Member Info for Walia

500000 just gone through.some news must be coming.

In feb they need to raise another £3000000.

http://m.youtube.com/watch?v=yCL2d8lLYXw

GBP's plans call for three 15-year phases, each involving 3,000 wells drilled at an average of 200 wells per year and requiring at least 20 rigs working year-round. They predict production rates to reach 200,000 barrels per day by 2020 and to have a peak rate of 600,000 barrels per day by 2056.[5] Since GBP's shale-oil-focused North Slope acquisitions in 2010, other companies have also acquired Alaska leases targeting unconventional oil development near GBP's operations. Among them are industry major ConocoPhillips, which secured a block of leases to the west.[6] ConocoPhillips is Alaska's largest oil producer and has major ownership interests in 2 of North America's largest oil fields, both located on Alaska's North Slope: Kuparuk (operated by ConocoPhillips) and Prudhoe Bay (operated by BP). According to ConocoPhillips, shale is proving an increasingly important source of oil and natural gas liquids, prompting ConocoPhillips to enter several of the most promising shale plays early on.[7] Polar Petroleum Corp.'s President and CEO, Daniel Walker, commented: "With this much interest and investment in the North Slope's potential for shale oil production, we're keeping a very close eye on the industry's developments. At the same time, we will have the report by David Gross and Donald Brizzolara to inform our understanding of the potential shale oil resource and production potential of our 2 North Slope

According to Alaska's Department of Natural Resources, the source rocks of Alaska's prolific North Slope oil fields compare favorably with the most prominent emerging Lower 48 source rocks, such as the Eagle Ford in Texas and the Bakken in North Dakota and Montana. At the same time, unlike the Lower 48 deposits that only target a single geologic formation, the North Slope represents 3 potentially prolific formations stacked on top of each other: the Shublik, HRZ/Hue shale and Lower Kingak shale source rocks. According to the leading shale oil exploration company in Alaska, Great Bear Petroleum, only about 20% of the oil from the North Slope's source rocks has been pumped to date by conventional wells, while the remaining 80% of the resource remains stuck in the rock.[1] GBP has told Alaska lawmakers there could be another 100 billion barrels of oil waiting to be discovered in the original source rocks that fueled Prudhoe Bay alone.[2] The US Geological Survey (USGS), meanwhile, estimates Alaska's North Slope shale formation represents the second-largest US deposit of unconventional crude after the Bakken while exceeding the Eagle Ford deposit.[3] Great Bear Petroleum (GBP) is pursuing an unconventional shale oil play in the 3 major source rocks mentioned above, which sourced the North Slope's giant oil fields. To date, GBP's results have met expectations for finding oil in the source rocks.[4] Polar Petroleum's Hemi Springs Project borders GBP's North Slope holdings and is within 10 miles of 1 of the proposed GBP exploration wells in the immediate vicinity. GBP's holdings also completely surround Polar Petroleum's Franklin Bluffs Project, which is within 5 miles of 4 of GBP's proposed wells. GBP started test drilling in 2012 with 4 of 6 proposed drilling locations along the Dalton Highway with production expected to begin in 2013.[5] As of year-end 2012, GBP and its partner, industry services giant Halliburton, had drilled their first 2 vertical wells: Alcor No.1 and Merak No.1. The company's president, Ed Duncan, stated: "We have drilled through all of our targeted source rock units. We've proven those [to be] present at the depths predicted and in the state of thermal stress or thermal maturity, certainly within the range of expected outcomes."[5] GBP is currently analyzing the data collected from its activities in 2012, and is securing permits and gathering the environmental data needed to expedite future operations.[6] GBP's plans call for three 15-year phases, each involving 3,000 wells drilled at an average of 200 wells per year and requiring at least 20 rigs working year-round. They predict production rates to reach 200,000 barrels per day by 2020 and to have a peak rate of 600,000 barrels per day by 2056.[5] Since GBP's shale-oil-focused North Slope acquisitions in 2010, other companies have also acquired Alaska leases targeting unconventional oil development near GBP's operations. Among them are industry major Conoc

