Wednesday, April 30, 2008

1602

Dragon Oil Updates Lam Drilling and Operations

Tuesday, April 29, 2008

Dragon Oil has confirmed that the development well Dzheitune (Lam) 22/126 is yielding at a rate of 1,602 barrels of oil per day on the short string and a rate of 1,193 bopd on the long string. Dragon Oil has also restored the production flow from the well Dzheitune (Lam) 28/120.

Hussain M. Sultan, Chairman and CEO of Dragon Oil, commented: 'I am pleased to announce the successful completion and initial testing of the Dzheitune (Lam) 22/126 development well, drilled from the Dzheitune (Lam) 22 platform. The results from the well are in line with our forecasted production rates. This is the second well completed by the platform-based drilling rig, the CIS-1, and we now have a greater understanding of the rig's capabilities.

NOTE: OIL IS VERY IMPORTANT IN OUR SOCIETY.

Dragon Oil has also managed to overcome the difficulties posed by the unusually cold weather in Turkmenistan this winter and has restored the flow from the well Dzheitune (Lam) 28/120. This is an important well for Dragon Oil, situated as it is in the Dzheitune (Lam) West structure, and we will continue to monitor the production from the well closely.'

Initial testing of the well 22/126, which was drilled to a depth of 4,307 metres, has been completed successfully with a dual completion. The short string tested at a rate of 1,602 bopd on a 20/64ths choke whilst the long string tested 1,193 bopd on a 12/64ths choke. The CIS-1 drilling rig is currently skidding to well Dzheitune (Lam) 22/128 and will commence drilling shortly.

The Iran Khazar jack-up drilling rig is drilling a development well, Dzheitune (Lam) A/127, and to date has reached a depth of 3,278 metres (with a target depth of 4,164 metres). The Iran Khazar rig is expected to complete the well during June 2008.

Dragon Oil has restored the production flow from the well Dzheitune (Lam) 28/120 which had been shut-in since early March as a result of technical problems arising from the extreme weather conditions in Turkmenistan. The well had been shut-in while Dragon Oil personnel assessed the impact of the cold weather on the production of the crude oil from this well.

The well has now been restored to full production after the installation of a new coflex alternate pipeline from the Dzheitune (Lam) 28 platform whilst work is on-going to improve the flow through the existing infield pipeline.

NOTE: MORE OIL MEANS MORE DEVELOPMENT FOR A COMMUNITY.

Dragon Oil Plc is an innovative international oil and gas development and production company with its principal producing asset being in the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan and recently acquired interests in Blocks 35, 49 and R2 (10%) in the Republic of Yemen.
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Tuesday, April 29, 2008

MEDIAVAL STUDIES CONFERENCE REVISITS THE CRUSADE

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HomeCampus ResourcesPublic AffairsInside FordhamApril 21, 2008NewsMedieval Studies Conference Revisits the Crusades


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Medieval Studies Conference Revisits the Crusades










Medieval Studies Conference Revisits the Crusades
Lorraine K. Stock, Ph.D., of the University of Houston, speaks to students during the 28th Annual Conference of the Center for Medieval Studies.
Photo by Ryan Brenizer
By Dean Starkman

Was Saladin a merciless savage or a just and wise ruler? Was Richard the Lionheart noble? Demented? Gay?

It depends on which movie you're watching, according to Lorraine K. Stock, Ph.D., a University of Houston professor of medieval literature who spoke recently at a gathering of medievalist scholars at Fordham's Lincoln Center campus.

Stock's lively and provocative talk on Hollywood's view of the Crusades was a highlight of "Remembering the Crusades: Myth, Image and Identity," the 28th Annual Conference of the Center for Medieval Studies.

NOTE: MEDIEVAL STUDIES AFFECTS THE PRESENT STOCKS.

The conference that ran from March 28 to 29 attracted an international array of medievalists who gave presentations on topics ranging from the recondite—a discussion of the meaning and significance of "voussoirs," the distinctive stone arches in certain medieval French cathedrals—to issues touching on current events, including a talk on arguments among Sunni and Shi'a historians over the memory of Saladin, the great 12th century Muslim military leader.

Organized by the center's director, Maryanne Kowaleski, Ph.D., the conference featured some of the world's leading medieval scholars, including Jonathan Riley-Smith, Ph.D., of the University of Cambridge, who spoke on "Aspects of Hospitaller and Templar Memory," about the famed military and religious order.

Theresa M. Vann, Ph.D., of Hill Museum and Manuscript Library, gave a talk titled, "Our Father Has Won a Great Victory: Dispatches from the Battlefield of Las Navas de Tolosa," a key 13th century battle between Muslims and Christians in Spain.

NOTE: CONFLICTS AFFECTS HISTORY AND STOCK MARKET.

