AFREN - Pan African oil and gas exploration and production company - 500 Beiträge pro Seite (Seite 2)

[Homer__Simpson]

Antwort auf Beitrag Nr.: 37.871.623 von Coxos am 28.08.09 11:51:31

Das ist sehr optimistisch und wünschenswert, aber realistisch gesehen dauert das sicher noch knapp 2 Jahre vermutlich, es sei denn der Ölpreis explodiert wieder ?!

[XIO]

Antwort auf Beitrag Nr.: 37.871.983 von Homer__Simpson am 28.08.09 12:37:46

ok, in 2 jahren 150% ist eigentlich eine überdurchschnitttliche Performance,, also sehr gute Ziele, die Du da hast

[Homer__Simpson]

Antwort auf Beitrag Nr.: 37.878.161 von XIO am 29.08.09 10:18:29

Sicherlich ein sehr gutes und optimistisches Ziel, aber hälst Du das für so unwarscheinlich, natürlich nur mit dem Hintergrund, dass die Weltwirtschaftskrise nicht noch höhre Ausmaße annimmt, sondern dass wieder langsam ein kontinuierliches Wachstum einsetzt und dementsprechend der Ölpreis zwischen $70-$100 pendelt.

[XIO]

Antwort auf Beitrag Nr.: 37.878.514 von Homer__Simpson am 29.08.09 12:30:05

nö, halt ich sogar für sehr wahrscheinlich, wann das politische Umfeld stabil bleibt.
Hatte ja schliesslich auch bereits mein Afren "Erfolgshoch" ebenfalls 2 Jahre nach Erstinvest um die 50 br. cent in 2006

[Coxos]

erneuter angriff auf die 70
durch und nie mehr drunter
komm afr
goooooooooo

[Coxos]

so
gleich mal rüber
auf 71,5
= 0,82 euro
1 euro in griffweite

[Coxos]

harter kampf um die 70
wieder mal hoch auf 71,5
d werden sicherlich irgendwan auch mal halten

sehe gerade im tv bericht
weltbevölkerung soll 2012 7 mrd erreichen
2025 8 mrd
gut für rohstoffe aller art

[MFC500]

8th September 2009

Afren plc will be announcing results for the six months ended 30 June 2009 on Friday 25th September 2009.

A presentation for analysts will be held at 9.00am on Friday 25th September in the Auditorium, Bank of America Merrill Lynch, 2 King Edward Street, London EC1A 1HQ.

The following information will be available on the Afren website (www.afren.com):

At 07:00:
� Interim Results Announcement

At 09:00:
� Half-yearly Results Presentation
� Audio webcast of Interim Results Presentation

The webcast will be available on demand from 14:00 on 25th September 2009.

Afren aims to post the 2009 Interim Report and Accounts to shareholders on 9th October 2009.

http://www.sharecrazy.com/share2607share/share.php?disp=news…

[Coxos]

nie mehr unter 70

[MFC500]

10.09.09

Saying it's still bullish on energy, Morgan Stanley lifted its view on the Europe oil and gas sector to attractive from in-line. Its top picks among oilfield services are Wood Group, SBM and among explorations and producers, Tullow Oil, Dana and Afren...
http://www.marketwatch.com/story/europe-oil-sector-upped-at-…

[Coxos]

und weiter gehts

[Coxos]

und sie läuft

[Homer__Simpson]

Antwort auf Beitrag Nr.: 37.991.265 von Coxos am 16.09.09 15:15:56

Jep, das tut sie....


...und schwupps sind wir beim nächsten Wiederstand angekommen...
RSI bei knapp 70, kleiner Rücksetzer wäre gut ud dann mit neuem Schwung weiter uuuupp.
Sehr schöner Aufwärtstrendkanal.

Demnächst kommen ja auch Zahlen, mal sehen wie es dann weitergeht,

[Coxos]

[larsuwe]

Hallo ! Da bin ich aber von den Socken, wie der Aktienkurs hier mächtig in den letzten drei Wochen zulegt.Bin nur mit einer kleinen Startposition zu 0,80Euro eingestiegen.Habe wohl zu lange überlegt und mich nur für die Hälfte entschieden.Ich warte auf einen kleinen Rücksetzer des Aktienkurses, aber dieser kommt einfach nicht.Echt Mist...!Was ist eure Meinung ,nun noch mal nachlegen oder doch lieber noch etwas warten?.Ich habe angst das mir der Kurs abzischt.Ciao Lars!

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.009.211 von larsuwe am 18.09.09 13:19:23

Na das sieht doch nach einem super chart sowie einem intaktem Aufwärtstrend aus. Sicherlich wird es auch mal wieder Rücksetzer geben, zumal wir gerade jetzt an einem Wiederstand angelangt sind. Aber wie diese Rücksetzer aussehen - who knows??? Wohin die Reise noch hingeht - who knows ????
Vielleicht erst einmal die Zahlen abwarten, die glaube ich nächste Woche veröffentlicht werden???!!!

Ich weiß, ist sicherlich eine unbefriedigende Antwort bisher für Dich. Aber Hellseher sind wir ja alle nicht.

Ich werde auf jeden Fall drin bleiben, da ich hier noch mehr erwarte, allerdings ist das natürlich nur meine Meinung !!!!

Gruß
HS

[Coxos]

so ist es
rücksetzer wird es imer wieder geben
aber langfristig ist hier noch etliches an luft
man muss nur mal schauen
was andere firmen so an marketcap auf die waage bringen
natürlich immer in verbindung mit etwa gleicher fördermenge (bopd) und 2p reserven

[Homer__Simpson]

Stimmt schon, die MK ist ein wichtiger Punkt, aber man muss natürich auch erwähnen, dass das politische Umfeld natürlich ein anderes ist, als z.B. in Europa. Aber trotz allem sollte hier noch einiges gehen.....

[Coxos]

super zahlen

[Coxos]

vergleicht mal mit Tullow -TLW.L

- marktkapitalisierung 9 milliarden pounds
- Group working interest production for 2009 forecast to average 58,000 bopd
- 741.2 mmboe Total reserves and resources in Africa
- 65.4 mmboe Total reserves and resources Rest of the World

in diese dimensionen wird afr auch wachsen
zumindst sind das die ziele
für die zukünftige afr kursentwicklung könnte das bedeuten
das sich afren noch ver10fachen kann
eine ver5fachung auf 3 jahressicht sollte demnach durchaus drin sein
voraussetzung:
- die weltwirtschaft und -börsen kommen in ruhiges fahrwasser und jahre wie 2008 fallen vorläufig aus
- afr kann die gesteckten ziele bzgl reserven und produktion erreichen

ich hätte nichts dagegen
afr bei 400-600p zu sehen

[XIO]

Antwort auf Beitrag Nr.: 38.064.266 von Coxos am 27.09.09 10:12:49

....nur keine Hektik

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.064.266 von Coxos am 27.09.09 10:12:49

Das wär schon n' Knaller!!

[MFC500]

27 September 2009

Following the announcement by the two partnering oil exploration companies, Oriental Energy Resources and Afren Nigeria, that it had signed a rig contract with Transocean for the Adriatic IX jack-up drilling rig, the first drilling phase had commenced with the spudding of the Ebok-5 appraisal well.

Top management of the two companies disclosed to journalists that the initial phase of drilling activity at Ebok would comprise of two appraisal wells.

According to them,both appraisal targets exhibit amplitude conformance with the Fault Block 1 and Fault Block 2 areas of the field,and it is anticipated that a total of 6 production wells would be drilled.

The commencement of drilling follows the recent announcement of the extension of the partnership between Oriental and Afren to include the Okwok field, adjacent to Ebok, significantly increasing the resource potential of the greater Ebok/Okwok complex.

The Chairman, Oriental,Energy Resources,Alhaji Mohammed Indimi stated that, "We are delighted that drilling operations have commenced at the Ebok field, having recently welcomed our partner Afren to participate in the appraisal and development of the nearby Okwok field, we look forward to firstly establishing Ebok as a production hub and replicating this success at Okwok whilst continuing to pursue other suitable development opportunities in the surrounding area. "

http://leadershipnigeria.com/index.php/news/business/6520-or…

[Coxos]

Afren Plc, a London-based explorer in Africa, has been approached by major international oil companies and state-owned energy companies interested in partnerships to develop fields off Ghana and Ivory Coast. “We’ve been approached by a lot of people: large Asian oil companies, a couple of majors and a couple of NOCs,” or national oil companies, Chief Executive Officer Osman Shahenshah said in a telephone interview today. “They’re very interested.” The explorer’s CI-01 field in Ivory Coast is adjacent to Tullow Oil Plc’s Jubilee field off neighboring Ghana. Tullow shares jumped in London last week after the company announced a deep-water discovery at its offshore Venus B-1 well in Sierra Leone. The discovery suggests offshore fields extending from Sierra Leone to Ghana may hold as many as 6 billion barrels of undiscovered oil, Tullow Exploration Director Angus McCoss said last week. Afren shares dropped 1.75 pence, or 2.2 percent, to 79.75 pence at 9:02 a.m. in London, after the company said its first- half net loss widened to $38.5 million, or 7.3 cents a share, compared with a loss of $26.8 million, or 8.6 cents, a year earlier, Afren said in a statement today. The explorer will drill at least five wells by the end of 2010 and would consider as many as nine if it had a partner, Shahenshah said. Afren had $153.3 million in cash as of June 30 and net debt of $194.9 million.

[XIO]

Explorer is building an empire and the prospects look promising
http://www.independent.ie/business/irish/explorer-is-buildin…

[Coxos]

After AIM quoted Afren presented at our 24th oilbarrel conference earlier this year, in April, we remarked in our report on the event that 2008 had been a transformational year for the group. Or perhaps that should read another transformational year for the African based E & P because this company has set a cracking pace since its IPO in 2005. The group had met its IPO goals, building a diversified asset base that stretched across six West African countries, delivered not only first but substantial production according to timetable and positioned itself to play a key role in the monetisation of West Africa’s vast but dormant gas resource, partly through its links with Gasol, another AIM company. Now as we read the interim results report for the six months ending June 30 2009 it is clear Afren is still cracking onwards and upwards. First production was in June 2008 when the Okoro Setu field in Nigeria came on stream. The company also acquired Devon Energy’s former assets in Cote d’Ivoire which added to the production tally. We now learn for the first half production was ahead of guidance on Okoro and CI-11 in Cote d’Ivoire, with group working interest forecast to average 22,238 bopd for 2009. Turnover for the six months was US$155 million against nil in the first six months of 2008 and US$43 million for all of 2009 and US$56 million pre-tax loss for that year. But perhaps more important there were further developments during the period under review on the Ebok discovery in Nigeria. The Ebok-4 appraisal well found a gross column of 274 ft of net oil pay indicating a field of 53 million barrels of 2P recoverable barrels of oil. This means the company looks likely to deliver 15,000 bopd from EBOK in first half 2010 and around 35,000 bopd by the end of 2010, possibly more. As Galib Virani, the head of acquisitions and investor relations at Afren has pointed out this would put the company on track for an exit rate of 65,000 barrels a day in 2010, perhaps more and puts it in line with City darling Tullow Oil and ahead of E & P stalwarts like Cairn Energy and Venture Production, Premier Oil and Dana Petroleum. Since Galib made this observation to oilbarrel.com the company has acquired the Okwok field (15km from Ebok). This could just generate cost synergies and but also offers significant reserves growth potential for the enlarged Ebok-Okwok complex. The company has estimated there could be 2P recoverable reserves in place across the complex with upside potential of 151 million barrels. The group has eight exploration and appraisal wells planned across the portfolio. These include the La Noumbi prospect in Congo in early October, targeting 40 million barrels (net) of unrisked prospective resources .In 2010/11 the company is targeting high impact exploration work in the Keta block in Ghana- estimated to hold 340 million barrels (net) of unrisked prospective resources - and the CI-01 block in Cote d’Ivoire with prospective resources of 90 million of unrisked resources (net). Looking further ahead Afren has been stitching together the commercial alliances to play a role in the monetization of West African gas, with cooperation agreements signed with E.ON Ruhrgas, African LNG Holdings, EDF and Gasol. The shadow hanging over all this large scale, ambitious and fast track development is that it all costs money. As oil prices tumbled in 2008 and credit became tight investors started to become anxious about financing for projects and the company’s gearing. Oil prices are better now, although still below their 2008 peak. The company is becoming highly cash generative. Edison Investment Research is forecasting turnover of US$330 million for 2009 and US$650 million in 2010. Investors will, however no doubt be relieved that Afren managed last April to raise US$118 million net of costs in an institutional placing priced at 32 pence a share. The placing helped Afren improve its balance sheet with net debt falling to US$194.9 million as at June 2009 from US$ 287 million at year end 2008. Gearing is now at 45 per cent compared with 82 per cent at year end 2008. Edison Investment Research reckons that with cash of US$153 million and projected consensus EBITDA of US$400 million for 2010 Afren should be able to pay its debt of US$150 million and capex commitments of US$200 million for the next 12 months. Potential farm-ins also remain a possibility, as also is a move to the LSE main board, which would widen the net of possible investors in Afren.. This should all allay fears that the company’s coffers would run short of the kind of cash needed to develop the key Ebok field.

[Homer__Simpson]

Ist das nicht ein geiler Chart???

[Coxos]

joh, ein äusserst geiler chart ist das
und das beste ist
da ist noch viel platz nach oben
sehr viel

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.135.903 von Coxos am 07.10.09 22:18:59

Das ist auch gut so und deswegen sind wir ja auch hier investiert!!

[Homer__Simpson]

Sieht heute auch schon wieder gut aus in London - zumindest bisher - .
Mal sehen, ob wir jetzt am Wiederstand bei ca. 0,88 Gbp hängen bleiben, oder ob's noch weiter up geht....

MACD kreuzt bullish, RSI steht allerdings schon bei ca. 70.

[XIO]

October 7, 2009
Afren: One to look into weakness
The way I see it the stock has short term downside to 80p on fund flows (some large hedge funds are sellers) and technicals… but enters FTSE 250 January or February, RDS are looking to sell them some really cheap assets, small 40-50mnbbls type assets currently too small for the big guys to work and which benefi from better fiscal terms under a Nigerian entity .. ie netbacks go from 2.50-5 per bbl .. so if you are RDS, why not give the assets to Afren, let them get $5 per barrel and take a royalty of around $2 ..less hassle, no political issues , everyone happy !. Ebok field could add 35p/sh unrisked and I am hearing solid things from RDS people. Obviously Addax must have strong views on it too.Expect 6 well exploration program next year targeting 685 bbls vs 129 bbls 2P today (easy 95p valuation then)

The stock, at 80p, will be at 8xPE and 3.4x EV/EBITDA 2010 at $70/bbl, so looks undemanding once we pass the 2009 cornerstone.

http://energyandmoney.blogspot.com/2009/10/afren-one-to-look…

[Homer__Simpson]

Wer will noch mal, wer hat noch nicht.

Charttechnisch alles supergenial bei Afren !!!

Ich vermute wir werden maximal bis in den Bereich Gbp 82/83 zurückgehen. Wer also nochmal "günstig" nachlegen möchte hat hier jetzt die Chance dazu.

