Africa Oil Corp. - World-Class East Africa Oil Exploration (Seite 318)
eröffnet am 23.06.11 21:04:25 von
neuester Beitrag 28.04.24 15:36:08 von
neuester Beitrag 28.04.24 15:36:08 von
Beiträge: 4.121
ID: 1.167.139
ID: 1.167.139
Aufrufe heute: 2
Gesamt: 628.728
Gesamt: 628.728
Aktive User: 0
ISIN: CA00829Q1019 · WKN: A0MZJC · Symbol: AFZ
1,6580
EUR
+0,85 %
+0,0140 EUR
Letzter Kurs 03.05.24 Tradegate
Werte aus der Branche Öl/Gas
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 5,6000 | +30,23 | |
| 1.300,00 | +23,81 | |
| 0,7920 | +22,22 | |
| 34,02 | +20,81 | |
| 0,8000 | +14,29 |
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 0,8800 | -8,33 | |
| 12,145 | -8,89 | |
| 4,6700 | -10,19 | |
| 4,2000 | -11,39 | |
| 0,7400 | -22,11 |
Beitrag zu dieser Diskussion schreiben
Feedback
Interessanter Artikel zu Kenya vs. Uganda und Tullow.
Cheers to User rookey2 at interaktive investors!
---------
Global oil giants eye Kenya as MPs delay Uganda operations
Sunday, 10 June 2012 15:02 By Haggai Matsiko
Hopes pinned on early passing of regulatory framework by parliament
Since Tullow Oil Chief Executive Officer Aidan Heavey announced on May 17 that neighbouring Kenya’s oil potential may be greater, frustration has intensified over Uganda’s delay to kick off fresh licensing for new exploration blocks.
Uganda suspended licensing to first put in place a sufficient legal regime but Members of Parliament scrutinising the Bills tabled in February this year to regulate the sector have not presented a report to the House for debate.
The MPs on the Natural Resources Committee which according to the law should have finished its work within 45-days and brought the Bills back to the House are two months behind schedule.
The experts say Uganda’s delay in drafting the Bills, passing them, and awarding exploration licenses for new blocks is driving big investors away.
The delay by Uganda has become a big issue and Tullow, which is the main driver in the exploration sector, is seeking to assure investors that Kenya will be different.
“We are pretty confident that we can move pretty fast in Kenya if we prove up the commercial amount of oil,” Heavey told reporters at the May meeting in London according to Bloomberg.
Industry experts say even if Kenya finds more oil, it is a long way from confirming its commercial viability unlike Uganda where Tullow, Total and CNOOC already have deals for 2.5 billion barrels of confirmed resources. The story could change if Kenya moves faster or Uganda’s delays persist.
Delay of the Bills is the latest hurdle exploration companies face in Uganda. Even production first hit a snag after Tullow’s farm-down to Total and CNOOC was held back for almost two years following a spate of tax disputes between it, the government and its former exploration partner, Heritage oil and allegations of bribery by members of parliament.
Kenyan officials say they have learnt from the Ugandan experience and will not repeat its mistakes but the country finds itself with a Petroleum Act as old as 1986 and could face similar challenges as Uganda.
Kenya has announced eight offshore exploration blocks that are attracting international oil giants like Exxon Mobil and Royal Dutch Shell.
But Ernest Rubondo, the Commissioner, Petroleum Production and Exploration Department (PEPD), says it is not true that investors are deserting Uganda because as many as 50 companies have applied for the new exploration licenses.
He says the government is working on a proper regulatory framework before awarding them and that focus should be on the big picture and not on the basis of Kenya having attracted Exxon Mobil. He says the delays by Uganda are prudential.
“Government took time to formulate the oil and gas policy that is why it has been widely accepted,” he told The Independent in an interview, “it is not true that the MPs have delayed, every week, you hear that they have come up with something new, equally they need the time to come up with a good law.”
He says while Kenya needs the likes of ExxonMobil to explore and find oil, Uganda’s challenge is not licensing but commercialising the reserves.
“Kenya is where Uganda was many years ago, it has made a find but have not established its size and its commercial viability, Uganda is at a different stage, we have established the quantity of our reserves and we are looking at commercialising them” Rubondo says. “Those big investors also need to be regulated, and for you to do so you need good laws in place which is what the MPs are working on.”
