Genel Energy Share Discussion Threads

[kulvinder] 04/7/2018 16:40

Never fails to amaze being taken down for some reason nothing has changed besides the company in receipt of more cash then they had in May.....

[tewkesbury] 04/7/2018 14:35

Petro Matad (MATD)

Six well high impact drilling program in Mongolia, total prospective resources targeted 850 MMBO, ranging from near field E&A to basin opener potential:

1) Snow Leopard-1 well (Block V)
- Spud week commencing 9 Jul 2018.
- Targeting 90 MMBO, drill to depth of circa 3,350 metres, 70 days to complete.

2) Wild Horse-1 (Block IV)
- Spud Sep 2018, complete Nov 2018.
- Targeting 480 MMBO.
- Named by Wood Mackenzie as one of the top 20 exploration wells worldwide to watch in 2018.

3) Block XX
- Near field Gazelle prospect targeting 13MMbo & rapid commercialization.
- Spud 1st well Q4 2018, immediately followed by 2nd well.

- New Red Deer prospect, 48MMbo in a basin analogous to nearby producing basins in Mongolia + northern China, within easy reach of existing infrastructure.
- Spud H1 2019.

4) Fox-1 (Block V)
- Spud early Q2 2019.
- Mean prospective resource 200 MMBO. High-quality 3D seismic late 2017.

5) Management hosting a presentation for investors in week commencing 9 Jul 2018.

(Country already produces 21,000 BOPD (2017) from fields close to Chinese border, including from Blocks XIX + XXI adjacent to Petro Matad’s Block XX. Very attractive fiscal terms).

[amr2o17] 04/7/2018 12:11

Gkp's share price is irrelevant imo since it is not a reflection on the book value here, just that people are piling in over there out of excitement at their increased production targets.Having said that, GKP's strength is not a downside for us; since it improves the Kurdi picture and also arguably promotes the value story here. At some point I would expect a few edgy profit-holders to cash in over there and head our way, not that that really matters in the grand scheme of things either.

[panagos] 04/7/2018 12:08

Sparky relax with GKP mate.

GKP was above GENL a few months ago, it could happen again.

Bottom line is who will be higher at the end of the year?

[teamwork1] 04/7/2018 12:05

We need to ride it out

[sparky333] 04/7/2018 11:52

Parity with GKP

[cyan] 04/7/2018 11:38

volume is sooo small. Never mind.

Brent $77.93 Great.

[panagos] 04/7/2018 11:37

1. I meant Turkey omstead of Gas

[panagos] 04/7/2018 10:26

Gas thesis:

1. Gas needs desperately Gas for home consumption
2. KRG is next to Turkey
3. Genel has 15 TCF of Gas
4. Genel is an Anglo-Turkish company
5. Rosneft signed agreement to create the Gas infrastructure of KRG
6. Putin and Erdogan do a lot of deals lately (nuclear plant in Turkey , S400 (allegedly) etc.

Who do you think will provide Turkey will all the needed Gas?

I mean it's just a matter of time..

[cyan] 04/7/2018 10:17

Just think TWO BILLION BARRELS OIL EQUIVALENT.

The gas will provide enormous income; basically double the business and theoretically the share price, imo.

[sparky333] 04/7/2018 10:16

Also I reckon GKP will pass us today share price wise.Very annoying

[sparky333] 04/7/2018 10:15

Just stunned at he lack of volume the last few weeks just fell off a cliff.

[cyan] 04/7/2018 09:48

Its gas that will lift; literally and metaphorically

[amr2o17] 04/7/2018 09:44

I make that a triple bounce chopsy, a pretty robust position

[chopsy] 04/7/2018 09:34

The chart formation is taking longer to play out than anticipated. However there seems to be strong support at 250p.

[johnlewis79] 03/7/2018 16:33

No idea what i was talking about ' my most fav things?'overstayed my welcome down my local. Go Enger...land!

[johnlewis79] 03/7/2018 16:24

Def not one of my "most favourite things'...you get the connection?. the Sound of Music? But heh..more important things to concentrate on tonight.
Straw poll in pub 12 Eng 0 Col. Well as cash has no loyalty I'm minded to take the 3s on Col.

[johnlewis79] 03/7/2018 15:07

The shambles on lse hasn't translated to a mass migration..yet but carry on like this us lths
will be long gone!

[strummerjon] 03/7/2018 11:08

He’s posted on several threads this morning, with an identical outlook.