Chaparral Resources (CHAR) -Kaspi Öl - 500 Beiträge pro Seite

[Upturner]

aus der Aton Moskau "CASPIAN OILS"


– Buy, current $1.3, target $3.3, upside potential of
161%.
The company’s small scale and a lack of investor interest are the only explanations we see
for the dramatic undervaluation of its stock. In the last several years, CHAR recorded
strong production growth and seven consecutive quarters of positive operating cash flow. In
2004, production is set to soar another 35% (following the successful 2002-03 drilling
campaign), resulting in 50%-60% growth in EBITDA and net income.
Despite its strong fundamentals, CHAR trades at just two times 04F EBITDA and four
times earnings – the lowest multiples in our Caspian universe and arguably in the world for
a producing, free cash flow positive oil company.
In our view, the low valuation and massive upside potential more than offset the little scope
for reserve growth (CHAR focuses on just one mid-size Karakuduk field) and the corporate
governance risks embedded in its capital structure.
A cheap cash flow generator, CHAR is a natural acquisition target for larger reserve-heavy,
cash-flow challenged producers in the region. Nelson has been mentioned as one of the
potential suitors; majority ownership of both companies by a local financial-industrial
group adds credibility to the rumors.
Our DCF-based target of $3.3 implies 05F EBITDA multiple of around 3 times and
earnings multiple of 9.5; our asset based valuation of $4.4 suggests 254% appreciation
potential.

deutsche firmeninfos unter
http://www.russlandaktien.info/Firmen_Kaspi/Nelson/Chaparral…

[NicholasVanOrton]

Hi

Hast du inzwischen rausgefungen wer von der Pipeline nach Nachodka profitiert?

Oder soll ich dich in Ruhe lassen?

Gruß NVO

[NicholasVanOrton]

Würde gerne Nelson kaufen kann aber nicht.Hab mich schon in Berlin erkungigt aber die wissen auch nicht wann ein listing ansteht.

Gruß NVO

[Upturner]

bin gerade aus portugal zurück

du kannst in 2 wochen mal auf unserer seite unter aton vorbeischauen und die 160 seiten zu den kaspi ölis lesen


nelson kannst du doch in kanada oder den staaten kaufen, wenn du sie unbedingt haben möchtest

gruss guido

[JosedelaVega]

@ Upturner

wenn du schon CHAR empfiehlst, dann solltest du auch dazusagen,
dass Nelson sich über 60 % der Gesellschaft für umgerechnet: 1 US Dollar je Aktie vor wenigen Tagen gekauft hat !

Warum verkauft jemand zu 1 US Dollar wenn der Wert 3 US Dollar ist ...
das ist meine Frage !

José

[Upturner]

das ist eine gute frage.

aber warum verkauft man z.zt pkz zu weit weniger als 29 usd -nämlich ca. 25-27 usd- an der börse.

in ein paar wochen kann man 5 % seines bestandes an pkz-aktien zu 29 usd an pkz (aktienrückkauf) verkaufen


mal schauen, wie die analysten nach der nelson aktion zu char stehen

[kazman]

Was ist Deine Antwort Jose ?

[JosedelaVega]

es geht erst mal runter
- 6 %

José

[Upturner]

mal unter

http://www.chaparralresources.com/investor.html



die power point datei vom 2. august runterladen

[Upturner]

WHITE PLAINS, NEW YORK, AUGUST 16, 2004 – Chaparral Resources, Inc. (OTCBB: CHAR)
today announced its financial results for the second quarter 2004. The Company reported a net income of
$1.3 million, or 3 cents per share, for the quarter ended June 30, 2004, compared to a net loss of $1.11
million, or 3 cents per share, for the quarter ended June 30, 2003. The $2.41 million increase in Chaparral’s net
income primarily relates to higher revenues as a result of higher volumes sold and higher prices achieved during
the second quarter of 2004.
Revenues were $17.47 million for the second quarter of 2004 compared with $8.47 million for the second
quarter of 2003. The $9.0 million increase is the result of greater volumes sold and higher prices achieved
during the second quarter of 2004 as compared to the same period of 2003. During the second quarter of
2004, the Company sold approximately 666,000 barrels of crude oil, recognizing $17.47 million, or $26.24 per
barrel, in revenue. Comparably, the Company sold approximately 455,000 barrels of crude oil, recognizing
$8.47 million in revenue, or $18.62 per barrel, for the second quarter 2003. The result is a positive price
variance of $5.07 million in addition to a favorable volume variance of $3.93 million.
Chaparral’s operations for the six months ended June 30, 2004 resulted in a net profit of $1.93 million compared
to a net loss of $1.06 million for the six months ended June 30, 2003. The $2.99 million increase in net income
primarily relates to (i) higher sales revenue as a result of greater volumes sold and higher prices achieved, (ii)
improved operating results from the Karakuduk field, in part offset by (iii) recognition in 2003 of a $1.02 million
gain as a result of the adoption of SFAS 143, (iv) higher costs associated with increased debt obligations, (v) higher
operating costs associated with increased sales and (vi) higher income tax provision.
During the six months ended June 30, 2004, we sold approximately 1,354,000 barrels of crude oil, recognizing
$33.08 million, or $24.42 per barrel, in revenue. Comparably, we sold approximately 819,000 barrels of crude
oil, recognizing $16.29 million in revenue, or $19.89 per barrel, for the six months ended June 30, 2003. The
$16.79 million increase represents a positive price variance of $6.14 million in addition to a positive volume
variance of $10.65 million. During this period, transportation costs were $6.22 million, or $4.59 per barrel,
and operating costs associated with sales were $3.9 million, or $2.88 per barrel. Transportation costs were
$3.30 million, or $4.03 per barrel, and operating costs associated with sales were $2.53 million, or $3.09 per
barrel, for the six months ended June 30, 2003. The increase in transportation cost per barrel is the result of
higher tariffs imposed on the Company, greater volumes sold to the export market during 2004, and a
160,000 barrel sale to the local market that carried no transportation cost during 2003. The decrease in
operating cost per barrel is mainly due to lower work-over maintenance cost during the six months ended
June 30, 2004.
The Company is presently engaged in the development of the Karakuduk field, which requires substantial cash
expenditures. For the six months ended June 30, 2004, we invested approximately $15.52 million in field
development, compared with $7.62 million for the six months ended June 30, 2003. The increase of $7.9 million is
due to additional capital activities during 2004 including the ongoing drilling program, pressure maintenance
program, and construction of water injection facilities. We anticipate full year 2004 capital expenditures of
approximately $30 million. We expect to finance this expenditure through cash flows from the sale of crude oil and
external financing, as necessary. Kazkommertsbank has agreed to defer the remaining 2004 principal payments on
the non-revolving KKM Credit Facility of $5 million until early 2005.
Production during the second quarter totaled approximately 728,000 barrels, equivalent to approximately 8,000
barrels of oil per day (bopd). As of the beginning of August 2004, production is averaging 8,300 bopd. KKM is
taking steps to increase production further, by (i) the hydraulic fracturing of six existing wells, (ii) re-perforating
two wells using advanced perforating technology, (iii) mobilization of a new swabbing unit to assist in bringing
new wells into production, and (iv) evaluation and adjustment of pumping regimes and setting depths in existing
sucker rod pumped wells. We expect KKM’s production to reach 9,000 bopd by the end of 2004. The reduction
from the previous forecast of 13,000 bopd by year end is due to production from newly drilled wells being less
than anticipated. The Company has contracted an outside engineering firm to carry out sedimentology studies
which will identify future well locations in more productive sections of the reservoir. It is anticipated that these
efforts will result in increased per well productivity.
During the second quarter, 4.9 wells were drilled compared with 3.4 wells in the first quarter. As of the beginning
of August 2004, the producing well count is 53 wells. It is expected that 16 wells in total will be drilled at the field
in 2004. In addition, steps are being taken to utilize the produced gas from the field for oil heating purposes to
reduce operating costs.
As previously reported, Nelson Resources Limited (TSX: NLG) acquired a majority interest in the Company on
May 17, 2004. In June, the Company entered into an agency agreement with Nelson to assist in managing its crude
oil export quotas and marketing its crude oil. In August, the Company approved a two-year agreement with
Nelson to provide corporate administrative and financial advisory services to support the Company’s business
activities.
The Company also announced today the resignation of Mr. Miguel Soto, the Company’s Vice President-Finance
and Chief Financial Officer. Mr. Soto resigned for personal reasons effective August 16, 2004. Mr. Soto has been
replaced by Mr. Nigel Penney, who will assume the title of Vice President-Finance and Chief Financial Officer of
the Company. Mr. Penney, 45, is a Chartered Accountant with 18 years experience in the international E&P
business. He previously worked as a consultant with several UK and international oil and gas companies on
projects such as a UK AIM listing, due diligence, contract negotiations and reviews of accounting systems, policies
and procedures. From 2001 to 2002 he was Vice-President Finance of PanAfrican Energy Corporation, from 1998
to 2000, Finance Director of Ramco Oil and Gas and from 1996 to 1997, Finance and Administration Controller,
Santos Europe Ltd. Prior to this he held several position with affiliates of Mobil Oil Corporation, latterly as
Treasurer, Mobil North Sea Ltd.
Simon K. Gill, Chief Executive Officer of Chaparral, commented, “I am pleased to report that a new management
team, led by the General Director Paul S. Ties and the Finance Director Kairat Rakhishov, has been introduced in
KKM in early June 2004. In an effort to improve the operational management of the company, new management
personnel were also installed in project management, drilling, materials, geology and legal. The focus of the team is
(i) definition of the reservoir to improve drilling and waterflood performance, (ii) optimization of artificial lift and
surface facilities to increase production from existing wells, (iii) improving workover and completion practices, (iv)
reviewing contract procedures and all contracts to reduce costs and (v) identifying and implementing opportunities
to increase operational efficiencies, to increase production and to reduce costs. I expect that these efforts will
result in increased performance in the second half of 2004 and the future.”
Chaparral Resources, Inc. is an international oil and gas exploration and production company. The
Company’s only operating asset is its participation in the development of the Karakuduk field through KKM,
of which Chaparral is the operator. The Company has a 60% ownership interest in KKM with the other 40%
ownership interest being held by Joint Stock Company KazMunayGaz, the national petroleum company of
Kazakhstan. Nelson Resources Limited, an independent oil company listed on the Toronto Stock Exchange
and the Alternative Investment Market of the London Stock Exchange, holds a majority interest in Chaparral
and operates several other producing oil fields in Kazakhstan. More information is available on the
Company’s web site, www.chaparralresources.com.

[Upturner]

warum trotz dieser tollen zahlen kein interesse an chaparral vorliegt, ich weiss es nicht.
nur an nelson kann es nicht liegen, denn selbst vor der übernahme der 60 % aktien, hat sich für char niemand interessiert.
der gewinn von ein paar cent darf nicht täuschen, denn char finanziert alleine dieses jahr 30 mill an investitionen zu grossen teilen aus dem cashflow.
man stelle sich vor, sie haben ihre 100 bohrlöcher und minimale investitonen.
ob der kurs dann mal explodiert ?
-ich gebe nicht auf und halte meine bei < 1 gekaufte teile weiter neben pkz, dragon oil und tmxn


Chaparral Resources, Inc. Announces Second Quarter Results and New Vice President-Finance and Chief Financial Officer
WHITE PLAINS, NEW YORK, AUGUST 16, 2004 – Chaparral Resources, Inc. (OTCBB: CHAR) today announced its financial results for the second quarter 2004. The Company reported a net income of $1.3 million, or 3 cents per share, for the quarter ended June 30, 2004, compared to a net loss of $1.11 million, or 3 cents per share, for the quarter ended June 30, 2003. The $2.41 million increase in Chaparral’s net income primarily relates to higher revenues as a result of higher volumes sold and higher prices achieved during the second quarter of 2004.

Revenues were $17.47 million for the second quarter of 2004 compared with $8.47 million for the second quarter of 2003. The $9.0 million increase is the result of greater volumes sold and higher prices achieved during the second quarter of 2004 as compared to the same period of 2003. During the second quarter of 2004, the Company sold approximately 666,000 barrels of crude oil, recognizing $17.47 million, or $26.24 per barrel, in revenue. Comparably, the Company sold approximately 455,000 barrels of crude oil, recognizing $8.47 million in revenue, or $18.62 per barrel, for the second quarter 2003. The result is a positive price variance of $5.07 million in addition to a favorable volume variance of $3.93 million.

Chaparral’s operations for the six months ended June 30, 2004 resulted in a net profit of $1.93 million compared to a net loss of $1.06 million for the six months ended June 30, 2003. The $2.99 million increase in net income primarily relates to (i) higher sales revenue as a result of greater volumes sold and higher prices achieved, (ii) improved operating results from the Karakuduk field, in part offset by (iii) recognition in 2003 of a $1.02 million gain as a result of the adoption of SFAS 143, (iv) higher costs associated with increased debt obligations, (v) higher operating costs associated with increased sales and (vi) higher income tax provision.

During the six months ended June 30, 2004, we sold approximately 1,354,000 barrels of crude oil, recognizing $33.08 million, or $24.42 per barrel, in revenue. Comparably, we sold approximately 819,000 barrels of crude oil, recognizing $16.29 million in revenue, or $19.89 per barrel, for the six months ended June 30, 2003. The $16.79 million increase represents a positive price variance of $6.14 million in addition to a positive volume variance of $10.65 million. During this period, transportation costs were $6.22 million, or $4.59 per barrel, and operating costs associated with sales were $3.9 million, or $2.88 per barrel. Transportation costs were $3.30 million, or $4.03 per barrel, and operating costs associated with sales were $2.53 million, or $3.09 per barrel, for the six months ended June 30, 2003. The increase in transportation cost per barrel is the result of higher tariffs imposed on the Company, greater volumes sold to the export market during 2004, and a 160,000 barrel sale to the local market that carried no transportation cost during 2003. The decrease in operating cost per barrel is mainly due to lower work-over maintenance cost during the six months ended June 30, 2004.

The Company is presently engaged in the development of the Karakuduk field, which requires substantial cash expenditures. For the six months ended June 30, 2004, we invested approximately $15.52 million in field development, compared with $7.62 million for the six months ended June 30, 2003. The increase of $7.9 million is due to additional capital activities during 2004 including the ongoing drilling program, pressure maintenance program, and construction of water injection facilities. We anticipate full year 2004 capital expenditures of approximately $30 million. We expect to finance this expenditure through cash flows from the sale of crude oil and external financing, as necessary. Kazkommertsbank has agreed to defer the remaining 2004 principal payments on the non-revolving KKM Credit Facility of $5 million until early 2005.

Production during the second quarter totaled approximately 728,000 barrels, equivalent to approximately 8,000 barrels of oil per day (bopd). As of the beginning of August 2004, production is averaging 8,300 bopd. KKM is taking steps to increase production further, by (i) the hydraulic fracturing of six existing wells, (ii) re-perforating two wells using advanced perforating technology, (iii) mobilization of a new swabbing unit to assist in bringing new wells into production, and (iv) evaluation and adjustment of pumping regimes and setting depths in existing sucker rod pumped wells. We expect KKM’s production to reach 9,000 bopd by the end of 2004. The reduction from the previous forecast of 13,000 bopd by year end is due to production from newly drilled wells being less than anticipated. The Company has contracted an outside engineering firm to carry out sedimentology studies which will identify future well locations in more productive sections of the reservoir. It is anticipated that these efforts will result in increased per well productivity.

During the second quarter, 4.9 wells were drilled compared with 3.4 wells in the first quarter. As of the beginning of August 2004, the producing well count is 53 wells. It is expected that 16 wells in total will be drilled at the field in 2004. In addition, steps are being taken to utilize the produced gas from the field for oil heating purposes to reduce operating costs.

As previously reported, Nelson Resources Limited (TSX: NLG) acquired a majority interest in the Company on May 17, 2004. In June, the Company entered into an agency agreement with Nelson to assist in managing its crude oil export quotas and marketing its crude oil. In August, the Company approved a two-year agreement with Nelson to provide corporate administrative and financial advisory services to support the Company’s business activities.

The Company also announced today the resignation of Mr. Miguel Soto, the Company’s Vice President-Finance and Chief Financial Officer. Mr. Soto resigned for personal reasons effective August 16, 2004. Mr. Soto has been replaced by Mr. Nigel Penney, who will assume the title of Vice President-Finance and Chief Financial Officer of the Company. Mr. Penney, 45, is a Chartered Accountant with 18 years experience in the international E&P business. He previously worked as a consultant with several UK and international oil and gas companies on projects such as a UK AIM listing, due diligence, contract negotiations and reviews of accounting systems, policies and procedures. From 2001 to 2002 he was Vice-President Finance of PanAfrican Energy Corporation, from 1998 to 2000, Finance Director of Ramco Oil and Gas and from 1996 to 1997, Finance and Administration Controller, Santos Europe Ltd. Prior to this he held several position with affiliates of Mobil Oil Corporation, latterly as Treasurer, Mobil North Sea Ltd.