The Natural Resources Committee, which is scrutinising the Bills was supposed to finish in April according to the law.
Committee member, Theodore Ssekikubo (MP Lwemiyaga) in a recent interview with Daily Monitor revealed that they want to move quickly but face challenges.
“All the components of these Bills seem to be scattered and that is why we are trying to get together to see how we can have an input in expediting their passing,” he is quoted to have said.
Critics have pointed out a number of problems with the Bills notably that they vest a lot of powers in the minister in charge of oil and do not put in place sufficient checks to make the minister accountable.
“For instance although the Bills put in place an oil a Petroleum Authority and a National Oil Company, these are not defined and not insulated against political influence and the authority’s autonomy is subject to the control of the minister,” Shem Byakagaba, a local consultant on the Bills has notes “another big concern is that these bills also undermine the role of parliament.” Byakagaba is among the experts that have been reviewing the laws with the MPs.
Rubondo also says that for the MPs to come up with good laws they should be given ample time.
The two Bills—the Petroleum Exploration, Development and Production Bill tabled on Feb.8 and the Petroleum Refining, Gas Processing and Conversion, Transportation and Storage Bill tabled on Feb. 15 —were supposed to be brought back to the House on April 10 and 18 respectively.
Hopefully, they will be tabled as soon as Parliament settles down to business after the June 7 State of the Nation address and the reading of the budget.
In Kenya meanwhile, excitement is growing over its latest licence offers and speculation that the country’s oil finds might be bigger than erstwhile favourite Uganda.
An official of Weatherford, one of Tullow’s sub-contractors in oil drilling and other exploration activities in Ugandas and Kenya, told The Independent that Kenya’s finds so far are more promising than Uganda’s.
Tullow said in May that Ngamia-1’s column of oil is the largest oil-bearing section Tullow has found in a single well. “It’s only one well in an area nearly the size of England,” he noted.
Following Kenya’s discovery, The East African reports that Total, which acquired a 33 percent stake in Tullow oil Uganda’s assets in the Albertan Grabben, has acquired 40 percent in five exploration areas in Kenya and is in negotiations with the government to explore another one of the eight new blocks.
The East African adds that global oil giants ExxonMobil, Apache Corporation, U.S’s Anadarko, Royal Dutch Shell and Norway’s Statoil are also eyeing the new exploration sites.
Reports indicate that Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) found natural gas in its Anza Basin in 1976. And geologists believe the country might hit gas in its new blocks because its coastline shares the same geological formation with some of the exploration blocks found in Tanzania where huge deposits of gas were discovered, which partly explains the rush.
On the Uganda side, the exploration side has gone cold and two oil companies—Neptune Oil and Dominion Oil—have this year had to pack and leave after years of exploration and hitting dry wells.
All eyes now are on Tullow and its partners, CNOOC and Total starting the production phase which includes construction of a mini-refinery for local demand and a pipeline through Kenya for export of crude.
On the other hand if Kenya which already has a refinery and coastline hits commercial reserves oil offshore, it would be a Ghana experience for the oil companies—where the oil is drilled on the ocean with an FPSO—a vessel that drills oil, produces and stores it and its shipped to the international markets.
http://www.independent.co.ug/business/business-news/5894-glo…
Cheers to User rookey2 at interaktive investors!
---------
Global oil giants eye Kenya as MPs delay Uganda operations
Sunday, 10 June 2012 15:02 By Haggai Matsiko
Hopes pinned on early passing of regulatory framework by parliament
Since Tullow Oil Chief Executive Officer Aidan Heavey announced on May 17 that neighbouring Kenya’s oil potential may be greater, frustration has intensified over Uganda’s delay to kick off fresh licensing for new exploration blocks.
Uganda suspended licensing to first put in place a sufficient legal regime but Members of Parliament scrutinising the Bills tabled in February this year to regulate the sector have not presented a report to the House for debate.
The MPs on the Natural Resources Committee which according to the law should have finished its work within 45-days and brought the Bills back to the House are two months behind schedule.
The experts say Uganda’s delay in drafting the Bills, passing them, and awarding exploration licenses for new blocks is driving big investors away.
