Taipan Resources - Exploring and developing Africa's hydrocarbon potential - 500 Beiträge pro Seite

[motz1]

Taipan Resources

TSX.V: TPN >>> Info-Site der TMX: http://tmx.quotemedia.com/quote.php?qm_symbol=tpn
WKN: A1JT69
ISIN: CA87402T1075

Unternehmensprofil laut website:
Taipan Resources is the fourth largest acreage holder onshore Kenya (9.7 million acres/ 39,588 km2) with multiple exploration plays in multiple basins and estimated total net prospective resources of 530 million barrels of oil equivalent. Management has a track record of repeated exploration success, having discovered over 1.75 billion barrels of oil equivalent in frontier regions.
Through its wholly owned subsidiary Lion Petroleum, Taipan currently holds a 100% working interest in Block 2B and a 20% interest in Block 1 which is operated by Afren plc (LON:AFR). Afren is carrying Taipan through 1,200 km of the 2D seismic acquisition on Block 1. Taipan expects to drill its first well on Block 2B in 2013.
http://www.taipanresources.com/index.php

Aktuelle Unternehmenspräsentation:
http://www.taipanresources.com/pdf/2012-10-09%20TPN%20presen…

Aktien und MC (Per 17.07.2012, http://www.taipanresources.com/investors.html):
Anzahl Aktien (fully dilluted):
- 118,496,531 St.
Davon:
- 74,662,991 St. ausgegeben
- 43,833,540 St. Warrants (20 Mio bei 0,12 CAD bis 03/2015 und 23,8 Mio bei 0,60 CAD bis 07/2017)

Marktkapitalisierung (in CAD bei SK von 0,38 vom 19.10.2012): ~28,4 Mio CAD (bezogen auf Shares Outstanding)





Operations/Assets:
Taipan ist in Kenya aktiv. Man ist zu 20% an Block 1 (größte vergebene Onshore-Lizenz Kenyas) beteiligt, an Block 2B hält man 100%.


http://www.taipanresources.com/operations-overview.html

Highlights zu Block 1:
•Taipan 20%, Afren 80% (the operator)
•Covers an area of 31, 781 km2
•Extension of productive Ogaden basin
•Oil seep on south west basin flank
•Oil discovery (1972) made in nearby Ethiopia
•1,200km 2D seismic started in November 2011
Details: http://www.taipanresources.com/operations-kenya1.html

Highlights zu Block 2B:
•Taipan 100%
•7,807 km2 (1.9 million acres) - equivalent to 43 North Sea Blocks
•Prospective resources of 387 mmboe based on Sproule and Associates NI 51-101 report with 17 leads in total and individual leads of up to 128 mmboe
•Thick Tertiary section and structures similar to the Tullow / Africa Oil Ngamia-1 discovery (March 2012, net pay > 100 metres) based on existing seismic
•Oil and gas shows proven on Block 2B with the Hothori-1 well drilled by Amoco in 1989
•Western boundary fully contiguous to Africa Oil’s Block 9 where Marathon Oil farmed-in July 2012 for $78.5mm – tertiary play extends through Block 9 into Block 2B
•Multiple potential play-types – Block 2B also on trend with the cretaceous discoveries of the Melut and Muglad Basins of Sudan
•Expect to drill at least one well in 2013
Details: http://www.taipanresources.com/operations-kenya2.html

Sproule-CPR für beide Blöcke:
Ist zwar auf der neuen TPN-Homepage nicht mehr verlinkt, ist unter dem Lion Petroleum Link aber noch abrufbar: http://www.lionpetroleumcorp.com/fileadmin/user_upload/Lion_…

Schulden:
Keine (s. Unternehmenspräsentation)

Cash:
Derzeit keine aktuelle Info. Mein letzter Stand nach den Corporate-Transaktionen war um die 10 Mio. USD.

Upward Potential:
- bzgl. Region: East Afrika bzw. Kenya als hot-spot schlechthin http://www.taipanresources.com/operations-east.html
- bzgl. Liegenschaften: Unternehmenspräsentation S. 4, 10, 12)

Management und BoD:
- Maxwell Birley (CEO); früher u.a. Marathon.
- Andi Bell (CFO); früher u.a. Centric Energy.
- Charles Watson (BoD); früher u.a. Shell.
- u.a.

Unternehmensstrategie und Vison:
Strategy
•Fully-explore existing acreage, farming down as appropriate to manage risk.
•Grow the company at pace through corporate deals.
•Licence new areas in under-explored basins with attractive geological characteristics.
Vison
•Uncovering corporate deals and new acreage licences
•Initially focusing on eastern sub-Saharan Africa for growth
•Looking at prospective under-explored basins for new licences
•Driving corporate and asset acquisition opportunities
http://www.taipanresources.com/about-overview.html

Aktuell/Gedanken:
- News-Releases: http://www.taipanresources.com/news.html oder TMX (s.oben)
- Nach Berufung des neuen CEO Birley kehrte spürbar Ruhe ein. M.E. war er es, der den Farmout-Deal mit New Age stoppte.
- Das Farmout für Block 2B soll bis Jahresende abgeschlossen sein. Inwiefern die bestehenden Kontakte z.B. zu verganegenen Arbeitgebern genutzt werden können ist noch offen. Jedenfalls lässt sich -auch durch das in Kürze anstehende Twiga-Ergebnis von Tullow/Africa Oil- ein ordentlicher Preis für die Teilhabe von Block 2B erhoffen.
- Eine erste Bohrung für beide Blöcke ist für das zweite Halbjahr 2013 angestrebt (s. Unternehmenspräsentation slide 14)

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Sinn und Zweck:
Hier soll vornehmlich zu Taipan Resources Informationen ausgetauscht und diskutiert werden.
Entsprechnend dem Thread-Titel "Exploring and developing Africa's hydrocarbon potential" sind aber ausdrücklich auch Infos und Gedanken zu anderen (kleinen, bisher nicht diskutierten) Explorern willkommen.

[Resources]

Hallo motz1,

will mich gleich mal in Dein Gästebuch eintragen. Ich hatte auch schon mal daran gedacht einen Taipan-Thread einzurichten, habe aber nie die Zeit dafür gefunden. Wie ich sehe haben sie endlich ihre neue Homepage fertig gestellt, optisch ansprechend und gut gegliedert. Apropos Zeit, muß schon wieder für 3 Tage auf Reisen, 10 Daumen von mir !!!

Gruß Resources

[motz1]

Ein etwa 3 Wochen alter Beitrag, der einen Überblick über TPN verschafft. Der abschließende Größenvergleich, wonach AOI eine etwa 100 mal so große Marktkapitalisierung aufweist, verdeutlicht anschaulich die Verhältnisse.

Auch wenn hier gleich der erste Artikel einen Vergleich zu AOI sucht, bei TPN sollte man meiner Meinung nach keine zweite Africa Oil erwarten. Luft für einen Kursanstieg ist IMHO aber allemal und reichlich vorhanden.

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Oct. 4, 2012, 6:06 a.m. EDT

Taipan Resources Joins East African ''Big Oil'' Bonanza

Oct 04, 2012 (ACCESSWIRE-TNW via COMTEX) -- SOURCE: [Commodity Dispatch] - On March 26, 2012 Tullow Oil (TLW-LSE) and Africa Oil (AOI-TSX) announced that the jointly drilled Ngamia-1 well in Kenya hit 100 meters of net play. Africa Oil's market cap went from $450 million to $2.5 billion. The Ngamia-1 discovery is similar in size to the Lake Albert Rift basin in Uganda which Tullow predicts may hold 2.5 billion proven barrels of oil, with another 10 billion barrels in Kenya.

Recently big Energy giants like Exxon Mobile (XOM-NYSE), BG Group (BG-LSE), Marathon (MRO-NYSE) and Apache (APA-NYSE) have flooded into East Africa.

A Morgan Stanley research report noted that the Ngamia-1 well had "significantly de-risked the basin's wider potential".

Taipan Resources (TPN-TSX.V) is the third largest acreage holder onshore Kenya after Tullow and Africa Oil with a 9.7 million acres land package in the heart of the East African Rift System. Taipan currently holds a 100% working interest in Block 2B (1.9 million acres) and a 20% working interest in Block 1 (7.8 million acres) which is operated by Afren plc (AFR-LSE).



Taipan's total mean net un-risked prospective resources on the Blocks are estimated to be 530 million barrels of oil equivalent.

"East Africa is easier to operate in than West Africa," states Taipan Director Adam Zive, "There are fewer above ground issues. And Kenya is a largely unexplored region. In fact since 1992, there have only been two wells drilled. One of them was Ngamia-1."

The East African Rift System extends from the Red Sea in the north through Sudan, Ethiopia, Kenya, Tanzania and Mozambique. Dozens of new targets are currently being identified, but only a hand full of juniors operate in the region.



Taipan Overview:

Operational team responsible for discovering 1.75 billion boe in previous venturesLargest acreage holding of the small cap independents in KenyaInitial company assets are 20% WI in Block 1 and 100% of Block 2B, onshore Kenya:Total net un-risked prospective resources of 530 mmboeNewly identified Tertiary plays, similar to the recent Tullow/Africa Oil discoveryMarathon Oil $78.5 million farm-in on Block 9 contiguous to Taipan's Block 2B

East Africa is one of the last regions in the world where junior explorers can pursue world-class oil and gas deposits onshore with relatively low drilling costs. "Most of the big exploration targets remaining are off-shore," confirms Zive, "where it can cost $100 million to drill a single well targeting similar resources. In Kenya we expect to be able to drill a well for about $15 million. The risk/reward ratio is very attractive."

Taipan is a leading acreage holder in Kenya with 9.7 million acres. The potential of the Interior rift basins in Kenya is being re-ranked from millions to billions of barrels. Significant corporate activity & farm-outs are expected. Taipan's assets include multiple exploration plays in different basins - spreading exploration risks & increasing the chance of success.

On Oct 1, 2012 Africa Oil announced that it is drilling a 3rd well in Kenya with its partner Tullow. AOI stock price is up 5% on the news. The Paipai-1 well is being be drilled to total depth of 4,112 metres. "A discovery at Paipai would extend the producing plays of Sudan into Kenya and open a potentially significant and new petroleum province within Kenya," stated Keith Hill, Africa Oil's chief executive.

Taipan's Block 1 Operator Afren plc has exercised its option to increase its interest in Block 1 from 50% to 80% in exchange for carrying Taipan through 1,200 km of the 2D seismic acquisition.



Taipan has commenced a farm-out process for Block 2B. This process is expected to be concluded during Q4, 2012.

"There is a significant amount of industry interest regarding farming-in to Block 2B," states Maxwell Birley, Taipan CEO, "based on gravity, magnetic, and seismic data we can see that the Tertiary trend on Block 9 extends into our Block 2B."



Occupying senior positions with Marathon, Premier and Oil Search, Max Birley has played a key role in the discovery over 1.75 BBO. A frontier market expert, Birley has in-country operating experience in Equatorial Guinea, India, Pakistan and Yemen. Mr. Birley is now living full time in Kenya.

Kenya, East Africa's largest economy, is also placing a big bet on East African Oil, beginning construction on a $25 billion pipeline leading to a deep sea port. This will open up export routes from South Sudan, Ethiopia, Uganda - and Northern Kenya where Taipan is operating.

TPN is currently trading at .31, with 75 million shares outstanding and a market cap of $23 million. Africa Oil with its Ngamia-1 discovery in the same rift basin is worth 100 times that.

Copyright 2012 ACCESSWIRE-TNW
http://www.marketwatch.com/story/taipan-resources-joins-east…

[ThorVestor]

[motz1]

Antwort auf Beitrag Nr.: 43.736.597 von Resources am 22.10.12 10:56:58

Ein sehr schöner Thread-Auftakt, freut mich wenn du dich hier blicken lässt. Ob von unterwegs oder wie/wo auch immer .

Die Homepage ist richtig schick geworden. Nur dass sie den Sproule-CPR nicht verlinkt haben ist schade, der ist interessant. Kommt aber vielleicht noch oder ich finde ihn nur nicht.
Die company selbst hat imho mit Birley sehr gewonnen, es ist -zumindest nach außen- Ruhe eingekehrt. Ich bin gespannt wen er als Partner präsentiert...

[motz1]

Ui. Gestern über 23% hoch in Kanda. Mal sehen ob was dahinter steckt, ggf. kommt das Farmout?

[motz1]

Die im September engagierte PR-Agentur hat sich geich ordentlich eingeführt. Sie verweist die Newsletter-Abonnenten auf die Twiga-Meldung:
...............

October 31, 2012
kin communications thought you might enjoy this industry related article in regards to Taipan Resources (TSXV: TPN)
If you have any questions regarding the opportunities in Kenya or Taipan in particular, do not hesitate to contact us.

Tullow strikes oil in second Northern Kenya operationBy Business Daily
British petroleum company Tullow has discovered additional oil deposits in northern Kenya, moving the country closer to having commercially exploitable reserves.
Sources with knowledge of Tullow Kenya's operations said the Twiga 1 South well, where exploration began mid this year, has yielded more than 30 metres of net pay' deposits, 10 metres more than the initial discovery at the pioneer Ngamia well.
To view the rest of the article, please follow this link.
http://www.businessdailyafrica.com/Corporate+News/Tullow+str…

[motz1]

Ein Update - und was für eines. Ich hatte mir die Richtung erhofft, aber nicht dass so vieles so schnell in Schwung kommt. Im ersten "Birley-Update" deuten weiterhin viele Dinge darauf hin, dass TPN seinen Weg gehen wird. Und das alles bei 24 Mio CAD Market Cap. Nice .

Hier die NR:
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November 7, 2012 - President's Letter - An Operational Update from CEO, Max Birley

An Operational Update from CEO, Max Birley

Dear Shareholder,

Since closing Taipan’s first major round of financing ($11.5 million) and the amalgamation with Lion Petroleum in July, we have worked steadily to move the company and its assets in Kenya forward. As the fourth largest gross acreage holder in Kenya we have been quite busy. Below, I enclose a brief summary of what has been happening in the Kenyan oil industry and an update of our operational activities in the country.

In order to facilitate the exploration and development of our two Blocks in Kenya, I have moved my home and family to Nairobi. Relative to other frontier markets in which I have lived, worked and discovered hydrocarbons, Kenya is an easy and friendly place to conduct business. It is also a very exciting time in the Kenyan oil business with very high levels of both commercial and drilling activity post the first major oil discovery in Kenya in March. Kenya is now widely regarded in the industry as the “hottest” place for onshore oil exploration.

Taipan Resources has also engaged two key senior Kenyan nationals to provide the essential local experience and input to operational decisions. This includes Mr Daniel Ngenoh, a geophysicist who was previously the head of the Kenyan National Oil Company and Mr. Hari Ndugu, who is now overseeing Community Relations for the upcoming seismic survey on Block 2B. Both individuals are highly experienced in Kenya and have previous experience with our Blocks. Mr. Daniel Ngenoh has undertaken a significant amount of technical work on Block 1 and Block 2B, while Mr Hari Ndugu worked for many years with the Ministry of Environment and has undertaken many site visits to the Block 2B area.

As you are likely aware, in March Tullow Oil and Africa Oil announced that they had discovered oil in the Tertiary sandstones in the Ngamia-1 well. This well has created tremendous interest in Kenya since the announcement. As a follow on, Tullow are currently drilling a similar Tertiary exploration target to the north of the Ngamia well named Twiga South-1. Although the well is not expected to reach its total depth until later this month, Tullow distributed a press release on the 31st October 2012 declaring that oil has been encountered in the well. Clearly this will continue to generate much interest and excitement as Tullow and its partner Africa Oil share further results later this month on this promising new discovery.

The Tertiary oil discoveries that have been made by Tullow and Africa Oil are highly relevant to the exploration efforts of Taipan, as we have more than 3,150 metres of the same age and type of rocks occurring on Block 2B where we hold a 100% interest.

Tullow also recently commenced the drilling of the Pai Pai exploration well. The well will be drilled to reach total depth at around 4,112 meters and is expected to test Cretaceous and Jurassic objectives.

While our primary objective on Block 2B is oil in the Tertiary, the Pai Pai well is on-trend with additional Cretaceous and Jurassic plays that also exist on Taipan’s Block 2B. The results of the Pai Pai well are expected towards the end of the year.

Contiguous to Taipan’s Block 2B, on Block 9 Africa Oil and Marathon Oil plan to drill the Kinyonga Prospect, with Tertiary and Cretaceous targets, in the second half of 2013. This is a large prospect with a Gross Oil Prospective Resources (unrisked) Best Estimate of 320 mmbbls. Based on gravity, magnetic, and seismic data we can see that the Tertiary trend on Block 9 extends into Block 2B and we believe that the “sweet spot” of the basin is located on our block.


Figure 1: Location of discoveries and wells drilling or to be drilled in Kenya in the next 18 months

Operational Update

Block 2B is currently 100% owned by Taipan’s wholly owned subsidiary Lion Petroleum. Block 2B is 7,800 km2, which is equivalent to 1.9 million acres. We are currently in the Initial Exploration Period of the Production Sharing Contract (PSC) which ends on the 1st June 2013. We have the option to extend the exploration term of the PSC for a further 2 periods of 2 years (total of 4 years). The work program and expenditure up until the 1st June 2013 includes the acquisition of 400 kilometers of seismic data and the acquisition of a block wide Full Tensor Gradiometry survey (FTG).

We expect to begin the acquisition of 400 kilometers of seismic data for Block 2B in December of this year and early in 2013 we will also acquire the FTG survey. The total expenditure for the work program up to the 1st June 2103 will be $6.5 million. Concurrent with the interpretation of the seismic and FTG data, we expect to begin our well planning and design work and expect to drill an exploration well on Block 2B in the second half of 2013.

We have also now completed an in-depth technical review of Block 2B which has exceeded our original expectations. Management believes that the resource estimates previously prepared by independent petroleum consultants Sproule for Block 2B are conservative. We expect to provide an update to our resource estimates in the first half of next year after the seismic and gravity work has been integrated. It should also be noted that the current resource estimates for Block 2B were prepared prior to the oil discoveries that have occurred this year in Kenya.

During the month of October we arranged a 20 day site visit to Block 2B to meet senior government officials and tribal elders to begin the process of pre-survey community awareness. Two public meetings were held to explain the work that will be undertaken and to take onboard the concerns of the local community. Further sensitization meetings will take place before the seismic survey commences.


Figure 2. Left: Part of the crowd attending the sensitization Baraza at Sericho area
Right: Taipan’s Community relations team having their photos taken on Block 2B

On Block 1 where Taipan holds a 20% interest in a 40,000 km2 block (7.8 million acres), BGP the Chinese Bureau of Geophysical Prospecting, have acquired 1,300 kilometers of the planned 1,800 kilometer seismic survey. The survey is expected to be completed in January 2013.

Commercial Update

In September we commenced a farmout process for Taipan’s wholly-owned Block 2B. The aim is to bring in a partner that will be expected to add technical input to the work on the block in addition to carrying our costs through the exploration work program. We are currently engaged in various levels of discussion with a number of potential farm-in partners. We plan to farm out up to 50% of our interest in the block and expect the farm-out process to be concluded by the end of this year.

