Gulfsands Petroleum Share Discussion Threads

[mr genel energy] 21/12/2016 22:13

That's good enough a sign because it could be indicative of the ability of the Trump Administration to steer the situation towards a rapid enough unfolding of the political process (in Syria)," Churkin said, again stressing that it was just his “personal interpretation of events.”

He said that Russia is ready to cooperate with Nikki Haley, who Trump plans to propose for the next US envoy at the United Nations.

“She’s a quite young governor of South Carolina, lacking international experience, but I heard some good comments about her,” the Russian envoy said.

[mr genel energy] 21/12/2016 22:11

things seem to be moving fast.


hxxps://www.rt.com/news/371188-russia-syria-saudi-trump-un/

[richie666] 21/12/2016 18:29

U need some company Mr Genel. To answer your question whether anybody done any sums on GPX value under assumption of pumping oil again, see here -

[mr genel energy] 21/12/2016 16:20

A little-known Chinese group has emerged as the mystery party behind a £485m takeover bid for San Leon Energy, a London-listed oil explorer.

Sky News understands that Geron Energy Investment lodged an 80p-a-share indicative offer for San Leon in recent weeks.

Talks about the bid from Geron Energy are ongoing, prompting a statement on Monday from the board of San Leon which confirmed that it had "received an approach from a possible offeror, which may or may not lead to an offer being made for San Leon".

The interest from the Chinese bidders came months after San Leon raised money through a share placing at 45p, slightly below the level at which the shares were trading on Wednesday.

Investors in San Leon would welcome a bid at the indicative level of 80p, given that it is at a substantial premium to a share price which has already risen by 45% this year.

San Leon's operations are focused on oil and gas development in Africa and Europe, including a near-10% stake in a major oil-producing asset in Nigeria.

Earlier this year, the company announced the appointment of Mutiu Sunmonu, the former head of Shell Nigeria, as its new non-executive chairman.

San Leon said the completion of the Nigerian deal will result in it returning 50% of free cashflow to investors over the next five years, with sources previously suggesting this distribution policy could involve as much as $260m (£200m) being handed over in the form of dividends and a share buyback.

Headquartered in Ireland, it also has operations in Albania, France, Morocco, Poland and Spain.

A San Leon spokesman declined to comment on Wednesday.

[mr genel energy] 21/12/2016 16:10

GETTING THERE... BUT SLOWLY....JUST WAITING FOR DONALD TRUMP TO GET INTO THE WHITEHOUSE... ME THINKS.






Russia, Iran and Turkey have agreed to help broker a Syrian peace deal after they held talks in Moscow yesterday.

The three countries adopted a declaration setting out the principles that needed to be adhered to.

Russian Foreign Minister, Sergey Lavrov, said that an agreement had been reached. The priority was to fight terrorism rather than to remove the Syrian regime led by Bashar Al-Assad.

The declaration stated that any settlement over Syria had to respect the country’s territorial integrity.

Russia’s Minster of Defence, Sergey Shoigu, referring to the principals as the “Moscow Declaration”, said that the trio was confident it would revive the moribund peace process.

“Iran, Russia and Turkey are ready to facilitate the drafting of an agreement, which is already being negotiated, between the Syrian government and the opposition, and to become its guarantors,” the declaration said.

Other countries have been encouraged to adopt the principals. The declaration said: “They [Iran, Russia and Turkey] have invited all other countries with influence over the situation on the ground to do the same [help get a deal]”.

The meeting went ahead despite concerns that it would be derailed by the assassination of the Russian envoy to Turkey.

Pointedly absent from the discussion was the United States and Lavrov took a swipe at Washington by claiming that it had been unable to make good on previous deals reached in Syria.

The move underlines the growing strength of Moscow’s links with Tehran and Ankara, despite the murder on Monday of Russia’s envoy to Turkey Andrei Karlov.

[mr genel energy] 21/12/2016 13:37

IN 14 DAYS I MADE NEARLY £3100.i then put the money in BOWLEVEN around and then i lost all my profits as i thought Bowleven was a safe investment and there were BID RUMOURS going around.


thats when it was shooting up because the rebels at that time had got close to Damascus and it looked like they were going to win.

but what happened was that the west backtracked and look at the situation now.
worse than ever.

[mr genel energy] 21/12/2016 13:27

some were trying to pump it to 20p to 30p but it did not work out for them so it looks like they have taken their profits and left and moved on to COPL.


i have basically bought on the assumption that the Syria crisis will be over sometime next year.

especially as Donald Trump is friendly with Mr Putin.

once Syria crisis is over then this can easily go to around 30p-50p.(old price would have been around £2 but since then more shares have been issued)

its not for widows and orphans but gamblers.

last time i bought these were when these were around a 79p back in december 2012 but i sold out around £1.10p.

[mr genel energy] 21/12/2016 12:06

some buys gone through..
could that be the ramping crew??

[mr genel energy] 21/12/2016 11:51

just waiting to fall further and then the ramping brigade will be here.

probably around 6p/7p

[mr genel energy] 21/12/2016 11:50

knew it was a gamble.
already down.
i paid 8.33p.

TO MR MARKET.
i can hold for 6 months.
all fully paid shares.

[mr genel energy] 21/12/2016 10:28

very old news.but you have rough idea of valuation here.this could easily be a 5 baggar if stability returns to Syria.not for widows and orphans.only for GAMBLERS like me.this is a good 5/1 punt.

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Chinese takeaway rumours continued to get punters in Gulfsands Petroleum hot under the collar.
Shares in the oil explorer gushed to 260p on revived talk of a hostile £386million or 325p-a-share cash offer from Chinese state-owned oil company Sinochem, before closing 5.25p better at 254.5p.
Every man and his dog has been expecting a bid for Gulfsands after its 50-50 joint venture partner in Khurbet East in Syria, Emerald Energy, was swallowed by the Chinese in a £532million cash deal.

[mr genel energy] 21/12/2016 10:12

market cap is £45m


before the war they were producing 25,000 barrels

GPX share was 12,500.

now a company producing 12,500 with no debt what would the market cap be if there was no war

any boffins out there.

[mr genel energy] 21/12/2016 10:01

was gonna buy these were 3p but missed the boat.still reckon cheap at 8.33p if syria conflict is concluded next year.
Raqqa is the big one.

just waiting for TRUMP when he comes to the whitehouse.he will wipe them out in Raqqa.

[glenbo1] 21/12/2016 09:21

Morning g2theary I am arranging your drink order.I bought in COPL at 1.6 so I am very happy This will come good in the new year In my opinion.