Genel Energy Share Discussion Threads

[fangorn2] 22/9/2016 16:57

@Cyan,

Bloomberg behind the curve it seems!! Just realised!

[cyan] 22/9/2016 16:51

"Iraqi Kurdistan’s Payments to Oil Drillers Fall Behind Again"



Really? I hadn't noticed ,lol

Brent $47.60

[cyan] 22/9/2016 14:37

On the back of good EIA numbers Brent is doing rather well today; now $47.66

[alamaison5] 22/9/2016 09:12

Just bought £3700 of it. Now let see how fast we can go to 100p

[mpclag] 22/9/2016 07:52

Just took a look at the nrttv article and saw how slippery the politiicians look. Reminds me of the Mafia 50 yrs ago.

[hawkey2] 22/9/2016 04:39

So tomorrow could be a good day with a 7 million inventory draw down and Uncle Sam also happy.......

We shall see........

hxxp://oilprice.com/Energy/Energy-General/EIA-Boosts-Oil-Prices-With-Huge-Draw-Report.html

Also interesting that we are supplying oil to Sweden now.........

hxxp://www.tradewindsnews.com/tankers/812963/sweden-to-get-kurdish-oil-after-two-year-gap

Hawkey

[cyan] 21/9/2016 21:35

"Russia Is Pumping Oil at Its Fastest Pace Since the Soviet Era"



These are dangerous times for world peace because Putin has visions of military grandeur and ridiculous plans for military expansion. Unfortunately the over reliance of the Russian economy on hydrocarbon revenues has caused severe financial strains. No real surprise that they are pumping at full pelt.
What the article does not highlight is that time is running out for the Russian economy . Their financial reserves will be exhausted in 12 months.
As a so called election for the presidency approaches I expect Putin to make some more territorial moves.
However, well before then, one might suspect the Russians will be more amenable to production agreements.
Trouble is they have a track record of saying one thing and doing another.
Honouring production agreements and anything else for that matter is not Putins habit.
Next two years could be hairy.

On a more cheerful note , Brent has risen to $47.04 as I type.

[nodoe] 21/9/2016 20:50

.....or punctuate.
I fink sum1 postin on an bulitin bored shuld be abel to spel to b givon ane credibility

[cyan] 21/9/2016 09:27

The good news; 'upwego' restarts posting causing our share price to rise.

The bad news; Chris still can not spell.

Brent $46.68 which is rather good.

[pogue] 20/9/2016 22:17

must be in for an up day tomorrow another filtered poster has appeared.

[upwego] 20/9/2016 20:50

Cyan

Can you add in a oil chart so you dont have to tell us the oil price every day
we know already.

Thank you

[upwego] 20/9/2016 20:38

oil falling and no payments

Recipie for disaster

Kind regards

[cyan] 20/9/2016 15:56

Brent $45.68

[fangorn2] 20/9/2016 11:33

July payment still due.

And now August's payment is coming due.

one payment for THREE months production.

Unsustainable, as well as being unacceptable.

[tsmith2] 20/9/2016 08:26

Feels like heading for March lows. No payment news, still

[cyan] 19/9/2016 23:08

"Opec may hold formal oil talks if members reach consensus in Algiers"



Brent $45.90

[hpcg] 19/9/2016 20:18

Yep, government employees might get paid. What about the producers?

[hawkey2] 19/9/2016 20:13

Looks like huge production for September.....

hxxp://www.nrttv.com/EN/Details.aspx?Jimare=10042.

[cyan] 19/9/2016 09:55

"OPEC ‘Very Close’ to Agreement to Stabilize Market, Maduro Says"



We shall see.
Brent now $46.24

[cyan] 18/9/2016 16:26

Some interesting reading on the LSE GENL board highlighting a Times article on investigations into the AFR collapse.
This line caught my attention;

"As Afren went into meltdown, Zahawi was recruited as chief strategy officer for another Kurdish oil specialist, Gulf Keystone Petroleum. The part-time job pays him £20,000 a month."

Looks like there's at least one who fell on his feet after the Afren disaster.
Part-time ; £20k a month! Very good value I am sure, omg!

Content to have invested more in GENL last week and thanking my lucky stars never to have touched AFR or GKP.

[hpcg] 17/9/2016 16:10

Happy 10,000 post milestone. Crude heading in the wrong direction for producers in Dontgetpaidistan. This is an important area of chart support, but dollars coming in are more important.

[cyan] 17/9/2016 15:59

Thanks to a LSE poster for this link;



A lot to digest

[cyan] 16/9/2016 22:32

A good article with the promise of better days to come, maybe, one day in the future;

[dodge meister] 16/9/2016 07:53

Not surprising really give it's less than half the current share price

[sparky333] 16/9/2016 07:12

GKP open offer oversubscribed