Good luck all.

Wie immer nur meine Meinung.

Gruß

H__S

[runn64]

Antwort auf Beitrag Nr.: 38.173.190 von Homer__Simpson am 14.10.09 11:07:17

bei dem Ölpreis

[runn64]

Antwort auf Beitrag Nr.: 38.175.360 von runn64 am 14.10.09 14:36:10

die müssen mich gehört haben...
deine korrektur in allen ehren,aber(habe die dinger zu
deinen Wunschkurs bekommen,nicht damit wir dieses niveau wiedersehen...
ich verstehe zu gut daß du dann akkumulieren würdest
)

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.175.723 von runn64 am 14.10.09 15:10:26

Ich habe ja auch geschrieben bis max. 82/83 Gbp.
Vielleicht sehen wir sie nicht heute oder auch nicht morgen, aber ich vermute einmal werden wir sie noch antesten, bevor es den nächsten Hopser nach oben gibt.

Vielleicht irr ich mich ja auch und wir marschieren gleich weiter...??? Aber es würde gut ins Chartbild passen mit nem kleinen Rücksetzer und gesund ist's allemal!

Wunschkurs?? Nenene,bin eh schon länger dabei. Mir gehts nur um den Test der Unterstützung!

Gruß
H__S

[Coxos]

Afren: Total NAV 159p (risked); 332p (unrisked)

o Near term appraisal/exploration drilling to add 60p

o Offers cheap exposure to the West Africa Transform Margin (Ghana, CDI)

o Interesting excerpt on current development in Nigeria (“PIB – Majors under pressure: the Indigenous Afren Solution”)

Afren’s share price has recovered in a way that global economies can only dream of and is closing in on the 100p mark, a level last seen a little over a year ago. The rise of over 500% since the March lows though should not preclude fresh investment as we believe that the company’s low risk exploration and appraisal wells on Ebok will drive further upside. Further down the line, the Keta prospect, located on the same geological trend as Tullow’s Jubilee discovery, is a larger carrot for investors.

[Homer__Simpson]

....und die Reise geht weiter.....
London momentan GBp 95,50

[Homer__Simpson]

...und nun auch in Frankfurt....
kein Pennystock mehr !!!

[Diego22]

Ich bin noch immer auf der Suche nach einem Oilplayer mit anlagehorizont 3-5Jahre. Momentan habe ich Afren und Gulf Keystone im Auge.
Afren spricht mich momentan (da bereits Produzent) mehr an ...
Wie seht ihr das Potential von Afren?
Ich gehe von einem zumindest stabilen Ölpreis aus ... sehe Afren als positiven Produzenten (zwar in Risiko Ländern) - kann aber kaum etwas zu den weiteren Explorationen sagen.

Für Hilfe wäre ich dankbar ...

[Coxos]

Afren hat noch reichlich potential
ende 2010 werden sie täglich in etwa soviel wie tullow fördern
bei dann auch ähnlichen reserven
tullows marketcap ist momentan allerdings etwa 10x höher
siehe einige postings zurück
das sollte der markt letztendlich auch realisieren und
die marketcaps anpassen
wobei davon auszugehen ist
das tlw nichts an marketcap abgeben wird

wie bei allen firmen
ist die präsentation auf der afr seite sehr hilfreich

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.200.182 von Coxos am 17.10.09 21:29:45

Ob Afrens Markrtcap dann wirklich das zehnfache erreicht bleibt abzuwarten, allerdings sollten wir nicht ausser acht lassen, dass die Weltkonjunktur langsam wieder startet und der Ölpreus sich dementsprechend entwickelt.....

[runn64]

steigender Ölpreis = Konjunkturerhohlung
habe da so meine Zweifel betreffend der Erhohlung
(dennoch könnten die Märkte weterlaufen bis zum volligen Kollaps des Systems ;hat aber nichts mit Erhohlung zu tuun.Eher mit Inflation)
Auf " mainstream" Medien würde ich nicht viel geben...

setze eher auf massiven Kaufkraftverlust-vor allem-des US $
und auf altbekannte Peak Oil Theorie
(Peter Schiff u. Gerald Celente auf YouTube anhören...)

[Coxos]

es gibt nix am kursverlauf auszusetzen

[XIO]

Antwort auf Beitrag Nr.: 38.208.669 von Coxos am 19.10.09 20:22:05

yepp, und mit dem Öl.... das könnte noch bissl weiter gehen so.. der Dollar machts möglich

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.220.036 von XIO am 21.10.09 10:24:40

Ja auf jeden Fall, aber 'n kleiner Rücksetzer bzw. Konsolidierung auf diesem Niveau wäre nicht schlecht siehe auch aktuellen RSI!
Und dann weiter uuuuup....

[Coxos]

ich bin begeistert
tolles teil

[Homer__Simpson]

Jep, ist wirklich genial und auch ein Hammerchart!!

[MFC500]

VIDEO: Financial Times (FT) Interview with Egbert Imomoh, Chairman, Afren
http://go.sturvs.com/1CC-

[Coxos]

danke

[runn64]

Antwort auf Beitrag Nr.: 38.250.248 von Coxos am 26.10.09 09:00:01

bist du noch in Portugal,dann mach ein Sprung nach Lissabon
klasse Stadt - sollte man einmal gesehen haben...

[Coxos]

joh
kenn ich
bin aber zum wellenreiten hier
städte meide ich eher
morgensession im nebel beendet
das waren wieder nette wellen bei 21 grad
jetzt noch afren wellen auf 500 pence
das ging hier letzte woche ab

die weltspitze turnt hier gerade rum

[runn64]

Antwort auf Beitrag Nr.: 38.252.904 von Coxos am 26.10.09 15:07:58

so,so da gab es auch mal den "Upturner"
( ist ja bekanntlich untergetaucht)
der das wellenreien in Portugal liebte ...

ich bin eher ein beobachter dieses schauspiels von
der küste aus....dafür laufe ich die eine oder andere LSD*
u.a auch an der küste...

*LSD= long slow distance

Afren neigt heute wieder mal zur schwäche; sollte aber
die magischen 100p ad acta legen zumal der ölpreis mitspielt

[Coxos]

upturners alte liebe
dragon oil

[runn64]

Antwort auf Beitrag Nr.: 38.220.159 von Homer__Simpson am 21.10.09 10:36:07

da hast du deine konsolidierung

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.260.922 von runn64 am 27.10.09 13:49:22

Sieht doch sehr gesund aus alles!!

[runn64]

Antwort auf Beitrag Nr.: 38.261.233 von Homer__Simpson am 27.10.09 14:26:28

ja,ja
das sind eindeutig kaufkurse
schau mal die Umsätze auf LSE und derren qualität...

[Coxos]

auf 500 + x pence steigt man am besten mit
durchatmen

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.265.634 von Coxos am 27.10.09 21:56:08

Richtig, mit gesunden Pausen gehts weiter nach oben !!!!

[Coxos]

solange hier bei wo irgendwelcher anderer schrott
die rangliste der meistdiskutierten ölwerte anführt
ist alles gut
wo verkommt von jahr zu jahr mehr
und es war schon vor jahren grauenhaft
als die mafia hier laufbänder für extra zum abzoggen gegründete firmen geschaltet hat

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.175.723 von runn64 am 14.10.09 15:10:26

Siehste, hab doch gesagt, dass wir die 82 GbP noch mal antesten.
Jetzt kannste noch mal nachlegen ?!

[runn64]

Antwort auf Beitrag Nr.: 38.275.601 von Homer__Simpson am 28.10.09 22:34:33

schön gesagt.... doch wenn man zu sehr

"...die nacht vor dem tag lobt.."
stehet man bald bei 65p

[Coxos]

ganz schöne schwankungen bei unserer perle
na gut bei anderen perlen auch
muss der markt sein
haufenweise spinner
wie die blöden rein und raus
an die spinner
jezz aber wieder hoch
200 nächstes ziel

[MFC500]

03.11.2009

Ebok-5 Appraisal Well
Afren plc announces a drilling update on the Ebok-5 appraisal well and approval by the Department of Petroleum Resources of Phase 1a of the Field Development Plan for the Ebok project offshore Nigeria

Afren plc and its partner Oriental Energy Resources (“Oriental”) announce a drilling update on the Ebok-5 appraisal well and that requisite approvals have been received for the Ebok Phase 1a Field Development Plan (“FDP”).
Download Attachment: http://www.afren.com/download.axd?id=665

http://www.afren.com/news_and_media/press_releases/11/2009/1…

[Coxos]

sehr gute news

[Coxos]

und schon wieder sehr gute news
im dezember wechsel an die london stock exchange
dh sie werden dann irgendwann im ftse 250 und später im ftse 100 landen
die fonkkks müssen dann kaufen
bis 2012 werden 100.000 bopd angestrebt

alles in allem
eine perle vor dem herrn

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.315.643 von Coxos am 04.11.09 09:14:36

Selbst wenn wir die Listing-Geschichte samt den Fonds aussen vor lassen und uns nur die angestrebte Produktion anschauen haben wir hier noch erhebliches Potenzial !!!!

[Coxos]

joh
tullow -tlw
hat etwa 10fache marketcap
wenn wir davon 50% erreichen stehen wir bei 500penz
aber besser wärs
wir erreichen deren marketcap und gehen auf dausend

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.316.004 von Coxos am 04.11.09 09:53:26

Alles klar Bernd Förtsch aka Mr. Dausend

Ne mal im Ernst, dass kann schon ne mehr als runde Sache werden hier - ist es eigentlich jetzt schon - .
Ob wir nun die gleiche MK von tullow sehen....who knows...aber selbst wenn wir "nur" die Hälfte sehen würden, wäre das %technisch gesehen schon ne ziemliche Rakete!!

[runn64]

dann werde ich mir paar sicherheitsgurte für dez. zulegen

[Coxos]

habe gerade mal ne andere bude
die ich vorher nicht kannte
überflogen
haben keine 9000 bopd -alles gas
kosten bei den amis 1 mrd usd
soviel zu bewertungen
afr iss sowas von unterbewertet
das wird sich long term
bei 100.000 bopd
ändern müssen
und wir sind dabei

[MFC500]

Antwort auf Beitrag Nr.: 38.315.643 von Coxos am 04.11.09 09:14:36

Der geplante Wechsel an die LSE ist sehr wichtig und nicht zu unterschätzen, da der AIM ja einen weniger guten Ruf hat.

Coxos, wäre nett, wenn du nächstens auch die Meldung bzw den Link zur selben mitposten würdest.

http://www.sharecrazy.com/share2607share/share.php?disp=news…

[Coxos]

im blog
http://maximumprofit.wordpress.com/

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.316.303 von Coxos am 04.11.09 10:24:29

Ist der Wechsel an die LSE für den Dezember schon fix oder nur geplant??

[Coxos]

das dürfte fix sein

Pursuant to Rule 41 of the AIM Rules for Companies, the Company hereby gives
notice of the intended cancellation of trading of its ordinary shares on the
Alternative Investment Market ("AIM") of the London Stock Exchange.
It is expected that the cancellation of the trading in its ordinary shares on
AIM will take place at the same time as the ordinary shares are admitted to the
Official List and to trading on the London Stock Exchange's main market for
listed securities, which is expected to occur in early December, subject to the
receipt of the necessary approvals from the UK Listing Authority and the London
Stock Exchange.

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.317.500 von Coxos am 04.11.09 12:54:01

Jo,liest sich fix !!
Hab's auch gerade bei Finanznachrichten.de nachlesen können.

[Coxos]

am besten bei advfn.com anmelden
dort in den foren jeweils immer die news
ab 8 uhr deutscher zeit
in den dortigen foren -afr, dgo, gkp ... ist auch mehr los
als hier

[Alfgolf]

Antwort auf Beitrag Nr.: 38.317.700 von Coxos am 04.11.09 13:22:53

bin auch bei Dragon raus.....

bis März will ich nicht warten.....

bin jetzt hier drin

Viel Glück allen....

[runn64]

Antwort auf Beitrag Nr.: 38.320.099 von Alfgolf am 04.11.09 17:33:16

wenn du steuerfrei bist....
aber wieso eigentlich bis märz... dachte bis Januar

[Alfgolf]

Antwort auf Beitrag Nr.: 38.320.348 von runn64 am 04.11.09 18:03:26

habe im englischen bord bis märz gelesen....

und ich war nicht steuerfrei im Juni oder so bei3,1 € eingestiegen....

und man sieht ja das die 4,55p eine Blockade darstellen...

bis dahin kann das Geld, wenn der Gesamtmarkt mitspielt, einiges mehr machen

[Coxos]

78 seiten präsentation
http://www.afren.com/download.axd?id=671

[Vinyard]

Antwort auf Beitrag Nr.: 38.320.099 von Alfgolf am 04.11.09 17:33:16

Aber wenn der Gesamtmarkt nicht mitspielt ist das Geld bei DGO derzeit sicher geparkt. Bei den derzeitigen Kursen ist DGO eigentlich fast verschenkt wenn man das Cashpolster anschaut. Afren ist zudem schon sehr gut gelaufen. Bin auch am überlegen, aber mit soviel Kohle wie bei Dragon würde ich hier nicht reingehen.

Was mir hier gar nicht gefällt ist die relativ kurze Förderzeit für Ebok.

[Vinyard]

Eine erste Position von 10.000 Stück hab ich mir aber heute morgen in Frankfurt auch mal ins Depot gelegt.

[MFC500]

Nov 4, 2009

Afren has farmed into OPL 310 in the Benin basin, offshore western Nigeria. The company will hold a 40% legal interest, a 70% effective working interest, and technical operatorship of the license.

Work is under way to further assess the prospectivity of the block and define a forward drilling program. Afren and partner Optimum Petroleum have identified several prospects in the Cenonian, Turonian, and Albian sandstone reservoirs, with trapping configurations typically four-way dip closures over basement highs.

Of particular interest to Afren is the hydrocarbon potential that exists within the Upper Cretaceous (Cenonian and Turonian) horizons, which correspond to the proven hydrocarbon bearing zones at the company’s blocks CI-11 and CI-01 in Côte d’Ivoire and is equivalent to intervals of primary prospectivity at the company’s Keta block in Ghana.

http://www.offshore-mag.com/index/article-display/0706549894…

[Coxos]

Alfren Like all oil explorers of its size, Afren is a bet on drilling success
5. November 2009 maximumprofit Bearbeiten Kommentieren

The £660 million company has promising acreage in West Africa, particularly in Ivory Coast and Ghana, where its licence interests are close to the bumper Jubilee discovery of Tullow Oil. But it is also a bet on reform of the Nigerian oil industry. Under the proposed Petroleum Industry Bill, the Nigerian Government would be able to renegotiate old contracts, impose higher costs on oil companies and repossess acreage that has yet to explored. The likely losers are established multinationals, such as Shell, ExxonMobil and Chevron, which, having faced disruption to production from militant attacks in the Niger Delta, would have even less incentive to invest in the region. The potential winners include Nigeria’s state oil company, as well as smaller indigenous operators, including First Hydrocarbon Nigeria, in which Afren has a 40 per cent stake. For now, Afren continues to buy licences on its own account, yesterday acquiring additional acreage offshore Nigeria. But, given the recent strengthening of its balance sheet and stable and rising production (it targets 100,000 barrels a day by late 2012), it has scope for more. Confirmation of Afren’s move from AIM to the full list further enhances its appeal. At 92¼p, buy.