Simon K. Gill, Chief Executive Officer of Chaparral, commented, “I am pleased to report that a new management team, led by the General Director Paul S. Ties and the Finance Director Kairat Rakhishov, has been introduced in KKM in early June 2004. In an effort to improve the operational management of the company, new management personnel were also installed in project management, drilling, materials, geology and legal. The focus of the team is (i) definition of the reservoir to improve drilling and waterflood performance, (ii) optimization of artificial lift and surface facilities to increase production from existing wells, (iii) improving workover and completion practices, (iv) reviewing contract procedures and all contracts to reduce costs and (v) identifying and implementing opportunities to increase operational efficiencies, to increase production and to reduce costs. I expect that these efforts will result in increased performance in the second half of 2004 and the future.”

[Upturner]

Chaparral Resources Inc. Increases Production in the Third Quarter


WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Oct. 6, 2004--Chaparral Resources Inc. (OTCBB:CHAR) today announced that production for the period July through September 2004 averaged 8,290 barrels of oil per day (bopd). This compares with averages of 7,760 & 7,956 bopd in the 1st and 2nd quarters of 2004 respectively.

Simon Gill, chief executive officer of Chaparral Resources, commented, "With the appointment in May of this year of Paul Ties as managing director of Karakudukmunay (KKM), we have begun an extensive review of the technical and operational development of the Karakuduk field. This entails reevaluation of 3D seismic data, assessment of water flood and hydraulic fracture potential, analysis of new well locations and a review of operating costs and priorities. I am optimistic that these actions will result in significant improvements in future production levels. We are on target to reach our previously announced production goal of 9,000 bopd by the end of the year."

Development at the Karakuduk field continues at a rapid pace. Four new production wells were drilled during the third quarter, resulting in a total of 49 production wells currently in operation.

Chaparral Resources Inc. is an oil and gas exploration and production company. The Company`s only operating asset is its participation in the development of the Karakuduk field, in the Republic of Kazakhstan, through KKM, which is the operating company. The Company has directly and indirectly a 60% ownership interest in KKM with the other 40% ownership interest being held by Joint Stock Company KazMunayGaz, the national petroleum company of Kazakhstan. Nelson Resources Limited, an independent oil company listed on the Toronto Stock Exchange and the Alternative Investment Market of the London Stock Exchange, holds a majority interest in Chaparral and operates several other producing oil fields in Kazakhstan. More information is available on the Company`s Web site, www.chaparralresources.com.

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company`s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of oil prices, product demand, market competition, risks inherent in the Company`s international operations, imprecision of reserve estimates and Chaparral`s ability to replace and expand oil and gas reserves. These and other risks are described in the Company`s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

[Upturner]

Aton Moskau: Kazakh state oil company to sell JV stakes
KazMunaiGaz, Kazakhstan’s state oil and gas company, plans to sell its 50% stake in the
Arman field, 69% in KazMunaiGasTelf and 40% in KarakudukMunai at auction on November
24, with the latter likely to be very attractive to Nelson Resources.
The starting prices for the stakes are $28.2mn for KarakudukMunai, $9.9mn for Arman, and
$19.8mn for KazMunaiGazTelf. KazMunaiGaz’s JV partners have right of first refusal on
the stakes at the auction price; the Arman field is 50% owned by Royal Dutch/Shell and
KazMunaiGasTelf 31% owned by Swiss-based Telf AG. KarakudukMunai is 60% owned
by US-based Chaparral Resources, which in turn is 60% owned by Nelson Resources.
KarakudukMunai is financed under a complicated scheme that requires Chaparral (and thus
Nelson) to provide 100% of financing for the project in return for almost full discretion
over the JV’s cash flows. This, combined with the pre-emptive purchasing right mentioned,
provides significant leverage for Nelson if it chooses to participate in the auction.
KazMunaiGaz’s initial price values KarakudukMunai at just over $1/bbl of 2P reserves,
which we believe to be very attractive for such an asset. As a result, we would see Nelson’s
acquisition of the field as value accretive for its shareholders. The acquisition would also
open the way for full consolidation of KarakudukMunai’s assets onto Nelson’s balance
sheet, which is potentially positive news for Chaparral minority shareholders, who would
likely be bought out after Nelson consolidates 100% control over the field.
Our recommendations on Chaparral and Nelson Resources are Buy with end-2005 target
prices of $2.2 and $2.82 respectively.

[Upturner]

Chaparral Resources, Inc. Announces Third Quarter Results: Growth in Net Income and Production



WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Nov. 16, 2004--Chaparral Resources, Inc. (OTCBB:CHAR) today announced its financial results for the third quarter 2004. The Company reported a net income of $3.56 million, or 9 cents per share, for the quarter ended September 30, 2004, compared to a net income of $2.07 million, or 5 cents per share, for the quarter ended September 30, 2003. The $1.49 million increase in Chaparral`s net income is primarily a result of higher crude prices. Lower sales volumes meant that revenues were slightly lower, but this was more than offset by lower volume related transportation costs and depletion charge.

Revenues were $22.08 million for the third quarter of 2004 compared with $23.31 million for the third quarter of 2003. The $1.23 million decrease in revenue is the result of lower volumes sold partially offset by higher crude prices achieved. During the third quarter of 2004, Chaparral sold approximately 674,000 barrels of crude oil, recognizing $22.08 million in revenue, or $32.74 per barrel. For the comparable quarter of 2003, the Company sold approximately 1,098,000 barrels of crude oil, recognizing $23.31 million in revenue, or $21.23 per barrel. The unusually high volumes sold during the third quarter of 2003 included approximately 200,000 barrels of crude as a result of delayed delivery pertaining to the second quarter of 2003, which therefore did not represent production during that quarter.

Chaparral`s operations for the nine months ended September 30, 2004 resulted in a net profit of $5.49 million compared to a net income of $1.01 million for the nine months ended September 30, 2003. The $4.48 million increase primarily relates to (i) higher sales revenue as a result of higher volumes sold and higher prices achieved, and (ii) improved operational results from the Karakuduk Field, partially offset by (i) recognition in 2003 of a $1.02 million gain as a result of the adoption of FASB 143, (ii) higher costs associated with increased debt obligations, (iii) higher operational costs associated with increased sales, and (iv) higher income tax provision.

During the nine months ended September 30, 2004, the Company sold approximately 2,029,000 barrels of crude oil, recognizing revenue of $55.16 million, or $27.19 per barrel. Comparably, we sold approximately 1,917,000 barrels of crude oil, recognizing $39.59 million in revenue, or $20.65 per barrel, for the nine months ended September 30, 2003. During this period, transportation costs were $9.69 million or $4.78 per barrel, and operating costs associated with sales were $5.66 million, or $2.79 per barrel. Comparatively, transportation costs for the nine months ended September 30, 2003 were $7.92 million or $4.13 per barrel, and operating costs associated with sales were $4.2 million, or $2.19 per barrel. The increase in transportation cost per barrel during 2004 is the result of higher tariffs imposed on the Company, greater volumes sold to the export market during 2004, and a 160,000 barrel sale to the local market in 2003 that carried no transportation cost. The increase in operating cost per barrel is mainly due to higher work-over maintenance costs during the nine months ended September 30, 2004.

The Company is presently engaged in the development of the Karakuduk field, which requires substantial cash expenditures. For the nine months ended September 30, 2004, Chaparral invested approximately $22.08 million in field development, compared with $15.36 million for the nine months ended September 30, 2003. The increase of $7.72 million is due to additional capital activities during 2004 including the ongoing drilling program, a pressure maintenance program and construction of water injection facilities. The Company anticipates full year 2004 capital expenditures of approximately $31 million, and expects to finance this expenditure through cash flows from the sale of crude oil and external financing, as necessary.

Production during the third quarter totaled approximately 762,000 barrels, which is equivalent to 8,290 barrels of oil per day (bopd). This represents an increase in production performance during 2004, from an average of 7,760 bopd for the first quarter and 7,956 bopd for the second quarter.

Drilling activity at Karakuduk continued throughout the third quarter with KKM drilling 13,362m (4.5 wells) compared with 14,747m (4.9 wells) in the second quarter. Field infrastructure development continued on gathering lines, access roads, facilities upgrades and improvements to the field camp.

During October, production at Karakuduk increased slightly to 8,630 bopd. The Company optimized the performance of the sucker rod pumps at the field and increased the producing well stock to 57. Of this total, 47 were online as of November 1st and production had reached 9,000 bopd. There are now two workover rigs at the field, KKM having mobilized a 100 ton workover rig. This rig will be used to complete at least four capital recompletions at the field to further boost production. It will also prepare the wells for the upcoming hydraulic fracturing program that a world class contractor is due to perform starting mid November.

Under the current development plan, drilling and infrastructure development will continue throughout the remainder of the year. It is now expected that 18 wells in total will be drilled at the field in 2004, two more than originally planned. Construction of a gas pipeline from the field to the heating station, located at the midway point kilometer 15 of the field export pipeline, has commenced. When completed in December, this line will significantly reduce KKM`s operating costs as the current diesel-fired oil heaters will be converted to run on produced gas.

Management expects that KKM`s production will reach a level of 9,500 bopd by the end of 2004.

Simon K. Gill, Chief Executive Officer of Chaparral, commented, "Chaparral`s cash flow position has improved over the quarter due to higher production and higher prices. This has improved the Company`s working capital situation and puts it in a stronger financial position which will help it to meet its ambitious 2005 expansion plans."

Chaparral Resources, Inc. is an international oil and gas exploration and production company. The Company`s only operating asset is its participation in the development of the Karakuduk field through KKM, of which Chaparral is the operator. The Company has a 60% ownership interest in KKM with the other 40% ownership interest being held by Joint Stock Company KazMunayGaz, the national petroleum company of Kazakhstan. Nelson Resources Limited, an independent oil company listed on the Toronto Stock Exchange and the Alternative Investment Market of the London Stock Exchange, holds a majority interest in Chaparral and operates several other producing oil fields in Kazakhstan. More information is available on the Company`s web site, www.chaparralresources.com.

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company`s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of oil prices, product demand, market competition, risks inherent in the Company`s international operations, imprecision of reserve estimates and Chaparral`s ability to replace and expand oil and gas reserves. These and other risks are described in the Company`s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.


FINANCIAL HIGHLIGHTS
(in thousands, except per share data)

Quarter Ended Nine Months Ended
September 30, September 30,
-----------------------------------------------
2004 2003 2004 2003
-----------------------------------------------

Revenue $22,078 $23,308 $55,158 $39,594
Cost and expenses (11,104) (15,487) (33,801) (30,420)
Other income/(expense) (4,293) (3,271) (9,717) (6,020)
Income tax expense (3,122) (2,479) (6,147) (3,160)
Cumulative effect of
change in
accounting principle - - - 1,018
-----------------------------------------------
Net income available to
common stockholders $3,559 $2,071 $5,493 $1,012
===============================================

Basic earnings per share:
Net income per share $0.09 $0.05 $0.14 $0.03
Weighted average
number of shares
outstanding (basic) 38,209,502 38,209,502 38,209,502 38,209,502
===============================================

Diluted earnings per share:
Net income per share $0.09 $0.05 $0.14 $0.03
Weighted average
number of shares
outstanding
(diluted) 38,209,502 38,408,726 38,209,502 38,408,726

[Upturner]

Nelson Resources, Chaparral sign pre-emption agreement

2004-11-29 12:22 ET - News Release


Mr. Fred Hodder reports

NELSON RESOURCES LIMITED ANNOUNCES AGREEMENT WITH CHAPARRAL RESOURCES INC. FOR EXERCISE OF KARAKUDUK PRE-EMPTION RIGHT

Nelson Resources Ltd. has signed an agreement with Chaparral Resources Inc., holders of a 60-per-cent stake in the Karakuduk field, which provides that Chaparral will exercise or cause to be exercised its pre-emption right with respect to purchasing the remaining 40-per-cent stake in the field, if requested to do so by Nelson. The company is the majority shareholder of Chaparral, holding 60 per cent of outstanding shares.

The Karakuduk field is operated by joint stock company Karakudukmunai (KKM), which is currently owned 60 per cent by Chaparral through two wholly owned subsidiaries and 40 per cent by the Kazakhstani state oil company, Kazmunaigas. In the event that Kazmunaigas gives notice to Chaparral or its subsidiaries of its intent to sell its 40-per-cent interest in KKM, then, under the KKM shareholders` agreement dated April 14, 1999, the other stakeholders have the right of first refusal to purchase this interest at the price and on the terms specified in such notice.

At this time, no notification has yet been received by Chaparral or its subsidiaries of Kazmunaigas`s intent to sell. However, on Nov. 24, 2004, Kazmunaigas announced the results of an auction of certain of its assets, which included its 40-per-cent stake in KKM. The winning bid for this interest was approximately $34.6-million.

Nick Zana, Nelson`s chief executive officer, commented: "The opportunity to secure a further interest in the Karakuduk field, which affords significant potential for growth in production, is in line with Nelson`s strategy to increase reserves and production through both acquisition and rapid field development. It would also allow the company to consolidate its control of the field."

The Karakuduk field is located onshore in western Kazakhstan 340 kilometres northeast of the Caspian port of Aktau. It has total estimated proved and probable reserves of 63 million barrels of oil (independent reserve report, Dec. 31, 2003), and produced 8,290 barrels of oil per day on average for the third quarter of 2004.

[Albatossa]

Hallo Leute,

einwenig sehr ruhig geworden hier! Eigentlich müßten doch alle jubel bei diesen excellenten Zahlen!

KGV von 10
Gewinn pro Aktien 0,22 US$
Cash Flow von über 6 Millionen Dollar
Bargeld und liquide Mittel 9.611 Mio $
Bilanzsumme von über 123 Millionen Euro

Und haben Erdölreserven die noch sehr lange reichen werden!

Übernahmefantasie besteht weiterhin, falls ein Großer hunger nach eine sehr gesunden Firma mit viel Cash Flow und Barmittel hat.

Form 10-K for CHAPARRAL RESOURCES INC


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

31-Mar-2005

Annual Report



ITEM 7. MANAGEMENT`S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS
1. Liquidity and Capital Resources


General Liquidity Considerations



Going Concern



Our financial statements have been presented on the basis that the Company is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. Chaparral has a working capital deficiency as of December 31, 2004. In addition, we have experienced limitations in obtaining 100% export quota for the sale of our hydrocarbons. Previously these conditions raised substantial doubt about our ability to continue as a going concern. However, due to recently completed refinancing of the Company`s debt (see below) we now expect to be able to meet all expenditure and cash flow requirements through the next twelve months.

Chaparral has been successful in 2004 in stabilizing the export sales/local market deliveries ratio which had significantly improved from 2002 to 2003. For the year ended December 31, 2004, Chaparral sold approximately 2,758,000 barrels of its current year production, of which approximately 2,544,000 barrels, or 92% (2003: 2,591,000 barrels, 96%), have been sold at world market prices and 214,000 barrels, or 8% (2003: 103,000 barrels, 4%), have been sold at domestic market prices.

On March 24, 2005, KKM signed a $40 million Structured Crude Oil Pre-export Credit Facility Agreement with BNP Paribas (Suisse) SA and others (the "BNP Credit Facility"). Subject to meeting conditions precedent within 30 days of signing, funds from this facility will be available for use to cover any short-term working capital deficiencies and to pay down the existing loan with Kazkommertsbank. Amounts borrowed under the BNP Credit Facility are repayable in 36 equal monthly installments commencing between six and seven months after the signing date. The interest rate is LIBOR plus 3.25% for the first 12 months and LIBOR plus 4.00% thereafter. The lenders also require that KKM implement a crude oil price hedging program, in a form satisfactory to the lenders. In addition, on March 22, 2005, Chaparral and CAP-G signed a Promissory Note Amendment Agreement with Nelson (the "Amended Note"). This provides for a prepayment of $1 million of the $4 million due to be repaid to Nelson on May 10, 2005 under the existing $4 million loan note and the replacement of the existing loan note with a new loan note for $3 million on substantially similar terms, but with an increase in the interest rate from 12% to 14% from May 10, 2005 and an extension of the maturity date of one year to May 10, 2006. The debt refinancing, coupled with current production and price levels, will enable the Company to meet all current financial obligations and continue with field development.

Liquidity and Capital Resources



We are presently engaged in the development of the Karakuduk Field, which requires substantial cash expenditures for drilling, well completions, workovers, oil storage and processing facilities, pipelines, gathering systems, water injection facilities, plant and equipment (pumps, transformer sub-stations etc.) and gas utilization. We have invested approximately $150 million in the development of the Karakuduk Field and have drilled or re-completed 60 productive wells by the end of 2004, including 15 wells in the year 2004. Total capital expenditures for 2004 were approximately $30 million compared to $28 million incurred in 2003. Capital expenditures are estimated to be at least $100 million from 2005 through 2009, including the drilling of approximately 70 more wells over this period. We anticipate 2005 capital expenditures of approximately $46 million.

