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Thanks Doug,
Mystery solved.
Bob
The holiday list, sort of...
http://www.asx.com.au/trading_services/asx-24-trading-calendar-2013.htm
I'm learning, sort of...
What is ANZAC day?
Bob
Australia day observed 1/28.
Brief mention in this piece, near the bottom.
Bob
http://seekingalpha.com/article/1134601-stansberry-s-badiali-100-pound-uranium-needed-to-satisfy-stealth-demand?source=email_portfolio&ifp=0
Folks over at Stockhouse are talking short squeeze. Not sure there are this many shorts. Could be a takeover play? I'm at a loss.
Bob
The Ocean Rig Olympia drillship has almost arrived in Ivory Coast. It was drilling in Angola for ToTal. Saw in that presentation that Tullow is planning a well off Ivory coast. RigZone still has this ship as drilling off Angola for ToTal. Wondering if it was leased to Tullow for Ivory Coast drill? Anyone have any details about the Tullow Ivory Coast drill or lease details?
http://www.marinetraffic.com/ais/shipdetails.aspx?mmsi=538004077
Bob
I dispute the second point of the Tullow analysis.
They are selling a couple of 'gas" blocks in the Southern part of the North Sea, but they are buying Spring with 28 Norway "oil" blocks all the way to the Barents Sea.
http://www.fool.com/investing/international/2012/12/11/tullow-oil-announces-372-million-norwegian-deal.aspx
Bob
Bet they rent.
Could be WEST POLARIS drillship. XOM drilling in Nigeria GOG. Last year XOM sublet it for TOTAL.
Could also be SCARABEO 9 platform. ENI operated Ghana area.
PACIFIC BORA Nigeria GOG for Chevron.
WEST AURIGA and WEST VELA, new builds late this year.
Bottom line too early to tell.
13 drillships in W. Africa and 21 semisubs (though most are not rated for water depth required).
Bob
Suspect this article has some effect today.
http://seekingalpha.com/article/1116031-3-oil-and-gas-stocks-with-recent-intensive-insider-buying?source=email_portfolio&ifp=0
Bob
Check stockhouse.com symbol T.GFS
About a week ago insiders bought a lot.
Check the bullboards for details.
Upper management was sacked last year and the SP tanked.
Losses were $39M in third quarter, and posters speculate 4th Q will be better. Hope so anyway. New CEO sometime?
Bob
Tullow made several moves today. http://www.reuters.com/article/2012/12/11/tullow-idUSASM0003SH20121211?feedType=RSS&feedName=financialsSector&rpc=43
I like that part about "light oil". Hope that means in E. Africa, Kenya perhaps.
Also pulled the plug on a concession in Guyana.
Anyone know anything about that Norway driller? Onshore or off?
Bob
The price action is why I never use stops. I'm still green and will buy if this goes to my average. That being said, now it never will go that low!
No problem, just about to punch the computer screen now!
How long does it take to test a 1/2 mile deep shale layer?
bob
I thought that was 30 Meters. 30M = 98.4Ft.
Lower 796M = 2611Ft = ~1/2 Mile.
So what is wrong here? Down about $1?
New Nov. Presentation!
http://www.asx.com.au/asxpdf/20121115/pdf/42b6qfp63nkv1j.pdf
Go Paccon!
Bob
Lots of financial/operational data released on 10/29. Op update:
http://www.asx.com.au/asxpdf/20121029/pdf/429rv09xt4t31h.pdf
tamtam, think this needs to be in the ibox?
Bob
GASFRAC mentioned in local article from Pa.
Drillers changing tactics away from water.
http://triblive.com/business/2752929-74/chemicals-gas-frack-fracking-drillers-benign-companies-nitrogen-percent-waterless
Bob
Mbawa info out, gas THERMOGENIC, news on ASX site.
Bob
http://www.asx.com.au/asxpdf/20121011/pdf/4299qqswhvmpl8.pdf
News Release out. L10A and L10B seismic update.
http://www.asx.com.au/asxpdf/20120919/pdf/428t1mlb83j34s.pdf
$1 USA= $1.0253Can as we speak.
$10.15C X .0253 = .256C.
10.15C + .256C = 10.40USA
Hope this helps.
