress that we have made in recent months and the exciting results we are on target to achieve in the upcoming months to all segments of the investment community. We are looking forward to working with MRB Investor Relations and its in-depth investor and public relations expertise in the field of oil and gas exploration."


About MRB Investor Relations

MRB Investor Relations` core expertise lies in the design and execution of programs to maximize the relationships of emerging, growth-oriented public companies with all segments of the investment community. MRB has over 80 years of securities experience, SEC law experts on staff, journalists on staff (published in leading trade media) and an award-winning PR staff compiled from leading agencies. MRB staffers have been quoted in Business Week, NY Times, Fortune, Forbes, Wall Street Journal, Success and others.

MRB`s scope of activity includes traditional investor relations, financial public relations, product/service-oriented marketing communications, capital raising, and merger and acquisition assistance. A fully integrated 10 year-old firm, MRB has in-depth knowledge and direct experience in each of these areas. MRB is experienced across a broad range of traditional and "new economy" industries, representing a varied and broad spectrum of companies with one common element, a strong desire to expand.

The collective experience of MRB`s principals and staff includes investment banking, retail and institutional brokerage, legal training, public company senior level management, merger and acquisitions work, as well as traditional investor relations` disciplines, financial public relations and marketing communications.

MRB is therefore better able to provide complete guidance in all areas essential to the growth of an emerging public company and to do so under one comprehensive affordable retainer agreement.


About Transmeridian Exploration Inc.

Transmeridian Exploration Inc. (TMXN) is an independent energy company established initially to acquire and develop identified and underdeveloped oil reserves in the region of the former Soviet Union known as the Confederation of Independent States (CIS) and more particularly the Caspian Sea region. TMXN targets medium-sized fields of 20 - 50 million barrels with significant reserves upside which require minimum capital for production and reserves growth at below international finding cost rates.

South Alibek Field: TMXN`s main project is the South Alibek Field, which the company holds 90% interest through its subsidiary Caspi Neft TME in Kazakhstan. Total potential recoverable oil reserves in this field is about 338 million barrels, of which 17.6 million is already proven. The company expects its drilling program should result in significantly increasing the proven reserves in this field. The current net proven reserves has a net present value (at 10%) of $129 million.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Transmeridian Exploration Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Transmeridian or any other person that the objective and plans of Transmeridian will be achieved.


Transmeridian Exploration
Mike Della Donna, 941/504-4938
Investor Relations
E-mail: mike@otcsupport.com
tmei@tmei.com
or
MRB Investor Relations, LLC
Robert Giordano, 212/495-0200 x10
Fax: 212/495-0746
E-mail: rgiordano@mrb-ir.com

http://www.businesswire.com




josé:cool:
NEWS vom "Nachbar-Bohr-Unternehmen" von TMXN in Kasachstan :

Kazakhoil Aktobe To Commence Kozhasai Development

LLP Kazakhoil Aktobe plans to commence development of the Kozhasai oil and gas condensate field in Aktyubinsk oblast in 2003, Panorama newspaper reported. The work is now finalized on the project for experimental commercial development of the field. They completed 3D seismic survey on the area of 230 square kilometers this year.
In 2003 the company plans to produce 20 thousand tons of hydrocarbons on Kozhasai. The field’s possible recoverable reserves make 15.5 million tons of oil and 511 thousand tons of gas condensate. According to the licenses for subsurface use in Kazakhstan, anticipated capital investments in the development of the field will make $150 million. On July 10, 2000 in order to finance the project Kazakhoil sold its 50% share in Kazakhoil Aktobe to Nelson Gold Ltd, renamed to Nelson Resources Ltd.
hier noch einige interessante Infos, welche das Potential dieser Firma gut zeigen :

Transmeridian spuds Kazakh South Alibek producer

(10/9/2002 - OGI: Cairo) Transmeridian Exploration revealed today that it has starting drilling its first field development well SA-1 in Kazakhstan`s nearshore South Alibek Field. The well is planned for a total depth of approximately 13,450 ft (4,100 meters) to test the productive zones of the carboniferous KT-1 and KT-2 reservoir intervals and anticipates encountering as much as 650 ft of oil pay over the combined intervals. It should take 60-75 days to complete the drilling process and start long-term testing, with expectations to initially produce 2,500 b/d of oil from the main target zone, prior to artificial lift. The oil is a high quality 39º API sour crude. "This is a major milestone in placing the field on production," commented Transmeridian`s President and CEO Lorrie Olivier.
The company has a 16-well program filed with the government and expects to continue drilling operations with its Rig 232 for at least the next two years. The rig is a western-built 2000 hp National 1320 UE diesel electric drive unit, complete with fluid systems, drilling tools, support equipment, and spares. Transmeridian has plans to add a completion rig and a second drilling rig in the second quarter of 2003 thereby increasing the rate of new wells being added to the field development program.
The company intends to initially truck and ultimately pipe field production 60 km to its rail terminal at Emba for export of its crude oil.
Additionally, the company plans to build a 16-km pipeline to connect to the Kenkiyak-Atyrau pipeline for access to the export pipeline infrastructure. The Kenkiyak-Atyrau pipeline, being built by the government oil company KazMunaiGas will have an estimated capacity of about 300,000 b/d and is expected to be completed by the end 2003.
South Alibek is located in the northeastern portion of the Caspian Sea in approximately 300 km northeast of the Tengiz Field.


für alle von Euch die eine WKN zum ordern benötigen :
WKN - 542146


José
na die lieben MM´s
kaum legt man eine Order zu 0,16 in den Markt
tax er 0,14 zu 0,17 US Dollar hoch ....
tsss..

da liebe ich mir den National Market - Big oder Small Cap - das ist wirklich ein Markt.
Zum Glück auch nicht in weiter Ferne für TMXN

:D
wird auch Zeit dass wir aus diesem Schrottsegment OTC rauskommen

josé
dieses Land macht sich wirklich ;)


11 Jan 2003, Kazakhstan guarantees foreign investments

Nursultan Nazarbayev.
(1/10/2003 - OGI: Moscow) Kazakhstan has put into law a system of guarantees for contracts signed with foreign companies that are to be in effect whether other national laws are changed or not. President Nursultan Nazarbayev signed the new legislation immediately after it was passed by the Kazakh parliament.

The new law on foreign investments guarantees companies that invest in Kazakhstan`s petroleum industry protection for their investments and also provides immunity from future alterations in the country`s tax laws that apply when the government and investors agree.

The new legislation does not, however, apply to contracts that were signed and put into effect prior to its effective date.

The new law was the result of a barrage of criticism that has been leveled at Kazakhstan by international oil companies that were angered by the government bureaucracy`s near constant interference in operations and by its frequent changing of laws, which undermined existing contracts.


TMXN : 0,145 US Dollar
josé
ein wenig Tempo - damit von SouthAliBek aus die Öl-Vorräte der USA aufgestockt werden können :D

Reuters
UPDATE - US oil stocks slide, products supplies jump
Wednesday January 15, 10:54 am ET


(Releads, adds NPC comment paragraph 11)
EIA REPORT FOR CHANGE FROM WEEK CHANGE FROM WEEK
WEEK ENDED 1/10/03 ENDED 1/3/03 ENDED 1/10/02
CRUDE........ 272.3 MLN DOWN 6.4 MLN DOWN 42.1 MLN
GASOLINE..... 215.6 MLN UP 5.8 MLN UP 2.2 MLN
DISTILLATE... 124.6 MLN UP 2.6 MLN DOWN 10.3 MLN
HEATING OIL.. 53.1 MLN UP 0.1 MLN DOWN 7.6 MLN
UTILIZATION.. 92.3 PCT UP 1.1 PTS UP 0.6 PTS
NEW YORK, Jan 15 (Reuters) - U.S. crude oil inventories dropped to near
their lowest level in more than two decades last week, drained by a dearth
of shipments from strike-bound Venezuela, the U.S. Energy Information
Administration said on Wednesday.
Crude oil stockpiles fell 6.4 million barrels to 272.3 million barrels
during the week ended last Friday, EIA said, just 2 million barrels above
the lowest level since the government agency started keeping records in
1979.
Data from industry group the American Petroleum Institute showed crude
oil supplies falling 3.2 million barrels to a new 27-year low, dipping
around 1 million barrels under a low struck in October.
Product inventories rose, however, as domestic refineries boosted
output and import levels grew. Gasoline stocks jumped 5.8 million barrels,
while distillate stocks grew 2.6 million barrels, the weekly EIA report
showed.
Venezuela, the world`s fifth largest oil exporter, supplied about 13
percent of U.S. crude and refined product imports before a general
anti-government strike in early December paralyzed its oil and shipping
industry.
The OPEC nation`s oil exports have been slashed to a fifth of the
normal 2.7 million barrels per day (bpd).
U.S. refiners that depend on Venezuelan crude oil have been forced to
seek other sources of feedstock or cut back runs, with refiners
Lyondell-Citgo, Hovensa, ConocoPhillips and Murphy choosing the latter.
U.S. crude oil imports were up a shade last week at 8.5 million bpd,
but the four week average remained down 4.4 percent from last year at 8.4
million bpd.
"It appears that while crude oil imports from Venezuela continue to be
much lower than normal, they have increased over the last two weeks," EIA
said in its report.
Increased crude imports last week from Iraq, which has been raising
shipments steadily over the last two months, and from Angola helped offset
weaker supply from Saudi Arabia and Mexico.
The National Petroleum Council, an advisory committee to the U.S.
Secretary of Energy, warned that if crude stocks fall below 270 million
barrels, the United States could suffer supply problems during a cold
winter.
Adding to the strain on U.S. crude oil supplies, domestic refiners
increased their utilization rates to 92.3 percent of capacity last week
from 91.2 percent in the previous week, helping push up fuel stockpiles.
"Crude came in closer to expectations, but the gasoline numbers were a
bit negative," said Tom Bentz, analyst with BNP Paribas. "It was the
products numbers that pulled us down, but crude is still hanging in
there."
Product imports were also up with gasoline imports pegged at 767,000
bpd compared to the previous week`s 740,000 bpd and distillate imports at
404,000 bpd against the previous week`s 399,000 bpd, the report showed.
The increase in product inventories was seen easing a tight market,
which is fending off winter heating demand and upcoming refinery
maintenance season ahead of the spring gasoline season.
so - jetzt betrachtet ihr Euch einmal die geologischen Reports von Alibekmola - dann habt ihr hier den Beweis welches "Potential" in TMXN steckt !!!!


15 Jan 2003,
Nelson Resources Reports Government Approval Of Alibekmola Field Development Plan; Announces Flow Rates For Fourth Well

Wednesday January 15, 10:47 am ET

[R: Note, this field is right next to Transmeridian`s]


TORONTO, ONTARIO--Nelson Resources Limited (TSX: NLG - News) announced today that it has received Ministerial approval for the full field development plan of the Alibekmola oil field as submitted in December, 2002 to the Central Development Committee of the Kazakh government. Giprovostokneft Institute of Samara and Halliburton wrote the full field development plan, which allows Kazakhoil Aktobe (KOA) to drill 60 production and 17 injection wells over the next four years.


Nelson also announced that KOA`s production testing of Alibekmola appraisal Well #53, the fourth appraisal well at the Alibekmola oil field, resulted in sustained flow rates of 765 barrels of oil per day (bpd) on a choke size of 9mm (22/64th inch). Well #53 was drilled to a total depth of 3,770 metres by KOA in November 2002 and was subsequently perforated on December 10, 2002. The well is the fourth of six wells to be drilled under the auspices of the "Alibekmola Pilot Production Project."

Nelson CEO Nick Zana said, "The fifth development well, Alibekmola #55, was spudded on November 22 and is expected to reach total depth of 3,600m towards early February."

Under the program approved for the Alibekmola Pilot Production Project, Alibekmola #53 was targeted to test the productivity and potential of the KTII reservoir. It encountered both the KTII-1 and KTII-2 sub-sections, as predicted. The combined gross reservoir thickness in the well was 445m, of which 144m is net pay. The well was perforated across 125m of the KTII reservoir.

Nelson further said that sustained oil production above 5,300 bpd is now possible from the two Alibekmola workover wells and the four development wells now on-stream. Regulatory authorities have granted KOA permission to operate the wells on larger choke settings, a change which resulted in significantly higher daily production capacity. Nelson also obtained permission to co-mingle flows from the two sub-sections KT II-1 and KT II-2, adding to the enhanced production currently observed from the new development wells.

Kazakhoil Aktobe is 50% owned by Kazmunaigas, the national oil company of Kazakhstan, and 50% by Nelson. Kazakhoil Aktobe holds the license for the Alibekmola and Kozhasai oil and gas fields. These fields are situated in the Mugalzhar Region of the Aktiubinsk Oblast (region) of northwestern Kazakhstan.

Based on a recent reserve evaluation by McDaniel & Associates Consultants Ltd., the Alibekmola field has an estimated proven and probable reserve of approximately 239 million barrels, with another 168 million barrels classified as possible. In addition, Nelson has an agreement with Kazmunaigas granting Nelson an option (subject to certain conditions announced previously) to acquire a 25% participatory interest in Zhambai LLP. Zhambai holds a license for the exploration and production of hydrocarbons at the Caspian offshore blocks known as South Zhambai and South Zaburunye in the Atyrau Oblast of Kazakhstan in the North Caspian Sea close to the Volga River delta.

Nelson Resources Limited is listed on the Toronto Stock Exchange under the symbol "NLG."

If you prefer to receive press releases by email, please contact Olav Svela olav@humekieran.com. To view maps and for more information please visit the Nelson Website www.nelsonresources.com.



josé
neues filing das einen erfreut ;)
(bezieht sich auf das vom Nov. - hab es unten angehängt)

January 23, 2003

Mr. H Roger Schwall
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549

Re: Transmeridian Exploration, Inc.`s Withdrawal of Registration
Statement on Form SB-2 filed on September 26, 2002, as amended
November 18, 2002
File No. 333-100120

Mr. Schwall:
Pursuant to Rule 477 under the Securities Act of 1933, Transmeridian Exploration, Inc. (the "Company") hereby respectfully requests the withdrawal of its above-referenced. Registration Statement on Form SB-2, together with all exhibits thereto, filed with the SEC on September 26, 2002 and amended on November 18, 2002.

No sales of securities were made in connection with this Registration Statement.




hier das Felling auf welches sich das neue bezieht :

FORM SB-2/A
November 18, 2002

We have prepared this prospectus to allow one of our unaffiliated shareholders, The Private Capital Group of New York, N.Y., to sell shares of our common stock which they may acquire upon conversion of an aggregate of $400,000 of convertible debentures ($200,000 of which have been sold and $200,000 of which will be sold upon the effectiveness of this registration statement) and exercise 200,000 warrants previously acquired by them. The warrants are exercisable at $0.42 per share. The registration statement requires us to register up to 400% of the shares of common stock issuable upon conversion of the convertible debentures. Although we have paid the expense of the registration of such shares we will receive no proceeds from the sale of these shares, with the exception of the proceeds from the exercise of the warrants. The Selling Shareholder may sell shares pursuant to this prospectus commencing on a date which is one day from the effective date of this prospectus. The Company has the right to buy this debenture with cash if the market for our stock is below $0.36 per share. If the market is above $0.36 the Selling Shareholder can convert the debenture into shares at $0.36, or 1,111,111 shares.
neues
8-K filed

20.02.2003

Change in Accounting Policies

Transmeridian Exploration, Inc. (the “Company”) is changing its method of accounting for certain transactions which were recorded in the interim periods of 2002. The change in accounting policies for these transactions does not affect the audited financial statements for the year ended December 31, 2001. Attached to this Current Report on Form 8-K are financial statements for the interim periods ended June 30, 2002 and September 30, 2002 which reflect the changes resulting from the new accounting policies. The effect of the change in accounting policies for the quarter ended March 31, 2002 was not material to the financial statements taken as a whole. The following discussion presents the background of these transactions and the previous and current accounting policies with regard to each.