We expect to finance the continued development of the Karakuduk Field primarily through cash flows from the sale of crude oil. During 2004, KKM sold approximately 2.8 million barrels of crude oil for $78 million. As mentioned above, KKM has recently secured $40 million of new funding with which it intends to re-finance the loans provided by Kazkommertsbank. As of January 5, 2005, daily oil production was approximately 9,000 barrels per day from 45 of the 57 productive wells in the field.

In 2005, KKM expects to increase production by drilling new wells, converting at least 15 more wells to artificial lift, converting three more wells to water injection wells, adding four new water injection wells to the injection fund and by continuing with hydraulic fracturing work in selected wells. A sedimentological study was undertaken in 2004 which will also help in identifying reservoir fairways that should result in more productive wells. Management expects production from the Karakuduk Field to increase to nearly 13,000 barrels of oil per day by year-end 2005.

In addition, our short and long-term liquidity is impacted by local oil sales obligations imposed on oil and gas producers within Kazakhstan to supply local energy needs, and our ability to obtain export quota necessary to sell our




crude oil production on the international market. Under the terms of the
Agreement, we have a right to export, and receive export quota for, 100% of the
production from the Karakuduk Field. The domestic market does not permit world
market prices to be obtained, resulting in, on average, approximately $15 to $16
lower cash flow per barrel in 2004. Furthermore, the Government has not
allocated sufficient export quota to allow us to sell all of our available crude
oil production on the world market. We are taking steps to reduce our local
market obligations and to obtain an export quota that will enable us to sell all
of our crude oil production on the export market. The Company has determined
that it is no longer in the best interests of the Company to pursue arbitration
proceedings in Switzerland for the breach of the Agreement by the Government of
Kazakhstan, instead we intend to seek an amicable resolution of this matter. If
the matter cannot be resolved in a satisfactory manner, we have, however,
reserved our right to commence formal arbitration proceedings pursuant to our
contractual arrangements with the Government.

No assurances can be provided, however, that an amicable resolution will be
reached, or that if arbitration is instituted, it will be successful or that if
successful, Chaparral will be able to enforce the award in Kazakhstan, or that
we will be able to export 100% or a significant portion of production or that we
will be able to obtain additional cash flow from operations to meet working
capital requirements in the future.

Obligations and Commitments
---------------------------

The following table is a summary of Chaparral`s future payments on
obligations as of December 31, 2004:

Obligations by Period
$000
-----------------------------------------------------------------------------
1 Year 2-3 Years 4-5 Years Later Years Total
Debt 20,000 12,000 - - 32,000
Interest on debt 3,060 1,489 - - 4,549
Drilling contract 4,500 - - - 4,500


In May 2002, Chaparral received a total equity and debt capital infusion of
$45 million. Chaparral received a total investment of $12 million from Central
Asian Industrial Holdings, N.V. ("CAIH"), including $8 million in exchange for
22,925,701 shares, or 60%, of Chaparral`s outstanding common stock, and $4
million in exchange for a three year note (the "Note") bearing interest at 12%
per annum (of which $2 million was repaid during 2002 but re-borrowed in 2004).
These shares and the Note were sold to Nelson in May 2004. Additionally,
Kazkommertsbank provided KKM with a credit facility totaling $33 million bearing
interest at 14% per annum. As of December 31, 2004 the outstanding principal
balance on the KKM Credit Facility was $28 million. The terms and conditions of
the Note and the KKM Credit Facility are more fully described in Note 12 of our
consolidated financial statements for the year ended December 31, 2004.

The financing costs of the KKM Credit Facility and the Note represent
significant future cash flow requirements. A substantial portion of our future
cash flow from operations will be required for debt service and may not be
available for other purposes. We expect up to $36.5 million of our future
available net cash flows from the Karakuduk Field will be utilized to service
these loans, depending upon excess cash flows available from operations, if any,
to repay the loan prior to its stated maturity date. The availability of future
cash flows is contingent upon many factors beyond our control, including
successful development of the underlying oil reserves from the Karakuduk Field,
production rates, production and development costs, oil prices, access to oil
transportation routes, and political stability in the region. In addition under
the KKM Credit Facility, our ability to obtain additional debt or equity
financing in the future for working capital, capital expenditures, or
acquisitions is also restricted, as well as our ability to acquire or dispose of
significant assets or investments. These restrictions may make us more
vulnerable and less able to react to adverse economic conditions.

As mentioned above, the recently signed BNP Credit Facility will enable
refinancing of the KKM Credit Facility.

The failure of Chaparral to meet the terms of the KKM Credit Facility could
result in an event of default and the loss of our shares in KKM, currently
pledged as collateral under the KKM Credit Facility. We are currently in
compliance with all the terms of the KKM Credit Facility, as renegotiated. We
had made all principal and interest payments due under the KKM Credit Facility
and the Note as of December 31, 2004. Payments of principal of $3 million and $2
million, together with interest of $836,000 and $51,000, on the KKM Credit
Facility were due and paid on January 31, 2005 and February 6, 2005
respectively.

12




On December 31, 2004, KKM`s drilling contract with Kazmunaigasburunie (KMGD), an affiliate of KMG, expired. In January 2005, KKM signed a new contract with Oil and Gas Drilling and Exploration of Kracow (OGEC). Drilling operations continue uninterrupted at Karakuduk since the rig that was contracted via KMGD is owned by OGEC. KKM will continue to use this rig, but at a substantially reduced day rate. KKM also has a call-out contract for a 100 ton mobile workover rig. This rig commenced operations at Karakuduk in late October 2004 and will continue to work at the field for the first quarter of 2005. Mud engineering and mud chemical services, oil well cement and cementing services, well logging, perforating and tool and equipment supply are supplied on a short term basis or under contracts which may be cancelled within 30 days of KKM giving notice.

Related Party Transactions



KKM has a contract to transport 100% of its oil sales through the pipeline owned and operated by KTO, a wholly owned subsidiary of KMG, which was, until December 2004, the 40% minority shareholder in KKM. The rates for transportation are in accordance with those approved by the Government of the Republic of Kazakhstan. Currently, the use of the KTO pipeline system is the only viable method of exporting KKM`s production. As KTO notifies KKM of the export sales allocated to KKM on a monthly basis, KTO controls both the volume and transportation cost of export sales.

KKM makes a prepayment for crude transportation based upon the allocation of export sales received from KTO. This prepayment includes pipeline costs charged by the operators of the Russian and Ukrainian pipeline systems which are dependent upon the point of sale of KKM`s exports. The following table summarizes KKM`s payments to, and balances with, KTO:


$000
2004 2003

KKM`s payments to KTO during the year 13,348 12,003
of which transportation costs for the year 13,144 11,292

Prepayment balance with KTO at December 31 1,162 1,296

Charges for pipeline oil storage, sales commission,
export sales customs fees and Volga pipeline water 204 267
of which outstanding at December 31 8 97




As mentioned above, KKM had a drilling contract with KMGD, an affiliate of KMG, for one development drilling rig operating in the Karakuduk Field. The contract expired on December 31, 2004.

As previously mentioned, on March 24, 2005, Chaparral and CAP-G signed a Promissory Note Amendment Agreement with Nelson (the "Amended Note"). This provides for a prepayment of $1 million of the $4 million due to be repaid to Nelson on May 10, 2005 under the existing $4 million loan note and the replacement of the existing loan note with a new loan note for $3 million on substantially similar terms, but with an increase in the interest rate from 12% to 14% from May 10, 2005 and an extension of the maturity date of one year to May 10, 2006.

All other related party transactions are disclosed in the notes to our consolidated financial statements for December 31, 2004. The loans with Kazkommertsbank and Nelson are disclosed in Note 12 and the drilling contract with KMGD is described in Notes 18 and 19, prepaid transportation to KTO in Note 3 and an insurance policy with Kazkommerts Policy in Note 19.

Legal Proceedings



In December 2002, KKM received a claim from the Ministry of State Revenues of the Republic of Kazakhstan for $9.1 million (the "Tax Claim") relating to taxes and penalties covering the three years from 1999 to 2001. KKM appealed the claim through the courts in Kazakhstan, which eventually ruled in favor of KKM with the exception of $255,000 which was upheld. As a result, during 2003 KKM reversed $899,000 for income taxes accrued during 2002 for the Tax Claim net of the $255,000 which was settled January 2004.

The Ministry of State Revenues of the Republic of Kazakhstan had been considering penalties with respect to the Tax Claim in the amount of $970,000. In March 2004 a court hearing was conducted which resulted in a reduction of these penalties to $53,000. This amount was paid in full during 2004.

Capital Commitments and Other Contingencies



Our operations may be subject to other regulations by the Government of the Republic of Kazakhstan or other regulatory bodies responsible for the area in which the Karakuduk Field is located. In addition to taxation, customs declarations and environmental controls, regulations may govern such things as drilling permits and production rates. Drilling permits could become difficult to obtain or prohibitively expensive. Production rates could be set so low that they would make production unprofitable. These regulations may substantially increase the costs of doing business and may prevent or delay the starting or continuation of any given development project.

All regulations are subject to future changes by legislative and administrative action and by judicial decisions. Such changes could adversely affect the petroleum industry in general, and us in particular. It is impossible to predict the effect that any current or future proposals or changes in existing laws or regulations may have on our operations.

Commodity Prices for Oil



Our revenues, profitability, growth and value are highly dependent upon the price of oil. Market conditions make it difficult to estimate prices of oil or the impact of inflation on such prices. Oil prices have been volatile, and it is likely they will continue to fluctuate in the future. Various factors beyond our control affect prices for oil, including supplies of oil available worldwide and in Kazakhstan, the ability of OPEC to agree to maintain oil prices and production controls, political instability or armed conflict in Kazakhstan or other oil producing regions, the price of foreign imports, the level of consumer demand, the price and availability of alternative fuels, the availability of transportation routes and pipeline capacity, and changes in applicable laws and regulations.

Exchange Rates and Inflation



We cannot control prices received from our oil sales and to the extent we are unable to pass on increases in operating costs, we may be affected by inflation. A devaluation of the Tenge, the currency of the Republic of Kazakhstan, can significantly decrease the value of the monetary assets that we hold in Kazakhstan as well as our assets in that country that are based on the Tenge. KKM retains the majority of cash and cash equivalents in U.S. Dollars, but KKM`s statutory tax basis for its assets, tax loss carryforwards, and VAT receivables are all denominated in Tenge and subject to the effects of devaluation. Local tax laws allow basis adjustments to offset the impact of inflation on statutory tax basis assets, but there is no assurance that any adjustments will be sufficient to offset the effects of inflation in whole or in part. If not, KKM may be subject to much higher income tax liabilities within Kazakhstan due to inflation and or devaluation of the local currency. Additionally, devaluation may create uncertainty with respect to the future business climate in Kazakhstan and to our investment in that country. During 2004, however, the Tenge has appreciated against the U.S. Dollar by approximately 10%. There remains no guarantee that this appreciation is either sustainable or permanent in the foreseeable future. As of December 31, 2004, the exchange rate was 130.00 Tenge per U.S. Dollar compared to 144.22 as of December 31, 2003. It should be noted that 92% of our crude oil sales in 2004 were denominated in U.S. Dollars, while the majority of our capital expenditures, operating costs and general and administrative expenses are denominated in Tenge.

Critical Accounting Policies



Application of generally accepted accounting principles requires the use of estimates, judgments and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and revenues and expenses during the reporting period. In addition, alternative methods can exist to meet various accounting principles. In such cases, the choice of accounting method can also have a significant impact on reported amounts.

Our determination of proved oil and gas reserve quantities, the application of the full cost method of accounting for KKM`s development and production activities, and the application of standards of accounting for derivative instruments and hedging activities require management to make numerous estimates and judgments.

Oil and Gas Properties (Full Cost Method). Chaparral follows the full cost method of accounting for oil and gas properties. Accordingly, all costs associated with the acquisition, exploration, and development of oil and gas reserves, including directly related overhead costs, are capitalized. Effective with the adoption of Statement of Financial Accounting Standards ("SFAS") No. 143 in 2003, the carrying amount of oil and gas properties also includes

estimated asset retirement costs recorded based on the fair value of the asset retirement obligation when incurred. The application of the full cost method of accounting for oil and gas properties generally results in higher capitalized costs and higher DD&A rates compared to the successful efforts method of accounting for oil and gas properties.

All capitalized costs of proved oil and gas properties, including the estimated future costs to develop proved reserves, are amortized using the unit-of-production method based on estimated proved reserves. Investments in unproved properties and major development projects are not amortized until proved reserves associated with the projects can be determined or until impairment occurs. If the results of an assessment indicate that the properties are impaired, the amount of the impairment is added to the capitalized cost to be amortized.

Sales of proved and unproved properties are accounted for as adjustments of capitalized costs with no gain or loss recognized, unless such adjustments would significantly alter the relationship between capitalized costs and proved reserves of oil and gas, in which case the gain or loss is recognized in income. Abandonment of properties is accounted for as adjustments of capitalized costs with no loss recognized.

Cost Excluded. Oil and gas properties include costs that are excluded from capitalized costs being amortized. These amounts represent costs of investments in unproved properties and major development projects. Chaparral excludes these costs on a country-by-country basis until proved reserves are found or until it is determined that the costs are impaired. All costs excluded are reviewed quarterly to determine if impairment has occurred. Any impairment is transferred to the costs to be amortized or a charge is made against earnings for those international operations where a reserve base has not yet been established. For operations where a reserve base has not yet been established, an impairment requiring a charge to earnings may be indicated through evaluation of drilling results or relinquishment of drilling rights.

Capitalized Interest. SFAS 34, Capitalization of Interest Costs, provides standards for the capitalization of interest costs as part of the historical cost of acquiring assets. Financial Accounting Standards Board ("FASB") Interpretation No. 33 ("FIN 33") provides guidance for the application of SFAS 34 to the full cost method of accounting for oil and gas properties. Under FIN 33, costs of investments in unproved properties and major development projects, on which depreciation, depletion and amortization ("DD&A") expense is not currently taken and on which exploration or development activities are in progress, qualify for capitalization of interest. Capitalized interest is calculated by multiplying the weighted-average interest rate on debt by the amount of costs excluded. Capitalized interest cannot exceed gross interest expense.

Ceiling Test. Companies that use the full cost method of accounting for oil and gas exploration and development activities are required to perform a ceiling test each quarter. The full cost ceiling test is an impairment test prescribed by SEC Regulation S-X Rule 4-10. The ceiling test is performed on a country-by-country basis. The test determines a limit, or ceiling, on the book value of oil and gas properties. That limit is basically the after tax present value of the future net cash flows from proved crude oil and natural gas reserves. This ceiling is compared to the net book value of the oil and gas properties reduced by any related deferred income tax liability. If the net book value reduced by the related deferred income taxes exceeds the ceiling, an impairment or non-cash write down is required. A ceiling test impairment can give Chaparral a significant loss for a particular period; however, future DD&A expense would be reduced.

Reserves. Estimates of our proved oil and gas reserves are prepared by McDaniel in accordance with guidelines established by the SEC. Those guidelines require that reserve estimates be prepared under existing economic and operating conditions with no provisions for increases in commodity prices, except by contractual arrangement. Estimation of oil and gas reserve quantities is inherently difficult and is subject to numerous uncertainties. Such uncertainties include the projection of future rates of production, export allocation, and the timing of development expenditures. The accuracy of the estimates depends on the quality of available geological and geophysical data and requires interpretation and judgment. Estimates may be revised either upward or downward by results of future drilling, testing or production. In addition, estimates of volumes considered to be commercially recoverable fluctuate with changes in commodity prices and operating costs. Our estimates of reserves are expected to change as additional information becomes available. A material change in the estimated volumes of reserves could have an impact on the DD&A rate calculation and the financial statements.

Derivative Financial Instruments and Hedging Activities. We account for our investment in derivative financial instruments in accordance with SFAS 133, Accounting for Derivative Financial Instruments and Hedging Activities, as amended. As a result, we recognize all derivative financial instruments in our financial statements at fair value, regardless of the purpose or intent for holding the instrument. Changes in the fair value of derivative financial instruments are recognized periodically in income or in shareholders` equity as a component of comprehensive income depending on whether the derivative financial instrument qualifies for hedge accounting, and if so, whether it qualifies as a fair value hedge or cash flow hedge. Generally, changes in fair values of derivatives accounted for as fair value hedges are recorded in income along with the portions of the changes in the fair values of the related hedged items. Changes in fair values of derivatives accounted for as cash flow hedges, to the extent they are effective as hedges, are recorded in other comprehensive income net of deferred taxes. Changes in fair values of derivatives not qualifying as hedges are reported in income.

Accounting for Asset Retirement Obligations. SFAS 143, Accounting for Asset Retirement Obligations, requires entities to record the fair value of a liability for an asset retirement obligation in the period in which it is incurred and a corresponding increase in the carrying amount of the related long-lived asset. Subsequently, the asset retirement cost should be allocated to expense using a systematic and rational method. SFAS 143 is effective for fiscal years beginning after June 15, 2002. As a result of the adoption of SFAS 143, Chaparral has increased its assets and liabilities by $516,000 as of January 1, 2003 to reflect the net present value of its retirement obligations. See Note 11 to our consolidated financial statements for the year ended December 31, 2004 for results of the adoption of SFAS 143.

