Gasol Share Discussion Threads

[moreforus] 22/8/2011 10:44

In Africa, Petrofac is examining projects with Nigerian National Petroleum Corp. and possible bids for fields being sold by Royal Dutch Shell Plc (RDSA), outside of its partnership with Seven Energy International Ltd. The nation will offer opportunities because it needs to invest in refinery upgrades and end gas flaring at oilfields, Asfari said.

[moreforus] 22/8/2011 10:42

Petrofac to Expand in Africa, Asia to Double Earnings

Petrofac Ltd. (PFC), the oilfield service provider planning to double earnings by 2015, is betting expansion in West Africa and Southeast Asia will deliver growth.
The company plans to secure contracts in Thailand, Indonesia, Malaysia and Nigeria, said Chief Executive Officer Ayman Asfari. It will invest as much as $4 billion through 2015 and will bid for more projects in Mexico after winning two fields last week, the first foreign-investor deals in the nation since 1938.
Demand for oilfield upgrades to improve extraction rates will be a major driver of growth, Asfari said in an interview in London. "The demand for the services continues to be quite robust."
The London-based company targets 15 percent growth in net income this year. First-half earnings rose 6.6 percent to $246.3 million after revenue increased 25 percent to $2.7 billion, it said today in a statement.
In Africa, Petrofac is examining projects with Nigerian National Petroleum Corp. and possible bids for fields being sold by Royal Dutch Shell Plc (RDSA), outside of its partnership with Seven Energy International Ltd. The nation will offer opportunities because it needs to invest in refinery upgrades and end gas flaring at oilfields, Asfari said.
"I'm quite bullish on the country," he said. "There are huge opportunities."
Petrofac shares rose as much as 5.1 percent in London trading and were up 4.7 percent at 1,223 pence at 9:02 a.m. local time.
To contact the reporters on this story: Eduard Gismatullin in London at [e-mail]; Francine Lacqua in London at [e-mail].

[biggerthus] 19/8/2011 16:38

probably reviewing strategy c3jns ....

[gavapentin] 19/8/2011 16:31

wonder where all the rampers have gone now!!

[c3jns] 19/8/2011 16:21

If we can get buyers around these levels we are in serious trouble....
Where's the directors for instance?

[biggerthus] 11/8/2011 16:31

Hands up who kicked the dog !

[moreforus] 09/8/2011 10:06

i even had a blue yesterday...

buy gold stocks as they fall..at some point fundies always out cf tech bubble..

[biggerthus] 08/8/2011 22:55

That makes 2 of us... except, hang on - cheers TRP !

[robo15] 08/8/2011 21:53

Great the only share I own which isn't red.

[robo15] 02/8/2011 10:19

Are these suspendeda!!

[daicaprice] 07/7/2011 12:22

Getting close to historic lows again and no interest on the BB, bring on the pumpers!

DC

[bones30] 30/6/2011 16:13

So, big deramping on the thread yesterday, and today we're up...

[biggerthus] 29/6/2011 17:49

Hey-ho - back to business as usual, but as am not personally in any hurry that isn't an issue.
Great opp at these levels though for longer-term punters with more patience than the average gnat.

[gavapentin] 29/6/2011 17:42

Too true

Pity, as there was some reasonable news but the rampers talked it beyond what was realistic, hence the rebound drop.

[greenrichard] 29/6/2011 16:20

GreenRichard - 13 May'11 - 16:01 - 12274 of 12536 edit

WARNING - PUMP & DUMP ALERT


Same old names were pumping this. Interesting that most of them don't post anymore!

[gavapentin] 29/6/2011 13:14

Back to pre ramping levels.

Pity it didn't hold 1p.

I did say that might have been a good time to add - I didn't but I admit I was wrong!

[sdt7618] 28/6/2011 08:47

anyone any idea what the timetable is for the Nigerian gov to get back to the debating?

[bronek1959b] 16/6/2011 16:03

good time for one of those many contracts we,ve been promised.

[moreforus] 16/6/2011 06:56

down 60% from the top DC (intraday was 1.6p)..and that;s with delivering on the new strategy and securing the option over a X billion USD gas asset....