Genel Energy Share Discussion Threads

[sparky333] 18/1/2017 08:01

Just no excuses for the KRG this time after a bumper Dec and so Far Jan.Must have pulled in over a Billion in the last 6 weeks.

[francoismyname] 18/1/2017 07:54

I think we push downwards today

[sleveen] 18/1/2017 07:52

I suspect KRG could withhold payments for longer than GENL could remain solvent?

[ozzmosiz] 18/1/2017 07:49

KRG have two options. Pay up or go back to the Stoneage!

[fireplace22] 18/1/2017 06:20

No payment , no future, uninvestable..... Applies to the KRG also. They need to decide!

[francoismyname] 18/1/2017 06:16

No payment , no future, uninvestable.....

[olieslim] 17/1/2017 22:47

'eyewettering'...

[mickyboy2] 17/1/2017 22:25

This could be good News for us
hxxp://oilprice.com/Energy/Energy-General/OPEC-Commitments-Push-Iraq-Towards-Oil-Export-Deal-With-Kurds.html

[mr roper] 17/1/2017 21:58

Krg currently 30 bn in debt and still not paid Dana

[mr roper] 17/1/2017 21:56

You don't get paid.. the co will be consumed by the bondholders. Gkp 2

[hawkey2] 17/1/2017 21:40

Dont pop by much these days as some have made this board a bit difficult to enjoy. However I am sure we all flit from board to board so here are some reasons to be cheerful.......

REASONS TO BE CHEERFUL....

New world renounded CEO announced soon for Genel
Share price very stable considering no payment.
Shorts still closing
USA building huge base in Kurdistan
KRG budget deficit narrows much more than anticipated.
KRG have signed 2nd compliance audit for overall accountability
KRG Record production & revenue for 2016
Moroccan drills farmin due to be announced soon
New Iraqi Oil Minister
Debt to Equity less than 1
Very large payment due to latest production
Some of lowest Production cost in the world.
2D Seismic to start in Somaliland in December (massive area)
Peshkabir hopefully completed and successful ??
Profit should rise a lot due to oil price rising
OPEC countries actually implementing oil production cuts.
Massive Gas fields development being planned
Market cap 7x less net assets
Positive world bank meeting involving KRG
2.5 billion dollars in net assets
Tawke gross production up to 135k bopd from 2017
Largest KRG production oil in December for a year.
Over 400$ million dollars in the Bank
10% owned by Major Turkish Energy company
Oil & Gas law recent positive statement
ISIL on verge of being defeated
Breakeven at less than 20$ per Barrel

[kulvinder] 17/1/2017 20:37

You are right Bud - hence a glass of red in my hand.....Don't normally filter anyone but have filtered both HVS and Franco, as arguments put forward are always one way and not balanced both ways.. I strongly believe this will come good, hence don't want these guys to push me out when I have waited so long for this move north....like you say N.Mann not long now.

[nickmann] 17/1/2017 19:54

hvs17 Jan '17 - 17:43 - 13878 of 13880 0 0 (Filtered)

Calm down KULVINDER..Everything will be fine.
Hopefully news of Payment soon.
Just relax.Come back on Jan 24th.

[seball] 17/1/2017 19:18

Another one bites the dust
hvs17 Jan '17 - 17:43 - 13878 of 13879 0 0 (Filtered)

[kulvinder] 17/1/2017 18:02

Oh No HVS appears - this really is the kiss of death for GENL.

[kulvinder] 17/1/2017 17:03

Juts hope for our sakes GE, it is the PI's that win this thug of war for once.

[mr genel energy] 17/1/2017 15:47

a big battle betweeen the hedge funds and the private investor going on..

[francoismyname] 17/1/2017 15:43

Think you got the decimal point in the wrong place Genel. It should have said 1.5 friends ...

[jotoha2] 17/1/2017 15:05

Still looking to recover your loses here franny , go long , you know it makes sense, but of course it must be hurting getting it wrong time and again.

[jotoha2] 17/1/2017 15:01

When you least expect it , just like matd small moves and then Boooom.

[francoismyname] 17/1/2017 15:00

The king told you this would fall this afternoon.

There is only so much I can do...

[ozzmosiz] 17/1/2017 14:57

patience....

[kulvinder] 17/1/2017 14:48

But as usual the price here falls!!!