We have also been encouraged by the high level of recent commercial activity in both Kenya and the surrounding region, and in particular by the farm-in on Block 9 which is contiguous to Taipan’s Block 2B. Commercial activity has included the Marathon farm-in into Africa Oil’s interests in Blocks 9 (50%) and 12A (15%) for $57 million that closed in October, and the purchase from Agriterra also by Marathon of its 20% interest in the South Omo Block in Ethiopia for a total of $50 million also in October. In addition, in September Bowleven farmed into Adamantines’ Block 11B to acquire a 50% interest for funding the next $10 million of seismic work. All of this activity demonstrates the sizable interest in the Kenyan hydrocarbon arena.

Investor communication is very important to the Taipan Board and Management Team. In order to educate investors of the attractiveness of Taipan’s acreage position and to clarify the upcoming work program and expected farm-out, throughout October we held more than 50 investor and analyst meetings across the UK, Ireland, Canada and the USA.

We will continue to keep you updated on our progress and also suggest you visit Taipan’s recently refurbished website (www.taipanresources.com) for news on developments with the Company and throughout east Africa.

Finally, we wish to thank you for the confidence you have entrusted in the Taipan Board and Management Team, and assure you of our commitment to building sustainable shareholder value.

Warm regards,

Maxwell Birley
Chief Executive Officer

http://www.taipanresources.com/news.html#nov7

[motz1]

Zitat von motz1: In order to facilitate the exploration and development of our two Blocks in Kenya, I have moved my home and family to Nairobi. Relative to other frontier markets in which I have lived, worked and discovered hydrocarbons, Kenya is an easy and friendly place to conduct business.

Gutes Zeichen. Ggf. Wohngemeinschaft mit den Hills?

Zitat von motz1: Taipan Resources has also engaged two key senior Kenyan nationals to provide the essential local experience and input to operational decisions. This includes Mr Daniel Ngenoh, a geophysicist who was previously the head of the Kenyan National Oil Company and Mr. Hari Ndugu, who is now overseeing Community Relations for the upcoming seismic survey on Block 2B. Both individuals are highly experienced in Kenya and have previous experience with our Blocks. Mr. Daniel Ngenoh has undertaken a significant amount of technical work on Block 1 and Block 2B, while Mr Hari Ndugu worked for many years with the Ministry of Environment and has undertaken many site visits to the Block 2B area.

Wichtig.

Zitat von motz1: The Tertiary oil discoveries that have been made by Tullow and Africa Oil are highly relevant to the exploration efforts of Taipan, as we have more than 3,150 metres of the same age and type of rocks occurring on Block 2B where we hold a 100% interest.

Gleiches Rift aber weit weg.

Zitat von motz1: Based on gravity, magnetic, and seismic data we can see that the Tertiary trend on Block 9 extends into Block 2B and we believe that the “sweet spot” of the basin is located on our block.

Nice.

Zitat von motz1: We expect to begin the acquisition of 400 kilometers of seismic data for Block 2B in December of this year and early in 2013 we will also acquire the FTG survey. The total expenditure for the work program up to the 1st June 2103 will be $6.5 million. Concurrent with the interpretation of the seismic and FTG data, we expect to begin our well planning and design work and expect to drill an exploration well on Block 2B in the second half of 2013.

Sie fackeln nicht lange...

Zitat von motz1: We have also now completed an in-depth technical review of Block 2B which has exceeded our original expectations. Management believes that the resource estimates previously prepared by independent petroleum consultants Sproule for Block 2B are conservative. We expect to provide an update to our resource estimates in the first half of next year after the seismic and gravity work has been integrated. It should also be noted that the current resource estimates for Block 2B were prepared prior to the oil discoveries that have occurred this year in Kenya.

Diese (hier als veraltet/konservativ dargestellte) estimate beinhaltet bereits 17 Leads.

Zitat von motz1: On Block 1 where Taipan holds a 20% interest in a 40,000 km2 block (7.8 million acres), BGP the Chinese Bureau of Geophysical Prospecting, have acquired 1,300 kilometers of the planned 1,800 kilometer seismic survey. The survey is expected to be completed in January 2013.

In September we commenced a farmout process for Taipan’s wholly-owned Block 2B. The aim is to bring in a partner that will be expected to add technical input to the work on the block in addition to carrying our costs through the exploration work program. We are currently engaged in various levels of discussion with a number of potential farm-in partners. We plan to farm out up to 50% of our interest in the block and expect the farm-out process to be concluded by the end of this year.

Wie wäre es mit MRO?

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Wie ich finde eine schöne Entwicklung bis dahin. Ich hoffe auf eine optimale Ausgestaltung des Farmouts und einen entsprechenden Partner. Sehr schön, aber wie immer alles imho.

[motz1]

NR: Birley sitzt nun auch im BoD:

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Taipan Resources Inc. Announces Board Appointment of Mr. Maxwell Birley

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2012) - Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to announce the addition of Maxwell Birley to the Board of Directors of Taipan Resources Inc.

Mr. Charles Watson commented, "We are pleased to welcome Mr. Birley to the board of Taipan Resources. Since his appointment as CEO in July, Mr. Birley has delivered several key milestones for Taipan and has shown a strong commitment to the Company including relocating to Nairobi."

Maxwell Birley has over 30 years experience in the oil and gas industry including senior roles with Marathon Oil, Premier Oil, and Oil Search Limited and in-country operating experience in Equatorial Guinea, Pakistan, Yemen, and India. Mr. Birley has a geological geophysical degree and is an Explorationist by training. Throughout his career, Mr. Birley has been directly involved in the discovery of over 1.75 billion barrels of oil equivalent. He has also been responsible for negotiating numerous farm-out and farm-in agreements and acquisitions, and for managing and developing multi-billion dollar oil and gas assets in Africa.

Mr. Mike Devji has accordingly stepped down as a Director of the Company.
[...]

http://tmx.quotemedia.com/article.php?newsid=55835257&qm_sym…

[motz1]

Taipan hat zu einer technischen Präsentation geladen. Mal sehen, an welche Infos man kommt:

November 15, 2012

Taipan Resources Technical Presentation Invite - A Review of Kenya

Taipan Resources warmly invites you to a technical analyst meeting at 11:00AM (London UK time) on November 16th, 2012 at IOD London Pall Mall - 116 Pall Mall, London, SW1 5ED, to introduce you to our portfolio of assets which currently comprise onshore Block 1 and Block 2B, Kenya.
The technical briefing will summarize the status and technical work programs currently being undertaken on both Block 1 and Block2B and their resource potential.
Special attention will be given to explaining Taipan's evolving technical understanding of Block 2B in the Anza Graben. This block is currently being farmed-out and is creating significant excitement in the industry. Taipan's recent proprietary technical work is demonstrating that the Anza Graben is likely to be the largest Tertiary-age rift-rift basin of the whole East Africa Rift system, bigger than the petroleum bearing Lake Alberta and Lokichar (containing the recent Ngamia - 1 oil discovery) basins.
The Anza Garben contains Tertiary plays directly analogous to those proven to be oil bearing in the Lake Alberta and Lokichar basins and it also contains additional Cretaceous plays concomitant to the proven, oil producing-plays in the Mugladn and Melut basins in souther Sudan. Given the proven reserves of the Sudanese and Lake Albert basins alone likely exceed 8 billion barrels of crude oil, the potential of the Anza Graben is undeniable.
Please RSVP if able to attend the presentation in person to [e-mail]
Interested parties unable to attend in person are welcome to join in via Conference Call requesting the dial in information and presentation material to [e-mail]
In addition, a playback of the technical presentation will be available by request by the following week.

[Resources]

Antwort auf Beitrag Nr.: 43.833.249 von motz1 am 16.11.12 16:14:24

Hier die erste Info:

Taipan Resources Inc. Announces 2D Seismic Acquisition to Commence in January on Block 2B Onshore Kenya

NAIROBI, KENYA--(Marketwire - Nov 22, 2012) - Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to provide the following update regarding the 2D seismic acquisition program on Block 2B onshore Kenya.

Taipan has a contract with BGP (Bureau of Geophysical Prospecting of China) to acquire up to 800 kilometers of seismic data over Block 2B in North Eastern Kenya. BGP has begun mobilizing their seismic crew and plans to commence recording in January 2013. Taipan expects the 2D seismic acquisition to be completed by the end of Q1 2013.

BGP is one of the world''s leading geophysical service companies. BGP currently has five seismic crews working in Kenya and has completed a number of other seismic surveys surrounding Block 2B earlier this year. BGP is also currently shooting seismic on Block 1 in Kenya where Taipan owns a 20% interest.

Mr. Maxwell Birley CEO commented, "Taipan''s recent proprietary technical work is demonstrating that the Anza Basin is likely to be one of the largest Tertiary-age rift-basins of the East African Rift system which contains multi-billion barrel oil discoveries. Based on gravity, magnetic and seismic data we believe that the ''sweet spot'' of the Anza Basin is located on Block 2B."

[motz1]

Antwort auf Beitrag Nr.: 43.851.655 von Resources am 22.11.12 13:05:24

Hat der das echt gesagt

"Mr. Maxwell Birley CEO commented, "Taipan''s recent proprietary technical work is demonstrating that the Anza Basin is likely to be one of the largest Tertiary-age rift-basins of the East African Rift system which contains multi-billion barrel oil discoveries. Based on gravity, magnetic and seismic data we believe that the ''sweet spot'' of the Anza Basin is located on Block 2B."

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Thx! Ich habe die 2. gefunden - die Präse zum London-event:

http://taipanresources.com/pdf/2012-11-16_Taipan_TechnicalAn…

Gut gemacht, wie ich finde. Slide 28 gefällt mir sehr...

[Resources]

Hallo motz1,

ja, die Präsi ist wirklich gut gemacht und Dein Lieblingsslide gefällt mir auch. Ob er das wirklich gesagt hat sei mal dahingestellt, wichtig ist das es stimmt.

[motz1]

Von Stockhouse:

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MACKIE RESEARCH NOTE

RECOMMENDATION AND TARGET – SPEC. BUY / $1.00 PER SHARE TARGET

As one of largest landholders in Kenya, Taipan provides investors with exposure to one of the hottest high-impact exploration plays in onshore Africa.
Based upon the potential for a significant oil discovery from a carried exploration drilling program, we are initiating coverage on Taipan Resources Inc. with a SPECULATIVE BUY recommendation and a $1.00 per share 12-month target price equivalent to a 1.0x multiple of our risked prospective resource NAV/fd share.
On an un-risked basis, and indicative of the exploration potential, we calculate a NAV of $12.95/fd share

[ThorVestor]

[motz1]

So, die IR meldet, dass TPN in 'The Junior Report' beleuchtet wurde.

Frohe Weihnachten an alle TPN'ler, unser Präsent -das Farmout- wird sich wohl verspäten...

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Risk Capital Is In Abundance. Just Give It A Reason

By Junior Report – December 18, 2012
Posted in: Featured Articles

No one can deny this has been one of the most humbling and difficult markets investors have seen in a long time, if not their entire lives. Gone are the good old days of being able to throw a dart to pick a successful deal.

While some may say it’s a tough market, the abundance of risk capital on the side lines and the flow of money to new discoveries show that there are still a lot of opportunities out there.

I believe I found a company with huge potential, in a hot area, with the right team in place to make this story a huge success.

The company is Taipan Resources (TSXV: TPN)

Taipan’s operations are located onshore in Kenya which is home to the recent billion dollar discovery by Africa Oil Corp. AOI hit over 200m of pay and the market bought this stock up from $2 to over $12 at its peak. The most intriguing part is that they only own 50% of the play (London oil giant Tullow PLC has the other half), which means the overall market is valuing their discovery at over $3 Billion. When I say there is an abundance of risk capital on the sidelines, I am not lying. Africa Oil recently announced a financing which they recently increased to $232.5 million!

Again, there is always money for the next big thing.

Taipan is the 4th largest acreage holder in Kenya and currently holds a 100% working interest in Block 2B and a 20% interest in Block 1 which is operated by Afren plc (LON:AFR). They are the largest land holders outside of Tullow and Africa Oil.

Currently Taipan is in the process of completing a farm out agreement on their 100% owned Block 2B. Taipan has given guidance of completing a agreement farm out by year’s end. With this agreement Taipan hopes to receive compensation for back costs, funding for additional seismic, and a carry on the cost of drilling and testing future exploration wells. The plan is to retain a 50% interest in Block 2B.

Depending on what kind of deal Taipan can strike and with whom, this could be a huge potential catalyst for the story and can go a long way to further de risking Block 2B and the company’s financial position.



Don’t just take my word for it. Taipan Resources, not surprisingly, is the only junior company operating in Kenya to receive analyst coverage. Bill Newman, of Mackie Research Capital, recently initiated coverage on December 5, 2012 and came out with an aggressive 12 month target of $1 / share. The report was titled “Elephant Hunting in Kenya” which I couldn’t have said any better. Some highlights from that report highlight the significant opportunity with Taipan: “Taipan provides investors with exposure to high-impact conventional oil plays located onshore within Kenya’s hot rift basin play” “We believe the potential exists for significant share price appreciation once Taipan secures a farm-out partner and we see significant additional upside if a carried exploration campaign results in a new pool discovery” …with bullish comments like these, it’s no wonder why it was up over 20% on approx 1m shares, and now has an analyst target 300% higher than its current price.

Now that this coverage is in place, I expect the story to see more institutional buyers entering the market, which I believe was demonstrated yesterday when we saw Taipan traded just under 1M shares.

Anyone looking for huge leverage through a potential Africa Oil number two, Taipan Resources is a story that cannot be ignored.

Everything you need can be found at http://www.taipanresources.com/

As always, this is not an investment recommendation and everyone should do their due diligence and consult a competent financial advisor before making an investment decision.

No related posts.

http://juniorreport.com/featured_articles/2012-12-18-472/

[motz1]

So, FTG-Survey startet noch Ende Januar und damit sind im Februar dann auch schon die Verpflichtungen aus der Initial Exploration Period erfüllt. Es läuft was .

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Taipan Resources
January 10, 2013

Taipan Resources Inc. Announces Award of Full Tensor Gravity Survey to ARKeX Ltd. on Block 2B Onshore Kenya

NAIROBI, KENYA--(Marketwire - Jan. 10, 2013) - Taipan Resources Inc. (TSX.V:TPN) ("Taipan" or the "Company") is pleased to announce that it has contracted ARKeX Ltd. to undertake an 11,750 km Full Tensor Gravity Gradiometry survey (FTG) over Block 2B onshore Kenya. The survey, which will also acquire magnetic data, is expected to commence in late January and to be completed in February 2013.

The award of the FTG survey to ARKeX Ltd. is the last contract required to complete the work program on Block 2B during the Initial Exploration Period. On completion of the Initial Exploration Period, Taipan expects to enter the First Additional Exploration Period and to drill an exploration well on Block 2B in late 2013 or early 2014. The First Additional Exploration Period has a term of two years.

Mr. Maxwell Birley, CEO commented, "The Anza Basin is one of the largest Tertiary-age rift-basins of the East African Rift system which contains multi-billion barrel oil discoveries. We continue to believe based on existing gravity, magnetic and seismic data that the 'sweet spot' of the Anza Basin is located on Block 2B. Recent proprietary geochemistry work completed by Taipan also demonstrates that there is excellent quality Tertiary oil-prone source rock present in the Anza Basin in the region of Block 2B."

About Taipan Resources Inc.
Taipan Resources Inc. (TSX VENTURE:TPN) is an independent African oil and gas exploration company with interests in 9.7 million gross oil and gas exploration acres (39,588 km2 ) in Block 1 and Block 2B onshore Kenya. Through its wholly owned subsidiary Lion Petroleum Corp., Taipan currently holds a 100% working interest in Block 2B (1.9 million acres / 7,807 km2) and a 20% working interest in Block 1 (7.8 million acres gross / 31,781 km 2) which is operated by Afren plc. Taipan is traded on the TSX Venture Exchange with the symbol TPN.

About ARKeX Ltd.
ARKeX is a provider of non-seismic geophysical imaging services for the oil & gas exploration industries. It specialises in the acquisition of multi-client and proprietary Full Tensor Gravity Gradiometry (FTG) data. FTG surveys measure minute variations in the earth's gravitational field to help image subsurface structures. FTG has a much higher bandwidth and delivers a higher resolution image than conventional gravity surveys. It can be used as a stand alone service or in conjunction with seismic data. ARKeX can also process and interpret conventional gravity and magnetic data as well as brokering multi-client non-seismic data. Based in Cambridge, UK, ARKeX has offices in Sherington, UK, and Houston, USA, and has global operational capabilities. www.arkex.com

Quelle: E-Mail-Newsletter von TPN.

[motz1]

Sehr ausführliches Interview mit Maxwell Birley mit einigen Highlights, u.a.:
- geschätzte 1,0 Mio barrels unrisked prospective resources im Resource Update
- Uganda-Pipeline wird in geschätzten 175km "Nähe" vorbeiführen
- The Anza Basin is the largest of these East African rift basins and 10 times the size of Uganda’s Albertine Basin and Kenya’s Lokichar Basin.
- Bohrungen in Block 1 und 2B jeweils Ende diesen/Anfang kommenden Jahres.


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Kenyan Oil, Hot and Getting Hotter: Interview with Taipan’s Maxwell Birley

By James Stafford | Mon, 14 January 2013 23:21

Kenya has become the hottest oil and gas venue in East Africa since big discoveries were made in the country’s virgin oilfields last April. All eyes are on Kenya in 2013 to see how quickly--and economically they can develop those discoveries into production.

Nairobi based Taipan Resources Inc. (TPN-TSXV; TAIPF-PINK) is the 4th largest acreage owner in Kenya, and is getting ready to carry out seismic on Block 2B. They recently attracted Maxwell Birley as CEO. Mr. Birley has been instrumental in discovering more than 2 billion barrels of oil equivalent in his 30-year career—much of it in Africa and Asia.


In an exclusive interview with Oilprice.com, Taipan CEO Maxwell Birley discusses:

• Why Kenya is the hottest venue in East Africa
• Why 2013 will be a stellar year for Kenya
• Why the regulatory environment remains attractive
• Why Kenya outranks its neighbours
• Why infrastructure will be in place in time for commercial activity
• Why this venue is good for the juniors
• Why the Somalia security risk remains low
• What Taipan is really chasing

Oilprice.com: There were some major discoveries in Kenya last year. Could you give me some colour on these discoveries that has the market thinking Kenya is now one of the hottest exploration spots on earth?

Maxwell Birley: There are a couple—or 2 billion--reasons actually. First, two recent discoveries by Tullow in the Tertiary Lokichar basin of Kenya are in similar geological settings as the discoveries also made by Tullow in the Albertine Basin in Uganda, just to the west.

Uganda has over 2 billion barrels, and the discoveries are similar enough that one could assume the eventual size of the resources in the Lokichar basin could be in the billions of barrels range as well.

