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Afren Share Chat (AFR)



Share Price: 146.70Bid: 146.60Ask: 146.80Change: 0.70 (+0.48%)Riser - Afren
Spread: 0.20Spread as %: 0.14%Open: 146.80High: 147.20Low: 146.00Yesterday’s Close: 146.00



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pekingduck
Posts: 159
Off Topic
Opinion:No Opinion
Price:151.30
Good news for Eland Oil today
5 Feb '14
Market likes shorter approval/regulatory process for new assets, good for Nigeria and helps to de-risk projects there. Afren getting a lift on the news..

From SP Angel:

Today’s news from Eland is positive not only for the Company, but for Nigeria too. While there have been delays in bringing the asset on stream (from original expectations), there appears to be a significant shortening of the cycle, between application to approval and delivery.
This is excellent news, and would indicate that Nigeria’s Nigerian National Petroleum Corporation (“NNPC”), Nigerian Petroleum Development Company (“NPDC”) and Department of Petroleum Resources (“DPR”) are starting to dovetail and streamline the process.
While there is a long way to go before it would match the Norwegian Petroleum Directorate (“NPD”) or Department of Energy & Climate Change’s (“DECC’s”) approval process, which we believe is the gold standard.
Nevertheless, the changes that appear to be happening in Nigeria’s regulatory community are now starting to match the quality and depth of the opportunity that is presented in country.
 
Muel
Posts: 2,671
Off Topic
Opinion:No Opinion
Price:151.50
china
28 Jan '14
it's up 4% , not bad ! But maybe it'll take longer to react..
china
Posts: 328
Question
Opinion:No Opinion
Price:151.50
rns
28 Jan '14
I thought the RNS was very good. What else does this share needs to move?
ENTANGLED
Posts: 277
Observation
Opinion:Hold
Price:144.90
rns
28 Jan '14
Looks ok to me . . . . Kurdy update ?
casino
Posts: 511
Observation
Opinion:No Opinion
Price:147.30
Afren
27 Jan '14
I thank you guys for selling, I have several conviction buys, below 150, Afren has to be excellent value!

Tomorrow's update RNS, long anticipated.
helx
Posts: 120
Off Topic
Opinion:No Opinion
Price:147.60
THESE SHARES....
27 Jan '14
...Never cease to disappoint.
casino
Posts: 511
Answer
Opinion:No Opinion
Price:150.80
RE: Merrion Capital
27 Jan '14
There's an excellent article on the Afren page via your link entitled Solo oil Tanzania, nothing to do with Solo, it's about Afren's $100m investment in Tanga and the local impact on business opportunity, they just love Afren.
tcan54
Posts: 133
Off Topic
Opinion:No Opinion
Price:150.80
Casino
25 Jan '14
Thanks, just read the lek bb, blimey, what price could afren be? I always say that one day afren will blow, have to have the patience, gl.
casino
Posts: 511
Observation
Opinion:No Opinion
Price:150.80
tcan
25 Jan '14
Check out the LEK BB good article by I C from 'Swooped' re Afren & Leks potential exploration of OML 310 ( if only)
tcan54
Posts: 133
Off Topic
Opinion:No Opinion
Price:150.80
Rns
24 Jan '14
To me, looks good, next week very interesting, if the results are up again, bonus deserved, just wish afren could get the sp up where it belongs, when Kurdistan is sorted this may happen, more results to come from there as with GKP maybe they are being held back. Gla dyor and I don't know much.



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