Iain Macleod Higgins, Ph.D., of the University of Victoria, gave a talk titled "Crusading against the Anglo-Saracens: Richard Holland's 'Buke of the Howlat' (c. 1450)," a poem by the 15th century Scottish author.

But Stock's talk certainly was among the most entertaining. Titled "And Now Starring in the Third Crusade: Depictions of Richard I and Saladin in Films and Television Series," it was interspersed with clips of films depicting the crusades, most recreating the dramatic rivalry between Richard and Saladin. Stock described how 20th century filmmakers and other dramatists viewed the 12th century holy war through the prism of their own times. While the productions occasionally included historically accurate details, Stock said they reveal far more about the periods in which they were made than about the crusades.

"American, British and international filmmakers often reinterpret the medieval crusades as distant mirrors, using [historian and author] Barbara Tuchman's term, of not only medieval history and myth," Stock said, "but more importantly, contemporary political events and especially wars, current or just previous to the production of the film or TV series, as well as 20th century issues of sexuality and gender construction."

The speculation about Richard's sexuality, for instance, was prompted by the 1922 film Robin Hood, starring Douglas Fairbanks in the title role. It ends with Richard banging on wedding-chamber door of Robin Hood and Maid Marian, "trying to keep them from doing, whatever," Stock wryly noted, to laughter in the lecture hall.

The 1935 classic, The Crusades, directed by Cecil B. DeMille, reflected America's isolationist mood during the period and included repeated references to the word "peace." By contrast, the 1954 epic, King Richard and the Crusades, starring a brown-faced Rex Harrison as Saladin, was among the mid-20th century films that recalled the recently ended world war, she said.

Crusade-based films continued to hue closely to contemporaneous perspectives almost to this day. Saladin, for instance, a 1963 film by Egyptian director Youssef Chahine, shows the holy wars entirely from the Muslim perspective, offering a "wonderful antidote" to the earlier Western-centric depictions, Stock said.

Meanwhile, the dark and brooding Robin and Marian (1976) starring Sean Connery and featuring Richard Harris as a demented King Richard, reflected the post-Vietnam mood of the United States and its dim view of that war's military leaders.

NOTE: THIS IS A HEART WARMING STORY ABOUT MILITARY LEADERS.

Particularly striking about Stock's talk was the sheer volume of dramatic depictions of the Crusades, nearly 20 major films in all. Her favorite? Ridley Scott's Kingdom of Heaven (2005) for its balanced portrayal of Saladin. She recommends the director's cut.

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Monday, April 21, 2008

stock market

Stock Market: The Business of Investing
Investing in stocks is big business...and big money. Transcript of radio broadcast:
20 April 2008


I'm Phil Murray with Words and Their Stories, a program in Special English on the Voice of America. Today we tell about some American expressions that are commonly used in business.

Note: Phil Murray is a well respected journalist, who will discover for us the realities of the stock market...


"This noisy place is a stock exchange. Here expert salespeople called brokers buy and sell shares of companies. The shares are known as stocks. People who own stock in a company, own part of that company."

People pay brokers to buy and sell stocks for them. If a company earns money, its stock increases in value. If the company does not earn money, the stock decreases in value.

Note: It is good when the prices go up and down. It gives good potential on the investment.

Brokers and investors carefully watch for any changes on the Big Board. That is the name given to a list of stocks sold on the New York Stock Exchange.

The first written use of the word with that meaning was in a newspaper in Illinois in eighteen thirty-seven. It said: "The sales on the board were one thousand seven hundred dollars in American gold."

Investors and brokers watch the Big Board to see if the stock market is a bull market or a bear market. In a bear market, prices go down. In a bull market, prices go up.

Investors in a bear market promise to sell a stock in the future at a set price. But the investor does not own the stock yet. He or she waits to buy it when the price drops.

The meaning of a bear market is thought to come from an old story about a man who sold the skin of a bear before he caught the bear. An English dictionary of the sixteen hundreds said, "To sell a bear is to sell what one has not."

Note: Terms are really quite weird but easy to comprehend.

Word experts dispute the beginnings of the word bull in the stock market. But some say it came from the long connection of the two animals -- bulls and bears -- in sports that were popular years ago in England.

Investors are always concerned about the possibility of a company failing. In the modern world, a company that does not earn enough profit is said to go belly up. A company that goes belly up dies like a fish. Fish turn over on their backs when they die. So they are stomach, or belly, up.

Note: It is important to know these terminologies so as to be competitive in the stock market.

Stock market investors do not want that to happen to a company. They want a company whose stock they own to earn more profit than expected. This would sharply increase the value of the stock. Investors are hoping for a windfall.

The word windfall comes from England of centuries ago. There, poor people were banned from cutting trees in forests owned by rich land owners. But, if the wind blew down a tree, a poor person could take the wood for fuel. So a windfall is something wonderful that happens unexpectedly.

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