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Amidst the excitement surrounding Global Petroleum's potential partnership with Cynergy East Med LLC, it is crucial to zoom out and examine the broader context of the East Mediterranean energy landscape. Geopolitical dynamics, energy security concerns, and the growing interest of major players underscore the region's significance as a strategic hub for energy development. While the allure of lucrative opportunities beckons, stakeholders must recognize the complexity of the terrain and the imperative of pragmatic solutions.
The Geopolitical Chessboard: Recent developments, including the BP-ADNOC bid for Israel's NewMed Energy stake, highlight the intense competition and strategic maneuvering taking place in the East Mediterranean. The interests of global powers and regional actors converge, driven by the need for energy resources and the desire to assert influence in a volatile region.
The Imperative for Innovation: Amidst geopolitical jostling, there is a pressing need for innovative solutions that can address the unique challenges of the East Mediterranean. From navigating complex political landscapes to managing technical hurdles, any endeavor in the region requires a blend of entrepreneurship, diplomacy, and strategic foresight.
Cynergy's Positioning: Cynergy's efforts to establish a foothold in the East Mediterranean demonstrate a proactive approach to capitalizing on emerging opportunities. With ambitions to invest billions in under-utilized natural gas assets, Cynergy presents itself as a potential catalyst for transformative change in the region.
Global Petroleum's Role: Global Petroleum, with its aspirations for partnership and asset diversification, could play a pivotal role in shaping the future of the East Mediterranean energy landscape. Whether as a facilitator or a value-adding participant, Global Petroleum's involvement could contribute to the realization of much-needed development initiatives in the region.
The Path Forward: As discussions progress and partnerships take shape, stakeholders must remain cognizant of the complexities and uncertainties inherent in the East Mediterranean energy arena. While optimism abounds, grounded in the region's potential, pragmatic realism is essential in navigating the intricacies of geopolitics, economics, and energy dynamics.
Conclusion: The East Mediterranean stands at a crossroads, teeming with promise and peril in equal measure. As Global Petroleum and Cynergy explore potential collaborations, they must heed the lessons of history and the imperatives of the present. Pragmatic solutions that prioritize stability, sustainability, and mutual benefit will be key to unlocking the region's vast potential and ushering in a new era of prosperity. It is only through concerted efforts, grounded in realism and guided by vision, that the East Mediterranean's energy riches can be harnessed for the benefit of all stakeholders.
As we delve into the backstory of Cynergy's journey, it becomes evident that their trajectory has been influenced by a series of pivotal events and strategic shifts in the region. From the signing of the East Med Act to the recent Israel-Hamas situation, each development has played a crucial role in shaping the context for Cynergy's strategic maneuvers. This op-ed aims to unravel the timeline of key events that have set the stage for Cynergy's push forward and explore the implications for Global Petroleum's potential partnership.
A Timeline of Strategic Developments:
2019: Cynergy Takes the Stage: In 2019, Cynergy burst onto the scene with ambitious plans to capitalize on under-utilized natural gas assets in the East Mediterranean. At the time, their vision seemed ahead of the curve, coinciding with growing geopolitical interest in the region's energy potential.
2020: The Year of Shifts and Challenges: The onset of the COVID-19 pandemic presented unforeseen challenges, disrupting global markets and slowing down momentum in the energy sector. However, amidst the turmoil, the signing of the Abraham Accords in September marked a significant shift in regional dynamics, paving the way for enhanced cooperation between Israel and its Arab neighbors.
2021: Strengthening Regional Relations: As the world began to recover from the pandemic, 2021 emerged as a pivotal year for the East Mediterranean. With Israel opening its embassy in Abu Dhabi and deepening ties with its Arab neighbors, the stage was set for increased collaboration in various sectors, including energy.
2022: Heightened Security Concerns: The Russia-Ukraine situation served as a wake-up call for the importance of energy security in the region. Against the backdrop of escalating tensions, the need for a stable and secure energy supply in the East Mediterranean became more pressing than ever.
2023: Cyprus-Israel Talks Gain Traction: With stable governments in place in Israel and Cyprus, 2023 witnessed a ramp-up in discussions between the two countries on energy collaboration. Despite regional uncertainties, progress was made in laying the groundwork for strategic partnerships in the energy sector.