The delay by Uganda has become a big issue and Tullow, which is the main driver in the exploration sector, is seeking to assure investors that Kenya will be different.
“We are pretty confident that we can move pretty fast in Kenya if we prove up the commercial amount of oil,” Heavey told reporters at the May meeting in London according to Bloomberg.
Industry experts say even if Kenya finds more oil, it is a long way from confirming its commercial viability unlike Uganda where Tullow, Total and CNOOC already have deals for 2.5 billion barrels of confirmed resources. The story could change if Kenya moves faster or Uganda’s delays persist.
Delay of the Bills is the latest hurdle exploration companies face in Uganda. Even production first hit a snag after Tullow’s farm-down to Total and CNOOC was held back for almost two years following a spate of tax disputes between it, the government and its former exploration partner, Heritage oil and allegations of bribery by members of parliament.
Kenyan officials say they have learnt from the Ugandan experience and will not repeat its mistakes but the country finds itself with a Petroleum Act as old as 1986 and could face similar challenges as Uganda.
Kenya has announced eight offshore exploration blocks that are attracting international oil giants like Exxon Mobil and Royal Dutch Shell.
But Ernest Rubondo, the Commissioner, Petroleum Production and Exploration Department (PEPD), says it is not true that investors are deserting Uganda because as many as 50 companies have applied for the new exploration licenses.
He says the government is working on a proper regulatory framework before awarding them and that focus should be on the big picture and not on the basis of Kenya having attracted Exxon Mobil. He says the delays by Uganda are prudential.
“Government took time to formulate the oil and gas policy that is why it has been widely accepted,” he told The Independent in an interview, “it is not true that the MPs have delayed, every week, you hear that they have come up with something new, equally they need the time to come up with a good law.”
He says while Kenya needs the likes of ExxonMobil to explore and find oil, Uganda’s challenge is not licensing but commercialising the reserves.
“Kenya is where Uganda was many years ago, it has made a find but have not established its size and its commercial viability, Uganda is at a different stage, we have established the quantity of our reserves and we are looking at commercialising them” Rubondo says. “Those big investors also need to be regulated, and for you to do so you need good laws in place which is what the MPs are working on.”
The Natural Resources Committee, which is scrutinising the Bills was supposed to finish in April according to the law.
Committee member, Theodore Ssekikubo (MP Lwemiyaga) in a recent interview with Daily Monitor revealed that they want to move quickly but face challenges.
“All the components of these Bills seem to be scattered and that is why we are trying to get together to see how we can have an input in expediting their passing,” he is quoted to have said.
Critics have pointed out a number of problems with the Bills notably that they vest a lot of powers in the minister in charge of oil and do not put in place sufficient checks to make the minister accountable.
“For instance although the Bills put in place an oil a Petroleum Authority and a National Oil Company, these are not defined and not insulated against political influence and the authority’s autonomy is subject to the control of the minister,” Shem Byakagaba, a local consultant on the Bills has notes “another big concern is that these bills also undermine the role of parliament.” Byakagaba is among the experts that have been reviewing the laws with the MPs.
Rubondo also says that for the MPs to come up with good laws they should be given ample time.
The two Bills—the Petroleum Exploration, Development and Production Bill tabled on Feb.8 and the Petroleum Refining, Gas Processing and Conversion, Transportation and Storage Bill tabled on Feb. 15 —were supposed to be brought back to the House on April 10 and 18 respectively.
Hopefully, they will be tabled as soon as Parliament settles down to business after the June 7 State of the Nation address and the reading of the budget.
In Kenya meanwhile, excitement is growing over its latest licence offers and speculation that the country’s oil finds might be bigger than erstwhile favourite Uganda.
An official of Weatherford, one of Tullow’s sub-contractors in oil drilling and other exploration activities in Ugandas and Kenya, told The Independent that Kenya’s finds so far are more promising than Uganda’s.
Tullow said in May that Ngamia-1’s column of oil is the largest oil-bearing section Tullow has found in a single well. “It’s only one well in an area nearly the size of England,” he noted.
Following Kenya’s discovery, The East African reports that Total, which acquired a 33 percent stake in Tullow oil Uganda’s assets in the Albertan Grabben, has acquired 40 percent in five exploration areas in Kenya and is in negotiations with the government to explore another one of the eight new blocks.