There are also other Tertiary basins in Kenya that are attractive. Based on geochemical work we recently did it’s possible that the eventual hydrocarbon resource size for the whole of Kenya could be much higher than this.

Being specific the unrisked prospective resources for Taipan’s acreage in Kenya is 530 million barrels. We also believe that this estimate will likely increase to approximately 1.0 billion on completion of our studies.
These estimates are for only 2 blocks in Kenya, if this is reasonably extrapolated to other blocks across the country one can easily forecast very significant hydrocarbon resource sizes indeed.

Oilprice.com: What’s the easiest and most challenging thing about working with the Kenyan government and in the Kenyan political climate?

Maxwell Birley: The Ministry of Energy is always ready for a meeting. They listen to our concerns and take the appropriate action. They quickly follow up and give us the support that we need with other Ministries. In the field the local administration is also very helpful. We have regular meetings to make sure our work continues without a hitch.

With regard to the political climate, there is an election coming up in March 2013. We’re making arrangements so that we do not have a slowdown in seismic operations during that period. The last elections in 2007 were associated with some “geographically limited” security issues, however these were located far from our areas of operation, so we are not expecting the elections to have much impact on our operations.

Oilprice.com: The Kenyan government is reviewing its oil and gas regulations. Among the suggested amendments is one that would see the National Oil Corporation (NOC) get a 25% interest in oil properties that foreign firms are operating in Kenya, but this would put the government in a precarious position vis-à-vis attracting investors. How do you see this playing out in the end?

Maxwell Birley: The government is reviewing the terms that shall apply for licences/contracts that will be granted in the future. Oil companies will review all the terms on offer at the time of bid submission and compare them to the attractiveness of the acreage.

Oilprice.com: In November last year, Kenya expelled Norwegian Statoil, after revoking its exploration license. Is Nairobi increasingly ‘policing’ exploration, and what will this mean for investors in the near/medium term?

Maxwell Birley: One of the main functions of the Ministry is to regulate the companies undertaking exploration activities in Kenya. We feel confident, as in many other countries where we have worked, that if you carry out your commitments in the timeframe of the PSC then your license is 100% secure. If we decide to go into the next phases of exploration on Block 2B we can continue to explore for hydrocarbons on the block for another 4.5 years without concerns to the validity of our contract.

Oilprice.com: How does the industry view the financial terms offered by Nairobi in oil and gas?

Maxwell Birley: We believe the terms are reasonably attractive, at least for an oil discovery. The reason that only a few exploration wells were drilled in the past was due to the lack of exploration success—and this was driven by the lack of understanding by the oil companies of the basins. It wasn’t because of financial terms offered by the government.

Now that a discovery has been made and our knowledge is increasing, we are going to see a significant increase in drilling activity and therefore reserve additions to the country.

Oilprice.com: Is Kenya becoming more a game for the majors rather than the juniors, and do you think we will see more joint ventures in the near future?

Maxwell Birley: In our opinion there is a place for small companies at every stage of the development of an oil province. But it’s definitely good news for those juniors with large land positions already in the country. The early movers--i.e. the companies like Taipan that acquired their acreage before the oil was discovered—will benefit from the recent oil discoveries. Most of the more prospective acreage has now been leased and therefore the competition for land is increasing.

As large volumes of oil are discovered, the large independent and Majors will start to notice the country more and more. The Majors—due to their size and complexity—tend to be exploration risk averse and prefer to concentrate on large, lower-risk developments.

Oilprice.com: How would you like to see Nairobi interact with the energy sector moving forward? And how does Kenya compare with other venues in the region like Ethiopia, Tanzania, and Sudan?

Maxwell Birley: There is no doubt that Nairobi is a premium location for business, tourism and families. This is illustrated by the fact that many multi-nationals operating in the sub-Sarahan African region have their head offices in Nairobi. Regarding interaction, it is the oil industry that will need to develop an active and well respected industry body so that broad industry issues can be discussed at the higher levels.

Oilprice.com: Kenya is clearly the East African leader in oil infrastructure, and is now starting the Lamu Port-South Sudan-Ethiopia Transit corridor (LAPSSET) project. But it will cost $25 billion for the roads, the 1200 km pipeline and 120,000 barrel-per-day refinery. How feasible do think this project is and why? Is it feasible in the timeframe projected by Nairobi?

Maxwell Birley: The resources in Uganda and to some extend south Sudan must be exported. A pipeline through Kenya seems to be the most feasible.

Regarding the time line, having 2.5 billion barrels sitting in the ground just west of Kenya in Uganda is a really strong motivation to build the pipeline quickly. In South Sudan I think they started pumping oil back up north again now, but I think they will want to go through Kenya in the near future.

Whether it’s LAPSSET or the Tullow consortium someone is going to build a pipeline through Kenya to the coast in the next few years. We think the pipeline will be located within 175 kilometres from our acreage. The pipeline will be good for everybody in the region but it should be particularly positive for us.

So when we make a discovery on Block 2B, the pipeline will be in the construction phase. In the interim we’ll truck the oil by bowser the early production from the fields. Then, depending on the size of any discoveries, we’ll build a connecting pipeline into the pipeline from Uganda. I think we’re in a very fortunate position now.

Oilprice.com: In terms of exploration what are the ‘sweet spots’ in Kenya?

Maxwell Birley: Definitely the Anza Basin. Currently, the proven sweet spots are in the Tertiary sediments of the rift basins of Uganda and Kenya. More specifically to Kenya in the Lokichar Basin as proven by the Ngamia and Twiga wells by Africa Oil.

These basins form part of the larger East African Rift system. This is a very extensive rift system and many new plays will be discovered in the next few years. The Anza Basin is the largest of these East African rift basins and 10 times the size of Uganda’s Albertine Basin and Kenya’s Lokichar Basin. This rift contains Jurassic, Cretaceous and Tertiary sediments.

Taipan is exploring for oil in the south eastern end of the Anza basin. Located on block 2B we have proven more than 9,500 feet of Tertiary section on the block. From the geochemical modelling we have undertaken we see the same oil source rocks in the Anza Basin that are present in the Lokichar basin, which are highly likely to be mature for oil generation on Block 2B. In addition we also believe that more oil discoveries will be made in the Cretaceous and Jurassic basins if you can find favourable places to drill.

Oilprice.com: What has Taipan’s proprietary technical work in Block 2B in the Anza Basin demonstrated so far?

Maxwell Birley: The Anza basin has proven oil-prone Cretaceous source that in places is potentially in the gas window (Bogal gas discovery), however our technical work has also demonstrated that the basin has an active Tertiary lacustrine (lake) oil source that is in the oil window. Consequently, the Anza basin has an excellent chance of being a much more significant oil producing basin than the small rift basins that have so far been discovered.

Oilprice.com: And that’s what you’re really chasing here—with these roughly 10 million acres in the Anza Basin—the tertiary play...

Maxwell Birley: Agreed. What we’re primarily chasing in Block 2B is the same Tertiary oil play that Tullow inherited originally in Uganda. The discoveries there were the main reason Africa Oil and Tullow drilled the Ngamia and Twiga oil wells in Kenya—which have also been very successful. Of course, don’t overlook the fact we also have a secondary Cretaceous oil play in the block, that appears to be broadly analogous to the Cretaceous plays present in the Muglad Melut basins of southern Sudan and is the main focus of exploration efforts in Block 10A, operated by Africa Oil Corp.

Regarding the rest of our acreage, in Block 1 for example where we have a 20% interest in a 31,781 Km2 block we are chasing older Cretaceous, Jurassic and Permo-Triassic plays. The block is located in an extension of the successful Ogaden Basin of Ethiopia and Somalia. We think the block will be very prospective as it is surrounded by oil seeps and a well that recovered oil on test.

The 2 blocks combined makes us the 4th largest acreage holder in Kenya. In terms of near-term drilling and catalysts in the region, we have Tertiary, Cretaceous and Jurassic plays on Block 1 and Block 2B that will be drilled in the next 12 to 18 months.

Oilprice.com: Tell us what 2013 will look like for exploration in Kenya?

Maxwell Birley: Ten exploration wells should be drilled in Kenya in 2013. Based on the previous success rate it is expected that a significant number of these will be discoveries. Tullow will continue drilling wells on Blocks 10BB and 13T on the west side of the country to find more oil in that string of pearls.

Also we shall shortly get the results of the Paipai-1 well which is currently drilling in northern part of the Anza Basin. The well is testing Cretaceous & Jurassic plays, with a potential 121 million barrels. Other wells including Sabisa and Kinyonga also expected to be drilled in 2013.

Oilprice.com: For Kenya, a discovery at Paipai-1 would prove that oil discoveries of Sudan extend into Kenya. What would it mean for Taipan?

Maxwell Birley: There have already been Cretaceous gas discoveries in Kenya. Taipan believes that if you can find the Cretaceous that has not been buried too deep it will be prospective for oil. However we think the Paipai well is very high risk as it seems likely to be a recent tectonic inversion structure and therefore may be breached by recent faulting. We think we can find on Block 2B Cretaceous structures that are oil prone that have not been breached by recent faulting. So if that well does come in then it is going to be good news for the Anza Basin in general, but if dry it will not write off the Cretaceous potential in our block. Having said that I should point out that this is not our main focus at this time.

Oilprice.com: What about other prospects, like the Kinyonga well?

Maxwell Birley: Kinyonga is the next big prospect that is going to be drilled by Africa Oil Corp. and that is very meaningful for us. Kinyonga, which is on Block 9, will be located relatively close to our block, is both Tertiary and Cretaceous prospect. It has an unrisked resource estimate of 320 million barrels prospective, and it is one of the largest prospects in Africa Oil’s portfolio of drilling targets. Africa Oil also has another prospect called Pundamilia which is even closer to our block. This prospect has a unrisked resource Best estimate of 402 million barrels and a High estimate of 952 million barrels which I believe is the largest prospect in Africa Oil’s portfolio.

Oilprice.com: And what is the status of Kinoyonga?

Maxwell Birley: The timeline Africa Oil report for Kinoyonga is the 2nd half of 2013.

Oilprice.com: That would be a pretty big corollary for Taipan ….

Maxwell Birley: I think that even prior to getting those drilling results; investors are going to become more aware that the Tertiary play extends into our block. This was proven by the Hothori well which encountered 9500 ft. of Tertiary sediments. Better than this based on seismic data we estimate that in parts of the block there could be greater than 15,000 feet of Tertiary sediments.

Oilprice.com: What can we expect from Taipan over the next six months?

Maxwell Birley: Taipan has contracted BGP to acquire up to 800 kms of 2D seismic survey and Arkex to acquire a block wide FTG survey both over Block 2B. The seismic will commence recording in January 2013 and the FTG in February. Both surveys will be completed and interpreted prior to the 1st June deadline to complete the work. We expect to enter the first additional exploration period and are planning on drilling a well late 2013 early 2014.

Taipan has a 20% interest in Block 1 where Afren has recorded 1900 kms of seismic data. After the seismic has been processed and interpreted the company will commence preparations for well to be drilled in late 2013/early 2014.

Oilprice.com: What do you expect to learn from this North Eastern data?

Maxwell Birley: We will be acquiring world class seismic data with an extremely high fold in Block 2B. We may record data with fold as high as 540 (other operators in Kenya usually only record at 60 fold). We will do this so that we get excellent signal to noise ratio and seismic data improvement. This will then enable us to predict with some certainty the areas that have high shale to sand ratios. This in turn will indicate where the Tertiary lakes sediments were deposited. This will dramatically increase the chances of drilling a successful oil well.

Oilprice.com: Let’s close off then with a note on security and Taipan’s potential concerns in that area...

Maxwell Birley: Our acreage is in a remote region with very few inhabitants. We always take the appropriate health and safety precautions for example we’ve carried out detailed security risk assessments and we have visited the areas on a number of occasions. We work with other operators and security companies to ensure we have good local information.

To mitigate the risk, we have 50 to 60 armed police on the seismic crew to supply physical security. More importantly we have excellent support from the government and local authorities. We are in the process of undertaking some CSR water projects so that local people benefit from our activities. We also have a team from the area that is in the field communicating continuously to ensure that the local community understands what we are doing and observes the benefits of working with Taipan.

So in summary, we take it all pretty seriously. There are risks, however, it’s a place where you can work, so we’re being very respectful and careful to nurture successful relationships.

Oilprice.com: Has Kenya’s intervention in Somalia had any impact on exploration in the border area?

Maxwell Birley: Yes, it has ensured that oil companies can undertake their work in relatively safe conditions.

Oilprice.com: Mr. Birley, best of luck. Thank you for your time and we will check in with you later in the year. For those readers interested in finding out more about Taipan Resources please visit their webpage: http://www.taipanresources.com/


http://oilprice.com/Interviews/Kenyan-Oil-Hot-and-Getting-Ho…

[motz1]

Und auch die 2D Seismic läuft...

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Taipan Resources Inc. Announces Commencement of 2D Seismic Data Recording on Block 2B Onshore Kenya


NAIROBI, KENYA--(Marketwire - Jan. 17, 2013) - Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to announce that 2D seismic data recording commenced on Block 2B onshore Kenya on January 13th, 2013.

As previously announced, Taipan's wholly owned subsidiary Lion Petroleum Corp. awarded a contract to BGP to acquire the 2D seismic data on the 15th of November 2012. BGP mobilized its crew number 8638 E and started camp construction on the 29th of November 2012. A number of sensitization meetings have also been held with the local community in regards to the 2D seismic survey on Block 2B.

Line surveying of Block 2B commenced on the 28th of December 2012 and recording of 2D seismic data commenced on the 13th of January 2013. Taipan expects to acquire a minimum of 400 kilometers of 2D seismic data during Q1 2013. The data from the survey will be processed and interpreted, in conjunction with the FTG survey and existing data, to determine the location of Taipan's first exploration well on Block 2B. Taipan expects to drill its first well on Block 2B in late 2013 or early 2014.

Mr. Maxwell Birley, CEO, commented, "The Anza Basin is one of the largest Tertiary-age rift-basins of the East African Rift system which contains multi-billion barrel oil discoveries. We continue to believe based on existing gravity, magnetic and seismic data that the 'sweet spot' of the Anza Basin is located on Block 2B. Recent proprietary geochemistry work completed by Taipan also demonstrates that there is excellent quality Tertiary oil-prone source rock present in the Anza Basin in the region of Block 2B. Initial stack 2D seismic data on Block 2B also looks very encouraging."

http://tmx.quotemedia.com/article.php?newsid=57308152&qm_sym…

[motz1]

NR: Options

Jetzt, da alle mit dem nötigsten versorgt sind, kann es ja dann losgehen...

...............................

Taipan Resources Inc. Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 22, 2013) - Taipan Resources Inc. (the "Company") (TSX VENTURE:TPN) advises that it has granted incentive stock options to certain directors, officers and consultants of the Company, entitling them to purchase up to 5,550,000 common shares of the capital stock in the Company at an exercise price of $0.325 per share for the next 4 years.

The grant is subject to regulatory approval.

On behalf of the Board of Directors

Joel Dumaresq, Director

http://tmx.quotemedia.com/article.php?newsid=57425986&qm_sym…

[motz1]

Sehr positive Berichterstattung, viele schöne Hinweise. Man beachte allerdings auch den farblich hervorgehobenen Disclaimer am Ende...

...............................

The East African Oil Junior Best Positioned for 2013

ADVERTORIAL BY KEITH SCHAEFER

International oil plays are where the 10-baggers are for energy investors. Because they are generally higher risk, they get financed at a lower price. That sets the stage for Life Changing Wins--if and when they hit their target.

There’s still a lot of low hanging fruit—read: easy, big discoveries—out there in the world. The latest area to get investor attention is East Africa; specifically Kenya. Africa Oil (AOI-TSXv) jumped from $2-$11 last year after a big discovery in March 2012—and they have four high profile wells this year.

The international stock to watch in 2013 in East Africa is Taipan Resources (TPN-TSXv; $0.35) which has a big land position directly southeast of Africa Oil’s most active land block this year: Block 9.

This area is attracting a lot of capital right now. The industry is willing to pay Big Money to play here: Marathon Oil (MRO-NYSE) paid roughly $50 million to joint venture into Block 9.

Taipan shareholders get a free look at the surrounding geology in 2013—three wells are being drilled around them in the next six months. Two are to the north of Taipan—by Marathon/Africa Oil—and one is to the south, by another Canadian junior.

Any success on these three wells will give Taipan a big boost in valuation. It makes for a lot of near term catalysts for this fully funded junior.

At just under 10 million acres, they have the fourth largest acreage position in Kenya, all acquired at a very reasonable cost.



But The Big Prize is their Block 2B property. The western part of the block sits in the Anza Basin in east Kenya—one of the top rift plays in East Africa—Africa Oil’s/Tullow Oil (TLW-L) big discovery is a rift play, where the ground is slowly spreading apart over millions of years. It is north and south of Block 2B where three, maybe even four wells will get drilled in 2013--all of which could be catalysts for TPN.

On Block 2B, Taipan has two geological targets—the primary target is in the upper “Tertiary” zone. This is the same zone where Africa Oil hit. These are oil prone rocks.

What has the market excited about Taipan is that the thickness of the Tertiary aged section present on their acreage--between 9500 to 12,000 feet, or 2900 to 3800 metres. That could support a massive oil column. Tapping into something like that would make Taipan the best performing oil stock in 2013.

The secondary target is in the lower “Cretaceous” zone.

The first catalyst for Taipan could be a joint venture partner on Block 2B—it has the right address; Anza Basin rift play with large Tertiary formation. There is no more good acreage to stake in the Kenyan rift plays, so big companies have to joint venture into the land positions staked out by the early juniors like Taipan.

In the near term, there are three big wells that investors need to look at, when assessing the value of what Taipan is sitting on. First will be Africa Oil’s PaiPai well on Block 10A, which has already spud, and will likely announce first results in February 2013.

TPN could get a boost PaiPai hits, but it really is the least important however, as it’s targeting Cretaceous rock, and is farther away. Taipan thinks that Block 2B has oil potential in both types of rock, but they’re focused on the Tertiary with the larger potential payzone.

And before July 31, two other Cretaceous wells will be drilled just south of Block 2B by Vanoil (VLE-TSXv). With wells on either side, Taipan’s technical team will get a much better idea on geology and how to drill it later in 2013.

But the most important (geological) catalyst in 2013 for Taipan will be Africa Oil’s Kinyonga and Pundamilla wells—located in Block 9 just northwest of Taipan's block. Pundamilla is believed to be the largest play of AOI’s entire portfolio, while Kinyonga will be the first to be drilled which also has huge potential at stake.

Like Taipan, AOI is quite intrigued by the 9500 foot thick potential of the Tertiary rock in this part of Kenya. While both Pundamilla and Kinyonga have multiple targets, it’s what comes from the Tertiary that both Taipan and AOI will be most intrigued about.

The Tertiary potential on these Block 9 prospects are very, very big. Some have estimated that the Pundamilla well has the potential for 402 million barrels. This is FOUR TIMES the typical prospect size in the area. At 320 million barrels estimated, Kinyonga is also gigantic, making these two wells on Block 9 a monstrous pair if successful.

