Member Info for shujja

My Gpx on the move

So Zak Mir thinks. https://masterinvestor.co.uk/trading/gulfsands-petroleum-triangle-breakout-now-lead-25p-2/ Own due diligence

Peace talk have to work no choice they can't go back and start fighting they will get killed they now that only playing hard ball

Next two days are going to be good

Charts lol

Yes chats look good also should see a leg up to 20+

Remember this phrase; you'll be hearing it a lot this week: The Astana Initiative. That's the name for the latest round of Syria peace talks. This one's being held in Astana, Kazakhstan -- and it's being billed as the first time rebel groups would be negotiating directly with Syrian President Bashar Al-Assad's regime since war began in 2011. The talks will last three days and the heavy lifting will be done by Russia (which supports Assad) and Turkey (which stands behind the rebels). The US won't really have a seat at this table because the new Trump administration is still getting up and running

Yes you are right peace deal on 23 Jan Monday should be a big day for us

Talks on Tuesday I think or Monday

It deserves the full monty mate

Some takings positions before peace talks and trump coming in power smart move

Lol

Congratulations it's got a long long way to go this is just a start

https://www.google.co.uk/amp/s/amp.theguardian.com/us-news/2017/jan/16/the-trump-interviews-what-he-said-about-brexit-putin-israel-syria-and-twitter?client=safari Smell the coffee

When is the divi date cut off time looking to pick some up

Going to fly today me think

"Based on ongoing estimated cash flows, if the farm-out initiatives and recovery of previously called guarantees are not successful, assuming the contingent liabilities disclosed in note 10 to this Half-Yearly Financial Report do not crystallise and fall due, the Group’s cash forecast indicates that further funding would be required at some point in the second quarter of 2017 So no money required until second half 2017 should be sorted by then or could have a farm in

Sanctions Should get lifted very fast I would say feb after trump comes in power back payment is looking to be 50p this could go to a pound easy

that's a lot of oil sold already 6.3 m bopd at the Khurbet East Production Facility. Furthermore DPC advised for the rst time that this alternative export method had been in operation throughout 2014 and 2015, and that oil production during this period via this export method was an additional 3,138,739 bbls (2014: 1,984,390 bbls, and 2015: 1,154,349 bbls). Based on this new production information, the Group has updated the previously reported total oil production for 2014 of 399,325 bbls of oil to 2,383,715 bbls of oil via both export methods. 2015 total oil production via both export methods is now updated to a total 1,421,283 bbls of oil. The Group has not recognised any revenue for this or indeed any production, post the imposition of EU sanctions, but has updated its remaining recoverable resource volumes for these elds based on this new production information. The Group has evaluated that it holds within the Massive, Butmah and Kurrachine reservoirs of Khurbet East eld, and the Youse eh eld, 2C Contingent Resources of 69.7 mmbbls of oil and condensate, and 33.4 bcf of gas (working interest basis). The Group has also evaluated that the oil discovery at Al Khairat contains 2C Contingent Resources of 12.0 mmbbls of oil (working interest basis). These resources have been subject to external audit

He could be Right hmmmm Operation of the Khurbet East and Youse eh elds during the production phase has been undertaken by Dijla Petroleum Corporation (“DPC”), a joint operating company formed between Gulfsands, Sinochem and Syrian General Petroleum Company (“GPC”) for this purpose, to which staff of both Gulfsands and GPC had previously been seconded. As a consequence of the EU’s imposition of further sanctions in Syria which came into effect in early December 2011, in accordance with the terms of the PSC for Block 26, a Notice of Force Majeure was served on GPC, the principal counterparty to the PSC. The imposition of EU Sanctions has prohibited Gulfsands’ involvement in petroleum production operations in Syria and restricted its activities in relation to Block 26 generally and unless and until these sanctions are lifted or otherwise modi ed so as to permit the Company’s return to its prior involvement in those activities, the Company will be obliged to maintain its current position with respect to Block 26 PSC matters. Since the introduction of EU sanctions on 1 December 2011 and the subsequent declaration of Force Majeure under the PSC, Gulfsands has had no involvement with the operations of DPC, and Gulfsands staff seconded to DPC have been withdrawn, leaving DPC under the management of GPC secondees. The nal exploration period of the PSC was set to expire in August 2012, eight months after Force Majeure was declared in December 2011. While the nal exploration period legally expired in August 2012, it is understood that the Syrian authorities may be prepared to grant the Group an additional period to undertake exploration work on Block 26 to replace that period of time which was lost when Force Majeure was declared. The Group has ensured that it remains compliant with all applicable sanctions in relation to Syria and intends to return to production and exploration activities as soon as permitted and conditions allow. During 2015 the Group’s Syria Reserves were reclassi ed to Contingent Resources as a result of the continuing EU Sanctions in Syria. This process was subject to external audit and con rmation. Since December 2011, Gulfsands has received from DPC updates on oil volumes produced from the Group’s Syrian elds under DPC’s operation. These updates have been received on an infrequent and irregular basis and it has not been possible for Gulfsands to verify the content of the information provided. The Group has been updating its remaining recoverable resource volumes for these elds on at least an annual basis based on the information that has been received from DPC. In February 2016 the Group received information from DPC stating that a total volume of 266,934 bbls of oil had been produced from the Group’s elds during 2015 and exported by pipeline to the regional oil gathering station at Tal Addas, 22 km north east of the Group’s Production C