Newsgroup: it.economia.borsa.estero
Titolo: IVAN +7,22%

IVAN
e vaiiiiiiii !
Enri

 Enri
Ivanhoe Energy to increase worldwide activities
PR Newswire, Tuesday, August 12, 2003 at 09:31
BAKERSFIELD, CA, Aug. 12 /PRNewswire-FirstCall/ - Ivanhoe Energy
(NASDAQ:IVAN and TSX:IE) in an operational update issued today highlighted
development drilling results from its oil field at South Midway, plans to
drill additional wells in the San Joaquin Basin in California and new
operations in East Texas. The company also indicated further advancements to
the Ivanhoe/CITIC worldwide strategic alliance and plans to initiate
drilling
activities in China. Additionally, the company intends to commence
discussions
relating to a proposed GTL facility in Egypt.
"Over the past several months, the management team has been working to
move further along on several projects under our stated growth strategies.
These efforts are resulting in specific activities that should bring
positive
results to the company," said David Martin, Ivanhoe's Chairman.
California:
In the South Midway Field located in Kern County, California, an active
drilling program is underway to extend the field to the south. To date,
under
this expansion plan, nine wells have been drilled and an additional eight
wells are expected to be drilled before the end of August. The average oil
sand thickness has been better than expected, indicating that continued
expansion is warranted. These are shallow, heavy crude oil wells and
steaming
operations to increase production volumes are underway. This development
phase
could more than double Ivanhoe's current daily production volumes from the
field and ultimately add approximately 30 new wells to the field in 2003.
Depending on results from this drilling program, subsequent phases of
development could result in up to 40 additional wells being drilled in 2004.
Current production is averaging approximately 500 barrels per day and
Ivanhoe
has secured an acreage position covering the entire planned expansion area.
Ivanhoe is the operator with a 100% working interest and a 93% net revenue
interest.
Ivanhoe also intends to initiate additional drilling operations elsewhere
in the San Joaquin Basin. The company has defined several exploration and
development targets at depths ranging from 2000 feet to 12,500 feet, beneath
or nearby existing producing fields in the basin. Depending on equity
partners' negotiations and additional funding, drilling should begin in the
next few months.
Heavy Oil Upgrading:
In June, Ivanhoe signed a contract with Ensyn Petroleum International to
test its Rapid Thermal Processing (RPT(TM) technology to upgrade the quality
of heavy oil by producing lighter, more valuable crude oil. Ensyn's plant is
currently under construction and the test, utilizing oil produced by Ivanhoe
in the South Midway field, is scheduled to be complete before the end of the
year. Depending on the degree of success, the process may enable Ivanhoe to
lower operating costs and increase the value of its South Midway crude oil.
The contract with Ensyn also gives Ivanhoe exclusive rights to apply this
technology in two foreign countries where large heavy oil fields have been
discovered but only partially developed.
Texas:
Ivanhoe resumed exploration activities in its 61,500-acre holdings in
East Texas. In early 2003, the company reached an agreement with Perryman
Exploration to further test the potential for natural gas production from
new
zones in two wells drilled last year on the Creslenn Ranch Prospect in
Henderson County. The reactivated Creslenn Ranch No. 2 well has been
completed
in a new gas zone and production testing to pipeline sales should commence
soon. Completion operations in the Creslenn Ranch No. 1 well are scheduled
to
begin in September. Ivanhoe has a 30% carried interest in the testing of
these
two wells and a 50% working interest in the remaining acreage position.
China:
Approval of the Overall Development Program for Ivanhoe's Dagang Oil
Development Project (ODP) by the Central Government was received in the
second
quarter 2003. Ivanhoe, through its wholly-owned subsidiary Sunwing Energy,
is
currently finalizing drilling and other service contracts in order to begin
drilling operations by the end of September. Discussions are currently
underway with banking interests to provide additional development funding
for
this project. Once fully developed, production volumes are expected to reach
a
peak of 14,000 barrels per day. Current production volumes from the Dagang
oil
field range between 400 and 500 barrels per day from the pilot area wells.
The
company sells its oil for US dollars to PetroChina at world market prices.
At the Zitong project in the Sichuan Basin, Ivanhoe is continuing seismic
reprocessing activities as part of the first three-year exploration period.
These activities and commencement of a new geophysical survey will continue
throughout 2003 prior to a drilling program that is expected to begin in
2004.
The Zitong Block covers approximately 900,000 acres in the western portion
of
