Genel Energy Share Discussion Threads

[gregpeck7] 15/8/2017 16:04

Big pressure on bid

[gregpeck7] 15/8/2017 15:58

Agree on behind curve.

[cyan] 15/8/2017 15:43

I take brokers views with a pinch of salt. They seem to pick numbers at random and blow with the wind. They are behind the curve and this upgrade proves it imo.

Brent $50.25

[gregpeck7] 15/8/2017 14:28

From lse. Cannacord upgraded price target to 150 from 90p

[sporazene2] 15/8/2017 13:07

DNO half-year results next week will presumably provide a good few updates including the well currently drilling.

[gregpeck7] 15/8/2017 12:35

Down 5 on 278k shares. Says it all really.

[gregpeck7] 15/8/2017 12:32

Agree mate

[cyan] 15/8/2017 11:46

Brent at $50.42 is effecting the share price , imo

[timw3] 14/8/2017 22:56

Heads up Seller cleared at AAOG... $800m spud in 4 weeks!!

AAOG without doubt in play now seller out with that 1m sell printed after hours.

Fincapp valuations:

Mengo hit 750bopd - £70m MCAP - £1
Djeno hit 10k bopd - £750m MCAP - £10

So £11 potential vs 28p share price

Current market cap is only £10m once cash is stripped out.

£10m cap vs $1billion potential...

No brainer at these levels.

60p+ target at least prior to spud in 4 weeks

[carla1] 14/8/2017 16:33

Good Afternoon fellow investors

Chart looks awesome... expecting £1.40 this week

[gregpeck7] 14/8/2017 14:27

Brent gone over 52...

[cyan] 14/8/2017 11:59

SP performing well considering POO is so so at $51.67

[gregpeck7] 14/8/2017 10:16

L2 looking strong. Not even valued for the oil here let alone gas. Hopefully a push this week back to the 130 region.

[hawkey2] 13/8/2017 12:39

SOMALILAND

So we should be starting all planning and mobilisation if all is going according to plan with a potential first spud in Q3 next year.



However I can't see us going new here without a partner and I would imagine a farming out with somebody who will free carry us is likely. Who knows but every days its moving closer.

Hawkey.....

[hawkey2] 13/8/2017 08:43

Rosneft & KRG

So what have Roseneft bending for the last 3 months.

I think it easy to forget that one of the biggest oil companies in the world is now heavily into Kurdistan.

They will have pipeline access to between 700,000- 1 million barrels pr day. That seems to be all of the oil. Whats that about ??

"The energy company added the agreement “outlines other perspective areas of cooperation in exploration and production, including the gas sphere.”

Hello we can help with the Gas bit.

hxxp://www.kurdistan24.net/en/economy/53668fbe-ac44-4ed2-8888-68688a5a0f29

hxxps://www.bloombergquint.com/markets/2017/06/02/rosneft-s-kurdistan-bet-expands-as-middle-east-footprint-deepens

Any thoughts on views or the Rosneft angle ??

Hawkey

[hawkey2] 12/8/2017 18:36

Possibly doing a deal with Bagdad and considering cancelling the ref.......

hxxp://www.rudaw.net/english/kurdistan/120820173

hxxp://www.al-monitor.com/pulse/originals/2017/08/iraq-kurdistan-region-independence-barzani-hamas-iran-russia.html

Hawkey

[panagos] 12/8/2017 17:21

Peshbakir 3 should be completed by end of September too.

[hawkey2] 12/8/2017 16:48

A bit of consolidation going on. Nothing goes up in a straight line for ever. Still showing signs of strength and pretty confident we will move steadily up from here.

Basic maths says this share is worth about 700-900m so therefore a share price of 1.20 can't be right.

There won't be many selling until the gas news which as we know could have multiple ending, takeover, Farmin, Sale of assets and who knows what else.

Be interesting to hear what they have seen in the 2D seismic from Solalialand especially as they are increasing it t o support the definition of drilling prospects (what ever that means)

With regard to Morocco "The Company is in the final stages of discussions with the Moroccan government over the nature, scope and timing of the activity related to the remaining exploration commitment on the Sidi Moussa acreage"

The final stages, the nature and scope....Coud be an exit or perhaps having one last go with a new partner.

Who knows but for sure when you add Peshkiber and Tawke its an exciting time to hold.

Good Luck.

[gregpeck7] 12/8/2017 09:48

Agree mate.. similar pmo. They go on about the low valuation there but they are also in about 3 billion of debt... I think we will be debt free in a little over 12 months if we wanted to be... masters of our own destiny and all that ;)

[gregpeck7] 12/8/2017 07:37

Plus Panagos tullow is in about 3.5 billion of debt!

[kulvinder] 12/8/2017 00:40

IT ALL ABOUT CONFIDENCE RETURNING IN GENL AS IT WAS 10 POUNDS BEFORE ISIS TURNED UP AND THE PRICE OF OIL FELL TO 26USD FOR BARREL. SORRY FOR THE CAPITALS.

[panagos] 12/8/2017 00:27

Tullow H1 daily production is 81.400 barrels

Market Capitalisation £2.261.500.000


Genel daily production is 37.100 barrels

Market Capitalisation £332.500.000



Tullow produces just a bit over double daily production and valued 7 times genel.


Spot the bargain eh?

[gregpeck7] 11/8/2017 19:39

I would expect so.. press on next week.

[panagos] 11/8/2017 16:38

Dragonfjy doji.

Onwards and upwards next week.