Global Petroleum Share Discussion Threads

[aimshares] 24/1/2020 18:09

Yep great closing price have a good weekend all :)

[jimarilo] 24/1/2020 16:48

Nice finish again, both for GBP & TRP

Quarterly report Thursday/Friday next week

[iamgreat1] 24/1/2020 15:31

Until placing sub 2p

[jimarilo] 24/1/2020 14:32

Oil Firms May Stake $30bn On Exploration This Year Read more at:

[aimshares] 24/1/2020 14:24

Holding well over 2p

[jimarilo] 24/1/2020 13:14

PGS just given a bum steer and not turned, but just gone into the Exxon block 1811B, so still on trend

[costax1654x] 24/1/2020 12:29

Keep an eye on Orm it might do a bagger in few days!Based on Cash

[jimarilo] 24/1/2020 12:11

As predicted.......The PGS vessels are currently doing an about turn at the Northern border of TRP block 1911

Heading South back to GBP blocks and hopefully PEL29

Edit: Maybe a false alarm seem to have straightened up ;-)

[jimarilo] 24/1/2020 12:08

Quite right not much cash, but we are on the cusp of a deal which will be part cash.

The directors hold c.45%, a placing would have an even bigger impact on them than on us PI's

[iamgreat1] 24/1/2020 11:56

During the year ended 30 June 2019, the Group recorded a loss after tax of US$1,734,589 (2018: US$1,965,570). The cash balance at 30 June 2018 amounted to US$2,786,791 So cash was $2786791 in June 2018. How much is left ?

[iamgreat1] 24/1/2020 11:53

Well if they haven't done one then Expect it

[jimarilo] 24/1/2020 10:50

Some on another bb didn't realise that GBP have already stated they are in talks with counter parties regarding the farmout of both our Namibian blocks on two separate occasions

This coincided with the timing of similar statements from TRP.....coincidence ??

[iamgreat1] 24/1/2020 10:43

When is next placing

[jimarilo] 24/1/2020 08:49

Indeed, long way to go yet ;-)

[aimshares] 24/1/2020 08:41

2p broken :)

[jimarilo] 24/1/2020 08:31

Later today, or a least the weekend I expect to see the PGS vessels run into PEL29, GBP's flagship block......this would be serious news, even more than currently

[jimarilo] 24/1/2020 08:19

S19.18/E11.14 this is the current location of the PGS vessels still heading north in TRP block 1911, not much further before the turn around and another sweep south

[jimarilo] 23/1/2020 22:38

At some point the penny will drop ee ;-)

Apparently there may be a reference in the up coming report

Currently, quite a pattern going on here and continuing the trend the PGS vessels have now come through our 2011A and into TRP block 1911, just off centre and leaning to the western side, which I imagine will be covering Alpha and Gamma prospects, that follow on from our own Welwitschia Deep (Pervously called Delta on the TRP presentations and CRP's).

What happens next will be interesting, but I guess they will turn and double back within the same fairway and through GBP blocks again

The main constant so far, is this fairway connecting , TRP & GBP to PEL82 Exxon/Galp

Edit: I am trying to be as Corporal Jones would say, "nonchalant", but inside is screaming something quite different ;-))

[emptyend] 23/1/2020 20:25

3p+ very soon, I think.....Update next week?

[jimarilo] 23/1/2020 16:35

Agreed this looks to be building into something quite different, than we have been used to here ;-)

Wait till the herd get hold of this ....

[aimshares] 23/1/2020 16:30

Yep can sell all 1 mill holding all at 1.77 and can only buy max 60k shares a very good sign .

[jimarilo] 23/1/2020 16:20

Online bid just gone up 1.77p and size ;-)

[jimarilo] 23/1/2020 13:13

PGS have now crossed into our PEL94/2011A, (S20.29/E11.40)following the fairway from Exxons licence PEL82, inside the 1000m contour line, again this is significant news imo