Ceb Resources Share Discussion Threads

[dlg3] 25/10/2015 22:23

everybody needs to read before they post..

[dlg3] 25/10/2015 22:21

tony dont think it will be weeks!!!! the RNS says RNS tomorrow at 7am...do not be late!!!!! it is the 26th October tomorrow...

CEB Resources plc, the AIM listed investing company, announces that it has requested its shares be temporarily suspended from trading on AIM pending the publication of an announcement at 7:00 a.m. on 26 October 2015 providing an update on the Company's ongoing business and potential investments.

[nesty1760] 25/10/2015 22:20

I suppose the longer it's in suspension means more positive thing (they putting a deal together etc)?

[therealtonythetiger] 25/10/2015 21:56

Yep and it could be in suspension for a few weeks..

[nesty1760] 25/10/2015 21:20

Not long till we find out what the situation is on Monday morning.
This weekend has seemed long!

[tidy 2] 25/10/2015 21:06

Correction 3500 to 16,400 bopd in 18 months.Dave Whitbu was Managing Director Gulf (Australia) Resources Ltd increasing production from 3,500 to 16,400 boed within 18 months.

[tidy 2] 25/10/2015 21:06

LSE 500 to 16,400 bopd in 18 months.Dave Whitbu was Managing Director Gulf (Australia) Resources Ltd increasing production from 3,500 to 16,400 boed within 18 months.

[tidy 2] 25/10/2015 15:46

DW Podcast 329http://www.sharepickers.com/dreams-vs-reality/ENJOY

[nesty1760] 25/10/2015 15:00

I hope we get some cracking news on Monday. I could do with a change of luck. AIM been a damp squid. 2.5p would give me some cracking paper profit!

[tidy 2] 25/10/2015 14:58

Future not further.

[gf123] 25/10/2015 13:38

Been in Ceb for gd few months now and believe in DW and the team he has put together. Seeing a lot of comments here on other sites and twitter around the rns Monday just being a statement and confirmation of what was in the podcast. Even if that is the case then so what it's still good news and just further confirmation of what is to come in my opinion. Stick with DW and his team and you won't be disappointed.

[tidy 2] 25/10/2015 11:51

I think it's case of the further potential the deal would hold and

[nesty1760] 25/10/2015 11:22

All depends on what deal we first get. Though if it'Pertamina' deal then agree be a re rate.

That's for sure!

[dlg3] 25/10/2015 11:21

Rounding out the senior team, Slamet joins Didiek Sumasdi (Vice President of Geoscience) and Greg Mawhinney (Vice President of Operations), two highly experienced oil and gas professionals with direct experience in Indonesia’s energy industry. All three appointments are in line with CEB’s strategy to acquire and develop oil and gas projects in Indonesia.

Mr. Slamet has specific expertise in building and managing strong relationships between multinational companies and the Indonesian Government. In his most recent position as Vice President Corporate Services for PT. Nations Petroleum, Mr. Slamet advised and assisted top management in its relationship with senior Government officials and entities, including the Governor and Vice Governor of the province of Aceh, the Directorate General of Migas, Indonesia’s upstream petroleum regulator, and PT Pertamina EP, the national oil company. Between February 2007 and March 2010, Mr. Slamet was Senior Manager of Supply Chain Management for Nations Petroleum (Rombebai) BV where he managed procurement contracts worth over US$40 million to support seismic as well as drilling operations in the Rombebai block, Papua. Prior to this, he was Executive Director of PT. Rhio Chendhe Karya (RCK), a distributor of petrochemical products from PT Pertamina’s refinery in Cilacap, Central Java, and was also Jakarta Facility and Logistics Manager for Chevron Indonesia Company.

Didiek Sumasdi was previously Senior Manager, Exploration and Exploitation Onshore for ConocoPhillips Indonesia, where he was responsible for onshore exploration and production subsurface activities. He managed five exploration and producing onshore blocks and oversaw the drilling of a multiple well development and exploration drilling programme.

