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UPDATE: #COPL set timeline for Q2/Q3 Nigeria drilling programme
RESULTS: IFA led wealth managers AFH Financial results show strong growth


Global Pet. Share Chat (GBP)



Share Price: 1.20Bid: 1.10Ask: 1.30Change: 0.00 (0.00%)No Movement on Global Pet.
Spread: 0.20Spread as %: 18.18%Open: 1.30High: 1.30Low: 1.125Yesterday’s Close: 1.20


Share Discussion for Global Pet.


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Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.20
RE: GBP
Today 12:08
Just checking and I'm not going mad!

You might find this an interesting read about migration pathways.

http://www.searchanddiscovery.com/documents/2013/120136luo/ndx_luo.pdf
 
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.20
RE: GBP
Sat 22:56
West, as you very well know ;-))

Of course there could be 2D coverage of the east side
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.20
RE: GBP
Sat 19:09
Does that 3D cover the east of the licence?
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.20
RE: GBP
Sat 09:56
Interesting that when Repsol partnered TRP, it was Repsol that first announced they would be entering Namibia at a presentation, which TRP then reluctantly had to acknowledge

It was a full two months after this that TRP announced that Repsol were actually on board

https://www.investegate.co.uk/tower-resources-plc--trp-/rns/namibia-update/201206060700187084E/

The Peters will share this view of keeping mum until it is in the bag imo

Another major aspect of PEL94 (Delta) is it has 3D already and even before that was said to be drill ready
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.20
RE: GBP
Sat 00:13
If they could attract Repsol to PEL10/94 when exploration at a premium to todays costs

Anything is possible and it is easy to see why the BoD is excited with the potential of PEL10/94

News from Namibia "shortly"
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.30
RE: GBP
Fri 13:36
Following on from my ramblings early hours, this is an old article from 2014 and perhaps a clue to what they are so excited about in 94?

Looking at the picture, it confirms the Welwitschia-1A was drilled to the west of the licence, but look at all the unassigned oil slicks, thermogenic gas shows plus the oil found in the Albian carbonates in a previous drill.. All to the east. Keep going east and we get to Cormorant which we know produced significant oil, then moved on due to trap failure.

https://www.energy-pedia.com/news/namibia/new-159782
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.225
RE: GBP
Fri 12:04
Agreed IV, hence why am holding tight ;--)
Investoroilgas
Posts: 135
Opinion:No Opinion
Price:1.225
RE: GBP
Fri 10:03
Now Italy is out of the way, focus is now on Namibia and PEL 0094 in particular. There are 4/5 drills scheduled this year in offshore Namibia, if one of these drills finds oil or gas we could be in for an interesting year as GBP shareholders.

GLA.
maestro1
Posts: 5,633
Opinion:No Opinion
Price:1.125
RE: GBP
Fri 08:43
Last few years what has the company done? This is a lifestyle run company.

They had over 12m dollars at one stage but now less than 4. Absolute shambles...
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.125
RE: GBP
Fri 08:23
I won't be selling mine thats for sure
Gunthorpe
Posts: 86
Opinion:No Opinion
Price:1.125
RE: GBP
Fri 08:19
Lets hope theyre not sold. 250k of them just dropped it 18%. On the flip side, goes back up just as quick.
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.125
GBP
Fri 08:17
Can sell over 1.5m online currently
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.30
RE: RNS in AUS
Fri 08:05
Indeed a very good question, if they announced the data room was closed, that would give the game away

But, they did give the game away as they said, " The farmout process is still underway following renewed interest created by presentations conducted by the Company during May 2018, with data room participation continuing into July."

Indicating the data room would be closed there after

I might add I have ad no reply from the Namibian MME. I have normally had a reply by now and so the are seemingly keeping a lid on things imo
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 02:24
Omg.. must go to bed but..

Was the data room ever closed? It was still open in July, next we heard they terminated the mandate..
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 02:19
One last thing.. Namcor.. just an idea.. is it possible we were awarded 94 purely to help with 29. The timing was impeccable when I think about it. The award and result of cormorant really were just days apart and the board have been excited ever since. Does 94 ensure some attention will be given to 29?

Wish they'd hurry up with some meat on the bones so we can put the jigsaw puzzle together. What do you want a yet to materialise possible 25% for? Why did you terminate the mandate at a crucial time and too soon after the data room closed?
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:54
Fat fingers...

We want an explanation regarding your excitement!! Spill the beans!!

Bedtime.
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:53
T
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:43
I'll do some research tomorrow about repsols drill. If it was to the west it might give an explanation. Oil doesn't migrate across faults, it bubbles up the fault.. maybe. (Sound familiar)

Really need a presentation.. showing what they think we've got. It makes sense that the oil has migrated and is structurally trapped on the east of the fault.
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:39
I said North East meant to say North West, the direction from Cormorant, to Albatross, to PEL94
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:34
I'm thinking Tullow and Africa Energy.. same partnership as commorant..
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:33
I think they may have drilled to the west of the fault? Not sure..
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:31
And I should add, and area where we have structural traps..
Jimarillo
Posts: 1,236
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:31
Your Tullow punt may have legs after all, but also AEC partnered in PEL37 and have deep pockets

You have to say PEL94, formally PEL10, did attract Repsol, who did not reach the deeper target due to cost restraints and unforeseen problems from start to finish including a collapsed initial well

So it has been possible to attract a Major to this licence in the past
Marmited
Posts: 623
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: RNS in AUS
Fri 01:27
The interest in 29 might not come until later. If I were Tullow, Africa Energy, Azinam than I would be chasing the path, on trend with Exxons block and that path leads to the east of 94, an area with strong evidence of hydrocarbons.

lots of flag waving.. We wait like a ship lost at sea for the response.




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