Carried Working Interest



As part of the acquisition of its interest in the South Alibek field, the Company granted a carried working interest to an entity whose principal stockholder was instrumental in identifying the opportunity and assisted in negotiating the Company’s initial investment in the field. The carried working interest comprises 10% of the net revenue interest in the field. The Company is required to fund all exploration, development and operating expenditures pertaining to the carried working interest and is entitled to receive all revenues attributable to the carried working interest until all of its costs have been recovered. After the Company recovers all of its investment and operating costs, the carried party will begin receiving its share of oil and gas revenues and paying its share of exploration, development and operating expenses from that time forward.



During 2002, the Company recorded the exploration, development and operating expenditures paid on behalf of the carried working interest as a receivable which is expected to be satisfied from future revenues attributable to the interest. After further review of the transaction and discussion with its financial and accounting advisors, the Company determined that it would be more appropriate to record these costs as an additional investment in oil and gas properties. The revenues attributable to the carried interest prior to recovery of the Company’s investment will be recorded as the Company’s oil and gas revenues. This accounting policy more closely follows authoritative accounting guidance in the oil and gas industry, because the Company bears the initial economic risk of funding the costs associated with the carried interest.



The effect of the change in accounting policy for the carried working interest on the financial state­ments for the nine month period ended September 30, 2002 was to reduce receivables by $987,533, increase oil and gas properties by $873,960 and increase operating expenses by $113,573 from the amounts previously reported. For the six month period ended June 30, 2002, the effect was to reduce receivables by $809,650, increase oil and gas properties by $724,272 and increase operating expenses by $85,378.



Drilling Rig Operations



On December 28, 2001, the Company purchased a drilling rig for the purpose of drilling wells on the Company’s property in the South Alibek field. At the time the Company purchased the drilling rig, it was in storage in South America. In early 2002, the Company arranged to have the rig transported from South America to Kazakhstan via marine cargo vessel. In addition, the Company undertook various refurbish­ments and modifications to the rig to make it suitable for use in the Company’s operations. The Company contracted with an independent company, Dingo Drilling, Inc. (“Dingo”), which has extensive experience in drilling operations, to operate and manage the Company’s drilling operations in the South Alibek field. To facilitate this arrangement, the Company leased the drilling rig to Dingo. Simultaneously, Dingo executed a lease of the rig to the Company’s operating subsidiary in Kazakhstan, Caspi Neft TME. The amount and timing of the lease payments from Caspi Neft TME to Dingo are substantially the same as the amount and timing of the lease payments from Dingo to Transmeridian Exploration, Inc., with the difference consisting of compensation for Dingo’s management of the drilling operations.



During 2002, the Company recorded the lease payments it received from Dingo as rig rental income and reflected certain of the direct rig operating costs as expenses in its consolidated statements of operations. After further review of the transaction and discussion with its financial and accounting advisors, the Company determined that it would be more appropriate to eliminate the revenues and expenses attributable to the drilling rig from its consolidated statements of operations and record only the direct costs associated with the drilling rig, including depreciation expense, as part of its costs of drilling the wells. The Company is not engaged and does not intend to engage in contract drilling as a separate line of business. Accordingly, the Company concluded that this accounting treatment would better reflect the economic substance of the transaction and provide a more meaningful financial statement presentation.



The effects of the change in accounting policy for drilling rig operations on the statements of operations for the nine month period ended September 30, 2002 and the six month period ended June 30, 2002 and the effect on the balance sheets of the respective periods are reflected in the tables below:


Date: February 20, 2003

By:
/s/ Lorrie T. Olivier

Lorrie T. Olivier

Chairman and Chief Executive Officer
Transmeridian Updates Drilling Progress in the South Alibek Field

February 27, 2003 09:15:00 (ET)


HOUSTON, Feb 27, 2003 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (TMXN, Trade), announced today that it is setting 9-5/8" intermediate casing in its South Alibek #1 well at a depth of 7,333 feet (2,235 meters). The Company is encouraged by recent drilling results, which confirmed the expected crestal location of the first target zone in the area, the KT-1 carbonates. The top of this formation is nearly 400 feet higher than the similar zone in the Company`s first well, the South Alibek #29. The Company encountered indications of hydrocarbons in the drilling mud upon entering the KT-1.

Bruce Falkenstein, Vice President of Exploration and Geology, commented, "The drilling results validate our original well prognosis and give us confidence that the well location is near the crest of the structure, as we predicted. The two major productive formations in the area, the KT-1 and KT-2, are world-class carbonate reservoirs with a combined gross thickness of almost 5,000 feet (1,500 meters). Our original prognosis was based on extensive 2D seismic data and log information from 30 wells previously drilled by state entities to delineate the South Alibek and adjacent Alibekmola fields. The Alibekmola Field is also in the early stages of development, operated by a joint venture of Western and Kazakhstan interests."

Lorrie T. Olivier, Chairman & CEO of the Company, added, "We are pleased to have this first major drilling milestone of the South Alibek #1 behind us. We have experienced slower drilling progress than we expected, primarily because of severe winter weather, which carried temperatures of 30-40 degrees below zero. After we set intermediate casing, our drilling rate should improve significantly, with a smaller diameter hole and the worst of the winter behind us. We are currently forecasting a completion date of April 15, 2003. During testing of the #1 well, we will move the rig to begin drilling the South Alibek #2 well."

Transmeridian Exploration Inc. is an international oil and gas development company, with a primary focus on the Caspian Sea region. The South Alibek Field in Kazakhstan was initially assigned over 17 million barrels of net proved reserves by the independent reserve engineering firm of Ryder Scott Company, based on the #29 well. The ultimate proved reserves of the field are expected to be significantly greater than this initial estimate. The Company has designed an initial seven well drilling program to identify the productive limits of the field, with plans to put all wells on an extended testing program for early production.

The South Alibek Field is in an area of established infrastructure, consisting of roads, electric generation capacity, and water. This improves our development logistics and lowers our costs compared to drilling in a more remote location. We have been developing production and crude oil transportation facilities on a parallel track with our drilling program to assure the earliest possible commercial sales of production.

Kazakhstan is an area of keen interest for the international oil and gas industry. Its proved reserves rank among the top 15 countries in the world, with over 180 producing oil fields and 20 billion barrels of proved reserves. Its current production is approximately 900,000 barrels of oil per day, of which approximately 2/3 is exported. Its commercial terms for foreign investors have been among the best in the industry and its international credit rating is now equivalent to that of Saudi Arabia. It is also considered a strategic ally in U.S. efforts to control international terrorism. The entire former Soviet Union region has recently seen significant foreign investments and strategic alliances for both exploration and acquisition of oil and gas reserves.

In addition to the historical information presented, this release may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. These include statements as to our beliefs and expectations about our future operational and financial performance, including statements regarding our perceived business opportunities. All of these statements are subject to various risk factors and uncertainties, including those described in our filings with the SEC. Although the Company believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate.


Transmeridian Exploration Inc., Houston
Lorrie T. Olivier, 281/999-9091
Fax: 281/999-9094
www.tmei.com
or
MRB Investor Relations, LLC
Charles A. Nelson, 212/495-0200 Ext. 15
Fax: 212/495-0746
cnelson@mrb-ir.com

http://www.businesswire.com

Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2003 Business Wire. All rights reserved.
TMXN
strong buy
0,13 zu 0,14 US Dollar
Marktkap. unter 9 Mil. Euro :eek: !!!!!

José:cool:
680.000 Stück Umsatz
+ 7 %
auf nun 0,15 US Dollar

ich kann nur sagen - KAUFEN

José:cool:
@ Jose

Guter Release...

Ich denke jedoch, dass TMXN erst im Sommer 2003 bzw. erst Anfang 2004 so richtig interessant wird.

Ich vermute, es gibt nach (evt. auch schon vor) Veröffentlichung der Testraten ca. Mai 2002 einen ersten größeren Kurshype. Danach jedoch erst bei dauerhafter und signifkanter Produktion (Anfang- Mitte 2004) eine sehr nachhaltige Kurssteigerung. Bist du "d`accord" ?!

Ich orientiere mich so ein wenig an der Entwicklung von Teton, da es nach der Übernahme von Bitech kaum Vergleichskandidaten gibt (kleine US-Firmen mit Haupt-Scherpunkt Russische Förderation und Ölförderung). Bei Firmen mit Schwerpunkt Exploration läuft die Bewertungslinie ja meist etwas anders.
@ R-I

was ich aus der Vergangenheit bei solchen Investments sagen kann :
Wann und wie eine Bewertungsänderung kommt KANN man nicht vorhersagen.
Wichtig ist - dass ein Unternehmen deutlich unterbewertet ist und das Management diese Werte die unentdeckt schlummern nicht vernichtet, sei es durch den billigen Verkauf oder ein ex. Dilluting !

Über kurz oder lang wird dann solch eine Firma entdeckt - und oft genau in dem Moment wo es niemand mehr erwartet - vgl. z.B. Hurricane

Aus diesem Grund auch meine Haltung gegen solche PR Arbeit wie wir bei EUGS nun wieder gesehen haben.

TMXN hat den Herren aus Wien da doch einiges voraus.


José
so hatten wir das Orderbuch vor Markteröffnung !
Bei 0,15 also anscheinend jede Menge Verkäufer !

NITE 0.14 5000 NITE 0.15 5000
MHMY 0.14 5000 GSCO 0.15 5000
FRAN 0.135 5000 SCHB 0.15 5000
GSCO 0.135 5000 RAMS 0.15 5000
PUGS 0.135 5000 TDCM 0.15 5000
SCHB 0.135 5000 BAMM 0.16 5000

ganze 1.000 Stück gab es dann zu 0,15 US dollar

kurs jetzt 0,155 zu 0,17 !!!!

:laugh:


ich kann jedem nur raten - KAUFEN

José
@ Josè

Das ist Geplänkel...typisch für den OTCBB. Erst mehrere hunderttausend Stück zu festgesetzen Kursen (letzte Woche und davor), dann große Sprünge ohne Umsätze= Abzockerei! Es könnte jetzt durchaus einen größeren Sprung geben, aber das ist bei den Umsätzen ein Witz!

Leider ist der OTCBB Markt in der jetzigen Form für alle seriösen Investoren unberechenbar.

TMXN sollte sich schleunigst bemühen, in ein anderes Segment zu wechseln oder zumindest den Aufstieg in das neue BB zu schaffen (strengere Regularien!).

Auch wäre ein Listing in Europa wünschenwert, da solche Manipulationen dann nicht mehr so leicht möglich sind (Arbitrage!).

So lange TMXN ausschließlich am jetzigen OTCBB Markt gelistet ist, besser Finger weg, auch wenn vielleicht ein gute Chance wegzulaufen beginnt.
@ R-I

kann ich dir nicht ganz Recht geben.
Wesshalb überhaupt die Bereitschaft da war, egal zu welchem Kurs große Stücke zu verkaufen, hab ich ja bereits offengelegt ( Mr.Holstein,welcher im Sterben liegt)

Es geht mir als Investor/Spekulant nicht um den Markt wo eine Firma gelistet ist - sondern um den Wert und die Assets.
Ergibt sich aus diesen und der aktuellen Bewertung eine drastische Unterbewertung und wichtig: haben wir es mit einem fähigen Management zu tun, stimmen die Aussichte, .... dann wird investiert!


Wenn alles glatt läuft, dann wird TMXN in einigen Jahren nicht mehr an der OTC gelistet sein :cool:

Bezüglich eines Listings in Deutschland kann sich ebenfalls sehr schnell etwas tun. Doch im Moment sind wir Investoren einverstanden uns in den USA günstig Stücke einzusammeln.

Der Nutzen eines Deutschland-Listings muss immer berücksichtigt werden.
Doch keine Sorge - bei der Aktionärsstruktur wird es nicht lange dauern, bis wir in Deutschland gelistet sind.

akt. Kurs jetzt 0,20 US Dollar
+ 34 %

schade, ich wollte noch mehr zu 0,15 einsammeln
José:D
0,21 US Dollar
+ 40 %
Geld: 0,20 Brief: 0,22

bei 230.000 Stück Umsatz

José:D
Schlusskurs: 0,22 US Dollar
+46%
bei 520.000 Stück Umsatz

José
@ Josè

Gibt es News bei TMXN?!

Heute wieder runter auf 0.18 $ bei lächerlichen 78.000 Stück Umsatz. Es scheint also tatsächlich nur eine Abzockaktion gewesen zu sein, evt. auch nur ein einzelner Einkäufer.

Ich denke, wir sind uns absolut einig, dass der OTCBB Markt in US eine einzige Katastrophe ist- siehe auch Handel bei eugs.
Abzockaktion ???

Es hat sich immerhin in 4 Tagen jemand mit über 1,5 Mil. Shares eingedeckt ;) ( bei stark steigenden Kursen )


schönes Wochenende

josé
Kurs 0,215 zu 0,23 US Dollar

beobachtet einmal die Käuferseiten und die neuen MM´s

Es sind nun Firmen wie AEGIS CAPITAL CORP. (eine Venture Capital Firma) und einige weitere hoch interessante Marktteilnehmer regsitriert !!

Ich kann nur sagen : STRONG BUY

Tmei ist deutlich unterbewertet

José
Kurs: 0,25 zu 0,27 US Dollar
aktuell: 0,26 auf Tageshoch

José
ich kann mich nur wiederholen - kauft euch in dieser Firma ein so gut wie möglich.

Hier eine heutige PR von Nelson, welche die Rechte der 2. Hälfte der Alibekmola Lizenz haben !

Die Südliche Hälfte von TMEI ist genauso groß und nach den geologischen Recherchen ebenso Vorkommen-REICH !!!


euer JOSÈ D:


25 Mar 2003, 09:12 AM
Nelson Announces Details Of Approved Field Development Plan; Reports On Fifth Alibekmola Development Well

TORONTO, ONTARIO--Nelson Resources Limited (TSX: NLG) announced today the
details of the Full Field Development Plan for Alibekmola Field and reported on
the progress of the fifth new development well that has been drilled by
Kazakhoil Aktobe LLP (KOA), a 50/50 joint venture between Nelson and
government-owned Kazmunaigas.

