Offshore Hydrocarbon Mapping Share Discussion Threads

[ninalog] 13/12/2009 14:25

Well what other reason is there? Stinky stinky ;-)

nina

[gwr7] 11/12/2009 15:49

A balanced post by nina's usual standards.

[markth125] 08/12/2009 13:30

wtf, 206 sale at 6p, why???

[markth125] 08/12/2009 13:17

Any suggestions?

[deanroberthunt] 08/12/2009 12:50

placing took place 200% higher.......somethings afoot imo.

[ninalog] 07/12/2009 21:00

well obviously 0p is the bottom! I do like these stocks where there is a 'overhang'!! Translated as 'it won't stop going down so make it look a technical fall'. I may throw some silly money at this at say 2.5p.

nina

[robson1974] 07/12/2009 15:35

there has been some discussion here lately of the overhang and potential reasons for it

FYI FWIW

CHL (churchill mining) have had an RNS today where Lehman Brothers (in insolvency) have announced a transaction from 15th September 2008 !
which they have announced now !

[wattzy] 07/12/2009 14:30

Why no rns about the appointment, anything positive should be released.

[robson1974] 07/12/2009 14:29

This guy has a very good CV

Added Dr. Arthur Cheng:
"I am delighted to have the opportunity to join such a top notch organization as OHM. I look forward to working with our team to develop new technologies and applications in CSEM, seismic inversion and rock properties modeling."

Arthur C.H. Cheng received a B.Sc. with Distinction in Engineering Physics from Cornell University in 1973, and a Sc.D. in Geophysics from MIT in 1978. He was one of the co-founders of the Earth Resources Laboratory at MIT, and Project Leader of the MIT Borehole Acoustics and Logging Consortium. He joined Western Atlas (now Baker Atlas) as its Manager of Acoustic Science in 1996, and served in various technical managerial roles at Western Atlas and Baker Hughes. Since 2000 he has been a Founder and Director in Cambridge GeoSciences, consultants in borehole geophysics and petrophysics.
Arthur is currently the Vice President of the Society of Exploration Geophysicist (SEG). He is also an Associate Editor for Geophysics in Borehole Geophysics and Rock Properties, and a member of the Advisory Committee for the SEG Beijing Office. He has published over 90 technical papers, and co-authored three patents and two books on borehole acoustics. He has helped organize over 20 SEG and SPE summer, international, and post-convention workshops, symposia, and forums.

[alcatraz10] 07/12/2009 12:56

dean

uve proved yourself a numpty. filtered

[gwr7] 07/12/2009 12:33

Arthur will report directly to OHM's Chief Scientific Officer, Dr. Lucy MacGregor, and will assume responsibility for directing OHM's research effort, including management of the WISE and LFP consortia.

I'd have thought Lucy MacGregor was being paid to direct the research effort.

[deanroberthunt] 07/12/2009 12:21

another expensive mouth to feed...........

[gwr7] 07/12/2009 09:42

I doubt if stockbrokers see their role as protecting the public.

[ninalog] 07/12/2009 09:15

no volume and no hope i feel for those trapped in here from a few weeks ago.

nina

[comedy] 06/12/2009 19:32

navyan what do the charts predict??

now ninanona run along and get soem doggy biscuits.thers a good little girl...ps if you have nay influence on share price could you get to 1p so i can buy a million shares please?..easiest way to pay off the seller..not happy to pay seller the current share price as they will stay here too long...so a nice dump in share price pre christmas and the 2 of you can go and get yourselves a few prezzies and the rest of us can enjoy the ride up;)

[ninalog] 05/12/2009 21:38

just highlighting the dangers of following the ramper/pump n dump merchant/multi handled robandsons74.

nina

[bones30] 05/12/2009 21:37

Just to remind you there's no point you posting here:

ninalog - 5 Dec'09 - 21:35 - 1040 of 1040 (Filtered)

[ninalog] 05/12/2009 21:35

34 posts since i last looked in to robandsons latest failed ramp, (anyone following him in about 3 weeks ago has now lost half their cash! Yes 50% in 3 weeks). I suspect this will drag along the bottom until another round of fundraising and the dreamers can say they own even more of the company!!
Poor robandsons! Hopefully his christmas stocking will be filled with trading/investing books from his mummy, aggh bless the poor liccle bleeder.

nina

[robson1974] 03/12/2009 15:44

Oil services M&A

a couple of interesting things

1) about 15x current year EBITDA to date ! $210m for $13m of EBITDA
2) PGS get $180m+ of cash to spend on their 'marine geophysical unit'

HOUSTON, TEXAS and OSLO, NORWAY- Geokinetics Inc. (NYSE Amex: GOK)
and Petroleum Geo-Services ("PGS")(OSE: PGS) today announced that
they have signed a definitive agreement under which US based
Geokinetics, a leading provider of seismic data acquisition,
processing and interpretation services, will acquire the onshore
seismic data acquisition business and onshore MultiClient library
business (PGS Onshore Business Unit) of PGS in a cash and stock
transaction valued at approximately USD 210 million, of which
approximately USD 184 million will be paid in cash. PGS expects an
estimated gain on the transaction in the range of USD 10 - 20 million
to be reported in Q1 2010.

In 2008, PGS Onshore generated USD 74.2 million in EBITDA on
revenues of USD 273.1 million. For the nine months ended September
30, 2009, it generated USD 13.4 million in EBITDA on revenues of USD
136.2 million. PGS Onshore had an order book of USD 196 million as
of September 30, 2009. (Figures are according to International
Financial Reporting Standards, IFRS).

Jon Erik Reinhardsen, President and Chief Executive Officer of
Petroleum Geo-Services comments: "The combination of PGS' and
Geokinetics' competence and market presence will create a new force
in the onshore seismic industry. As a future key shareholder, we are
excited about the growth potential and leading market position of the
new Geokinetics. This transaction will add value for our
shareholders, our employees and our customers."

Mr. Reinhardsen continues: "At the same time, this transaction
establishes PGS as a focused marine geophysical company. The
strengthened financial position of PGS will further allow us to
continue to develop the most efficient fleet and leading edge
technology in the industry."