Genel Energy Share Discussion Threads

[kris akabusi] 27/6/2018 10:45

Boom, boom, boom let me hear you say awoooooga!

[iggyb67] 27/6/2018 09:35

repeat repeat boring and totally un constructive as per usual.
Take a leaf of other posters and maybe we will see something constructive from your posts

[panagos] 27/6/2018 09:20

Agreed sparky but I promised not to say 350p by end of July.

;-)

[panagos] 27/6/2018 09:20

iggyb you are also filtered as you are probably Carla. Even if you are not you-ve been filtered for a year or so as well. Cheers

[sparky333] 27/6/2018 09:17

Anyone selling is a nut job, API draw nearly 10m. OMFG that is a big one.Demand outstripping supply never mind future shocks.POO is heading for multi year highs and people are selling the cash cow Genel.We should be at 300p + this week.

[iggyb67] 27/6/2018 09:11

that just killed the conversation - jinxed the share price once again

[panagos] 27/6/2018 08:58

can you feel its POWER?

[panagos] 27/6/2018 08:55

can you FEEL it Carlalala ?

[carla1] 27/6/2018 08:55

Just put the effort in today..nearly there x

[panagos] 27/6/2018 08:49

do you LIKE it carlitchka?

[panagos] 27/6/2018 08:27

is the price in auction?

[panagos] 27/6/2018 06:22

Ooops Trump did ot again.

Anyone importing oil from Iran by November would face sanctions!

Get ready for $100 oil folks.

Genel would do over a pound of EPS if this keeps on (without considering any gas revenues).

[d1nga] 26/6/2018 21:46

Api usually miles out lets see eia tomorrow
Bullish so far though :-)

[hawkey2] 26/6/2018 21:46

So exciting its with repeating...........

REASONS TO BE CHEERFUL

Oil production increasing every month.
KRG finances now looking secure due to oil price/increased production
Muqtada al-Sadr election winner is inclusive and pro Kurds
USA biggest base in the world built in Kurdistan almost complete.
All border crossing open now
Iraqi paying some Kurdistan salaries.
Most international flights now resumed to Kurdistan
Massive support from European countries for KRG
ISIL defeated.
Oil on the rise very likely 80$ a barrel soon.
Venezuela & Iran, Libya situations likely to keep oil price rising
Saudis desperate to get oil over 80$ and higher for IPO.
OPEC deal keeping increased production below 600k, less than is need.
Worldwide demand much higher than anticipated touching 100m BOPD
API drawdowns regular and Worldwide oil glut now gone
Future oil shortfall now very likely due to historical lack of investment.

Rosneft has lent KRG up to 3$ billion
Rosneft involved in massive exploration & development projects.
Rosneft already building several Gas pipelines.

New Chairman, New World class CFO, New Dynamic COO
Payments now regular every month for 36 months in difficult circumstances
Payment increases due to payment "R" factor worth over 400$ million
Payment of another 25-30$ million due in coming month
Free Cash flow huge over 140$ million last year and much higher this year.
Over 70% of all shares owned by only 5 major institutions.
Very small free float. Hard to buy large volumes on occasions.
Upward Share price mirroring its downward spiral, much more to go.
New Bond issue securing finance for 5 years.
Some of lowest Production cost in the world.
Market cap 3ish x less net assets.
Debt free end of year.
Breakeven at less than 20$ per Barrels.
GKP now committed to increasing production spending over 200$ million
Gazprom increasing production in Garmian
Shamaran increasing production Atrush

Peshkabir producing 30k BOPD any day now & higher by end of year.
Peshkabir 4, 5,6 completed, testing and producing.
Up to 5 new wells being drilled in Tawke to increase production in 2018.
DNO committed to spending record Capex in 2018. 50% more than last year.
Taq Taq new oil find confirmed, 145 meters deeper than thought possibly more to follow.
Taq Taq CPR stating new reserves.
Taq Taq major drilling due to be commenced now.
Bina Bawi & Miran updated CPR showing huge increase in resource 27% + 78%.
Bina Bawi recent site meeting, oil could be flowing within 6 months.
New CPR No price or volume risk with either Gas fields
Genel now financially able to go it alone on upstream project. No partner needed.

Somaliland 2D Seismic being processed, drilling expected next year
Somaliland massive basin akin to Yemin, unexplored.
Somaliland potentially 2 Billion plus barrels of Oil.
Somaliland huge port being built near our acreage

And this is just what we know…..Imagine whats going on that we don’t know….

[hawkey2] 26/6/2018 21:45

Huge Draw

Nearly 10 million.......

hxxps://www.investing.com/economic-calendar/api-weekly-crude-stock-656/

[panagos] 26/6/2018 21:42

69p EPS warrants at least 500p share.And next year EPS will be higher.

[hawkey2] 26/6/2018 21:35

Oil 76.5$

Roll on tomorrow.

Could be a good day for us.

There are so many REASONS TO BE CHEERFUL........


Hawkey

[kulvinder] 26/6/2018 18:11

Sparky it always does when I reduce my holding in Genl, was hoping to buy back lower!!! Bad move on my part...

[sparky333] 26/6/2018 17:26

POO flying