Legal, Environmental and Other Contingencies. A provision for legal, environmental and other contingencies is charged to expense when the loss is probable and the cost can be reasonably estimated. Determining when expenses should be recorded for these contingencies and the appropriate amounts for accrual is a complex estimation process that includes the subjective judgment of management. In many cases, management`s judgment is based on interpretation of laws and regulations, which can be interpreted differently by regulators and/or courts of law. Chaparral`s management closely monitors known and potential legal, environmental and other contingencies and periodically determines when Chaparral should record losses for these items based on information available to us.

Income Taxes. As part of the process of preparing our consolidated financial statements, we are required to estimate our taxes in each of the jurisdictions of operation. This process involves management estimating the actual current tax expense together with assessing temporary differences resulting from differing treatment of items for tax and accounting purposes in accordance with the provisions of SFAS No. 109, Accounting for Income Taxes. These differences result in deferred tax assets and liabilities, which are included within the consolidated balance sheets. We then must assess the likelihood that the deferred tax assets will be recovered from future taxable income and, to the extent recovery is not likely, we must establish a valuation allowance. Future taxable income depends on the ability to generate income in excess of allowable deductions. To the extent we establish a valuation allowance or increase this allowance in a period, an expense is recorded within the tax . . .

[Albatossa]

Einer kleiner Chart fehlt mir hier einwenig!

[Upturner]

q105 zahlen um den 14. mai herum
die dürften super ausfallen bei dem ölpreis

[Albatossa]

Hallo Upturner,

das denke ich auch, zumal bei dieser Aktie hochprofitabel gearbeitet wird!

[Upturner]

Chaparral Resources, Inc. Announces First Quarter Results and Operational Update



WHITE PLAINS, N.Y.--(BUSINESS WIRE)--May 16, 2005--Chaparral Resources, Inc. (OTCBB:CHAR) (the "Company") today announced its financial results for the first quarter 2005. The Company reported net income of $3.83 million, or 10 cents per share, for the quarter ended March 31, 2005, compared to $0.63 million, or 2 cents per share, for the quarter ended March 31, 2004. The $3.20 million increase in Chaparral`s net income primarily relates to higher revenues as a result of higher prices achieved during the first quarter of 2005.

Revenues were $24.33 million for the first quarter of 2005 compared with $15.61 million for the first quarter of 2004. The $8.72 million increase is the result of higher crude prices achieved during the first quarter of 2005 as compared to the same period of 2004, partially offset by lower sales volumes. During the first quarter of 2005, we sold approximately 679,000 barrels of crude oil, recognizing $24.33 million in revenue, or $35.82 per barrel after quality differential losses. Comparably, we sold approximately 721,000 barrels of crude oil, recognizing $15.61 million in revenue, or $21.65 per barrel, for the first quarter of 2004. The result is a positive price variance of $10.22 million offset by an unfavorable volume variance of $1.50 million.

The Company`s development of the Karakuduk Field requires substantial cash expenditures for drilling, well completions, workovers, oil storage and processing facilities, pipelines, gathering systems, water injection facilities, plant and equipment (pumps, transformer sub-stations etc.) and gas utilization. We have invested approximately $160 million in the development of the Karakuduk Field as at March 31, 2005. Total capital expenditures for the first quarter of 2005 were approximately $6 million. Capital expenditures are estimated to be at least $100 million from 2005 through 2009, including the drilling of approximately 70 more wells over this period. We anticipate 2005 capital expenditures of approximately $46 million.

During 2005, the Company expects to increase production by drilling new wells, converting at least 15 more wells to artificial lift, converting three more wells to water injection wells, adding four new water injection wells to the injection fund and by continuing with hydraulic fracturing work in selected wells. A sedimentological study undertaken in 2004 will also help in identifying reservoir fairways that should result in more productive wells.

During the first quarter of 2005 the Company continued with the development of the Karakuduk Field. As of March 31, 2005 the total field well count had risen to 69 compared to 66 on December 31, 2004. The producing well count at the field as of March 31, 2005 was 50 wells compared to 45 at the end of 2004.

Production for the first quarter of 2005 was 779,500 barrels, equivalent to 8,661 barrels of oil per day (`bopd"), compared to 762,100 barrels, or 8,284 bopd, in the final quarter of 2004 and 7,760 bopd for the first quarter of 2004. Competition for pipeline export quota meant that the Company received lower than anticipated quota. The Company sold 84,000 tonnes to export markets (94% of total sales) and 5,000 tonnes locally during the quarter, compared with 92,600 tonnes exported (97% of total sales) and 3,000 tonnes to the local market in the fourth quarter of 2004. Current daily oil production is in excess of 10,000 barrels per day.

Drilling activity continued in the first quarter. During winter the weather at the field was far warmer and much wetter than is usual and this adversely impacted all operations and field production. Drilling was also affected with rig move times taking longer than normal. The Company also implemented a `closed circulation system` as required by the Kazakh environmental authorities. This means that waste drill cuttings and waste drilling fluids are no longer discharged into lined pits at the drilling locations that are buried following completion of the well. The waste material is now collected and taken to a specially prepared pit near the field camp. Essential maintenance and a failure of the drawworks bearings of the rig also impacted on drilling. The result was that for the first quarter of 2005, the Company drilled only 8,624m for 2.8 wells. This compares to 12,701m for 4.1 wells in the last quarter of 2004 and 11,618m for 3.5 wells in the first quarter of 2004.

During April, production from the field rose to an average of 9,718 bopd as a result of the successful completion of well 149 and the effects of the programme to convert more wells to artificial lift. The Company also commissioned the first phase of its gas utilization programme for the Karakuduk Field. The pipeline linking the central processing facility to the pipeline booster pump station at km 15 was commissioned on April 7, 2005. Oil heaters at this station are now gas-fired, and this will result in significant cost savings for the Company.

The Company will continue with the development of the Karakuduk Field throughout the remainder of 2005. One drilling rig and two workover rigs will operate at the field. The Company forecasts that up to 16 wells will be drilled, including two horizontal wells, the first such wells to be drilled at Karakuduk. Phase 2 of the gas utilization project will commence which includes the extension of the gas pipeline from km 15 to the Transfer Pumping Station where the gas can be sold into the Central Asian Transit System gas pipeline. The company will continue to investigate the use of field gas to generate electricity. The Company will also continue with its water injection programme, and further hydraulic fracturing of wells is also planned.

Simon Gill, Chief Executive Officer of Chaparral, commented, "The steady increase in production through the first quarter is a result of fundamental improvements in the operation of the Karakuduk Field. We expect to continue to improve field operations through the remainder of the year."

Chaparral Resources, Inc. is an oil and gas development and production company. The Company`s only operating asset is its participation in the development of the Karakuduk Field, in the Republic of Kazakhstan, through KKM, which is the operating company. The Company has directly and indirectly a 60% ownership interest in KKM with the other 40% ownership interest being held by Nelson. Nelson, an independent oil company listed on the Toronto Stock Exchange and the Alternative Investment Market of the London Stock Exchange, holds a majority interest in Chaparral and operates several other producing oil fields in Kazakhstan. More information is available on the Company`s web site, www.chaparralresources.com.

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this News Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company`s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of oil prices, product demand, market competition, risks inherent in the Company`s international operations, imprecision of reserve estimates and Chaparral`s ability to replace and expand oil and gas reserves. These and other risks are described in the Company`s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

[Albatossa]

Ölpreis und Chapparal steigen weiter,
Auch wenn es aus der Firma keine Nachrichten gibt so kann sich jeder selber ausmalen wie hoch der Gewinn am Ende des Jahres wohl sein wird. Im letzten Quartal waren es 10 Cent pro Aktien und der Cashflow steigt weiterhin an. Die Firma steht voll im Saft und schwimmt im Geld. Und was am wichtigsten ist der Ölpreis hat ein neues hoch am letzten Freitag erreicht.

[Albatossa]

Die Aktie ist heute aber sauber über die 3 Dollar gesprungen!

[Upturner]

3,37 usd

ziel 10 usd

[Albatossa]

[posting]17.220.974 von Upturner am 13.07.05 00:45:30[/posting]Und weil so gut läuft auch noch ein paar andere Charts obendrauf!





Was so ein Hurrikane im Golf von Mexiko so bewirken kann wenn das Erdöl immer knapper wird!

[Albatossa]

[posting]17.230.651 von Albatossa am 13.07.05 22:34:35[/posting]Heut gab es doch tatsächlich eine Empfehlung von einem Börsenbrief aus London! Und der hat doch tatsächlich auch was von einer Übernahme gesprochen!

[Upturner]

3,75 usd

[Upturner]

4

[Albatossa]

3,98 US$ = 3,30 EURO

[Upturner]

über 4,3 usd

ich schätze 15-16 us-cent nettogewinn pro share in q2
kgv demnach unter 7

da geht noch was

[matthiasch]

Echt absoluter Wahnsinn
Habe im Mai zu knapp unter 2$ nachgekauft und nun schon mehr als verdoppelt

PS: EGY und FPPC anschauen


Gruß Matthias

[Albatossa]

Und es geht langsám aber sicher weiter bergauf!

[Upturner]

4,65 usd

[Albatossa]

[posting]17.496.000 von Upturner am 09.08.05 19:28:49[/posting]Und die 5 Dollar war auch schon gesehen!

[Upturner]

Results of Operations for the Three Months Ended June 30, 2005 Compared to the Three Months Ended June 30, 2004

Our operations for the three months ended June 30, 2005 resulted in a net income of $6.60 million compared to a net income of $1.30 million for the three months ended June 30, 2004. The $5.30 million increase in our net income is primarily a result of higher crude prices and higher sales volumes.

Revenues. Revenues were $33.16 million for the second quarter of 2005 compared with $17.47 million for the second quarter of 2004. The $15.69 million increase is the result of higher crude prices and sales volumes achieved during the second quarter of 2005 as compared to the same period of 2004. During the second quarter of 2005, we sold approximately 793,500 barrels of crude oil, recognizing $33.16 million in revenue, or $41.79 per barrel after quality differential losses. Comparably, we sold approximately 666,000 barrels of crude oil, recognizing $17.47 million in revenue, or $26.24 per barrel, during the second quarter of 2004. The result is a positive price variance of $12.34 million and a positive volume variance of $3.35 million.

Transportation and Operating Expenses. Transportation costs for the second quarter of 2005 were $4.06 million, or $5.11 per barrel, and operating costs associated with sales were $3.57 million, or $4.50 per barrel. Comparatively, transportation costs for the second quarter of 2004 were $3.07 million, or $4.61 per barrel, and operating costs associated with sales were $1.69 million, or $2.54 per barrel. The increase in transportation cost per barrel during the second quarter of 2005 is the result of higher tariffs imposed on the Company. The main reason for the increase in operating cost per barrel is changes in cost allocation procedures resulting in a lower percentage of field expenditures being capitalized.

Depreciation and Depletion. Depreciation and depletion expense was $5.83 million for the second quarter of 2005 compared with $4.15 million for the second quarter of 2004. The $1.68 million increase is the result of higher sales volumes and a higher effective depletion rate which is due to a proportionately higher increase in future capital costs associated with increased reserves. During the second quarter of 2005, the Company recognized a total depletion expense of $5.64 million or $5.93 per barrel produced, compared to $4.00 million or $5.50 per barrel produced for the second quarter of 2004.

Estimates of our proved oil and gas reserves are prepared by an independent engineering company in accordance with guidelines established by the Securities and Exchange Commission ("SEC"). Those guidelines require that reserve estimates be prepared under existing economic and operating conditions with no provisions for increases in commodity prices, except by contractual arrangement. Estimation of oil and gas reserve quantities is inherently difficult and is subject to numerous uncertainties. Such uncertainties include the projection of future rates of production, export allocation, and the timing of development expenditures. The accuracy of the estimates depends on the quality of available

16
geological and geophysical data and requires interpretation and judgment. Estimates may be revised either upward or downward by results of future drilling, testing or production. In addition, estimates of volumes considered to be commercially recoverable fluctuate with changes in commodity prices and operating costs. Our estimates of reserves are expected to change as additional information becomes available. A material change in the estimated volumes of reserves could have an impact on the depletion rate calculation and the financial statements.

Interest Expense. Interest expense was $1.06 million for the second quarter of 2005 compared to $1.27 million for the second quarter of 2004. The decrease is primarily a result of $0.28 million lower interest under the KKM Credit Facility due to reduction in principal outstanding.

General and Administrative Expense. General and administrative costs decreased from $2.11 million for the three months ended June 30, 2004 to $1.63 million for the three months ended June 30, 2005. The decrease of $0.48 million is primarily due to accrued severance costs for former executives in the second quarter of 2004, reductions in expatriate staff numbers and lower salaries and wages, partially offset by an accrual of $0.57 million for Kazakh withholding tax payable on management fees charged by CAP-G to KKM for the period January 2004 to June 2005. This withholding tax liability has only recently arisen due to changes in KKM`s income tax returns.

Income Tax Expense. Income tax expense increased from $1.88 million for the three months ended June 30, 2004 to $5.08 million for the three months ended June 30, 2005, representing 59% and 43% respectively of pre-tax income. The tax charge has increased as income has increased. The effective tax rate has decreased largely because Chaparral parent company administrative costs, which are not deductible against KKM`s Kazakh taxable income, are smaller relative to pre-tax income as KKM`s profits rise.

Results of Operations for the Six Months Ended June 30, 2005 Compared to the Six Months Ended June 30, 2004

Our operations for the six months ended June 30, 2005 resulted in a net income of $10.44 million compared to a net income of $1.93 million for the six months ended June 30, 2004. The $8.51 million increase in our net income is primarily a result of higher crude prices.

Revenues. Revenues were $57.49 million for the first half of 2005 compared with $33.08 million for the first half of 2004. The $24.41 million increase is the result of higher crude prices and sales volumes achieved during the first half of 2005 as compared to the same period of 2004. During the first half of 2005, we sold approximately 1,472,500 barrels of crude oil, recognizing $57.49 million in revenue, or $39.04 per barrel after quality differential losses. Comparably, we sold approximately 1,354,000 barrels of crude oil, recognizing $33.08 million in revenue, or $24.42 per barrel, for the first half of 2004. The result is a positive price variance of $21.52 million and a positive volume variance of $2.89 million.

Transportation and Operating Expenses. Transportation costs for the first half of 2005 were $7.54 million, or $5.12 per barrel, and operating costs associated with sales were $7.39 million, or $5.02 per barrel. Comparatively, transportation costs for the first half of 2004 were $6.22 million, or $4.59 per barrel, and operating costs associated with sales were $3.90 million, or $2.88 per barrel. The increase in transportation cost per barrel during the first half of 2005 is the result of higher tariffs imposed on the Company. The main reason for the increase in operating cost per barrel is changes in cost allocation procedures resulting in a lower percentage of field expenditures being capitalized.

Depreciation and Depletion. Depreciation and depletion expense was $10.85 million for the first half of 2005 compared with $8.54 million for the first half of 2004. The $2.31 million increase is the result of higher sales volumes and a higher effective depletion rate which is due to a proportionately higher increase in future capital costs associated with increased reserves. During the first half of 2005, the Company recognized a total depletion expense of $10.47 million or $6.05 per barrel produced, compared to $8.23 million or $5.74 per barrel produced for the first half of 2004.

Estimates of our proved oil and gas reserves are prepared by an independent engineering company in accordance with guidelines established by the Securities and Exchange Commission ("SEC"). Those guidelines require that reserve estimates be prepared under existing economic and operating conditions with no provisions for increases in commodity prices, except by contractual arrangement. Estimation of oil and gas reserve quantities is inherently difficult and is subject to

17
numerous uncertainties. Such uncertainties include the projection of future rates of production, export allocation, and the timing of development expenditures. The accuracy of the estimates depends on the quality of available geological and geophysical data and requires interpretation and judgment. Estimates may be revised either upward or downward by results of future drilling, testing or production. In addition, estimates of volumes considered to be commercially recoverable fluctuate with changes in commodity prices and operating costs. Our estimates of reserves are expected to change as additional information becomes available. A material change in the estimated volumes of reserves could have an impact on the depletion rate calculation and the financial statements.

Interest Expense. Interest expense was $2.28 million for the first half of 2005 compared to $2.50 million for the first half of 2004. Interest charges under the KKM Credit Facility were $0.62 million lower due to reduction in principal outstanding, but this was partially offset by no interest being capitalized in the first half of 2005 compared to $0.26 million in the first half of 2004.

General and Administrative Expense. General and administrative costs decreased from $3.76 million for the six months ended June 30, 2004 to $3.05 million for the six months ended June 30, 2005. The decrease of $0.71 million is primarily due to accrued severance costs for former executives in the first half of 2004, reductions in expatriate staff numbers and lower salaries and wages, partially offset by an accrual of $0.57 million for Kazakh withholding tax payable on management fees charged by CAP-G to KKM for the period January 2004 to June 2005. This withholding tax liability has only recently arisen due to changes in KKM`s income tax returns.

