Global Petroleum Share Discussion Threads

[supercity] 06/5/2022 15:43

Nah not these shares

[supercity] 06/5/2022 15:35

TRP suddenly woken up - wait for the spike here when people realize it hasn't moved up alongside it yet.

[jimarilo] 04/5/2022 12:25

There is no question of oil that might have been there. Before Venus and Graff, the only previously discovered oil in Namibia was in the Walvis Basin

Apparently, previously high pressure found when trying to tap into the Aptian shale seal deterred deeper exploration. The new model has a 100% strike rate (5 out of 5), confronts the high pressure to reap the rewards

[fardels bear] 04/5/2022 11:16

But wasn't the intrusion of the Walvis Ridge post the genesis of any oil that might have been supposed to have been present in this area?What would that intrusion have done to any oil that might have been there?

[jimarilo] 04/5/2022 10:35

Indeed and again confirms the Aptian runs from the Walvis Ridge to South Africa

[emptyend] 04/5/2022 10:10

....interesting to see GBP referenced with a "more precise speculation" as to the Aptian.The Aptian is also important on the opposite side of the continent.One wonders what or whom has led GBP to think the Namibian finds are Aptian......might it be a dataroom visitor, for example?

[jimarilo] 04/5/2022 09:52

may be of interest to some

[jimarilo] 01/5/2022 10:23

From PCL's quarterly results "late" on Friday. Only since the recent major discoveries has there been this amount of interest

Namibia - Offshore
PEL 87 Orange Basin
 PEL 87 Orange Basin – - A data room has been established to facilitate a farmout
and four major companies have expressed an interest and are engaged in the
process.

[jimarilo] 01/5/2022 01:56

TRP gets it's unusual fair share of coverage here, as they are included in previous oil discoveries in Namibia, which has to rub off on GBP, being in the adjacent block

Venus, Graff wells open frontier oil play offshore Namibia

Growing regional demand for fresh energy sources driving E&P activity.

April 28, 2022

[emptyend] 28/4/2022 16:55

LOL.....watch :-)

[southway2] 28/4/2022 16:02

So with the bid deadline extending to unspecified time it's not had it's expected rise in anticipation of farmout.Expect it will now move to .50s and below.Aim hates doubt and drifting timescales. Long term possibilities here but not much going on for who knows how long now

[supercity] 26/4/2022 18:07

You are hardly going to say the share price could rise from here after posting yesterday that you sold out then saying it could go to 0.3p shortly after.The whoosh will come - mark my words.

[jimarilo] 26/4/2022 18:05

Phil Birch of unlisted Impact Oil and Gas of Woking, was responsible for bringing in Total

His net worth must have suddenly gone through the roof, stuff of legends

Who is next inline for the big time ??

Total have only drilled one well and here we have an estimate of over 11 billion barrels recoverable. History being made in front of our eyes !!

[emptyend] 26/4/2022 17:10

Yup.....I think that is exactly the position .....

[jimarilo] 26/4/2022 16:06

Just needs one of these minnows to get a deal done and the rest will follow, re-rating in anticipation

Just a matter of when .....not if !!

[stewarthogwarts] 26/4/2022 14:51

Until one of these did companies produces an rns which makes them a player the share price wnt go anywhere

[givmesunshine] 26/4/2022 12:24

Very good news with the extension - I agree that this would be seen as essential for farm in - and the fact the it's was agreed so quickly makes me think that there are interested parties.. I think we will get an RNS soon - not for a signed farming - but and extended round only with x interested parties - at the current Mkt cap the upside is quite huge - plus I understand there will be updates from the other basins soon

[jimarilo] 26/4/2022 12:12

Venus now thought to be 11.5 Billion barrels recoverable

Wow, Namibia wow!
Have your mind blown away.
#GBP #ECO #TRP @PetroleumGlobal


World beater: TotalEnergies' vast Venus discovery in Namibia may be biggest ever deep-water field, sources

[emptyend] 26/4/2022 12:04

Above 1.5p a share.....

[monis] 26/4/2022 11:51

Quite a lot of buys...

[genierub] 26/4/2022 11:41

Finally my GBP goes blue.
Bring on the news.