Under the development plan, maximum annual production has been estimated at
18,282,000 barrels, which on a daily basis would mean production of close to
50,000 barrels per day. The report details that under the approved terms the
production plan will be a 600x600 meter, 9-spot drilling pattern, containing 54
production and 17 injection wells. Under this plan, KOA will drill two wells in
the northern part of the field to gather additional data to refine the current
geological model. An amendment to the existing development plan for the
northern part will be submitted once the feasibility of the development of the
northern portion of the Alibekmola field is determined.

The Central Development Committee (CDC) of the Kazakh government also asked for
a study to outline KOA`s plans for the associated gas utilization. Current
thinking indicates that produced gas will be re-injected to complement
reservoir pressure maintenance by water injection, which may result in an
appreciable increase in the initially reported recoverable reserves. The
Committee further approved a plan to co-mingle production from the KT-II zone
and lower producing bottom hole pressure 15% below the saturation pressure in
order to determine the maximal productivity from the Alibekmola wells.

Nelson CEO Nick Zana said, "The fifth development well, Alibekmola #55, reached
total depth on March 5, 2003, having drilled to 3,605 meters as planned. Well
Number A-56, being drilled by the second Sun Drilling rig, has just set 9
5/8-inch casing at 2,122 m, only 35 days after spud, having drilled at an
average of 61 m per day."

Under the program approved for the Alibekmola Pilot Production Project,
Alibekmola #55 was targeted to test the productivity and potential of the KTII
reservoir. It encountered both the KTII-1 (3,198 m) and KTII-2 (3,325 m)
sub-sections, as predicted. The combined gross reservoir thickness in the well
was 376 m of which 72 m is net pay. The average porosity was 6%. The well will
be perforated 72 m across the KTII reservoir and put on production by the end
of March. Nelson will announce the tested flow rate as it becomes available.

On January 15, 2003, Nelson announced it had received Ministerial approval for
the full field development plan of Alibekmola field as submitted in December
2002 to the CDC of the Kazakh government. RK Ministry of Energy and Mineral
Resources Central Commission of Development of Oil & Gas Fields officially
approved the plan on December 25, 2002.

The CDC, chaired by Vice Minister Uzakhbai Karabalin, noted that the approved
development option covers only the southern half of the field, pending further
detailed geological analysis of the northern half, and stated that the southern
portion of the Alibekmola field is thought to contain 90% of all the
recoverable reserves of the field.

Kazakhoil Aktobe is 50% owned by Kazmunaigas, the national oil company of
Kazakhstan, and 50% by Nelson. Kazakhoil Aktobe holds the license for the
Alibekmola and Kozhasai oil and gas fields. These fields are situated in the
Mugalzhar Region of the Aktiubinsk Oblast (region) of northwestern Kazakhstan.
@ Josè

Gratulation ! TMXN scheint nun doch nachhaltig anzuziehen. Nachfrage besteht jedenfalls.

Wann könnte ein Listing in D kommen ?
bezüglich eines Listings in Deutschland lass ich mir im Moment nocht Zeit! Die Zusage von Herrn Olivier - bzw. die Möglichkeit eines Listings habe ich bereits.
:)

Im Moment sind bei TMEI jedoch andere Dinge wichtiger !


Wo ich dir aber Recht geben muss ist: Der Dollar gefällt mir akt. überhaupt nicht !!! Da ist in den USA sehr viel im Argen.

José
Schlusskurs gestern 0,37 US Dollar
+ 23 %
Geld 0,35
Brief 0,38

Tageshoch bei 0,39 US Dollar
bei 200.000 Stück Umsatz


José
und es geht weiter:
ich wiederhole mich gerne zum 12.mal

kauft euch Anteile an dieser Firma

Kurs: 0,40 US Dollar
+ 8 %

bid 0,39
ask 0,40

José
@ Josè

Respekt, Herr Specht!

TMXN macht sich hevorragend. Ich lag wohl falsch damit, dass nicht vor Bekanntgabe der Testbohrungen eine Entdeckung stattfindet.

Weiter so!
danke R-I

jetzt muss sich einmal zeigen wieviel
zittrige Hände im Spiel sind, die auf diesem
Nivau verkaufen

Wir haben ein schuldenfreies Unternehmen, welches
eine 50 Mil. US Dollar Finanzierung stehen hat um ein
rießiges Feld zu erschließen.
Des weiteren haben wir Assets welche die Marktkap. abdecken ( unter Assets verstehe ich jetzt einmal nur Bohrgerät und Equip. ... )

José
die 0,40er Marke war eine gute Unterstützung und stellt sich nun als Wiederstand heraus

Kurs die letzten Tage stabil bei 0,38 - 0,40
diese Zone wird bei Ausbruch entweder ein großer Wiederstand bleiben oder zu einer Unterstützungszone



José
heute in einer Woche haben wir den
15. April 2003 !!!!

für Transmeridian ein wichtiger Termin

José:cool:
na dann müssen wir uns wohl noch 4 wochen gedulden

josé


Transmeridian Announces Reserve Update and Drilling Progress in the South Alibek Field

April 11, 2003 10:31:00 (ET)


HOUSTON, Apr 11, 2003 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (TMXN, Trade), announced today that Ryder Scott Company has completed its evaluation of the Company`s proved reserves in the South Alibek Field. As of Dec. 31, 2002, proved reserves were estimated at 17.1 million barrels of oil, with an estimated pre-tax future value of $204.3 million, calculated under SEC guidelines and discounted at 10%. The value was determined using net oil prices which would have been realized at Dec. 31, 2002 of $23.99 per barrel. This price compares to net prices of $15.37 in the prior year reserve report and accounts for the significant increase in discounted future value. The proved reserves are based on well logs and production tests from the pre-existing South Alibek #29 well and other seismic and well data from the surrounding area. Approximately 1/3 of the reserves, or 5.7 million barrels, are attributable to the existing #29 well bore and are classified as proved developed non-producing. The balance of the reserves, or 11.4 million barrels, are classified as proved undeveloped and will require the drilling of two development wells. The ultimate proved reserves of the South Alibek Field upon completion of the Company`s drilling program are expected to be significantly greater than this initial estimate.

The Company`s current well, the South Alibek #1, is currently drilling at 10,200 feet (3,108 meters) toward a current estimated total depth of approximately 12,500 feet (3800 meters). We have been making good drilling progress since the middle of March, consistently averaging 100 feet per day. We were slowed initially by problems with the cement bond and formation stability, which we resolved with a remedial cement job and adjustments to the mud weight. If our drilling progress continues in line with results from the last three weeks, we would expect to reach total depth by early May.

This well was planned as a field extension and is anticipated to increase proved reserves beyond those reflected in the Ryder Scott reserve report. We have drilled through the KT-1 carbonates and, based on recent drilling information, believe we have entered the top of the KT-2 formation, our main target of interest. Both of these formations are prospective in this well. The information collected during the drilling of the KT1 provides evidence of reservoir quality carbonates and we have continued to detect the presence of hydrocarbons while drilling. Schlumberger has been contracted to run electric logs and conduct an evaluation of the well when we reach total depth.

Transmeridian Exploration Inc. is the operator and owns a 100% working interest in the South Alibek Field, subject to a 10% carried working interest after recovery of costs. Additionally, in connection with the $20 million bank financing from Turan Alem Bank, the Company has granted its financial partner, Kazstroiproekt ("KSP"), the option to participate for a 50% working interest in the Field if certain additional financing conditions are met. If KSP meets these conditions and completes the exercise of its 50% option, our reserves will be proportionately reduced and we will no longer fully consolidate the operations and reserves of the South Alibek Field.

Based on extensive well log and seismic data in the area of the South Alibek Field, the Company has designed a seven well drilling program to identify the productive limits of the field. This press release is accompanied by a map of the Field with our current and future drilling locations noted. To accelerate this development plan we are soliciting bids to bring a second drilling rig to the Field. We also have plans to put all wells, including the #29 well, on an extended testing program for early production. "Accelerated field development is very important to our goals of increasing shareholder value," commented Lorrie T. Oliver, chairman and CEO, adding, "We want to get this field to the point of positive cash flow so that we can continue our growth by acquiring other fields."

The Company considers the Caspian Sea Region a strategic area for expansion of its exploration and production activities and is actively evaluating new opportunities to build its reserve base. "This has been an ongoing effort that runs parallel with the development of South Alibek and is a key part of our corporate strategy," commented Bruce Falkenstein, Exploration vice president.

In addition to the historical information presented, this release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. These include statements as to our beliefs and expectations about our future operational and financial performance, including statements regarding our perceived business opportunities. All of these statements are subject to various risk factors and uncertainties, including those described in our filings with the SEC. Although the Company believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate.

Note: A photo is available at URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.041103/bb2" target="_blank" rel="nofollow">http://www.businesswire.com/cgi-bin/photo.cgi?pw.041103/bb2


Transmeridian Exploration, Houston
Lorrie T. Olivier, 281/999-9091
Fax: 281/999-9094
www.tmei.com
or
MRB Investor Relations, LLC
Charles A. Nelson, 212/495-0200 Ext. 15
Fax: 212/495-0746
E-mail: cnelson@mrb-ir.com

http://www.businesswire.com
wichtig ist dieser Satz:

This well was planned as a field extension and is anticipated to increase proved reserves beyond those reflected in the Ryder Scott reserve report.

:cool:

Kurs + 7 % auf 0,355 US Dollar
bei einem guten Volumen von 300.000 Stücken

José
seit heute mit auf der Käuferseite:
PARAGON CAPITAL MARKETS

Paragon`s Investment Bankers focus on transactions in the $5 million to $20 million range. Our Banking Clients are treated as Portfolio Companies; that is, the Firm structures their deals for the long term, advising the Client before and after the initial financing and providing support and counsel for as long as needed. We offer financial-management expertise, creating value for both our Portfolio Companies and Capital Investors. The Firm demonstrates it`s long-term commitment by investing its own capital and securing representation on the Company`s Board of Directors as the Company grows. Paragon`s Investment Advisors have access to some of the world`s best Research through its clearing agent, Bears Stearns. Our goal is to build a diversified portfolio designed to minimize risk while achieving our Client`s investment objectives.

homepage: www.paragonmarkets.com


ich wiederhole mich hier gerne - TMXN KAUFEN !!!!!

josé :D
Ich kanns ja kaum glauben, daß die Firma jemand kennt und sich so intensiv damit beschäftigt. Ich beobachte die Aktie schon über ein Jahr und habe mich in die Story "verliebt". Habe den CEO Lorrie Olivier auch schon persönlich kenengelernt. Ich halte sehr viel von dieser Firma, weil da wirklich was dahintersteckt. Der Anlagehorizont ist zwar etwas längerfristig, aber wie gesagt hab mich in diese Aktie "verliebt". Würde mich freuen, mich weiter mit jemandem auszutauschen, der die Aktie beobachtet.
@Black

der 15. war das ungef. Datum, wann die Bohrung in Well 1 fertig sein sollte

Wird nun aber wohl doch noch ein stückchen tiefer gebohrt so dass wir m.E. nach mitte bis ende Mai die PR haben werden

heute prächtige Umsätze in den USA bei Kursen von 0,35 US Dollar haben einige 50.000er Blöcke den Besitzer gewechselt - sehr gut ! Da kommen ruhige Hände rein ;)

fast 500.000 Stück Umsatz heute

José
diese Big-Pipe will mit Öl-gefüttert werden !
Hiermit wird der Abnahmemarkt der Zukunft erschlossen

Kazakh-Chinese Oil Pipeline Constructing

Kazakhstan, April 12, 2003 [ 09:29 ]
AzerTAg

ASTANA. China has completed the construction of the 500-km length of the oil pipeline `Western Kazakhstan-China`, the Sinxua Agency reported.

The next phase of the construction of biggest pipeline for pumping of 30-50 million tons of oil, will be the section of Atasu-Alashanko. Issues of speeding up the construction were discussed at the recent meeting in Astana of the President of Kazakhstan Nursultan Nazarbayev with the leadership of Chinese national oil company.

:D

José
Kassachstan - für mich die Perle der Zukunft was die Öl und Gas-Förderung anbelangt !

ich sage - adiós
haltet TMXN schön auf Kurs so lange ich mich etwas erhole :D


16.04.03 - OT: KZ oil exports up 32%/110% in Jan-Feb

Almaty. (Interfax) -

Kazakhstan exported 7.725 million tonnes of oil and gas condensate in January-February 2003, up 32% year- on-year, the Kazakh National Statistics Agency said.

In monetary terms, exports of oil and gas condensate in the first two months of the year amounted to $1.198 billion, up 110% year-on- year.

The agency noted that imports of natural gas in January-February this year amounted to 1.74 billion cubic meters for $54.1 million, up 21% and 25% year-on-year respectively.

In addition, the agency said that in the first two months of the year the republic exported 228,600 tonnes of oil products (up 250% year- on-year) for $34.9 million (up 240%). At the same time imports of oil products amounted to 120,500 tonnes (down 15%) for $25 million (down 3%).

------------------------------------------------------
16.04.2003 07:45:00 GMT
Putin, Nazarbayev call for broader cooperation in energy
Omsk. (Interfax) - The presidents of Russia and Kazakhstan, Vladimir Putin and Nursultan Nazarbayev, in a joint statement at the end of the summit in Omsk called for broader bilateral cooperation in energy.

The statement says the presidents are instructing their governments "to adopt additional measures to ensure favorable conditions in the border zone for interaction between local businesses, for the development of trade, for free movement of citizens [between the countries] and for exchanges in the fields of culture, science and education."
They also called for closer interaction in fuel shipment by both countries to the world markets, for the effective development of Caspian resources, for the functioning of the Caspian Pipeline Consortium and for the creation of a gas alliance.

The presidents noted that much had been accomplished in the negotiations on Russian-Kazakh border delimitation and gave instructions to speed up this work.
bei 12.000 feet angelangt - täglich bis zu 100 Meter !!!
Also wenns gut läuft haben wir heute in einer Woche """NEWS""""


hier die heutige NEWS bezüglich Finanzierung:


Transmeridian Announces Progress on New Financing; South Alibek No. 1 Well Nearing Total Depth; Form 10-KSB Filing Delayed

April 28, 2003 10:16:00 (ET)


HOUSTON, Apr 28, 2003 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (TMXNE, Trade), announced today that Turan Alem Bank has funded $1.5 million in additional financing for the Company`s Kazakhstan operations. The Company has fully utilized its existing $20 million credit facility with Turan Alem Bank to fund drilling operations and production facility costs. In connection with this facility, the Company granted its financial partner, Kazstroiproekt ("KSP"), the option to acquire a 50% interest in the entity that holds title to the South Alibek Field. In order to exercise this option, KSP must make a capital contribution of $15 million (to be used to repay bank debt) and secure an additional financing commitment of $30 million at market rates. KSP has advised the Company that it expects to exercise its 50% option and that it is currently arranging an extension of the Turan Alem Bank financing to satisfy the $30 million financing requirement. The Company and KSP are negotiating the commercial terms of this financing with the bank. The $1.5 million increase announced today represents a bridge financing. The Company is very encouraged by this development and has a reasonable expectation that the $30 million facility will be arranged. However, completion of this process is outside the Company`s control.

