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Max Petrol Share Chat (MXP)



Share Price: 0.16Bid: 0.15Ask: 0.17Change: 0.00 (0.00%)No Movement on Max Petrol
Spread: 0.02Spread as %: 13.33%Open: 0.16High: 0.00Low: 0.00Yesterday’s Close: 0.16


Share Discussion for Max Petrol (MXP)


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Premium Membership
West11
Posts: 3,830
Research
Opinion:Strong Buy
Price:1.55
View Thread (3)
RE: long Term Chart
17 Jun '14
5 Year Chart, multi year bottom firmly in place:

http://www.bloomberg.com/quote/MXP:LN/chart
 
West11
Posts: 3,830
Observation
Opinion:Strong Buy
Price:1.50
Observation!!
17 Jun '14
up 6% now, should be on most riser chart shortly....2p today..?
West11
Posts: 3,830
Research
Opinion:Strong Buy
Price:1.50
View Thread (3)
RE: NUR-1
17 Jun '14
IMO, must be getting nearer to news on MUR-1, see below:

As a part of the work programme specified for the two-year appraisal extension, Max Petroleum has been granted permission to complete the drilling of NUR-1 on the Emba B prospect and, if it is successful, to drill the Kurzhem well on the Emba A prospect. The Emba A and B prospects have a combined unrisked mean resource potential of approximately 1.1 billion barrels of oil equivalent and are part of a much larger potential trend of similar prospects. As a part of the review of the results of NUR-1, the Ministry of Oil and Gas of the Republic of Kazakhstan recommended the Group organise a “Technical Roundtable” with experts in deep drilling including other operators in the area to evaluate the problems at NUR-1 and consider possible ways forward. A series of meetings were held with the experts and a protocol was issued, with the general conclusion that with certain modifications to the existing well design there is no technical reason the well cannot successfully be re-entered and drilled to the objective depth of 7,250 metres.Â
After the completion of the Technical Roundtable, the Group began to work with Halliburton, a company with experience in managing deep drilling worldwide, to further analyse the reasons NUR-1 failed to reach target depth and the feasibility of re-entry. The first step was to conduct a geomechanical study of the well to re-evaluate the design parameters for the well. This study was completed in June 2013 and a conceptual well design and revised drilling programme have been prepared. The existing well bore will be used to a depth of approximately 5,300 metres, where a window will be cut in the existing casing and a new well will be drilled from that point. The new programme differs from the original in that it will use slightly higher mud weights, and it incorporates the use of “expandable liners” to create the possibility of setting an additional protective string of casing should the well again encounter any drilling problems. Max Petroleum signed a memorandum of understanding with Halliburton during the six months ended 30 September 2013, under which they will manage the re-entry of NUR-1 on behalf of the Group, thus bringing their technical expertise and experience to bear on this challenging and highly prospective project.Â
In order to complete drilling NUR-1 and evaluate its pre-salt potential, the Group requires additional financing. Finishing the well and evaluating this high potential target remains a top priority for the Group. Â
mannnan
Posts: 22,979
Premium Chat Member
Observation
Opinion:No Opinion
Price:1.46
thebulk
17 Jun '14
good find
maybeoneday
Posts: 376
Off Topic
Opinion:No Opinion
Price:1.46
View Thread (2)
RE: Derampers
16 Jun '14
Rather watch Iran v Nigeria on catch up :-)
West11
Posts: 3,830
Answer
Opinion:Strong Buy
Price:1.46
View Thread (2)
Derampers
16 Jun '14
Touchy Touchy bunch!!!!

Isn't it supposed to work the other way.... Specifically the Derampers wind up the Longs.....

Hugely entertaining....

Almost as much as the world cup;)

For the record, as long as there exists (not long IMO) potential for great news on NUR-1, I will stay long...

As long as SP is below 6p, I will stay long...

As long as oil prices continue to rise. I will stay long...

Tomorrow is looking very good for another run above 2p... Last week was just a warm up..;)

Now back to Football...
mannnan
Posts: 22,979
Premium Chat Member
Observation
Opinion:No Opinion
Price:1.46
ask .TheRobster
16 Jun '14
about .WASABI .share
mannnan
Posts: 22,979
Premium Chat Member
Observation
Opinion:No Opinion
Price:1.46
RE: RE: Derampers
16 Jun '14
someone who paid GKP .over 400.00p obviously they will be BITTER .now
maybeoneday
Posts: 376
Off Topic
Opinion:No Opinion
Price:1.46
RAMPER (Good example)
16 Jun '14
Someone who tries to biggup a stock so as to encourage naive buyers to make the price go up, and the ramper sells at a profit.
Ramper: You guys should sell your house and buy as many mxp shares as you can cause i know a friend of a friend of a board member and he reckons the price will double soon.

RamperHater: Your a full of **** ramper, stop ramping that turd of a stock.
by warren buffet March 04, 2004
mannnan
Posts: 22,979
Premium Chat Member
Observation
Opinion:No Opinion
Price:1.46
RE: RE: Derampers
16 Jun '14
also GKP was over 400.00p





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