Income Tax Expense. Income tax expense increased from $3.02 million for the six months ended June 30, 2004 to $7.51 million for the six months ended June 30, 2005, representing 61% and 42% respectively of pre-tax income. The tax charge has increased as income has increased. The effective tax rate has decreased largely because Chaparral parent company administrative costs, which are not deductible against KKM`s Kazakh taxable income, are smaller relative to pre-tax income as KKM`s profits rise.

3. Commodity Prices for Oil and Gas

Our revenues, profitability, growth and value are highly dependent upon the price of oil. Market conditions make it difficult to estimate prices of oil or the impact of inflation on such prices. Oil prices have been volatile, and it is likely they will continue to fluctuate in the future. Various factors beyond our control affect prices for oil, including supplies of oil available worldwide and in Kazakhstan, the ability of OPEC to agree to maintain oil prices and production controls, political instability or armed conflict in Kazakhstan or other oil producing regions, the price of foreign imports, the level of consumer demand, the price and availability of alternative fuels, the availability of transportation routes and pipeline capacity, and changes in applicable laws and regulations.

4. Inflation and Exchange Rates

We cannot control prices received from our oil sales and to the extent we are unable to pass on increases in operating costs, we may be affected by inflation. The devaluation of the Tenge, the currency of the Republic of Kazakhstan, can significantly decrease the value of the monetary assets that we hold in Kazakhstan as well as our assets in that country that are based on the Tenge. KKM retains the majority of its cash and cash equivalents in U.S. dollars, but KKM`s statutory tax basis in its assets, tax loss carry-forwards, and VAT receivables are all denominated in Tenge and subject to the effects of devaluation. Local tax laws allow basis adjustments to offset the impact of inflation on statutory tax basis assets, but there is no assurance that any adjustments will be sufficient to offset the effects of inflation in whole or in part. If not, KKM may be subject to much higher income tax liabilities within Kazakhstan due to inflation or devaluation of the local currency. Additionally, devaluation may create uncertainty with respect to the future business climate in Kazakhstan and to our investment in that country. As of June 30, 2005, the exchange rate was 135.26 Tenge per U.S. dollar compared to 130.00 as of December 31, 2004.

5. Critical Accounting Policies

The preparation of the Company`s consolidated financial statements requires management to make estimates, assumptions and judgments that affect the Company`s assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities. Management bases these estimates and

18
assumptions on historical data and trends, current fact patterns, expectations and other sources of information it believes are reasonable. Actual results may differ from these estimates under different conditions. For a full description of the Company`s critical accounting policies, see Item 7, Management`s Discussion and Analysis of Financial Condition and Results of Operations in the Company`s 2004 Annual Report on Form 10-K.

6. Special Note Regarding Forward-Looking Statements

Some of the statements in this Quarterly Report on Form 10-Q constitute "forward-looking statements." Forward-looking statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "estimates," "believes," "predicts," "potential," "likely," or "continue," or by the negative of such terms or comparable terminology. Forward-looking statements are predictions based on current expectations that involve a number of risks and uncertainties. Actual events may differ materially. In evaluating forward-looking statements, you should consider various factors, including the risks discussed above. These factors may cause our actual results to differ materially from any forward-looking statement.

Although we believe that these statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements, and you are encouraged to exercise caution in considering such forward-looking statements. Unless otherwise required by law, we are not under any duty to update any of the forward-looking statements after the date of this Quarterly Report on Form 10-Q to conform these statements to actual results.

Item 3 - Quantitative and Qualitative Disclosures About Market Risk

Foreign Currency

The functional currency is the U.S. dollar. All transactions arising in currencies other than U.S. dollars, including assets, liabilities, revenue, expenses, gains, or losses are measured and recorded in U.S. dollars using the exchange rate in effect on the date of the transaction.

Cash and other monetary assets held and liabilities denominated in currencies other than U.S. dollars are translated at exchange rates prevailing as of the balance sheet date (135.26 and 130.00 Tenge per U.S. dollar as of June 30, 2005 and December 31, 2004, respectively). Non-monetary assets and liabilities denominated in currencies other than U.S. dollars have been translated at the estimated historical exchange rate prevailing on the date of the transaction. Exchange gains and losses arising from translation of non-U.S. dollar amounts at the balance sheet date are recognized as an increase or decrease in income for the period. See Item 2 section 4 for discussion on inflation and exchange rate risks.

The Tenge is not a convertible currency outside of the Republic of Kazakhstan. The translation of Tenge denominated assets and liabilities in these financial statements does not indicate Chaparral could realize or settle these assets and liabilities in U.S. dollars.

Commodity Prices for Oil

Our revenues, profitability, growth and value are highly dependent upon the price of oil. Market conditions make it difficult to estimate prices of oil or the impact of inflation on such prices. Oil prices have been volatile, and it is likely they will continue to fluctuate in the future. Various factors beyond our control affect prices for oil, including supplies of oil available worldwide and in Kazakhstan, the ability of OPEC to agree to maintain oil prices and production controls, political instability or armed conflict in Kazakhstan or other oil producing regions, the price of foreign imports, the level of consumer demand, the price and availability of alternative fuels, the availability of transportation routes and pipeline capacity, and changes in applicable laws and regulations.

In addition, under the terms of our Agreement with the government of the Republic of Kazakhstan, the Company has the right to export, and receive export quota for, 100% of the production from the Karakuduk Field. However, oil

19
producers within Kazakhstan are required to supply a portion of their crude oil production to the local market to meet domestic energy needs. Local market oil prices are significantly lower than prices obtainable on the export market. For the six months ended June 30, 2005, the Company sold 102,000 barrels of crude oil, or 7% of its total oil sales, to the local market, compared to 161,000 barrels, or 12%, during the six months ended June 30, 2004. During the first half of 2005, local market prices obtained by the Company were, on average, $19 per barrel below export market prices, net of transportation costs. We have attempted, in accordance with the Agreement, to effect the 100% export of all hydrocarbons produced from the Karakuduk Field, through discussions with the government of the Republic of Kazakhstan. We plan to continue to work with the government to increase our export quota and minimize or eliminate future local sales requirements. In addition, we entered into an agency agreement with Nelson to assist in reducing our local market obligation (see Note 9 to the interim financial statements presented in Item 1). However, no assurances can be provided that we will be able to export a higher portion of our production and that our cash flow from operations will be sufficient to meet working capital requirements in the future.

nettogewinn 17,2 us-cent in q2
kgv < 7

[Upturner]

2006-er kgv könnte mit dem erhöhten ölpreis und erhöher förderung durchaus auf 5 oder gar etwas weniger fallen.
die nächsten q werden es zeigen.

kursziel 10-15 usd sag ich jetzt mal einfach

[Albatossa]

[posting]17.560.665 von Upturner am 15.08.05 19:00:49[/posting]Hallo Upturner,

hatten wir beiden nicht mit 20 Cent im 2. Quartal gerechnet und jetzt dieser Hammer!

Ich mag zwar keine Kursziel vorhersagen, aber 7 US $ sind auch meiner Meinung nach sicher drin!

[Upturner]

Chaparral Resources, Inc. Announces Second Quarter Results and Operational Update

WHITE PLAINS, N.Y., Aug 15, 2005 (BUSINESS WIRE) -- Chaparral Resources, Inc. (OTCBB:CHAR) (the "Company") today announced its financial results for the second quarter 2005. The Company reported net income of $6.60 million, or 17 cents per share, for the quarter ended June 30, 2005, compared to $1.30 million, or 3 cents per share, for the quarter ended June 30, 2004. The $5.30 million increase in net income primarily relates to higher revenues as a result of higher prices and higher sales volumes achieved during the second quarter of 2005.

Revenues were $33.16 million for the second quarter of 2005 compared with $17.47 million for the second quarter of 2004. The $15.69 million increase is the result of higher crude prices and sales volumes. During the second quarter of 2005 we sold approximately 793,500 barrels of crude oil for an average $41.79 per barrel. Comparably, we sold approximately 666,000 barrels of crude oil for an average $26.24 per barrel during the second quarter of 2004. The result is a positive price variance of $12.34 million and a positive volume variance of $3.35 million.

For the six months ended June 30, 2005, the Company recorded net income of $10.44 million compared to net income of $1.93 million for the six months ended June 30, 2004. The $8.51 million increase in first half net income is primarily a result of higher crude prices and higher sales volumes.

Revenues for the first half of 2005 were $57.49 million compared with $33.08 million for the first half of 2004. The $24.41 million increase is the result of higher crude prices and sales volumes. During the first half of 2005, we sold approximately 1,472,500 barrels of crude oil for an average $39.04 per barrel. Comparably, we sold approximately 1,354,000 barrels of crude oil for an average $24.42 per barrel for the first half of 2004. The result is a positive price variance of $21.52 million and a positive volume variance of $2.89 million. The Company exported 93% of total sales with 7% sold to the domestic market during the first half of 2005, compared with 88% export sales and 12% domestic sales in the first half of 2004.

Transportation costs for the first half of 2005 were $7.54 million, or $5.12 per barrel, and operating costs associated with sales were $7.39 million, or $5.02 per barrel. Comparatively, transportation costs for the first half of 2004 were $6.22 million, or $4.59 per barrel, and operating costs associated with sales were $3.90 million, or $2.88 per barrel. The increase in transportation cost per barrel during the first half of 2005 is the result of higher tariffs imposed on the Company. The main reason for the increase in operating cost per barrel is changes in cost allocation procedures resulting in a lower percentage of field expenditures being capitalized.

Production for the first half of 2005 was 1.73 million barrels, equivalent to 9,555 barrels of oil per day ("bopd"), compared to 1.43 million barrels, or 7,867 bopd, in the first half of 2004, an increase of 21%. Current daily oil production is in excess of 11,500 barrels per day.

Drilling activity continued in the second quarter. The Company drilled 3.6 wells (11,409m) in the second quarter of 2005 compared to 2.8 wells (8,624m) in the first quarter of the year. As of June 30, 2005 the total field well count had risen to 72 compared to 66 on December 31, 2004. The producing well count at the field as of June 30, 2005 was 52 wells compared to 45 at the end of 2004. One producing well was converted to a water injection well.

During the second half of 2005, further increases in production are expected from new wells, converting more wells to artificial lift, converting existing producers and adding new wells to the injection fund and by continuing with hydraulic fracturing work in selected wells. Work on the utilization of associated gas produced from the field will continue throughout the year. Also, in the second half of 2005, construction of a rail loading facility is expected to commence near the field so that by the end of the second half of 2006, crude oil will be able to be transported by rail to Aktau. This is expected to result in significantly higher netbacks.

Simon Gill, Chief Executive Officer of Chaparral, commented, "The steady increase in production at a time of high oil prices is strengthening the company`s financial position. This increase in production is a direct result of focused management leadership in KKM which has resulted in improved geological understanding, resulting in better production from new wells and good production engineering, which is optimizing production by installing artificial lift and fast-tracking waterflood. With all these activities continuing and additional hydraulic fracs planned in the third quarter, I am optimistic that results will continue to improve."

[Upturner]

5,5 USD

[Albatossa]

[posting]17.572.511 von Upturner am 16.08.05 15:44:30[/posting]

[matthiasch]

[posting]17.576.602 von Albatossa am 16.08.05 19:30:49[/posting]Der freut sich halt

[bordighera]

Nach den vielen Smilies mal eine Frage an informierte Experten: Warum ist der Kurs binnen zwei Tagen um immerhin rund 25 % zurückgekommen (Höchst zu Tiefst: USD 5,50 zu USD 4,15)? Habe ich da irgendeine Meldung verpasst - kann ehrlich gesagt keine kursrelevanten Negativ-Nachrichten ausmachen??

Mit bestem Gruss
(bordighera)

[matthiasch]

@bordighera

Ich denke, dass nach den doch enormen Anstiegen aktuell einige Gewinnmitnahmen erfolgen. Man muss bedenken, dass wir nahe an den ATHs waren bzw. Werte wie CHAR neue Hochs erreicht haben. CHAR hat seit Mai über 150% hingelegt.
Schau dir die Charts von Transmeridian, Chaparral, Vaalco Energy, Burren Energy (hier newsbedingt)oder Caspian Energy an, verläuft hier wohl nach ähnlichem Muster.
Daher mache ich mir aktuell absolut keine Sorgen. Der Trend ist intakt, vor allem beim Öl selbst.

Gruß Matthias

[matthiasch]

Hier nochmal ein Nachtrag aus dem Investors Daily zum Öl, wobei ich anmerken muss, dass die eher negativ bezüglich Öl eingestellt sind:

Der Ölpreis ist gestern im weiteren US-Handel deutlich gefallen. Das hatte jedoch weniger mit den Öllager-Beständen zu tun, sondern vielmehr mit der Nachricht, dass der Benzinverbrauch in den USA rückläufig ist. Das wiederum hat zwei Gründe: Zum einen geht die Driving-Season zu Ende, aus diesem Grund sind die Benzinlagerbestände nicht mehr so wichtig. Zum anderen bewirken die hohen Benzinkosten in den USA, dass nun endlich auch die Amis ihren Verbrauch einschränken. Die Tendenz zu sparsamen Autos ist schon länger zu erkennen.

Der hohe Ölpreis verursacht weltweit Zurückhaltung und Sparsamkeit, die letzten Endes wieder dazu führen können, dass der Verbrauch sinkt. Wir sind nun im August, bis zur Wintersaison wird noch einige Zeit vergehen, so dass es sein kann, dass der Ölpreis sein vorläufiges Hoch erst einmal gesehen hat.


@bordighera
Finde ich interessant, dass ich bei der geringen Anzahl von Werten, die ich beobachte oder selbst im Depot habe, so oft auf dich treffe. Gilt übrigens nicht nur bezüglich W:0, sondern auch eine anderes Board in Sachen Ukraine.


Gruß Matthias

[bordighera]

Hallo matthiasch,

zunächst herzlichen Dank für die rasche Antwort.

Ich muss gestehen angenommen zu haben, irgendeine Meldung seie da an mir vorübergegangen. Das wäre insoweit unverzeihlich als ich dann schlicht geschlafen hätte.
Von daher bin ich nun beruhigt

Das mit den Werten und oftmaliger Übereinstimmung mit ein und denselben Personen ist wahrlich interessant.
Und es stimmt: Bei uns kreuzen sich die Wege verhältnismässig häufig - ich glaube letzthin erst bezgl. Nebenwerten in der Ukraine.

Vielleicht liegt es einfach daran, dass wir beide des sogenannten "mainstream" überdrüssig sind und uns eher die abgelegeneren Spielwiesen suchen. Das ist übrigens einer der Gründe, warum ich mich sukzessive aus diversen bluechips am Dnipro verabschiedet habe.
Lieber relativ weit unten ansetzen, einiges an Geduld mitbringen und langsam nach oben reiten als oben einsteiegen, eine Welle mitnehmen, bei der man oftmals den Ausstieg verpasst, um dann tief stürzen

Mit bestem Gruss
(bordighera)

[Vinyard]

Bisher war ich in dieser Region nur sehr erfolgreich in Dragon Oil investiert, habe nun aber auch bei diesem Werte eine Anfangsposition aufgebaut.

[Upturner]

char kurs 5,60 usd
öl 66,6 usd
KGV 2006 5-5,5

[Upturner]

> 6 USD
bald 12

[Upturner]

und wieder über 6 usd
nächste zahlen im november
nächste kursziele 8,10, 12...

[Upturner]

6,70 USD

[Albatossa]

[posting]17.869.245 von Upturner am 12.09.05 19:44:28[/posting]7,22 USD

[Upturner]

jetzt
21:15 uhr
zdf
u.a. aserbaidschan -der ölriese

siehe auch
www.caspian-sea.de

[Upturner]

ich sehe in 5 wochen etwa 25 cent pro share nettogewinn fuer das 3. q
kurs 6 usd

wer ist lukoil?

[Albatossa]

[posting]18.116.646 von Upturner am 03.10.05 12:35:51[/posting]Das sehe ich auch so kommen. Blos die Ünernahme von Nelson durch Lukoil hat ein paar Zocker wohl auf den Margen geschlagen.

Eigentlich muß man bereits ans nachkaufen denken wenn andere ihre Aktien verschenken!

[Albatossa]

[posting]18.116.646 von Upturner am 03.10.05 12:35:51[/posting]Hallo Upturner,

was denkt Du, solle man jetzt ans nachkaufen denken oder noch warten! Es juckt mir in den Finger meinen Mauscursor zu betätigen!
Nach diesen mächtigen Kursverfall bis auf die 200 Tageslinie und bei immernoch sehr hohen Ölpreis könnte sich doch eine weiteres zulegen von Chapaktien doch wieder lohnen. Wenn ich nur daran denke das Chap im letzten Quartal doch sehr mächtig was verdient haben muß. Die Zahlen wenn ja bald heraus kommen.