The Company`s current well, the South Alibek No. 1, is drilling at 12,000 feet (3,660 meters) toward an estimated total depth of approximately 12,500 feet (3,800 meters). "We remain encouraged by the drilling results," commented Bruce Falkenstein, vice president of exploration and geology. "The data continues to give us confidence that the original well prognosis is on track, and in some cases it is exceeding our expectations. Indications are that the well is at a crestal position in the field, with the main target, the KTII, 575 feet higher than the same formation in the Company`s first well, South Alibek No. 29. The upper target zone within the KTII has now been drilled, encountering a large interval with indications of significant hydrocarbons shows." We have been making very good drilling progress at over 100 feet per day since the middle of March and the Company continues to project total depth and logging of the well in early May.

The Company has not filed its Annual Report on Form 10-KSB for the year ended Dec. 31, 2002. Accordingly, the OTC Bulletin Board has temporarily changed the Company`s ticker symbol to "TMXNE". The Company`s common stock will continue trading on the OTCBB under the new ticker symbol and will return to the original ticker symbol of "TMXN" when the Company completes its SEC filing requirements. The Company is working diligently with its independent auditors to complete the audit of its financial statements and intends to file the Form 10-KSB at the earliest date possible.

In addition to the historical information presented, this release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. These include statements as to our beliefs and expectations about our future operational and financial performance, including statements regarding our perceived business opportunities. All of these statements are subject to various risk factors and uncertainties, including those described in our filings with the SEC. Although the Company believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate.

SOURCE: Transmeridian Exploration Inc.


Transmeridian Exploration Inc., Houston
Lorrie T. Olivier, 281/999-9091
Fax: 281/999-9094
Web site: www.tmei.com
or
MRB Investor Relations, LLC, New York
Charles A. Nelson, 212/495-0200 x15
Fax: 212/495-0746
E-mail: cnelson@mrb-ir.com

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@kazman

Teton ist für mich seit einiger Zeit uninteressant, seitdem ich mich ausführlich mit dem Unternehmen auseinandergesetzt habe.


zurück zu meinem Liebling: TMXN

ich erwarte in den nächsten Tagen eine PR - Inhalt ENDE der Bohrung

José
selbst mit Limit 0,30 US Dollar
erhalte ich in den USA keine Stücke mehr

ich denke es zeigt, was ich von dieser Aktie noch erwarte wenn ich auf dem jetzigen Niveau weiter zukaufe

long für TMXN

José
daran muss sich unser Lorrie Olivier messen - lassen wir uns überraschen :D


South Alibek Field: TMEI’s main project is the South Alibek Field, which the company hold’s 90% interest through its subsidiary CaspiNeftTME in Kazakhstan. Total net oil reserves to TMEI in this field is 338 million barrels, of which 17.6 million is already Proven. This year’s drilling program should result in significantly increasing the proved reserves in this field. The current net proved reserves has a net present value ( at 10%) of $129 million.

Growth Strategy: Within the next five years, the Company expects to build a portfolio of fields with combined net reserves of 500 million barrels and production of 50,000 barrels of oil per day. Once the company develops a continuous stream of commercial production from South Alibek, we then will be poised to continue the growth of our assets with the possible acquisition of similar properties in the region. The proximity to existing infrastructure for exportation of oil and gas, which reduces associated costs as well as reduces the time needed to place wells on production, will be an important factor in our acquisition of these properties. In addition, the company may acquire oil and gas leases in North America as low risk development of known reserves projects become available. This is not expected to be a core part of the company’s business but will provide additional cash flow and some balance to the company’s international holdings.
ich kann euch nur sagen: KAUFT EUCH TMXN !!!!!!!!!!!

uns gehört ein FELD selbst wenn es so kommt wie es im Moment aussieht zu 40 % netto - Nellson Res. gehört das selbe Feld zu 50 % !

TMEI ist nicht einmal mit 20 Mil. US Dollar bewertet !!!

Nelson Res. wird akt. mit über 250 Mil. bewertet !!!!!

und das bei deutlich schlechterer Technik und damit Produktionsmöglichkeiten, ....


Mit Kurszielen sollte man sich ja etwas zurückhalten
doch nach meinen Informationen haben wir sehr gute Chancen gegen Ende diesen Jahres bereits sagen wir mal mind. 10.000 Barrel am Tag aus dem Boden zu holen !!!

Ein Kursziel ist sicherlich besser zu geben, wenn wir eine neue offizielle Schätzung erhalten !!!

doch Kurse unter 1 US Dollar sind KAUFKURSE !!!!!

STRONG BUY
José
Proven, Probable and Possible Recoverable Reserves (bbls) Alibekmola 406,449,000(*)


South Alibek
ist von der Struktur her und den Ergebnissen the same
:cool:

somit könnt ihr selbst euch ungef. vorstellen wieviel Barrels hier möglich sind !

José
Transmeridian Announces Completion of Drilling of South Alibek-1 Well; Shareholder`s Meeting on May 9, 2003

May 05, 2003 10:10:35 (ET)


HOUSTON, May 5, 2003 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (TMXNE, Trade) announced today that the well South Alibek 1 (SA-1) was successfully drilled to a total depth of 12,435 feet (3790 meters) by its wholly owned subsidiary in Kazakhstan, CaspiNeftTME. The completion and testing program will immediately follow the logging of the well, which is currently in progress. This well will be followed by the drilling of South Alibek 2, approximately 1.5 miles (2.35 km) northwest of SA-1, to drill the same formations, the KTI and KTII. This will be the second well of our initial seven well drilling program.

The Company has given notice that the annual meeting of the shareholders will be held at the Sofitel Houston Hotel at 425 N. Sam Houston Pkwy. East., Houston, Texas on May 9, 2003 at 10 am.

Under the program approved for the first phase of drilling, SA-1 was targeted to test the productivity and potential of the upper and lower KTII reservoirs. The top of the main target formation, the KTII was encountered close to the depth of 9,975 feet (3040 meters), with nearly 2,400 feet (750 meters) of carbonate drilled. "Drilling data indicates we encountered both reservoirs, as predicted, accompanied by indications of hydrocarbons during the drilling," commented Bruce Falkenstein, vice president of exploration and geology. "We encountered approximately 2,400 feet of carbonate in both the KTI and KTII, and anticipate having the preliminary results of the logging very soon for the first detailed look at both formations and to select the respective perforation intervals." The current testing program will provide production performance data from the various intervals encountered during the drilling of the well which will be essential in establishing a development program for the field.

In addition to the historical information presented, this release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. These include statements as to our beliefs and expectations about our future operational and financial performance, including statements regarding our perceived business opportunities. All of these statements are subject to various risk factors and uncertainties, including those described in our filings with the SEC. Although the Company believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate.

SOURCE: Transmeridian Exploration Inc.


Transmeridian Exploration Inc., Houston
Lorrie T. Olivier, 281/999-9091
Fax: 281/999-9094
Web site: www.tmei.com
or
MRB Investor Relations, LLC, New York
Charles A. Nelson, 212/495-0200 x15
Fax: 212/495-0746
E-mail: cnelson@mrb-ir.com
schaut doch nur, was für eine schöne Pipeline unser Feld in Alibekmola schneidet



José :cool:
noch einmal kurz:

Die Ergebnisse (also die Testphase läuft nun) wird es wohl in ein bis zwei Wichen geben !

Die NEWS war lediglich die Veröffentlichung, dass die Bohrung nun abgeschlossen ist !

José:D
die Meldung von heute schlug hervorragend ein :laugh:
Kurs aktuell - 14 %
auf 0,26 US Dollar

José hat sich weitere TMXN heute ins Porfol. gelegt

allen noch einen schönen Abend und falls ihr schon Shares von TMEI habt - gebt sie nicht zu solchen Preisen
der Wert ist nicht annähernd fair - immer nat. vorausgesetzt ich täusche mich nicht oder ich werde getäuscht

José:D
bezüglich des E bei TMXNE
derzeit machen hier einige Wind und versuchen so sich nochmals günstig Shares zu hamstern !

Das E wird in wenigen Tagen der Vergangenheit angehören.
Nächste Woche wird TMXN wieder das Kürzel sein !

nutzt die Chance und KAUFT
Kurs aktuell 0,24 zu 0,26 US Dollar

José
und die Abwärtsbewegung geht weiter:

Kurs: 0,23 zu 0,26 US Dollar
bei 64.000 Stücken gehandelt

José
ich kann euch gar nicht sagen wie mir diese Kursbewegung zusagt: Marktkap. nun wieder bei 14 Mil. US Dollar

Wahnsinn - allein Cash die Tage von 15 Mil. reingekommen ....

KAUFEN

José
So - das Aktionärs-Jahresmeeting ist vorbei und ich kann nur sagen: KAUFT diese Aktie

gestern jetzt beide ausstehenden Financials auf einen Streich
10K http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fred…
und
8k http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fred…

undbedingt durchlesen - wer sich mit der Firma beschäftigen möchte, findet im 10K alles wichtige !




José
in den letzten Tagen unter stark anziehenden Umsätzen steigende Kurse ! Gestern mit fast 500.000 Stück Umsatz, haben wir uns jetzt wieder unter den 0,40 US Dollar eingenistet !

hier liegt schon seit längerem ein starker Widerstand, den es bald zu überwinden gilt




:cool: José
dieses Projekt wird bald fertiggestellt :)

September 2002
Kazakhstan starts work on pipeline
Almaty:

Kazakhstan`s state-owned oil and gas company
Kazmunaigaz has said that it has started building a
$160 million pipeline connecting the oilfields in the
Aktobe region in West Kazakhstan with the Atyrau oil
terminal on the Caspian Sea.

The new project will connect the Aktobe region to the
Tengiz-Novorossisk pipeline, owned by the Caspian
Pipeline Consortium (CPC), and to the Atyrau-Samara
pipeline owned by oil pipeline monopoly Kaztransoil
and Russia`s Transneft.

The Kazakh-Chinese joint venture CNCP-Aktobemunaigaz
is operating the oilfield, and currently exports 70
per cent of its oil through oil contract swaps with
Russia.

Currently, the sole pipeline to export markets from
the Aktobe region - with its Zhanazhol, Kenkiyak,
Alibek Mola, Kozhasai and Urikhtau oilfields - runs to
a refinery in the Russian city of Orsk.

Kazmunaigaz used the proceeds from a $150 million
eurobond issued last year by Kaztransoil, an affiliate
of Kazmunaigaz, and its own funds to finance the new
448 km pipeline.

The company said the new pipeline will have an annual
maximum capacity of about six million tonnes of oil,
the equivalent of some 120,000 barrels per day (bpd),
and will become operational next year.

However, the pipeline will transport around two
million tonnes per year during the first two years
after completion.



José
The South Alibek Field is within good infrastructure, including oil, gas and product pipelines, electrical systems, roads, towns, and trained oilfield personnel. There are an additional 9 large fields in the area, including the adjacent Zhanazhol Field (800 million barrels), and the Kenkiyak Field (162 million barrels), which are each only 25 km from the South Alibek/Alibekmola Fields. Major oil companies that are active in the region include Exxon Mobil, Texaco, BP Amoco, Amerada Hess, Shell, Repsol, CNPC (China), and TPAO (Turkey).


The South Alibek project is a very attractive first investment in Kazakhstan, with low capture and development costs, large quality reserves with significant upside potential, pre-existing wells and present infrastructure, within close proximity (25 km) of an oil pipeline with available capacity.
May 20, 2003

TRANSMERIDIAN EXPLORATION INC (TMXNE.OB)
Quarterly Report (SEC form 10QSB)
Item 2. Management’s Discussion and Plan of Operations

Transmeridian Exploration, Inc. (the “Company”) was incorporated in the State of Delaware in April 2000. We are a development stage company organized to acquire and develop oil and gas properties. Our primary oil and gas property is License 1557 and the related Exploration Contract for the development of the South Alibek Field (the “Field”) in Kazakhstan. The primary emphasis since our formation in 2000 has been the exploration and development of the Field. Our operations in the Republic of Kazakhstan are conducted through a wholly owned subsidiary, Caspi Neft TME (“Caspi Neft”).

SEE DISCUSSION OF RISK FACTORS IN ITEM 1 OF THE DECEMBER 31, 2002 ANNUAL REPORT

ON FORM 10-KSB.

Critical Accounting Policies

We have identified the policies below as critical to our business operations and the understanding of our financial statements. The impact of these policies and associated risks are discussed throughout Management’s Discussion and Analysis and Plan of Operations where such policies affect our reported and expected financial results. A complete discussion of our accounting policies is included in Note 1 of the December 31, 2002 Notes to Consolidated Financial Statements.

Development Stage and Going Concern

We are a development stage company and have not yet commenced our primary revenue-generating activities, which are the production and sales of oil and gas. Our ability to realize the carrying value of our assets is dependent on being able to produce and sell oil from the South Alibek Field. Our financial statements have been presented on the basis that we are a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. We have accumulated losses totaling $7.5 million and have incurred a significant amount of debt in the development phase of our operations. To fully develop the Field and achieve positive cash flow, we will require substantial additional funding. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities which might be necessary should the Company be unable to continue in existence.

Principles of Consolidation

Our consolidated financial statements include all of our consolidated subsidiaries. Our most significant wholly-owned subsidiary is Caspi Neft, which holds License 1557 and the related Exploration Contract for the South Alibek Field. Except for the drilling rig, which is owned by the parent company, the assets and results of operations of Caspi Neft represent substantially all of our consolidated assets and operations. In February 2002, we granted Kazstroiproekt, Ltd. (“KSP”) a two-year option to acquire a 50% equity interest in Caspi Neft, the subsidiary which holds our interest in the South Alibek Field. KSP must meet certain financial commitments to exercise its option, including paying $15 million of Caspi Neft’s bank debt and arranging an additional $30 million in bank financing for Caspi Neft. KSP has until February 2004 to exercise its option. If KSP exercises its option, we may no longer be eligible to fully consolidate Caspi Neft, which would materially affect our financial statements. The resulting accounting treatment would be dependent on the degree of management control we retain over Caspi Neft and other factors related to the economic substance of our arrangement with KSP. Additionally, our net interest in the oil and gas reserves of the Field would be proportionally reduced to reflect the new ownership structure.


Oil and Gas Reserve Information

The information regarding our oil and gas reserves, the changes thereto and the estimated future net cash flows are dependent upon engineering, price and other assumptions used in preparing our annual reserve study. A qualified independent petroleum engineer was engaged to prepare the estimates of our oil and gas reserves in accordance with applicable engineering standards and in accordance with Securities and Exchange Commission guidelines. However, there are numerous uncertainties inherent in estimating quantities of proved reserves and in projecting future rates of production and the timing of development expenditures. Changes in prices and cost levels, as well as the timing of future development costs, may cause actual results to vary significantly from the data presented. Our oil and gas reserve data represent estimates only and are not intended to be a forecast or fair market value of our assets.

Our oil and gas reserve data and estimated future net cash flows have been prepared assuming we are successful in negotiating a commercial production contract which will allow production for the expected 25-year term of the contract. A conservative rate of 10% has been used to calculate the government royalty. Production contracts are customarily awarded upon determination that the field is capable of commercial rates of production and that the applicant has complied with the other terms of its license and exploration contract. However, we are not guaranteed the right to a production contract. If we were not successful in negotiating a production contract on acceptable terms, it would materially change our oil and gas reserve data and estimated future net cash flows.