Bob
Back to .18 cents on 13MM traded.
What type of gas? Is it wet? Any light oil mixed in? Is it a gas cap over oil? EDIT, Iforgot to ask about pressure?
Questions, questions, questions!
ITS GAS! 52M of it! 700M to go for second target.
http://www.asx.com.au/asxpdf/20120910/pdf/428lqmmwb3d93k.pdf
You the man! I still cannot fathom being put on a S&P index and not having any employees or revenue. Its majic coming here!
Bob
Doesn't matter, cannot trade it before AUX open Sunday night North America time. By the time NA opens the firewworks will be over.
I am betting on a big gas find shallow and unknown 700-800M below.
Bob
PCL has been added to the S&P/ASX 300 index as of 9/21.
Don't know how to take that. Its still halted as of a few minutes ago.
Bob
Trading Halt on ASX. News or Mon. 9/10, whichever comes first. Edit: Message 223, must be good news!
Bob
Hi scarbender,
Remember that is just North America. It trades in Sweden also. It is about 6 hours before eastern US market open (3AM New York time).
There are a couple of guys over at Stockhouse who post quotes. I am not able to translate, so I rely on their info.
Check the Bullboard tab.
http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=V.AOI
Hi tamtam. I found this over at the Yahoo message board. There is no source cited. just wondering if you might have run across this analysis of the well somewhere in your research? Interesting that they seem to indicate gas was forecast in the shallow part of Mbawa 1. It was posted about August 28th.
How is that grandchild doing? How about an updated pic?
Bob
FROM YAHOO PCOGF MESSAGE BOARD:
"Intruguing" signature
By concpumper.7 days ago.Permalink
.
Apache and partners are currently drilling the high-risk high-reward Mbawa-1 exploration well in Block L-08, offshore Kenya. This is the first well offshore Kenya that is drilled on 3D seismic data and has potential for both oil and gas across several play types at Cretaceous and Jurassic reservoirs. Mbawa-1, results expected by October-end, is targeting Pmean oil volumes of 200mmbbl gross and, if successful, it could de-risk several other prospects. Apache, the operator, sees 2.8bn boe gross potential in targets identified across multiple play types and several follow-on prospects. Apache and partners are focused on finding light oil in a Gas Prone area (visibly illuminated on seismic sections). The 2D and 3D seismic data show a possible double flat spot, a direct hydrocarbon indicator (DHI) that could be possible gas-oil and oil-water contacts. The companies expect the upper flat spot to be a possible gas-oil or gas-water contact, while a second flat spot 120m deeper is consistent with a possible oil-water contact. Tullow confirmed that there was an ‘intriguing’ signature in the 3D seismic that adds a certain level of assurance (combined with observed oil slicks in the vicinity), but explained that this is still a wildcat well and that these observations can only be validated by drilling. The existence of a working hydrocarbon system in the basin has been demonstrated by two previous wells – Simba-1 in 1979 that encountered gas shows in the Tertiary/Upper Cretaceous section and the Kofia-1 well in 1985 encountered oil shows.
Hi scarbender. The volume here is just AOIFF in USA going to Canada Venture Exchange. Go to Yahoo and look at AOI.V and AOIFF. Or in Canada, Stockhouse V.AOI to see total volume in North America.
Bob
A big gas find is not a death sentence. I read somewhere about a commercial field found south of Kenya recently. Do not remember the details. Will research.
Looking at last weeks trading, the news was leaking at least by Thursday.
Bob
Down 21%. Guess nobody wants gas.
Bob
News out. well at 2553M. Testing between 2000M and 2500m. Gas mentioned in release.
Bob
Edit: Forgot the link to the info page.
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=PCL#price
OT OT Have you eliminated wheat from that diet?
Bob
RMP halt extended until 8/27. News pending.
Horn news for SN well soon. RMP halted on ASX. RRS trading down 15%. RMP halt is for SN news or 8/23 whichever comes first.
RMP halted for SN news or 8/23 whichever comes first.
RMP halted for SN news or 8/23, whichever comes first.
Welcome stonehorse,
I bought a small piece of the 'frac about a month ago. I'm no expert, but I believe there will be a buyout in the next 6 months or so.
There is no water in Saudi. Silly me!
Bob