Gruß Albatossa

[Upturner]

d. kursverfall ist ja Lukoil geschuldet und der nelson übernahme
nelson hielt 60% an char

das kgv liegt bei 3,5 auf 2006-er basis !!!

q3 zahlen am 14.11.

die verkäufe in den staaten sind der ungewissheit über das lukoil vorgehen zuzuschreiben

nach den kennzahlen ist es ein klarer kauf

eventuell wird das jetzige kaufen belohnt

aber genau weiß das leider keiner

rechent man den nelson kaufpreis auf char um, wären 7 usd pro drin

[bordighera]

Hallo Upturner,

bei einer reinen Umrechnung des Kaufpreises mag das u.U. korrekt sein. Doch glaubst Du, man kann den Kaufpreis, welcher für Nelson entrichtet wurde, ins Verhältnis zu CHAR setzen?

Neutral betrachtet, ist die derzeitige Situation vollkommen Wirklichkeitsfremd:
Ein Unternehmen, was prinzipiell hervorragend dasteht, überdies im Vergleich zu allen anderen Kaspi-Werten spottbillig ist, und trotzdem stetig an Wert verliert – unglaublich!.

Aus diesem Grunde habe ich meine Zweifel, ob der Kaufpreis von Nelson so ohne weiteres auch für CHAR erzielbar sein wird. Schön wäre es, aber......

Letztlich dürfte die alles entscheidende Frage sein, inwieweit die Rechtsvertreter von CHAR die Interessen der Minderheitsaktionäre gegenüber Lukoil bzw. Nelson werden durchsetzen können.

Anders herum könnte man sich natürlich fragen, warum kein Statement von Nelson respektive Lukoil auf dem Tisch liegt, was nun mit CHAR geschehen soll.
Schliesslich bliebe für Lukoil auch die Option, den Laden als operativ und finanztechnisch selbstständige Einheit weiterzuführen, analog der früheren Situation mit der 60 %igen Nelsonbeteiligung. Für Lukoil wäre das sicher die einfachste Möglichkeit, jedweden Rechtsstreitigkeiten aus dem Wege zu gehen, wenn es sich dabei auch nicht unbedingt um die für den russischen Konzern per Moment profitabelste Lösung handeln mag.

Alles nur laut gedacht

Mit bestem Gruss
(bordighera)

[Upturner]

Aton Mosjkau heute
Zahlen kommen nachher

....Meanwhile, we believe Chaparral Resources` 3Q05 US GAAP results, usually reported simultaneously with Nelson`s, may prove to be more influential for that stock. By way of reminder, Chaparral shares have almost halved in value since Lukoil`s takeover bid announcement, amid fears the Russian major would seek to de-list Chaparral, squeezing out minority shareholders at current low levels.

However, we believe these fears are overstated since: a) to date Lukoil has acted strictly in accordance with internationally accepted corporate governance standards in its dealing with Nelson. While we disagree with the valuation, we note that minority shareholders at Nelson are being offered the same price and it is up to them how they ultimately vote (we reiterate our strong view that they should vote against the takeover); and b) delisting US-listed and US-registered Chaparral could require a lot more voting power than Nelson`s current approximately 60% stake in the company affords, while Lukoil is clearly going to think twice before undertaking any adverse corporate management steps in respect to a US legal entity with substantial minority investor participation.

We also note that Chaparral`s valuation is excessively low even compared to Nelson`s deal terms. The company has already posted impressive financial results and appears likely to do so again. We forecast Chaparral`s 3Q05 EBITDA at $40mn, up 166% y-o-y, and net income at $15mn, up more than four-fold. Chaparral`s current market cap equals its annualized 3Q05F EBITDA and it trades at 2.5X annualized 3Q05F earnings.

We also note that to date, Chaparral`s 4Q05 production has exceeded 12mbpd, or 20% above our 3Q05 estimate, providing potential additional upside for the company`s financials.

We thus believe that at current levels Chaparral Resources is heavily undervalued; the company`s 3Q05 US GAAP results may thus serve as a revaluation trigger.

[LMeister7]

Tag,
die Zahlen von Nelson geklaut aus dem Nelson-WO-Board:

NELSON RESOURCES LIMITED - 3rd Quarter Results
14 November 2005 NELSON RESOURCES LIMITED REPORTS THIRD QUARTER RESULTS,
FURTHER GROWTH IN PRODUCTION AND REVENUENelson Resources Limited (TSX / AIM: NLG), a leading exploration and production
company operating in Kazakhstan, today reports its results for the three and
nine months ended September 30, 2005. All amounts are expressed in U.S. dollars
unless otherwise indicated.
HIGHLIGHTS
==========Year on year, nine months 2005 versus nine months 2004: - Oil revenue up 160% to $401.1 million (9 months 2004 $154.1 million)- Oil production increased by 79% to 8.6 million barrels (9 months 2004
4.8 million barrels)- Net profit after tax increased ten-fold to $108.0 million (9 months 2004
$10.2 million)
Quarter on quarter, Q3 2005 versus Q2 2005: - Oil revenue up 45% to $178.9 million (Q2 2005 $123.7 million)- Production net to Nelson averaged 31,530 barrels of oil per day - up 6% from
29,693 bopd for Q2 2005- Gross operating profit increased 77% to $136.4 million (Q2 2005 $77.0 million)- Net profit after tax increased by 98% to $47.9 million (Q2 2005 $24.2 million)
Operations:- At North Buzachi, new processing facilities have been completed and further
drilling rigs commissioned, which has substantially increased production rates
at the field- At Alibekmola, the main pressure maintenance program has been initiated with
five wells converted to water injection- 35 new wells were drilled during the quarter, with the total well stock
reaching 220 producing wells and 27 water injection wells across the group`s
five producing fields
Nick Zana, Nelson`s Chief Executive Officer, commented, " Throughout the first
nine months of 2005, the Company has benefited from the diversification that it
has achieved through acquisition of interests in multiple fields over the past
two years. The operating environment remains challenging in upstream business
worldwide. Nelson has benefited from higher oil prices, but this in itself has
created a number of challenges that need to be managed to maintain our
demonstrated success." " As previously announced on October 13, Nelson has reached an agreement to
amalgamate with Lukoil Overseas Holding Ltd., and a shareholder`s meeting to
consider the proposed amalgamation will take place on December 2. After careful
consideration, the Board of Directors of the Company unanimously recommend a
vote in favour of this amalgamation."
FINANCIAL REVIEW
================
================================================================================
(in thousands of U.S. dollars, Three Months Ended Nine Months Ended
except per barrel and September 30 September 30
share amounts) 2005 2004 2005 2004
--------------------------------------------------------------------------------
Crude oil prices ($/bbl)
Brent 61.53 41.36 53.67 36.24
Net realization - gross of royalties 56.09 36.46 48.85 32.33
Net realization - net of royalties 54.10 35.76 47.54 31.85Revenues - net of royalties 178,887 77,683 401,055 154,075
Gross operating profit* 136,441 51,284 279,971 92,967
EBIT** 95,780 39,522 217,820 64,831
Net profit after tax 47,920 16,766 107,972 10,183Debt 128,603 188,282 128,603 188,282
Cash on hand 40,034 106,868 40,034 106,868
Net debt after cash 88,569 81,414 88,569 81,414Not included in
gross operating profit:
Other compensation costs (22,238) (3,898) (15,925) (8,672)
Derivative instruments (10,806) (2,835) (23,087) (19,121)
Depreciation and amortization (18,423) (7,864) (46,226) (19,464)
================================================================================* Gross operating profit is revenues less costs of production, sales and
transportation expenses and general and administrative expenses
** EBIT, earnings before interest and taxes, is gross operating profit less
other compensation costs and depreciation and amortization


MfG,
LM7

[Upturner]

Chaparral Resources Announces Third Quarter Results and Corporate Update; Net Income Rises Nearly Fourfold to $13.32 Million or 35 Cents Per Share; Revenue More Than Doubles



WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Nov. 14, 2005--Chaparral Resources, Inc. (OTCBB:CHAR) (the Company) today announced its financial results for the third quarter 2005 and a corporate update on the proposed offer by Lukoil Overseas Holding Limited to purchase the Company`s majority shareholder, Nelson Resources Limited.

Financial Results

The Company reported net income of $13.32 million, or 35 cents per share, for the quarter ended September 30, 2005, compared to $3.56 million, or 9 cents per share, for the quarter ended September 30, 2004. The $9.76 million increase in net income primarily relates to higher revenues as a result of higher prices and higher sales volumes achieved during the third quarter of 2005.

Revenues were $50.44 million for the third quarter of 2005 compared with $22.08 million for the third quarter of 2004. The $28.36 million increase is the result of higher crude prices and sales volumes. During the third quarter of 2005, the Company sold approximately 984,000 barrels of crude oil for an average $51.24 per barrel. Comparably, Chaparral sold approximately 674,000 barrels of crude oil for an average $32.74 per barrel during the third quarter of 2004. The result is a positive price variance of $18.21 million and a positive volume variance of $10.15 million.

For the nine months ended September 30, 2005, the Company recorded net income of $23.75 million, or 62 cents per share, compared to net income of $5.49 million, or 14 cents per share, for the nine months ended September 30, 2004. (By comparison, net income for the full year 2004 was 22 cents per share.) The $18.26 million increase in net income for the nine month period is primarily a result of higher crude prices.

Revenues for the first nine months of 2005 were $107.92 million compared with $55.16 million for the first nine months of 2004. The $52.76 million increase is the result of higher crude prices and sales volumes. During the first nine months of 2005, the Company sold approximately 2,377,000 barrels of crude oil for an average $45.40 per barrel. Comparably, approximately 2,029,000 barrels of crude oil were sold for an average $27.19 per barrel for the first nine months of 2004. The result is a positive price variance of $43.30 million and a positive volume variance of $9.46 million. The Company exported 93% of total sales with 7% sold to the domestic market during the first nine months of 2005, compared with 91% export sales and 9% domestic sales in the first nine months of 2004.

Transportation costs for the third quarter of 2005 were $4.97 million, or $5.05 per barrel, and operating costs associated with sales were $4.05 million, or $4.11 per barrel. Comparatively, transportation costs for the third quarter of 2004 were $3.33 million, or $4.94 per barrel, and operating costs associated with sales were $1.76 million, or $2.61 per barrel. While transportation costs have remained relatively constant, the main reason for the increase in operating cost per barrel relates to changes in cost allocation procedures resulting in a lower percentage of field expenditures being capitalized.

Production for the first nine months of 2005 was 2.75 million barrels, equivalent to 10,075 barrels of oil per day (bopd), compared to 2.19 million barrels, or 7,993 bopd, in the first nine months of 2004, an increase of 26%. Current daily oil production is in excess of 12,000 barrels per day.

Drilling activity continued in the third quarter. The Company drilled three wells (9,609m) in the third quarter of 2005 compared to 3.6 wells (11,409m) in the second quarter of the year. The reduction in meterage was due to the drilling rig requiring essential maintenance, as a result of which 20 drilling days were lost. As of September 30, 2005 the total field well count had risen to 76 compared to 66 on December 31, 2004. The producing well count at the field as of September 30, 2005 was 58 wells compared to 45 at the end of 2004. One producing well was converted to a water injection well.

During the remainder of 2005, average production is expected to be maintained at a minimum of 12,000 bopd. Three new wells are expected to be drilled, six more wells converted to artificial lift, and two wells added to the water injection fund. Construction of the gas pipeline connecting the field to the Central Asian gas transit pipeline has been completed, and after installation of the necessary condensate traps and gas compressors, this will allow all gas not used in field operations to be sold.

Construction of a rail loading facility commenced in September. When completed in mid-2006, this will allow KKM to export crude by rail to Aktau, thus reducing its dependency on the KTO export pipeline system. KKM produces a higher quality crude than the blend exported via KTO, a quality differential for which it currently receives no compensation. The rail loading facility will offer the field alternative export routes and allow KKM to market its crude independently, thus achieving better netbacks.

Simon Gill, Chief Executive Officer of Chaparral, commented, "The continued increases in production from the Karakuduk field combined with the current high crude oil prices has helped the Company to achieve a 52% increase in revenue and 102% increase in net income over the second quarter 2005, and a 128% increase in revenue and 274% increase in net income compared to the third quarter of 2004. Chaparral is benefiting from the focused management leadership in KKM which has resulted in better production rates from new wells and the optimization of production from existing wells. The Company remains on track to achieve its full year 2005 targets."

Company Update

In response to shareholder and public inquiries, the Company wishes to summarize the current status of the proposed offer by affiliates of Lukoil Overseas Holding (Lukoil) to purchase 100% of the shares of Nelson Resources (Nelson) as it affects the Company. The following summary is not complete in detail and readers should refer to the primary announcements and filings by the parties, which include the Company, Nelson, Lukoil and other entities.

-- On September 30, 2005, Nelson announced it had entered into an
agreement to negotiate with Lukoil for the terms of an offer
to acquire 100% of Nelson`s shares.

-- On October 3, 2005, the Company announced that it had formed a
special committee of the board of directors to represent the
interest of shareholders with respect to the potential
Nelson/Lukoil transaction.

-- On October 13, 2005, Nelson entered into an Agreement to
Amalgamate with Lukoil through a subsidiary which would
acquire 100% of Nelson`s shares for US$2 billion.

-- On October 14, 2005, Lukoil announced that it had purchased
approximately 65% of Nelson`s outstanding shares from four
principal shareholders on the same terms offered to other
shareholders.

-- On November 4, 2005, Nelson distributed a Notice of General
Meeting of Shareholders to be convened on December 2, 2005, to
vote on the offer by Lukoil to amalgamate. If a quorum of 75%
of the shareholders vote in favor of the transaction, and
other conditions are met, the amalgamation of Nelson into
Lukoil would occur by December 12, 2005. If the amalgamation
is not completed, Lukoil will remain the 65% majority
shareholder of Nelson.

-- As of this date, there have been no changes to the management
or directors of Chaparral, other than the appointment of
Charles Talbot as CFO, previously announced on October 14,
2005. There has been no indication of Lukoil`s future
intentions as the majority shareholder of Nelson.

Chaparral`s special committee has established communication with Lukoil. Lukoil`s position is that it is not currently prepared to discuss Chaparral issues until the amalgamation with Nelson is complete. The board and the special committee will inform shareholders and the public of information regarding the Lukoil/Nelson transaction as it relates to the Company as and when it is made available.

The Company`s reports and filings may be found on the SEC internet site www.sec.com. Nelson`s reports and filings, including the Management Information Circular relating to the amalgamation with Lukoil, may be found on the Canadian SEDAR internet site www.sedar.com.

Chaparral Resources, Inc. is an oil and gas development and production company. The Company`s only operating asset is its participation in the development of the Karakuduk Field, in the Republic of Kazakhstan, through KKM, which is the operating company. The Company has directly and indirectly a 60% ownership interest in KKM with the other 40% ownership interest being held by Nelson. Nelson, an oil company listed on the Toronto Stock Exchange and the Alternative Investment Market of the London Stock Exchange, holds a majority interest in Chaparral and operates several other producing oil fields in Kazakhstan. More information is available on the Company`s web site, www.chaparralresources.com.

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this News Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company`s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of oil prices, product demand, market competition, risks inherent in the Company`s international operations, imprecision of reserve estimates and Chaparral`s ability to replace and expand oil and gas reserves. These and other risks are described in the Company`s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

FINANCIAL HIGHLIGHTS
($000, except share data)

Quarter Ended
September 30
-----------------------
2005 2004
----------- -----------

Revenue 50,437 22,078
Cost and expenses (18,500) (11,104)
-----------------------
Income from operations 31,937 10,974

Minority interest (9,113) (2,840)
Other income/(expense) (1,229) (1,453)
Income tax expense (8,280) (3,122)
----------- -----------
Net income available to common stockholders 13,315 3,559
=========== ===========

Basic earnings per share:
Net income per share $0.35 $0.09
Weighted average number of shares outstanding
(basic) 38,209,502 38,209,502


Diluted earnings per share:
Net income per share $0.33 $0.09
Weighted average number of shares outstanding
(diluted) 40,475,014 38,209,502



CONTACT: Chaparral Resources, Inc.
Olav Svela, 866-559-3822
[e-mail]

SOURCE: Chaparral Resources, Inc.

[Zockempire]

Wie erwartet sehr gute Zahlen.
Wie es ausschaut haben jetzt auch die Amis den
ersten Schock überwunden, dass jetzt Lukoil Hauptshareholder ist.

Nach meiner bescheidenen Meinung wird alles beim alten bleiben. Vielleicht macht Lukoil ein Angebot für Chap, aber die Übernahme sollte deutlich schwieriger sein als bei Nelson.

[Upturner]

APPROVAL OF AMALGAMATION

Nelson Resources Limited (`Nelson`) (TSX/AIM: NLG) is pleased to announce today
that its shareholders approved the amalgamation (the `Amalgamation`) of Nelson
with and into Caspian Resources Investments Ltd. (`Caspian`), a wholly-owned
subsidiary of Lukoil Overseas Holding Ltd. (`Lukoil`). The Amalgamation was
approved by 97.07% of the votes cast by shareholders voting at the meeting.

Subject to the satisfaction of the other conditions contained in the Agreement
to Amalgamate among Nelson, Caspian and Lukoil, it is anticipated that Caspian
will file articles of merger in the British Virgin Islands to give effect to
the Amalgamation on December 5, 2005.