Successful Efforts Method of Accounting

We follow the successful efforts method of accounting for our investments in oil and gas properties, as more fully described in Note 1 of the December 31, 2002 Notes to Consolidated Financial Statements. This accounting method has a pervasive effect on our reported financial position and results of operations. The well that we were drilling at December 31, 2002 and March 31, 2003, the South Alibek #1, is classified as exploratory under SEC and GAAP requirements, as it is outside the boundaries of our current proved reserves. Under the successful efforts method of accounting, the costs of this well have initially been capitalized pending the determination of whether the well increases proved reserves. If it were not successful in adding proved reserves, these drilling costs would be charged to expense.

Capitalized Interest Costs

We capitalize interest costs on oil and gas projects under development, including the costs of unproved leasehold and property acquisition costs, wells in progress and related facilities. We also capitalized interest on our drilling rig in 2002 during the time it was being prepared for its intended use. During the three month periods ended March 31, 2003 and 2002, we capitalized $607,100 and $141,500, respectively, of interest costs, which reduced our reported net interest expense to $186,200 and $61,300, respectively. Because most of our emphasis in 2002 and 2003 has been on the exploration and development of our Kazakhstan property, the resulting interest capitalized was significant. This capitalized interest becomes part of the capitalized costs of our properties which will be amortized as a part of depreciation, depletion and amortization or charged to expense if the results of our drilling should prove unsuccessful.

Review of Operations and Capital Transactions


Our two primary sources of funding have been private placements of common stock and borrowings under our $20 million credit facility with a Kazakhstan bank. Through March 31, 2003, we have received a total of $6.4 million in net cash proceeds from sales of common stock. We
have also issued approximately 12.9 million shares, valued at $1.8 million, in exchange for products or services provided. Our cumulative proceeds from all borrowings, net of repayments, have amounted to $18.0 million since inception. These proceeds have been used to fund the purchase of the South Alibek Field, at an initial acquisition cost of $4.0 million, and to fund expenditures for remedial work on South Alibek Well #29, drilling of the South Alibek #1 and costs of support and production facilities. Our cumulative capitalized costs attributable to the South Alibek Field as of March 31, 2003 were $23.2 million, including $1.7 million of capitalized interest.

In February 2002, we secured a $20 million credit facility to fund operations in the South Alibek Field. As of March 31, 2003, we had borrowings of $19.0 million outstanding under the facility and had $0.8 million of letters of credit outstanding. The available capacity under this Facility was fully utilized in April 2003 through additional borrowings. A portion of this facility, approximately $2.2 million, is due in August 2003, with the remaining principal balance payable in 12 monthly installments beginning in February 2004.

In 2002, we invested approximately $33,000 to acquire two U.S. properties, which are prospective for natural gas. These projects are ready for drilling operations, pending availability of funds.

We purchased a drilling rig in December 2001 for $5.3 million and spent an additional $0.5 million on refurbishments and modifications to make it suitable for use in our operations in the South Alibek Field. The acquisition cost of the rig was financed with a $3.3 million note payable and $2.0 million in common stock subject to mandatory redemption. The rig has been drilling the South Alibek #1 since October 2002.

Our operating and administrative costs during the period from inception through March 31, 2003, have totaled $6.0 million. Interest expense, net of amounts capitalized totaled $1.5 million. These are the primary components of our cumulative loss attributable to common shareholders of $7.5 million. Revenues from test production of oil have been relatively insignificant. We are considered a development stage company until we establish commercial production and revenues.

Plan of Operations

Our primary near-term objective is to generate sufficient commercial production from the South Alibek Field to fund ongoing development and operating costs of the Field and allow us to service our debt in accordance with its terms. Our current field development plans include an initial program of seven wells to identify the productive limits of the field. The first of these wells, the South Alibek #1, reached total depth of 12,435 feet on May 2, 2003, and we have begun the completion and testing phase. The remaining six wells are expected to cost approximately $3.5 million each to drill, or $21 million in total. To accelerate this development plan, we plan to contract for a second drilling rig. This will be dependent on securing our additional financing for development of the Field. Ultimately, the first phase of field develop­ment may require as many as 44 wells. In addition, we expect to incur approximately $5-6 million for production facilities over the next 12-18 months


Our longer-term strategic plan is to acquire and exploit other mid-sized fields in the Caspian Sea Region. We consider this an excellent area for oil and gas development and we are actively evaluating new opportunities to build our reserve base in the area.


Outlook for 2003

Credit Facility and Exercise of Option by KSP

In February 2002, we obtained $20.0 million in debt financing from a bank in Kazakhstan. As of March 31, 2003, the Company had borrowings of approximately $19.0 million and letters of credit of $0.8 million outstanding under this facility, resulting in approximately $0.2 million in available borrowing capacity. The available capacity under this facility was fully utilized during April 2003 through additional borrowings. KSP has indicated that it intends to exercise its option to purchase 50% of Caspi Neft in exchange for a $15 million equity contribution (to be applied toward the outstanding debt of Caspi Neft) and the arrangement of $30 million in additional debt financing at market rates. The Company and KSP are negotiating the commercial terms of this financing with our current bank. In April 2003, the bank extended $1.5 million in interim financing pending completion of the larger facility. We are very encouraged by this interim financing and have a reasonable expectation that KSP has the ability and intent to arrange the full $30 million facility. However, completion of this process is outside our control.

Continued Development of South Alibek Field

We are dependent on significant additional funding to continue development of the South Alibek Field. Our near-term goal is to develop sufficient revenues from production to fund continuing capital expenditures and debt service requirements. The amount of capital needed is dependent on many factors outside our control, including the costs and results of drilling operations, the ability to find and develop sufficient reserves and rates of production, the ability to effectively bring its future crude oil production to market and the level of future world oil prices. Management believes that $30 million of additional financing should be sufficient to bring the Field to positive cash flow from operations and provide for the servicing of the Company’s debts. The most likely source of this $30 million is the additional financing that KSP is required to provide in order to exercise its option to acquire 50% of Caspi Neft. However, we are continuing to explore other options to obtain this funding. We believe that we will be able to secure the necessary funding to continue development of the Field, but many of the factors required to execute our plans are outside our control.

U.S. Operations and Funding of Overhead

We have limited options to fund our U.S. overhead costs on a continuing basis. Current expenditures for U.S. personnel, occupancy and administrative costs total between $100,000 and $110,000 per month. Proceeds from borrowings in Kazakhstan are not available to the U.S. parent company to fund its U.S. operations, nor is it able to charge an overhead recovery or management fee. The U.S. parent company owns the drilling rig used by Caspi Neft for operations in the South Alibek Field and receives net cash flow from Caspi Neft of approximately $18,000 per month after debt service attributable to the rig. During 2002, we realized proceeds of approximately $100,000 from the private placement of common stock and proceeds of approximately $200,000 from the issuance of convertible debentures. Additionally, certain shareholders and related parties loaned us $248,000 in 2002. In the three months ended March 31, 2003, we have issued 3.2 million shares of common stock for products and services valued at $351,400 providing cash for the parent company or minimizing cash outflow. We have taken steps to limit or reduce our U.S. overhead costs and believe that we will be able to continue to secure funding for these costs from the sale of common stock or additional borrowings until we achieve positive cash flow from operations and such cash flow becomes available to fund our U.S. operations.


José
Transmeridian:
Transportation and Marketing

Companies in the area of the South Alibek Field utilize both the KazTrans Oil and Russian Transneft pipeline system to transport crude oil to regional hub export locations such as Samara, Ukraine and the Port of Odessa on the Black Sea and European locations such as Poland, Hungry, Lithuania, Germany and Finland. Pipeline capacity in the area has significantly improved with the opening of the Caspian Pipeline Consortium ("CPC") pipeline, raising capacity from 250,000 barrels oil per day ("bopd") to an expected 800,000 bopd. Two oil pipelines currently service the nearby producing fields, Kenkiyak and Zhanazhol, with capacities of 50,000 bopd and 93,000 bopd, respectively. One of the pipelines is operating at less than full capacity. These pipelines transport oil to the Bestamak rail terminal and the oil refinery in Orsk, which is a transfer point for swaps to Western markets. The Alibekmola Field, adjacent to South Alibek, has begun commercial production, and KazTrans Oil is constructing a pipeline across our license area to connect Alibekmola production to its pipeline at the Kenkiyak Field. We will have access to this pipeline, subject to capacity limitations.

In the future, we may also be able to access the CPC pipeline by rail or through a planned 280-mile pipeline from Kenkiyak to Atyrau to be constructed by KazTrans Oil. The capacity of this pipeline would be about 300,000 bopd and would provide an alternative routing for our production. Our current plans do not rely on entry in the CPC system for its export and sales routes but this facility provides a feasible alternative. All economic estimates assume the utilization of trucking,
pipeline and rail facilities located within 35 miles of the field.

Prior to completion of pipeline facilities, our production will be transported by truck for sale into the local market or for rail shipments to export markets, depending on pricing available at the time. During 2002, we advanced $338,730 to Emba Trans Ltd. which was used to acquire the Emba Terminal. The Emba Terminal is a facility for storing and loading crude oil for shipment by rail. It is located approximately 35 miles from the Field. The terminal has not been operational for several years and will require an estimated $1.5 million in capital expenditures to make it suitable for our use. We may also use the terminal to ship crude oil for third parties if we do not require all of the capacity. Of the advances, approximately $60,000 was used to fund an engineering study, which included the development of plans for bringing the terminal into operational status. The Emba Terminal is intended primarily for use as an interim solution to sell our production prior to the completion of pipeline and processing facilities. However, it will also serve as an alternative transportation outlet if our pipeline capacity is constrained. As of December 31, 2002, ownership of Emba Trans Ltd. had not been legally transferred to the Company, but we are working to complete the transfer of title. We expect to own 100% of the legal title to the entity, of which 75% is expected to be held by Caspi Neft.
Kazakhstan Can Transport Up to 10 Million Tons of Oil Per Annum Via Btc

Kazakhstan, May 21, 2003 [ 16:49 ]
Baku Today

ASTANA. Baku-Tbilisi-Ceyhan will be able to accept oil from Kazakhstan, said IIham Aliev, SOCAR First Vice-President. He said it will allow to transport 10 tons of oil per annum from Kazakhstan.

Aliev noted BTC project is vital even without Kazakh oil since its bottling capacity is 50 million tons of oil per annum. In 2002, "we recovered over 14 million tons of oil and we have such plans for 2003. By 2005, we plan to increase production. Therefore, one more jump in oil production will be observed in 2008. Then we`ll recover 50 million tons of oil per annum," he said.

Aliev said Baku-Supsa will be maintained and therefore SOCAR will continue oil recovering not only within Azeri-Chirag-Guneshli project. Besides, as to Aliev, Baku-Supsa will transport Azeri and Kazakh oil, currently transported via railroad.

From the Times of Central Asia

José:cool:
die nächsten Tage werden spannend

Kurs: 0,34 zu 0,36 US Dollar

José :cool:
!!!!!! NEWS OUT !!!!!!
------------------------

Transmeridian Announces Logging Results And Testing Program for South Alibek 1 Well

May 22, 2003 09:30:00 (ET)


HOUSTON, May 22, 2003 (BUSINESS WIRE) -- Transmeridian Exploration, Inc. (TMXN, Trade), announced today the details of the logging results of the South Alibek -1 (SA-1) well. This first well of an initial seven-well drilling program was drilled to a total depth of 12,435 feet (3,790 meters) encountering over 4,800 feet (1,460 meters) of carbonate in the combined KTI and KTII formations with a combined gross reservoir section of 3,471 feet (1,058 meters) and an estimated 531 feet (162 meters) of net oil pay. With the aid of Schlumberger`s advanced logging systems and their proprietary ELAN(a) analytical software we have identified an estimated 360 feet (110 meters) of net oil pay in the KTII reservoir, and 171 feet (52 meters) in the KTI reservoir.

Four intervals in the KTII have been initially selected to test a gross reservoir thickness of 436 feet (133 meters) with 300 feet (91 meters) of perforations. Test production will be trucked to a local rail terminal for sale to local refineries. All our test production will be handled in this manner until our facilities at the Emba rail terminal are operational later this year.

The first reservoir interval for testing, at a depth of 11,440 feet (3,487 meters), will be perforated over a gross reservoir thickness of nearly 200 feet (59 meters) with 141 feet (43 meters) of perforations. Schlumberger is contracted to perform this work employing their most powerful guns available for maximum depth of penetration into the reservoir to maximize the productivity of the interval. After sufficient production data has been recovered from this interval we will move to the next intervals in succession to determine an accurate profile of the production capability of the entire KTII section.

"Needless to say, we are encouraged by the logging results, which have exceeded our expectations," commented Bruce Falkenstein, Vice President Exploration & Geology. "Schlumberger is playing a key role in the initial phase of operations by providing the technological edge we need in the evaluation of our first well. Based on the logging data, our projections for the field remain on track."

Transmeridian Exploration Inc. is an independent exploration and production company with substantial development operations in the Republic of Kazakhstan. The Company also has a new venture to develop prospective natural gas properties in South Texas.

In addition to the historical information presented, this release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. These include statements as to our beliefs and expectations about our future operational and financial performance, including statements regarding our perceived business opportunities. All of these statements are subject to various risk factors and uncertainties, including those described in our filings with the SEC. Although the Company believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate.

(a) Mark of Schlumberger

SOURCE: Transmeridian Exploration, Inc
na so langsam kommen wir wieder auf die 0,30 zu - hier werde ich weiter einsammeln :D

long in TMEI

José
wer hätte dies gedacht
0,29 US Dollar Schlusskurs !

TMEI wieder unter 0,30 zu haben

tsss...

José
und es geht Schlag auf Schlaf

:D


Transmeridian`s South Alibek #1 Well Confirms Oil Discovery; Major Milestone is Achieved

May 29, 2003 13:45:00 (ET)


HOUSTON, May 29, 2003 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (TMXN, Trade), is pleased to announce early testing results of its South Alibek #1 (SA-1) appraisal well. The first of 4 reservoir zones was perforated on May 23, 2003 and was tested over several days at a stabilized rate of 570 barrels (90 cubic meters) of oil per day through a 12mm choke at a flowing tubing pressure of 290 psi. "Bearing in mind the early nature of the results, the news is extremely significant to the Company and shareholders," commented Lorrie T. Oliver, chief executive officer and chairman of the board. "We promised an oil well, and it is now being delivered. There is a great deal more work ahead of us, but a major milestone is achieved. This well has not only confirmed the geology but is also a major leap towards establishing a revenue stream for the company. We remain focused on the timely completion of our seven well drilling program and establishing sufficient revenue from this initial phase to become self-funding for the remainder of the field development. Additional news toward this effort is forthcoming."

