Gulfsands Petroleum Share Discussion Threads

[g2theary] 29/11/2016 10:53

Back to red in 30 min ... any takers?

[g2theary] 29/11/2016 10:52

Here is the drop lots of big delayed trades... how low will it go...

[richie666] 29/11/2016 10:06

Andy - u need to do some research. Over 90% held by Waterford Griffths and Asfari. Almost no free float. THEY are in charge here.

[shujja1] 29/11/2016 09:54

This is a hold with out any questions a few months to see real value of any kind

[g2theary] 29/11/2016 09:46

Get ready for 8.5p

[andyr42] 29/11/2016 09:44

Agree, if things become more stable in that tragic region, then its very much undervalued. Let's see, looking to add...

[shaws67] 29/11/2016 09:38

Up again, very nice. Wonder if the company will issue a note saying they don't know the reason for the sustained rise?

Anyway, roll on.....lots and lots of upward movement to come hopefully. Especially now Syria is needing rebuilt

[shujja1] 29/11/2016 09:33

We only worth 40 million market cap yet not even 10% of value

[shujja1] 29/11/2016 09:29

Long way to go it's rerating

Emerald Energy PLC was sold for GBP532.1 on block 26 Syria we own 50% also GPX is worth same or more when EEL was taken over block 26 was only producing 16500 bopd and when production was closed down 33,000 bopd

[g2theary] 29/11/2016 08:59

First cheeky one at 7p

[g2theary] 29/11/2016 08:51

I can assure you with TD I couldn't ... I'm full for the day now

[andyr42] 29/11/2016 08:48

There are over 500million shares in issue, so why are people saying difficult to buy? BS Merchants out there, stop misleading people AHs.

[shujja1] 29/11/2016 08:36

Yep they put a spread to fill a order

[comedy] 29/11/2016 08:29

slingshot up??::))

[g2theary] 29/11/2016 08:26

Just got 25k

[comedy] 29/11/2016 08:24

lol ive nipped in and got the 50k just after the sell:)...otherwise couldnt even buy 10k???::)) rerate continue today:)

[shujja1] 29/11/2016 08:23

Am trying to buy also

[g2theary] 29/11/2016 08:22

I'm trying to top up 200k

[falia] 29/11/2016 08:17

impossible to buy again

[falia] 29/11/2016 08:09

HERE WE GO FAKE DROP OUT OF THE WAY

[joestalin] 29/11/2016 07:46

I presume that the oil is still there in the Khurbet field and that nobody has taken it? In time, this should be back over £1.

[shujja1] 29/11/2016 00:27

acquired Emerald Energy PLC last year for GBP532.1 million. This deal gave it a 50% stake in Syria's Block 26, which contains the Khurbet East field, which is producing around 16,700 barrels of oil a day. International oil companies such as Royal Dutch Shell PLC (RDSA), Total S.A. (TOT), U.K.-incorporated energy company Gulfsands Petroleum PLC, Russia's Tatneft and India's ONGC Videsh are also working on oil and gas projects in the country. -By David Winning, Dow Jones Newswires; [phone]; [e-mail] (Hassan Hafidh in Amman contributed to this article)

[shujja1] 29/11/2016 00:26

Old but great read for what this is worth .

Sinopec Group Buys Data Package For 8 Syria Blocks -Source By David Winning Of DOW JONES NEWSWIRES China Petrochemical Corp., known as Sinopec Group, has purchased the data package for all eight onshore blocks offered by Syria in an international bid round, a person familiar with the matter said Tuesday. Sinopec has formed a team in Beijing to evaluate the blocks technically but hasn't decided yet if it will bid, the person told Dow Jones Newswires on condition of anonymity. The move underscores how Chinese energy companies are still hunting for opportunities abroad despite completing deals worth a record $16 billion last year, as they capitalized on low corporate valuations triggered by a collapse in oil prices and tight access to credit. China has also signed a string of multibillion dollar oil-for-loans deals with resource-rich countries such as Russia, Brazil, Venezuela and Kazakhstan to secure preferential access to the energy supplies it needs to fuel an economy growing around 10% annually. Sinopec already has a toehold in Syria's oil sector. Its $2 billion acquisition of Toronto-listed Tanganyika Oil Ltd. in September 2008 secured it operating interests in two Syrian oil blocks--Oudeh and Tishrine. Gross output from these blocks in the first half of 2008 was 16,670 barrels a day. Syria's ministry of petroleum and mineral resources is offering production-sharing contracts to explore blocks 3, 4, 5, 7, 12, 14, 16 and 18, located mostly in the eastern and northern parts of the country. The closing date for receiving offers is by 1400 local time on Sept. 15, 2010 and companies should submit qualification documents by June 1, 2010, according to the ministry. Syria aims to boost its crude oil production, which has declined from 590,000 barrels a day in 2006 to 380,000 barrels a day currently. Its natural gas production stands at 25 million cubic meters a day. Sinopec--the state-owned parent of Hong Kong and Shanghai-listed China Petroleum & Chemical Corp. (SNP)--has struggled to maintain oil output from the fields it acquired via the Tanganyika Oil deal. Both the Oudeh and Tishrine fields are carbonate reservoirs containing heavy oil--the sludgy, thick crude that most refineries can't process unless it is blended with lighter grades. Syria has become a target for Chinese oil companies seeking access to Middle East oil supply and markets. China National Petroleum Corp., which entered the country in 2002, has a production sharing contract for the Gbeibe oil field and a stake in the Al-Furat project. CNPC is the parent of PetroChina Co. (PTR), China's largest listed oil company by capacity. Sinochem Corp, China's fourth-largest oil company, acquired Emerald Energy PLC last year for GBP532.1 million. This deal gave it a 50% stake in Syria's Block 26, which contains the Khurbet East field, which is producing around 16,700 barrels of oil a day. International oil companies such as Royal Dutch Shell PLC (RDSA), Total S.A. (TOT), U.K.-incorporated energy company Gulfsands Petroleum PLC, Russia's Tatneft and India's ONGC Videsh are also working on oil and gas projects in the country. -By David Winning, Dow Jones Newswires; [phone]; [e-mail] (Hassan Hafidh in Amman contributed to this article)

[g2theary] 28/11/2016 23:01

Post 5029 ... say no more ?