Member Info for harel

Listen to gils presentation - 5:33

https://channel.royalcast.com/sparebank1markets/#!/sparebank1markets/20220303_1

Block 3b/4b reminds me of stabroek, same size, same shape, by the g&v discoveries looks like the oil fair way runs all through the acreage..
If theyll make the same move as the block 58 jv we can only imagine where eco will be..

Got some info from the bod,
Block 3b/4b will be drilled next year and orinduik as well.

The patient is cgx..
Might not recover from a failure..

Kawa is like tanager, "the operation was a success, the patient died..".

Kawa will not be fine, i give it 1:10 chance of turning out commercial..
If cgx will drop to 0 its enterprise value will be 100m$, so 0 mc should be a fair valuation once they'll reveal the real outcome.

Looks like i was right about kawa-1..

After 7 months cgx cant reveal the final results, taking in consideration that with no funds sorted out this company is done it makes me suspect they are hiding something.
During the drilling their sp was higher then today so that adds another question mark..
Im exposed through fec, waiting to get out, even though its time for investing in producing companies..
I wouldnt dare write it on the cgx board, that can make the russian invasion look like a childrens game..

The kozani deal proves they know it was a mistake getting in the solar business with the "herd" and trying to get out.
If they could get out they would, lets hope well get our money back.

Another 50k went through..
Cgx is not an option, they need a major to stabilize this ship.
Chalenging terain as well, this well took more then 6 months and the budget for the next well is 120m$..
Something fishy about that well..
Not sure 54m of net pay that includes all the oil shows on the way is what the market expects..

Its two 62k buys, must be ii's..

No, traded here in the past and if opportunity will present itself might trade it again.
The venus hype now gone it might drift lower.
The extension already priced in in my view.
Eco got 3 times the acreage in the walvis, some covered with 3d, some drill reafy, has a 10 years extension and is priced almost 0.
Ecos value comes from the orange basin and guyana, and lined up catalysts and numerous exploration wells, most are funded, and with aoi backed by the lunden group, can fund any coming wells and m&a's.

nathan, im not trying to save you, i cant! i have no cure for stupidityy.
just sharing my thoughts' thats what this board is for, but people that have a brain of an 8 years old and take it personally and responds with abusive "mom" comments are ruining any chance of a serious discussion.

what an idiott hhhh
what next? gbp vs exxon???

Arahim, the fact you compere eco and this dog shows you are clueless!

Spike, i also believe the license will be extended, but it is not a catalyst for the sp, its more of the same, if it wouldnt be extended its game over.

Gbp was cheaper when it had two times the acreage when the better half was covered with 3d and had 3 billion prospective resources, when gbb didnt complete its next phase obligation the government took the license back.
Of course all here were writng about a farm out and extension that never came.
Now with 2d you think someone will farm in and will have to carry 3d right away?
And if so gbp will have half the acreage, aroud 35% of the interest, no money to fund wells or farm out.

Its not a gamble if its obvious there is no farm out.
Not deramping just sharing many years of experience in investing in this sector.
I read posts here from time to time, most here are very naive and unexperienced.
This is a hype stock at the moment.

Iraq invaded kuwait.

These dogs are going nowhere near term and keeping alive by placings, i do agree the acreage have good potential if its operated by a major but the case is they got no money and expensive short term obligations, its all about timing and its sure not the time to buy gbp.