Baron Oil Share Discussion Threads

[valentine] 31/8/2016 16:13

Soon as you say it someone Chuck's a 1m rock in the deep end
So much for optimism.
Maybe bought them a month or so ago when they were 'volotile'?

[flyingbull] 31/8/2016 15:42

August was a good month for the oil price. The challage is on for September!
Fancy a challenge? Which oil stocks do you think will gain or which will lose?

[the guardian] 31/8/2016 08:05

Yes, I've seen that pete but note that it says that the effects of what is happening now may not be seen for 8-10 years.

There is no doubt that the price of oil will rocket one day. I just don't think it will be within the next few years. I sincerely hope that I am wrong.

[petecb1] 30/8/2016 19:01

hxxp://www.bloomberg.com/news/articles/2016-08-29/oil-discoveries-at-a-70-year-low-signal-a-supply-shortfall-ahead

[pembury] 30/8/2016 18:42

Need to see solid progress update Peru in September no question

[nlmbidc] 30/8/2016 18:31

We have had the CPR report since March 2012 and we appear no further forward on Z34.

Need to drill XX1 and diversify - but in oil opportunities.

[petecb1] 30/8/2016 18:18

I don't believe that. Their plan to hold market share was only ever supposed to be short-ish term pain for long term gain, and the plan went wrong. Sooner or later a country over-leveraged against the price of oil will default and all hell will break loose.

[pembury] 30/8/2016 18:14

believe the main Cuy structure has lower b/e $60 i think offshore

Karoon intend to drill on neighbouring block next year in shallower water



In the meantime urgently need to see progress onshore where projects are very viable with $40- 50 oil!

[the guardian] 30/8/2016 16:56

Pity that we spent so much money on Z34 seismic without having a decent partner. I know the logic was to indicate the possibility of oil reserves and then attract an experienced and capable farmin partner but it didn't work. Instead, we have a non oil company who gave us very little for an 80% share and to date, appear to have done very little to earn that massive share.

Having said that, it would be uneconomical for anyone to drill with the price of oil where it is. In all honesty, I can't see oil getting above $80 for many years to come. In fact, with the Arab ideology of maintaining market share, we may never see high prices again which means that Z34 may never be viable.

[pembury] 30/8/2016 15:29

30yr license so probably

[pembury] 30/8/2016 15:18

We now know why they called it Zzzzzzzzzzzzzzzzzzzzzz-34!

[nlmbidc] 30/8/2016 12:05

Or drill XX1 and Z34 as per the original plan.......

[the guardian] 29/8/2016 19:35

Lithium would be better. Set your own price because it isn't on the commodities market and there is a shortage.

[alasdair100new] 29/8/2016 17:04

Diversify... Get the bod to buy into seriux minerals. Potash is going to go crazy

[nlmbidc] 26/8/2016 12:24

One producing asset could change everything very quickly. Could come at any time.

[valentine] 26/8/2016 11:26

I am quite fed up with the 'dream' here. I put far too much in after the appointment of Rudolph Berends.
I could.dp with that money now to put into my other longterm favourite as they are doing what they say and will tell us by mid-sept.
It has been a long garden path with more than a few dubious happening in the potting shed if not a few nasties under the flower bed along the way.
If we are continuing in Peru we need a spanish speaking apointee with the same gusto Rudolph had.. simple as that.

[nlmbidc] 26/8/2016 10:22

If the company announce a stonking new deal there may be a few that want 10-20 million shares.

[pembury] 26/8/2016 09:49

If someone could kindly purchase 10-20m shares to get things rolling that would
be appreciated

[pembury] 25/8/2016 21:31

talk about timing........again

[alasdair100new] 25/8/2016 20:48

Looks like a better time to be in Columbia... For some people anyway

[pembury] 25/8/2016 08:20

LOOKING FOR SOME SERIOUS NEWS FLOW FOR THE REMAINDER OF 2016, SURE THE BOD ARE WORKING HARD TO PROVIDE THIS!