Polar Petroleum Corp. (OTCBB:POLR) announces it has engaged regional experts Mr. David T. Gross and Mr. Donald W. Brizzolara to prepare a report on the shale oil production potential of the Company's 2 oil projects on Alaska's North Slope: the Hemi Springs Project and the Franklin Bluffs Project. The Company recently signed agreements with Mr. Gross and Mr. Brizzolara, appointing them to Polar Petroleum's Advisory Board as Head of Alaskan Exploration and as Chief Geological Advisor, respectively. The Company will use the report to better understand the potential shale oil resource and production potential of its 2 North Slope projects. Mr. Gross represents a 30-year career as a geologist and a current focus on the North Slope of Alaska doing geologic analyses and petroleum prospect evaluations, most recently in the Hemi Springs-South Prudhoe area. Mr. Brizzolara represents 34 years of experience in oil and gas exploration and development geology (Prudhoe and Kuparuk fields), and experience as a successful prospect generator resulting in oil discoveries (Kuvlum, Midnight Sun/Sambuca) in the North Slope of Alaska. According to Alaska's Department of Natural Resources, the source rocks of Alaska's prolific North Slope oil fields compare favorably with the most prominent emerging Lower 48 source rocks, such as the Eagle Ford in Texas and the Bakken in North Dakota and Montana. At the same time, unlike the Lower 48 deposits that only target a single geologic formation, the North Slope represents 3 potentially prolific formations stacked on top of each other: the Shublik, HRZ/Hue shale and Lower Kingak shale source rocks. According to the leading shale oil exploration company in Alaska, Great Bear Petroleum, only about 20% of the oil from the North Slope's source rocks has been pumped to date by conventional wells, while the remaining 80% of the resource remains stuck in the rock.[1] GBP has told Alaska lawmakers there could be another 100 billion barrels of oil waiting to be discovered in the original source rocks that fueled Prudhoe Bay alone.[2] The US Geological Survey (USGS), meanwhile, estimates Alaska's North Slope shale formation represents the second-largest US deposit of unconventional crude after the Bakken while exceeding the Eagle Ford deposit.[3] Great Bear Petroleum (GBP) is pursuing an unconventional shale oil play in the 3 major source rocks mentioned above, which sourced the North Slope's giant oil fields. To date, GBP's results have met expectations for finding oil in the source rocks.[4] Polar Petroleum's Hemi Springs Project borders GBP's North Slope holdings and is within 10 miles of 1 of the proposed GBP exploration wells in the immediate vicinity. GBP's holdings also completely surround Polar Petroleum's Franklin Bluffs Project, which is within 5 miles of 4 of GBP's proposed wells. GBP started test drilling in 2012 with 4 of 6 proposed drilling locations along the Dalton Highway with production expected to begin in 2

if great bear finds a commercial discovery wat price be looking @.

http://www.akrdc.org/issues/oilgas/overview.html

This Winter Exploration Program is expected to include the following major activities, with all activities to take place between December 2014 and May 2015: • Build ice driveways and roads from the Dalton Highway to the locations of Alkaid #1 (approximately 3 miles) and Talitha #1 (approximately 3 – 4 miles) and an ice driveway off the Dalton Highway to Phecda #1. • Build ice pads at all 3 locations. • Transport equipment, materials and personnel from North Slope oilfield infrastructure to and between the well site locations along the Dalton Highway and ice roads. • Possibly perform short-term production flow tests and, depending on well results, stimulating production using hydraulic fracturing and pumping. • Truck limited liquids production, if any, to Prudhoe Bay and flare or vent associated gas, using a vertical flare approximately 100 feet off the ground. • Demobilize rig and equipment at end of winter drilling season. These activities may overlap in certain instances, such as drilling at one well while the ice road or pad is being built for another location. Great Bear expects that Alkaid #1 will be the first well drilled followed by Talitha #1 and then Phecda #1; however, the order in which the wells are drilled may depend upon various circumstances such as weather, drilling time of prior well, well results, additional analysis, etc. Great Bear intends to place the camp facilities at the Phecda pad location for the duration of the 2014-2015 Winter Exploration Program; however, if Great Bear deems advisable, the camp may be relocated to Alkaid #1 or Talitha #1 during drilling of those wells. Drilling operations will be conducted at the three separate locations using the same drilling rig, the Nabors 106AC rig. If available and deemed more appropriate, a different rig may be used to drill one or more laterals at any of the sites. In the event this occurs, Great Bear will advise DNR-DOG of the specific rig prior to mobilization of the rig. The planned well designs will be similar to that employed in previous Great Bear North Slope exploration wells and in accordance with Permits to Drill from the AOGCC. Due to the exploratory nature of the wells, nearly all information regarding the downhole aspects of the well is confidential. Depending on results from initial drilling, and time remaining in the drilling season, Great Bear may drill lateral wells, sidetracks, or additional penetrations from the same exploration pad. In addition, Great Bear may stimulate production using hydraulic fracturing techniques. Production tests may be performed as deemed appropriate. Testing may include extended flow periods to determine the productivity of the well. Testing will be accomplished in accordance with approved techniques and approved by the AOGCC. Testing will likely be conducted after the rig has been moved to a different drill site. A designated Great Bear representative will be located onsite du

http://www.alaskajournal.com/Alaska-Journal-of-Commerce/November-Issue-5-2014/Great-Bear-Petroleum-gets-back-to-drilling/

