600% Produktionssteigerung in 12 Monaten, Kurs fast unverändert!!!!! - 500 Beiträge pro Seite

[waldhoffan]

Seht her, da ist einiges drin in der nächsten Zeit!


STEAMBOAT SPRINGS, Colo., Aug 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- Teton Petroleum Company (OTC Bulletin Board: TTPT; Frankfurt: TP9) announced today that it is completing two new wells and commencing with a third well.
"Our field production has increased 600% over the past twelve months to 6,000 barrels a day and this will keep our production targets on track," said H. Howard Cooper, President of Teton Petroleum.

Teton today also announced the appointment of Igor Effimoff as their Chief Operating Officer. Most recently, Mr. Effimoff was President of Pennzoil Caspian Corporation, managing that company`s interests in the Caspian Region. This included the Azerbaijan International Oil Consortium (AIOC), formed to develop the 4.5 BBO Azeri-Chirag-Guneshli (ACG) Fields, offshore Azerbaijan, at a projected cost of $10 billion. He started his career in 1972 as a geologist with Shell and since 1981 has worked with several independent oil and gas companies in a senior management capacity.

"Mr. Effimoff brings a lot to the table," said H. Howard Cooper, President of Teton Petroleum. "He is a seasoned senior manager with some 30 years of experience internationally and in the U.S. He will be instrumental in assisting us with development of our current oil reserves and enabling us to identify new opportunities in the region. Teton`s Board of Directors and I are very pleased to have Igor as a key member of our team."

Teton Petroleum is an oil and gas exploration and production company which conducts its active business solely through a 50 percent ownership interest in Goltech LLC, a Texas limited liability company, which, in turn, operates solely through ownership of 70.59 percent interest in Goloil, a Russian closed joint stock company. Goloil owns the Eguryak license in Western Siberia. According to a reserve audit prepared by Gustavson Associates, Inc., the Eguryak license contains 41.96 million barrels of proven reserves net to Teton. Teton`s field production in Western Siberia has increased to 6,000 barrels of oil per day, net to Teton 1,500 barrels per day. Additional information about Teton is available at its web site, www.tetonpetroleum.com .

This press release may make forward-looking statements, which are subject to various uncertainties and risks that could affect their outcome. Factors, which could cause or contribute to differences include, but are not limited to, economic conditions, product demand and sales, interest rates, foreign currency exchange rates, competition and competitors` actions, and changes in the petroleum industry. Please refer to the company`s 10-K, 10-Qs and other SEC filings for a more detailed discussion of the risks. This press release does not constitute an offer to sell or solicitation of an offer to buy Teton Petroleum securities.

For further information, please contact: USA, Greg Powell, General Manager, [e-mail], or Bevo Beaven, Vice President, both of CTA Public Relations, [phone]; or CANADA, John Robinson of Current Capital, [phone], [e-mail]; or AUSTRIA, SWITZERLAND, GERMANY, Rudolf Heinz, (49) 69-970-9130, [e-mail], all for Teton Petroleum Company.

Dazu kommen noch 800% Steigerung der Einnahmen in 12 Monaten!

STEAMBOAT SPRINGS, Colo., Aug. 20 /PRNewswire-FirstCall/ -- Teton Petroleum Company (OTC Bulletin Board: TTPT, Frankfurt: TP9) announced today that revenues increased dramatically from $155,003 in 2001 to $1,279,661 in 2002, as a result of significant increases in production as new wells come on stream. In addition, the completion of the pipeline to intersect with the TransNeft pipeline in late 2001 resulted in the capability to ship production throughout the quarter.

Teton also reported today that it has been successful in raising $3,533,643 in the form of a convertible debenture. The Convertible Debentures will be converted to common stock on September 1, 2002.

"We are extremely satisfied that our revenues have increased by 800% over last year at this time. In addition, with the successful fund raising we are able to continue our drilling program in Western Siberia to further accelerate cash flow," said H. Howard Cooper, President of Teton Petroleum.

Costs rose commensurate with the increases in production and new facilities coming on line, both in Siberia and in the US. Siberian cost increases related directly to production, while US cost increases were principally for additional consulting and services necessary for capital raising activities to provide the capital needed to drill and complete the additional wells and related infra-structure.

A second quarter net loss of $5,166,785, or $0.18 per share, includes non-cash, non-operating charges of $3,942,667 arising from amortization of imputed discount related to the sale of Convertible Debentures. This charge has no effect on the company`s capital position as the accounting creation of the discount increased capital by a like amount.

Without this charge, the loss for the quarter would have been $1,224,118 or $0.04 per share.

Teton Petroleum is an oil and gas exploration and production company which conducts its active business solely through a 50 percent ownership interest in Goltech LLC, a Texas limited liability company, which, in turn, operates solely through ownership of 70.59 percent interest in Goloil, a Russian closed joint stock company. Goloil owns the Eguryak license in Western Siberia. According to a reserve audit prepared by Gustavson Associates, Inc., the Eguryak license contains 41.96 million barrels of proven reserves net to Teton. Teton`s field production in Western Siberia has increased to 6,000 barrels of oil per day, net to Teton 1,500 barrels per day. Additional information about Teton is available at its web site, www.tetonpetroleum.com .