The East African adds that global oil giants ExxonMobil, Apache Corporation, U.S’s Anadarko, Royal Dutch Shell and Norway’s Statoil are also eyeing the new exploration sites.
Reports indicate that Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) found natural gas in its Anza Basin in 1976. And geologists believe the country might hit gas in its new blocks because its coastline shares the same geological formation with some of the exploration blocks found in Tanzania where huge deposits of gas were discovered, which partly explains the rush.
On the Uganda side, the exploration side has gone cold and two oil companies—Neptune Oil and Dominion Oil—have this year had to pack and leave after years of exploration and hitting dry wells.
All eyes now are on Tullow and its partners, CNOOC and Total starting the production phase which includes construction of a mini-refinery for local demand and a pipeline through Kenya for export of crude.
On the other hand if Kenya which already has a refinery and coastline hits commercial reserves oil offshore, it would be a Ghana experience for the oil companies—where the oil is drilled on the ocean with an FPSO—a vessel that drills oil, produces and stores it and its shipped to the international markets.
http://www.independent.co.ug/business/business-news/5894-glo…
Zitat von motz1: Hi Resources,
na im Depot soll dann ruhig die Post abgehen, hier im Forum gerne auch
Es ist die "Ruhe" im Thread die ich meinte - gimo koppelte die 12 CAD an die Hoffnung dann nichts mehr hören zu müssen von einem unsäglichen Zeitgenossen.
Wenn diese erträumten 12 Dollar eintreffen sollten,
werde ich Alle beglückwünschen,
wenn Sie auch ihre Gewinne realistieren konnten und nicht nur theoretisch im Depot stehen werden*!
Für wahrscheinlicher halte ich eher, 9 Dollar bis zum Börsenschluß am Freitag, das entspreche immerhin einem Unterschied von über 30 Prozent
=***Haben und doch nicht Haben***
Begründung: ### SELL BY GOOG NEWS ###
Hab ich mir schon gedacht, ich hoffe das Fräulein spielt mit, ansonsten versuche ich es auch mal mit ignore.
Antwort auf Beitrag Nr.: 43.268.988 von Resources am 10.06.12 20:55:12Hi Resources,
na im Depot soll dann ruhig die Post abgehen, hier im Forum gerne auch
Es ist die "Ruhe" im Thread die ich meinte - gimo koppelte die 12 CAD an die Hoffnung dann nichts mehr hören zu müssen von einem unsäglichen Zeitgenossen.
na im Depot soll dann ruhig die Post abgehen, hier im Forum gerne auch
Es ist die "Ruhe" im Thread die ich meinte - gimo koppelte die 12 CAD an die Hoffnung dann nichts mehr hören zu müssen von einem unsäglichen Zeitgenossen.
Deine Aufstellung gefällt mir motz1, nur welche Ruhe meinst Du, die im Depot?
Trading Spotlight
Antwort auf Beitrag Nr.: 43.268.788 von gimo211 am 10.06.12 19:22:30Das wäre m.E. ein weiterer Meilenstein bzw. ein weiterer Durchbruch, wenn South-Omo einen Treffer brächte. Das Tempo das AOI/Tullow und auch HRN nun vorlegen finde ich schon bemerkenswert.
Der daraus resultierende Newsflow dürfte recht konstant sein, da beginnen dann wieder die Tagträume
Btw:
12 CAD =
12 CAD + Ruhe =
12 CAD + Ruhe + bereits kommende Woche =
Der daraus resultierende Newsflow dürfte recht konstant sein, da beginnen dann wieder die Tagträume
Btw:
12 CAD =
12 CAD + Ruhe =
12 CAD + Ruhe + bereits kommende Woche =
!
Dieser Beitrag wurde von CaveModem moderiert. Grund: Themenfremd und provokativ
Spätestens wenn der Kurs über 12 CAD gestiegen ist, werden wir von unserem witi hier nichts mehr hören - könnte bei entsprechenden News schon diese Woche soweit sein - es wäre einfach zu peinlich für ihn... (...wobei, ich bin mir nicht wirklich sicher, ob es für ihn überhaupt Peinlichkeits-Schwellen gibt...)
