http://www.gulfkeystone.com/ The firms exploration programme in Algeria is going well and "the shares look good value", say the Investors Chronicle. Your comments please. goal.

Ah, that answers why GENL was also down and now up.

another little gem trying to dive into the wastebin

You're beginning to sound like mitzy, only she uses less words! ;o)

sorry to report, but i have held these for far too long :-(

Don't do an Afren like i did cynic .

A chart pointing to 15p but will it continue to fall.

Aug 28, 201510:59 AM

[BEIJING] It was only a matter of time.

China's oil majors are primed to join the latest round of global energy deals triggered by the collapse in energy prices. PetroChina Co, the nation's biggest explorer and producer, said this week it's eyeing targets and in discussions about assets swaps in North America. Its rival, China Petroleum & Chemical Corp, Asia's largest refiner, signaled it's looking at overseas acquisitions.

The country's so-called Big Three oil and gas companies spent nearly US$119 billion from 2009 through 2013, accounting for 13 per cent of global transactions in the industry, data compiled by Bloomberg show. That slowed to a trickle last year. And they haven't spent a dime in 2015, watching from the sidelines as oil collapses and the deals add up.

"There's the international race to pick up cheap assets, so the Chinese don't want to be left out," said Gordon Kwan, a Hong Kong-based analyst at Nomura Holdings Inc. "They have a reasonably strong bunch despite the oil price collapse, as well as cheap access to government loans. They are certainly going to take advantage to buy more strategic oil assets, as well as whole companies." Oil's slump to a six-year low has prompted a wave of acquisitions.

http://www.oil-price.net/index.php?lang=en


http://www.bloomberg.com/news/articles/2015-08-30/oil-trims-gain-after-biggest-2-day-rise-since-2009-as-rigs-climb

Looks like the new board are making a big difference,with payments due to start this month and a new reserve update(CPR) shortly.



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Surprised nobody posted the webcast,well worth listening.

http://webcasting.brrmedia.co.uk/broadcast/55daf1b1f67ebc1c6ff85179

good progress today.

This looks like it just might have broken its 3 year downtrend....
Worth watching now for confirmation of the up tick!!!

wishful thinking i fear .... it's been at this level and higher in the last 2/3 months

Yes many false dawns over several years,however their seems to be a difference?
CPR(a couple of weeks?) should vastly improve P2 reserves,along with revenue(promised)on a regular basis.
This is my understanding of the SP recovery,so fingers crossed.

$15 million payment authorized for September...
http://mnr.krg.org/index.php/en/press-releases/480-mnr-authorizes-payments-to-the-exporting-international-oil-companies

80% to GKP

http://mnr.krg.org/index.php/en/press-releases/480-mnr-authorizes-payments-to-the-exporting-international-oil-companies

From MOL presentation

AKRI – BIJEEL WORK PROGRAMME
Upstream
Akri-Bijeel in appraisal/early development phase
Commercial production ongoing from EWT on B-1B

Debottlenecking in H1 2015 to reach nameplate
capacity of 10 mboepd

Testing and completion of Bijell appraisal wells to fully
understand the block value

Intensive drilling campaign to improve understanding
of reservoir complexities and full block potential…
…and ramp up of production

More focus on Triassic with better quality crude
Bakrman area with 40 API gravity crude - testing and
tie-in of Ba-2, drilling of further appraisal wells

From MOL presentation

AKRI – BIJEEL WORK PROGRAMME
Upstream
Akri-Bijeel in appraisal/early development phase
Commercial production ongoing from EWT on B-1B

Debottlenecking in H1 2015 to reach nameplate
capacity of 10 mboepd

Testing and completion of Bijell appraisal wells to fully
understand the block value

Intensive drilling campaign to improve understanding
of reservoir complexities and full block potential…
…and ramp up of production

More focus on Triassic with better quality crude
Bakrman area with 40 API gravity crude - testing and
tie-in of Ba-2, drilling of further appraisal wells

http://molgroup.info/images/molgroup/pdf/investor_relations/investor_presentations/MOL-Group_IR_Presentation_2015_August.pdf