Andalas Energy And Power Share Discussion Threads

[seans66] 14/3/2017 09:10

Does anyone know if there is a ADL twitter group?

[yorgi] 13/3/2017 16:27

Buyers took advantage of that dip and now moving back up again :-)

[yorgi] 10/3/2017 15:37

Rising very strongly now :-)

[yorgi] 10/3/2017 15:15

Buying picked up and moved the share price on :-)

[yorgi] 08/3/2017 10:02

I agree with all that Jammytass :-)

Buyers appearing on that dip !

[jammytass] 06/3/2017 20:54

partnership with pertamina will be a big lift to other outside investorS coming to the Indonesia when the appoval is granted!!! if no approvel it would show to the world the gov are not interested in outside investment That will not be the case LARGE UPSIDE IN THIS

[yorgi] 06/3/2017 14:42

Now back up to all square, handy little dip this morning :-)

[yorgi] 06/3/2017 14:39

It has now and buyers having to pay over .14p now.

[yorgi] 06/3/2017 14:20

Buyers paying the full offer again so it looks like another move up :-)

[yorgi] 06/3/2017 11:10

Approval would I'm quite sure be a considerable boost to the share price

It is hard to believe that we won't get approval as well bearing in mind all the other factors we know about.

[billyboychrisd] 06/3/2017 09:24

Couldn't agree more, well said. Partnership with pertamina bodes VERY well for the outcome of this decision. Helps me sleep soundly at night.

[h2owater] 04/3/2017 15:50

Just need the approval. Imminent!


“Once we do it once, the ability to duplicate this strategy is profound. And every time we do that the service industry has to work over the wells…the construction industry has to build the facilities, we have the power industry, so the spin off effect of this has got huge potential. It’s sort of like the first multi-frack well in the US…they started it and then where did that go?” he added.

[h2owater] 04/3/2017 15:48

16 Sep 2016

Andalas Energy and Power plc’s recently announced partnership with Pertamina could result in a huge employment spin-off in Indonesia, suggests Andalas CEO David Whitby.

“The partnership with Pertamina is focusing on monetizing smaller gas fields and Indonesia is the place that has an abundance of these gas fields,” Whitby told Rigzone.

“Once we do it once, the ability to duplicate this strategy is profound. And every time we do that the service industry has to work over the wells…the construction industry has to build the facilities, we have the power industry, so the spin off effect of this has got huge potential. It’s sort of like the first multi-frack well in the US…they started it and then where did that go?” he added.

Andalas Energy announced September 1 that it had signed an agreement with state-owned PT Pertamina to establish a joint working and steering committee to fast-track the commercialization of marginal gas fields within the latter’s acreage in Indonesia.

The agreement will utilize Andalas’ expertise and Pertamina’s local knowledge to make a significant contribution at the local level towards fulfilling the government’s goal of reducing the country’s power shortfall. Indonesia seeks to increase electricity generation capacity by 35,000 megawatts (MW) by 2019.

Both firms will initially focus on identifying at least 5 stranded gas fields within Pertamina’s acreage in Riau, Jambi and South Sumatra provinces which are suitable for sub-100 MW gas-to-power development in the form of an independent power project (IPP). Andalas has identified all target areas that have an abundance of stranded gas fields, with all field and IPP development plans to be based on modular/mobile power plants.

When the fields have been identified, both firms will sign an exclusive joint development agreement (JDA) to design, construct, fund and operate the IPPs. Suitable partners may be invited to join the 2 companies in the JDA for each development.

[yorgi] 02/3/2017 11:53

The dips are bringing in more buyers :-)

[jammytass] 02/3/2017 11:01

Boom watch this go

[scyther] 02/3/2017 10:51

Placing within 2weeks

[yorgi] 02/3/2017 10:41

Full offer being paid again.......so another tick up coming by the looks of it.

[yorgi] 02/3/2017 10:18

Above all else the business case makes perfect sense, well it does to me :-)

[yorgi] 02/3/2017 10:08

Thank you Keya yes what that man does with the support of his trolls is quite disgraceful.

It was quite clear that the start here had gone badly and that is unquestionable but the quality of the BOD and the fact that they could secure a deal with Pertamina spoke volumes.

[keya5000] 02/3/2017 10:03

yorgi, well done for sticking at this in the light of the structured campaign by shareprophets to ruin this company.

[yorgi] 02/3/2017 10:00

It looks like investors are catching on at last :-)

[jammytass] 02/3/2017 09:57

Looks like a news is coming very soon

[yorgi] 02/3/2017 09:32

Buyers still want in :-)