Hier etwas Neues aus Äthiopien zum South Omo Block. Dieser markiert (gemeinsam mit dem Rift Valley Study Block) quasi den südlichen Teil des Tertiary Rift Systems. Spud wohl in Q4 diesen Jahres. Eine Discovery dort würde sofort für mehr als 80 leads und prospects in diesem Rift System ein erhebliches de-risking erbringen.
Ethiopia: Tullow to start drilling exploration well in South Omo
New !June 09 Posted by: Dave | Yesterday, 10:23 |
Tullow Oil, a global oil and gas exploration company headquartered in London, United Kingdom, will start drilling first exploration well at the end of this year. Reliable sources told The Reporter that Tullow has hired a drilling company. Sources said the company will start drilling the wild cat well in October. Tullow bought a 50 percent stake in the south Omo Valley from Africa Oil. The Vancouver-based company, Africa Oil, acquired the south Omo Valley concession from White Nile, the British oil company. White Nile is a UK-based company in which the South Sudan government has a minority stake. White Nile, which has been prospecting for oil in South Omo Valley since 2005, farmed out the concession to Africa Oil. Tullow has discovered a huge oil reserve in the Albert basin in Uganda.
The company recently struck oil reserve in Turkana basin in Kenya. Experts say the South Omo and Turkana basins have a similar geological structure. Hopes are high for oil discovery in South Omo. “We cannot be certain before drilling and see what nature has stored,” Sinkenesh Ejigu, Minister of Mines told Parliament last week.
In related news, the Chinese oil company that is conducting a seismic survey in South Omo, BGP Geoservices Plc, sued MIDROC Foundation for failing to build a bridge over the Omo River.
BGP is a Chinese company that specialises in conducting seismic surveys. Subcontracted by Tullow Oil, BGP has been collecting seismic data in South Omo. In 2011 BGP hired MIDROC Foundation to construct a bridge over the Omo river near Omorate town. BPG wanted the bridge to transport its machineries used to conduct the seismice survey.
The cost of the bridge construction was estimated at one million birr and MIDROC Foundation reportedly took an advance payment of 306,000 birr. However, to date MIDROC has failed to build the bridge. BGP rented a boat to haul the machineries over the river.
The disgruntled officials of BGP last week sued MIDROC Foundation at the Lideta High Court. Reliable sources told The Reporter that the management of MIDROC wants to settle the issue with BGP through negotiations instead of court battles.
BGP Geo Services Plc, the Chinese petroleum company that is engaged in oil exploration project in the South Omo Valley, has collected encouraging data from the exploration area near Omorate.
BGP was hired by TullowOil, the British oil company, two years ago to undertake a seismic survey in south Omo near the Kenyan boarder. BGP is a company that specialises in collecting seismic data. BGP has good reputations in various countries in similar projects including Saudi Arabia, Oman and Venezuela.
BGP has submitted a commendable seismic data report to the ministry and its client Tullow. So far no exploration well was drilled in South Omo.
BGP is one of the world's leading geophysical service companies, delivering a wide range of technologies, services and equipment to the oil and gas industry worldwide, according to the company’s official website. The company is engaged in seismic data acquisition, processing, interpretation, reservoir geophysics, borehole seismic, and micro-seismic. Since the 1960s, BGP has been providing geophysical services for many energy companies at home and abroad. The company claims to have experienced and capable employees that have operated under all hostile terrain conditions.
At present, BGP has 65 land crews and 6 seismic vessels operating overseas. Fifty overseas branches and offices have been established in Asia, America, Africa and the Middle East.
http://www.newsdire.com/news/3295-ethiopia-tullow-to-start-d…
Hier etwas Neues aus Äthiopien zum South Omo Block. Dieser markiert (gemeinsam mit dem Rift Valley Study Block) quasi den südlichen Teil des Tertiary Rift Systems. Spud wohl in Q4 diesen Jahres. Eine Discovery dort würde sofort für mehr als 80 leads und prospects in diesem Rift System ein erhebliches de-risking erbringen.
