Investors' Room :: GENEL; Tony Hayward former BP,back in the oil business. - MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2

niceonecyril - 26 Dec 2011 18:34

Chart.aspx?Provider=EODIntra&Code=GENL&S

mitzy - 18 Oct 2012 17:03 - 101 of 360

You may be right about BP we will see.

cynic - 18 Oct 2012 17:09 - 102 of 360

would BP and their shareholders really wish to become re-associated with Tony Hayward? ...... merely an observation

mitzy - 19 Oct 2012 08:26 - 103 of 360

This director who bought 160k now has a total of 400k thats in the co..its enough.

mitzy - 19 Oct 2012 16:47 - 104 of 360

A great week for all connections.

HARRYCAT - 23 Oct 2012 08:45 - 105 of 360

StockMarketWire.com
HSBC has downgraded its recommendation on oil producer Genel Energy (LON:GENL) to "neutral" from "overweight" as the recent price movement has taken the shares beyond the broker's target price. The City broker has increased its share price target to 830 pence from 816 pence.

required field - 23 Oct 2012 08:50 - 106 of 360

Isable this one.....which is nice...one thing that Iraq and Kurdistan have : is oil and loads of it....

cynic - 23 Oct 2012 08:56 - 107 of 360

ah well, if the russians spark off a war in iraq as MrP promisesis a racing certainty within a very short time (it moves about a bit), then all our stocks - except those in FI of course - will be worthless

niceonecyril - 23 Oct 2012 09:19 - 108 of 360

A another C&P.

TH gave a lecture tonight at a posh school here is a report about it from iii

23:47
Re: first gkp mini meet
onlookout
1

Yep, was good meeting up - a really enthusiastic group (as you might expect) and a pleasure to meet you all.

It was a 1/2 hr lecture with 1/2 hr of Q/A's, so we were somewhat limited to what questions we could pitch, especially given it was a mix of school/general public and not Pi centric. After the first Iraq specific question he did say 'ah, we have some people that know about oil here'

Interestingly he did mention Kurd independence when he first touched on Iraq, but then backtracked and clarified he didn't mean independence......and this was before he knew their were PI's in the audience. He did joke about someone from Bloomberg or Reuters being in the audience, but didn't realize that exposure to the GKP/BB would probably be worse!

As Claws mentioned, one question we DID get to him was a view on how the KRG/Bagdad thing would pan out, with the answer that Iraq would probably end up splitting up into its different sects. He answered without any hesitation, as though he really believed this view.

After the finish he had a few hangers-on in his vicinity - plus the entire 14-ish GKP/BB entourage! On congratulating him about his talk, and the lighthearted suggestion that some of our GKP proceeds would probably be coming to Genel, he suggested GKP had probably reached close to its valuation at £2.25. My interpretation at this point was that he simply couldn't have the conversation!

Please feel free to correct/add to anything I've said.

niceonecyril - 01 Nov 2012 08:31 - 109 of 360

ww.investegate.co.uk/Article.aspx?id=201211010700130379Q

mitzy - 03 Nov 2012 20:29 - 110 of 360

Are BP having a look..?

mitzy - 07 Nov 2012 09:35 - 111 of 360

Not expecting a bid quite frankly at least not for a year or two.

mitzy - 12 Nov 2012 08:03 - 112 of 360

More news today.

dreamcatcher - 21 Nov 2012 09:02 - 113 of 360

Genel Energy again expands Morocco footprint
8:27 am by Jamie AshcroftGenel has a 75% stake in Mir Left and will be the operator

Anglo-Turkish oil firm Genel Energy (LON:GENL) has again expanded its footprint in Morocco.

It has signed a petroleum agreement with the Office National des Hydrocarbures et de Mines (ONHYM) for the Mir Left Offshore Block.

Genel has a 75% stake and will be the operator of the new offshore block, while ONHYM retains a 25% stake.

Initially Genel must acquire a minimum of 400 square kilometres of 3D seismic data and drill one exploration well over a three year exploration period. Beyond that there are two further exploration periods – for three and two years respectively.

"We are delighted to have signed this new block, further deepening our position in the fairway associated with the proven working petroleum system in offshore Morocco,” said John Hurst, Genel’s chief operating officer for Africa.

“We intend to commence the acquisition of 3D seismic in January 2013, with the aim of drilling our first well in 2014."

Mir Left spans 3,259 square kilometres, in water depths of 60 to 320 metres, and lies immediately adjacent to the Sidi Moussa block.

mitzy - 21 Nov 2012 09:10 - 114 of 360

Morocco could be big in time.

dreamcatcher - 21 Nov 2012 09:13 - 115 of 360

Certainly a lot of interest in that part of the world at the moment.

mitzy - 29 Nov 2012 16:14 - 116 of 360

Making up for last week.

mitzy - 29 Nov 2012 16:14 - 117 of 360