The Path Forward: Against this backdrop of strategic developments, it's clear that Cynergy's push forward aligns with the evolving dynamics of the East Mediterranean. The confluence of geopolitical shifts, energy security concerns, and regional cooperation efforts underscores the timeliness of Cynergy's initiatives.
Implications for Global Petroleum: For Global Petroleum, the decision to explore a partnership with Cynergy is grounded in a strategic assessment of the region's potential and the opportunities it presents. While risks abound, the alignment of interests and the need for innovative solutions to regional challenges bode well for the success of the partnership.
Trusting in Daniel Page: A Prudent Path Forward for Global Petroleum
Introduction: In the realm of corporate decision-making, especially in the high-stakes world of energy investments, every move is scrutinized under a microscope of speculation and skepticism. Yet, amidst the noise and conjecture, one thing remains clear: Daniel Page, the newly appointed chairman of Global Petroleum, is no fool. As we dissect the rationale behind Global's potential partnership with Cynergy East Med LLC, it's imperative to acknowledge that Daniel and his team would have conducted rigorous due diligence before venturing into this new territory. This op-ed aims to explore the prudent path forward for Global Petroleum under Daniel Page's leadership and the potential value it could bring to stakeholders.
A Calculated Move: Daniel Page's decision to explore a partnership with Cynergy in the East Mediterranean is undoubtedly a calculated one. As a seasoned industry veteran with over two decades of experience, Daniel understands the intricacies of energy markets and the importance of strategic alliances. It's reasonable to assume that he and his team have thoroughly assessed Cynergy's track record, capabilities, and potential synergies with Global Petroleum before embarking on this venture.
Justifying the Pivot: Moving Global's focus to the East Mediterranean may seem like a bold move, especially considering Cynergy's prior attempts at market entry since 2019. However, there must be a compelling reason and rationale behind this strategic pivot. Daniel's leadership demands a meticulous approach to decision-making, and it's unlikely that he would expose Global to intense scrutiny without proper justification. The shift in concentration suggests that Daniel sees a clear path to value creation for Global and its stakeholders in the East Mediterranean.
Reserving Judgment: As observers, we can hypothesize about the potential pitfalls and challenges of venturing into the East Mediterranean. Still, ultimately, it comes down to diligence, planning, and execution. The board of Global Petroleum, under Daniel's guidance, must negotiate a deal that aligns with the company's strategic objectives and offers a realistic chance of success. Until the specifics of the proposed partnership with Cynergy are laid out, it's prudent to reserve judgment and remain cautiously optimistic about its potential.
A Path Forward: Daniel Page's appointment heralds a new era for Global Petroleum, one characterized by strategic vision and decisive action. The potential partnership with Cynergy represents an opportunity for the company to revitalize its operations and create significant value for its stakeholders. As negotiations progress and plans are finalized in the coming months, stakeholders can rest assured that Daniel and his team will navigate the complexities of the East Mediterranean with diligence and prudence, ensuring that any deal struck is in the best interest of GBP stakeholders
Cynergy's Past and Global Petroleum's Future
Introduction: In recent days, discussions on various platforms have buzzed with excitement about Global Petroleum's potential partnership with Cynergy East Med LLC, heralding it as a game-changer for the company's prospects. However, amidst the fervent promotion lies a critical oversight – the selective use of outdated information to tout Cynergy's credentials without acknowledging the realities of its past. This article aims to shed light on the discrepancies between the promotional rhetoric and the actual track record of Cynergy, urging stakeholders to approach the partnership with caution and discernment.
An Illusion of Grandeur: The recent chatter surrounding Cynergy's potential involvement in the East Mediterranean natural gas industry paints a picture of boundless opportunities and unparalleled financial backing. References to a Bloomberg article from 2019, which highlights Cynergy's ambitious plans to invest billions in the region, are used to bolster the narrative of Cynergy's stature and influence.