Ethiopia: Tullow to start drilling exploration well in South Omo
New !June 09 Posted by: Dave | Yesterday, 10:23 |
Tullow Oil, a global oil and gas exploration company headquartered in London, United Kingdom, will start drilling first exploration well at the end of this year. Reliable sources told The Reporter that Tullow has hired a drilling company. Sources said the company will start drilling the wild cat well in October. Tullow bought a 50 percent stake in the south Omo Valley from Africa Oil. The Vancouver-based company, Africa Oil, acquired the south Omo Valley concession from White Nile, the British oil company. White Nile is a UK-based company in which the South Sudan government has a minority stake. White Nile, which has been prospecting for oil in South Omo Valley since 2005, farmed out the concession to Africa Oil. Tullow has discovered a huge oil reserve in the Albert basin in Uganda.
The company recently struck oil reserve in Turkana basin in Kenya. Experts say the South Omo and Turkana basins have a similar geological structure. Hopes are high for oil discovery in South Omo. “We cannot be certain before drilling and see what nature has stored,” Sinkenesh Ejigu, Minister of Mines told Parliament last week.
In related news, the Chinese oil company that is conducting a seismic survey in South Omo, BGP Geoservices Plc, sued MIDROC Foundation for failing to build a bridge over the Omo River.
BGP is a Chinese company that specialises in conducting seismic surveys. Subcontracted by Tullow Oil, BGP has been collecting seismic data in South Omo. In 2011 BGP hired MIDROC Foundation to construct a bridge over the Omo river near Omorate town. BPG wanted the bridge to transport its machineries used to conduct the seismice survey.
The cost of the bridge construction was estimated at one million birr and MIDROC Foundation reportedly took an advance payment of 306,000 birr. However, to date MIDROC has failed to build the bridge. BGP rented a boat to haul the machineries over the river.
The disgruntled officials of BGP last week sued MIDROC Foundation at the Lideta High Court. Reliable sources told The Reporter that the management of MIDROC wants to settle the issue with BGP through negotiations instead of court battles.
BGP Geo Services Plc, the Chinese petroleum company that is engaged in oil exploration project in the South Omo Valley, has collected encouraging data from the exploration area near Omorate.
BGP was hired by TullowOil, the British oil company, two years ago to undertake a seismic survey in south Omo near the Kenyan boarder. BGP is a company that specialises in collecting seismic data. BGP has good reputations in various countries in similar projects including Saudi Arabia, Oman and Venezuela.
BGP has submitted a commendable seismic data report to the ministry and its client Tullow. So far no exploration well was drilled in South Omo.
BGP is one of the world's leading geophysical service companies, delivering a wide range of technologies, services and equipment to the oil and gas industry worldwide, according to the company’s official website. The company is engaged in seismic data acquisition, processing, interpretation, reservoir geophysics, borehole seismic, and micro-seismic. Since the 1960s, BGP has been providing geophysical services for many energy companies at home and abroad. The company claims to have experienced and capable employees that have operated under all hostile terrain conditions.
At present, BGP has 65 land crews and 6 seismic vessels operating overseas. Fifty overseas branches and offices have been established in Asia, America, Africa and the Middle East.
http://www.newsdire.com/news/3295-ethiopia-tullow-to-start-d…
!
Dieser Beitrag wurde von akummermehr moderiert. Grund: ProvokationZitat von motz1: Wenn sich die "Cannacord-News" im Tenor tatsächlich so bestätigen sollten, dann bin ich mal gespannt ob das ein Nachspiel haben wird.
Es ist nicht die feine Englische Art zunächst mit unveröffentlichtem Insiderwissen Unsicherheit schüren zu wollen und damit Einfluss auf den Kurs ausüben zu versuchen und im Anschluss auf Shopping-Tour zu gehen.
Was man für die werte Kundschaft nicht alles macht...
Update morgen wäre ok. Auf einen schönen Montag
Dieses News ist eigentlich zuvernächläßigen, es wurden gerade mal ca 300 K shares in Canada gehandelt*!
Das sieht doch einfach nur nach Kurspflege aus, bevor der große Abverkauf beginnt,
Man beachte das Ende der Haltefrist für die Beteiligungsgesellschaften*!
Auszug aus dem Schlußhandel in Canada:
Zeit Kurs Volumen Umsatz lfd. Volumen lfd. Umsatz
15:59:59 9,97 100 997 300.200 <<<insgesamt nur 300 K's>>>
Bei über 200 Millionen exestierenden shares,
ein verschwindent geringer Umsatz...*!
NmM*!
Durchsuchen