[Alfgolf]

Antwort auf Beitrag Nr.: 38.331.474 von Coxos am 05.11.09 22:31:15

schade Afren kann nichts mit dem schönen Anstiegs des Ölpreieses anfangen......

vielleicht morgen

[Made75]

Guten Abend allen, kann mir jemand erklären was in Amerika los ist? = Minus 40 Prozent , finde keine schlechten News, vielleicht habt Ihr eine Antwort,Danke

[Alfgolf]

Antwort auf Beitrag Nr.: 38.351.266 von Made75 am 09.11.09 19:46:19

ein witztrade....gehandelte Aktien 100 Stck. ....wahrscheinlich ohne Stop loss !!!

[Alfgolf]

Antwort auf Beitrag Nr.: 38.351.307 von Alfgolf am 09.11.09 19:50:52

meinte natürlich limit....

[Made75]

so, mein Puls hat sich wieder normalisiert, hoffe ich habe morgen noch Geld, sonst muss ich morgen bei mir im Garten nach Öl bohren, Bye

[Vinyard]

So, hab meine Kauforder so gerade noch storniert nachdem ich von der beabsichtigten Kapialerhöhung und somit Verwässung um 25% gelesen habe. Grundsätzlich denke ich dass dies eine gute Sache ist, aber man kommt die folgenden Tage wohl günstiger rein.

[Coxos]

Result of Placing - GBP104.9 million (US$175.0 million) Raised


Afren plc ("Afren" or the "Company") announces that it has raised GBP104.9
million (US$175.0 million) before commissions and expenses by the placing
completed today of 129.5 million new ordinary shares of 1 penny each in the
capital of the Company (the "Placing Shares") with institutional investors at 81
pence per share (the "Placing"). Merrill Lynch International ("Merrill Lynch")
is acting as global coordinator and joint bookrunner, Morgan Stanley Securities
Limited ("Morgan Stanley") as joint bookrunner and Jefferies International
Limited ("Jefferies"), Nomura International plc ("Nomura") and Evolution
Securities Limited ("Evolution") as co-lead managers in relation to the Placing.


The Placing represents in aggregate approximately 18.0 per cent. of the issued
share capital of Afren prior to the Placing. The Placing Shares will, when
issued, rank pari passu in all respects with the existing issued ordinary shares
of Afren, including the right to receive all dividends and other distributions
declared, made or paid after the date of issue.


The Company will apply for admission of the Placing Shares to the Official List
of the UK Listing Authority and to trading on the London Stock Exchange's main
market for listed securities ("Admission"). It is expected that Admission will
take place and that trading will commence on 3 December 2009.


The Placing is conditional upon, inter alia, Admission becoming effective and
upon the passing of the resolutions (without amendment) at the general meeting
of the Company scheduled for 30 November 2009. The Placing is also conditional
on the placing agreement made between the Company, Merrill Lynch, Morgan
Stanley, Jefferies, Nomura and Evolution not being terminated. It is anticipated
that the settlement date will be 3 December 2009.


As announced on 4 November 2009, it is expected that the cancellation of the
trading in Afren's existing ordinary shares on AIM will take place at the same
time as the existing ordinary shares and the Placing Shares are admitted to the
Official List and to trading on the London Stock Exchange's main market for
listed securities, which is expected to occur on 3 December 2009, subject to the
receipt of the necessary approvals from the UK Listing Authority and the London
Stock Exchange.


Exercise of Founder Warrants


Afren also today announced the exercise, by certain shareholders including some
of the Directors (the "Founder Shareholders"), of 40,000,000 warrants over
Ordinary Shares (the "Founder Shares") issued pursuant to the Company's
Founders' Investment and Warrant Scheme, which are due to expire on 11 December
2009, raising approximately GBP15 million (US$25 million) (before expenses) for
the Company. The proceeds from the exercise of the warrants do not form part of
the proceeds of the Placing but will be used in conjunction with the net
proceeds of the Placing.


In order to finance the exercise of these warrants and to pay tax obligations
arising from the exercise, the Founder Shareholders agreed to sell 24.5 million
of the Founder Shares in the Placing at the Placing Price.


Capitalised terms used, but not defined in this announcement have the same
meanings as set out in the announcement released by the Company earlier today in
relation to the Placing.

[Alfgolf]

Antwort auf Beitrag Nr.: 38.353.760 von Vinyard am 10.11.09 08:59:26

ein bisschen.....aber in London nur minimal im Minus....

mit dem neuen Cash dürften sie richtig gas geben nächstes jahr......

überlege nochmal nachzulegen....wollte aber nicht schon wieder auf kredit kaufen....

nebenbei...18% verwässerung

[Coxos]

wie aber soll man das wachstum sonst stemmen
vor vielen jahren gabs bei dragon oil bei 80 pence auch ne fette ke
danach gings im hoch auf 570 pence
die kennzahlen vom drachen kennt jeder
eine wahre perle
ich möchte dass afren dem drachen folgt

IEA-Prognose Gasmarkt vor massivem Preisrutsch
[11:46, 10.11.09]

Von Tobias Bayer

Die Entwicklung könnte unterschiedlicher nicht sein: Während Öl teurer wird, gibt es beim Gas eine regelrechte Schwemme. Deshalb könnte die traditionelle Preisbindung ans Öl bald fallen. Die Folge: Millionen Verbraucher zahlen deutlich weniger.



Die Internationale Energieagentur (IEA) hält mittelfristig eine Gassschwemme für wahrscheinlich. Angesichts neuer Vorkommen in den USA und dem stark gestiegenen Angebot an verflüssigtem Erdgas (Liquified Natural Gas, LNG) könnten in der nahen Zukunft vollkommen neue Preisverhältnisse entstehen, schreibt die IEA in ihrem am Dienstag vorgestellten jährlichen Energieausblick. Eine mögliche Konsequenz: Die seit Jahrzehnten gültige Kopplung des Gaspreises an den Ölpreis wird gelöst - was Millionen Verbrauchern tiefere Gasrechnungen bescheren könnte.

"Sollten die großen Exportländer einknicken und die Konditionen in den langfristigen Lieferverträgen ändern, also mehr Gas auf dem Spotmarkt geben, wären tiefere Preise die Folge", schreibt die IEA. "Das würde die Nachfrage ankurbeln und dabei helfen, dass bei der Energieerzeugung Gas zukünftig eine größere Rolle spielt." Das würde auch zu einer höheren Auslastung führen. Nach Schätzung der in Paris beheimateten Organisation werden in den Jahren 2012 bis 2015 rund 200 Milliarden Kubikmeter an Pipeline- und LNG-Kapazitäten ungenutzt sein, 2007 hatte der Wert noch bei 60 Milliarden Kubikmeter gelegen.

Die Entwicklung auf dem Erdgas- und Ölmarkt könnte unterschiedlicher nicht sein. Während der Preis für die US-Rohölsorte West Texas Intermediate (WTI) seit Jahresbeginn um knapp 80 Prozent zulegte, fiel der Preis für US-Erdgas am Lieferpunkt Henry Hub über denselben Zeitraum um 33 Prozent, für britisches NBP-Gas - NBP steht für National Balancing Point, dem liquidesten Umschlagplatz für Erdgas in Europa - um knapp 43 Prozent.

Für Energiekonzerne wie E.ON, RWE oder Gaz de France ist das aktuelle Marktumfeld schwierig. Sie beziehen Erdgas aus langfristigen Lieferverträgen, die meistens öl-indexiert sind, und müssen gleichzeitig die Menge zum aktuellen Marktpreis absetzen. "Momentan liegt der Erdgaspreis auf dem Spotmarkt deutlich unter dem Niveau der langfristigen öl-indexierten Lieferverträge. Das ist eine Konsequenz starker Nachfragerückgänge aufgrund der wirtschaftlichen Schwäche", sagte Bart Riemens, Gashändler bei RWE.



Rezession drückt auf Energieverbrauch

Wegen der Krise und der Politik, die einen stärkeren Fokus auf regenerative Energien legt, nimmt die IEA ihre Nachfrageprognose deutlich zurück. In ihrem aktuellen Bericht geht sie davon aus, dass der Verbrauch 2009 zum ersten Mal seit 1981 deutlich zurückgeht. In ihrem Referenzszenario prognostiziert sie nun einen jährlichen Nachfrageanstieg um 1,5 Prozent auf 16.800 Millionen Tonnen an Öläquivalenten (Mtoe) im Jahr 2030. In ihrer Analyse 2008 war sie noch von einem durchschnittlichen Plus von 1,6 Prozent und einem Verbrauch von 17.010 Mtoe 2030 ausgegangen.

Ebenfalls nach unten revidiert wird die Ölnachfrage. Für 2030 rechnet die IEA hier mit einer Summe von 105 Millionen Barrel (je 159 Liter) täglich. Im Jahr zuvor hatte die IEA noch 106 Millionen Barrel täglich veranschlagt. Das gesamte Nachfragewachstum - momentan werden weltweit 85 Millionen Barrel täglich nachgefragt - gehe auf Schwellenländer zurück.

Peak beim Ölangebot aus Nicht-Opec-Ländern erreicht

Aus Sicht der IEA wird die konventionelle Ölförderung in Ländern, die nicht zur Organisation Erdöl exportierender Länder gehören, ihren Höhepunkt bereits nächstes Jahr erreichen. Im 2008-Bericht war noch die Rede von „Mitte nächster Dekade“, also 2015 gewesen. Darunter fallen Länder wie Russland, Mexiko oder Kanada. „Diese neue Einschätzung deckt sich mit den meisten anderen vorliegenden Studien“, sagte Steffen Bukold, Gründer des Hamburger Beratungshauses Energycomment und Herausgeber eines wöchentlichen Ölnewsletters. Den Ölpreis sieht die IEA im Jahr 2020 bei 100 Dollar, im Jahr 2030 bei 115 Dollar. Die Industriestaaten würden so im Jahr 2030 zwei Prozent ihrer Wirtschaftsleistung für Öl- und Gasimporte ausgeben, schreibt die IEA.

http://www.boerse-online.de/aktuell/:IEA-Prognose--Gasmarkt-…

[Coxos]

in london gerade ins plus gelaufen
ca 10% vom tief hoch

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.357.894 von Coxos am 10.11.09 16:35:36

Jep, wirklich nicht schlecht.
Ich hoffe Vinyard läuft den Kursen nun nicht hinterher weil er/sie doch wegen der Kapitalerhöhung die Order heute morgen stoppte und auf günstigere EK's hoffte.
Ich vermute wir werden kaum viel günstigere Kurse sehen, als wie sie heute in London waren.

Natürlich nur meine Meinung.

[Vinyard]

Das Ganze mit der KE ist ja schon durch. Gebe dir recht, wird kaum günstiger werden. Aber soviele Stücke wie ich wollte sind heute in Deutschland nicht gehandelt worden. Insofern nicht weiter schlimm.

PS: Ich habe ja schon im fünfstelligen Bereich Aktien. Kann mich also über die Kurserholung auch freuen.

@Coxos

Wo bist du derzeit noch drin?

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.358.839 von Vinyard am 10.11.09 18:06:42

Warum hast Du es nicht über London gemacht??

[MFC500]

es ist jedenfalls beeindruckend, wie schnell man diese Kapitalerhöhung durchgezogen hat. Das zeugt von Professionalität und natürlich auch von hohem Interesse auf Investorenseite. Auch das umgehende Wideraufholen der Kursverluste infolge der Ankündigung ist bemerkenswert. Well done.

[XIO]

Antwort auf Beitrag Nr.: 38.361.236 von MFC500 am 10.11.09 22:00:50

yo, das ist "Typisch" positiv verlaufen bei Afren.. auch in der Vergangenheit waren KE`s kein Problem!!!

[Vinyard]

Beim Comdirect kann ich leider nicht in London handeln und bei etrade und der Spaskasse ist momentan keine Cashbestand.

[Vinyard]

So, weitere 10000 Stück gehören mir. Da hätte ich meine Order gestern früh auch drin lassen können. Aber wer weiss das schon.....

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.362.730 von Vinyard am 11.11.09 09:17:36

Jep, wie man's macht ist's eh immer verkehrt.

[Vinyard]

Bleibt zu hoffen dass es in 2 - 3 Jahren total egal ist ob man für 85, 95 oder 105 cent eingekauft hat.

[runn64]

Antwort auf Beitrag Nr.: 38.364.454 von Vinyard am 11.11.09 12:34:00

vorausgesetzt man ist noch am leben

[XIO]

Antwort auf Beitrag Nr.: 38.362.730 von Vinyard am 11.11.09 09:17:36

ich finde das posten von stückzahlen bissl strange
das kann es eh keiner nachprüfen, selbst wenn es wahr ist

[Vinyard]

Tschuldige; ich werde mich zurückhalten.

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.364.454 von Vinyard am 11.11.09 12:34:00

oder für 49 cent

[Vinyard]

Was meinst du genau?

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.378.873 von Vinyard am 13.11.09 05:56:42

Das war meine Antwort auf Dein posting # 600.

Schönes WE Euch allen !

Gruß
H__S

[MBent]

NEWS 17.11.2009Highlights
* The Ebok- 5 appraisal well has been drilled to a total depth of 3,743′ md
* Ebok-5 has encountered a further 54 ft of gross oil pay in the D2 and LD1F reservoirs
* The oil column is full to base in both reservoirs
* Extensive log and pressure data has been acquired over these intervals, which are currently being analysed
* A total of four oil-bearing reservoirs were encountered ranging in measured depth from 2,341 ft. to 3,090 ft.

The Ebok-5 well, which was drilled by the Transocean Adriatic IX jack up drilling unit, has been drilled to a total depth of 3,743′. The well encountered a total gross oil column of 266 ft in the D1 and LD-1E reservoir sands ranging in measured depth from 2,341 ft to 3,090 ft, in addition to a further 54 ft of gross oil pay in the D2 and LD1F reservoirs.
Osman Shahenshah, Chief Executive of Afren, commented: „The Ebok-5 well results have exceeded pre-drill estimates, and provide an important additional calibration point for the amplitude model, which will assist in further appraisal and de-risking of the remaining upside potential in the Ebok – Okwok complex.“
Alhaji Mohammed Indimi, Chairman of Oriental, commented: „We are delighted with the successful results of the Ebok-5 appraisal well. Since Afren and Oriental established our partnership, we have grown the resources base on Ebok from a pre drill minimum economic field size of circa 25 million barrels to a current recoverable reserves base in excess of 78 million barrels. We look forward to further increasing our presence in the Ebok-Okwok area.“

[MBent]

MELDUNGEN VON G E S T E R N!!!

DEUTSCHE BANK & MORGAN STANLEY?!?!