On the Amalgamation becoming effective, Nelson will cease to exist and all
shares of Nelson will be cancelled. In lieu of their shares, all holders of
Nelson Shares (`Nelson Shareholders`), other than dissenting Nelson
Shareholders and Lukoil and its affiliates, will be entitled to receive a cash
payment of US$2.19162 per Nelson share. Dissenting Nelson Shareholders will be
entitled to claim payment of the fair value of their shares, as fixed by a
Bermuda court, provided they comply with the dissent procedures of applicable
law.

[Zockempire]

Ein Blick unter http://finance.yahoo.com/ zeigt uns, dass Chaparral

nur sehr wenige große Institutionelle Anleger hat und diese halten gerade mal ca. 70%, wenn man Nelsons 60% Anteil hinzurechnet.

Dazu kommt, dass die Alan Hld. seit 2004 Aktien abbaut und mittlerweile unter 10% Anteil gesunken ist. Da erst ab 10% Anteil bei der SEC berichtet werden muss, ist unklar, wieviel % sie jetzt noch halten. Wahrscheinlich nur noch 8 oder 9%. Am 14.11.05 sind sie unter 10% gesunken.

Ich kann mir nicht vorstellen, dass man 30% Minderheitsaktionäre einfach so übergeht. Bei Nelson waren ein Haufen Fonds drinn. Die "mussten" zustimmen, da sie kaum Rechtsstreitigkeiten wegen der kurzfristige Orientierung eingehen können.

Die Chancen stehen hier m.E. gut, dass Chap. unabhängig bleiben wird.

[Upturner]

Aton heute:
Nelson Resources. Shareholders approve Lukoil merger

Nelson Resources said Friday`s EGM had approved amalgamation with Lukoil, with 97% of shareholders at the meeting voting in favor of the deal.

The merger will take effect from today, when Nelson will cease to exist. All non-dissenting shareholders will be entitled to receive a cash payment of $2.19 per share.

We believe the acquisition is value accretive for Lukoil shareholders. In terms of strategic development, the purchase will significantly improve Lukoil`s position in the very promising Caspian segment.

Vedomosti cited Lukoil officials as saying that the company has not yet decided whether it will seek to buy out minorities in Nelson subsidiary Chaparral Resources, saying that it would limit itself to gaining operating control at the first stage. The news is slightly reassuring for Chaparral minorities as the stock has suffered since the announcement of Lukoil`s acquisition of Nelson amid fears of a possible Lukoil squeeze-out.

The result was expected and is unlikely to have an immediate effect on Lukoil`s share price. Lukoil remains our top pick in the Russian oil & gas universe.

[silux]

Die Region um das Kaspische Meer

Der Weltenergiebedarf wird nach Schätzungen des Weltenergierates bis 2020 um 50 Prozent steigen wird. Allein die USA werden in zehn Jahren etwa 60 Prozent und Europa sogar 70 Prozent seiner Energie importieren müssen. Und auch der Energieverbrauch in China wird sich bis dahin verdoppelt haben. So wird auch China 40 Prozent seines Energiebedarfs importieren müssen.

Schätzungen über das verfügbare Volumen in der Region um das Kaspische Meer reichen von 50 (etwa soviel wie in der Nordsee) bis 110 Milliarden Fass Erdöl und etwa 7-9 Billionen Kubikmeter Erdgas.

Erst im Sommer 2000 wurde vor der kasachischen Küste das Kashagan-Ölfeld entdeckt, das als eines der 5-größten der Welt gilt. Demgegenüber werden die Ölquellen der Nordsee in ungefähr zehn Jahren nicht mehr sprudeln. Spätestens dann muss das Öl aus den Feldern um das Kaspische Meer, das Kaspi-Öl, so reichlich in die Volkswirtschaften des Westens fließen, dass die Abhängigkeit vom OPEC-Öl eingegrenzt werden kann. Was um so wichtiger sein wird, als der weltweite Verbrauch, auch infolge der Industrialisierung Asiens, permanent steigt. Allein im Rohstoffsektor dieses zentralasiatischen Landes wurden seit der Unabhängigkeit im Jahr 1991 mehr als 20 Milliarden Dollar investiert. Die Entdeckung des Kashagan-Feldes war der größte Ölfund seit drei Jahrzehnten. Geologen des italienischen Ölkonzerns Agip entdeckten das auf 30 Mrd. Barrel geschätzte Erdölfeld in 4.500 Meter Tiefe inmitten des nordkaspischen Naturschutzgebiets. Unter einem uralten Korallenatoll gelegen, ist Kashagan vermutlich die 2-größte Ölblase der Erde. Die größte, Ghawar in Saudi-Arabien, birgt etwa 80 Millarden Barrel. Seit dem sensationellen Fund in Alaskas Prudhoe Bay im Jahr 1970 wurde nicht mehr so viel Erdöl an einem Ort entdeckt. Die Felder der Nordsee bergen noch insgesamt 17 Milliarden Barrel. Ein weiteres riesiges Feld ist das Tengiz-Feld. Es beinhaltet die 4. größten Reserven der Welt. Volle Produktion ab 2006.



Kasachstan, noch vor einem Jahrzehnt eine rückständige Sowjetrepublik, wird sich in naher Zukunft einen Platz in den Top Five der Erdölexporteure entwickeln. Jeden Tag bis zu fünf Millionen Barrel könnte das Land schon im Jahr 2010 an den Rest der Welt verkaufen. Öl und Gas ist aber bei weitem nicht alles. Kasachstan zählt zu den wichtigsten Bergbauländern der Welt. Neben Kohle, Erdöl, Erdgas, sind dort die größten Zinkreserven der Welt, die zweitgrößten Blei-, Chrom- und Silberreserven; Goldvorkommen von "beachtlicher Größe" und Bauxit, Eisen, Kadmium, Kaolin, Kupfer, Mangan, Molybdän, Phosphorit, Uran und Wolfram. Entsprechend bunt ist das Treiben im Land. Bergbau- und Energieunternehmen aus den USA, Japan, Kanada, BRD, Großbritannien , Australien, Neuseeland und Israel buddeln neben russischen in der Erde.

Die Erdgaslager in der Kaspi/ Kaukasusregion sollen noch bedeutender sein als die Erdölreserven. So wird Turkmenistan oft das neue Kuwait am Kaspischen Meer genannt: Die seit zehn Jahren unabhängige ex-sowjetische Wüstenrepublik sitzt auf immensen Reichtümern. Die Gasvorkommen allein werden auf zwei Billionen Kubikmeter geschätzt, die viertgrößten bis drittgrößten (hinter Russland und Iran) der Welt.

In Aserbaidschan sind über zehn westliche Ölgesellschaften (ExxonMobil, BP , Agip, Shell u.a.) aktiv.

Das Kaspische Meer hat keinen Zugang zu den Weltmeeren. Das Öl und Gas muß also über Pipelines abtransportiert werden.

Die russische Blue Stream Gas-Pipeline führt von Izobilnoye (Russland) unter dem Schwarzen Meer hindurch in die Türkei nach Samsun. Baukosten 3,4 Mrd USD. Seit 2003 in Betrieb.

Turkmenistan hat die viertgrößten Erdgasvorkommen der Welt. Mit einer geplanten Pipeline über Afghanistan nach Pakistan würde sich die Abhängigkeit von Turkmenistan von Russland mindern. Bis zu 30 Milliarden Kubikmeter Erdgas aus den bislang noch weitgehend unerschlossenen Vorkommen Turkmenistans könnte sie im Jahr ins pakistanische Karatschi transportieren. Später soll parallel dazu eine zweite Röhre für Erdöl folgen. Die etwa 1500 Kilometer lange Trasse soll durch den Korridor von Herat nach Kandahar verlaufen.

Seit 2005 ist die Baku-Tiflis-Ceyhan-Pipeline (BTC) in Betrieb. Durch Georgien wird sie die aserbaidschanischen Ölquellen im Kaspischen Meer mit dem Hafen Ceyhan an der türkischen Mittelmeerküste verbinden.

Bereits seit 1999 in Betrieb ist die Pipeline von Baku zum georgischen Schwarzmeer-Hafen Supsa. Von dort wird das Öl per Tanker durch den Bosporus in die weite Welt transportiert.

Im Bau ist eine gigantische Trasse von den riesigen Tengiz-Feldern in Kasachstan zum russischen Schwarzmeerhafen Noworossisk.



siehe auch Thread: +++ RISK & CHANCE --> The Caspian Sea !?!?!? +++ +++ RISK & CHANCE --> The Caspian Sea !?!?!? +++

[Upturner]

http://www.russia4u.de/start/CHAr.pdf

[LMeister7]

Guten Abend,
habe leider erst heute diese Analyse gelesen. Endlich mal schlüssige Informationen und das in einer Analyse (die den Namen auch verdient). Ich hoffe, die gibts auch in Englisch, damit die Amis endlich ihre Höschen wieder trocken kriegen. Ich glaube nicht, dass Lukoil wegen irgendwelcher Machenschaften um "High Chaparral" ein DeListing an den US-Börsen riskiert.
Trotzdem erwarte ich (noch) nicht dass der Kurs durch die Decke geht. Erst sollten klare Verhältnisse her. Das sollte auch in Lukoils Intresse sein.
Schön Adventssonntag noch,
LM7

[Upturner]

das hört sich verrückt an

...NLG.TO SHOWS RESERVES OF 434 MILLION BARRELS OF OIL IN PLACE AT KARAKUDUCK-YET THE TOTAL PROVED, DEVELOPED /UNDEVELOPED PROBABLE AND POSSIBLE RESERVES ONLY AMOUNTS TO SOME 89 MILLION BARRELS; A LARGE DISCREPANCY...

wäre es halbwegs wahr, das wäre ein hammer

[Menglovator]

http://www.border-ofbestfriend.de/Menglo/caspian_sea_04.jpg

[Upturner]

habe meine Chaparral analyse nochmal aktualisiert
einige details + kgv neu berechnet
2006-er KGV 2,45-3

http://www.russia4u.de/start/CHAr.pdf

[Zockempire]

Ja, Chaparral ist eine hervorragende Chance im kasachischen Ölsektor.

Vor allem wenn keine Übernahme erfolgt ist das Potential enorm. Kurse von >15 US-$ sollten dann in den Focus rücken. Selbst wenn Lukoil ein Angebot zu den erwarteten ~ 7$ (akt. Kurs 5$) machen sollte, werden immer noch die freien Aktionäre entscheiden ob das durchgeht!!

Benötigt werden immerhin 90% der Aktien um CHAR von der Börse zu nehmen. Ich z.B. würde mich nicht so schäbig abfinden lassen und dagegen stimmen!

[Upturner]

und fürs light sieht es noch besser aus

2006-er kgv 2,45-2,9

[Menglovator]

Mal eine andere Karte mit Chaparral (ziemlich rechts-oben):

http://www.border-ofbestfriend.de/Menglo/caspian_02.jpg

[cyberinvestor]

Ich bin bei euch.



CI

[Upturner]

der erste
"Caspi Oil p" Index
http://www.russia4u.de/start/start.html

ich war mal so frei

[Upturner]

5,11 USD
stehen etwa news an?
hoffentlich kein lukoil übernahmeangebot

unabhänig bleiben, das wärs
2006-er KGV 2,45-3
ziel 20 USD

[cyberinvestor]

Sehr hohe Umsätze in der letzten Handelsstunde.
Was mag das bedeuten?


CI

[Zockempire]

So, die 5$ Marke ist endlich geknackt. Wir sehen jetzt wahrscheinlich bald die alten Hochs...

[Upturner]

von Aton aus Moskau
http://www.russia4u.de/2-Oil_gas_Dec05__d_.pdf

[benefactor [KommA]]

So, das dürfte jetzt ungefähr der Boden sein bei $5. Jetzt sollte man CHAR Aktien kaufen und die nächsten Monate laufen lassen.

[Albatossa]

Es wird Zeit das die massive Unterbewertung von Chaparral, die sogar noch größer wurde, zu den anderen Erdöaktien abgebaut wird. Ich gehe davon aus wie die meisten hier am Board ein weiteres Rekordergebnis bis zum 31.12.2005 erwarten und es auch so kommen wird. Und von einer Übernahme durch Lukoil ist weit und breit vorerst auch nichts zu sehen und ich würde meine Aktien ganz sicher zu diesen Dumpingkurse nicht verkaufen! Bei mehr als 12 Euro pro Aktie könnte ich vielleicht schwach werden.

Gruß Albtossa


P.S.: Das sind auch Tatsachen!

[Upturner]

ich träume von 30 usd

kgv 2,5
bei einem kgv von 15 landest du bei 30 usd
warum also für 7, 10 oder 15 verkaufen
bei diesen aussichten

eigenständige char mit luk als grossaktionär
dann kommen die 30 ganz schnell
es müssen sich nur 10% der aktionäre über diese rechnung im klaren sein und nicht verkaufen.
es wäre so einfach
leider habe ich keine 20 mill usd, um 3,8 mill aktien zu kaufen
das wäre seit anfang oktober möglich gewesen

[Upturner]

[Albatossa]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[Menglovator]

Schütze deine Aktien, indem du einen Verkaufsauftrag (wenn ü…

Nur mal so zur Kenntnisnahme :

Zitatanfang
Kursmanipulation und Gegenmaßnahmen,

...angenommen, du kaufst 1000 Aktien eines Stocks. der manipulative MM, der diesen Trade für dich ausführt, kann diese 1000 Aktien sofort leihen und bereits einen Trade später gegen dich einsetzen, indem er diese 1000 Aktien ins bid verkauft, also billiger. da die Umsätze erst nach 3 tagen gecovert werden müssen (also abgerechnet), kann der MM mit dem gesamten (kauf)Volumen ins bid gehen und somit eigentlich kaufwillige abhalten, weil die sich natürlich fragen " wer verkauft denn da zu diesen Schweinepreisen?" , was dazu führen kann, dass trotz guter News ein stock nicht steigt oder sogar fällt.

Wenn das von mehreren MM betrieben wird, ergibt sich im Handel ein verzerrtes bild der Realität. eigentlich ist der stock bereit zu steigen, wird aber dadurch das die Shares der Ask Käufer sofort wieder billiger ins Ask gegeben werden, im lauf ausgebremst und fällt sogar. dieses spiel kann diverse tage so gehen und die Anleger richtig Geld kaufen. viele verkaufen am gleichen tag oder spätestens nach 2-3 tagen entnervt ihre " fallenden" Aktien, was dazu führt, das der preis noch weiter fällt. Netter Nebeneffekt für die Shorts: bei fallenden Kursen sammeln sie links und rechts noch Stop Losses ein und die abends nach hause kommenden Shareholder fragen sich, wo ihre Aktien geblieben sind. flankiert wird dieses vorgehen oft von Bashern, die zuhauf in den Boards auftauchen und dort die Verunsicherung weiter schüren.

Nun wurde zum Jahreswechsel ja die SHO Regelung eingeführt, die die MM und Shorties zwingen sollte, nach 3 tagen zu covern, also geliehene Shares glattzustellen. was dann bedeutet hätte, das bei fundamental guten werten und standfesten Shareholdern die Shorties und MM reichlich Aktien hätten kaufen müssen, um die geliehenen wieder glattzustellen. das hätte zu extrem steigenden Kursen führen können (ein sogenannter Short Squeeze), weil bei theoretisch über 3 Tagen geliehenen und short verkauften 10 Millionen Aktien auch die gleiche menge Aktien hätte gekauft werden müssen -und das in der Regel aus dem Ask, was eben für einen fetten Rebound gesorgt hätte.

Da die MM und Hedges aber nicht doof sind, passiert nach dem drei tagen folgendes: der MM, der mit z. b. 50.000 Aktien short ist und nach Ablauf der 3 tage eigentlich covern müsste, leiht sich diese 50.000 Aktien von einem anderen MM, der nun wiederum 3 tage zeit hat, der verliehenen 50.000 Aktien zu covern. was dann passiert? richtig, MM Nummer 2 findet MM Nummer 3, der ihm erneut 50.000 " leiht" . dieses spiel kann unendlich fortgeführt werden, es könnte sogar der erste MM wieder 50.000 Aktien der Nummer 3 leihen, weil ja MM Nummer 1 durch MM Nummer zwei gecovert wurde.

und so kommt es, dass es reichlich werte auf der SHO liste gibt, die dort seit Wochen (was ja eigentlich unmöglich ist)stehen und aus diesem miesen Kreislauf nicht herauskommen und weiter fallen oder stagnieren.

einen teil der Opfer findest du hier:

http://www.nasdaqtrader.com/aspx/regsho.aspx

ganz pervers wird es beim nächsten punkt:
beim naked shorten wird oft auf Margin Basis gehandelt, das bedeutet, dass wenn du z.b. 1000 Aktien gekauft hast, diese zwischen 4- und 10-fach beliehen werden. mit jedem kauf von 1000 Aktien löst du also mögliche Verkäufe von 4000-10.000 Aktien aus. auch hier wird das covern - wie oben besprochen- durch gegenseitiges beleihen ausgebremst.

bei derzeit rund 8500 börsenwerten in den USA und existierenden 9000 Hedges fonds kannst du davon ausgehen, dass jede noch so gesunde Firma Opfer werden kann. dadurch werden milliardenwerte vernichtet und Kleinanleger um ihr Geld betrogen. die meisten short Attacken werden über Kanada, Offshore und (man vermutet das) über Berlin gefahren.

erst wenn die sec das gegenseitige covern unter den MM restriktiv verbietet und dieses auch konsequent umsetzt und Verstösse drastisch bestraft, wird sich daran etwas ändern. Aber diese mafiöse Allianz von Hedges, MM und großen Brokerhäusern hat eben nicht nur Finanzpower sondern auch politische Macht. auf jeden fall ist es der größte Beschiss des Jahrhunderts und er wird ganz offensichtlich geduldet von den wichtigen Herren der weltweiten Finanzmafia.

bei der SHO List geht es darum, das berüchtigte Naked Short Selling einzudämmen. Gesellschaften, deren Aktien die folgenden 3 Kriterien erfüllen, kommen jeweils am Handelstag auf die THreshold (SHO List).

