Global Petroleum Share Discussion Threads

[purple11] 22/1/2024 09:03

up 3.1% today

[purple11] 22/1/2024 09:01

xXTiPSXHEETSX

GBP BUY HOLD ADD


im in for a few gla

[tomboyb] 19/1/2024 12:54

Good start -

[cashandcard] 18/1/2024 13:39

Its at the bottom.Cash

[billthebank] 18/1/2024 12:37

Missed GBP

[cashandcard] 16/1/2024 23:49

In terms of Namibia exposure for smallcaps/Microcaps, my list is short and goes something like this;Sintana Energy (TSX:SEI) - the best collection of minority interests right in the heart of the action in the Namibian Orange basin, with blocks immediately North of Totals Giant Venus Discovery and Shells Graff discovery. Partnered with GALP on PEL83, where it looks like the breakthrough light oil discovery has been made at the large Mopane structure, where drilling is continuing to the deeper target. They are also prepping for a possible 10 well campaign with Chevron nextdoor in PEL 90 (immediately North of Totals Giant Venus Discovery) and likely later this year with Woodside Petroleum at PEL 87 aswell.ECO Atlantic (LSE:ECO)Great exposure in South African section of the Orange basin (3B/4B). That will get drilled, but they sure are taking their time in bringing a partner (with deeper pockets) on board. I would invest just for that campaign as the Orange basin has become the hottest exploration spot in the world with the scale of the fields very good aswell. They have some really good coverage in the Walvis basin, but again need a larger company to shoulder the costs and drill - so I am going to ignore that. Walvis basin is far from any meaningful breakthroughs. The exposure to Guyana also excellent if they can partner up their and get a drill campaign going it would be amazing.Pancontinental (ASX:PCL)A 20% interest in PEL 87 where Woodside have spent $AUD35mln on 3D seismic and other studies on the 'Saturn SuperFan' structure. Similar in nature to Totals Venus Superfan but much larger aerial extent (2,400km2). They think it's likely to have several targets, some possibly large, and the outside possibility of one giant target to rival Venus. Sintana also has a 7.5% carried interest here. But PCL don't really much else going on in the Orange basin beyond that. So it's very binary with this one block.BW Energy - Control Kudu gas field but not a fan of this company. Albeit they have other interests.TRP/GBP they have some decent ground but nothing else. Very binary and very limited options, they are limping along. A shame given all the years they've been involved. In the case of GBP, I like the fact management has changed but they've got their work cutout. It would be a punt until some meaningful action is prepared for the Walvis basin. TRP I don't like their management so I will ignore for now.Keep focused on the proven Orange basin, alot of wells are planned to be drilled in next 12 to 18 months and there is potential for alot of large-scale discoveries. These are just my thoughts.Cash

[tomboyb] 16/1/2024 09:51

Holding a few here -

COPL did pretty well -

Looking at GBP and others for baggers-

[oliversydney] 16/1/2024 09:44

I presume all the large volume and activity yesterday resulted from social media speculation but seems to have died down today. Unfortunately as always with this stock will drift lower without any firm news

[bob reno] 16/1/2024 06:34

You need to get out now, before the sell off

GBP are in the walvis basin, not the orange basin, which is a very long way south

[markingtime] 15/1/2024 14:29

Do the maths, lad. £1.6 million market cap versus potential gross prospective resources of 3.5bn barrels, in a country that is hot in terms of drilling results....

[glavey] 15/1/2024 13:58

Anyone might think you were attempting PROMOTING perhaps.

[markingtime] 15/1/2024 13:46

The bottom line here is unchanged. The assets remain an extremely cheap option for a larger company to pick up. EXTREMELY cheap.

[southway2] 15/1/2024 11:51

Those that bought at lows happy.All hot air and fluff for now .

[tomboyb] 15/1/2024 08:25

Nice buy -

[tomboyb] 12/1/2024 14:55

First time bidding at premium -

Did not go to the AGM but some interesting chatter on that -

[tomboyb] 12/1/2024 14:36

Bidding for stock -

[tomboyb] 12/1/2024 12:43

Could break upwards -

[markingtime] 10/1/2024 15:36

Galp find in Orange Basin.....stock up 15%https://www.upstreamonline.com/exploration/galp-stock-price-hits-four-year-high-after-major-oil-discovery-in-namibias-white-hot-orange-basin/2-1-1581311?utm_term=upstream

[thedickster] 09/1/2024 13:49

It's going up. Hope that helps pev.

[firestarter1] 09/1/2024 13:38

Move profits onto trp now

[firestarter1] 09/1/2024 13:18

Trp likely to move too

[peverill] 09/1/2024 13:13

What's happening???