1. Identity of the issuer or the underlying issuer Afren Plc

of existing shares to which voting rights are attached: ii 2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify):
3. Full name of person(s) subject to the Deutsche Bank AG

notification obligation: iii 4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on 12/11/2009

which the threshold is crossed or reached: v
6. Date on which issuer notified: 13/11/2009
7. Threshold(s) that is/are crossed or 3%

reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number Number of voting % of voting rights x
of of of shares rights
Shares Voting
Rights
Direct Direct xi Indirect xii Direct Indirect
GB00B0672758 Below 3% Below 3% 21,619,962 21,619,962 3.01%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period xiv rights that may be rights
acquired if the
instrument is
exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction
Type of financial Exercise price Expiration date xvii Exercise/ Number of voting rights instrument refers to % of voting rights xix, xx
instrument Conversion period xviii
Nominal Delta

Total (A+B+C)
Number of voting rights Percentage of voting rights
21,619,962 3.01%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name: Natalie Brewer\Darren Wickert
15. Contact telephone number: +00 44 207 545 1994\50789

This information is provided by RNS The company news service from the London Stock Exchange

2. T E I L

1. Identity of the issuer or the underlying issuer Afren Plc

of existing shares to which voting rights are attached: ii 2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify):
3. Full name of person(s) subject to the Morgan Stanley
notification obligation: iii (Institutional Securities Group and Global Wealth
Management)

4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on 10-11-2009

which the threshold is crossed or reached: v
6. Date on which issuer notified: 12-11-2009
7. Threshold(s) that is/are crossed or 3%

reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number Number of voting % of voting rights x
of of of shares rights
Shares Voting
Rights
Direct Direct xi Indirect xii Direct Indirect
GB00B0672758 Below 3% Below 3% 25,578,843 25,578,843 3.56%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period xiv rights that may be rights
acquired if the
instrument is
exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction
Type of financial Exercise price Expiration date xvii Exercise/ Number of voting rights instrument refers to % of voting rights xix, xx
instrument Conversion period xviii
Nominal Delta

Total (A+B+C)
Number of voting rights Percentage of voting rights
25,578,843 3.56%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Morgan Stanley Securities Ltd 25,578,843 3.56%

Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease N/A

to hold:
12. Date on which proxy holder will cease to hold N/A

voting rights:

13. Additional information:
14. Contact name: David Lindsay
15. Contact telephone number: 020 7677 5468

This information is provided by RNS The company news service from the London Stock Exchange

Gruss MBent

[seastar]

moin Leute,

bin hier nach Überlegen nun auch eingestiegen, da ich denke das es hier noch ganz interessant werden kann.
Was meint ihr geht es im Dezember noch richtig up? Ich seh die Geschichte ja eher mittelfristig.

Wann geht es denn mit den nächsten Wells los?

Gruß von der Küste

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.450.009 von seastar am 25.11.09 08:58:43

Tja, wenn wir hier alles Hellseher wären....

Mittel- und Langfristig sollte es aber eine lukrative geschichte sein !!!

[XIO]

Afren's future production means the shares are cheap

Questor says BUY

http://www.telegraph.co.uk/finance/markets/questor/6753653/A…

[XIO]

es wird spannend:



A-G: Ghana reserves right to decide oil partners
http://news.myjoyonline.com/business/200912/39002.asp

>>>The two-day international seminar is under the theme; Wave of the Future, New Opportunities in a Recovering Africa and organised by Magenta Global, an independent business media company in collaboration with the Ministry of Energy. It is also supported by the Ghana Investments Promotion Centre, the Association of Ghana Industries, the law firm Dewey & LeBoeuf, VANCO Energy Company, the Ghana National Chamber of Commerce and AFREN, an independent oil and gas exploration and production company.<<<

[MFC500]

10 December 2009

Afren plc has announced a significant upgrade to Ebok volumetrics following full analysis of the Ebok-5 appraisal well results offshore Nigeria

Highlights
• Ebok-5 encountered a total of 377 ft gross oil pay in the D1, LD-1E, LD-1F and D2 reservoir sands
• Ebok Fault Block West STOIIP upgraded to 158 mmbbls oil (92 mmbbls pre drill), representing a 72% increase in volumes
• Gross technically recoverable volumes for Ebok Fault Block West have increased to 40 mmbbls (25 mmbbls pre drill)
• Upgrade to total Ebok field volumetrics of 290 mmbbls STOIIP and 93 mmbbls estimated recoverable
• Total Ebok resource potential increased to 167 mmbbls

Ebok-5 appraisal well results
The Ebok-5 appraisal well, which was drilled by the Transocean Adriatic IX jack up drilling unit, was drilled to a total depth of 3,743 ft on the Ebok Fault Block West ('FBW'), with drilling operations completed on 17th November 2009. The well encountered a total gross oil column of 377 ft (comprising 323 ft in the D1 and LD-1E reservoir sands, in addition to a further 54 ft of gross oil pay in the D2 and LD-1F reservoirs).

Reserves growth - progressive de-risking of further upside potential
The greater than expected oil column (particularly in the LD-1E reservoir) has led to an upgrade in volumetrics for FBW to 158 mmbbls STOIIP of which 40 mmbbls is estimated as recoverable (versus pre-drill estimates of 92 mmbbls STOIIP, 25 mmbbls recoverable). This increases total 2P Ebok recoverable reserve estimates to 93 mmbbls.

This reserves growth is an endorsement of Afren's technical capabilities, and has been delivered through the deployment of Afren's understanding and interpretation of the regional subsurface. The Ebok-5 well results will be fully integrated into Afren's subsurface model and will further assist in de-risking the remaining 74 mmbbls appraisal potential at the Ebok field (with total resource potential of 167 mmbbls).

Continued appraisal and development of the Ebok field
Post completion of the Ebok-5 appraisal well, the drilling rig re-located to the central area of the field and spudded the Ebok-6 appraisal well on 20th November 2009. The well is targeting an estimated 33 mmbbls STOIIP and 8 mmbbls recoverable in the D2 Southern Lobe. Following completion of the Ebok-6 well, Development Phase 1a drilling will commence.

The Phase 1a development plan comprises five horizontal oil production wells in the D2 reservoir, one horizontal oil production well targeting the D1 reservoir and one water injection well in the central Fault Block 1 and Fault Block 2 areas of the field. All wells will be drilled from a single field location via a Well-head Support Structure ('WSS') and mobile offshore production unit ('MOPU'). Fabrication of the WSS is complete and is in transit for delivery to the project. The Company is in the process of finalising contract discussions on the production facilities. Associated gas produced will be utilised as fuel for the facilities' power generation and as gas lift to assist well productivity.

Osman Shahenshah, Chief Executive of Afren, commented:
'The better than expected Ebok-5 well results further upgrade the reserve estimates for the project and provide a greater understanding of the broader Ebok - Okwok complex. With the benefit of an additional oil bearing data point, we will continue to deploy our core technical strengths and enhanced understanding in further unlocking the remaining upside potential at both the Ebok and Okwok fields.'

Alhaji Mohammed Indimi, Chairman of Oriental, commented:
'We are very pleased with the Afren-Oriental partnership. The Ebok-5 appraisal well, supplements Ebok-4 drilling success, both of which have exceeded our pre-drill expectations and materially increased the Ebok resource base.'

http://www.oilvoice.com/n/Afren_Announces_Significant_Upgrad…

[Alfgolf]

Antwort auf Beitrag Nr.: 38.541.733 von MFC500 am 10.12.09 10:25:02

http://www.thisismoney.co.uk/investing/share-tips-and-fund-t…

Midas update -Afren

Our second company is also based in Africa and it has been doing pretty well. Nearly three years have passed since Midas first recommended the business, Afren, an African oil company.

Back in January 2007, the shares were 56p. Since then, the business has developed substantially and the share price has risen 55 per cent to 87p. Afren is involved in ventures across the West coast of Africa but it is principally focused on Nigeria and the Cote d'Ivoire.

Already producing 25,000 barrels of oil a day, production is expected to rise to 35,000 bpd within 12 months and 100,000 by 2012.

Until now, the group has been loss-making but profits of $21.3 million (£14 million) are expected for 2009, surging to $274 million in 2010 and $624 million the following year.

In other words, Afren is changing fast and, in recognition of its evolution, the group has now moved from Aim to the main market. This should make the shares more attractive to large investors and could therefore help to boost the price.

Midas verdict: Afren's chief executive, Osman Shahenshah, has more than 20 years experience in the oil and gas sector. American born and educated, he has been involved in the African oil industry for years and worked out that the best way to develop a business there was by involving local businesses, local people and local politicians. The company is extremely well connected in Nigeria and neighbouring states and makes a point of training and educating the indigenous population. Shahenshah is keen to develop Afren over the coming years and supporters believe the share price should rise to 130p in the next 12 months and even higher as oil production grows. Investors who bought at 56p should sell 40 per cent of their holding but keep the rest and watch the group develop.

BUY, SELL, HOLD
There are currently 5 broker(s) tracking this stock. The results are:
BUY: 4
HOLD : 1
SELL: 0
UPDATED: 17/12/2009 07:55 pm
DISCUSS YOUR SHARES
LIVE PRICES

[MFC500]

20.12.09

Royal Dutch Shell has launched a shake-up of its controversial operations in Nigeria by offering oilfields valued at up to $5 billion (£3.1 billion) for sale.

...

Sinopec, one of China’s state-owned oil groups, has requested information. It is thought that indigenous companies such as Oando, Nigeria’s largest independent group, and London-listed Afren, could also pick up some fields.

vollständiger Artikel: http://business.timesonline.co.uk/tol/business/industry_sect…

[XIO]

Gasol, the gas subsidiary of Afren, has declared intention to mop up stranded gas reserves in the Gulf of Guinea for monetization.

The company, believed to be largely owned by the Minister of Petroleum Resources, Dr. Rilwan Lukman, stated that it would particularly reassess all of the opportunities available for monetisation of stranded gas assets in the Gulf of Guinea, taking into account the speed with which projects can be developed and desire to achieve early shareholder returns.

"Gasol anticipates that the review will result in new business activities to be developed alongside the existing projects already under development. The Company expects to announce the conclusion of the review during the first quarter of 2010," according to the statement.

http://allafrica.com/stories/200912230197.html

[XIO]

BROKER CALL: Cazenove initiaites Afren with an outperform rating

2 December, 2009 09:22:30 AM



Broker says: 'Given the location of Afren's assets, its stock market value is inevitably volatile, as investor risk appetite ebbs and flows. We expect the extreme volatility experienced 12 months ago will not recur following Afren's move from AIM to the main Market. Afren's assets in Nigeria also show a large range of resources that, subject to drilling results, may prove-up material value upside. We therefore expect the shares to occupy a broad bandwidth around our core NAV, making it tricky to prescribe a fair value for this name. We therefore suggest a range from 110p to 120p.'

[Homer__Simpson]

Antwort auf Beitrag Nr.: 38.632.104 von XIO am 26.12.09 10:05:29

[XIO]

schon gesehen?

Financial Times (FT) Interview with Egbert Imomoh, Chairman, Afren

http://www.youtube.com/watch?v=o3d7PBeUkKQ

[XIO]

Vorsicht!!! evtl Turbulenzen voraus

Nigeria
"Präsident Yar'Adua wollte entschlossen gegen die Islamisten vorgehen - jetzt liegt er schwer krank in einem saudi-arabischen Krankenhaus. """

http://www.tagesschau.de/ausland/nigeria178.html

[Homer__Simpson]

100 GBp erreicht.....und die Reise geht weiter....

[Alfgolf]

Antwort auf Beitrag Nr.: 38.692.182 von Homer__Simpson am 08.01.10 12:24:54

Citigroup raises Afren Plc to buy from hold


gut so

[MFC500]

12.01.10

Afren raises estimates for Ebok field

Afren said the Ebok-6 appraisal well, off the coast of Nigeria, has exceeded pre-drill expectations and it raised its estimates for the field.

Ebok-6 encountered a total of 107 feet of gross oil pay, it said.

The company has successfully completed its three well pre-development appraisal phase on Ebok.

"We have significantly upgraded reserves at the project to 116 mmbbls (million barrels) recoverable, representing an incremental 91 mmbbls recoverable, through a 100 percent drilling success rate," said Chief Executive Osman Shahenshah.

The total Ebok resource potential has increased to 182 million barrels recoverable, it said on Tuesday.
http://af.reuters.com/article/investingNews/idAFJOE60B060201…

[XIO]

Afren taps more black gold at Ebok

http://www.upstreamonline.com/live/article203251.ece

UK based Afren plc has lifted the resource potential in the Ebok field to 182 million barrels on the success with the Ebok-6 appraisal well off Nigeria.

[schnappi]

http://www.investegate.co.uk/Article.aspx?id=201001211213109…

[XIO]

Afren - the UK company leading the hunt for Africa's oil

Afren - the UK company leading the hunt for Africa's oil

[XIO]

Antwort auf Beitrag Nr.: 38.805.028 von XIO am 25.01.10 14:17:05

hier der richtige Link:

http://www.telegraph.co.uk/finance/newsbysector/energy/70671…

[Vinyard]

Hier ist es ja sehr ruhig geworden. Gut, die Aussichten für 2010 wurden nach unten korrigiert, aber trotzdem ist Afren noch interessant. Bin trotzdem froh die Löwenposition in DGO gelassen zu haben.

[Diego22]

Antwort auf Beitrag Nr.: 39.110.566 von Vinyard am 11.03.10 09:11:42

Für die guten Werte interessiert sich halt keiner

[XIO]

Afren plc (AFR LN)

Rig contract

London, 17 March 2010 - Afren plc ("Afren" or the "Company") and its partners Oriental Energy Resources and Amni International Petroleum Development Company, announce the signing ofan additional drilling contract with Transocean for the GSF High Island Vll jack-up rig, to carry out planned drilling on their assets located offshore South East Nigeria.

Highlights

u Contract duration up to 210 days


u Day rate of US$84,000

u Expected to mobilise on 24 March 2010 with an estimated five days to tow and jack-up on location


u Necessary drilling resources in place to undertake planned development, appraisal and exploration drilling around Ebok / Okwok / OML 115 and infill drilling at Okoro


u The first well, Ebok Deep, to spud end March 2010


A rig contract has been signed with Transocean, commencing in March 2010, to carry out planned drilling at the Ebok / Okwok / OML 115 complex and Okoro field offshore south east Nigeria. The contract will run for a period of up to 210 days, and has been secured at an operating rate of US$84,000 per day. The GSF High Island Vll rig is expected to mobilise from its current location in Cameroon on 24 March 2010.

With the Transocean Adriatic lX rig already under contract and drilling ahead at Ebok under the Phase 1 development plan, the introduction of a second rig provides the necessary resources and flexibility to complete Afren and its partners planned 2010 work programme that incorporates:

o The drilling of one exploration well to test the Ebok Deep intervals


o One appraisal well to define the size and extent of the Okwok field and its development requirements

o One exploration well to test the prospectivity that has been identified on the surrounding OML 115 acreage

o Six wells under development Phase 2 at the Ebok West Fault Block

o Two infill production wells at the producing Okoro field

[runn64]

sollten wir mit der heutigen meldung endgültig
die schwerraft überwinden....

[XIO]

Afren plc (AFR LN)
US$450 million Reserves Based Lending Debt Facility secured

London, 25 March 2010 - Afren plc ("Afren" or the "Company") has finalized
arrangements for a new up to US$450 million reserves based lending ("RBL") debt
facility.

