Global Petroleum Share Discussion Threads

[cashandcard] 20/3/2014 12:38

Consider this folks, the Mastrictian target at TRP's Delta prospect has a strong DHI. Based on regional data and actual discoveries, I suspect its probably Gas/Gas-Condensate. Now, its not really that interesting until you consider the size of the enclosure (1000km2+). The initial leads from 2D on GBP's blocks also look rather exciting, the sheer size and potential to replicate what could be next door has got to make you consider this after TRP's hype-powered rise.

Cash

[alex hawk] 20/3/2014 12:03

Question is are we just riding the TRP hype or are we being a bit more proactive in their drill...we shall see!

[nick rubens] 20/3/2014 11:53

One thing, when you've paid between 10p - 13p, it keeps you long term, as to trade out hoping to get back in could be an even bigger mistake than buying too early.

[aim999] 20/3/2014 11:44

Over the million volume and tick up 7p ask

[nick rubens] 20/3/2014 11:33

Is this coming out of the wilderness? I'm in at around lots of buys between 10p -13p some age ago. Can't believe it slumped so low but progress on exploration has been very slow to say the least.

[alex hawk] 20/3/2014 10:20

If I was guessing touch 7p back down to 6.25p and then break free. Close above 6.25p is crucial IMO

[philo124] 20/3/2014 09:59

Still holding .. for years.

[ifthecapfits] 20/3/2014 09:43

All 'O' trades and some reasonable buying. I think what this shows is that any reasonable volume and we could be off to the races in a major way. Nor ramp intended - just my view.

[aim999] 20/3/2014 08:58

On the move & a few tick ups!

[aim999] 19/3/2014 22:37

see - (GBP blocks 2010a & 1910a)Next door to Char & tower/arcadia blocks1) Blocks shown at http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=011458132) take a look at page 24 of this tower report see 'prioritized prospects'they are the in & right next to the GBP blockshttp://www.towerresources.co.uk/investor/files/anaystresearch_FDC_060209.pdf3) Look at page 17Oil seeps recorded in our blocks (and towers) also strucual high covering our and towers blockshttp://www.hrt.com.br/hrt/web/arquivos/Apresentacao_hrt_update_26092011_eng.pdfgood times here 'VERY SOON THE SONIC GBP BOOOOOOOM'Bring it on

[alex hawk] 19/3/2014 19:43

Yes been speculated before - maybe even an acreage swap on cards.If it was me GBP swap with TRP gives TRP a plan b and gives GBP a major catalyst.Quickly GBP get to 20p+ and recover costs of farm-in easily via placing and more perhaps in future to return the favour if TRP dust and fall on hard times. Personally think it may be too late but never know!

[aim999] 19/3/2014 18:56

Super that GBP is really waking up ahead of the drill.... Maybe they might even fund part of the tower drill as they share directors & major shareholders ..... Now that would be interesting

[howie50] 19/3/2014 12:13

Tower on the way back up! sell here & buy Trp, you know it makes sense!

[aim999] 19/3/2014 09:22

It is, positions taken

[papillon88] 19/3/2014 09:16

Looking interesting!!!

[aim999] 19/3/2014 08:13

On the move as tower drops

[p1nkfish] 18/3/2014 13:19

Might also be the European meeting pushing Govts to reduce barriers to drilling - read ITALY. There will be a few beneficiaries as there is a rush to reduce Russian dependency. Will take years but 17th March 2014 was a critical day.

[alex hawk] 18/3/2014 13:16

Should be a good run up to TRP spud, 4-5 weeks to wait!

[aim999] 18/3/2014 12:57

I suspect a bit of tower de risking will dip through here Usually on these drills the share price drops on spud & then gets all volatile

[p1nkfish] 18/3/2014 12:51

Bounced off 5.5p as a local double bottom?

[encarter] 18/3/2014 12:00

Have they done the farm out deal?

[aim999] 18/3/2014 11:57

Think you are right .... Positions been taken

[ifthecapfits] 18/3/2014 11:57

And as if by magic - there it is!

[alex hawk] 18/3/2014 11:56

Yes will take 200k @ 5.4p so plenty of demand now.

Shake over to fill the 2 x 100k and 1 x 185k orders, the worm is turning.