However, a closer examination reveals that Cynergy's grand aspirations from 2019 failed to materialize into concrete actions. Despite claims of securing funding from global family offices, private equity firms, and sovereign funds, Cynergy's endeavors in the East Mediterranean remained largely speculative, with no significant projects or investments coming to fruition.
A Mirage of Connections: Furthermore, discussions on social media platforms tout Cynergy's purported connections to tier 1 advisors, investment banks, and sovereign wealth funds as evidence of its credibility and potential. Yet, the absence of tangible outcomes or successful ventures involving these connections raises doubts about their actual influence and impact.
The Reality Check: It is essential to temper the enthusiasm surrounding the Global Petroleum-Cynergy partnership with a healthy dose of skepticism and realism. While Cynergy's past may be shrouded in grandiose plans and lofty ambitions, the absence of concrete achievements raises questions about its ability to deliver on its promises.
Moving Forward with Prudence: As Global Petroleum navigates negotiations with Cynergy, stakeholders must demand transparency, accountability, and tangible evidence of Cynergy's capabilities and commitments. Instead of relying on outdated articles and speculative claims, a rigorous due diligence process is warranted to assess the true value and potential risks associated with the partnership.
In Conclusion: The allure of partnership with Cynergy may be enticing, but it is imperative for stakeholders to separate fact from fiction and approach the collaboration with a critical mindset. By scrutinizing Cynergy's past performance and demanding clarity on its plans and capabilities, stakeholders can make informed decisions that safeguard the interests of Global Petroleum and its shareholders.
Copied and pasted from htrader64 on Twitter
Board of cynergy looks immense
#gbp
Now for those who are wondering how strong this partnership with cynergy are then look at the key members are of each board and you’ll realise the scale level #gbp is working with
Cynergy
Mike germanos - founder and highly connected in the $oil space including gulf sovereign wealth funds aka royal families
Richard Luddington - senior advisor to Rothschild, clients are governments and institutions
Nick Cochrane-Dyet - senior advisor to BP Chief Representative in Abu Dhabi and chairs the Middle East Advisory Board of the Energy Industry Council
Sir Graham Hugh Boyce - former advisor to Lehman brothers in Middle East, now current advisor to Namora. Former diplomat
Yaacov Amidror - former security adviser to government
#gbp
Daniel page - former head of asset management kpmg
Cecilia Yu - credit trader and founder of billion dollar hedge fund
Azib khan - actuary and equities research
This is a mega team forming here
political connections
sovereign wealth fund connections,
senior advisors to TIER 1 $oil and gas companies
connections to Middle East $oil and gas
News Articles showing cynergy looking at multi billion dollar projects
Daniel and Cecilia expertise and connections using #gbp imo to be part of this
Something really incredible is being here and now I think Daniel page was being prudent when saying 250m market
GBP is a 1mil market cap company which has just connected with a company who has a network and access to billions of dollars. Connections include the Gulf Soverign fund. This is huge!
An article on Bloomberg mentions Cynergy:
A little-known investor group is planning a major shakeup of the Eastern Mediterranean natural gas industry in a bid to unlock hundreds of billions of dollars of sales stymied by the political and industrial complexities of the region.
Cynergy Group, an investment firm based in Cyprus, is looking to spend between $5 billion and $10 billion in the coming years buying under-utilized natural gas assets in the region, according to Chief Executive Officer Mike Germanos. The company is in talks with “some of the most respected global family offices, private equity firms and sovereign funds” about raising the cash, he said.
https://www.bloomberg.com/news/articles/2019-05-23/obscure-cypriot-plots-10-billion-bet-on-east-mediterranean-gas?leadSource=uverify%20wall
And lookey what we have here mcfly - look at the board of cynergy, my oh my has page and yu got some mighty mighty connections
as the tweet says - tier 1 advisors , advisors to investment banks, sovereign wealth funds connections .
another tweeter showed an article that cynergy are looking to do 5-10bn level projects and imo based on the above then it looks like it could be institutional or government level projects
going to be a special ride up here imo
twitter.com/HTrader64/status/1751737054348579101
That’s because only 1% of the market can see vision and strategy and make serious gains
As someone on Twitter said this is a hold for gold play
Shame the rest of the market don't see it this way.
