Gasol Share Discussion Threads

[gerri-c] 10/5/2012 15:55

An awesome change-around here.

[bronislav] 10/5/2012 15:50

The quality of these and the previous appointments is a great clue in my book.Think the start of the rerating is underway.

[wow400] 10/5/2012 15:39

From FD:

Gasol Plc. (LON:GAS) jumped 9.5% to 0.40p at the mid-price during afternoon trading after the company announced a strategy update and management appointment that said it is pleased to announce the appointment of David Shipway as Head of Upstream Gas Projects and Michael Kunz as Head of Power Project Development. Strategy update - Gasol's strategy is to develop its own gas reserves in the Gulf of Guinea and to supply this gas to power projects in West Africa. The Company is currently working to develop its projects and the necessary infrastructure in pursuit of this objective, in conjunction with its partners. Until natural gas reserves become available, Gasol is working on plans that will secure availability of regasified LNG as an interim fuel supply to support current power generation requirements in the West African region. Regasified LNG is used in Europe, the Middle East, China and Latin America as a cost effective means of delivering gas where pipeline gas is not available or shortages prevail. Gasol's regasification orientated supply activities to the West African region are intended as a shorter term measure, which will allow for more cost effective and environmentally friendly gas-fired power generation until such time as they can be replaced with secure supplies of low-cost pipeline gas. The interim supply measures will involve Gasol installing a Floating Storage and Regasification Unit in a port in the region and supplying regasified LNG from that vessel to pipelines for transmission to power hubs. In cases where it is a gas supplier to power projects, Gasol will also aim, in due course, to acquire minority equity positions in those power supply facilities.

[bronislav] 10/5/2012 15:20

Afgas will be paying these new appointments wages and they will want a return on that.Afgas have backed Gasol all the way and at last I feel there is light at the end of the tunnel.The potential here is enormous and the current share price will IMHO be many fold once the strategy bears fruit.gla.

[bronislav] 10/5/2012 09:07

People have been adding for a while now.Recent appointments of high profile business men point to a rosy future .getting in at these prices will pay dividends if the obvious potential is realised.

[jonno1] 10/5/2012 08:49

added a few more

[robo15] 09/5/2012 12:54

Good rns, will be adding here and hope to see a rise as and when these guys find the deals that are out there.

[sdt7618] 09/5/2012 12:50

The milk bill must be increasing, hope it not all Jam tommorow.

all sounds very positive and looks like something is happening, but, but , but when?

[mikezen] 09/5/2012 12:44

We gonna run out of cups at this rate!

[gjd000] 09/5/2012 09:10

Nice share package to entice top talent by the looks of it.

Rockets might be a bit premature, but a substantive update on strategy is always welcome!

[wow400] 09/5/2012 09:04

RNS Number : 9594C

Gasol plc

09 May 2012

Gasol plc

('Gasol' or the 'Company')

Further Senior Management Appointments, Strategy Update and Award of Share Options

Gasol (AIM: GAS) the West African energy development company, provides the following strategy update and is pleased to announce the appointment of David Shipway as Head of Upstream Gas Projects and Michael Kunz as Head of Power Project Development.

Strategy update

Gasol's strategy is to develop its own gas reserves in the Gulf of Guinea and to supply this gas to power projects in West Africa. The Company is currently working to develop its projects and the necessary infrastructure in pursuit of this objective, in conjunction with its partners.

Until natural gas reserves become available, Gasol is working on plans that will secure availability of regasified LNG as an interim fuel supply to support current power generation requirements in the West African region.

Regasified LNG is used in Europe, the Middle East, China and Latin America as a cost effective means of delivering gas where pipeline gas is not available or shortages prevail. Gasol's regasification orientated supply activities to the West African region are intended as a shorter term measure, which will allow for more cost effective and environmentally friendly gas-fired power generation until such time as they can be replaced with secure supplies of low-cost pipeline gas.

The interim supply measures will involve Gasol installing a Floating Storage and Regasification Unit in a port in the region and supplying regasified LNG from that vessel to pipelines for transmission to power hubs. In cases where it is a gas supplier to power projects, Gasol will also aim, in due course, to acquire minority equity positions in those power supply facilities.