Greg Mawhinney has a strong operations background with considerable expertise in key aspects of the upstream side of the petroleum industry. During an extensive career with international oil and gas operators, he has successfully led operations of various sizes and complexity both onshore and offshore, conventional and non-conventional, with capital budgets in excess of US$100 million per annum and operating budgets approaching US$400 million per annum: as Field Manager of the Buzzard Field in the North Sea for Nexen he was responsible for a 200,000 bopd production asset; as Operations Manager with Encana in Ecuador, he oversaw a 65,000bopd field; and as Country Manager with Nexen in Yemen, he managed the 200,000bopd Masila Block 14 in the Hadhramawt Province in eastern Yemen.

Managing Director of CEB, Mr David Whitby, said “I am delighted that Slamet has joined the team. As a seasoned negotiator from his background in logistics management, Muhamad has an Oxford Don’s understanding of the intricacies of execution in the Indonesian oil patch and is an accomplished deal closer. He will lead the implementation of the asset acquisition strategy assisted by Didiek Sumasdi and Greg Mawhinney. Muhamad is well thought of at all levels in the oil and gas industry in Indonesia as a man of great honour and integrity and we have been keenly waiting for him to complete his other executive duties and join our core team of industry professionals, which has over 250 years of combined experience in 35 countries worldwide. Importantly, the team has in excess of half a century of experience in the Indonesian oil and gas sector and consequently has an enviable in-country network, which provides the Company with a competitive advantage as we look to secure our first assets in Indonesia.”

[dlg3] 25/10/2015 11:10

CEB Resources has agreed with PT Akar Golindo (PTAG) to assess the technical and commercial prospects for gas production in Indonesia creating a beach head into the the country’s gas and power markets

PERTAMINA-PT AKAR GOLINDO

[dlg3] 25/10/2015 11:03

CEB Resources announces appointment of Country Manager for IndonesiaOilVoicePrior to this, he was Executive Director of PT. Rhio Chendhe Karya (RCK), a distributor of petrochemical products from PT Pertamina’s refinery in Cilacap, Central Java, and was also Jakarta Facility and Logistics Manager for Chevron Indonesia Company.

[tidy 2] 25/10/2015 11:03

Dig. Look at the longer term chart I think 8-10p could be on. Pertamina is a 70.9bn $ company. Getting in with these at just a small percentage is hugely transformational. Who knows how high is possibly from there. A £200m cap puts CEB's share price at circa 27/28p. DW is aiming for mid tier and as he states he is 61yrs of ages he is not talking years he is talking days, weeks and months.

[dlg3] 25/10/2015 10:49

Do we smell gas????? someone had a sniff of something on Friday!!!!

[dlg3] 25/10/2015 10:43

Any deal with Pertamina and this is straight to 5p do not pass go, but do collect 500% profit... and nobody going to jail...

[dlg3] 25/10/2015 10:40

2.5p looking like a good first target price.....this could turn into a frenzy when news arrives..... good luck!!!!

[dlg3] 25/10/2015 10:37

Any one just looking in check the photos for all the clusies!!!!!!

[dlg3] 25/10/2015 10:33

orslega 25 Oct'15 - 09:12 - 14943 of 14947 0 0

talking of CEB, see the blog has been updated for latest chat with DW at CEB....well worth a listen.....didn't RC say that CEB was going to make NCT shareholders a ton of money...imo sounds like first deals are v close - hence the suspension of CEB on Friday

[dlg3] 25/10/2015 08:27

this one..

[dlg3] 25/10/2015 08:25

Tidy2 there is a huge sign with it written on, in one of the photos, with this logo..

July 2015: VP of Geoscience, Didiek Sumasdi (right) and VP of Operations, Gregor Mawhinney (left) outside the Pertamina’s Jambi facility in Sumatra.

[tidy 2] 24/10/2015 23:01

LSE The Holy Grail?From the photos on CEB's website (and recently on Twitter)... the Indonesian staff were wearing overalls with Pertamina logos... from Wikipedia:The firm is currently (2013) the second-largest crude oil producer in Indonesia behind the US-based Chevron Pacific Indonesia.[3] In 2013 for the first time, Pertamina ranked no. 122 in the Fortune Global 500 list of companies with revenues totalling to $70.9 billion[4] , Pertamina is also the sole Indonesian company to be featured in the list.I see why DW was saying this is a bit overwhelming!