Register
Login:
Share:
Email Facebook Twitter

GENL Share Chat - RSS Feed

Genel Energy Share Chat (GENL)



Share Price: 657.50Bid: 656.50Ask: 659.50Change: -48.00 (-6.80%)Faller - Genel Energy
Spread: 3.00Spread as %: 0.46%Open: 700.00High: 710.00Low: 648.50Yesterday’s Close: 705.50


Share Discussion for Genel Energy (GENL)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


56912090
Posts: 2,576
Off Topic
Opinion:No Opinion
Price:657.50
Bob Gary Andy
Today 21:10
We seem to be together these days (the 3 musketeers comes to mind)
ATB he he
Bob
 
garyn
Posts: 32,308
Observation
Opinion:No Opinion
Price:653.50
First tranche
Today 16:08
taken at 654, will look to add on any further dips.
56912090
Posts: 2,576
Off Topic
Opinion:No Opinion
Price:651.50
Andy
Today 12:25
just topped up - spread the risk and sit and wait :0)
Andydiff
Posts: 2,998
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:654.50
View Thread (2)
RE: 56912090
Today 11:46
Lmfao!
hang in there bud.
56912090
Posts: 2,576
Off Topic
Opinion:No Opinion
Price:661.00
SP
Today 11:08
just bought in may top up soon
Digby04
Posts: 478
Off Topic
Opinion:No Opinion
Price:658.00
View Thread (2)
56912090
Today 09:08
That's because we're all hiding behind the sofa. Watching sp is too painful.
56912090
Posts: 2,576
Off Topic
Opinion:No Opinion
Price:705.50
SP
Today 06:52
Very quiet board?
MY21
Posts: 4,398
Off Topic
Opinion:No Opinion
Price:752.00
Genel CEO
Wed 00:03
The number of oil producers in the Kurdistan region of Iraq is set to shrink drastically over the next five years, to the benefit of the largest operators, such as Genel, Exxon and Chevron.

That is according to Genel's chief executive officer Tony Hayward, in an interview given to Bloomberg News on 21 November, on the side-lines of the Atlantic Council conference in Istanbul, Turkey.

The British outfit is a joint-operator in seven of Kurdistan's oil and gas fields and recently made off with a 36% stake in the Bina Bawi gas field, from rival OMV, giving it full ownership.

"Having made four or five investments in the region, we are continuously looking for opportunities," Hayward added.

The company expects the Kurdistan Regional Government (KRG) to approve the development of the Miran and Bina Bawi gas fields before the end of the year.

Combined they are expected to supply 4bn cubic metres of gas per year starting in 2018, with the potential for output to more than double by the end of the decade.

Genel expects to earn a return on its investment through the condensate which would be extracted from the gas and the associated oil.

In turn, the KRG would gain access to production which it would sell on to Turkey at a price of $7 per million Btu, making it a match for Russian supplies.
jupiternmars
Posts: 30
Off Topic
Opinion:No Opinion
Price:771.00
Video interview with Tony Hayward
19 Nov '14
http://tinyurl.com/lr2l2sl

Tony Hayward, the chief executive of Genel Energy (LON:GENL), insists Kurdistan, where Genel operates, is a ‘secure and stable’ place to do business despite the threat of terrorism in the region.
Ex-BP CEO Hayward explains how he ‘wouldn’t for a moment change 29 years’ at the oil giant, hints at possible acquisitions for Genel, and also talks about the differences of working for a smaller oil group.
davidpqz
Posts: 8
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:801.00
View Thread (2)
RE: Capital Mkts Day
14 Nov '14
I calculate the Miran gas field will pay them around $10 billion over its lifetime (fixed price of 78 c per thousand cf). 100% of oil from the field is used to pay Genel's development costs, thereafter 50%. Oil production from Tawke and Tak Tak up 50% over last year and projected to be up 50% next year. Extraction costs among the lowest anywhere. Pipeline capacity well in excess of production potential (no $25 per barrel trucking costs).
The share price went down initially - of course. Stands to reason, doesn't it?



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.