Senior management appointments

In line with the Company's revised strategy, Gasol has today announced the appointment of David Shipway as Head of Upstream Gas Projects and Michael Kunz as Head of Power Project Development, both of whom will report to the recently appointed Chief Operating Officer, Alan Buxton.

David Shipway worked for British Gas for 10 years, followed by three years with Duke Energy as Head of Trading and Marketing, before forming Galveston LNG in 2003. Galveston was backed by the Harvard University Fund and developed businesses in LNG re-gasification, liquefaction, trading, shipping and storage. David was instrumental in Galveston's establishment of Kitimat LNG, a liquefaction project, to cater to the demand for exporting gas due to the huge quantities of LNG shale gas available in North America.

Dr. Michael Kunz has over 20 years' experience in the power industry, where he has focused on the structuring and financing of independent power projects (IPPs) and other large infrastructure projects. Prior to joining Gasol, Michael served as General Counsel to two IPP developers, Rolls-Royce Power Ventures Ltd and Burmeister & Wain Scandinavian Contractor A/S. Before that, he was in private practice for 10 years with Dewey Ballantine (now Dewey & LeBoeuf). Michael holds a Bachelor of Science degree in finance and a Juris Doctor degree from Georgetown University.

Award of Share Options

Gasol is pleased to announce the grant today of options over 6,000,000 shares in the Company to each of David Shipway and Michael Kunz. In addition, the Company also announces the grant of options over 4,000,000 shares in the Company to Miles Thomas, General Counsel of Gasol. Full details of the options granted are set out in Annex 1.

Commenting on the appointments, Gasol's Chief Operating Officer, Alan Buxton, said:

"I am delighted that we have secured two such highly qualified candidates for these positions and am confident that we now have the right senior management team in place to deliver on our gas to power strategy in Africa."

- Ends

[flyingbull] 29/4/2012 17:06

Fancy a challenge??!! The monthly oil stock competition for May is now open. Deadline for entries is midnight on Monday 30 April 2012.



Alternatively, if you entered the monthly competitions before, please check your Advfn message inbox (beta version) for further details.

rgds,
fb

[bronislav] 29/4/2012 17:04

C'mon folks where is your faith.peeps not buying for nothing.ITS COMIIIINNNNGGG!!

[sdt7618] 27/4/2012 10:03

to what, the weekend?

[bronislav] 26/4/2012 22:07

Getting closer guys and gals.

[bilko2973] 19/4/2012 11:38

worth reminding us of what could happen - this man had his very own AIM (all is mine) company. UK banks invested his money for him too - maybe thats why the won't lend to small companies or young people to get houses to turn the economy up a gear as they are too busy doing other (corrupt) peoples washing.

[teraferma] 15/4/2012 21:19

Worth reminding us of the potential.

[bronislav] 09/4/2012 14:24

The world bank said the value of gas flared in the Niger delta could be between 500million to 2.5 billion dollars. A small piece of that pie would be in itself huge to a tiddler like Gasol.

[bronislav] 05/4/2012 08:37

Gerry.a new operations manager.why.? .The old guy goes back to AFGAS....this has and still is a long hard slog ,but at less than 0.5p a share a few good gas deals could see this medium term back to 5p...ten times!!...the investors who have lost out and have seen the disappointments will probably shout me down and that's fine ,I understand where they are at.just saying!!

[bronislav] 04/4/2012 14:35

Gerryi.if you check out volume from start of January and a twenty million plus volume day.not sure what it signifies but something is going on.

[gerri-c] 04/4/2012 09:14

Bronislav,

Thanks, interesting. I obviously need to pay more attention to transactions here.

[bronislav] 04/4/2012 09:08

Gerry.....the market makers have been soaking up sells for a while now.if you check back over the trading circa three months there has certainly been more activity than in the previous twelve.might be nothing but money is usually a good indicator .

[gerri-c] 04/4/2012 08:58

Price unaffected by the 500K sell?