What both parties want to see is their assertion that the Tertiary rock is more oil-rich. Expect Taipan shareholders to be very happy if Kinyonga hits, and even happier if Pundamilla does as well. Kinyonga is the next on deck, and doesn’t get drilled until mid-late summer.

Taipan is sitting on top of a land block with a potential resource of a few hundred million barrels. The 9500-12500 foot thick target has the potential to be the crown jewel of the entire East African region, if it’s productive.

It’s hard to believe, but there are only 35 wells drilled onshore in total in Kenya, and only three of those have been drilled since the early 1990s—all of which have been discoveries. So, now that the code has been cracked on the type of plays to be drilled onshore, there is huge untapped potential in place.

It took a while for these onshore plays to gain attention, but seismic and drilling activity is at record pace now.

In total, Taipan has interests in 9.7 million acres (3.5 million net acres) between their Block 1 (20% WI) and Block 2B (100% WI), making them the fourth largest oil lease holder in Kenya. No other junior in the region even comes close to this.

Now, the majors are scrambling to gain a foothold in the region, but the quality oil prospects are all spoken for—great news for the early entrants like Taipan.

Taipan will drill its first well in late 2013, or early 2014. By then, drilling costs are expected to come down dramatically to around $12 million. Pipelines are being discussed , and almost all routes would be laid close to their Block 2B, adding to the value of that land.

A joint venture will cash up the company, and likely give it a carried interest on that first well.

Guiding Taipan through all this is CEO Max Birley, who has the discovery of nearly 2 billion barrels of oil equivalent to his name.

Birley has held high-level international roles with companies such as Marathon Oil, Premier Oil, in Africa and Asia.

Birley also lives in Kenya, which is a bonus for Taipan.

“I’m living in Nairobi (Kenya’s capital) so we can keep a very close eye on operations and obviously building a good relationship with the government,” says Birley.

Independent geological reports give Taipan over half a billion barrels of “prospective” resources right now.

Judging by the prices paid by third parties on other deals, the market is willing to pay a premium to acquire resources in Kenyan and other parts of East Africa. So even at this very early stage of exploration, the market is willing to pay an average of roughly $1.00 per prospective barrel.

Based on this, Canadian brokerage firm Mackie Research has a share price target of $1.02/fd share for Taipan on a risked basis, and $3.02/fd share unrisked.

Taipan also should be able to place much of this prospective resource into a more confident “contingent” resource, based on the drilling of the company and its neighbours, along with enhanced seismic operations.

Contingent resources in the region have averaged about $4.50 per barrel, so Mackie sees this as a potential blue-sky value of $3.85/fully diluted share on a risked basis and $12.95/fully diluted share unrisked.


That’s more than a 10-bagger from the current 35 cents; it’s the reason we invest in junior oil stocks. But a lot of work, and some luck need to happen to realize that kind of gain. However, Africa Oil has shown it can be done, and the market is now watching this play more than ever before.


Taipan Resources management has reviewed and sponsored this article.

Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[nicolani]

Taipan Resources management has reviewed and sponsored this article.

[motz1]

Wunderbar dass wir eine wichtige Stelle des Beitrags nun dreifach kenntlich gemacht haben...


Was imho nicht unerwähnt bleiben sollte, ist das heutige Volumen: Es wurden über 1,25 Mio Shares bei einem Kursanstieg von 17,65% auf 0,40CAD gehandelt. Das ist deutlich über der 10fachen Menge des durchschnittlichen Handelsvolumen der vergangenen 30 Tage.

SMB und VEL sind ebenfalls gestiegen heute, allerdings weniger spektakulär im Volumen.

Ich könnte mir mehrere Gründe für den Anstieg vorstellen, die erstgenannte halte ich allerdings für die unwahrscheinlichste:
- Alle Käufer die heute TPN gekauft haben taten das aufgrund des obigen Beitrags und weil sie den letzten Satz nicht gelesen haben.
- Das Farmout ist da
- Es werden gute News von PaiPai/AOI erwartet

Alles IMVHO.

[Resources]

Hallo motz1,

ich favorisiere Nr. 2 !

[nicolani]

ich bin klar für nr.3!

[motz1]

Antwort auf Beitrag Nr.: 44.080.416 von Resources am 30.01.13 08:50:37

Jap, das ist gut möglich, ist m.E. langsam an der Zeit. Das Volumen spricht imho dafür dass es was mit TPN direkt zu tun hat.
Laut dem Shareholders Letter aus November 2012 müsste es auch noch ein resource-estimate-Update geben, das ist aber für H1/13 angekündigt, von daher denke ich dass es das noch nicht ist (FTG ist auch noch nicht abgeschlossen).

"[...] We expect to provide an update to our resource estimates in the first half of next year after the seismic and gravity work has been integrated. It should also be noted that the current resource estimates for Block 2B were prepared prior to the oil discoveries that have occurred this year in Kenya. [...]"
http://www.taipanresources.com/pdf/2012-11-07%20President's%…


All zu lange kann es ja nicht mehr dauern bis wir erleuchtet werden

[Resources]

Denke ich auch, abwarten und Tee trinken, wir können es eh nicht herbei reden. Wie nicolani könnte ich aber auch mit Nr. 3 leben !!! .... und wenn wir noch länger spekulieren dann wird es Nr. 4, schon hundertmal erlebt !

[nicolani]

denke auch, dass wir kurz vor einem ausbruch stehen, bei aoi sieht's ähnlich aus!!

[motz1]

Antwort auf Beitrag Nr.: 44.053.932 von motz1 am 23.01.13 14:28:29

NR: PP

Scheinbar haben sie doch noch was vergessen...

-----------------------------------

Taipan Resources Inc. Announces $3,000,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2013) -
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to announce that the Company is proceeding with a non-brokered private placement to raise up to $3,000,000 through the issuance of up to 8,571,428 units ("Units") at a price of $0.35 per Unit. Each Unit will consist of one common share of the Company and one transferable share purchase warrant, with each warrant entitling the holder to purchase an additional common share of the Company for a period of five years at an exercise price of $0.50. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day.

Management of Taipan intends to subscribe for ten percent or more of the offering.

The Company may pay a finder's fee on all or a portion of the private placement. The Company intends to use the proceeds from the private placement for exploration expenditures and for general working capital purposes.
[...]

http://tmx.quotemedia.com/article.php?newsid=57690704&qm_sym…

[motz1]

East African Oil Goes Boom
By Prospecting News

In 1977 there were 1 million cars in China. Today there are 51 million. Mob scenes at Toyota dealerships in Beijing are evidence that this trend is not going away.

Global oil demand grew by 800,000 barrels a day in 2012 and is forecast to increase a million barrels a day for 2013.



The cheap easy oil is gone with the possible exception of East Africa, which is still largely unexplored by international oil companies.

“East Africa is one of the few remaining onshore under-explored regions of the world with proven hydrocarbon systems, enormous geological potential and vast amounts of exploration acreage held by relatively few companies,” states a recent Cormark Securities Report, “Tullow and Heritage’s billion barrel discovery in the Lake Albert basin of Uganda in 2007 have reignited exploration interest.”

Since the spring of 2012, Energy Analysts have shifted their interest to Kenya where Tullow Oil (TLW-LSE) and Africa Oil (AOI-TSX) announced that the jointly drilled Ngamia-1 well hit 100 meters of net play. AOI went from $250 million market cap to over $2.5 billion at the peak on the back of the Ngamia discovery.

Afren PLC (AFR-LSE), a U.K. based oil explorer has also surged amid speculation of positive imminent drilling results from its Paipai well in Kenya.

Exploration activity in Kenya has also created an updraft for Taipan Resources (TPN-TSX.V) an Africa-focused oil and gas exploration company with interests in 9.7 million acres (3.5 million net acres) of exploration acreage in Block 1 (20%) and Block 2B (100%) located onshore Kenya.



On January 13, 2013 Taipan began a 2D seismic data recording program. “The geological structures seen on the legacy seismic data are now better defined on the new data,” states CEO Max Birley, “We are able to predict different rock types on the new data and therefore high grade places for drilling.” Taipan anticipates acquiring 400 kilometers of 2D seismic data during Q1 2013.

The data from the survey will be processed in conjunction with the FTG survey and existing data to determine the location of Taipan’s first exploration well on Block 2B. Taipan expects to drill its first well on Block 2B in late 2013 or early 2014.

“The Anza Basin is one of the largest Tertiary-age rift-basins of the East African Rift system which contains multi-billion barrel oil discoveries,” stated Birley, “we continue to believe based on existing gravity, magnetic and seismic data that the ‘sweet spot’ of the Anza Basin is located on Block 2B.”

Birley, who lives full time in Kenya, has previously worked for Marathon Oil and Premier Oil in Africa and Asia. He has been a key player in the discovery of nearly 2 billion barrels of oil. Birley’s three decades of exploration and production experience has been land-based. This makes him a rare commodity, as most oil and gas management in East Africa has been focussed on off-shore development.

Recent geochemistry work completed by Taipan has demonstrated that there is Tertiary oil-prone source rock present in the Anza Basin in the region of Block 2B. “Tertiary is a recent geological time period from 2.65 million to 65 million years ago,” states Birley, “An oil prone source rock has organic matter that when buried deeply enough to be mature will produce oil.”

Taipan is receiving encouraging data from the activity of its neighbors. Recent share price history suggests that Taipan is being systematically de-risked by positive results in proximal areas of the Anza Basin.

Africa Oil and Marathon Oil (MYO-NYSE) are drilling the Kinyonga well in Q3, 2013 on Block 9 – the block beside Taipan’s Block 2B. This prospect is targeting best estimate prospective resources of over 300 million barrels. The Pundamilia prospect on Block 9 is even bigger and even closer to Taipan’s Block 2B. This prospect has a high estimate of prospective resources of 900 million barrels.

Taipan plans to drill late 2013 or early 2014.

Mackie Research has a share price target of $1.02 for Taipan (risked) and $3.02 (un-risked).
“Block 1 and Block 2B hold a combined net un-risked prospective resource of 530 million barrels of oil,” states Mackie Research, “With recent nearby drilling successes, subsequent to the initial resource estimate, and with the acquisition of new seismic data, we expect the prospective resource estimate will increase substantially.”
Mackie’s “blue-sky” upside with an exploration discovery is $12.95 per share.
Taipan’s Tertiary aged rock is estimated to be 2900 to 3800 metres thick. If the initial data is correct, and it supports a substantial oil column, it’s like finding a chunk of gold the size of a Winnebago.

Taipan is currently trading at .36 with a market capitalisation of $27 million.

http://prospectingnews.co.uk/east-african-oil-goes-boom/

[nicolani]

nächste woche kommen kaufkurse!!

[motz1]

Das PP wurde bereits am 13.02. -also innerhalb von 2 Wochen- geschlossen. Bemerkenswerter Zeitraum, 20% gingen ans Management (10% oder mehr waren angekündigt). Gut gemacht, wie ich finde.

-------------------------------

Taipan Resources Inc. Announces Closing of Private Placement

NAIROBI, KENYA--(Marketwire - Feb. 13, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to announce that the Company has completed a non-brokered private placement for gross proceeds of approximately $3,107,450 through the issuance of 8,878,425 units (the "Units") at a price of $0.35 per Unit (the "Private Placement"). Each Unit consists of one common share and one warrant exercisable into an additional common share at a price of $0.50 for a period of five years. Management of Taipan subscribed for approximately 20% of the Private Placement.

The Company intends to use the net proceeds of the Private Placement for exploration expenditures and working capital requirements. The Company may pay finders' fees on all or a portion of the Private Placement. All securities issued pursuant to the Private Placement are subject to a statutory hold period expiring on June 14, 2013.

http://tmx.quotemedia.com/article.php?newsid=58002560&qm_sym…

[motz1]

Es ist eine neue TPN-Präsi online:
http://www.taipanresources.com/pdf/2013-01-29-Taipan_Corpora…" target="_blank" rel="nofollow ugc noopener">
http://www.taipanresources.com/pdf/2013-01-29-Taipan_Corpora…


Zudem gibt es wieder Presse-Beiträge - wie lange TPN wohl noch als "Winzling" bezeichnet wird :

--------------

February 18, 2013

Early Results From Tullow's Twiga South Should Sweeten Farm-Out Talks For Kenyan Tiddlers Taipan Resources And Simba Energy

Early results from the Tullow Oil-operated Twiga South-1 well in Kenya's Lokichar Basin look encouraging, putting some fire power behind the ambitions of smaller explorers that have yet to drill in the country. Testing is still underway but two separate sands in the shallow Auwerwer formation have tested at a cumulative rate of 2,351 bpd of 37-degree API oil, and it seems reservoir quality in this formation is “significantly” better than expected. Two tests on the deep tight reservoir rock at the bottom of the Block 9 wildcat yielded sub-commercial flow rates but did confirm the presence of moveable oil.

Analyst Brian Gallagher of Investec said the “better than guided flow rates from Twiga South is an important step forward in defining the commercial potential of the Lochichar [sic] basin”. The analyst cautioned, however, “that overly simplistic inferences cannot be made to the basin and beyond.” Indeed, there is much more work to be done in these little explored lands, where Tullow holds more than 100,000 sq km of frontier acreage.

The better than expected result from the Auwerwer is encouraging as the partners prepare to test the basin-opening Ngamia discovery of last year, which lies 22 km to the south in Block 10BB. At least four flow tests are planned on the well. Less positive is the news from the Paipai-1 well, which has reached TD of 4,255 metres and has encountered light hydrocarbon shows in Lower Cretaceous sands. The next well to spud will be the Etuko-1 well in Block 10BB.

The amazing thing about the discoveries in the Lokichar Basin is that this is just one of more than ten Tertiary Rift Basins in Tullow's Kenya-Ethiopia acreage, each of which is similar in size to the Lake Albert Rift Basin in Uganda, where Tullow enjoyed a company-making run of success. The FTSE100 company has identified over 100 leads and prospects on the acreage and is aggressively chasing down the potential here, with three rigs and two seismic crews operational – it plans to step up this operational capacity as part of a multi-well drilling campaign in 2013.

Tullow is also drilling ahead in Ethiopia, where the Sabisa-1 well in the South Omo block was spudded in January. Tullow has 50 per cent with Vancouver's Africa Oil holding 30 per cent and Agriterra, which has agree to sell up to Marathon Oil, a signal of how the oil majors are now circling these frontier lands, holding 20 per cent. The Sabisa structure lies on a similar structural feature as Ngamia, along a major basinal fault trend although the Ethiopian block lies in a younger basin than the Lokichar: if Sabisa is successful it will open up a new sub-basin and extend the petroleum system to the north.

Keith Hill, president of Africa Oil, which recently raised C$232.5 million and has just been named the number one ranked company on the TSX Venture 50 in 2012 with a 342 per cent return over the course of the year on the back of the Kenyan oil discoveries, said success with Sabisa would derisk a large portion of the company's prospect inventory. “With our recent financing completed, we are well situated to execute one of the most exciting exploration campaigns in the world class East African play fairway," he said.

And to the east of Africa Oil's Block 9. Although it lies in a separate hydrocarbon basin, it can't hurt the prospectivity to sit next door to the the first commercial oil flow in the country. This is particularly pertinent for Simba as it seeks to land a farm-in partner to accelerate exploration on its block. Analyst Barney Gray of Old Park Lane Capital in London said the news from Twiga South was “very positive sentiment” for Simba, “potentially elevating the farm-out potential of Simba’s acreage”.

Another to welcome the Twiga South breakthrough will be Taipan Resources, which is currently shooting 2D seismic over Block 2B in the Anza Basin. The TSX-Venture-quoted company, which used to be known as Lion Petroleum, expects to spud its first well in late 2013 or early 2014. It too is seeking to secure a farm-in partner. Taipan CEO Maxwell Birley said existing gravity, magnetic and seismic data indicated that Block 2B lies in the “sweet spot” of the Anza Basin.

These are exciting times in Kenya and Ethiopia, with Tullow's drilling campaign being carefully watched by many in the industry not least the tiddlers hoping to capitalise on their first mover advantage as Tullow blazes the trail.

http://oilbarrel.com/news/early-results-from-tullows-twiga-s…

.............

3 East African Oil Companies to Consider
Wednesday February 20, 2013, 4:15am PST
By Adam Currie - Exclusive to Oil Investing News

Exploration companies are constantly on the lookout for new and unexplored oil potential, and many are now venturing to less traditional hunting grounds to tap the next groundbreaking play.

While most of the world’s “cheap easy” oil has already been discovered, Africa remains largely unexplored and boasts high potential.

However, that is not the case for the entire continent, as is highlighted by an African Development Bank Group report, which points out that although new resources are discovered progressively, they are not equally distributed; 38 out of 53 African countries are currently net oil importers.

One of the few remaining underexplored regions
“East Africa is one of the few remaining onshore under-explored regions of the world with proven hydrocarbon systems, enormous geological potential, and vast amounts of exploration acreage held by relatively few companies,” states a Cormark Securities Report published in 2011.

This idea is also underlined in The Global Race for African Oil, a recent Casey Research report that forecasts that East Africa will be the world’s most important energy producer in 2040, at which time “trillions of dollars will be pumped in in exchange for its natural resources.”

In the report, the firm describes how geologically, East Africa has not been widely explored until now as it is a regarded as a more complex system than West Africa. Today, the East African Rift system is the largest continental rift system in the world and extends some 3,500 kilometers through Somalia, Kenya, Uganda, Rwanda, Burundi, Tanzania and Mozambique. The Casey report adds that if this area were combined, the potential areas for oil production would be “several magnitudes larger than the entire North Sea,” which currently produces one-third of Europe’s oil and gas.

A new find
The region attracted little notice as recently as 2006, when it was not even a discussion point regarding future energy potential. All of that changed in 2007, when Heritage Oil (LSE:HOIL) and Tullow Oil (LSE:TLW) announced a 1-billion-barrel discovery in Lake Albert, Uganda. Since this find was unearthed, a number of East Africa-focused explorers have reported major discoveries every year.

“In the space of a few years, East Africa has become a feeding ground for most of the world’s oil majors, which have sniffed our resources of oil and gas on a truly gargantuan scale,” wrote Malcolm Graham-Wood, an oil analyst at VSA Capital, in a note to clients.

Here are three East Africa-focused explorers that investors should have their eyes on.

Africa Oil: East African Rift basin
Africa Oil (TSXV:AOI) is a Canadian oil and gas exploration company with assets in Kenya, Ethiopia, Mali and Puntland (Somalia). The company is exploring in the East African Rift basin, and has both operated and non-operated blocks as well as an underexplored proven petroleum system.

The company had a phenomenal run in the markets last year after announcing several new oil discoveries, starting with the Ngamia-1 well in Kenya where the company encountered over 20 meters of net oil pay. On the back of the Ngamia discovery, Africa Oil went from having a $250-million market cap to over $2.5 billion at its peak, ending the year as one of the top 10 performing junior oil and gas companies of 2012.