the Sichuan Basin. Previous drilling and seismic surveys indicated gross
natural gas resource potential of five trillion cubic feet or more. The
Sichuan Basin, located in central China and approximately 930 miles
southwest
of Beijing, is the country's largest gas-producing region with a natural gas
resource potential estimated by Chinese officials of 260 trillion cubic
feet.
Gas-to-Liquids:
Ivanhoe has agreed with Syntroleum to cooperate more closely on the
identification and development of GTL project opportunities. The agreement
removes all the geographic and certain product restrictions that were part
of
Ivanhoe's Master License Agreement. This has opened the potential for GTL
opportunities in China and elsewhere under the worldwide strategic alliance
with CITIC.
Recently, Ivanhoe has been invited by Egyptian authorities to return to
Cairo to continue commercial discussions relating to a proposed GTL facility
in Egypt. The company has been in discussions over the past three years with
Egyptian authorities on GTL facilities ranging up to 90,000 barrels-per-day.
Current discussions are related to a 45,000 barrel-per-day facility that
would
be located at El Hamra along the coast of the Mediterranean Sea, west of
Alexandria. The feasibility studies that the company has undertaken
contemplate the natural gas feedstock being purchased, rather than
developed.
The company plans to commence these discussions in September.
Ivanhoe is also pursuing other new opportunities to obtain rights to
stranded natural gas reserves for GTL projects. In July 2003, we signed an
agreement with Repsol-YPF Bolivia S.A. and Syntroleum to join a study to
build
a 90,000-barrel-per-day GTL plant in Bolivia. Upon determination that the
project is economically feasible and meets financing requirements, the three
parties will enter into discussions regarding a joint-venture agreement.
Ivanhoe Energy's mission is to create value for its shareholders and host
countries, initially by focusing on: (1) production of cleaner burning fuels
from natural gas, using proven gas-to-liquids (GTL) technology; (2)
conventional exploration and production (E&amp;P), primarily natural gas in
the
U.S.; and (3) enhanced oil recovery (EOR) and natural gas projects, on a
production-sharing basis with national petroleum companies.
Ivanhoe Energy trades on the NASDAQ SmallCap market with the ticker
symbol IVAN and on the Toronto Stock Exchange with the symbol IE.
FORWARD-LOOKING STATEMENTS: This document includes forward-looking
statements as well as historical information. Forward-looking statements
include, but are not limited to, the continued advancement of Ivanhoe
Energy's
oil and gas drilling programs. When used in this document, the words
"anticipate," "believe," "estimate," "expect," "intent," "may," "project,"
"plan" "should," and similar expressions are intended to be among the
statements that identify forward-looking statements. Although Ivanhoe Energy
believes that their expectations reflected in these forward-looking
statements
are reasonable, such statements involve risks and uncertainties and no
assurance can be given that actual results will be consistent with these
forward-looking statements. Important factors that could cause actual
results
to differ from these forward-looking statements include the potential that
Ivanhoe's oil and gas drilling will experience technological and mechanical
problems, fluctuations in oil and gas prices, the ability to implement
corporate strategies, the ability to obtain financing and other risks
disclosed in our Annual Report on Form 10-K filed with the U.S. Securities
and
Exchange Commission.
SOURCE Ivanhoe Energy Inc.
    -0-              08/12/2003
    /CONTACT: John MacDonald, Vice President, Investor
Relations, Ivanhoe Energy, 
(281) 565-7486
;
To request a free copy of this organization's annual report, please go to
http://www.newswire.ca
and click on reports@cnw./
    (IE. IVAN)
CO: Ivanhoe Energy Inc.
ST: California
IN: OIL
SU:
    -30-
EB
-- TO022 --
8384 08/12/2003 09:31 EDT
http://www.prnewswire.com
Companies or Securities discussed in this article:
      Symbol Name
      NASDAQ:IVAN Ivanhoe Energy, Inc.

bravo, un altro colpo!!

 Enri
Buon colpo ENRI!!
Al di là delle news a me sembrava di vedere un grafico 
a piccola tazza con manico a 3 gg,
mi correggi se erro nell'intepretazione del grafico?
CMQ Ci sono anche io!!
2K 0,96
Ciao!
-- 
Posted via Mailgate.ORG Server - 
http://www.Mailgate.ORG

 bravo, un altro colpo!!
mah non penso che siano partite ancora, e' giusto una fiammata,
che dici?
Enrico

 mi correggi se erro nell'intepretazione del grafico?
controllo
.ORG Server - 
http://www.Mailgate.ORG


E' con i fiocchi pure, sopra 1.07/1.08 c'e' il volo !
A te le proiezioni al rialzo,
Enri

 A te le proiezioni al rialzo,
MMMmmm non sono in grado di vederle!!
Son ancora un pò niubbo sui target
Ad occhio però non mi pare molto alto
1,20???

"SuperZa :: Hx2CA" <zay(nospm)o...@ioELLE.it> ha scritto nel messaggio
news:Gpa_a.42724$an6.1...@news1.tin.it...

si il primo e' quell'area
il 2° e dalla neckline ai minimi della tazza, proiettati all'insu'
enrico