On Wednesday 24 March, a facility agreement for up to US$450
million was executed by Afren. The up to US$450 million of debt, secured
against the Ebok field reserves, has a maturity of a maximum of five years, is
repayable semi-annually and has a margin of between 4% to 5.5% over
LIBOR.

The three Mandated Lead Arrangers and Technical Banks, BNP
Paribas, Crédit Agricole Corporate and Investment Bank and Natixis will support
the initial development funding of the Ebok field. Subject to certain
conditions being met, the Facility shall extend to the development funding of
any subsequent phases of the Ebok field, the Okwok field, OML 115, or other
development projects located in Oil Mining Lease 67, offshore
Nigeria.

[Vinyard]

Im Steilflug geht es sicher nicht; dazu waren die Prognoserücknahmen für 2010 und Ebok einfach zu hoch. Trotzdem fühle ich mich derzeit gut aufgehoben mit Afren.

[Coxos]

PetroNeft auch nicht schlecht
neben afr, dgo, gkp im ölsektor ein wert
den man haben sollte
http://docs.google.com/View?id=ddvvqqdv_79dqk6zrgd
:-)

[runn64]

Antwort auf Beitrag Nr.: 39.225.225 von Coxos am 26.03.10 17:47:36

ja das ding ist wie wachgeküsst nach den letzten news
und immer noch nicht zu teuer

[XIO]

Nigerias Präsident Yar'Adua gestorben


http://de.reuters.com/article/worldNews/idDEBEE6450262010050…

[XIO]

jetzt auch ost africa:

http://www.pr-inside.com/just-released-mergers-acquisitions-…

Afren plc (Afren), reached an agreement to acquire all of the issued and to be issued share capital of Black Marlin Energy Holdings Ltd. (Black Marlin), in exchange for the issue of approximately 76.8 million shares in Afren, representing a value of approximately CAD106.5 million ($101.66 million).

[XIO]

Flagship field set to double Afren output
http://uk.finance.yahoo.com/news/flagship-field-set-to-doubl…

Afren (LSE: AFR.L - news) said it will more than double production by 2011 as its flagship oilfield comes on stream in Nigeria at the end of this year.

Osman Shahenshah, chief executive, said that the development of Afren's offshore Ebok field will add 35,000 barrels of oil equivalent per day (boe/d) to the company's existing production of 20,400 boe/d.

The FTSE 250 explorer, which has used its local relationships to acquire a string of assets in Nigeria and west Africa once held by foreign oil majors, announced a pre-tax profit for the six months to June 30, of $75.4m (£49.1m), up from a $37.4m loss last year. It is Afren's first profit since joining Aim in 2005.

It came despite decreased production, down from 22,900 boe/d to 20,400, reflecting the combined effect of higher oil prices and lower costs.

Dougie Youngson, oil analyst at Arbuthnot Securities, said Afren's results were in line with expectations but warned there could yet be a delay with the Ebok field.

"Obviously there's some fall out from BP in the Gulf of Mexico ... but the [Ebok] delay is weeks rather than months. The crux in the short-term remains the company's Nigerian assets and then more prospectively, they have some interesting exploration plays in East Africa," said Mr Youngson.

Afren, part of a new breed of so-called indigenous African oil companies snapping at the heels of the foreign majors, has assets in Ivory Coast, Ghana, Congo-Brazzaville and Sao Tome and Principe. As part of its plans to expand into a pan-African company, in June the group bought Canada's Black Marlin for $101m in a deal that gave it a significant foothold in some of east Africa's highly prospective acreage. Black Marlin operates in Kenya, Ethiopia, the Seychelles and Madagascar, with 1.2bn boe in net resources.

Galib Virani, associate director, said Afren could make further Nigerian acquisitions this year as it seeks to take advantage of majors such as Shell (LSE: RDSB.L - news) and Exxon, the previous operator of the Ebok field, scaling down operations in the country. He said: "We think there's approximately 120 fields in Nigeria holding between 80-120m barrels that are currently lying fallow under the majors. We're progressing a number of discussions over some of those opportunities in the second-half."

[Coxos]

jetzt arte
das ölzeitalter

[XIO]

Gut schaut´s aus

[XIO]

Questor share tip: Afren is now a profitable pan-African oil play
http://www.telegraph.co.uk/finance/markets/questor/7975540/Q…

[Vinyard]

Ich hoffe die ersten Barrel von Ebok werden bald gefördert. Die zeitliche Nähe scheint dem Kurs derzeit durchaus zu helfen.

Hoffentlich gibt es keine weiteren Verzögerungen oder Probleme.

[XIO]

8 October 2010

Completion of the Acquisition of Black Marlin Energy Holdings Limited and the
First Day of Dealings

Afren plc ("Afren" or the "Company") announces that the Scheme of Arrangement
relating to the Acquisition of Black Marlin Energy Holdings Limited ("Black
Marlin") by Afren plc (the "Acquisition") received BVI court approval on 6th
October 2010 and that the Acquisition completed on the 7 October 2010.

[XIO]

.... läuft

[XIO]

Afren opens new fairway in East Africa
http://www.offshore-mag.com/index/article-display/3168534085…

[Diego22]

Antwort auf Beitrag Nr.: 40.305.377 von XIO am 12.10.10 14:49:27

Oct 27 (Reuters) - Afren Plc:

* JP Morgan raises Afren price target to 145P from 120P; rating

overweight



Oct 25 (Reuters) - Afren Plc:

* UBS raises Afren Plc price target to 155P from 115P; rating buy

[Diego22]

Antwort auf Beitrag Nr.: 40.401.407 von Diego22 am 27.10.10 17:48:38

Afren plc (AFR LN)

Interim Management Statement

London, 28 October 2010 - Afren plc ("Afren" or the "Company"), issues the following Interim Management Statement, in respect of the period 1 July 2010 to 28 October 2010, in accordance with the reporting requirements of the EU Transparency Directive. Information contained within this release is un-audited and is subject to further review.

Highlights

u Stable net production of 16,101 boepd to 30 September 2010

u Acquisition of a 45% interest in OML 26 from Shell Production Development Company of Nigeria Ltd., Total E&P Nigeria Ltd., and Nigeria Agip Oil Company, by First Hydrocarbon Nigeria

u Ebok development progressing, with first oil expected by year end

u Okwok appraisal ongoing - 35 ft of good quality pay encountered in the D2 reservoir; flowed 31° API crude oil at constrained rates intended to ensure integrity of the completion

u Acquisition of Black Marlin Energy completed - multi well exploration campaign defined through to end 2012

u Exploration drilling on OML 115 now scheduled for early 2011 (60 mmbbls Ufon prospect to be drilled)

u Infill drilling at the Okoro field by year end expected to add incremental gross rates of between 3,000 bopd to 5,000 bopd



Osman Shahenshah, Chief Executive of Afren Plc commented:

"2010 has, so far, been a year of unprecedented activity for Afren with portfolio growth across the full cycle E&P value chain. In Nigeria, Afren's support of First Hydrocarbon Nigeria's acquisition of a 45% stake in OML 26 from the operating subsidiaries of Shell, Total and ENI marks an important milestone in our long term commitment to the indigenous oil and gas sector. This acquisition is materially accretive to Afren's NAV, and is a strong endorsement to Afren's long term strategy. Our existing platform of producing assets continues to underpin the business, providing the strong foundations upon which we have been able to grow. The Ebok field development is progressing well with first oil expected by year end. Having also now completed the acquisition of Black Marlin, opening up a new core area for us in East Africa, we are preparing to enter an active exploration phase, with multiple wells scheduled in 2011."




Net production

Net production at the Company's assets to 30 September 2010 was:

Net production
Okoro
CI-11
Lion Gas Plant
Total

Working Interest %
95.00%
/50.00%*
47.96%
100.00%



Net oil production bopd
12,566
541
-
13,107

Net gas production mmcfd
-
13
-
13

Net natural gas liquids production boepd
-
-
753
753

Total net production boepd
12,566
2,782
753
16,101


*Cost recovery achieved by Afren at the Okoro field mid 2010

[Diego22]

Oct 29 (Reuters) - Afren Plc:

* Arbuthnot raises Afren price target to 187P from 135P; rating strong

buy

[pennystockgeek]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[pennystockgeek]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[XIO]

Antwort auf Beitrag Nr.: 40.493.459 von pennystockgeek am 10.11.10 16:03:47

???

[XIO]

13 January 2011

Afren plc (AFR LN)

Conference presentation

London, 13 January 2011 - Afren plc will today be presenting at the Evolution Securities East African E&P Conference.

The presentation materials, titled "Exploring the rift and coastal basins of East Africa" are available on Afren's website at www.afren.com.

[Smallcappicker]

Ich hab mir gestern mal kurz die Firma angeschaut. Normal gefallen mir Firmen mit einer solch hohen Marketcap von 1,5 Mrd. Pfund nicht, da dann oft die Luft draussen und die Party schon vorbei ist. In diesem Fall muss ich aber sagen, dass die Firma noch über ein sehr grosses Wachstumspotential verfügt und das auch profitabel umsetzen kann. Die Majors haben noch genug Ölfelder bzw. Properties, die für sie selbst zu klein aber für Afren genau richtig bezüglich der Projektgrösse sind. Damit man nicht nur das Klumpenrisiko Nigeria hat, geht man auch in andere Länder. Angola steht hier weit oben auf der Liste, man wird aber keinen Schnellschuss machen und sich ein Projekt sorgfältig auswählen. Mir gefällt auch, dass sie ja schon in Produktion sind und mit diesem Cashflow und einer begebenen Anleihe neue Projekte finanzieren können.

[XIO]

Antwort auf Beitrag Nr.: 41.493.604 von Smallcappicker am 12.05.11 18:15:23

Afren ist eine richtig geile Firma!
Bin schon seit Jahren dran.

http://www.wallstreet-online.de/diskussion/1103033-1-10/afre…

[XIO]

19/05/2011 07:00 UKREG Interim Management Statement
17/05/2011 10:00 RNSNON Conference Presentation

unbedingt anschaun.. es läuft wie am Schnürchen... der Beste Africa Oil Junior ever!

http://ar2010.afren.com/

[XIO]

Afren plc (AFR LN)

Trading Statement and Operations Update

London, 20 July 2011 - Afren plc ("Afren" or the "Company") issues the following trading statement and operations update in advance of the Company's 2011 Half-yearly results which are scheduled for release on 30 August 2011. Information contained within this release is un-audited and is subject to further review.

Highlights

u Reservoir performance at Ebok and Okoro at upper end of expectations

u Average full year daily production revised to 25,000 to 30,000 boepd due to non reservoir related facilities downtime; on track for 50,000 boepd 2011 exit rate

u Strong financial position - first half revenue US$161 million; cash at bank US$320 million and net debt US$344 million

u First half capital expenditure US$254 million, with forecast full year expenditure at US$450 million

u Active exploration programme with nine wells planned targeting over 600 mmboe net to Afren

[XIO]

Afren plc (AFR LN)

Acquisition and strategic entry into the Kurdistan region of Iraq.

London, 27 July 2011 - Afren plc ("Afren" or the "Company") has today announced the proposed acquisition of a 60 per cent. participating interest in the Barda Rash PSC and 20 per cent. participating interest in the Ain Sifni PSC (together the "Acquisition"), located in the Kurdistan region of Iraq.

Introduction

Afren has today announced the acquisition of interests in two contiguous Production Sharing Contracts ("PSCs") located in the Kurdistan region of Iraq. The Company has agreed to acquire an operated 60 per cent. participating interest in the Barda Rash PSC from Komet Group S.A. ("Komet") and a non-operated 20 per cent. participating interest in the Ain Sifni PSC from the Kurdistan Regional Government ("KRG").

Highlights

The Board of Afren believes that the Acquisition represents a highly complementary extension of the Company's existing portfolio, and offers a combination of near term development upside, substantial low risk exploration potential and a strategic entry into the Kurdistan region of Iraq. In particular:



u The Acquisition delivers independently certified 890 mmbbls net 2C resources and total net un-risked resources of 1,074 mmbbls



o Total acquisition cost of approximately US$588.25 million (US$0.66 per 2C bbl) inclusive of approximately US$81.0 million back costs and US$14 million 2011 capex related to Ain Sifni





u A clear forward plan to develop Barda Rash and appraise Ain Sifni



o Progressive short term conversion of 2C resources into 2P reserves



u Phased development initially focusing on light oil reservoirs expected to deliver 75,000 bopd net to Afren within 5 years from Barda Rash alone



§ Phase 1: 15,000 bopd (gross) by end 2012

§ Phase 2: 35,000 bopd (gross) by end 2013

§ Phase 3: 125,000 bopd (gross) by end 2017

[Vinyard]

Das ist für Afren ein großer Schritt. Da ist ganz schön was zu stemmen. die Verschuldung gefällt mir momentan nicht so gut. Trotzdem ist es natürlich ein Eintritt in eine neue chancenreiche Region. Das gute daran ist der nahe Produktionstermin.

Ich für meinen Teil werde meine Anteile auf jeden Fall halten, allerdings sehe ich in den nächsten Monaten eher eine Seitwärtsbewegung.

[XIO]

Result of Placing - GBP113.0 million (US$184.5 million) Raised

Afren plc ("Afren" or the "Company") announces that it has raised GBP113.0 million (US$184.5 million) before commissions and expenses by the placing completed today of 83,679,544 new ordinary shares

http://uk.advfn.com/p.php?pid=nmona&article=48601017&symbol=…

[christian76]

Hallo,

Hab grad die News von Afren bezüglich der Aquisition gelesen.
Bin selbst bei DNO investiert, die auch in Kurdistan Öl fördern.
Dort gibt es massive Probleme wegen der Bezahlung des geförderten und exportierten Öls. Da gibt es scheinbar noh keine Einigung zwischen den Ölförderern, der Regierung in Bagdad und der kurdischen Regionalregierung.
Hat vielleicht hier jemand infos darüber?
Wird demnächst wohl auch bei Afren ein Thema werden.

Gruß
C.

[XIO]

1st August 2011

Rumours doing the rounds yesterday suggested that Afren, 1.5p better at 141.75p, has attracted the attention of Exxon Mobil, the world’s largest energy company, which is now considering launching a £2.2bn or 220p a share cash bid.

http://www.thisismoney.co.uk/money/markets/article-2021315/M…

[XIO]

Antwort auf Beitrag Nr.: 41.863.796 von christian76 am 29.07.11 11:06:37

Momentan scheint die Richtung ja eigentlich eher noch ein bischen abwärts zu gehen.
Die eigene Förderprognose von 55.000 wurde auf 50.000 gesenkt.

[XIO]

interessanter Kauf:

http://www.investegate.co.uk/article.aspx?id=201108031609056…

[XIO]

Antwort auf Beitrag Nr.: 41.881.962 von XIO am 02.08.11 22:39:46

bin an der Seitenlinie, das wird noch schmerzheft, und danach gehts wieder rein!

[XIO]

so, die 100 wurden schon mal angekratzt, momentan gibt es noch Support.
Da ich momentan draussen bin sage ich mir wenn schon, denn schon.. von mir aus solls erstmal richtig krachen.. ich habs 2009 erfahren, wie das ist... und auch überlebt.
Aber jetzt wird das ausgenutzt ohne rot zu werden.

