Global Petroleum Share Discussion Threads

[rayrac] 02/2/2022 11:06

Tullow have walked away from PEL90?

Sintana blocks are located close to Venus drill, Orange basin. Nowhere near gbp’s one block!

Another interesting block they have, is ‘close to RECO’s onshore interests’ Namibia. I feel that puts emphasis on RECO.

Obviously some of you missed out on the surge at fec/cgx. Next biggie might be aoi. In connection with The Venus drill.

But AOI are not all about Venus, it has some extremely interesting interests!

[jimarilo] 02/2/2022 08:41

PEL87 Pancontinental

PEL82 Galp Exxon

PEL83 Galp

PEL90 Tullow

[emptyend] 02/2/2022 08:30

The whole timeframe for the farmout has been fixed with existing finance in mind. Whilst a mere farmout would mean they will raise more money this year (unless the farmout includes a cash payment, which is probable, IMO), the possibility of selling the whole company remains until at least the end of March when bids close. In that case, there would be no need at all to raise more money....

[jimarilo] 02/2/2022 08:30

This was a cool move first announced back in September 2021, Sinatana takes out PCL's 15% free carry partner

Sintana Announces Execution of Definitive Agreement to Acquire Strategic Portfolio

The agreement was with Knowledge Katti's private company,Grisham
For $4m in cash and 35m Sintana shares (about $5m @ 15c)
Sintana will get 49% of Iter Oil
that have free carried interest in.
15% Pel 87
10% Pel 82/Pel 83
20% Pel 90



January 20, 2022

SINTANA ANNOUNCES AMENDMENT TO PROPOSED ACQUISITION OF PETROLEUM EXPLORATION LICENSE INTERESTS IN NAMIBIA





November 15, 2021

SINTANA PROVIDES UPDATE REGARDING ANNUAL AND SPECIAL MEETING AND PROPOSED ACQUISITION OF STRATEGIC PORTFOLIO OF PETROLEUM EXPLORATION LICENSE INTERESTS IN NAMIBIA

[emptyend] 02/2/2022 08:23

Read the last accounts, dude....

[hamidahamida] 02/2/2022 08:21

5 months since last placing, money must be running out this management has a history of taking advantage of strong liquidity

[jimarilo] 01/2/2022 17:02

Ray ......we are not all as stupid as yourself. Who in their right mind would de-ramp a stock that they were invested in ? ....DUH !!

[investoroilandgas] 31/1/2022 20:00

GBP derampers chipping in again today I see, what compels someone to continually post on a share which they have no financial interest in ?

[jimarilo] 31/1/2022 15:26

Most of the Walvis basin is in deep water, Venus is ultra deep

The Aptian shale seal varies in depth throughout the region, only 4 wells drilled through the seal in the Walvis basin and 3 of which either found oil or oil shows

1911/15-1 (1990s) encountered three source rock
intervals and recovered oil from Albian carbonates

Wingat 1 - oil recovered to surface

Cormorant 1 - wet gas signatures
(indicative of oil)

[billthebank] 31/1/2022 15:19

How long before this breaches 1p? This week?

[rayrac] 31/1/2022 11:59

Just take a look at all the Exxon blocks! All in deep water further offshore. Moneymunch keeps pumping trp, something he’s renowned for. But trp’s new block is sitting right over shallow water, along with gbp’s block.

Look at the geology. The oil is in deeper waters,eg, Venus and the Orange basin. Follow Exxon, Shell, Total, not what you wish for! Then look at AOI!

[supercity] 31/1/2022 10:19

Dummy sell and they are happy to take 3m in one go - bodes well for a rise

[southway2] 31/1/2022 09:51

So what if there was an orchestrated pump.They'll be another one.Plenty of news in next 8 weeks

[investoroilandgas] 31/1/2022 09:37

You have done it again RogerC1985, embarrassed yourself. The GBP share price is going up, update on Shell drill expected this week.
Do you own Global Petroleum shares?
GLA.

[rogerc1985] 31/1/2022 08:51

Funny how the pumpers have disappeared all of a suddenLast week was allAlive Now as they sold out at 1p all hon quiet and speculation of fund raise seems to be rightThe pumpers willReturn once they get their placing sharesSeems to be allThe usualPumpers

[southway2] 29/1/2022 18:21

So next week is hopefully a Namibia government announcement which should lift gbp and trp.Total must be nearing td so expect rumours there too.

[investoroilandgas] 29/1/2022 09:56

Late report from 8:50 Thursday 27 January 2022.

[emptyend] 29/1/2022 07:34

5 million shares at 0.905?

[oliversydney] 28/1/2022 10:45

The placing news came from a couple of posters who know nothing
As they are negotiating a farm in partner would not require to do a placing especially with news due next week

[billthebank] 28/1/2022 10:33

Looking forward to this rising back to 1p next week as FOMO builds.Such a low valuation GBP.Whilst now about the same c/v as TRP I prefer GBP.Lets see how the day unfolds!!

[jimarilo] 28/1/2022 10:29

Each to their own....nothing wrong with taking profits

The share price will take care of it's self when the news comes from Graff and Venus is looking like a winner as well

[billthebank] 28/1/2022 10:27

I sold a grands worth this morning as I was getting concerned about the placing chatter.Fortunately no harm down as I bought ADV!!!