Genesis Petroleum Share Discussion Threads

[mikehardman] 06/3/2008 09:29

buyers persisting, slight nudge up gain

[mikehardman] 05/3/2008 19:13

I think we're seeing the brakes coming off a bit, since Ventor sold-out on 15feb to Arctic Securities, who added them to their pre-existing 5m shares (now holding 6.01%)

for comparison, here's what HYR did when the VTI overhang lifted - more than bagged, and quickly

[wookie77] 05/3/2008 17:39

that 40,000 after close was a buy from earlier imo.

[wookie77] 05/3/2008 17:10

A break above 35p would be nice though. In which case the sky is the limit!

[wookie77] 05/3/2008 17:08

depends.....i think this is more due to the fact the we are about to start drilling!

[baht] 05/3/2008 16:57

Anyone know the reason for this afternoons 10%+ inrease. Is it a case of Buy on Rumour - Sell on Fact. If so will we see a retrace if results are published on the 9th?

[barrywhit] 05/3/2008 16:28

Less than 12% in free-float and alot of those are probably held by long-term holders much higher up........current price still less than 1p pre-consolidation, still very cheap.......imho

[mikehardman] 05/3/2008 16:15

long a few, 29p, had to get it in 2 bits

[barrywhit] 05/3/2008 16:13

Any good news and we will see a sharp increase in shareprice, very small free-float of shares and as yet not on many peoples radar.....

[wookie77] 05/3/2008 16:11

i think so...

[5dally] 05/3/2008 15:47

Fingers crossed we will have good news

[mikehardman] 05/3/2008 15:34

re news: finals were on 9mar last year, chaps

[jimarilo] 05/3/2008 15:33

Again a nice tick up on small volume, glad to have been adding recently, still very very cheap

Just compare the stats with GPC and XEL ;-)

[jimarilo] 04/3/2008 21:53

I think news should be out inside a T20

Ithaca Energy are currently having a well drilled with the Byford Dolphin, although no rns has been released, due to it being tight well status imo

Couple of weeks should see the rig move, hopefully to a GPC well

Time will tell ;-)

[wookie77] 04/3/2008 20:45

I feel news coming soon......interesting trade at close a decent size t-trade...........know something perhaps?

[wookie77] 28/2/2008 11:10

every buy no matter how small causes a tick up. Any news or half decently publicity will lead to a very decent rerating...

[jimarilo] 27/2/2008 18:18

Agreed Barry, but maybe they are awaiting conformation themselves, particularly with the extended time taken for rig repairs etc

AGR probably like to keep things tight until a well is actually spudded imo

[barrywhit] 27/2/2008 17:46

Cheers Jim,

But they should update their shareholders.......imo.....although there aren't many P/I's......

[jimarilo] 27/2/2008 17:24

Adding to the previous Byford Dolphin post where the rig is being moved to 14/18b for Ithaca Energy ......

26.02.08 AGR R/M Byford Dolphin D/D 27.02.08



Just picked this up looks like the Byford was at Invergordon a shade longer than expected commencement of rig move 27.2.08

Well this is the oil business after all, when does anything run on time ;-)

[barrywhit] 26/2/2008 16:58

Can't help Haydock, sorry.......they have updated their website.......contact Jefferies International.........

[haydock] 26/2/2008 12:10

The jefferies research note referred to in the header, does not seem to be accessible on the web page any more?
Can somebody provide a link please, I want a second read in on this company.

[wookie77] 26/2/2008 11:33

British Bulls......a blue finish will confirm bullish trend! Woo Hoo! They got the last two signals wrong though...lol! 3rd time lucky? :-)


Genesis Petroleum Corporation PLC
Daily Commentary


Our system posted a BUY-IF today. The previous SELL recommendation was made on 28.01.2008 (28) days ago, when the stock price was 21.5000. Since then GPC has gained 12.79% .



A bullish pattern has developed and a BUY-IF alert is issued today.

[barrywhit] 26/2/2008 10:37

Cheers Jimarilo...perhaps GPC could update it's shareholders. moving upwards nicely now...........

[jimarilo] 25/2/2008 18:38

Byford Dolphin – Rig Move

Please be advised that the semi-submersible rig "Byford Dolphin" is now planned to undertake a tight tow transit from its current well location in quad 9 part block 3b to Invergordon Shipyard, where it will undergo repairs.

The tow to Invergordon will commence on or around the 5th of Feb 2008, depending on weather and sea state conditions.

It is anticipated that the rig repairs will be completed and the tow to 14/18b will commence on the 15th of February 2008.

The Byford moved around the 1st Feb, initialy thought too 14/18b for Ithaca Energy however it seems it headed to the Invergordon/the Cromarty Firth for repairs

There has been no spud RNS as yet from Ithaca but one is expected anytime for the Athena field 14/18b the previous well in this block took around 30 days to drill

Adding to this Dana also have a rig slot booked for the Byford, so is anyones guess who gets it next

[wookie77] 25/2/2008 17:58

I wonder whether we could expect news re. below......not much left of Q1 2008!!!

Genesis Petroleum retains AGR Petroleum to drill first UK well in Q1 2008


LONDON (Thomson Financial) - Genesis Petroleum Corporation PLC said it has
retained AGR Petroleum Services to drill its first UK well in the first quarter
of 2008.
The company said it has agreed with AGR on the price and availability
regarding the Byford Dolphin drilling rig, and it expects to finalise other
technical and commercial terms over the next few weeks