Global Petroleum Share Discussion Threads

[jimarilo] 24/5/2019 23:39

It appears wells have been drilled above the Aptian Shale and should have drilled through it. Which is what they said with the Welwitschia 1A well, "they did not reach the deeper targets"

"In Namibia, it’s interesting that ExxonMobil has taken a large new acreage position in the Namibe Basin in Northern Namibia where north of the Walvis Ridge there is some salt. In the Walvis basin and essentially totally undrilled Luderitz Basin though, there is now also clear evidence that many of the historic wells were drilled above the Upper Aptian Shale, which appears to be over pressured and could be acting as a seal. Equally interesting is the fact that the few wells drilled below the seal in the right parts of these and the Orange Basin to the south all found hydrocarbons where the wells encountered any reservoir. New wells that will test this concept will almost certainly result."



"New wells that will test this concept will almost certainly result"

[jimarilo] 24/5/2019 08:36

Slew of drilling plans..

[jimarilo] 23/5/2019 08:52

Calima selling Namibian oil licence for up to USD$12m to Tullow



Update so far from the Summit

[jimarilo] 23/5/2019 08:16

E&P Summit

Don't think Seapulse has mentioned drill locations in their presentation, but did say they have 88k sq km in Namibia and SA. (got this info from someone attending the Summit)

There must have been an over run as Azinam don't seem to have presented yet. Lets see if they are going to spill the beans today

Clearly Seapulse and Azinam are the same group, thing is......... Azinam's blocks only add up to 75490 km2

Clearly there is a short fall with Azinams blocks alone, so what blocks have they gained ??

(add GBP's 11608 = 87098 just a thought. bucket of salt required ?)

[yesyesno] 21/5/2019 21:45

Truth hurts.

[jimarilo] 21/5/2019 21:23

YESYESNO
21 May '19 - 20:29 - 7020 of 7020 (Filtered)

[yesyesno] 21/5/2019 20:29

You are a lier and an idiot then.

[yesyesno] 21/5/2019 18:45

You are an idiot with a massive loss position, don't take it out on me. But it makes a change from your delusional ramping I suppose.

[jimarilo] 21/5/2019 18:24

Ok there were more shares traded at the bid price than were at the offer

That any better for you ?

Surprised you didn't type that post in capital letters....obviously a remoaner lol

[yesyesno] 21/5/2019 17:19

There are no such things as buys and sells there are only trades which are made up of one buy & one sell. People who base their strategy on such rubbish as "more buys than sells" should never be allowed to risk their money here as they don't understand what they are doing.

[jimarilo] 21/5/2019 16:49

Strange day, an rns with old news, more apparent sells than buys and up 16%

Whatever next ?

[jimarilo] 21/5/2019 00:08

Just out, but old news

Global Wins Further Appeals Against Environmental Decrees in Italy



Hopefully more news later this week

[jimarilo] 15/5/2019 21:07

Seapulse announcing their attendance next week at the E&P Summit



Details of the Summit, features GBP

[investoroilandgas] 11/5/2019 17:00

Indeed....Cormorant 1 well in PEL 37 was drilled in September 2018.
Global Petroleum share price 52 week high 4.05p 21 September 2018.

[chopsy] 11/5/2019 16:05

It did last time.

[jimarilo] 11/5/2019 15:12

No could be about it..... at least 4 wells this year in Namibia

Total/Impact Oil & Gas, Shell/Kosmos and two from Seapulse

Location of the Seapulse wells are not confirmed as yet, but PEL30 Eco/Azinam looks favourite imo, combined with possibly PEL44 Exxon/M&P/Azinam

Seapulse presenting in 11 days at the E&P Summit and their website due to be online this month, so hope to hear locations soon

Will drilling the adjacent block to us, have an impact on our share price ?

[joestalin] 11/5/2019 13:36

It is thought that....could be announced in 2019.

I love these 'could' stories.

[investoroilandgas] 11/5/2019 12:24

Thank you to Jimarillo and Marmited on lse for the research detailed below:-
Planned Namibian offshore drills:
- Shell and Kosmos
- Total and Impact Oil & Gas

Seismic work
Azinam/ECO - PEL 34 has also had 3D completed.

It is thought that further planned Namibian drills (possibly two driils, subject to confirmation) could be announced in 2019.

Global Petroleum owns two offshore Namibian licences, the company is currently seeking Farm out partners.

[yesyesno] 11/5/2019 09:31

Nice to see some real discussion rather than a love for criminals on here :-)

[joestalin] 11/5/2019 07:04

Yes, but we are hardly crowding out stuff which is actually newsworthy.

[glavey] 11/5/2019 01:26

Are we not rather off topic chaps?