Vedanta Share Discussion Threads

[davemac3] 04/1/2016 17:37

no it isn't

[onjohn] 04/1/2016 15:40

oil flying

[rubberbullets] 04/1/2016 08:43

Vedanta's Oil & Gas operations comprise the assets of Cairn India in India, Sri Lanka and South Africa.
Cairn India was rated as the fastest-growing energy company in the world, as per 2012 & 2013 Platts Top 250 Global Energy Company Rankings. The average gross production of Cairn India Limited for FY 2014-15 was 211,671 barrels of oil equivalent per day(boepd).
Cairn India is one of the largest independent oil and gas exploration and production companies in India, been operating for close to 20 years and is well positioned to reduce the country's energy import burden. Cairn India has been playing an active role in developing India's oil and gas resources. To date, Cairn India has opened 4 frontier basins with numerous discoveries, 37 in Rajasthan alone. The Mangala field in Rajasthan, discovered in January 2004, is the largest onshore oil discovery in India in more than two decades. Mangala, Bhagyam and Aishwariya fields – major discoveries in the Rajasthan block have gross ultimate oil recovery of over 1 billion barrels.
On 14 June 2015, Vedanta Limited (formerly known as Sesa Sterlite Ltd/Sesa Goa Ltd) announced its proposed merger with Cairn India Limited unanimously recommended by the independent directors, at both Vedanta Limited and Cairn India. The merger marks a significant step towards achieving our long-term vision of a simplified group structure and creation of long-term sustainable value. Consolidating our portfolio of Tier-I assets which, combined with strong management, will deliver superior returns for all shareholders and the combined entity is uniquely positioned to help unlock India’s wealth of world-class energy and mineral resources.

[rubberbullets] 04/1/2016 08:38

OIL
Saudi Arabia, Iran tensions over Shiite execution boost oil futures

[dlku] 02/1/2016 23:20

About to kick off

Oil and commodities could climb 20 per cent thisweek

[rubberbullets] 31/12/2015 08:44

Climbing nicely 274-7

gobbling a few down here

[binladin] 30/12/2015 12:56

Oil in free fall this should hit 250 soon...

[rubberbullets] 29/12/2015 13:56

up u go beauty

[binladin] 29/12/2015 08:47

Yes when the share price goes to 50 p...

[rubberbullets] 24/12/2015 10:13

Agrawol will bid in 2016

[dlku] 24/12/2015 09:44

took some more here

[beeezzz] 23/12/2015 21:23

Dollar to strength in 2016 which will have a downward pressure on $ denominated commodities. My guess is wait till we get target 2016 GDP for China this will have the biggest effect on commodities.

Saudi riyal is also coming under pressure from the $, they are having to use reserves to keep parity, can't go on forever.

[marcu saurelius] 23/12/2015 14:16

im a buyer sub 200p

[brutus8] 23/12/2015 10:30

If you believe India can simulate China then like me sit tight, suck it up, and you will be rewarded.Have a good one.

[rubberbullets] 23/12/2015 08:15

SIA flying could double that one

[onjohn] 22/12/2015 22:37

cracking buy here

[smurfy2001] 22/12/2015 21:49

So why is oil price down then?

2015 has been phenomenal: Oil analyst
15 Hours Ago

Amrita Sen, chief oil analyst at Energy Aspects Ltd, says oil demand in the past year has been phenomenal, with year-on-year demand growing by 1.8 million barrels per day, but this...

[onjohn] 22/12/2015 17:40

Mmmmmm such a good chart buy point

[smurfy2001] 22/12/2015 16:40

Luckily l invested in the lows for the long term but yeah best not to go all in and diversify if you do.

[beeezzz] 22/12/2015 16:29

And when oil rises....mining sector is pure trading now.

A friend has lost 96k on mining sector this year....and he is not a big player, so afraid be very afraid.