This press release may make forward-looking statements, which are subject to various uncertainties and risks that could affect their outcome. Factors, which could cause or contribute to differences include, but are not limited to, economic conditions, product demand and sales, interest rates, foreign currency exchange rates, competition and competitors` actions, and changes in the petroleum industry. Please refer to the company`s 10-K, 10-Qs and other SEC filings for a more detailed discussion of the risks. This press release does not constitute an offer to sell or solicitation of an offer to buy Teton Petroleum securities.

For further information, please contact: USA, Greg Powell, General Manager, [e-mail], or Bevo Beaven, Vice President, both of CTA Public Relations, [phone]; or CANADA, John Robinson of Current Capital, [phone], [e-mail]; or AUSTRIA, SWITZERLAND, GERMANY, Rudolf Heinz, (49) 69-970-9130, [e-mail], all for Teton Petroleum Company.


Was denkt ihr was in Zukunft kommt??

Sobald die Leute mal auf den Trichter kommen gehts rund!
Dieser Firma gehts gut!!!

[hagentronje]

6000 barrels/Tag ?
Reicht wohl grade für ne kleine Tankstelle ??

[mn00]

6000 x 5 USD Gewinn/Tag

[BSP]

*vwd/PRN: Teton gibt Abschluss der Privatplatzierung von Wandels
*vwd/PRN: Teton gibt Abschluss der Privatplatzierung von
Wandelschuldverschreibungen

Mitteilung uebermittelt von PR Newswire. Fuer den Inhalt ist
allein das berichtende Unternehmen verantwortlich.

und Bezugsrechten in Höhe von 4,4 Mio. US$ bekannt
PR Newswire
Steamboat Springs, Colorado - Wie Teton Petroleum Company (Aktiensymbol
am
OTC Bulletin Board: TTPT, an der Frankfurter Börse: TP9) heute bekannt
gab,
hat die Gesellschaft die Privatplatzierung ihrer 10%-igen
Wandelschuldverschreibungen in Höhe von 4,4 Mio. US$ abgeschlossen.
Diese
Wandelschuldverschreibungen sind in Stammaktien mit Bezugsrecht
wandelbar.
Für die den Wandelschuldverschreibungen und Bezugsrechten zu Grunde
liegenden Stammaktien bestehen keine Eintragungsrechte; auch sind die
Verkaufsrechte im 1. Jahr eingeschränkt. Aus diesem Grund erwartet Teton
keinen Verkaufsdruck auf die Stammaktien der Gesellschaft als Ergebnis
dieser
Finanzierung.

"Die Erlöse aus der Privatplatzierung kommen den Barreserven von Teton
zu Gute und werden uns in die Lage versetzen, unser Bohrprogramm in
Westsibirien weiter zu betreiben", erklärt Howard Cooper, Vorsitzender
von Teton Petroleum. "Wir sind über den Abschluss der Privatplatzierung
sehr erfreut. Dank der aus ihr erzielten Erlöse - zusammen mit den
vorhandenen liquiden Mitteln - können wir unsere Geschäftspläne in
Russland besser verwirklichen."

Teton ist ein Unternehmen, das sich auf die Erschließung und Förderung von
Erdöl- und Erdgas konzentriert. Die Geschäfte erfolgen ausschließlich
durch einen 50%-Anteil an der Goltech LLC, einer GmbH aus Texas, die
ihrerseits ausschließlich durch einen 70,59%-Anteil an Goloil, einer
Closed-Joint-Aktiengesellschaft in Russland, operiert. Goloil besitzt die
Förderlizenz für Eguryak in Westsibirien. Laut einer Reservenprüfung durch
Gustavson Associates, Inc. enthält das lizenzierte Fördergebiet in Eguryak
41,96 Millionen Barrel gesicherter Nettoreserven für Teton. Weitere
Informationen über Teton erhalten Sie auf unserer Website unter
http://www.tetonpetroleum.com/
.

Diese Pressemitteilung enthält möglicherweise zukunftsorientierte Aussagen,
die verschiedenen Unwägbarkeiten und Risiken mit möglichen Auswirkungen
auf
ihr Eintreffen unterliegen. Zu den Faktoren, die zu Abweichungen führen
können, gehören u. a. (aber nicht ausschließlich) wirtschaftliche
Bedingungen, Nachfrage und Vertrieb, Zinssätze, Wechselkurse, die
Wettbewerbssituation, sowie Veränderungen in der Mineralölindustrie.
Einzelheiten zu diesen Risiken werden auf den Formblättern 10-K, und 10-Qs,

sowie sonstigen Akten des Unternehmens bei der SEC aufgeführt. Diese
Pressemitteilung stellt weder ein Verkaufsangebot noch eine Aufforderung
zum
Kauf der Anteile an Teton Petroleum dar.

Website:
http://www.tetonpetroleum.com/

H. Howard Cooper, Vorsitzender der Teton Petroleum Company,
[phone],
[e-mail]
; oder Investor Relations, USA: CTA Public Relations, [phone], oder
[phone], oder
[e-mail]
, oder
[e-mail]
, oder Canada: Current Capital, [phone], oder [phone],
[e-mail]
, oder ÖSTERREICH, Schweiz, Deutschland: Rudolf Heinz, [phone],

[e-mail]

(dank an berta)