[larsuwe]

Mal schauen ,wie wir heute eröffnen werden?.Könnte mir vorstellen, das wir bis auf ca.1Euro fallen werden.Werde hier weiter auf der Lauer liegen.Gruß Lars

[XIO]

Antwort auf Beitrag Nr.: 41.910.932 von larsuwe am 08.08.11 09:30:35

Genau, jetzt ist Panik bei AFR-Anlegern.
2009 hatte es mich erwischt... ich kuck mir das jetzt entspannt an und dann gehts irgendwann mal rein.

[derPatriot1]

Lesezeichen

[XIO]

Antwort auf Beitrag Nr.: 41.924.081 von derPatriot1 am 09.08.11 18:49:48

heute nah an der 80 dran.. das könnte es schon gewesen sein... mal sehen, wohin der ölpreis geht, bislang ja noch recht gut gehalen!

[larsuwe]

Da hat sich der Aktienkurs aber schnell wieder in Richtung 1,30Euro erholt.Bei unter einem 1Euro, werde ich dann mal überlegen,ob ich mir nicht doch mal wieder welche ins Boot holen soll!.Aber bis dahin habe ich ja noch Zeit. Gruß Lars

[max232]

Afren’s entry into Kurdistan, phase 2 development at Ebok set stage for growthTHURSDAY, 01 SEPTEMBER 2011 00:00 BIODUN COKER

http://www.businessdayonline.com/NG/index.php/markets/compan…

[XIO]

[img]http://uk.advfn.com/p.php?pid=staticchart&s=L%5EAFR&p=7&t=1&…

[XIO]

[max232]

Afren oil explorer says output ahead of target

http://af.reuters.com/article/ivoryCoastNews/idAFL6E8C20W220…

[XIO]

Antwort auf Beitrag Nr.: 42.538.663 von max232 am 02.01.12 12:33:09

Ich hoffe, die politische lage in Nigeria bessert sich!

[Ahorne]

Antwort auf Beitrag Nr.: 42.540.473 von XIO am 02.01.12 18:58:22

lesezeichen - danke für die Infos!

[XIO]

Group Production Update

London, 2 January 2012 - Afren plc ("Afren" or the "Company") announces exit 2011 Group Production ahead of year end guidance at circa 55,400 boepd.

Afren announces that production at the Ebok field, located offshore south east Nigeria, has been increased to a stabilised rate of circa 40,000 bopd, following the commissioning and ramp up of all production wells associated with the initial phases of the Ebok development. As a result of the ramp up in production at the Ebok field, aggregate net working interest production attributable to the Company has reached a rate of circa 55,400 boepd. A production rate above the year-end target of 50,000 boepd has been sustained since 19 December 2011 from the Ebok, Okoro and Cote d'Ivoire operations.

In addition, gross production on the Ogini and Isoko fields has nearly doubled to circa 10,500 bopd from circa 6,000 bopd, following increased compressor uptime and the opening of an additional two strings, since First Hydrocarbon Nigeria and its partner Nigerian Petroleum Development Company ("NPDC") completed the acquisition of OML 26 on 1 December 2011.

"The Group is in a strong position with aggregate net working interest production of 55,400 boepd going into 2012, as we embark upon an extensive E&A drilling campaign in Ghana, Nigeria, the Joint Development Zone of Nigeria Sao Tome and Principe, Tanzania, Kenya and the Kurdistan region of Iraq, that has the potential to materially transform and increase our discovered resource base."

[XIO]

Okoro East Exploration Well Oil Discovery

London, 17 January 2012 - Afren plc ("Afren" or the "Company") announces that the Okoro East exploration well, offshore south east Nigeria, has made a new oil discovery having encountered 549 ft true vertical thickness (TVT) of net oil pay and 41 ft of net gas pay in excellent quality reservoir sands. The well result represents a successful start to Afren's 2012 exploration campaign that will see the Company participate in multiple wells across each of its core areas.

http://uk.advfn.com/news/UKREG/2012/article/50766674

[laga]

Habe heute in der Früh ganz schön mit den Ohren geschlankert als ich die RNS bekommen habe. Ich würde vor allem auch folgendes herausstreichen: 549 ft true vertical thickness (TVT) of net oil pay
Das sind ca. 165 m net oil pay
Vielleicht bewegen wir uns ja damit Richtung P10?!

[max232]

Aus dem iii - Forum:

Osman interviewed on bloomberg this morning - Afren quoted as being best performing stock this year.

When pressed on okora find he said the would be evaluating it further over the next few weeks & the find will open up further potential new prospects in the field and the find itself is likely large enough to be a project in its own right!

Also made a big deal that Afren believe the Kurdistan assets purchase in Q4 2011 were completed cheaply at a cost of $1 per barrel and another company has come in afterwards to buy similar assets via a takeover valued at circa 8 times that.

Also made a point when quizzed about the general oil price that he believes anywhere between $80-$120 per barrel but afren do their economics at $70 whilst all of their projects are economical at $40.

Goods interview and more great PR for Afren. I think 2012 is going to be a great year .

http://www.iii.co.uk/investment/detail/?display=discussion&c…

[max232]

Trading statement and operations update

http://www.londonstockexchange.com/exchange/news/market-news…

Mit dem Cash Flow sollten sie ihre Schulden reduzieren können ..

[Vinyard]

Der zurückgeschraubte Prognose für Ebok ist aber nicht schön. Auch die Förderung für 2012 habe ich deutlich höher erwartet. Daher heute eine ganz schöne Delle....

[laga]

Es ist nicht klar formuliert, wodurch die Prognose zustandekommt.

Natürlich kann Ebok nicht die ganze Zeit auf voller Produktion laufen. Diverse Wartungen bzw. event. neue Bohrungen online zu bringen bedeutet immer wieder Stehzeiten.
Was außerdem wichtig it: Nach cost recovery haben wir an Ebok nur noch 50% Anteil. Dadurch senkt sich natürlich der Schnitt übers Jahr. Je nach Ölpreis könnte das ca. im Oktober passieren. Ich habe das jetzt selbst nicht nachgerechnet, sondern aus iii geklaut.
Die 50% nach cost recovery sind jedenfalls immer so kommuniziert worden und auf Seite 7 der aktuellen Präsentation zu finden.

Fraglich ist auch ob die angestrebte Produktion schon Anteile aus Barda Rash enthält.

Außerdem hoffe ich, daß die Strategie "under promise and over deliver" lautet.

[laga]

Antwort auf Beitrag Nr.: 42.635.648 von laga am 23.01.12 21:20:28

PS: auf Seite 28 ist auch explizit vermerkt: "Ongoing development drilling operations will necessitate downtime periods over and above
mandatory maintenance periods"

[XIO]

Afren Plans Global Roadshow Ahead Of Potential Bond Issue
http://uk.advfn.com/news/DJN/2012/article/51296125

"BNP Paribas SA, Deutsche Bank AG and Goldman Sachs Group Inc. are the banks arranging the meetings. "

WO-Thread hier: http://www.wallstreet-online.de/diskussion/1103033-neustebei…

[i5001]

Ain Sifni Oil find: über 400 m Oil Column!!! Details auf http://www.afren.com

[i5001]

Kein Schwein interessiert sich für Afren und das nach diesen News. Die Leute hier zocken wohl lieber mit Loser Aktien wie Solarworld.

[Vinyard]

Passt doch für uns; ich bin seit 1,02 Euro dabei, nachdem ich mich bei 0,40 Euro noch geziert habe.

Neben Dragon Oil mein zweiter Wert im Ölbereich.

[max232]

Despite Political Risk, Kurdistan Remains A Draw As Afren Becomes Latest IOC To Strike Oil

http://oilbarrel.com/news/despite-political-risk-kurdistan-r…

[i5001]

RNS Number : 0467C

Afren PLC

25 April 2012

Afren plc (AFR LN)

Nunya-1x exploration well result

London, 25 April 2012 - Afren plc ("Afren" or the "Company") announces that the Nunya-1x exploration well in the Keta block offshore Ghana has encountered thick and high quality water bearing reservoirs.

The objective of the Nunya-1x exploration well was to explore a large four-way dip closed Upper Cretaceous prospect in the Keta block, located offshore Ghana. The well intersected 153 metres of very good quality sandstone reservoirs, however they were interpreted as water bearing. The well was drilled with the Marianas semi-submersible drilling rig to a total depth of 4,550 metres in a water depth of 1,687 metres. Afren has a 35 per cent. carried interest in the Keta Block and is partnered by Eni (35 per cent. and operator), Mitsui (20 per cent.) and GNPC (10 per cent.).

Osman Shahenshah, Chief Executive of Afren, commented:

"Whilst the Nunya-1x exploration well result is disappointing, it was the first well to test the Upper Cretaceous play on the Keta block and as such has provided important data with which to calibrate and further enhance our understanding of this under-explored block in what still remains a very high potential basin. We continue to make excellent progress with our wider exploration programme, which has already yielded two significant discoveries year to date, and look forward next to the results of the Ebok North Fault Block exploration well which has spudded in Nigeria and is drilling ahead towards target."


For further information contact:

Andrew Dymond James Henderson
Investor Relations Mark Antelme
======================= =======================================



Notes to Editors

Afren Plc

Afren is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange and constituent of the Financial Times Stock Exchange Index of the leading 250 UK listed companies. Afren has a portfolio of 29 assets across 12 countries spanning the full cycle E&P value chain. Afren is currently producing from its assets offshore Nigeria and Cote d'Ivoire and holds further interests in the Kurdistan region of Iraq, Ghana, Nigeria, Cote d'Ivoire, Congo Brazzaville, the Joint Development Zone of Nigeria - Sao Tome & Principe, Kenya, Ethiopia, Madagascar, Seychelles, Tanzania and South Africa. For more information please refer to www.afren.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

[Vinyard]

Hier entwickelt sich still und heimlich ein Großproduzent in Afrika und im nahen Osten und keinen intereessierts. Naja.... so lange es die guten alten Zocken-Pennystocks gibt!

Kursziele alle jenseits der 200p (und das von konservativen Häusern)

http://www.finanznachrichten.de/nachrichten-aktien/afren-plc…

Hier das Tradingstatement zu 2012:


Afren plc (AFR LN)

Trading statement and operations update

2012 FY production at record levels; E&A drilling campaign delivering significant success

London, 21 January 2013 - Afren plc ("Afren" or the "Company"), issues the following trading statement and operations update, in advance of the Company's 2012 full year results which are scheduled for release on 25 March 2013. Information contained within this release is un-audited and is subject to further review.

Key Highlights

Exploration and Appraisal Activities

· Three significant exploration discoveries in 2012

- Okoro Field Extension encountered 549 ft of net oil pay (Pmean 157 mmbbl STOIIP). First production well onstream at 5,000 bopd

- Ebok North Fault Block encountered 370 ft net oil pay (Pmean 100 mmbbl STOIIP)

- Simrit-2 in the Kurdistan region of Iraq encountered 1,342 ft of net oil pay ; tested 13,584 bopd from Triassic reservoirs, nine further DST's ongoing

· Seismic data acquisition and ongoing prospect maturation has upgraded Afren East Africa Exploration prospectivity (5,838 mmboe net to Afren)

- 3,483 km 2D seismic, 2,262 km2 3D seismic and 1,193 km gravity and magnetic data acquired in 2012

· 14 well E&A drilling campaign targeting net Pmean resources in excess of 670 mmboe

· Okwok-10 appraisal well (Nigeria), Simrit-3 exploration well (Kurdistan region of Iraq) and Paipai exploration well (Kenya) currently drilling



Development and Operations

· FY 2012 net production in line with guidance at 42,830 boepd; FY 2013E net production estimated to average between 40,000 boepd to 47,000 boepd (excluding Barda Rash)

· Progressing Field Development Plans for Okoro Field Extension, Ebok North Fault Block and Okwok offshore Nigeria

· Barda Rash production initiated Q3 2012



Group financials

· Record 2012 financial results expected; 2012 sales revenue of approximately US$1,500 million forecast (+151% increase over 2011); realised average oil price of US$107/bbl (US$3.50/bbl average discount to Brent)

· 2012 full year capital expenditure of US$520 million; forecast 2013 capital expenditure of approximately US$620 million

· Net debt at 31 December 2012 was approximately US$488 million (31 December 2011: US$548 million)



Commenting today, Osman Shahenshah, Chief Executive of Afren plc, said:

"2012 saw record production and financial performance combined with significant exploration success in Nigeria and the Kurdistan region of Iraq. In 2013 we expect to further grow our reserves base through a multi-well exploration and appraisal drilling campaign in both established and new basins, while continuing to grow our production base. We are financially well positioned with robust cash flows, a strong balance sheet and the necessary financial capacity and flexibility to optimally explore and develop our high quality portfolio of growth opportunities well into the future. There is much to look forward to in 2013 and beyond."

[XIO]

Sinopec Group in Talks to Buy $1 Billion in Afren Assets -Bloomberg

http://uk.advfn.com/news/DJN/2013/article/56109820

[XIO]

PS:

http://www.bloomberg.com/news/2013-02-01/sinopec-said-in-tal…

[XIO]

[XIO]

Afren plc (AFR LN)

Acquisition of an additional interest in First Hydrocarbon Nigeria

London, Friday 5(th) July 2013 - Afren plc ("Afren" or the "Company") announces that following the recent shareholder approval on the recommended acquisition of a 10.4 per cent. interest in First Hydrocarbon Nigeria ("FHN"), it is pleased to confirm the acquisition of an additional 23.3 per cent. beneficial interest in FHN.

The acquisition of an additional 33,966,333 shares, representing approximately 23.3 per cent. of the outstanding share capital of FHN, from a combination of Capital Alliance Energy Nigeria Limited ("CAPE"), Earl Act Global Investments Limited and other FHN shareholders (excluding any related parties), has been undertaken at an average price of US$3.10 per share in cash (the "Further Acquisition"). Of the total consideration (US$105.4 million) for the Further Acquisition, US$22 million is payable on the first anniversary and US$22 million on the second anniversary of the acquisition date, in each case to CAPE.

[max232]

ATH war Anfang 2011 bei 170pc ... das knacken wir bald wieder ...
http://oilbarrel.com/news/afren-and-lekoil-delight-sharehold…

[BalatonBomber]

Based on the well data, the partners now estimate the P50 to P10 gross recoverable resources range to be significantly ahead of pre-drill expectations at 774 to 1,180 mmboe across the Ogo prospect.

That compares to 202mmboe of P50 that was targeted before drilling started.


Die Ergebnisse aus Nigeria wurden vom Markt sehr gut aufgenommen und auch mit entsprechenden Artikeln honoriert. Jemand hier auch in Lekoil positioniert?

[DJHLS]

An sich auf den ersten Blick eine vielversprechende Firma. Muß mir nochmal die Zajlen genauer anschauen.

Derzeit ist ja nicht zu erwarten, dass der Kurs davon läuft.