In November, it announced a second significant Kenyan oil discovery at the Twiga South-1 well, where it encountered 30 meters of net oil play in tertiary sandstone reservoirs. Earlier this month, the company achieved the number one ranking on the TSX Venture 50 for 2012.

Taipan Resources: Kenya
Increased activity in the region lately has created upward market momentum for Taipan Resources (TSXV:TPN), an Africa-focused oil and gas exploration company with interests in 9.7 million acres of exploration acreage in Block 1 and Block 2B, located onshore in Kenya. The company’s land position makes it the fourth-largest oil leaseholder in the country, with no other junior even coming close to the amount of land it holds.

Last month, Taipan began recording 2D seismic data with the expectation of amassing 400 kilometers of seismic data during the first quarter of 2013. This data will be processed in conjunction with existing data as well as a full tensor gradient survey to determine the location of Taipan’s first exploration well on Block 2B. The company expects to drill its first well on Block 2B later this year or early in 2014.

“The Anza Basin is one of the largest Tertiary-age rift-basins of the East African Rift system which contains multi-billion barrel oil discoveries,” CEO Maxwell Birley said in the news release. “We continue to believe based on existing gravity, magnetic and seismic data that the ‘sweet spot’ of the Anza Basin is located on Block 2B.”

With Taipan benefiting from neighboring companies’ positive results, some analysts are of the impression that it is being systematically derisked. Shares of the company surged in December after Mackie Research initiated coverage of the firm, noting, “Block 1 and Block 2B hold a combined net un-risked prospective resource of 530 million barrels of oil. With recent nearby drilling successes, subsequent to the initial resource estimate, and with the acquisition of new seismic data, we expect the prospective resource estimate will increase substantially.”

“We believe the potential exists for significant share price appreciation once Taipan secures a farm-out partner and we see significant additional upside if a carried exploration campaign results in a new pool discovery,” the firm also stated.

Comparing Taipan to other juniors in the region, Mackie placed the value of its prospective resources at $1.02/share (risked) and $3.02/share (unrisked). “With drilling success and the conversion of prospective resources into contingent reserves, we see a potential Blue-sky value of Taipan of $3.95/fd share on a risked basis and $12.95/fd share un-risked,” it concluded.
[...]

http://resourceinvestingnews.com/50675-3-east-african-oil-pl…

[NABroker]

Auch Mal mit ner kleineren Position rein, mal schauen, was es wird

[motz1]

Hallo @NABroker, viel Erfolg mit TPN!

Die 2D Seismic ist mittlerweile "im Kasten", jetzt läuft noch die FTG...

..........

Taipan Resources Inc. Announces Completion of 2D Seismic Data Survey and Commences Ftg Survey on Block 2B Onshore Kenya

NAIROBI, KENYA--(Marketwire - March 20, 2013) - Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to announce that 439 km of 2D seismic data has been acquired for Block 2B, onshore Kenya, by the 13th March 2013, above the commitment of 400 km. The BGP seismic crew has been demobilized and is expected to return to the area later on in the year to acquire additional 2D seismic data.

Taipan Resources Inc. is also pleased to announce that the FTG survey being acquired by ARKeX on Block 2B commenced on March 13th, 2013. The FTG survey is expected to be completed in April 2013 and is the last work required to complete the committed work program on Block 2B during the Initial Exploration Period. On completion of the Initial Exploration Period, Taipan expects to enter the First Additional Exploration Period which has a term of two years.

Taipan expects to drill its first well on Block 2B in early 2014.

Mr. Maxwell Birley CEO commented, "The Anza Basin is one of the largest Tertiary-age rift-basins of the East African Rift system which contains multi-billion barrel oil discoveries. We continue to believe based on existing gravity, magnetic and seismic data that the most attractive area of the Anza Basin is located on Block 2B. Recent proprietary geochemistry work completed by Taipan also demonstrates that there is excellent quality Tertiary oil-prone source rock present in the Anza Basin in the region of Block 2B. Initial stack 2D seismic data on Block 2B also looks very encouraging."
[...]
http://web.tmxmoney.com/article.php?newsid=58887488&qm_symbo…" target="_blank" rel="nofollow ugc noopener">
http://web.tmxmoney.com/article.php?newsid=58887488&qm_symbo…

[motz1]

TPN hat seine MD&A veröffentlicht: http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0002…

Hier geht es zur Übersichtsseite zu den weiteren Unterlagen: http://www.taipanresources.com/investors-AGM-materials.html.


Aus der MD&A geht hervor, dass das Farmout nun in Q2 erwartet wird:

.............

"[...]
4. OUTLOOK
Following the completion of the amalgamation with Lion, Taipan has a significant onshore acreage holding in East
Africa of 39,588 square kilometres or 9.77 million acres. The region has seen growing exploration activity in recent
years and a number of exciting oil and gas discoveries have been announced. A report produced by Sproule
Associates Limited identified estimated net un-risked prospective resources of approximately 378 million barrels of oil
equivalent in Block 2B whilst Taipan’s share of gross un-risked prospective resources reported by the operator of
Block 1 is 143 million barrels of oil equivalent. Both blocks are located in Kenya making Taipan one of the largest
acreage holders.
Taipan, as operator of Block 2B in which it currently holds a 100% interest, commenced the acquisition of 2D seismic
data in January 2013 with a program of 439 kilometres being completed during March 2013. The Company has also
contracted ARKeX to acquire an 11,750 kilometre regional and detailed Full Tensor Gravity survey. The plane
arrived in Kenya on February 18, 2013 and the survey is expected to complete in early April 2013.
Taipan announced the commencement of a farm-out process for Block 2B in October 2012 and is currently in
discussions with a number of potential farm-in partners. The Company expects to announce a definitive farm-out
agreement during Q2, 2013 subject to the approval of the government of Kenya. Taipan’s 100% current holding is
expected to enable it to reduce its expenditure commitments whilst still retaining a significant share in the upside
potential of the block.
In Block 1 the Operator has completed the acquisition of 1,900 kilometres of seismic data. The data will now be
processed and then used to identify future drilling targets.
[...]"

[nicolani]

Taipan Resources Inc. Announces Completion of FTG Survey on Block 2B Onshore Kenya

Taipan Resources Inc. (TSX.V:TPN) (“Taipan” or the “Company”) is pleased to announce that the block wide full tensor gradiometry survey (FTG) on Block 2B in Kenya has been completed.

With the completion of the FTG survey and recent 439 km 2D seismic survey, Taipan has completed the work program for the Initial Exploration Period on Block 2B. The First Additional Exploration Period for Block 2B commences on June 2, 2013 with a term of two years.

Mr. Maxwell Birley CEO commented, “The initial results of the 2D seismic and FTG data acquired on Block 2B look very encouraging. The Anza Basin is one of the largest Tertiary-age rift-basins of the East African Rift system which contains multi-billion barrel oil discoveries. We continue to believe based on gravity, magnetic and seismic data that the most attractive area of the Anza Basin is located on Block 2B. Recent proprietary geochemistry work completed by Taipan also demonstrates that there is excellent quality Tertiary oil-prone source rock present in the Anza Basin in the region of Block 2B.”

[motz1]

Thx @Nicolani für das FTG-Update, damit dürfte TPN nun die Möglichkeit haben den maximalen Farmout-Preis zu erzielen. Mal sehen was sie daraus machen...

Hier gibt es noch einen neuen Artikel:

..................

Taipan Resources Hits Milestone in African Oil Basin
By Resource News Report

On April 18, 2013, Taipan Resources (TPN-TSX.V) announced completion of the block-wide Full Tensor Gradiometry survey (FTG) on Block 2B in Kenya.

Block 2B is part of the Anza Basin which is one of the largest Tertiary-age rift-basins of the East African Rift system, containing multi-billion barrel oil discoveries.

Mr. Maxwell Birley, TPN CEO commented, “The initial results of the 2D seismic and FTG data acquired on Block 2B look very encouraging”. Birley is an on-shore drilling specialist who lives full time in Kenya and has been a key player in the discovery of nearly 2 billion barrels of oil.



With the completion of the FTG survey and recent 439 km 2D seismic survey, Taipan has achieved a significant milestone ahead of schedule. The First Additional Exploration Period for Block 2B commences on June 2, 2013 with a term of two years.

Taipan’s Kenya neighbours also continue to progress. Africa Oil (AOI-TSX.V) has completed the first of six drill stem tests at the Ngamia-1 well. The well flowed 281 barrels of 30 degree API oil per day.

The remaining 5 tests will be conducted in the highest quality reservoirs penetrated in the Ngamia well and which produced well in tests at the Twiga South-1 well. Results of these remaining Ngamia tests are expected to be announced by early June. The Ngamia-1 well is located in Block 10BB in Kenya.

Another significant catalyst for Taipan is the Q3, 2013 spudding of Bahasi-1 exploration well (formerly Kinyonga) in Block 9, which is adjacent to Taipan’s Block 2B. The Bahasi prospect has a best case resource estimate of 320 million barrels. A successful well would significantly de-risk Taipan.

Africa Oil CEO Keith Hill commented, “We remain convinced that we have only just begun to unlock the potential of what may be one of the largest new oil basins to be opened in recent times.”

Taipan has interests in 9.7 million gross oil and gas exploration acres (39,588 km2) in Block 1 (20%) and Block 2B (100%) onshore Kenya.



Mr. Maxwell Birley CEO states, “Recent proprietary geochemistry work completed by Taipan demonstrates that there is excellent quality Tertiary oil-prone source rock present in the Anza Basin in the region of Block 2B.”

For Taipan shareholders the mantra is: “Follow the Oil” – “Follow the Money”.

TPN has total net unrisked prospective resources of 530 million barrels. In the last 2 years, hundreds of millions of dollars of exploration money has flowed into this largely unexplored part of Africa. Kenya is the new global exploration hot-spot for onshore discoveries.

Mackie Research has a SPECULATIVE BUY recommendation and .90 share target price for TPN. That’s about 450% higher than the current share price.

“Taipan provides investors with exposure to high-impact conventional oil plays located onshore within Kenya’s hot rift basin play,” states a recent Mackie Research Report, “We believe the potential exists for significant share price appreciation once Taipan secures a farm-out partner and we see significant additional upside if a carried exploration campaign results in a new pool discovery.”

Short Term Catalysts:
◾Definitive farm-out agreement for Block 2B (Q2/13)
◾Production test results of the Auwerwer reservoir in the Ngamia-1 well (June 2013)
◾Results of the Bahasi-1 exploration well on Block 9, offsetting Block 2B (Q3/13)
◾Drilling results of the El Kuran prospect in Ethiopia located to the north of Block 1(20% W.I.). – Q3/13
◾Completion of the FTG survey on Block 2B (April 2013).

“Taipan believes that the sweet spot of the Anza Basin is located on Block 2B,” states the Mackie Report, “The company is in discussions with several companies that are considering farming into the block We expect the farm-out terms will include compensation for Taipan’s back costs, funding of additional seismic, and a carry on the cost of drilling and testing of future exploration wells.”

Global oil demand grew by 800,000 barrels a day in 2012 and is forecast to increase a million barrels a day for 2013.

The cheap easy oil is gone with the exception of East Africa, which is still largely unexplored by international oil companies.

“East Africa is one of the few remaining onshore under-explored regions of the world with proven hydrocarbon systems, enormous geological potential and vast amounts of exploration acreage held by relatively few companies,” states a recent 2012 Cormark Securities Report.

Taipan’s FTG technology employed in Block 2B defines shapes associated with density contrasts. The bigger the contrast, the better the definition. It has proven useful in rift valley exploration, especially in East Africa due to the contrast between the basement and sediment cover. These contrasts reveal the architecture of the sub-surface oil and gas drill targets.

Tullow used FTG in Uganda and Tullow/Africa Oil used FTG in Kenya in similar Tertiary plays to make multi-billion barrel discoveries.

Taipan is currently trading at .19 with a market capitalisation of $16 million.

http://www.resourcenewsreport.com/taipan-resources-hits-mile…

[VodkaLemon]

geht aufwärts unter geringen umsätzen evtl. nur eine korrektur ... seit donnerstag eingestigen aber leider wurde nur die hälfte meiner order zu 0,20 CAD bedient

[VodkaLemon]

Antwort auf Beitrag Nr.: 44.554.847 von VodkaLemon am 02.05.13 16:21:44

hm mal ebenso um die knappe 50% ins plus gelaufen kurzzeitig ... wie gesagt ohne news und nur geringe umsätze

[VodkaLemon]

Antwort auf Beitrag Nr.: 44.554.847 von VodkaLemon am 02.05.13 16:21:44

äh sorry meinte dienstag nicht donnerstag ... umsätze jetzt doch etwas angestiegen ... vll. news im anmarsch

[VodkaLemon]

auf sh gefunden :

http://thehydrocarbon.com/2013/04/29/time-running-out-to-gra…

[VodkaLemon]

neue präsentation online :

http://www.taipanresources.com/pdf/Corporate-Presentation-Ma…

[VodkaLemon]

50% plus in ner woche ... das farm out rückt immer näher ... aus sh :

http://www.taipanresources.com/pdf/Corporate-Presentation-Ma…
Guys some more highlights from the New Corporate Presentation - Farm out only a matter of time now
Slide 22: 4 Big Pearls (oil prospects) along the Lagh-Bogal Fault - analogous to Ngamia and Twiga South 1 discoveries (shown at the same scale)
Slide 23: Huge Tertiary section in Block 2B actually gets thicker towards the bounding fault which acts as a trap.
Slide 24: Huge sands and shales visible - look much bigger than Ngamia's. The New advanced 560 fold 2D seismic is clearly better than the standard 60-120 fold traditional seismic.
Slide 26: Tilted Fault Block plays also visible in 2B
Slide 31: Management believe Farm Out Agreement will be concluded shortly
Slide 5: Management expects to announce a definitive agreement!
Get into this stock if you want to treble your money in the next few weeks. (Before the institutions start buying in on the Farm Out surpassing market cap criteria. And when the Farm Out happens - don't give your shares to them too cheaply!

Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[nicolani]

auf jeden fall wird das ding hochgeschossen!

[VodkaLemon]

glänzende aussichten kommen hier auf uns zu !

Taipan Resources Inc. Shareholders' Letter and Operational Update from CEO, Max Birley, Nairobi Kenya
Press Release: Taipan Resources Inc. – 50 minutes ago