The SA-1 reached a total depth of 12,435 feet (3,790 meters) and encountered an estimated 531 feet (162 meters) of net oil pay in the KTII and KTI carbonates. The first KTII interval tested was perforated over a gross reservoir thickness of 200 feet (59 meters) with 150 feet (46 meters) of perforations. The well was drilled in a crestal position of the field, half a mile (900 meters) updip of well #29, and is expected to result in a significant increase in Proved Reserves for the Company.

The initial test production will be trucked from our temporary test tank battery to a nearby rail terminal for sale to local refineries. The well is now shut-in in order to move the drilling rig to the next appraisal location, South Alibek #2 (SA-2), approximately 1.5 miles (2.35 km) northwest of SA-1 for another crestal test of this potentially significant oil field. Spudding of the well is planned for the end of July. A completion rig will be moved to SA-1 for resumption of the testing program in June. During the time between testing, further improvements will also be made to the oil facilities.

The resumption of testing is planned with several objectives. Three additional reservoir intervals are planned to be tested over a gross interval of 242 feet (74 meters) and additional completion work includes remedial acid jobs on the carbonates to improve productivity, and possibly acid fracs for additional reservoir stimulation. "To date, the data obtained from the testing has not been evaluated and more work is required to fully evaluate the reservoirs productivity, so it is premature to elaborate further on the test at this time," commented Bruce Falkenstein, vice president Exploration & Geology. "We have an extensive testing program planned which can take several months to complete. Common to fields in the area is invasion of the reservoirs by the drilling mud, which the log data and this simple completion and preliminary test result supports. The standard practice of matrix acidizing and mud wash has met with success in nearby wells, and will be applied once testing resumes. Our expectation, based on current engineering estimates, available technology and historical results, is that significantly higher sustainable rates can be obtained after the work is completed."

Transmeridian Exploration Inc. is an independent exploration and production company with substantial development operations in the Republic of Kazakhstan. The Company also has a new venture to develop prospective natural gas properties in south Texas.

In addition to the historical information presented, this release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. These include statements as to our beliefs and expectations about our future operational and financial performance, including statements regarding our perceived business opportunities. All of these statements are subject to various risk factors and uncertainties, including those described in our filings with the SEC. Although the Company believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate.

SOURCE: Transmeridian Exploration Inc.


Transmeridian Exploration Inc., Houston
Lorrie T. Olivier, 281/999-9091
Fax: 281/999-9094
www.tmei.com
or
MRB Investor Relations, LLC
Charles A. Nelson, 212/495-0200 Ext. 15
Fax: 212/495-0746
cnelson@mrb-ir.com

:D
natürlich Schlag auf Schlag und nicht Schlaf

wir werden in den kommenden Tagen und Wochen noch sehr viel von TMEI hören - verlasst euch darauf.

die 570 Barrel sind ein erstes Testergebnis - ich rechne nach erfolgreichem Abschluss mit deutlich mehr

macht jedoch immerhin bereits über 200.000 Barrel im Jahr ;)

ich freu mich auf die NEWS, wenn unsere proven Reserves angehoben werden :kiss:

kann allen nur raten:
KAUFEN Kurs: 0,30 zu 0,32 US Dollar


der Dollar hat heute auch mitgespielt und ist auf 1,19 von 1,1697 gesprungen ... da kann man morgen wieder günstiger in den Dollar :)
Ich rechne trotz der schwerwiegenden Probleme bez. Verschuldung mit einem Comeback des Dollars, da die USA es verstehen die Wirtschaft wieder in Schwung zu bringen.
Wenn erst einmal die ost-Erweiterung stattfindet, hier neue Währungs-Schwächlinge dazukommen, in den USA wieder die Wirtschaft brummt ( was kommen muss, wenn nicht eine weltweite Rezession anstehen sollte - dies wiederum werden gewisse Kreise im Moment noch zu verhindern wissen :)

also LONG für den Dollar bei 1,20 und auch für TMEI ( selbst wenn der Dollar noch bis sagen wir 1,30 oder 1,40 verliert - ÜBertreibung !
Wir werden die 0,85 wiedersehen



José
davon träumen wir in Euro-Land:

Im ersten Quartal wuchs die US-Wirtschaft revidierten Zahlen zufolge etwas stärker als in der Erstschätzung angenommen. Das Bruttoinlandsprodukt (BIP) stieg auf das Jahr hochgerechnet im ersten Quartal um 1,9 Prozent.Die wöchentlichen Erstanträge auf Arbeitslosenhilfe sind in den USA ebenfalls überraschend gesunken.


José
zurück zu Transmeridian
.-.-.-.-.-.-.-.-.-..-.-.
zu den ersten Testergebnissen:

eine Zone bringt 570 Barrel
bei 4 Zonen hätten wir wenn diese ebenso "ölreich" sind - gut 2.000 Barrel pro Tag

José:D
aktuelle Bewertung:
TMEI 20 Mil.US Dollar

deutlich zu wenig

José :cool:
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Schaut mal nach Frankfurt:

WKN: 542146

Transmeridian ab HEUTE an der FSE notiert

Kurs: 0,27 zu 0,29 EURO :D


!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


José
in den USA wurde eben ein Kurs bei 0,24 US Dollar gemacht - anscheinend mit 2300Stück :laugh: :laugh:

meine Orders liegen bei 0,27 bis 0,29 im Markt und werden nicht ausgeführt

Also nicht anstcken lassen hier in Deutschland


strong BUY
José:cool:
hier einmal die Macher bei TMEI


Lorrie Olivier
--------------
President and Chief Executive Officer, owns 30% of Trans-
meridian Exploration. From February 1, 1991 to March 30, 2000, he was employed by American International Petroleum Corporation as a Vice President of Operations and President of American International Petroleum Kazakhstan, American Eurasia Petroleum, and American International Petroleum Holdings. He was the lead manager in developing the company’s interest in the Caspian Sea region with the acquisition of a several large properties, the last three years focused on Kazakhstan. He has been developing experience and business contacts in Russia and other CIS countries. In 1988 Mr. Oliver established his own international business consulting firm specializing in South American petroleum ventures, after 15 years working in domestic and international petroleum operations with initially Shell Oil USA and Pecten, and Occidental Petroleum Corporation.


Bruce Falkenstein
------------------
is Vice President of Exploration and Geology. He served for 20 years with Amoco, and later with British Petroleum from February 1994 to August 2000, as Chief Geophysicist and a manager of the Kazakhstan Exploration team. Since 1992 he has been working and managing the identification, technical evaluation and capture of oil fields and operations of licenses in the CIS, with particular focus on the Caspian Sea region, 7 years of the time concentrating on Kazakhstan.


José
Schluss in den USA 0,30 US Dollar
mit dünnem Volumen (der ganze Handel waren meine Stücke :laugh: )

Also ich kaufe hier weiter und kann jedem nur sagen:

Mr.Olivier macht mit seinen Kollegen einen sehr guten Job
ihr werdet lange suchen müssen um ein derartiges Unternehmen bzw. Management zu finden.

Ich könnte euch kein vergleichbares Team sagen

José
ich kann nur sagen - legt euch TMEI ins Depot.
Hier wieder ein Beispiel wieviel lediglich 23 Millionen Barrel proved wert sind !!!

TMEI hat bereits jetzt 23 Mil. Barrel - macht 225 Mil. US Dollar - sagen wir aufgrund der Lage 50 % Abschlag sind wir bei 110 Mil. US Dollar !!! akt. wird TMEI mit weniger als 20 Mil. US Dollar bewertet :kiss:

10.06.2003 09:46
Anadarko, the independent US producer announced on Monday that it agreed to buy oil and gas properties in the Gulf of Mexico from Amerada Hess for $225 million (= US billion).

The company acquired 26 fields with estimated proved reserves of 23 million barrels of oil equivalent. This should partly offset the recent slump of production.


José
nicht zu vergessen, dass durch das 1.Well eine signifikante Steigerung der proved Barrel anstehen könnte ;)

José
Kurs in D.
0,32 zu 0,33 Euro
+ 18 %

für 0,33 Euro vom MM Stücke zu haben ;)
wenn da nicht einmal heute noch was geht

in den letzten 90 Minuten ging gestern der Zug los

das Orderbuch in den USA ist sehr dünn nach Oben

José:cool:
was ist denn heute in der aktie los die mm sind wohl short in den usa oder warum kommt die aktie nach einem kursanstieg wieder auf den boden der tatsachen zurück
in den USA wird mit der Aktie schon eine Weile ein Spiellchen getrieben

ich hab einige Orders in den USA liegen und auch eben wieder zu 0,36 zugeschlagen - es ist unheimlich schwer hier Stücke zu bekommen

also nicht verrückt machen lassen

Kurs wieder 0,36 US Dollar

betrachte dir einmal die Times and Sales - die MM´s werfen kleine Stücke auf das Bid und legen es somit selbst tiefer.

Bevor ich eben meine zu 0,36 bekam wurden erst 5000 aufs Bid gegeben bei 0,33 um überhaupt einen Verkäufer in den Markt zu bekommen



José
es dürfte nun bald weitere Infos der "Tests" geben.
Ich bin weiterhin am einsammeln - auch heute in den USA.

Ich erwarte hier noch sehr sehr viel.
Betrachtet euch die Bewertung und dann vergleicht mit einer Nelson oder Hurricane :)

Das SouthAlibek Feld dürfte für so manchen großen Player noch interessant werden


StrongBuy
José:cool:
lasst euch nicht von dem US Kurs täuschen
ich hab allein bei 0,33 US Dollar 30.000 Stücke im Kauf liegen und werde nicht bedient

MM´s machen Kurse mit 1.500 Stücken ... bei 0,31 !!!!


José
so langsam werd ich stinkich - was an der OTC da getrieben wird.
Ich hab eine Order bei 0,33 US Dollar mit 30.000 Stücken, bekomme keine einzige Aktie und diese Betrüger machen mit 1.000 und kleinen Fuzlern bei 0,31 Kurse

es wird Zeit dass wir das OTC Board verlassen - mal schaun was sich hier tun lässt ;)

long in TMEI
José
Kurs in den USA:
0,34 zu 0,35 US Dollar

FSE taxt noch 0,28 zu 0,30 Euro

José
mal wieder etwas zu meinem "Liebling" TMEI:

·Wir haben in einer Schicht bei Tests 570 Barrel Öl täglich sicher aus dem Boden geholt ! Mehr als 15 Schichten sollte es geben, welche es derzeit bzw. mit den nächsten Löchern zu testen gilt ( mit Service Gerät )
·Inzwischen wird bereits das Bohrgerät für das 2. Loch in Position gebracht um Anfang Juli mit diesem zu beginnen.
(d.h. die Produktionsraten kommen bei Abschluss in Regionen .... :D)

·Leider muss ich auch Kritik üben und sagen, dass es das Team um Mr. Olivier nicht hinbekommt, kapitalstarke Großaktionäre um sich zu scharen, welchen wenn sie die Infos interpretieren können – eindeutig erkennen sollten, dass hier ein Wert schlummert, den es zu heben gilt. Die Spielchen von Mr. Holstein und unseren MarketMakern in den USA welche sich ins Fäustchen lachen an diesem OTC Markt ihre Short-Spielchen zu treiben – wären nicht möglich würde einer der Herren einmal endlich den Kurs auf über 1 US Dollar nageln und die „schwachen Hände“ aus dem Markt kaufen.

Ich sehe die niedrige Marktkapitalisierung nicht nur mit vielen Chancen verbunden sondern auch mit enormen Risiken.
Es dürfte jedem der sich mit TMEI etwas genauer beschäftigt klar sein, dass man hier ein Öl-Feld hat, welches ein gigantisches Ausmaß annimmt. Hinzu kommt die Lage des Feldes (Pipelines, etc.) Diese optimalen Bedingungen kann man leider nicht so ausschöpfen als „kleine Bude“

In kürzester Zeit hätte man m.E. nach vor kurzem die gesamte Firma einer Hurricane bzw. westlichen Öl-Firmen lediglich durch Aufzeigen des Values für sagen wir 100 Mil.verkaufen. (1,50 US Dollar je Share )
So langsam frage ich mich ob dies nicht immer noch besser gewesen wäre/ist als wenn man sich durch die schwache "Verhandlungspos." bei Finanzierungsdingen immer wieder Stückchen vom Kuchen abschneiden lassen muss.

Sagen wir es einmal so:
Laut Unternehmen haben wir gerade einmal 400 Aktionäre – allein ich selbst kenne davon einen Großteil pers., wodurch wir hier ein Unternehmen haben, welches tatsächlich auch NIEMAND kennt.

Ich sehe weiterhin, dass hier ein Wert schlummert, der lediglich entdeckt werden muss – ein Wert, welcher bei deutlich mehr als 0,40 oder 1,40 US Dollar liegt.

Das Problem ist – es kennt niemand diese Werte und sobald einmal jemand als Käufer auftritt ist dieser „Hannes“ Peter Holstein auf der Verkäuferseite.


José:cool:
so langsam geht mir der Hut :mad:

Nelson wird inzwischen beim 10fachen an ausgegebenen Aktien ( 630 Mil. Shares ) mit über 350 Mil. Dollar bewertet.

SouthAlibek ist vom Potential her das gleiche wie das der Nelson - Jungs und TMEI wird mit weniger als 20 Mil. bewertet !!!!!!!!!

Wenn mein Freund Lorrie jetzt nicht langsam aktiv wird, dann ....

José:confused:
unter 0,30 US Dollar
18 Mil. Marktkap.
da muss ich einfach weiter zuschlagen und kaufen :lick:
allein die 15 Mil. US Dollar Cash der Kas. Bank werden zeigen, dass hier eine deutliche Unterbewertung besteht.

m.E. nach dürfte die Meldung der Finanzierung uns bald ins Haus stehen


José :cool:
na kaum das Posting abgeschickt und schon den Beweis, dass unter 0,30 US Dollar doch nichts zu haben ist
Wieder ein Short-Geplänkel der MM´s
gerade einmal 5.000 Stücke zu 0,28 bekommen und die Order nicht ausgefüht

Kurs 0,30 US Dollar

José
NEWS :)

Transmeridian Exploration Secures $30 Million in Financing; Financing Milestone Achieved

June 30, 2003 12:11:00 (ET)


HOUSTON, Jun 30, 2003 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (TMXN, Trade) announced today that it has secured a $30 million line of credit from Turan Alem Bank for the development of its South Alibek Field in Kazakhstan. The funds will be used for its ongoing development project, which includes an initial seven well drilling program, installation of a central production facility, construction of a 70 kilometer pipeline to the Emba Rail terminal and refurbishment of the terminal to handle crude oil sales from the Field.

The line of credit has a 36 month term with a 15% interest rate. There are no required payments of interest or principal during the first 24 months of the term. This financing is the first of two requirements for KSP, a Kazakhstan investment group, to acquire a 50% interest from TMXN in the South Alibek Field. The second element will be the retirement of $15 million of the original $20 million debt facility with Turan Alem Bank, which is expected to be completed in the near future. Upon closing of this transaction, KSP will hold a 50% equity interest in Caspi Neft TME, the Company`s operating subsidiary which owns title to the South Alibek Field.