[Hadock]

Hallo,

mehr als 20% abwärts; das ist der Grund

http://www.rigzone.com/news/oil_gas/a/134318/Oil_Explorer_Af…

MFG

[DJHLS]

Zitat von Hadock: Hallo,

mehr als 20% abwärts; das ist der Grund

http://www.rigzone.com/news/oil_gas/a/134318/Oil_Explorer_Af…

MFG

Bei 110 Pence habe ich dankend zugeschlagen. Corporate Governance ist bei Afren sicher nicht In einer Liga mit Shell, Exxon, etc. und der nigerianische Großaktionär fällt wohl auch unter die Gattung Räuberbaron. Aber sei es drum, der Abschlag war nach meinem Dafürhalten eine Panik. Bei so einem marktengen Wert schlägt Verkaufsdruck eben voll durch.

[Popeye82]

Antwort auf Beitrag Nr.: 26.645.967 von XIO am 02.01.07 23:34:13

"All eyes on Kenya: the next big oil exporter" - M.com/OP - Sep 24, 2014
www.mining.com/web/all-eyes-on-kenya-the-next-big-oil-export…
http://oilprice.com/Energy/Crude-Oil/All-Eyes-on-Kenya-The-N…

"ot even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has made this the hottest and fastest-paced hydrocarbon scene on the continent.

When it comes to new oil and gas frontiers, today it’s all about Africa. And more specifically, it’s all about the eastern coast, with Kenya the clear darling–not just because it’s outpacing neighboring Uganda by leaps and bounds, but also because despite some political instability hiccups and the threat of militant al-Shabaab, it’s still one of the safest venues in the region.

Six of the last 10 biggest finds have been in Africa, where—all told–there are some 130 billion barrels of crude oil waiting to be tapped by more than 500 companies, according to a recent report by PriceWaterhouseCoopers.

Topping this list are Kenya’s Anza and South Lokichar basins where the discovery and development news has been fast-paced.

In the last days of August, Tullow Oil—the British explorer behind Kenya’s oil discovery debut in 2012—announced another oil find that will extend the already proven South Lokichar basin “significantly northwards”.

Earlier this year, in May, Tullow and partner Africa Oil Corporation left a hefty impression on the market with the announcement of the country’s first commercial oil discovery, worth $10 billion, in this basin.

And the next testing ground will be the neighboring Kerio Basin, which should get off the ground later this month, while there has been a flurry of attention lately surrounding the Ogaden basin where initial estimates are enough to send stocks soaring.

In the meantime, while bigger players such as Tullow and Africa Oil have benefited from the fame of their initial discoveries, they have also become burdened by the pressure of rising expectations for more discoveries. Not so the smaller players on this scene, who stand to benefit from the original discoveries and continued drilling—without the pressure. Investors will now be looking at who is poised to make the next discovery.

Africa Oil and Marathon are currently drilling an appraisal well on the Sala gas discovery in the Anza Graben Basin onshore Kenya, which will benefit other explorers with acreage just south of this, including UK-listed Afren Plc, UK-listed Tower Resources and Taipan Resources Inc (TPN-TSK), which has two onshore blocks in key basins. If these explorers come up with their own first find, it will be a superior risk-reward scenario.

In the Ogaden Basin, the market will certainly take notice of Afren’s new estimates late last month that a large under-explored sub-basin, El Wak, contains up to 6.65 billion barrels of oil. If this estimate is accurate—and it comes in well above partner Taipan Resources’ earlier estimates of about a quarter of that—they would be looking at the largest onshore target ever drilled anywhere in Africa. Later this year, Afren will be conducting seismic surveys to further define El Wak’s potential, and investors will be watching closely.

The bigger picture, though, is of an East African country that has the advantage over its neighbors due to a convergence of add-on factors, including infrastructure aims, relative stability and what appears to be a smarter use of natural resources to generate more investment and economic growth, according to Jennifer Cooke of the Center for Strategic and International Studies.

Among other planned infrastructure projects of a massive scale, discussions are under way for a pipeline from neighboring Uganda, which would pass through the South Lokichar basin and come close enough to some of the prime drilling areas that could be the site of Kenya’s next discoveries.

The World Bank’s approval in July of $50 million for the Kenyan government to boost its management and distribution of natural resource revenues, with an eye on long-term sustainable growth, has further boosted confidence in long-term sustainable growth.

In the meantime, political stability has also been given a slight reprieve with the International Criminal Court’s (ICC) indefinite adjournment of the trial against Kenyan President Uhuru Kenyatta due to lack of evidence that he organized post-election ethnic violence in 2007.

But the security situation with the regrouping of the Somalia-based al-Shabaab militant group and an uptick of the group’s apparent attacks on Kenya continue to be problematic, even more so because no one seems to be sure whether the threat is emanating entirely from al-Shabaab.

While this remains a clear threat, it has not affected exploration and development—and it certainly has done little to scare foreign investors from this hydrocarbon frenzy that is expected to continue over the next five years, further boosted by relatively cheap exploration licenses.

In this race, Kenya is the top contender, moving forward at double the speed of neighboring Uganda which discovered oil in 2006, six years before Kenya, but will lag a year behind the newcomer in terms of commercial production.

Source: http://oilprice.com/Energy/Crude-Oil/All-Eyes-on-Kenya-The-N…

By James Stafford of Oilprice.com "

[XIO]

sehr turbulent über die Jahre.. ggf. in 2015 ein kauf, soll ruhig noch weiter abschmieren...

[DJHLS]

Antwort auf Beitrag Nr.: 48.186.244 von XIO am 31.10.14 13:43:46

Zitat von XIO: sehr turbulent über die Jahre.. ggf. in 2015 ein kauf, soll ruhig noch weiter abschmieren...

Große unsicherheiten durch den Ölpreis, die politische Lage in Kurdistan, Ebola in Westafrika, die politische Lage in Nigeria und als Sahnehäubchen die hausgemachten Probleme mit Korruption und Compliance-Verstößen.

Da wird sich abwarten eher lohnen als ein verfrührter Kauf.

[XIO]

Antwort auf Beitrag Nr.: 48.419.238 von DJHLS am 26.11.14 13:34:21

ioch sag doch.. 2015 evtl

[XIO]

https://uk.finance.yahoo.com/news/time-buy-afren-plc-1252307…

[DJHLS]

Antwort auf Beitrag Nr.: 48.609.977 von XIO am 18.12.14 21:38:25

Zitat von XIO: https://uk.finance.yahoo.com/news/time-buy-afren-plc-1252307…

Tja, die Kurssteigerung haben wir verpaßt. Aber mal sehen, was daraus wird. War ja nur eine lose Absichtserklärung.

[XIO]

bis jetzt gabs nicht viel zu verpassen.. kann man auch nicht erwarten, immer den optimalen einstieg zu erwischen.

bin vor ca. 8 Jahren in der gründungsphase bei ~0.50 BPC auch schonmal rein.. ging bis 1.80

[DJHLS]

Antwort auf Beitrag Nr.: 48.644.867 von XIO am 24.12.14 11:15:45

Das Übernahmeherücht hatte den Kurs schon erheblich angetrieben. Die Chance ist verpaßt. Aber solange der Ölpreis weiter unter Druck bleibt, wird auch der Kurs von Afren depressiert bleiben - es sei denn sie haben einen großen Explorationserfolg, schaffen es eine von unabhängiger Seite bestätigte Bilanz aufzustellen oder den minderheitsaktionären strukturell mehr Sicherheit zu bieten, etc.

Afren hat zusätzlich zum niedrigen Ölpreis viele unternehmensspezifische Baustellen.

[XIO]

Antwort auf Beitrag Nr.: 48.678.878 von DJHLS am 02.01.15 10:43:56

Ich sehe hier nichts wesentliches, was man verpasst haben könnte:



Eine richtige Übernahmeschlacht sieht anders aus.

[DJHLS]

Antwort auf Beitrag Nr.: 48.679.211 von XIO am 02.01.15 11:19:09

Zitat von XIO: Ich sehe hier nichts wesentliches, was man verpasst haben könnte:



Eine richtige Übernahmeschlacht sieht anders aus.

Schau Dir den Zeitraum Mitte Dezember 2014 an. Mit dem Übernahmegerücht stieg die Afren-Aktie von 32,5 GBp auf über 50 GBp.

Das mag für Dich unwesentlich sein, die meisten hätten so etwas aber gerne mitgenommen...

[XIO]

wahnsinn.. schon wieder so ein absturz wie 2008.. damals gibgs bis 15BPC runter.. sieht diesmal wieder so doof aus, heute gleich mal satte minus 30% am Tag

[Hadock]

Antwort auf Beitrag Nr.: 48.756.890 von XIO am 12.01.15 20:44:44

Hallo,

heute ist Afren stark gestiegen; fast 30% plus:
Kommt es zur Übernahme druch SEPLAT?

http://sharecast.com/news/afren-shares-surge-as-seplat-build…


Grüße

[XIO]

Antwort auf Beitrag Nr.: 48.791.228 von Hadock am 15.01.15 21:07:17

Schmarrn.. es kommt erstmal zur völligen Desolation, genauso , wie ich es schon einmal 2008 erlebt habe, als es von 180 auf 15 runter ging..

Danach muss man sich die Lage anschauen. Allein heute noch einmal -18%.

[recession]

Antwort auf Beitrag Nr.: 48.842.222 von XIO am 21.01.15 19:42:42

Afren geht ja nicht umsonst runter. Da gibt es Grunde.

[DJHLS]

Antwort auf Beitrag Nr.: 48.858.125 von recession am 22.01.15 22:20:18

Zitat von recession: Afren geht ja nicht umsonst runter. Da gibt es Grunde.

Ja, seit gestern vor allem diesen: http://www.reuters.com/article/2015/01/27/afren-cash-idUSL4N…

Wenn Afren jetzt schon die Gläubiger anbettelt und der Refinanzierungsbedarf allein höher ist als das Eigenkapital (" its funding requirements were likely to be significant and to exceed its stock market value if its debt remained unchanged"), dann ergibt sich daraus schon, dass Seplat kein Interesse daran haben wird, ein Übernahmeangebot zu machen und dass die Gläubiger sich jedes Zugeständnis teuer bezahlen lassen werden.

Vor allem aber kommt es ziemlich überraschen, dass auf einmal die Kassen leer sein sollen. Ende 2014 hatte Afren noch erhebliche Cash-Reserven und die laufende Produktion sollte zumindest cash flow-positive sein.

Da wird es wohl zu einem Debt-to-equity-swap kommen.

[ooy]

Lesezeichen...

[BingoDingo]

Antwort auf Beitrag Nr.: 48.917.969 von ooy am 29.01.15 04:01:00

hey ooy ,

haste arfen gekauft oder beobachtest du nur ?

irgendwo müssen meine petrodorado verluste ja wieder reinkommen ...

[ooy]

Antwort auf Beitrag Nr.: 48.923.471 von BingoDingo am 29.01.15 15:02:08

Ja, habe heute gekauft, allerdings nur einen Bruchteil von Petrodorado.

[ooy]

Antwort auf Beitrag Nr.: 48.929.522 von ooy am 30.01.15 04:27:17

SK 0,10 in Stuttgart...

[ooy]

Antwort auf Beitrag Nr.: 48.929.522 von ooy am 30.01.15 04:27:17

Andersrum waere es momentan wohl besser gewesen...

[BingoDingo]

Antwort auf Beitrag Nr.: 48.940.703 von ooy am 31.01.15 05:21:37

läuft und läuft ...

unter 20p gehe ich nicht raus .

ölpreis kommt auch langsam wieder , übernahmegerüchte , hier könnte es was werden mit dem kurs .

mal abwarten wie es weitergeht ...

[DJHLS]

Antwort auf Beitrag Nr.: 48.952.523 von BingoDingo am 02.02.15 13:10:50

Nicht vergessen, dass Afren von der Gnade der Gläubiger und der Großzügigkeit des Übernahmeangebots von Seplat abhängt.

Bei solchen insolvenznahen Klitschen sind zweistellige Kursprünge ja nicht ungewöhnlich.

[BingoDingo]

Antwort auf Beitrag Nr.: 48.965.678 von DJHLS am 03.02.15 16:13:26

na ja , bei afren von einer "klitsche" zu sprechen , diese meinung hast du wohl exclusiv . nach einem 100% anstieg am nächsten tag nochmal zu steigen spricht auch für sich. das ein gewisses risiko besteht , da gebe ich dir recht , aber für mich überwiegen die chancen die risiken hier bei weitem .
also mein tipp für freitag 17 pence , mal schauen was passiert ^^.

[ooy]

Antwort auf Beitrag Nr.: 48.965.678 von DJHLS am 03.02.15 16:13:26

Mittlerweile 300%...

[ooy]

Antwort auf Beitrag Nr.: 48.969.431 von ooy am 03.02.15 21:22:16

Zu 0,07 gabs wieder Was. Gibts was Neues??

[XIO]

Antwort auf Beitrag Nr.: 48.969.431 von ooy am 03.02.15 21:22:16

[ooy]

Antwort auf Beitrag Nr.: 49.053.047 von ooy am 12.02.15 17:15:02

Heute wieder Umsatz zu 0,064...

[XIO]

Antwort auf Beitrag Nr.: 49.053.047 von ooy am 12.02.15 17:15:02

gestern gabs zu 4,5 was

[ooy]

Antwort auf Beitrag Nr.: 49.070.828 von XIO am 14.02.15 11:56:20

An der Heimatboerse??

[XIO]

Antwort auf Beitrag Nr.: 49.071.113 von ooy am 14.02.15 13:03:20

aber sicher:

[ooy]

Antwort auf Beitrag Nr.: 49.073.543 von XIO am 14.02.15 22:21:47

Danke, und dann schwer erholt, schon heftig...

[BingoDingo]

Antwort auf Beitrag Nr.: 49.073.867 von ooy am 14.02.15 23:48:23

Absturz von Freitag war durch die Übernahmegerüchte verursacht.
Afren beendete die Gespräche , was aus meiner Sicht ein starkes Zeichen ist , das die Hoffnung besteht es auch alleine zu schaffen .
Interessant war auch das der Kurs direkt auch wieder zurückgekommen ist.

Wenn der Ölpreis sich stabilisiert , die Verschuldung neu verhandelt , und ein neuer fähiger CEO eingestellt wird , ist die Bewertung des Unternehmens sicher nicht mehr bei 7 Pence.

Mann kann sicher hier 100% verlieren , aber auch mehrere 100% gewinnen.
Ich habe meinen Einsatz festgelegt und werde bis zum Ende bleiben ...


Afren ends takeover talks with Seplat


Afren, the UK oil and gas explorer beset by the slump in crude and corporate governance headaches, won't be getting a rescue from Nigerian group Seplat.

Seplat first approached Afren shortly before Christmas with an approach, but on Friday the UK company said it:

Has not received any proposal from Seplat that it believes is capable of being implemented on terms satisfactory to all relevant stakeholders in the company, including the indicated value being significantly below the aggregate value of the debt of the company.

As a result, Afren said it won't agree to Seplat's request to extend a takeover talk deadline that expires at 5pm London time.

Shares in Afren fell sharply following the announcement (see second chart below) and are trading down 30 per cent at 5p a share.

[BingoDingo]

schöner Kursverlauf heute ...