http://finance.yahoo.com/news/taipan-resources-inc-sharehold…

NAIROBI, KENYA--(Marketwired - May 8, 2013) - Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to provide the shareholders' letter and operational update below from CEO Max Birley, Nairobi Kenya.
Taipan finds its own "string of pearls" on Block 2B
Dear Fellow Shareholder,
It has now been 5 months since I last wrote to you back in November 2012. At that time we had only been in control of the Kenyan assets for 3 months. As we have recently completed the work program for the Initial Exploration Period on Block 2B, I thought it was time to update you on what has been occurring in Kenya from an exploration point of view, and in particular what Taipan Resources has undertaken operationally on our blocks.
We have recently updated our corporate presentation on our website www.taipanresources.com. It can be found under the Investors Information tab. You may wish to refer to it in conjunction with this letter as I try to explain in some detail why we believe that our acreage is indeed a "pearl" of exploration acreage of Kenya.
1.0 Regional Hydrocarbon Update
Tertiary oil now discovered in 3 basins, Albertine, Lokichar and Turkana.
The two Tullow Tertiary discoveries in Kenya now confirmed by testing. Twiga has 5,200 bopd ("barrels of oil per day") potential.
As you are aware, in March 2012 Tullow Oil and Africa Oil announced that they had discovered oil in the Tertiary sandstones in the Ngamia-1 well. When I last wrote, they were still drilling the South Twiga exploration well. The South Twiga well was located on a look-a-like structure to the north of the Ngamia well. Both wells are located on what is referred to as the "string of pearls". This is a series of prospects located on tread with each other associated with the main basin bounding fault. Since then, both wells have been tested and have flowed oil in commercial quantities. South Twiga flowed at a cumulative rate of 2,812 bopd of 37 degrees API oil and has potential, according to Tullow, of 5,200 bopd. Ngamia was recently tested and from one zone has produced 281 bopd of 30 degrees API oil. With five other upper zones still to be tested, these wells already prove that Kenya has a commercial petroleum system.
Figure 1 Shows the location of the recent discoveries and the oil bearing Tertiary basins of Uganda, Kenya and now Ethiopia: http://media3.marketwire.com/docs/tpn-0508-Figure-1.pdf.
Two further onshore wells drilled by Tullow have good oil shows and extend the trends into the Turkana Basin of Ethiopia and the Anza Basin
The Sabisa exploration well, which is currently being drilled by Tullow in Ethiopia, has reported oil in the Tertiary. This well proves up the northward extension of the Tertiary petroleum system into Ethiopia. This is a very significant well for Taipan as the Turkana basin in Ethiopia is separate from the Lokichar Basin of Kenya and the Albertine Basin of Uganda, and proves that conditions exist in the three basins to produce oil. The distance between the Sabisa and the Ngamia well is approximately 300 kilometers and from the wells of the Albertine Basin approximately 500 kilometers. This demonstrates that these Tertiary petroleum systems exist over regional distances. This has proved to be a very positive sign for the occurrence of oil in the other Tertiary basins in the region particularly the Anza Basin. Tullow has reported oil in the Sabisa well and it is currently being sidetracked due to drilling difficulties.
Taipan's Block 2B is located at the southern end of the Tertiary Anza Basin. The Anza has all the same play elements found in the other three successful Tertiary basins. The Hothori well, which was drilled in the western portion of Block 2B in 1989 proved 9,500 ft of Tertiary section. Down dip from the well, there is 12,000 to 15,000 ft of Tertiary rocks adjacent to the main bounding fault in a similar structural configuration to the Ngamia, Twiga and Sabisa discoveries.
Figure 2 Shows the similarity between the structures on Block 2B (left panel) and the South Twiga discovery (right panel): http://media3.marketwire.com/docs/tpn-0508-Figure-2.pdf.
I have enclosed above seismic lines from Twiga South and our block to demonstrate that the same structural elements exist on Block 2B. In the corporate presentation, we refer to the similarity of the structures on Block 2B and Ngamia and Sabisa as well.
I am also enclosing a comparison of equivalent maps in Figure 3 that show the existence of a "string of pearls" of the same order of magnitude present on Block 2B located against the main bounding fault.
Now that oil has been discovered in the Albertine (Uganda), Lokichar (Kenya) and Turkana (Ethiopia) Basins, the likelihood of finding oil in the Tertiary of the Anza Basin has been significantly increased.
Figure 3 Comparison of structures left Block 2B right Tullow Blocks: http://media3.marketwire.com/docs/tpn-0508-Figure-3.pdf.
The Paipai exploration well (Tullow/ AOC) was drilled in the north western end of the Anza Basin where the Tertiary is thin and has little potential, as it is not buried deeply enough. The well was drilled on a large Cretaceous and Jurassic structural prospect. The well encountered 180 ft of sand and reportedly had light oil shows and wet gas shows in the Cretaceous. The Anza Basin is an extension of the prolific oil producing Melut and Muglad basin of South Sudan. The same Cretaceous rocks have been proved to extend at depth into Block 2B, and we do have a series of deeper Cretaceous prospects and leads that will be tested in due course. However, our focus is on the Tertiary fault-bounded prospects discovered so far. The Paipai well could not be tested because of the lack of suitable testing equipment due to high pressures. It is believed that the well will be tested in the future.
Excellent Tertiary source rocks are most likely to be present on Block 2B
It is not enough just to have similar structures, if you are going to find oil. We must also have similar oil-prone source and sealing rocks in the basin. Taipan have now carried out some geochemical studies of the region and has found good evidence that the source rocks that are present in the Lokichar Basin that generated the oils in the Ngamia and Twiga discoveries are of broadly the equivalent age and type to source rocks found to the south of Block 2B. It is thought from the geochemical modeling, that these same source horizons will likely be present and mature for oil around the many drillable structures adjacent to the main basin-bounding fault on Block 2B.
Figure 4 Seismic lines with the results of the 1D geochemical modeling overlain to show that the prospective Miocene Tertiary section is in the oil window on Block 2B: http://media3.marketwire.com/docs/tpn-0508-Figure-4.pdf.
2.0 Operational Update
What has been achieved since assuming operatorship? "Taipan undertakes 3 years' work in 8 months"
Block 2B is owned by Taipan's wholly owned subsidiary, Lion Petroleum Corp. The Block is 7,806 km2, which is equivalent to 1.9 million acres. We are in the final few months of the Initial Exploration Period of the Production Sharing Contract (PSC). This period ends on the 1st June 2013 by which time we will make a 30% relinquishment of the block. The work program and minimum financial expenditure for this period included the acquisition of 400 kilometers of seismic data and the acquisition of a block wide Full Tensor Gradiometry survey (FTG) for a cost of $6.5 million. The work and financial commitments for this period have all been met or exceeded within a very short period of time.
The acquisition of 439 kilometers of 2D seismic data on Block 2B commenced on the 13th of January and was completed on the 13th of March 2013. The cost for the 560 fold data (highest fold data to be acquired to date in Kenya) was $12,500 per kilometer and has set a new benchmark for other companies to follow in terms of cost and data quality. We are very proud that the survey was acquired without any downtime due to local community issues or any recordable HSE incidents. The whole dataset from the crew was fully processed to pre-stack time migrations within 14 days of the last data point being acquired.
Figure 5 Pictures from the 2D seismic survey of a seismic vibrator and up-hole drilling rig: http://media3.marketwire.com/docs/tpn-0508-Figure-5.pdf.
The 12,713 km "block wide" FTG survey was recorded by ArkeX Ltd. during March and April. Similarly, the data has been processed and interpretations are already ongoing.
Based on the interpretation of the newly acquired data, the board of Taipan has decided to execute the option to enter into the First Additional Exploration Period and extend the PSC for a further 2 years commencing 2nd June 2013. There is a final option to extend the PSC for a further 2 years into the "Second Additional Exploration Period" commencing 2nd June 2015. We have begun early stage well planning and design work, and expect to drill, dependent upon rig availability, an exploration well on Block 2B in early 2014.
Figure 6 FTG survey acquisition plan and processing results: http://media3.marketwire.com/docs/tpn-0508-Figure-6.pdf.
What is going to happen in the near future to add additional value to your company?
"Five wells to be drilled in blocks contiguous or close to Block 2B within the next 9 months"
The next 12-24 months will see several industry players drill blocks in and around Kenya creating much interest and speculation. An overview regional map of the future drilling is included in the Corporate Presentation.
Contiguous to Taipan's Block 2B, on Block 9 Africa Oil and Marathon Oil plan to drill the Bahasi-1 (Q3 2013) and possibly the Sala-1 prospect, with Tertiary and Cretaceous targets. These are large prospects with most likely gross oil prospective resources of 320 and 402 mmbbls respectively.
Figure 7 Location of the Bahasi and Sala prospects on block 9 and the prospects & leads on Block 2B directly on trend: http://media3.marketwire.com/docs/tpn-0508-Figure-7.pdf.
Based on wells, gravity, magnetic and seismic data we can see that the Tertiary trends that exist in the Albertine, Lokichar and Turkana Basins extend onto Block 9 and the potentially most-prospective part of this Tertiary basin occurs in Block 2B.
We believe that the "sweet spot" of the Anza Basin with its own "string of pearls" is located on our block. It is denoted by the purple outline color in Figure 8.
Vanoil, which operates Block 3A and Block 3B contiguous to the south of Block 2B, has a commitment to drill 2 exploration wells in 2013. Drilling is due to commence on the first well in July this year, and both wells should take 5 months to drill. Based on our understanding of the blocks, the prospects are mainly Cretaceous in age as the Tertiary is not deep enough on Block 3A and Block 3B to be mature for oil generation. You can see from Figure 4, that the blue color that indicates Tertiary sediments is replaced by the greens of the Cretaceous sediments on Block 3A.
NewAge will drill the 2,300m El Kuran appraisal well in June 2013. The well, which is located in Ethiopia, is approximately 100 kms from the north-eastern boundary of Block 1 in which Taipan has a 20% interest. This well is expected to take 45 days to drill. The Jurassic carbonate reef play has a prospective resource estimate of 1.3 billion barrels of oil.
Afren also has a commitment to drill in Block 1 (north of Block 2B) and the well will be spudded in 2014 at the latest.
Figure 8 Gravity map of the Anza Basin: http://media3.marketwire.com/docs/tpn-0508-Figure-8.pdf.
Expected Increase in Block 2B estimate of Prospective Resources
Sproule, in their (NI 51-101) report dated October 2012, certified that there were 328 million barrels of unrisked prospective resources on Block 2B. Based on the new seismic and FTG gravity data, management is expecting this estimate to be upwardly revised. We expect the new resource certification to be issued by July-August of this year.
Block 1 Summary
Taipan has a 20% interest Block 1. Afren, the operator of Block 1, completed the acquisition of 1,900 kms of seismic data with BGP in early 2013. The data is being processed and interpreted prior to selecting a drilling location.
3.0 Commercial Update
Farm-out of Block 2B
In October last year, we commenced a farm-out process for Taipan's 100% interest in the wholly-owned Block 2B. As previously stated, we plan to farm out up to 50% of our interest in the block. The aim is to bring in an industry partner that will be expected to take an active technical interest to the work, in addition to carrying our costs through the exploration work program going forward. All we can say at this time is that we are currently engaged in various levels of discussion with a number of potential farm-in partners, and we expect to announce a definitive farm-out agreement during Q2, 2013.
$3.0 million private placement
On the 31st of January Taipan announced that it was going to the market to raise $3.0 million to fund existing operations. The raise was subsequently oversubscribed and by late February we had secured approximately $3.5 million. Not only did we broaden our shareholder base, but we also attracted into Taipan some new institutional investors. Taipan's management bought 21% of the financing.
Catalysts for value creation for the remainder of the year
As I have earlier discussed, we believe Block 2B to be highly prospective acreage. The fact that oil in commercial quantities has been discovered in the Albertine and Lokichar Tertiary Basins, and that oil has also been discovered in the Turkana Basin, has significantly increased the chances of a major oil strike in the Tertiary part of the Anza Basin.
As part of our journey to prove this, we are going to see the following value adding activities occur in the near future. These include:
Entering into the First Additional Exploration phase of the PSC (additional 2 years)
Re-certification and increase to Taipan's resource estimate on Block 2B
Farm-out of Block 2B
Drilling of 5 high impact exploration wells on acreage contiguous or close to Taipan's Blocks.
Drilling of an exploration well on "an Ngamia, Twiga, Sabisa look-alike" prospect on Block 2B
We will continue to keep you updated on our progress, and also invite you to visit Taipan's website for news on developments relating to the Company throughout East Africa.
Finally, we wish to thank you for the confidence you have entrusted in the Taipan Management Team and Board of Directors, and assure you of our commitment to responsibly building sustainable shareholder value.
Sincerely,
Maxwell Birley, Chief Executive Officer

quelle : http://finance.yahoo.com/news/taipan-resources-inc-sharehold…

[nicolani]

http://www.kincommunications.com/clients/taipanresources/pre…

[VodkaLemon]

Taipan to Host Conference Call Tuesday, May 28

NAIROBI, KENYA--(Marketwired - May 27, 2013) - Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to announce that it will be conducting a conference call on its Block 2B prospects in NE Kenya's Anza Basin. The call will be held on Tuesday, May 28th at 7:00am PST (10:00am EST / 3:00pm BST) and take a closer look at the similarities between Block 2B and the Twiga / Ngamia Discoveries made by Tullow Oil Plc.
Management would like callers to refer to their corporate presentation, which is available at http://www.taipanresources.com/investors-corporate-presentat…
Conference Call Details are as follows:
Tuesday May 28th 2013 at 10:00AM EST / 3:00PM BST.
North American Participants Dial: 416-641-6117 or Toll Free 866-223-7781
International Participants Dial: 1-800-6578-9898
The conference call will also be hosted live via Cisco Webex, available for download free of charge at www.webex.com. After downloading the software, a personal link to the presentation can be requested by emailing [e-mail]. The Webex presentation will be open 30 minutes before the scheduled start time.
The call will be available for playback afterwards, and can be obtained by contacting Investor Relations at 604-684-6730 or by emailing [e-mail].

http://finance.yahoo.com/news/taipan-host-conference-call-tu…

[nicolani]

tot gesagte leben länger! hurra wir leben noch!!

[nicolani]

höchstes volumen seit mai!! da kommt was!!

[VodkaLemon]

Antwort auf Beitrag Nr.: 45.598.345 von nicolani am 09.10.13 21:27:59

klar der farm in deal is längst überfällig ! wird auch langsam zeit dass man ihn bekannt gibt ... laut mackie research kursziel 0,90 $ ... vielleicht eine zweite africa oil hier auf längere sicht

[VodkaLemon]

leider noch nicht die erwartete news mit dem farm in aber immerhin man stockt das team hochgradig auf :

Taipan Resources Inc. Announces the Appointment of Paul Logan as Exploration Manager
MarketwiredPress Release: Taipan Resources Inc. – 1 hour 10 minutes ago
Email


NAIROBI, KENYA--(Marketwired - Oct 11, 2013) - Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to announce that the Company has appointed Mr. Paul Logan as Exploration Manager.
Mr. Logan was previously Chief Geologist at Heritage Oil Plc, where he was part of the team that discovered approximately 1.75 billion barrels of oil in Uganda on Blocks 1 and Block 3A in the Albert Basin of Uganda, and over 9 trillion cubic feet of natural gas at the Miran Gas Field in Kurdistan. In Uganda, Block 1 and Block 3A were operated by Heritage Oil Plc and the discoveries included the world-class Kingfisher, Warthog, and Buffalo-Giraffe fields where six discovery wells were drilled between 2006 and 2009 with 100% exploration success. Two of the wells on the Kingfisher Field tested at over 12,000 barrels of oil per day and the Buffalo-Giraffe Field is considered to be the largest onshore oil field to be discovered in Sub-Saharan Africa in more than two decades. In January 2010, Heritage announced the sale of its 50% interest in Blocks 1 and 3A in Uganda by its wholly owned subsidiary, Heritage Oil & Gas Limited, to Tullow Uganda Limited for US$1.45 billion.
Mr. Logan has over 36 years of experience in exploration with British Gas, Getty Oil, Hamilton Oil, BHP Billiton, and Heritage Oil Plc.
Mr. Maxwell Birley commented, "We are very pleased to have Paul joining the Taipan team. Paul's exploration success in Uganda is directly analogous to the Tertiary rift oil prospects that Taipan has on Block 2B and to the existing discoveries to date in Kenya. Paul's success and experience in Uganda will be invaluable to Taipan as the Company commences its drilling program on Block 2B."

http://finance.yahoo.com/news/taipan-resources-inc-announces…

[nicolani]

Antwort auf Beitrag Nr.: 45.608.443 von VodkaLemon am 11.10.13 09:13:35

scheint ja eine echte grösse zu sein, so was kommt immer gut an, mal sehen was der junge aus tpn macht, kurs hält sich heute sehr gut, bisher!

[nicolani]

VANCOUVER, Oct. 11, 2013 /CNW/ - The following issues have been halted by IIROC:

Company: Taipan Res Inc.

TSX-Venture Symbol: TPN

Reason: At the Request of the Company Pending News

Halt Time (ET): 2:59 PM

The Investment Industry Regulatory Organization of Canada (IIROC) can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC)

[VodkaLemon]

Antwort auf Beitrag Nr.: 45.614.971 von nicolani am 11.10.13 23:45:43

ich vermute der farm in deal wird bekannt gegeben ... montag is feiertag ... hochstwahrscheinlich dienstag vor eröffnung ... man darf gespannt sein !

[nicolani]

Antwort auf Beitrag Nr.: 45.616.497 von VodkaLemon am 12.10.13 15:29:37

ich gehe eher von einer KE aus!

[VodkaLemon]

Antwort auf Beitrag Nr.: 45.619.711 von nicolani am 13.10.13 19:57:11

eher unwahrscheinlich ... es wird das farm out sein ... kommt halt auf die ausgehandelten konitionen drauf an und wer der/die partner sein wird ... kann auch unter den erwartungen ausfallen , man soll sich nie zu früh freuen ... aber ich denke/hoffe es wird gut .

[motz1]

Kein Financing, nachdem sie Paul Logan (Ex-Heritage, Uganda) als COO verpflichtet haben war anzunehmen dass TPN Operator von 2B bleiben will. Dem ist nun auch so.


Das Farmout ging nun an Premier Oil, diese steigen mit 55% ein:

...........................

October 14, 2013 - PREMIER OIL PLC (Farm-in to Block 2B, Onshore Kenya)


PREMIER OIL PLC
(“Premier”)
Farm-in to Block 2B, Onshore Kenya
14 October 2013

Premier is pleased to announce that it has signed the farm-in for 55 per cent of Taipan Resources Inc (“Taipan”) licence interests in Block 2B, onshore Kenya. The block lies in the Southern Anza basin, a Cretaceous rift basin with proven source rock, and contains several prospects and leads. The Pearl prospect with the estimated gross mean prospective resource of 126 million barrels of oil (mmbbls) will be targeted by the initial well. The remaining lead inventory is capable of delivering in excess of 500mmbbls gross.

Under the agreement, Premier will pay Lion Petroleum Corp. (“Lion”), a wholly-owned Kenyan-based subsidiary of Taipan, back costs of US$ 1 million. Premier will also pay Taipan’s working interest share of the cost of drilling and testing the Pearl prospect and future costs on Block 2B up to a cap of US$ 13.275 million. Premier has the option to assume operatorship of any future development on the block.

Completion of the farmout is subject to satisfactory completion of financial audits and confirmation of the terms of the PSC from the Kenyan government.

Simon Lockett, Chief Executive, commented:

“We are delighted to have reached an agreement with Taipan and obtained acreage in the emerging onshore rift plays of East Africa. Rift basins are a core play for Premier and in this instance we have gained access to a play opening opportunity with meaningful follow on potential.”

Enquiries:
Premier Oil plc
Simon Lockett
Tony Durrant
Tel: [phone]

Pelham Bell Pottinger PR
Gavin Davis
Henry Lerwill
Tel: [phone]

http://www.taipanresources.com/news.html

...............

October 14, 2013 - TAIPAN RESOURCES INC. ANNOUNCES FARMOUT AGREEMENT WITH PREMIER OIL PLC FOR BLOCK 2B ONSHORE KENYA

Nairobi, Kenya – Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE: TPN), through its wholly-owned Kenya-based subsidiary Lion Petroleum Corp. (“Lion”) is pleased to announce the signing of a binding farmout agreement with Premier Oil Investments Limited (“Premier”), a subsidiary of Premier Oil plc (LSE: PMO) whereby Premier will acquire a 55% participating interest in Block 2B onshore Kenya. Taipan will retain a 45% interest in Block 2B.

The principal terms of the farmout agreement are as follows:
•Premier will pay Taipan’s working interest share of the cost of drilling and testing the Pearl-1 prospect and future costs on Block 2B up to a cap of US$ 13.275 million in addition to its working interest share of costs. The total work programme for the First Additional Exploration Period is estimated at $29.5 million.
•Premier will provide guarantees for the minimum work and expenditure obligations for the First Additional Exploration Period on Block 2B of US$13.0 million.
•Premier will pay Lion US$1 million as a reimbursement for back costs

Lion will retain operatorship of Block 2B during the exploration phase with Premier having the right to assume operatorship of any development.

Mr. Maxwell Birley CEO commented, “We look forward to working with Premier Oil, a company with a strong track record of exploration and development success. The Pearl-1 exploration well is targeting a Tertiary prospect similar to Tullow’s Ngamia, Twiga and Ekales discoveries. The Company also has multiple prospects similar to Tullow’s Eutko discovery. The Anza Basin is one of the largest Tertiary-age rift-basins of the East African Rift systems that together contain multi-billion barrel oil discoveries. We believe that the ‘sweet spot’ of the Anza Basin is located on Block 2B.”

Completion of the farmout is subject to certain legal conditions, financial audits and other approvals.

About Premier Oil plc

Premier Oil plc (LSE:PMO) is a leading FTSE 250 independent exploration and production company with interests in the North Sea, South East Asia, the Middle East, Africa, Pakistan and the Falkland Islands. Its portfolio of producing assets delivered production of 58,600 boepd in the first half of this year, and it has various projects in the development phase which should increase production to over 100,000 boepd in the medium-term. Premier became active in Kenya in 2011 with the signing of two PSCs for offshore exploration blocks L10A and L10B.

About Taipan Resources Inc.

Taipan Resources Inc. (TSX.V:TPN) is an independent, Africa-focused oil exploration company with interests in Block 1 and Block 2B onshore Kenya through its wholly owned subsidiary Lion Petroleum Corp.

After the farmout, Taipan will hold a 45% working interest in Block 2B (1.35 million acres / 5,464km2). The Company’s 20% working interest in Block 1 (5.497 million acres / 22,246 km2) is operated by East Africa Exploration (Kenya) Ltd, a subsidiary of Afren plc.

http://www.taipanresources.com/news.html

.........................

Zudem wurde die Corporate Presentation aktualisiert:

http://www.taipanresources.com/pdf/Corporate-Presentation-Ve…

[VodkaLemon]

Antwort auf Beitrag Nr.: 45.628.119 von motz1 am 15.10.13 09:55:53

wie erwartet guter deal ! auch der handel wird wieder aufgenommen ... mal gespannt wo die reise hingeht :

IIROC Trading Resumption - TPN
CNW GroupPress Release: Investment Industry Regulatory Organization of Canada (IIROC) – 3 minutes 1 second ago
Email


VANCOUVER , Oct. 15, 2013 /CNW/ - Trading resumes in:
Company: Taipan Resources Inc.
TSX-Venture Symbol: TPN
Resumption: 9:30 ET
The Investment Industry Regulatory Organization of Canada (IIROC) can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .
SOURCE Investment Industry Regulatory Organization of Canada (IIROC)

[nicolani]

schön, könnte einen kleinen schub auslösen, jedenfalls sollte dieser deal mit dieser personalie eine positive unternehmensentwicklung einschlagen! allen kurs auf!!