Tangiers has exposure to international oil pricing from Alaska Tangiers successfully completed bidding for the large acreage position in Project Icewin, onshore Alaska in North America. The company has 87.5% working interest in the net 86,940 acres that has near ground-floor entry with average price of around US$30 per acre. The royalty stands materially lower than the other US opportunities at 16.5%; up to 85% of exploration expenditure in 2015 is cash-refundable by the State of Alaska. The initial term for the projects is 10 years without a mandatory relinquishment. Beaufort view: Given the shuffle in the top management, significant changes are coming to the fore in the investment strategies of Tangiers which recently opted out of Morocco to concentrate on the Alaskan shale gas play. The move is welcome as the prospectivity of the Alaskan basin and its proximity to the existing resources maximizes the potential for higher recoverable volumes. Moreover, the favourable location, adjacent to the Dalton Haul Road and TransAlaska Pipeline (TAPS), enables year round access for operations. Alaska is the only state in the US with approval for oil export, thereby giving Tangiers exposure to international oil pricing. Given the above and attractive valuation of the company we remain optimistic about the potential upside and retain our Speculative Buy rating. link not working.

Given the shuffle in the top management, significant changes are coming to the fore in the investment strategies of Tangiers which recently opted out of Morocco to concentrate on the Alaskan shale gas play. The move is welcome as the prospectivity of the Alaskan basin and its proximity to the existing resources maximizes the potential for higher recoverable volumes. Moreover, the favourable location, adjacent to the Dalton Haul Road and TransAlaska Pipeline (TAPS), enables year round access for operations. Alaska is the only state in the US with approval for oil export, thereby giving Tangiers exposure to international oil pricing. Given the above and attractive valuation of the company we remain optimistic about the potential upside and retain our Speculative Buy rating.

Get ready for another placement.

http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=TPET.L

3 months r going to be in oct and we should be atleast 5p now.this is a buying opportunity.anything under 2p is bonus and good entry point.this is going to fly soon.this is a sleeping elephant results r going to be enormious.

http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=TPET.L

Sold this afternoon,cant see any future as no more project.kea a better punt.

Let's see wat price do we finish today.

I can see this drifting down to 0.30 by next week.who is going to invest here where we got directors like that.

From today's market report: Malcolm Graham-Wood was bristling. It takes a lot to startle the stock market veteran, founder of HydroCarbon Capital and blogger on matters gas and oil. Tangiers Petroleum managed to do it. This is the AIM explorer that raised £4.3 million in February 2012 to prospect off Australia, where it is also listed, and Morocco by selling new shares to Britons, Americans and Australians at 33p through Old Park Lane Capital and Shore Capital. Back then, Tangiers was valued at north of £32 million. No longer. In August, shares that had drifted inexorably lower for more than two years lost nearly two thirds of their value on the day Tangiers said that it had plugged and abandoned its TAO-1 exploration well off Morocco. Among those nursing singed digits was Simon Cawkwell, the professional investor better known as Evil Knievel, who owned 400,000 shares that tanked by 64.9 per cent to 2¾p. Two days later, trading in those shares was suspended. Interim results were delayed and have yet to be produced. The suspension endures. Then yesterday, Perth-based Tangiers made a statement to the market through the London stock exchange’s regulatory news service, RNS. It is proposing a capital raising of $1.2 million by issuing 200 million new shares at $0.006 a share, for “working capital and the assessment of new ventures”. Mr Graham-Wood was decidedly unimpressed. “I have seen some outrageous statements in 35 years looking at energy companies but this really does take the biscuit,” he railed. “Tangiers’ policy of betting the ranch on one high-risk exploration well has been questionable at best. “The thought that anyone would be interested in throwing good money after bad is totally absurd, but if anyone does think of investing they should also invest in the famous flying pigs company which will return more and is probably better managed . . .