|yesterday 08:19||celeritas||Should be a clear out today, production is set to climb now, suitors are circling. Even GKP is climbing on the back of Kurd developments. read more...|
|1 hour ago||chris cat||I don't know if I am being cynical on hoping for the best here but from my experience whenever senior people change hands they use their first set of accounts / reports to get out as much bad news as possible as they can blame the previous management. They are then rewarded on the performance of the company going forward. This may well be a clear the decks type announcement to give the new... read more...|
|1 hour ago||davius||Off? Off the bottom? Heading off into the sunet? Or off like 10 day old milk? read more...|
|2 hours ago||molatovkid||
Reasons to be cheerful:
At the Interims (6 mnths): Ebok 29,300 bopd today (9 mnths) 27,277 bopd (gross production)
At the Interims (6 mnths): Okoro 16,720 bopd today (9 mnths) 16,184 bopd (gross production)
Net Production: 31,377 today - interims 33,488 bopd.
So pretty stable but then yesterday we learnt that:
Ebok: 3 new wells planned. 1 tested at up to 5000 bopd (is this in the above... read more...|
|yesterday 22:17||prmoldoaks||Amazing how Afren does not choose to release POSITIVE RNS when they have a chance????? They really need to take every opportunity going forward, GKP release an RNS if a director Fart's !!!!!!
Panoro and Joint Venture partners Make Final Investment Decision on the OML 113 licence (Aje field) in Nigeria
Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce... read more...|
|yesterday 21:54||cumnor||Production for year will average out fine but more importantly £100ml profit after tax-how many E&P companies do this? Doesn't take a lot of extra production (within forecast over next 3 years) to see profits $400ml if oil stays as it is or increases. This, with some drawing in of capex, should see very healthy divis. Not bad for a company if things go as they should, for an £800ml company. LT... read more...|
Tides turning!!!!!! Blue finish on the cards. read more...|
|Mon 08:23||volvo||Yes Salamander has got 2 suitors fighting over it, with others watching.
Good oil companies have taken unrealistic share price falls.........the oil remains in the ground, and it will be realised at some point.
That's why Afren is currently up for grabs, the vultures are circling right now
|29 minutes ago||goofy1||SAPETRO have been quite diligent re announcing their % holdings. There has been substantial trade since their last notification on 16/10, so they could have bought quite a few more. No increase in their holding notified as yet. Could a second buyer be in operation ?? read more...|
|59 minutes ago||molatovkid||good point chris....long term investing might work with Buffett favoured blue chips in dominant market positions like a coca cola that just grow and grow for example, but for the rest.....knowing when to get out is as important as knowing when to get in read more...|