[VodkaLemon]

scheint wohl den meißten anlegen nicht so zu gefallen und es geht erstmal schwer bergab ... schade hätt ich nicht gedacht ... anscheinend weil nur ein well finanziert wird ... aktuell 0,34cad

[nicolani]

sell on good news, der anstieg vorher wird in aller regel abgestraft, hier muss man die nächsten tage mal abwarten, könnte sich sogar noch ein intraday-reversal einstellen, je nachdem wie die fachwelt heute noch wind bekommt!

[niki550525]

Antwort auf Beitrag Nr.: 45.631.143 von nicolani am 15.10.13 15:49:59

Seh ich auch so. Spekulanten haben vermutlich auf eine volle Übernahme spekuliert.
Der Wert ist Top und die Finanzierung steht.
Sollten die erwartenden Ergebnisse eintreffen, kann es ein verzehnfacher werden. Einziger beigeschmack ist, das es noch 1 Jahr dauern wird bis sie da sind.
Habe trotzdem soeben nachgekauft
Dies aus Fundamentalen Gründen. Charttechnisch hat die Unterstützung auf der MA(50) =0,30C$ gehalten und umgedreht.
Man(n) wird sehen.
Niki

PS: Somit habe ich einen zweiten Oil - Wert

[nicolani]

Antwort auf Beitrag Nr.: 45.631.365 von niki550525 am 15.10.13 16:10:52

der abverkauf sieht nicht schlecht aus, wahrscheinlich heute das höchste volumen in der unternehmensgeschichte, scheint sich auf dem niveau bei 0,32 cad zu stabilisieren(hier begann der anstieg), somit könnte es tatsächlich heute noch zum reversal kommen, einziger wermuths-tropfen sind die 55% an pmo, das gefällt nicht!

[niki550525]

Antwort auf Beitrag Nr.: 45.631.365 von niki550525 am 15.10.13 16:10:52

So der Abverkauf geht heute weiter.
MA 200 wurde heute bei 0,29 schon wieder getestet.
Charttechnisch sieht es folgendermaßen aus:
SAR wurde gestern beim Abverkauf getroffen und ist somit negativ
Slow STO ist gestern von oben durch die rote Linie und ist somit auch negativ.
MACD hat auch bereits gestern gedreht und bewegt sich auf die rote Linie zu, ist in ein , zwei Tagen auch negativ sein.
Tja, da werden wir erst einmal abwarten müssen bis sich die Wogen geklättet haben und die Vernunft eingekehrt ist
Grundsätzlich war das kein schlechter Deal. Ohne einen Partner hätte TPN keine Zukunft gehabt, da die Mittel für weitere Bohrungen Finanziell nicht abgesichert waren.
Denke das viele eher an einen Verkauf / Übernahme spekuliert hatten. Da wurden sie dann mit der Personellen Neugewinnung und dem Trading Halt überrascht und haben dann bei Börseneröffnung geschmissen auf Teufel komm raus
jetzt heißt es erstmal abwarten. Geduld wird belohnt werden
Niki

[motz1]

So, mit ein klein Bisschen Abstand der Versuch einer Einordnung:

Birley hat Ende Juli 2012 bei TPN das Ruder übernommen. Kurz zuvor wurde der bereits vermeldete Farmout-Deal mit New Age abgewendet. Sie sollten für 50% an Block 2B die Hälfte der Garantiesumme und ihren Anteil am vorgeschlagenen Programm finanzieren, etwa Mitte August verkündete Birley die Verhandlungen mit neuen Interessenten aufgenommen zu haben und bis Jahresende 2012 zu einem Ergebnis (Farmout) kommen zu wollen.
Heute wissen wir, dass es fast ein Jahr länger dauerte, aber ich denke das Ergebnis kann sich sehen lassen:
- TPN ist für die erste Bohrung free carried (und somit voll finanziert)
- TPN hat seine Leads und Prospects deutlich weiterentwickelt
- TPN bleibt Operator
- TPN bleiben 45% an Block 2B
- TPN konnte Paul Logan (Ex-Heritage Geologe) verpflichten
- TPN hat sich ein komplettes Management-Team mit beachtlichem Track-Record aufgebaut

Kurzum: TPN wurde von meiner damals eingegangenen Wette auf Block 2B zu einem ernstzunehmenden Kenia-Explorer mit kleinen aber feinen Liegenschaften. Sie sind ihrem Ziel ein großes Stück näher gekommen.

Dass sich nun Premier Oil als Partner für 2B hinzugesellt passt imho äußerst gut. Birley arbeitete lange für PMO, PMO fokussiert sich in der Exploration auf Rift Basins.

Die Reaktion des Marktes auf das Farmout ist ein Witz. Beunruhigen lasse ich mich dadurch nicht mehr, fundamental steht TPN imho sehr gut da. Es wird nun noch etwa ein Jahr bis zur Bohrung in 2B vergehen, eine Bohrung in Block 1 könnte im selben Zeitraum anlaufen.
Für November ist ein neuer CPR angekündigt, es wird interessant sein zu sehen wie sich die neuen zwischenzeitlich vorliegenden Daten auf die Ressourcenschätzung auswirken.
Zudem wird das Bahasi-Drilling von AOI zumindest kurzfristig einen Impact auf den Share-Price haben.
In der Zwischenzeit wird es noch die ein oder andere Gelegenheit geben zu sammeln - soweit ich freie Mittel habe werde ich das tun...



----------------

Hier noch zwei aktuelle Beiträge (zumindest den unteren bitte mit besonderer Objektivität betrachten):

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October 16, 2013
Premier Oil Joins The East Africa Rift Basin Gold Rush As It Farms Into Taipan's Block 2B Onshore Kenya

Premier Oil has made its debut onshore Kenya by agreeing to farm-in to Block 2B in the southern Anza Basin as it seeks to build on its legacy of rift basin exploration success. The London-listed independent is paying US$1 million in back costs and US$13.275 million in drilling and testing costs to earn a 55 per cent stake in the Taipan Resources block.


This week's news looked good for Taipan, which has bagged a partner with a certain financial and operational muscle: Premier's working interest production averaged 58,600 boepd over the first six months of this year, generating turnover of US$758 million and a post-tax profit of US$161.1 million. What's more, C$32 million market cap Taipan retains a material 45 per cent interest in the 5,464 sq km block (as well as 20 per cent in its 22,246 sq km Block 1, already farmed out to Afren). In addition to the US$1 million of back costs and the drilling carry on the Pearl-1 well, slated for Q3 2014, Premier will provide guarantees for the minimum work and expenditure obligations for the first additional exploration period of US$13 million, which ends in summer 2015.The second additional exploration period, which ends mid-2017, includes further seismic and two more wells.

But it's not just money that Premier brings to the party. The FTSE 250 company also claims a certain expertise when it comes to exploring rift basins: its notable successes in this particular geological setting include the Songkhla discoveries in the Gulf of Thailand (then sold to Coastal Energy, transforming the TSX and AIM company), the giant Yetagun field offshore Burma, West Natuna offshore Indonesia and its discoveries in the UK and Norwegian sectors of the North Sea. Premier's recent move into Brazil was driven by its rift basin strategy and the company had said it was seeking to add one more rift play to its portfolio: it would appear East Africa has filled that gap.

Some Premier shareholders may feel this latest new country entry makes the portfolio too diverse, with assets now stretching from the Falkland Islands, Brazil and Norway to Pakistan, Iraq, Indonesia and Mauritania. But, as analyst Zac Phillips of SP Angel Corporate Finance notes, the Taipan deal is “another step forwards for Premier as it seeks to diversify away from its traditional North sea to Asia axis”. The company has already begun reshaping its portfolio, with recent disposals in Vietnam and Norway and project relinquishments in Egypt. Given its strategy to build on its historic rift basin successes, Kenya looks an obvious addition to the new look portfolio.

Certainly the move gives Premier access to a Cretaceous rift basin play that has the industry salivating following Tullow Oil's run of successes in Uganda and Kenya. Indeed, Premier is just the latest in a string of larger players, among them Marathon Oil and Afren, that have paired with smaller companies to secure a footprint in a potentially lucrative and low cost frontier play. And the costs of wildcatting on Block 2B will be significantly lower than Premier's Blocks L10A and L10B off the coast of Kenya – a region that has seen little drillbit action but has already yielded some expensive dry holes for the likes of Woodside and Anadarko.

The first target on Block 2B will be the Pearl prospect, which is reckoned to hold a gross prospective resource of 100 million barrels of oil. This is a Tertiary prospect similar to Tullow’s Ngamia, Twiga and Ekales discoveries. The remaining lead inventory across the block could host more than 500 million barrels gross. Taipan CEO Maxwell Birley said the company believes the sweet spot of the Anza Basin, one of the largest Tertiary-age rift basins in East Africa, lies in Block 2B.

Given that the TSX Venture-quoted small cap has scored something of a coup with the recruitment of Paul Logan as exploration manager, it might be said that Taipan knows of what it speaks when it comes to the rift geology in East Africa. Logan, who has over 36 years in the business, was previously chief geologist at Heritage Oil, where he was part of the team that discovered 1.75 billion barrels of oil in Uganda's Albertine Rift Basin, including the Buffalo-Giraffe field now reckoned to be the largest onshore oil field to be discovered in Sub-Saharan Africa in more than two decades. Heritage, of course, went on to sell its 50 per cent stake in its Two Ugandan blocks to Tullow for a whopping US$1.45 billion.

http://oilbarrel.com/news/premier-oil-joins-the-east-africa-…

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A ‘Free Ride’ in the Hottest Exploration-Development Play on Earth
by dj on October 16, 2013

ADVERTORIAL BY KEITH SCHAEFER

The East Africa oil play is now moving to the second level—development. Exploration in the area has been so successful that well costs are coming down, and pipeline planning is heating up.

Tullow Oil (TLW-LSE) and Africa Oil (AOI-TSXv) have been the leaders, going four-for-four on their exploration, and discovering some 300 million barrels. During that time, Africa Oil has improved their drilling time from 70 days drilling to just 25—a huge cost savings.

The prospect of imminent royalties has Uganda and Kenya getting ready to build a pipeline from the oilfields of East Africa to the south Kenyan coast.

What’s interesting, though, is all that oil has been found in the western Lokichar basin of Kenya. For investors, all the leverage is now in the eastern Anza basin—the industry is looking to find the same “string of pearls” in the east as it has found in the west.

Costs are lower, and geological understanding is greater—so Big Hits are more likely to happen now.

And the action there is already happening.

The junior with the best leverage to this—in a moment. They have a free ride on what could be the biggest global oil discovery in the next nine months.

The set-up is simple. The Anza Basin is huge, and has at least three high priority targets—the first three pearls in the string—about to get drilled. They’re all getting drilled in the same geological formation, the Tertiary part of the Lower Cretaceous. This is the same formation that has proved up 6 BILLION barrels of oil just north in Sudan.

One high priority target has already spud. Just a few days ago, Africa Oil spud its Bahasi-1 well (formerly Kinyonga), which is targeting a 320 million barrel win. Their partner on this well is Marathon Oil (MRO-NYSE), which paid a cool $57 million to be 50% in this area. Somebody thinks this trend has a lot of potential ;-) .

The Market could hear news on that well by Christmas. Then that same drill rig will be moved directly to their Sala prospect (formerly Pundamilla), which has an independent report saying best estimates on a successful well would mean 400 million barrels.



700 million barrels is a lot of leverage—but the big leverage is NOT with Africa Oil.

It’s with the junior right beside them with just a $32 million market cap and a free ride through four wells—including two of their own, all in the same formation.

It’s Taipan Resources—TPN-TSXv. They are about to have their time in the sun. And they have one of the best prospects for the eastern string-of-pearls investors are looking for in eastern Kenya.

They just signed a $31 million farm-out deal with London listed Premier Oil (PMO-LSE) on their Block 2B in the Anza Basin that touches Africa Oil’s Block 9 with both Bahasi-1 and Sala.

Both companies think they have the sweet spot of the Anza Basin in Block 2B. Premier produces 60,000 barrels of oil equivalent in areas all over Europe, Asia and Africa.

For Taipan, that means no dilution, a cashed-up treasury and a free ride on the next three wells in Anza. That’s where I want to be on a new basin play that has a great shot at being the biggest oil discovery in the world over the next nine months. Not the next nine years, the next nine months.

With this deal, Taipan is a different company. They control their own destiny. One very important point in this deal is that they remain the operator—it means:

1) they control the news flow.
2) their minority 45% WI is still very attractive for someone who may want to buy into the play. It means Premier Oil is not the only logical buyer.
3) The market deeply discounts non-operators. It means they’ll get full value for their discoveries in their stock.
4) If their first well hits in a few months, they could still farm down to 25% for a lot more than what this Premier Oil deal is worth. Considering they have over 6 million gross acres in Kenya, 7 high priority targets, and a lot of other prospects with almost no exploration done—says they can still have a high priced stock with few shares out and be producing a lot of oil.

Their timing on this deal is perfect. If Bahasi-1—the best comparison play to their own on Block 2B—is a discovery, Taipan’s stock is going to move a lot more than if they were the non-operator, or had to still raise money. Even with a 45% WI, their stock has a lot more leverage now. There’s no cap on the stock.

There’s no doubt in my mind any success at Bahasi-1 will get reflected in Taipan’s stock. There could be two pearls in the string—Sala as well—by the time Taipan spuds their well in Q3 2014.

Their first well is called Pearl-1—of course. Like Bahasi-1, it’s a 4-way dip closure, which is a fancy way of saying they think the oil is trapped up under a huge pyramid-shaped formation. It’s the simplest style of conventional oil trap.

After waiting 8 months to select their partner—in the end it came down to a dogfight between two heavyweight African explorers—Director Joel Dumaresq says Taipan is ready to move fast now.

“We’re in a position to really go from a running start as this farm-out gets done. We’ll complete our last round of seismic to further lock in the drilling target—Pearl-1—that we and Premier agreed upon.”

And at Pearl, that Tertiary formation is thick—some 12,500 feet thick. That can hold a lot of oil. And the fact they and Premier agreed on the #1 drill site…says it’s as low risk as you can get in their Anza Basin trend.

They actually have seven Tier 1 targets on their eastern Block 2B—that are very similar to the African Oil discoveries in western Kenya—but the Market will only pay attention to Pearl-1 as drilling time gets closer. The Market loves to see a deep drilling inventory.

Taipan has transformed itself at the perfect time. Infrastructure is increasing, costs are decreasing and exploration cycle times are coming down. Drills are turning now in elephant country, and their stock is now free to run, with all of its financing needs satisfied.

The stock closed Monday at 38 cents, but it’s really a free ride for investors in the hottest exploration – development play on earth right now.


This story has been sponsored and reviewed by Taipan Resources.



DISCLAIMER: The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter.

Keith Schaefer is not registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. He is also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.

http://www.oilandgas-investments.com/info/?p=103

[motz1]

Antwort auf Beitrag Nr.: 45.658.625 von motz1 am 19.10.13 20:51:16

Eine sehr gute Short-List zu möglichen Kurstreibern von User Kenya1 auf Stockhouse:

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8 Catalysts for Taipan Resources Growth

1) Promotion of the New De-risked Taipan with institutional shareholders as an exploration company with a new 2D seismic done on both Kenyan oil blocks, a lead inventory on both kenyan Oil blocks, and 2 Big Farm In Partners in Premier Oi Plc and Afren Plc. Investor relations say that they are already working on promotion and management have promotion as No.1 priority. A free chance at oil on Block 2B and only 20% of the cost on Block 1. My expectation is that promotion will be a continuous thing from now until drilling.

2) Block 2B resource certification - (page 17 of the new company presentation) - A new CPR (independent competent persons report) will be released in November showing how many barrels of oil could be in Block 2B. Premier Oil's announcement mentions 126 million for the Pearl Prospect and 500 million in other leads on the Block - (this is compared to the 387 previously estimated by Sproule consultants)

3) Bahasi 1 next door close to the Block 9 and Block 2B border: This Cretaceous rock exploration well, being drilled by Africa Oil and Marathon Oil started on September 27th. If its a success, it will help Taipan and Premier look again at the Cretaceous prospects on Block 2B, if its dry, Taipan will continue on with their Tertiary targets on Block 2B.

4) Sala 1 next door close to the Block 9 and Block 2B border is being drilled again by Africa Oil and Marathon Oil straight after the Bahasi drill. It's along the Northern side of the Anza Basin (Bahasi Southern side) - think this one has a mixture of Tertiary and Cretaceous rock.

5) Block 1 resolution of disagreement with Afren. Afren carried Taipan through 1,200 kilometres of 2D seismic for consideration for 80% of Block 1. Afren shot 1,900 kms in total so Taipan's cost would be 20% of the cost of the 700kms over the 1,200kms that was free-carried. Going on Taipan's seismic rate of about $12,500 per kilometre, the total cost above 1,200 kms would be (1900-1200)* $12,500 *20% = $1.75million. As Afren is a bigger company, I would say their seismic cost more than $12,500 per km so they could well have issued Taipan with a cash call for up to $2million last December which is in dispute but I could be way-off here, not sure. With the Block 2B Farm In out of the way, Taipan will move to sort this out and start selecting drill prospects with Afren for drilling in Q3 2014 according to the company presentation page 16 and 17.

6) El Kuran was a light oil discovery made by Tenneco in Southern Ethiopia, about 50kms north of our Block 1 in the 1970s. Africa Oil and NewAge are re-drilling this - its seen as an appraisal well as oil has already been discovered there and they're probably moving the rig a few hundred metres to one side of the original discovery to see if the prospect is commercial.
http://www.thereporterethiopia.com/index.php/news-headlines/…

7)Vanoil drilling : Vanoil are drilling in Block 3A at the moment - it is directly South of our Block 2B. Vanoil are 100% drilling it themselves. Modagashe 1 is the well name and it is a cretaceous target. Again, likle Bahasi, if this is a discovery, Taipan and Premier will look again at the Cretaceous rock targets on Block 2B, whereas if its dry, it will inform them better if they have "look-a-like prospects" on Block 2B. (Good luck Vanoil! :-) )

8)Africa Oil just raised $450 million in a private placement. They are on Goldman Sachs top 5 list of potential takeovers in the Oil and Gas sector. If a major comes in here and buys them, it will make a lot of Canadian and other investors wealthy (and Africa Oil has already made them quite well off!). Their attention should then turn to us, a minnor in comparison to their multi billion status. Their market cap was about $220million pre-drilling. Thats why I continually say there should be no reason why our market cap cannot be $100-$150 million before our drilling, especially if Anza discoveries have been made by the time our drilling comes around next year

[nicolani]

also pmo macht sich ja mal auf den weg, somit sollte tpn zumindest nicht weiter abgeben, sondern dran bleiben!