~ There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security;
~ The level of fails is equal to at least one-half of one percent of the issuer?s total shares outstanding; and
~ The security is included on a list published by a self-regulatory organization (SRO).

A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days

D.h. bei ca. 360 Mio. ausstehenden SHRN Aktien sind mind. 0,5% = 1,8 Mio. Aktien geshortet, ohne geliefert worden zu sein, d.h. naked short. Das ist seit mind. 7 Tagen der Fall und deswegen steht SHRN seit 2 Tagen auf der Liste. M.W. greift die SEC ein, wenn ein Wert eine gewisse Zeit auf der Liste steht (meine 13 Tage).

SHO List heißt also erstmal, es wird gedrückt (von 11 Cent auf knapp 8 Cent in den letzten Tagen, ohne zu liefern, d.h. MM geben Verkäufe ein, haben aber die Aktien nicht. Meistens gibt es einen kleinen Hype, wenn die SEC-Frist abläuft. Es kann aber auch sein, dass die neulich bei RB gemeldete Registrierung von 3,5 Mio. SHRN Aktien der Eindeckung der Naked Shorts dient, d.h. die Aktien sozusagen vorher verkauft wurden.

beim kiten werden deine gekauften shares sofort verliehen und ins bid geworfen.

du kaufst 5000 aktien aus dem ask (grüner umsatz). das war ein verkauf eines anderen, der von dir erworben wurde.

wenn das z.b. 20x passiert, steigt der kurs, weil das ask leergekauft wird und kaum etwas ins bid fliegt.

shorts kiten gemeinsam mit den market makern.

das heisst: zusätzlich zu den eh schon shorten aktien (also die permanenten 200er, 500er ticks ins bid) verleihen die MM in der gleichen sekunden deine aktien, also die 5000 grünen stücken und werfen sie ins bid zurück.

nun sind bereits 2x 5000 aktien verkauft und 1x gekauft worden. der kurs kommt nicht hoch sondern wird mit diesen aktionen nach unten gedrückt, weil das ask normalerweise schwächer wird und das bid dann ebenso weiter abfällt.

auf dem weg nach unten wird eingesammelt (wenn erste blöcke entnervter fliegen) und stop losses eingesammelt (gestern war zb ein 34k block dabei).

anschliessend wir nach lust und laune entweder mit den billig abgegriffenen shares das geliehene volumen gecovert oder -was sie auch gerne machen (SHO liste): ein mm der 60.000 aktien short ist und nach 3 tagen ssettlen müsste,also covern, leiht sich einfach vom nächsten mm die 60k aktien, covert seine und ist durch damit. der andere market maker hat wieder 3 tage zeit und macht das gleiche nochmal.

so drehen sich also millionen geliehener aktien im market maker karussel und beeinflussen die kurse, obwohl es diese shares eigentlich nicht gibt.

schütze deine aktien, indem du einen verkaufsauftrag (wenn ü…

[Menglovator]

Da fehlte noch was :
Schütze deine Aktien, indem du einen Verkaufsauftrag (wenn überhaupt S/L) mit einem hohen Verkaufspreis für deine Aktie reinstellst, dann sind diese Aktien zum beleihen gesperrt.

[Upturner]

http://www.forbes.com/investmentnewsletters/2005/12/20/micro…
Four Energy Essentials
Ken Kam, Marketocracy Marketscope, 01.19.06, 12:30 PM ET
Related Quotes
CHAR 5.90 + 0.17
LUFK 63.27 + 2.49
LUKOF 31.25 + 0.00
PKZ 54.93 + 0.00
TSO 70.36 + 0.16
VLO 59.95 + 0.29


SAN FRANCISCO - Our energy investments are beginning to perform again, as the market is beginning to realize how tight the supply and demand for oil truly is right now. The economy is booming, so the upward pressure on crude oil and natural gas is not going away.

Marketocracy’s best investors are aggressively buying a fertilizer company with a booming business in China. Click here for details in Marketscope.
The illusion that the energy problem is under control is driven by three factors: all-out OPEC production, the International Energy Agency’s release of 60 million barrels of oil last quarter, and a mild winter in the U.S. But things can change quickly: OPEC is talking about cutting back production, the IEA stopped releasing oil from its reserves in late December, and there may still be some cold days ahead before winter is over. Gasoline prices are already going back up all over the country.
High oil prices did not derail the economy in 2005 and won’t in 2006. I don’t see a recession on the horizon unless the Fed makes a mistake and pushes interest rates up too far. Barring that, I think the price-to-earnings ratios on lots of energy stocks could increase to something closer to the market average. The S&P 500’s P/E is about 16, so Valero (nyse: VLO - news - people ) and Tesoro (nyse: TSO - news - people ) would have to appreciate by 45% just to get to a market average P/E assuming no further growth in earnings. That kind of upside justifies keeping our energy positions open.
Refiners
Last year, we recommended three refining stocks--Valero, Premcor (nyse: PCO - news - people ) and Tes­oro--and all three just about doubled. Premcor was taken over by Valero, but we continue to recommend Valero and Tesoro. Earnings at these two companies are booming, but the stocks continue to trade at P/E ratios well below aver­age. The main reason stocks like Valero trade at 11 times earnings is that Wall Street doesn’t believe the earnings are sustainable because refining has his­torically not been an attractive industry.
Special Offer: Natural gas producers and pipeline outfits are producing huge profit. Click here for a buy recommendation in Marketscope: a natural gas producer up more than 40% since September, and now breaking to new highs. Last year, refining capacity became an issue. There has not been a new refinery built in the U.S. since 1976. That gives you a good idea of how much excess capacity there was in 1976 when the economy was much smaller. It took 30 years of economic growth to absorb the excess capacity that has kept refining margins low for decades. Now refinery capacity utili­zation regularly tops 90%, and anything that in­volves downtime--from routine maintenance to nat­ural disasters--has become a market-moving event.
The prospects for new refinery capacity coming online this year, next year or the year after that are slim to none. Experts tell me that it will take ten years to bring a new refinery online, with most of that time spent simply getting all the permits.
Oil Producers
We recommended PetroKazakhstan (nyse: PKZ - news - people ) in July 2005 at $37. It promptly jumped after only a few weeks when the Chinese National Oil Corp.’s $55 offer was accepted in a fierce competition that included the Oil and Natural Gas Corp., the Indian energy company and Russian rival, Lukoil (other-otc: LUKOF - news - people ).
Special Offer: Wish you had bought Hansen Natural at $10? Oberweis Report subscribers got the buy signal in June 2004 and enjoyed Hansens` return of nearly 650%. Click here for Jim Oberweis` latest four buys in the Oberweis Report.
Many of the things we found attractive about PetroKazakjstan we also see in Chaparral (nasdaq: CHAR - news - people ). Like PetroKazakjstan, Chaparral’s oil reserves in Kazakhstan are desirable because they are outside of the volatile Middle East and close to pipelines that can carry the crude to Russia, China or India.
Drillers & Suppliers
At today’s oil prices, a lot of exhausted oil fields are economical again, but it takes a lot of work to make these old oil fields productive. We recom­mended Lufkin Industries (nasdaq: LUFK - news - people ) in De­cember because they provide the pumps (which are the “picks and shovels”) needed to turn these fields around.
Previous boom/bust cycles in the industry have left only two U.S. competitors and Lufkin in the only publicly traded one. Now that the industry cycle is on the upswing, Lufkin is perfectly positioned to make money on the sale of new units, spare parts and the servicing of its large installed base.

[H.Faber]

Chaparral Resources announces new Chief Executive Officer and temporary suspension of drilling activity
Tuesday January 24, 10:42 am ET

WHITE PLAINS, NY, Jan. 24 /PRNewswire-FirstCall/ - Chaparral Resources, Inc. (OTCBB: CHAR - News; the "Company") today announced that the Board of Directors of the Company has elected Boris S. Zilbermints, a current Director of the Company, as Chief Executive Officer of the Company to replace Simon Gill who resigned following the merger of the Company`s former majority shareholder, Nelson Resources Limited ("Nelson"), with and into Caspian Investments Resources Ltd. ("Caspian"), a wholly-owned subsidiary of LUKOIL Overseas Holding Ltd. ("Lukoil"). Mr. Zilbermints is Lukoil`s Regional Director for Kazakhstan.

ADVERTISEMENT
The Company also announced today that its operating subsidiary in Kazakhstan, JSC Karakudukmunay ("KKM"), has temporarily suspended the drilling of new wells in the Karakuduk Field. This temporary suspension is the result of the unexpected decision by Oil and Gas Drilling and Exploration of Krakow ("OGEC") not to renew its current drilling contract with KKM which had expired on December 31, 2005. OGEC is now in the process of finishing demobilizing the rig from the Karakuduk Field. The Company is using its best efforts to secure another rig to replace the OGEC rig as quickly as possible and plans to resume its drilling program as soon as a new rig can be secured. However, it is uncertain at this time when the Company will be able to resume its 2006 drilling program. The drilling campaign delay could potentially lead to lower than anticipated 2006 production levels. In the meantime, the Company will continue with its current workover operations and other field development and production activities.

Mr. Zilbermints, the Company`s CEO, stated that "The temporary suspension of drilling activities will permit KKM to conduct a detailed analysis of the geological data from its recently drilled wells and will also enable KKM`s ongoing facilities development program to keep pace with current and future productive capacity."

Chaparral Resources, Inc. is an oil and gas development and production company. The Company`s only operating asset is its participation in the development of the Karakuduk Field, in the Republic of Kazakhstan, through KKM, which is the operating company. The Company has directly and indirectly a 60% ownership interest in KKM with the other 40% ownership interest being held by Caspian which holds a majority interest in Chaparral and operates several other producing oil fields in Kazakhstan. More information is available on the Company`s web site, www.chaparralresources.com.

Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this News Release are forward- looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company`s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of oil prices, product demand, market competition, risks inherent in the Company`s international operations, imprecision of reserve estimates and Chaparral`s ability to replace and expand oil and gas reserves. These and other risks are described in the Company`s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. The Company`s reports and filings may be found on the SEC internet site www.sec.com.

Das Imperium schlägt zu, oder Lukoil reisst sich wohl demnächst den Rest unter den Nagel
Gruss Faber

[Zockempire]

Bedauerlich, aber für Lukoil als Großaktionär sollte es kein Problem sein, hier bald Ersatz zu finden...

[Vinyard]

So, ich bin raus! Mir reichts von Lukoil......

[LMeister7]

@ Faber
möglich, dass Du richtig liegst. Aber grundsätzlich hat sich nicht viel geändert. Im Q 3 wurden 35 Cent verdient. Wenn Sie in Q 4 auch nur annähernd soviel verdient haben... Darauf deutet das Zitat hin:

In the meantime, the Company will continue with its current workover operations and other field development and production activities.

Wie sich die Einstellung auf P1- und P2-Reserven auswirkt ist mir aber nicht ganz klar.
LM7

[bordighera]

Den Worten meines Vorredners kann ich mich nur anschliessen: Man sollte zunächst kühlen Kopf bewahren und überdenken, was sich denn nun tatsächlich geändert hat. Schnell wird man feststellen, das eigentlich alles beim Alten geblieben ist.

Die Besetzung der Unternehmensleitung durch einen Lukoil-Vertrauten erstaunt nicht, zumal dieser schon zuvor bei Chaparral tätig war. Und da Mr. Gill schon vor langer Zeit den Hut genommen hat, war dies zu erwarten.

Das der Vertrag seitens OGEC nicht verlängert wurde, ist zwar erst heute veröffentlicht worden, die Auswirkungen sowie die eigentliche Tatsache hingegen sind den Verantwortlichen seit Wochen bekannt. Und sie werden dafür Vorsorge getroffen haben.
Man sollte sich vielmehr Gedanken machen, ob die relativ späte Publikation in dieser Form nicht den Kurs bewusst drücken soll, denn der war seit Jahresanfang fulminant gestiegen - und liegt jetzt wieder dort, wo wir gegen Ende 2005 aufgehört haben.

Also, vielleicht erst mal eine Nacht drüber` schlafen und dann in Ruhe die definitiven Auswirkungen ausloten.
Ich muss gestehen, dass auch mich das ewige hin und her nervt, doch einzig in der Ruhe liegt hier die Kraft.

Mit bestem Gruss
(bordighera)

[Albatossa]

[posting]19.862.023 von bordighera am 24.01.06 22:31:23[/posting]http://www.ogec.krakow.pl/?mode=referencje

Wenn ich mir die Referenzliste von OGEC anschaue dann sehe ich weit und breit nichts von Lukoil! Kann es sein das Lukoil womöglich mit einer anderen Firma nach Erdöl bohrt? Und wenn Mr. Gill andere Beziehungen hat und mit OGEC nicht so konnte dann kommt sowas heraus! Und verschoben ist noch nicht einmal aufgehoben. Und mal ehrlich bei so einer Wetterlage läßt sich sowieso nicht bohren!

Wenn da nicht mal was ganz anderes dahinter steckt!

[Zockempire]

CHAR: Enters into Definitive Agreement to Merge with Lukoil
Chaparral Resources, Inc. (CHAR) announced that it has entered into a definitive agreement with LUKOIL Overseas Holding Ltd. dated March 13, 2006 to effect a merger into a wholly owned subsidiary of Lukoil. On the effective date of this merger, all issued and outstanding common stock of Chaparral will be exchanged for $5.80 per share in cash, resulting in a payment to minority shareholders of approximately $88.646 million.
The transaction is subject to the approval of a meeting of stockholders expected to be held in May 2006. At this meeting the approval of 50% of the outstanding shares will be required to vote in favour of the merger for it to become effective. Closing is subject to certain other conditions including the receipt of all regulatory approvals and consents.
The merger agreement contains customary provisions prohibiting Chaparral from soliciting any other acquisition proposals but allows the Board of Directors to recommend a superior proposal if it is required to do so to avoid breaching its fiduciary duties and upon payment of a termination fee of $2.5 million plus costs, subject to a maximum amount of $3 million.

[Zockempire]

Die Ammis starten eine Klage. Vielleicht springt doch noch mehr für uns raus.
--
Chaparral Sued Over $88.6 Mln Buyout Offer by Russia`s Lukoil
2006-03-14 16:57 (New York)
By Phil Milford
March 14 (Bloomberg) -- Chaparral Resources Inc., which
explores for oil and gas in Kazakhstan, was sued by a shareholder
who claims his stock is undervalued in an $88.6 million offer
from OAO Lukoil, Russia`s biggest oil company.
White Plains, New York-based Chaparral said yesterday that
it`s agreed to the $5.80 per-share cash takeover by Lukoil, which
currently holds about 60 percent of the stock.
``Chaparral is an extraordinarily profitable public company,
and is likely to continue to be profitable in the years to
come,`` shareholder Robert Kelly says in the lawsuit filed in
Delaware Chancery Court today. Kelly is seeking a court order to
stop the sale, as well as financial damages.
Shares of Chaparral, with $150.5 million in revenue in 2005,
have more than doubled in the past year. The company is a
unit of oil producer Nelson Resources Ltd., which was bought by
Moscow-based Lukoil in December for $2 billion.
Officials of Chaparral were not immediately available for
comment.
Chaparral shares were unchanged at $5.70 in over-the-counter
trading at 4 p.m. in New York.
The case is: Robert Kelly v. Dimitry Timoshenko, et al and
Chaparral Resources Inc., CA2001-N, Delaware Chancery Court,
Wilmington.

--Editor: Pinsley.

Story illustration: To read the complaint, see
{NSN IW4XX13PWT1D <GO>}. For a graph of Chaparral`s sales and
earnings per share, see {CHAR US <Equity> DES5 <GO>}. For a
menu of Bloomberg legal resources see {BLAW <GO>}. To read
today`s top legal news, see {TLAW <GO>}.

To contact the reporter on this story:
Phil Milford in Wilmington, Delaware, at
(1) [phone] or [e-mail]

To contact the editor responsible for this story:
Patrick Oster at [phone] or [e-mail].