Commenting on the additional financing from Turan Alem Bank, Lorrie Olivier, chairman and CEO of TMXN said, "This is a significant milestone in the development of the South Alibek Field. This financing will allow us to accelerate our drilling and development operations in the Field. Our goal is to achieve sufficient cash flow from the Field to fund future development operations and service our debt on the earliest possible timeframe."


OTHER MATTERS:
-- Testing of the recently-completed SA-1 well will continue in
early July with 2 new intervals targeted for evaluation. The
Company expects the well to be placed on long term production
testing in mid-July.
-- Rig 232 is preparing to commence drilling operations on SA-2
early in July.
-- We have negotiated a five-well turn-key contract with The
Great Wall Drilling Company at a cost of $2.9 million per
well. Great Wall Drilling Company will mobilize a 2000 hp
electric rig for the contract.
-- With two rigs drilling and one completion rig, the Company
expects to have three wells completed by the end of the year
and continuous drilling operations through 2004.
About Transmeridian Exploration Inc.

Transmeridian Exploration Inc. (TMXN) is an independent energy company established to acquire and develop oil reserves in the Caspian Sea region of the former Soviet Union. TMXN primarily targets medium-sized fields with proved or probable reserves and significant upside reserve potential. Its first major project is the South Alibek Field in Kazakhstan. As of Dec. 31, 2002, the Company`s proved reserves in the Field were 17.1 million barrels, with an estimated net present value of $144 million. Ultimate potential of the field is estimated by Ryder Scott Company to be 378 million barrels of oil.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created therein. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including but not limited to those discussed in the Company`s Annual Report on Form 10-K for the year ended December 31, 2002. Although Transmeridian Exploration, Inc. believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion herein should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

SOURCE: Transmeridian Exploration Inc.


Transmeridian Exploration Inc., Houston
Lorrie T. Olivier, 281/999-9091
Fax: 281/999-9094
E-mail: tmei@tmei.com
Web site: www.tmei.com or www.tmxn.com
or
MRB Investor Relations, LLC, New York
Charles Nelson, 212/495-0200 Ext.15
Fax: 212/495-0746
E-mail: cnelson@mrb-ir.com

:D
:cool:

OTHER MATTERS:
-- Testing of the recently-completed SA-1 well will continue in
early July with 2 new intervals targeted for evaluation. The
Company expects the well to be placed on long term production
testing in mid-July.
-- Rig 232 is preparing to commence drilling operations on SA-2
early in July.
-- We have negotiated a five-well turn-key contract with The
Great Wall Drilling Company at a cost of $2.9 million per
well. Great Wall Drilling Company will mobilize a 2000 hp
electric rig for the contract.
-- With two rigs drilling and one completion rig, the Company
expects to have three wells completed by the end of the year
and continuous drilling operations through 2004.
About Transmeridian Exploration Inc.


José
Hi Leute, bin durch Zufall auf diese Aktie und eure Postings gestossen. Leider bin ich des Englischen nicht mächtig und verstehe die Nachrichten/Postings auf Englisch nicht. Könnte das bitte mal jemand für mich übersetzen bzw. kurz zusammenfassen ?
Von dem Umstand abgesehen das der Wert an der Revolverbörse OTCBB die Heimat hat, finde ich die Story überaus interessant.

Kasachstan ist ja bekanntlich reich an Bodenschätzen.

Die Unterstützung durch ortsansässige Banken scheint auch gegeben zu sein!

Die MK ist gegenüber anderen "Mitbewerbern" sehr niedrig.
Das ist eben das Los des OTCBB Listings.

Sollte aber der Durchbruch erfolgen, kann/wird dieser gewaltig sein!

GlobInvest
@ R-I und GlobInvest

ich sag es nun seit einigen Monaten hier, dass man sich bei dieser Firma unbedingt beteiligen sollte.

die Bewertung ist m.E. nach um den Faktor 5 bis 10 zu niedrig

José
Ich hoffe man sieht sich :D

kann euch nur empfehlen meinen Lorrie mal pers. kennenzulernen

Transmeridian Will Hold Investor Conference in Germany;
Announcing July16, 2003 Investor Conference

HOUSTON, Jul 9, 2003 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (OTCBB:TMXN), an independent energy company established to acquire and develop oil reserves in the Caspian Sea region of the former Soviet Union, announced today that it will hold an Investor Conference in Frankfurt, Germany. The conference will be held on July 16, 2003 at 3:00PM at the Sheraton Frankfurt Hotel and Towers. At the conference, Lorrie T. Olivier, CEO of Transmeridian Exploration Inc., will discuss the company`s financial and operational developments in its South Alibek Field.

About Transmeridian Exploration Inc.

Transmeridian Exploration Inc. (TMXN) is an independent energy company established to acquire and develop oil reserves in the Caspian Sea region of the former Soviet Union. TMXN primarily targets medium-sized fields with proved or probable reserves and significant upside reserve potential. Its first major project is the South Alibek Field in Kazakhstan.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created therein. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including but not limited to those discussed in the Company`s Annual Report on Form 10-K for the year ended Dec. 31, 2002. Although Transmeridian Exploration Inc. believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion herein should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

SOURCE: Transmeridian Exploration


CONTACT: Transmeridian Exploration, Houston
Lorrie T. Olivier, 281/999-9091
Fax: 281/999-9094
E-mail: tmei@tmei.com
Website: www.tmei.com or www.tmxn.com
or
MRB Investor Relations, New York
Charles Nelson, 212/495-0200 x.15
Fax: 212/495-0746
E-mail: cnelson@mrb-ir.com


José
Hallo Jose

anscheinend sind die Scheine in Frankfurt handelbar - aber dort existiert so gut wie kein Volumen - an der Nasdaq ist es auch nicht besser

Kaufen ist prima, aber wie soll man da wieder rauskommen?


Gruss Balou
keine Sorge du kannst hier ohne weiteres verkaufen
- die Liqu. ist da

José
YES :D


Transmeridian Exploration Spuds Second Well in South Alibek; Accelerated Drilling of the Field Soon to Commence

July 14, 2003 09:30:00 (ET)


HOUSTON, Jul 14, 2003 (BUSINESS WIRE) -- Transmeridian Exploration, Inc. (TMXN, Trade) announced today that it has spud South Alibek 2 (SA-2), the second of an initial seven well drilling program in the South Alibek Field. This well is 1.5 miles northwest of SA-1. The third well in the program, South Alibek 4 (SA-4), is located 1 mile southeast of SA-1. The drilling equipment is being assembled on this location and it is expected to be operating in August.

The first well, SA-1, confirmed the oil discovery in the KT1 and KT2 carbonate reservoirs. SA-2 and SA-4 are targeting the same reservoirs to a depth of 13,100 feet and will help delineate the northern and southern extent of the field over nearly a 3 mile distance. "Based on the results of these wells" noted Bruce Falkenstein, Vice President Exploration & Geology, "the Company expects to significantly increase proved reserves and should see meaningful production volumes by year-end."

The testing program on SA-1 continues, but was slowed due to bad weather which delayed the arrival of the completion rig. The company expects to place the well on a long term testing program by the end of the month.

Commenting on this recent news, Lorrie Olivier, Chairman and CEO of TMXN said, "The contracting of another rig to accelerate the drilling of our field follows quickly behind our recent $30 million financing. With this aggressive drilling program, we are on track to achieve our goal of producing sufficient cash flow from the Field to fund our development operations and debt service on the earliest possible timeframe."
update:

in Gesprächen mit dem Management wurde meine pos. Einschätzung zu diesem Unternehmen bekräftigt. Weiterhin halte ich den aktuellen Kurs für deutlich zu gering für das Potential dieser/s Gesellschaft bzw. vor allem dem Feld und den bereits vorhandenen Assets in SouthAlibek


Der Vollständigkeit halber:

Transmeridian Exploration Announces Conversion of Preferred Stock; CEO Olivier Increases Shareholdings

July 15, 2003 13:24:00 (ET)


HOUSTON, Jul 15, 2003 (BUSINESS WIRE) -- Transmeridian Exploration Inc. (TMXN, Trade) announced today that holders of all 3,000 shares of its 12.5% convertible preferred stock have elected to convert their shares to common stock. The stated value of the 12.5% convertible preferred stock was $300,158 and accrued dividends payable were $57,256. The preferred shares were converted according to the original terms into 1,545,910 shares of common stock. This conversion reduces the Company`s fixed obligations by $37,520 per year.

Mr. Lorrie T. Olivier, chairman and CEO of TMXN, owned 1,500 shares of the 12.5% convertible preferred stock, which he acquired from the original investor in September 2002. After conversion, his holdings of common stock have increased by 772,955 shares to 16,059,955 shares, or approximately 24.4% of the total shares outstanding after the conversion.

Separately, the Company announced that its common stock has been approved for listing on the Frankfurt Stock Exchange under the ticker symbol "TRJ." The shares will trade on both the Frankfurt exchange and the OTCBB in the United States.

Commenting on the conversion, Mr. Olivier stated, "I am pleased with our progress so far during 2003. We are very encouraged by the results of the SA-1 and with our $30 million financing in place, we are now accelerating our drilling program. I see a bright future for Transmeridian and this transaction reflects my continuing confidence in the Company."


José :cool:
so die Schlafenszeit hat bald ein Ende

werde mich ab Mittwoch für 3 Wochen auf Reisen begeben und danach bzw. spät. Anfang September werd ich euch genaues aufzeigen können :D bzw. sollte TMEI bereits dies aufgezeigt haben

José
vorsicht:

der MM an der FSE ist schlimmer als die OTC
die Kurse die von ihm gestellt werden sind MONDKURSE, zu welchen er einem 1. keine Stücke gibt bzw. 2. auch keine abnimmt - also Geld und Brief dieses Jungen sind quasi nicht zu gebrauchen

in den letzten Tagen hat er dazuhin auch noch einige Kleinanleger abgezockt indem er ihnen für 0,29 und 0,28 Euro Stücke gab wobei er sich in den USA für 0,25 Euro umgerechnet eindecken konnte

Also: geht lieber in die USA - immer noch besser als diesen ...

werd mal schaun was sich da mit der Handelsüberwachung klären lässt

José
tägliche Produktion hat die 1.500er Marke in Kas. überschritten :D

José
macht über 500.000 Barrel bereits aufs Jahr hochgerechnet

bei einem Verk. Preis von sagen wir 22 US Dollar - 12 Mil. US Dollar :)
und die 1.500 sind nun ohne jegliche "techn. Anstrengung" bzw. Ausreizung erreicht

José
Press Release Source: Transmeridian Exploration Inc.


Transmeridian Exploration Spuds Third Well in South Alibek
Tuesday August 5, 10:39 am ET
TMEI Begins Accelerated Drilling in the South Alibek Field


HOUSTON--(BUSINESS WIRE)--Aug. 5, 2003--Transmeridian Exploration Inc. (OTCBB:TMXN - News) announced today that it has spud South Alibek 4 (SA-4), the third of an initial seven well drilling program in the South Alibek Field. This well is 1 mile southeast of SA-1 and nearly 3 miles from SA-2, which was spud in early July and is currently at the 13 3/8th inch casing depth of 2,460 feet. Both SA-2 and SA-4 are planned to drill the same KT1 and KT2 carbonate reservoirs being tested by SA-1, to a total depth of 13,125 feet.
The first well, SA-1, confirmed the oil discovery in the KT1 and KT2 carbonate reservoirs. "We have opened a second 66 foot interval and the well flowed at an initial rate of 1,100 bopd on an 11mm choke," noted Bruce Falkenstein, vice president exploration & geology. "Pressure data indicates significant formation damage which could be remedied by an effective acid treatment. We plan to open a third interval of about 60 feet this weekend, after which we will perform the clean up and acid treatment which is designed to remedy formation damage. All three combined zones will be placed on extended production by mid-August. We should have a better picture of the well`s potential once this work is completed."

Commenting on this recent news, Lorrie Olivier, chairman and CEO of TMXN said, "The plan to drill two wells at a time, and subsequent wells back to back, using our recent $30 million financing, should achieve our goal of producing sufficient cash flow from the Field to fund our development operations and debt service on the earliest possible timeframe."

About Transmeridian Exploration Inc.

Transmeridian Exploration Inc. (TMXN) is an independent energy company established to acquire and develop oil reserves in the Caspian Sea region of the former Soviet Union. TMXN primarily targets medium-sized fields with proved or probable reserves and significant upside reserve potential. Its first major project is the South Alibek Field in Kazakhstan. As of Dec. 31, 2002, the Company`s proved reserves in the Field were 17.1 million barrels, with an estimated net present value of $144 million. Ultimate potential of the field is estimated by Ryder Scott Company to be 378 million barrels of oil.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created therein. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including but not limited to those discussed in the Company`s Annual Report on Form 10-K for the year ended Dec. 31, 2002. Although Transmeridian Exploration Inc. believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion herein should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. TMEI discloses proved reserves that comply with the Securities and Exchange Commission`s (SEC) definitions. Note that the Company`s use of terms such as "ultimate potential" and "recoverable reserves" include quantities of oil that are not yet classified as proved and which the SEC guidelines do not allow us to include in filings with the SEC."



--------------------------------------------------------------------------------
Contact:
Transmeridian Exploration Inc., Houston
Lorrie T. Olivier, 281-999-9091
Fax: 281-999-9094
E-mail: tmei@tmei.com
Website: www.tmei.com
or
MRB Investor Relations, LLC, New York
Charles Nelson, 212-495-0200 x15
Fax: 212-495-0746
E-mail: cnelson@mrb-ir.com
muss mich etwas verbessern, da ich jetzt genaue Zahlen habe:

also für die aktuelle Testproduktion erhalten wir 9 bis 10 US Dollar per Barrel

bei Aufnahme der kommerziellen bzw. mit Aufwertung des Öl´s in der Poroduction Facilitie um die 17 US Dollar

José
damit ihr nicht sagt ihr lass nur das pos. von mir:

in Texas verlaufen die Gas-Bohrungen weniger erfolgreich. Die Finanzierung dort steht und es wird nun seit einige Zeit gebohrt.

Das 1. Loch war ein Fehlschlag, da es zu "fest" versiegelt war bzw. der Eingang ins Loch nicht mehr verwendbar ist (wurde bereits vor einige Jahren schon einmal genutzt und man wollte es jetzt wieder öffnen )


dafür sieht es in Kas. hervorragend aus :)

den erneuten Einbruch im Kurs bzw. dass wir nicht nach oben laufen ist auf ein erneutes "Verkaufen" von Mr.Holstein zurückzuführen

also Chance nutzen und KAUFEN


José :cool:
lang steht der Zug nicht mehr im Bahnhof

noch dieses Jahr werden wir Dinge sehen :D

José
@all

Wie so oft zeigt sich: Die Spekulation ist mehr "wert" als das Faktum.

Die Zeit von TMXN wird noch anbrechen. Vorerst ist die Luft dünner. Man kann die Zeit jetzt nutzen, um das strategische Investment durchzuführen, d.h. langsam Positionen aufzubauen.
laut aktuellen Informationen direkt von Herrn Olivier laufen die Arbeiten in Kas. ohne Probleme.

