Genel Energy Share Discussion Threads

[wantmorethan24p] 17/2/2017 10:12

another tree shake

[wantmorethan24p] 17/2/2017 09:52

who was ramping uen yesterday???

[wantmorethan24p] 17/2/2017 09:39

results due from tawke drilling.

[mr roper] 17/2/2017 09:33

only thing that's been drilled here is shareholders butts

[wantmorethan24p] 17/2/2017 09:11

we need drilling news plaese...


someone must know the results by now.

[wantmorethan24p] 17/2/2017 09:04

DRILLING NEWS IMMIENT..

BEAWARE OF MARKET MAKER GAMES.

[wantmorethan24p] 17/2/2017 09:00

Psehkabir field...

an update is expected any day now.

[wantmorethan24p] 17/2/2017 08:59

is this the news we all are waiting for...


As announced on 9 January 2017, the Peshkabir-2 well on the Tawke PSC flowed 3,800 bopd of 28° API oil from Cretaceous reservoirs in the southern flank of the Peshkabir field. The well, currently drilling ahead of schedule and under budget, is expected to reach total depth of 3,500 metres and will be completed, following evaluation of the Jurassic, by early February. The Tawke partners are considering a number of options to step up the appraisal of the new discovery, as well as the potential for early Peshkabir production via the existing Tawke facilities

[wantmorethan24p] 17/2/2017 08:50

amy news on the drill bit...???

[wantmorethan24p] 17/2/2017 08:49

SO MANY TREE SHAKES IN THIS STOCK..


everyday you see 1 or 2 or 3 or 4...


is our buyer back.

[olieslim] 17/2/2017 08:45

If the company does what it supposed to do and if not 'hampered' it appears well positioned according to this:

[adh0] 17/2/2017 08:40

A payment next week (week after at the very latest) is needed to get above 80p I think.

It should be the first interesting one where the amount of revenue matters as much as getting it. December should have had a significantly higher average oil price so if production has stopped decreasing we will have some idea of how quickly the back payments will be made.

Until then although the dip into the 70s is a little disappointing it was never going to break and maintain much over 80p until we get that payment anyway.

[wantmorethan24p] 17/2/2017 08:40

TREE SHAKE

[jotoha2] 17/2/2017 08:33

There is some talk that they have a partner , now who can that be , my money is on the yanks !

[kulvinder] 16/2/2017 15:36

Yeah 24p _ £5 would be nice, satnam waha guru!!!

[wantmorethan24p] 16/2/2017 15:08

what happened to franisimyname.

[wantmorethan24p] 16/2/2017 14:44

you spoke to soon.

[oilandgas1] 16/2/2017 14:23

We are due an update in the next few days on ..The Peshkabir-2 well drilling and I would also expect an update on the DEc16 payments very soon (by 24Feb17 hopefully)

following the RNS on 12jan
Genel Energy plc ('Genel' or 'the Company') notes the announcement made this morning by DNO ASA, as operator of the Tawke licence (Genel 25% working interest).

The Peshkabir-2 well currently drilling on the Tawke PSC has discovered oil in the Cretaceous horizon in the southern flank of the Peshkabir field.

The well flowed at a stable rate of 3,800 barrels of 28deg API oil per day on a 52/64 choke from an open hole test of a 170-metre interval. Pressure data supported by observations of oil shows from cuttings and side wall cores indicate a Cretaceous oil interval in excess of 300 metres.

Peshkabir-2 was spudded last October to explore the Cretaceous horizon and appraise the previously tested deeper Jurassic reservoir on a 2012 discovery 18 kilometres to the west of the Tawke field.

The well, currently drilling ahead of schedule and under budget, is expected to reach total depth of 3,500 metres and will be completed in the Jurassic by early February. Pre-spud estimates for drilling, open hole testing of the Cretaceous and completion stood at $17.5 million.

The Tawke partners are considering a number of options to step up the appraisal of the new Cretaceous discovery, including a geological side-track in the central part of the Peshkabir structure or a third well. Options are also under consideration for possible early Peshkabir production and trucking to the Tawke field's gathering, processing facility and export facilities at Fishkabur some 12 kilometres away.

The Tawke partners will provide an update on the resource potential of both the Cretaceous and Jurassic horizons following post well evaluation of all data acquired during Peshakabir-2 operations.

[w1ndjammer] 16/2/2017 14:22

cumnor

your post makes absolutely no sense to me, but thanks for thinking of me anyway.

always polite to reply.

WJ.

[olieslim] 16/2/2017 14:01

Olieslim 16 Feb '17 - 14:01 - 15938 of 15941 0 0 (Filtered)

[wantmorethan24p] 16/2/2017 13:52

cheers Kulvinder

am praying to waheguru ji to get us at least to £5 in next couple of years..

unless this gets takenover.

[cumnor] 16/2/2017 13:46

WJ, spare us--not easy losing, I appreciate, having shorted this and being trashed after recent rise, but that's life. Get over it. If you haven't got the dosh to lose then try something else more becoming your station-like bowls for eg.

[olieslim] 16/2/2017 13:44

Prof. Green (Panama Papers, or the other one before that. Saw him inthere)... quite a hole indeed, dug from the inside.

Re: bells. I don't expect it to be plain sailing here. The newsflow will be interesting for opportunities, like the share price chart suggests possibilities.

Could be another ´gkp´ but still have to see the proof of that. Meanwhile the company appears to be doing fine, considering the circumstances. But certainly not mortgaging the farm on it.