Did you see the board of directors of cynergy - special advisor to bp, global advisor to Rothschild to name a few
They wouldn’t get into bed with gbp unless they knew and did full dd. Daniel page has done an incredible deal here and he wants profit in gbp
Let the journey begin
How are they going to pay for high risk exploration in the Med?
Do these bankers understand oil and gas? Expect a major raise and dilution.
Long term. Or *until it goes up 10% 😂👍
Wow that’s a good way to start their new leadership with the partnership agreement today
I saw a tweet and they read into cynergy (as did I to verify) and yes they have an incredibly impressive BOD.
Connections to governments, special advisors to BP and tier 1. All Of them aren’t the sort that are in it for small gains. They want to unlock something big in the eastern Mediterranean
Daniel page and Cecilia Yu like they said wanted to use their network and asset diversification to get to their goal of 250m and this is start of the road map to get there
I can envisage something big coming out of this partnership espically as Daniel said he wants profit
Feels like a brand new day at gbp and I’m in it for long term now
Big day
This company is close to collapse
I have lodged a complaint with AIM as they have not replied to my request, as per law, of the shareholders.
the more people who make a similar complaint- the better
Key for me will be a wage sacrifice scheme so the CEO isnt creaming money off for non-news.
This share is very risky, could go bust.
Just to be factual, the new chairman did buy shares in the market as per 1 December RNS
Generally depends on what and who they know... Only time will tell. High risk, High reward at its panicle.
J
Well I tell you that’s the new BOD they won’t put any penny from their pocket
GLA
First post on this BB. Looks like new interest in GBP coming through. Really looking forward to seeing how this plays out with the new BoD and how their ideas and strategies will be realised with their networks available. Any positive news hand-in-hand with potential could see a quick move.
J
The BOD may be correct in what he said but shareholders does not mean existing share holders. As you said they need to raise serious cash and with it existing share holders are likely to loose 80 - 90 of their value in the next cash raise. That is 5 to 10 millions to buy new licences and start working on them.
He definitely mean future shareholders not the current ones.
This sp price is as inflated as hell. it will come seriously down before it serves the new shareholders purposes.
I'm still convinced that people such as our new Chariman recently appointed wouldn't get involved into a small cap with a £1mio mcap unless they already had a clear plan. In the 30.11.23 he stated: 'The funding will also allow us to have further working capital as we begin to look at other exciting opportunities within the sector which I am keen to integrate as part of Global's portfolio of assets with this process starting shortly. Delivering long term shareholder value is fundamental for us as a new board.' All speculations at this stage, but maybe they were just after a shell for other assets by the looks DYOR https://www.apexgroup.com/insights/apex-group-consolidates-advisory-capital-raising-offering-with-new-appointment/
Since you know qiyan alayl and you intend to rob folks with your mates. GBP has no cash do develop existing licence as it is deep under water. Exon Mobil our neighbour does not show any interest in the area at the moment. TRP has The easiest licence and yet they can't drill it simple. tell me what GBP intend to do with the existing licence? are they going to drill it ?
that need a lot of cash not available for GBP unless they loose 99% of their equity for the new jv OR
are they going to raise cash to buy a new licence and raise cash to develop it again and again till sp is 0.000001p
you and your bunch have nothing to do with qi yam. you are just another bunch of thieves thinking new investors man not know the trouble GBP is in. I've being following this for years. Now you and your bunch come with the new management thinking you can fool the lot. devil work.
There seem to be a lot of 'stale bulls' here! You need to move on!
Ahh so your agenda has come out now Rahim. You want people to buy your rubbish TRP. TRP still need alot of money to drill and the drill license not signed off yet. Asher has a fat wage of 300k he needs to raise for again shortly. He rinses and repeats and does a placing every other month kid. GBP the board are currently not taking a wage. They raised enough to sort out the walvin basin and sort out a few of the old legacy stuff and they can then progress this much much further. You have alot to learn Rahim and hence why you will not make any money in this market. When you wake up midnight do some Qiyamul layl salah and ask for help. You need and we all do kid. When you spread rumours and mischief always remember he is watching and you will be accountable one day.. Good luck kid.