An den treating facilities wird täglich 12 bis 14 Stunden gearbeitet um diese so schnell wie möglich fertigzustellen.

Mr.Holstein ist derzeit wieder am Markt aktiv und verkauft Stücke - dies nutzen die MM´s gnadenlos aus und geben dem Herren so wenig wie möglich für seine Papiere - was bei TMEI ja kein Problem ist, da es sich um einen extrem dünnen Handel dreht


also Chance nutzen und zu 0,20 US Dollar einsammeln

José
man sollte es sich vor Augen führen:

0,20 US Dollar aktueller Kurs
ergibt eine Marktkap. von weniger als 13 Mil.US Dollar!

Erst vor kurzem wurde eine Finanzierung über 30 Mil. US Dollar gegeben tss....

Entweder dieses Aktie geht durch die Decke oder wir werden bald etwas negatives erfahren

m.E. ist: diese Aktie ist deutlich unterbewertet - Mr. Olivier sagt die Wahrheit und unser P.Holstein ist der Verkäufer der für die schwache Kursentwicklung sorgt

José
The need for a long- term EU common energy policy is becoming all the more urgent, as there is an increasing trend in Europe`s oil and gas dependence. Energy consumption in the European continent is due to increase in the coming years and it is acknowledged that EU oil and gas reserves will not be sufficient to cover the energy demand. The current oil dependence of the EU amounts to 76% and gas dependence is equal to 40%. These numbers are projected to increase in a 20-30 years time to 90% for oil and 70% for gas, whereas eastern enlargement is likely to exacerbate the afore mentioned trends. Furthermore, up to 40% of gas imported to the EU comes and will come in the future from Russia. The EU candidate States have an oil dependence of 90-94% and gas dependence of 60-90%. All these calculations point to the need for cure of all the structural weaknesses of the energy markets within the EU, by: a) making full exploitation of the discovered European energy fields, b) harmonizing the regulatory competition frameworks of the 15 and c) creating an internal EU energy market. With respect to the EU energy reserves, the considerable North Sea oil field amounts to 4,4% of world production, however its oil reservoir is bound to be exhausted within 25 years. Norway has proven reserves of 11bn barrels of oil due to last 23 years and 1,77 mn cm of gas due to last 10 years. Moreover, there exists a significant energy potential in the Barents Sea yet to be exploited. As a consequence, the European energy reservoirs are likely to cover part of Europe`s energy demand for the short- term of the next 20-25 years only.



On the contrary, the production scenarios for Russia and the wider Caspian and Central Asia (C, C.A.) region are mostly encouraging. The Russian government plans to increase production of both gas (from 590bn cm/y to 660bn cm/y) and oil from (from 305bn t/y to 320bn t/y) over the next five years. Russia has the largest gas reserves worldwide. With a view to the increasing energy demands of Europe, the Russian government and Gazprom decided to open a giant new field for exploration in the Yamal- Nenetsk Autonomous Region, the Zapolyarnoe field, whose reserves are estimated at 3,3 tcm. At maximum, the field will provide about 100bn cm of natural gas per year. However, the Russian weak point is oil, since Russia is the second oil consumer. Oil production dropped between 1989- 1991 but from the mid 90s it is again on track.



Regarding the C, C.A. region, Kazakhstan dominates in oil production with 45mn t in 2000 and a constant increasing trend of 70mn t in 2005, 100mn t in 2010 and reaching the highest oil production forecast of 160mn t in 2020. This accelerating forecast is due on the one hand to the ongoing drilling and extraction processes in the vast Tenguiz, Karachaganak and Kashagan fields. The respective oil consumption forecasts for Kazakhstan amount to 84% by 2020, which shows that there exists a considerable gap between oil production and consumption in Kazakhstan, making this country one of the biggest potential oil suppliers of the EU. Already, the first oil from Tenguiz is moving to Novorossisk through the CPC (Caspian Pipeline Consortium) pipeline and from the Russian port to the Bosphorus Straits and the EU markets. Azerbaijan is following with 120mn t of oil production and its respective consumption forecast only to 25,9mn t for the year 2020! However, the extraction process is moving quite slowly in Azerbaijan, due mainly to the geological and technical difficulties the oil companies are facing. In the year 2001, Chevron and Agip operating in the Absheron and Kurdashi fields respectively showed great reluctance to honor their commitments undertaken in the Production Sharing Agreements (PSAs) and to continue drilling, as the test drills failed to find commercially viable reserves. Turkmenistan on the other side of the Caspian has an amazing gas production and consumption forecast for the year 2020 of 129,8bn cm and 18,7bn cm respectively! Turkmen resources in the Caspian are estimated at 11 bn tn of oil and 5,5 tcm of gas. Turkmenistan rates as the fourth world gas producer, however transportation encounters serious difficulties due to the distant geographic location and the severe dangers of possible under- Caspian pipelines. Turkmen President Saparmurat Niyazov announced in late October 2001 that Turkmenistan will sign PSAs for 47 oil and gas blocks with foreign companies by the beginning of the year 2002.



The Middle East (OPEC) represents 45% of the EU current oil imports with OPEC average production cost at 2$ bpd, whereas the non- OPEC average production cost rates at 5$bpd. The launch of the EU- Russia strategic energy partnership in November 30, 2000 in Paris along with the vast energy potential of the C, CA have refocused the attention on the need for the EU to diversify its energy supply resources by decreasing its dependence on OPEC, in order to secure energy supply for the long- term perspective. The C, CA reserves can become an alternative- not a substitute- to the Middle East reservoir, however they should not be exaggerated. Overall, there are around 200bn bpd of oil and 10-18 tcm of gas. By 2010 the available oil for export will be around 2,5mn bpd, as specialists estimate that the extraction process is going very slowly, especially in Azerbaijan, where a significant lack of infrastructure and know-how of the people are witnessed. The EU goals of a) securing energy supply and b) diversifying of supply resources in order to minimize external risk factors and dependence of one source, as they are enshrined in the 2000 Green Paper of the European Commission on energy security, could not have been stated in a more realistic way. The question is how, in what way these goals will be better and faster served, so that the EU can acquire a long-term energy strategy and secure the future energy supply for its current and prospective Member-States.



It is becoming all the more clear- especially after the September 11 events- that there is an urgent need for the EU to get more actively and intensively involved in the Caucasus, Central Asia and the Caspian Basin, if it wishes to acquire a more substantive role, both in the economic and the political levels, in the energy and security developments in the wider European order. There exist a big number of bilateral programs and actions of economic nature of the EU under the heading "External Actions" of the EU budget for each country of the C, CA region separately, however the EU has not so far adopted a single multilateral program of economic assistance for the whole area. The TACIS program provides for technical and financial assistance along with transfer of know- how for Russia, the CIS and the NIS having a distinct budget for each country scheduled on a mid- term basis. The TACIS program is considered as the most useful financial tool for the implementation of the Partnership and Cooperation Agreements (PCAs) of the EU for most of the countries of the former Soviet Union. The PCAs have proved, all along these years after the demise of the Soviet Union, useful tools in the process of approximation of these countries to the EU standards, however they have not produced the desired results, due to a certain extent to the inefficient Brussels bureaucracy of the External Relations Directorate General of the European Commission as well as to the lack of coordination between the TACIS and the PCAs mechanisms, as it is frequently admitted by officials of the European Commission itself.



In the case of Russia especially, the allocation of funds for institutional reform and democratization have proved of the utmost inefficiency, whereas the common strategy for Russia and Ukraine still remain on the paper, despite the prompt answer from the Russian side of the Mid- Term Strategy of the Russian Federation for its relations with the EU. Moving on to concrete sectors of the economy, the INOGATE program aims at assisting the CIS and the NIS in reforming their energy sector, through the support for investments from European companies in the region. The Umbrella Agreement may help towards this direction. In the transport area, TRACECA has been designed to create a Pan- European Transports System linking the EU Transport Corridors with the wider Eurasian space through the strategic Black Sea area by upgrading the existing road and railways as well as constructing new ones.



Moreover, in the sensitive sphere of foreign policy, it is about time for the EU to make the best out of the mechanism of the Common Foreign and Security Policy (CFSP), as the latter is foreseen in the Title 5 of the Amsterdam Treaty. Through the activation and upgrading of all the CFSP instruments (art. 11-15 TEU), the EU should get more actively involved in the conflict prevention and conflict resolution processes in the Caucasus and Central Asia, i.e. by adopting and implementing common positions and joint actions on the ground as well as by putting into use the common strategies for Russia and Ukraine. The issue of security and conflict resolution in the Caucasus in particular is of vital importance for the EU due to the fact that this area is the main transit route for the pipelines bringing oil and gas from the C and CA to the western markets. The strong correlation between political security and energy security acquires value added, as security and safe transit in the Caucasus reveals as a sine- qua- non for the transportation of the hydrocarbons to the energy dependent EU.



It should not be neglected that many EU companies are operating in the region and fully participate with high percentages in the PSAs for the exploitation of huge oil and gas fields in Azerbaijan and Kazakhstan and now in Turkmenistan too. We should not forget either that the Italian oil company ENI recently became the single operator of the most promising Kashagan field in South- East Kazakhstan. The EU should be more active in preserving the interests of its companies and an efficient way to do that could be through the adoption of a common position (art. 12 TEU) for a single legal framework of participation of EU companies in the PSAs. The issue of the energy transit routes from C, CA to the EU (East-West and North-South) is primarily an economic one and therefore the European Commission should assess the various proposals for participation of European companies in the PSAs in the Caspian, as well as in the construction of the pipeline projects first on an economic/financial basis and subsequently taking into account the various security considerations, i.e. to examine the economic feasibility of each pipeline project. A second step would be the evaluation of all these projects and the selection of the most attracting and useful ones for the EU energy needs. So far, the EU has abstained from taking a firm stance, needless to say adopting a common position on the issue of the Caspian energy export routes, due to the sensitive political and geo strategic considerations and interests of the 15 Member-States. However, if the EU wants to acquire a unique external voice and support its vital energy and economic interests, it should go through the process of elaborating a common position (art. 12 TEU) on this issue as well.
@ Jose

Hier ein kleiner Schönheitsfleck bei TMXN:
50 % (!) des South Alibek Feldes müssen wegen der Finanzierung abgegeben werden.
Das ist natürlich happig... sicherlich immer noch gut, aber damit hat man auch
nur noch die Hälfte an Werten. Das ist bisher nicht in der Bilanz...
Caspi Neft und damit South Alibek wird zu 100% bilanziert ! Und 1/4 des
ersten Darlehens, 5 Mio $, bleibt dann und muss aus laufender Produktion
erstmal zurückgezahlt werden.
in Kürze:

20 Mio $ Finanzierung...falls diese und eine 30 Mio
Finanzierung danach geleistet werden, dann Optionseinlösung
möglich für 50%. Dafür werden 15 von den ersten 20 abgelöst-
der Rest, 5, ist zurückzuzahlen. Dann kommen weitere 30 Mio ,
die wiederum (diesmal voll) zurückzuzahlen sind.

Vorteil dabei: keine Aktienausgabe dafür
Nachteil: Verlust von 50% an den Vorkommen!
Damit quasi 60 Mio neue Aktien...wie 50% Dilution...

Das ist wie damals bei Teton, nur unter besseren (!) Konditionen. Teton ist danach trotz guter Zahlen schlecht gelaufen!

Spekulativ bleibt, ob diese für TMXN recht hohe Finanzierung geleistet werden kann. Das ist nicht gesichert, aber wahrscheinlich.

Fazit: TMXN ist sicherlich stark unterbewertet, wenn alles gut und glatt läuft, aber dieser Aspekt war mir bisher nicht bekannt. Damit zunächst nur noch Watchlist.

Der Wert sollte sich zunächst mal wieder bei 0.30 $ einpendeln. Bei guten Zahlen demnächst sind auch 0.50 $ drin. Das ist bei dem Risiko aber zuwenig Potenzial. Deswegen nur rein, wenn man gute Infos und Ahnung hat, auf was man sich einläst.

Grüße RI
wie kommst du auf 60 Mil. neue Aktien ?

das ist sorry - Schwachsinn
Du meinst doch nicht wirklich, dass das Darlehen in Aktien zurückgezahlt wird !

Das Darlehen wird aus dem Cash-Flow bzw. einem günstigeren Darlehen, welches bereits in Verhandlung mit BNP Par. ist umfinanziert !!!!

die 30 Mil. stehen bereits und werden bereits verwendet
dass TMEI für 50 Mil. Darlehen + 15 Mil. Cash - also 65 Mil. 50 % des Feldes abgibt ist seit Anfang an bekannt. Damals war noch niemand klar, dass dieses Feld derartig gigantische Ausmaße hat - es war schon für damalige Verhältnisse wahnsinn, dass ein derartig kleines Unternehmen wie TMEI einen solch enormen Kredit bekommt und nicht mit Dilution wie Eurogas oder sonstige misserabel geführte Unternehmen sich finanzieren muss.


des weiteren gehört TMEI das Feld zu 100 % so lange, bis von den Einnahmen die Darlehen zurückgeführt sind !


ich denke du hast hier einiges falsch interpretiert

allemal einen schönen Sonntag


José
@ Jose

15 Mio sind von den 50 Mio. abzurechnen und werden für die 50% in Rechnung gestellt. Damit bleiben 35 Mio. Darlehen, die zurückgezahlt werden + Verkauf von 50% des Feldes für 15 Mio. .

Mit den 60 Mio Aktien hast du mich missverstanden. Ich meinte, dass 50% Verkauf gegen 15 Mio $ de facto eine Verwässerung des jetzigen Aktienkapitals um 100% gleichkommt, genauso hätte man knapp 60 Mio neue Aktien für 15 Mio. $ ausgeben können (das doppelte der jetzt vorhanden Anzahl, entspricht ca. der jetzigen Kapitalisierung).

Natürlich ist das Finanzierungsvolumen groß, jedoch ist eine 50 - 50 Teilung nach meiner Meinung kein guter Weg.

Beobachten wir weiter, was passiert. Das Projekt und das Umfeld ist gut...
wie gesagt die 50 % sind lange bekannt

100% dieses Feldes könnte TMEI nie und nimmer selbsständig entwickeln, dafür ist man einfach zu klein und das Feld zu groß :kiss:

mal schaun wie sich die Sache entwickelt

ich erwarte in nächster Zeit wieder Neuigkeiten aus Kassachstan

mal schaun was Mr. Olivier uns mitbringt

José
hier ein Statement von heute morgen (can.Zeit) von Nick Zana (CEO von Nelson Res.)

Currently, production is drawn from seven new wells and one workover well, with three drill rigs in operation. Mr. Zana noted that "in carbonate reservoirs, such as that at Alibekmola, initial well flow rates can range considerably, from a low of about 200 bopd, which is the case with Well No. 56, and up to 1,575 bopd, the flow rate from Well No. 58."

TMEI wird dieses Jahr noch 3 Wells fertigstellen

in Kürze dürften wir erfahren, was das 1. Well denn nun wirklich bringt

also es ist alles möglich: sagen wir mal zwischen 1.500 Barrel im schlechtesten Fall bis 5.000 Barrel im bestmöglichen Fall bis Ende diesen Jahr