Genel Energy Share Discussion Threads

[pogue] 15/1/2018 11:57

Not seeing his statement as pretty bullish more neutral

'There is little doubt that oil at 65 and 70 respectively may not have much upside, the rig count was up on Friday, 15 overall and 10 in oil and yes, shale production will be up. '

[cyan] 15/1/2018 11:52

Malcy is pretty bullish on oil not seeing much downside;




Malcy promised a big GENL write up after his meeting with GENL before Xmas.

I wonder If he was taken 'inside' when he did see them, on various possible developments, because he has not written the piece yet?

Gas is what we really need an update on.

[cyan] 15/1/2018 11:02

Brent now $70.02; should help the mood

[gregpeck7] 15/1/2018 10:57

Dno up again. Genel has to start joining the party soon.

[cyan] 15/1/2018 10:10

The right sort of moves to return a semblance of normality;

"Iraqi delegation arrives in Erbil to solve flight ban with Kurdistan"



"Russian FM: Moscow ready to mediate Erbil-Baghdad conflict"



Brent $69.78. Good. Eventually the recent higher oil price will work through to increase our monthly revenues.

[panagos] 15/1/2018 09:08

Turkey has deployed tanks to fight kurdish YPG forces in Syria. (Turkey - syria boarders)Nothing to do with KRG where GENL fields are.

[karateboy] 15/1/2018 08:54

Turkey deploys tanks and Erdogan threatened to attack Kurds according to bloomberg.

[panagos] 15/1/2018 08:44

typical then.

[panagos] 15/1/2018 08:32

Good morning,

normally when the price is marked up in the open it goes down afterwards...... I think not today though. there is no gap in the intra-day chart as it traded up to 129 on Friday.

I guess we will find out soon.

[nicksig] 14/1/2018 21:52

Hawkey yes that’s the plan for GKP as I understand it so no added volume for them yet. It’s coming from Pesh in all likelihood. And that’s just the start imo

[gregpeck7] 14/1/2018 21:14

Ill put post up on LSE chaps and see if anyone there knows...

GP

[hawkey2] 14/1/2018 20:21

GKP heavy oil is planned to be mixed with Atrush I believe but they haven't got any production increase that I am aware of.

Hawkey

[hawkey2] 14/1/2018 20:20

It was in a DNO update about Peshkiber production being over 15K BOPD.

Hawkey

[nicksig] 14/1/2018 19:32

There have also been rumours about a new pipeline hook-up for GKP

[nicksig] 14/1/2018 19:31

I guess that’ll be covered in the forthcoming operations update

[nicksig] 14/1/2018 19:30

Greg I didn’t think Pesh 1 was producing so if that’s the case it’s coming from the two other wells

[hawkey2] 14/1/2018 19:22

Peshkiber is definitely doing at least 15k per day.

With the EPF up and running it could easily very easily be doing 20k per day.

Hawkey

[panagos] 14/1/2018 19:09

Greg,

it looks to be the case as only 4 main fields in KRG:

Shaikan
Atrush
Taq Taq
Tawke + Peshkabir

I know for a fact that taq taq and atrush have not increased daily capacity (taq taq sligtlly a couple of thou and atrush 26.000 since November)

So its either shaikan (I doubt it, can anyone confirm if they increased capacity?) or it is Pesh indeed.

[gregpeck7] 14/1/2018 19:00

Guys just noticed thisIraq/Kurd Oil Flow to Ceyhan Advances to 320k B/D: Port Agent/BBG #OOTTCeyhan pipeline up 20k.. pesh epf come online and hooked in? Will ask genel tomorrow...

[gregpeck7] 14/1/2018 17:32

Big week coming for Genel I think.. 130p Lunch time Monday?

[gregpeck7] 14/1/2018 15:24

Guys shell are also looking for gas assets in the region with easy access to Europe... even if genel get 5 percent of the value of Bina and Miran it will be a fortune. Remember the oil equivalent would be a 2 billion plus proven field .