Bis jetzt noch keine News , kaum vorzustellen wo es mit der (erlösenden) Nachricht hingehen wird ...

[XIO]

Antwort auf Beitrag Nr.: 49.106.807 von BingoDingo am 18.02.15 16:28:12

Diese art Nachrichten, auf welche Du wartest, sind zwar meist für das Unternehmen gut, aber kaum für den Aktionär.
Also rechtzeitig sichern!

[ooy]

Antwort auf Beitrag Nr.: 49.106.807 von BingoDingo am 18.02.15 16:28:12

Der letzte Kursverlauf war wieder herrlich, konnte wieder schoen aufstocken...

[BingoDingo]

Afren Gets Further Loan Payment Deferral, Still In Talks With Lenders
Mon, 2nd Mar 2015 07:44


LONDON (Alliance News) - Afren PLC on Monday said it has secured a further deferral on payments owed to its lenders and said it remains in talks with its bondholders and potential third party financiers to secure its financial position.

The embattled oil explorer said it has secured a further deferral of the USD50 million amortisation payment due on the USD300 million Ebok lending facility to March 31. The payment had been due on January 31.

The company also said it is continuing to utilise a 30-day grace period under its 2016 bonds regarding USD15 million in interest which had been due on February 1 as it works to complete an ongoing review of its capital structure and as it explores alternative funding options.

Afren said it remains in "constructive discussions" with the advisers to and members of the ad hoc committee of bondholders regarding the immediate liquidity and funding needs of the business. It said it is also in talks with other stakeholders and new third party investors on recapitalising the business.

Afren said it will make further announcements in due course regarding its funding.

By Sam Unsted; [e-mail]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.



Also weitere Zeit die Schulden in den Griff zu bekommen . Nachdem das Angebot von Seplat abgelehnt wurde , gibt es nun den nächsten Interessenten :


A CHINESE billionaire has made an audacious bid for Afren — but is likely to be pipped by a rival bid from the oil company’s bondholders.

Fosun, the conglomerate that recently bought Club Med and is controlled by the tycoon Guo Guangchang, has backed a $500m (£325m) cash deal led by the Afren co-founder Bert Cooper. The China-Africa Development Fund has also put up money.

The offer would give the group majority control but would maintain Afren’s stock market listing. It is likely to fail as Afren is controlled by its lenders, who have hatched their own rescue plan.

Es bleibt spannend und ich bleibe bis zum schluss ^^.

[ooy]

Antwort auf Beitrag Nr.: 49.215.077 von BingoDingo am 02.03.15 12:12:52

Danke dafuer...

[BingoDingo]

4 March 2015

Afren plc

Further Update on the Review of Afren's Capital Structure

Afren plc ("Afren" or the "Company") provides an update regarding the review of its capital structure, liquidity and funding requirements.

In light of the Company's current liquidity position and in order to preserve cash while the review of the Company's capital structure and funding alternatives is completed, the Board has decided, at the expiration of the 30 day grace period, not to pay US$15m of interest which was due on 1 February 2015 under its 2016 Notes. While such non-payment will result in a default under the 2016 Notes, this will not result in an immediate obligation to repay such 2016 Notes or any cross-default under its 2019 Notes or 2020 Notes or its other debt facilities.

The Company has received assurances from the ad hoc committee (which members hold in aggregate approximately 55% of the principal face amount of the 2016 Notes and 44% of the total principal face amount of the 2016 Notes, 2019 Notes and 2020 Notes) that the committee has no current intention to take enforcement action with respect to the 2016 Notes held by its members as a result of the failure to make payment of interest due under the 2016 Notes, in the hope and expectation that agreement can shortly be reached with the Company and its key stakeholders on the terms of a consensual restructuring that would preserve the Group and its business as a going concern for the benefit of all stakeholders.

The Company is continuing constructive discussions with the advisers to, and members of, the ad hoc committee of its largest bond holders, the coordinating committee of the lenders under its US$300m Ebok debt facility and its other lenders regarding the immediate liquidity and funding needs of the business. It is expected that any agreement with the Company's bond holders and debt providers regarding the provision of interim and longer term funding and a broader consensual restructuring is likely to result in economic terms associated with the new funding and/or the issue of new equity which will substantially dilute the interests of the Company's current shareholders.

While the Company is also having discussions with its other stakeholders and third party investors regarding interim funding and recapitalising the Company, the Board believes that an agreement between the Company's creditors presents the most likely solution to the immediate issues facing the business. There can be no certainty that an agreement will be reached.

Further announcements will be made in due course.

The contents of this announcement will be available at www.afren.com. The content of the aforementioned website is not incorporated into and does not form part of this announcement.


Jetzt wirds doch noch ne enge Kiste . Hätte ich nicht gedacht das die die "lächerlichen" 15 mill. nicht zahlen. Aktienkurs spielt mal wieder Achterbahn , habe bei 6 Pence nochmal aufgestockt. Mal schauen ob sich der Mut in Zukunft auszahlt .
Entweder alles weg oder ...

[ooy]

Antwort auf Beitrag Nr.: 49.235.291 von BingoDingo am 04.03.15 11:47:25

Ich habe auch wieder gekauft, mal schauen...

[BingoDingo]

Morgen gehts wieder hoch :-)


March 5, 2015 6:20 pm
Afren founder puts faith in Chinese capital
William Wallis in London
©AFP
Ethelbert Cooper, the Liberian entrepreneur who founded Afren, believes the future of the struggling African energy group lies in a new strategic partnership bringing in Chinese capital to develop the company’s resources on the continent.
Mr Cooper, who rarely speaks to the press, said he had agreed to go on record about his plan to recapitalise the company in partnership with a consortium of Chinese investors “in view of the countless inaccurate stories circulating about the company’s fall from grace” and “to inject some new thinking around a future that the company can embrace”.

The collapse in the oil price, together with a management scandal at the company last year had created “a perfect storm”, he said. Shares in Afren collapsed from a four-year high of 166p in October 2013 to hit a 52-week low of 4.01p in January and the company has struggled to meet its obligations on gross debt worth more than $1bn.
On Wednesday, it defaulted on a $15m interest payment as it pursued a restructuring deal with bondholders that will “substantially dilute” its shareholders’ interests.
People familiar with the company’s options, say that Nigerian oil and gas players, Oando and Lekoil, are also developing their own proposals to inject capital into Afren.
Mr Cooper declined to give details of his own plan to revive the company. But he said it would work in the interests of Afren’s bondholders, existing shareholders and new Chinese investors, whom he declined to name.
“With a different strategy and reinvigorated management there is a chance to pull the phoenix from the ashes. So I am leading an effort to reinvent the company as a new China Africa platform,” said Mr Cooper.
With a different strategy and reinvigorated management there is a chance to pull the phoenix from the ashes

In January, Afren said it needed to raise at least £200m in new equity to repair its battered balance sheet. Three tranches of outstanding high-yield bonds totalling $863m, due to mature in 2016, 2019 and 2020, now trade at discounts of between a half and two-thirds of their nominal value.
Mr Cooper said his plan was to bring in “substantial” new capital, in the form of new equity. This would benefit all parties. Although shareholders would initially be diluted “they would be offered an opportunity to co-invest in a new play they can grow with”, he said. It would be the first Africa-China partnership in the oil and gas sector listed in the UK.
Afren declined to comment on Mr Cooper’s plans and referred to a statement from the board earlier in the week saying that the bondholders were most likely to provide liquidity.
The company started as an idea in Mr Cooper’s head back in 2002 when he spotted an opportunity to ride budding optimism about Africa’s economic future by creating the first major private pan-African oil and gas company.
He brought in the late Rilwanu Lukman, a respected former Nigerian oil minister and long-time secretary-general of Opec as chairman, and also Egbert Imomoh, former deputy head of Royal Dutch Shell in Nigeria, as a director. “We built it around Lukman’s gravitas in a market that was highly constructive. We had the tide behind us then,” he said.

With hindsight, said Mr Cooper, it was clear that management had made some strategic errors. It had failed to integrate Afren’s local partners on its Nigerian oil blocks in its equity structure, and had therefore left them as strategic counterparties. They have sat on the sidelines as the company has struggled, he implied.
It should also have raised more money through equity in London when the going was good, he added. Finally, it had proved an error to invest outside the company’s core African interests in Kurdistan.

“At the time when we had very little to sell, no production and few assets to buy it was excellent to raise debt. But when we had production, we should have tapped equity,” said Labi Ogunbiyi, a member of Afren’s founding team and former director who is also working alongside Mr Cooper. “With hindsight it is clear the company had too much debt on its books.”

[XIO]

Antwort auf Beitrag Nr.: 49.253.942 von BingoDingo am 05.03.15 21:10:04

das war wohl nix

[BingoDingo]

Antwort auf Beitrag Nr.: 49.283.033 von XIO am 09.03.15 22:18:22

schaut nicht gut aus im moment, da hast du recht .
aber es ist noch nix entschieden .
du hast ja schon alles mal mitgemacht hier , hälst du z.zt. keine ???

[XIO]

Antwort auf Beitrag Nr.: 49.284.905 von BingoDingo am 10.03.15 09:33:21

ne.. es würde mir durchaus reichen, z.b. bei 30 oder 50 wieder einzusteigen, wenn der sektor wieder brummt...

[ooy]

Antwort auf Beitrag Nr.: 49.284.905 von BingoDingo am 10.03.15 09:33:21

Laeuft wieder im Vergleich zu gestern...

[ooy]

Volatil wie nochwas...

[XIO]

Geht bestimmt noch auf 2 BPC runter

[ooy]

Antwort auf Beitrag Nr.: 49.325.732 von XIO am 13.03.15 19:49:58

Glaube ich nicht, aber wer weiss das schon...

[XIO]

Antwort auf Beitrag Nr.: 49.327.505 von ooy am 14.03.15 09:02:49

das ist wie bei einem Pendel.. vor der nächsten Treppenstufe nach unten

[ooy]

Antwort auf Beitrag Nr.: 49.328.030 von XIO am 14.03.15 10:46:52

Genauso sieht es momentan aus...

[BingoDingo]

traurig wie ein solches unternehmen gegen die wand gefahren wird. die ganze führungsetage gehört für mich "geteert und gefedert" und durch london gejagt .

seit freitag bin ich nur noch auf schadensbegrenzung ausgerichtet. einzige hoffnung ist nun ein übernahmeangebot , sonst sind die aktionäre im juni praktisch enteignet.

habe am freitag einen großteil mit verlust verkauft , denke es wird erstmal weiter runter gehen. sehe aber trotzdem sehr "volatile" wochen auf uns zu kommen , wo es sicher wieder die chance gibt , verlorenes wieder reinzuholen.
der große traum vom "tenbagger" ist zerstört , da muss mann sich nix mehr vormachen.



Afren shares plummet as it unveils $300m rescue plan
Current shareholders will see their share of equity reduced to 11pc under the plans

Shares in struggling oil explorer Afren slumped as much as 22pc after it unveiled a rescue plan by creditors that will "substantially" dilute its stock market investors.

The company's bondholders and lenders have agreed to pour $300m into the group by the end of June, it said in a statement.

The plans will result in Afren's current shareholders owning only 11pc of the company's stock.

Afren will call an extraordinary general meeting to seek approval for the plans.

However the company has urged shareholders to support the plan, saying that the alternative would be to lose the entire value of their investment.

A group representing 42pc of Afren's 2016, 2019 and 2020 bondholders have agreed to provide $200m in interim funding in new debt issuance.

They have also agreed to swap 25pc of their existing debt to equity and for the rest to be extended to 2019 and 2020.

The extra $100m will come from a refinancing of this debt, in a plan backed by another group representing two-thirds of the value of Afren's $300m credit facility.

The so-called Ebok credit facility has also been extended to 2019 and the group is to run a $75m equity offering to all shareholders.

Afren said it would postpone discretionary spending until the oil price - which has collapsed to below $60 per barrel from a peak of $111 in June - improved.

It is also in the throes of a cost-cutting programme, which is likely to results in the company axing jobs.

Toby Hayward, interim chief executive, called 2014 a "painful year" for Afren but said he was "confident" the group would emerge as a "financially stable company capable of delivering growth in 2015 and beyond".

[ooy]

Antwort auf Beitrag Nr.: 49.333.151 von BingoDingo am 15.03.15 13:12:01

Tja, schwer einzuschaetzen, fuer Trader aber sicherlich interessant...

[XIO]

Antwort auf Beitrag Nr.: 49.334.495 von ooy am 15.03.15 18:24:45

und zack, 3.25 Intraday

[ooy]

Warum ist das ASK so hoch? Gibts was Neues??

[ooy]

Jetzt 0,058, vorher ueber 0,10...

[XIO]

erstmals unter 3 Cent gefallen:

[ooy]

Sind die pleite oder warum der Komplettabsturz??

[XIO]

Antwort auf Beitrag Nr.: 49.962.066 von ooy am 12.06.15 10:20:48

Quasi Ja

[ooy]

Antwort auf Beitrag Nr.: 49.966.497 von XIO am 12.06.15 18:55:59

...was hat sich denn geaendert?
Gibt es was Neues?

[ooy]

Wae das nicht wieder herrlich??

[ooy]

Strohfeuer??
Naja, immerhin...

[ooy]

Wie gehts hier eigentlich weiter? Vielen Dank...

[XIO]

Na ist doch logo: entweder Ende oder gigantische Dilution!

[ooy]

Antwort auf Beitrag Nr.: 50.267.625 von XIO am 26.07.15 13:00:58

Danke, aber ich meinte, wann soll wieder gehandelt warden, bzw. was soll geschehen??

[XIO]

Antwort auf Beitrag Nr.: 50.268.567 von ooy am 26.07.15 18:01:31

keine ahnung...

[XIO]

Sieht nach Inso aus

[ooy]

Antwort auf Beitrag Nr.: 50.502.918 von XIO am 27.08.15 16:54:14

Ich kann Nix dergleichen finden, eine Quelle waere schoen...

[ooy]

http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&displ…

Immerhin was...

[ooy]

Hab mal gegoogelt, sind wohl pleite:

By Motley Fool | Thu, 6th August 2015 - 14:08

Share this
In what has been akin to an emotional rollercoaster for investors in Afren (LSE:AFR), the oil exploration company was finally put into administration last week. While it had been coming for a long, long time, there is still a degree of surprise that Afren was unable to continue as a going concern.

After all, and despite having huge debts that it simply could not service, in recent weeks there had been some hope among investors that under the terms of a new financial restructuring package, the company could continue and begin to mount a comeback. However, with production levels falling dramatically and the company being unable to reach a new agreement with its creditors, Afren's time was up and, as a result, its investors walk away with a 100% loss.

Clearly, this is hugely disappointing for investors in Afren. Certainly, companies going bust is nothing new and, as investors, we accept this risk in order to gain access to the considerable rewards that shares can also offer. And, in Afren's case, the main cause of its woes was an external factor (the collapse in the price of oil) which prompted the risks it had taken with regard to large levels of debt to come home to roost. In other words, it took a risk in leveraging its balance sheet and, with revenue having fallen, became unviable as a business.

Therefore, the question must be asked: if it can happen to Afren, could it happen to other oil explorers and producers?