[motz1]

TPN hält einen Conference-Call:

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Taipan Resources to Host Investor Conference Call

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 21, 2013) - Taipan Resources Inc. (TSX VENTURE:TPN) ("Taipan" or the "Company") announces that it will host a conference call on Wednesday, October 23, 2013 at 6:00 AM PST to discuss its recently announced farmout agreement with Premier Oil Plc.

Max Birley, Chief Executive Officer and Director of Taipan, will host the conference call.

To attend the call, please use the dial in information below:

Date: Wednesday, October 23rd, 2013
Time: 6:00 AM PST / 9:00 EST / 2:00 BST
North America Local: [phone]
North America LD: [phone]
International Dial-In: [phone]

Participants are requested to call in at least 10-minutes before the call to ensure timely participation.

There will be a short Q&A session following the farmout discussion.

http://web.tmxmoney.com/article.php?newsid=63368890&qm_symbo…

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Ein neuer Beitrag zu TPN:

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Premier Oil Commits $30 Million to Taipan’s Block 2B in Kenya

By Resource News Report

On October 15, 2013 Taipan Resources (TPN-TSX.V) announced the signing of a binding farm-out agreement with Premier Oil (PMO-LSE) whereby Premier will acquire a 55% participating interest in Block 2B onshore Kenya by investing up to $30 million in exploration expenses.

Premier Oil is a leading FTSE 250 independent exploration and production company with interests in the North Sea, South East Asia, the Middle East, Africa, Pakistan and the Falkland Islands.



Premier Oil’s portfolio of producing assets delivered production of 58,600 boepd in the first half of this year, and it has various projects in the development phase which should increase production to over 100,000 boepd in the medium-term.

Premier became active in Kenya in 2011 with the signing of two PSCs for offshore exploration blocks L10A and L10B.

Mr. Maxwell Birley CEO of Taipan Resources commented, “We look forward to working with Premier Oil, a company with a strong track record of exploration and development success”.

The principal terms of the farm-out agreement are as follows:
•Premier will pay Taipan’s working interest share of the cost of drilling and testing the Pearl-1 prospect and future costs on Block 2B up to a cap of US$ 13.275 million in addition to its working interest share of costs. Premier is spending $29.5mm on Block 2B including Taipan’s carry.
•The total work programme required under the PSC for the First Additional Exploration Period is estimated at $29.5 million.
•Premier will provide guarantees for the minimum work and expenditure obligations required under the PSC for the First Additional Exploration Period on Block 2B of US$13.0 million.
•Premier will pay TPN US$1 million as a reimbursement for back costs.



TPN will retain operatorship of Block 2B during the exploration phase with Premier having the right to assume operatorship of any development.

Taipan has interests in Block 1 and Block 2B onshore Kenya The Company’s 20% working interest in Block 1 is operated by East Africa Exploration, a subsidiary of Afren plc.

Taipan Investment Highlights:
•Kenya is the world’s top onshore oil exploration area
•Estimated 22.7 billion barrels gross un-risked prospective resources
•Only 58 wells drilled in Kenya
•11 wells planned for next 12 months with 6 active rigs from Q4 2013
•20 wells planned in 2014
•Tullow discoveries in Kenya have exceeded threshold volumes for development
•Taipan is the 4th largest gross acreage holder in Kenya
The Anza Basin – proven petroleum system and one of the largest Tertiary-age rift basins in East Africa
•Taipan block 2B believed to be in the basin “sweet spot”
•TPN’s first well planned 2014 – one well Block 2B, one well on Block 1
•Oct, 2013 Farm in Agreement signed with Premier Oil
•Premier earn 55% interest for a gross investment up to $30.0 million
•Taipan fully funded through the drilling of first well on Block 2B
•Africa Oil Block 9 Bahasi-1 well spudded Best Estimate 320 mmbbls
•Sala well to be spudded in 2014 Best Estimate 402 mmbbls

Taipan management has discovered over 3.75 billion barrels of oil equivalent in similar early stage basins with success rates up to 80%.



“The Pearl-1 exploration well is targeting a Tertiary prospect similar to Tullow’s Ngamia, Twiga and Ekales discoveries,” states Birley, “We believe that the ‘sweet spot’ of the Anza Basin is located on Block 2B.”

In Premier Oil, Taipan has a senior partner with $180 million cash on hand, fully invested in the success of Block 2B in Kenya.

TPN is currently trading at .29 with a market cap of $29 million.

http://www.resourcenewsreport.com/premier-oil-commits-30-mil…

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Der Stateside Report hat TPN promoted, ab Minute 8:19:

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[motz1]

Update von Mackie Research - thx to user kenya1/stockhouse.

........................

Mackie Research - Latest Research Note


TAIPAN RESOURCES INC. – SPECULATIVE BUY

Company Maker Well To Spud In Q3/14

DETAILS – Investor Conference Call

This morning, Taipan hosted an investor conference call to provide additional

details on the Block 2B farmout agreement with Premier Oil Plc. (“Premier”) that

was announced last week. Premier has agreed to fully fund the cost of drilling and

testing of the Pearl-1 exploration well and future costs on Block 2B up to a gross cap

cost of $29.5 million. Premier will also pay Taipan US$1 million for back cost.

Premier will earn 55% interest in Block 2B and Taipan will retain a 45% operated

interest. Premier will also provide guarantees for the minimum work and

expenditure obligations for the First Additional Exploration Period on Block 2B of

US$13.0 million resulting in additional savings. The farmout agreement is expected

to close in 1 to 2 months.

200 million barrel Pearl prospect: Block 2B covers an area of 1.9 million acres and

lies within Anza Basin in Kenya. Based on seismic data, gravity, magnetic date,

Taipan believes that the sweet spot of the Anza Basin is located on Block 2B. Recent

nearby drilling success by Africa Oil and Tullow has resulted in the Ngamia, Twiga

South and Ekales discoveries in the Lokichar Basin (see next page for more details).

All three discoveries were trapped by a large bounding fault. Taipan has a similar

“string of pearls” portfolio along a large bounding fault in Block 2B in the Anaz

Basin. Management expects to spud the Pearl-1 well in Q3/14.

Drilling activity on offsetting block: Africa Oil and Marathon have commenced

drilling of the Bahasi-1 exploration well in Block 9, which is adjacent to Taipan’s

Block 2B. The well will test a large anticlinal feature in the Cretaceous rift trend

which has a best case resource estimate of 320 million barrels (“mmbbls”). The

partners will then drill the Sala Tertiary prospect which is a good analogy to the

Pearl prospect which has an unrisked resource potential resource of 402 mmbbls.

IMPACT – Positive; Pearl Prospect Offers Massive Upside

Management estimates the Pearl-1 prospect is ~200 mmbbls in size with an unrisked

resource estimate of $1.5 billion or $675 million net to Taipan’s 45% interest. Note

that Taipan’s current market capitalization is ~30 million.

Action – Speculative Buy on Company Marker Plays

With its new partner, Taipan is fully funded to drill the Pearl-1 company maker well

which has an unrisked potential value of $4.57/fd share. We reiterate our

SPECULATIVE BUY rating and our $0.90 target price.

- Spud of the Pearl-1 exploration well on

Block 2B (Q3/14).

- Results of the Bahasi-1 exploration well

currently drilling on Block 9, offsetting Block

2B (Q4/13)

- Results of the Salsa-1 exploration well on

Block 9 (Q1/14)

- Results of an updated NI 51-101 compliant

resource report on Block 2B (November

2013)

- Results of El Kuran-3 (New Age) currently

drilling to the north of Taipan’s Block 1

(20% W.I.) (Q4/14)

- First Exploration well on Block 1 (Q3/14)

Bill Newman, CFA 403.750.1297, [e-mail]

Shea O’Callaghan, Associate 403.750.7406, [e-mail]

This report has been created by Analysts that are employed by Mackie Research Capital Corporation, a Canadian Investment Dealer. For further disclosures, please see last page of this report.

TPN - TSXV $0.35

TARGET: $0.90

PROJ. RETURN: 157%

VALUATION: 1.0x NAVPS

Share Data

Basic Shares O/S (mm): 85.3

Diluted O/S (mm): 107.1

Market Cap ($mm): 29.9

Enterprise Value ($mm): 25.4

Net Debt (W.C.) ($mm): (4.5)

Dividend: N/A

Yield: N/A

Next Reporting Date November

$0.00

$0.20

$0.40

Oct-12 Feb-13 Jun-13 Oct-13

Jan 31/12 April 30/12 July 31/12 Oct 31/12 Oct 31/12 Jan 31/13 April 30/13 July 31/13 Oct 31/13 Oct 31/13 Oct 31/14

FYE Oct. 31 Q1/12A Q2/12A Q3/12A Q4/12A 2012A Q1/13A Q2/13A Q3/13A Q4/13E 2013E 2014E

Oils & Liquids bbl/d na na na na na na na na na na na

Natural Gas mmcf/d na na na na na na na na na na na

Boe/d 6:1 na na na na na na na na na na na

Production Grow th % na na na na na na na na na na na

Cashflow $mm na na na na na na na na na na na

Cashflow /FD Share $/share na na na na na na na na na na na

EV/DACF multiple na na na na na na na na na na na

OCTOBER 23, 2013

www.mackieresearch.com intra-day RESEARCH ALERT – TAIPAN RESOURCES INC. Page 2

BLOCK 2B – CONFIDENCE GROWING WITH NEARBY DRILLING SUCCESS

Block 2B (1.9 million acres) lies within the Anza Basin in onshore Kenya. In Q1/13, Taipan acquired

439 km of high quality 2D seismic data over Block 2B which has helped to define its exploration

prospects. Taipan plans to acquire additional seismic early next year. Based on seismic data,

gravity, magnetic date, Taipan believes that the sweet spot of the Anza Basin is located on Block 2B.

Sproule International Limited (“Sproule”) completed an NI 51-101 compliant resource estimate of

Block 2B, as at October 31, 2012. The report reviewed 17 leads which have a combined mean

unrisked prospective resource of 387 million barrels. Note that resource report was completed

before the recent seismic acquisition. A new resource report, including the new seismic and FTG

data should be released in November 2013. Africa Oil and Tullow have made four discoveries

(Ngamia-1, Twiga South-1, Ekales-1 and Etuko-1) in the South Lokichar Basin targeting similar

Tertiary plays that are located on Taipan’s Block 2B in the Anza Basin (Figure 1). Approximately 20

wells are expected to be drilling in Kenya next year which could provide additional catalysts for the

stock.

Paul Logan (ex. Heritage Oil) hired as Taipan’s Exploration Manager: On October 11, 2013 Taipan

announced that Mr. Paul Logan was appointed Exploration Manager. Mr. Logan was previously

Chief Geologist at Heritage Oil Plc, where he was part of the team that discovered approximately

1.75 billion barrels of oil in Uganda on Blocks 1 and Block 3A. Block 1 and Block 3A were operated

by Heritage Oil Plc and the discoveries included the world-class Kingfisher, Warthog, and Buffalo-

Giraffe fields where six discovery wells were drilled between 2006 and 2009 with 100% exploration

success. Uganda is directly analogous to the Tertiary rift oil prospects that Taipan has on Block 2B

and to the existing discoveries to date in Kenya

200 million barrel Pearl prospect: Management’s internal resource estimate for the Pearl prospect is

~200 mmbbls with an unrisked potential value of $1.5 billion or $675 million net. The Pearl prospect

has potential in multiple stacked horizons which increase the chance of exploration success. The

well cost is expected to range between $18 million and $25 million which is expected to be fully

funded by Premier. The first exploration well is expected to spud in Q3/14. Premium believes that

the remaining leads on Block 2B hold over 500 mmbbls of unrisked gross resource potential.

Drilling on offsetting blocks: Africa Oil and Marathon drilling are currently drilling the Bahasi-1

exploration well in Block 9, which is adjacent to Taipan’s Block 2B. The well will test a large

anticlinal feature in the Cretaceous rift trend which has a best case resource estimate of 320 million

barrels. The Cretaceous has been confirmed to contain hydrocarbons at the Paipai well in Block 10A.

After the Bahasi-1 well has finished drilling, Africa Oil and Marathon plan to move the rig to drill

the Sala well on Block 9 targeting a large Tertiary prospect with a best case prospective resource of

402 million barrels (Figure 1). The Sala prospect is a good analogy to the Pearl prospect.

www.mackieresearch.com INTRA-DAY RESEARCH ALERT – TAIPAN RESOURCES INC. Page 3

Figure 1: Multiple Exploration Wells Near to Taipan’s Blocks

Source: Company presentation, Mackie Research

www.mackieresearch.com INTRA-DAY RESEARCH ALERT – TAIPAN RESOURCES INC. Page 4

SUMMARY OF RECENT AND PLANNED DRILLING IN KENYA

Africa Oil and Tullow: String of Pearls Discoveries Totals 647 Million Barrels

Surpasses development threshold: The Ngamia-1, Twiga South-1 and Ekales-1 discovery wells

(Figure 1) were trapped by a large bounding fault. The total unrisked prospective resource from the

“String of Pearls” totals 647 mmbbls. Africa Oil and Tullow are currently drilling the Agete -1

exploration wells along the same fault targeting a prospective resource of 276 mmbbls. In addition,

the partners recently announced that the Etuko-1 well targeting a prospective resource of 234

mmbbls in the rift flank play was successful. Africa Oil stated that the discoveries made to date,

surpassed the threshold volumes for development. On October 16, 2013 Africa Oil announced a US$

450 million private placement.

The Ngamia-1 discovery well capable of 5,400 bbl/d: The Ngamia-1 discovery well on Block 10BB

was drilled to a total depth of 2,340 metres and encountered over 200 metres of net pay. The Lower

Lokhone formation in the Ngamia-1 well tested 281 bbl/d of 30º API oil. The uphole, Auwerwer

sandstones tested at a much higher, restricted rate of 3,200 bbl/d (no water) and are estimated to be

capable of 5,400 bbl/d, without the surface equipment restrictions. The Ngamia prospect has an

estimated gross 2C contingent resource of 180 mmbbls and a gross prospective recoverable resource

of 281 mmbbls.

Twiga South-1 well capable of 5,200 bbl/d: The Twiga South-1 well is located ~22 km to the north

of the Ngamia-1 discovery well. In November 2012, Africa Oil and Tullow drilled the Twiga South-1

discovery well on Block 13T which encountered 75 metres of net oil pay. In February 2013, the well

tested a combined 2,812 bbl/d of 37º API oil from three Tertiary aged Auwerwer sandstone zones.

The first zone tested 1,860 bbl/d, the second zone tested at 491 bbl/d and the third zone tested at

461 bbl/d. The well is expected to be capable of 5,200 bbl/d without the surface equipment

restrictions. The Twiga South-1 prospect has an estimated gross 2C contingent resource of 87

mmbbls and a gross prospective recoverable resource of 132 mmbbls.

Ekales-1 Discovery Well: On September 26, 2013, Africa Oil and Tullow announced that the Ekales

Exploration encountered 60 to 100 metres of potential pay. The well is located on Block 13T, and

between the Ngamia and Twiga discoveries. The Ekales-1 prospect has a pre-drill gross prospective

resource of 234 million barrels.

Taipan’s Block 2B has identified similar “string of pearls” prospects along a large bounding fault in

Block 2B.

Figure 2: Africa Oil and Tullow’s String of Pearls Discoveries

Source: Africa Oil Presentation, Mackie Research

www.mackieresearch.com INTRA-DAY RESEARCH ALERT – TAIPAN RESOURCES INC. Page 5

BLOCK 1 – NEW AGE DRILLING EL KURAN WELL

Block 1 (20% W.I.) is bordered to the north by Ethiopia and to the east by Somalia. The massive 7.8

million acre block is surrounded by indications of hydrocarbons. Block 1 lies within the Mandera-

Lugh Basin, which is the southward extension of the Ogaden Basin that contains the Calub-Hilala

gas field discovered in Ethiopia in the 1970’s. The prospective sections in Block 1 are expected to be

oil prone, as demonstrated by the Genale oil seep and the El Kuran light oil discovery drilled in

1972, both of which are located just off the northern border of Block 1 (Figure 3). New Age (Private)

is drilling the El Kuran-3 appraisal well targeting a potential unrisked prospective resource of 1.3

billion barrels of original oil in place (P50). Taipan and partner Afren plan to drill an exploration

well on Block 1 in Q3/14. Taipan is considering multiple funding options including a farmout of its

20% interest or new equity.

Figure 3: Block 1

Source: Company presentation, Mackie Research

www.mackieresearch.com INTRA-DAY RESEARCH ALERT – TAIPAN RESOURCES INC. Page 6

RISKS TO TARGET

Limited financial flexibility: Taipan has no production or cash flow and must rely on its limited cash reserves and capital provided

by its farm-out partners to fund its exploration activities. Without early drilling success, Taipan may struggle to raise additional

capital.

Exploration risk: Kenya remains vastly unexplored. The Pearl-1 well is a high risk exploration well.

RELEVANT DISCLOSURES APPLICABLE TO: TAIPAN RESOURCES INC.

1. Within the last 3 years, Research Capital Corporation has managed or co-managed an offering of securities by the

subject issuer.

2. Within the last 3 years, Research Capital Corporation has received compensation for investment banking and related

services from the subject issuer.

ANALYST CERTIFICATION

Each analyst of Mackie Research Capital Corporation whose name appears in this report hereby certifies that (i) the

recommendations and opinions expressed in this research report accurately reflect the analyst’s personal views and (ii) no part of

the research analyst’s compensation was or will be directly or indirectly related to the specific conclusions or recommendations

expressed in this research report.

[niki550525]

Da ich mich hier auch positioniert habe were ich auch hier in Abständen mal was dazu schreiben.
Taipan ist für mich ein Hebel zu den Ergebnissen von AOI.
Start der Bohrung von Bahasi -1 durch AOI war am 27.09.2013.
ein Erfolg dieser Bohrung führt zu einem De-Risking für Block 2B von Taipan. Dies würde dann eine Neubewertung von Taipan nach sich ziehen.
Die Ergebnisse werden allerdings erst so gegen Anfang Februar erwartet.
Eventuell kann schon eine Veröffentlichung der 2D- seismischen Daten die im November berichtet werden sollen, einen Kursschub geben.
Da allerdings der Rohstoffmarkt nicht im Visier der Fonds und Großanlerger ist,kann dies im Vorfeld schwer beurteilt werden.
Eventuell kann aber schon eine positive Entwicklung bei AOI dies schlagartig ändern.
Charttechnische Betrachtung:
Momentan sind alle Indikatoren im roten Bereich.
Slow STO hat am Freitag bei 4,55 % gedreht.
Der Umsatz ist mit 129K schon sehr mau.
Der Kurs befindet sich unterhalb der MA 50 und MA 200 was schon sehr negativ ist. Die 0,26 C$ scheinen jedoch eine gute Unterstützung zu sein.
Die nächsten Tage werden wir mal sehen wo die Reise hin geht.
Niki

[niki550525]

Antwort auf Beitrag Nr.: 45.807.026 von niki550525 am 11.11.13 14:22:12

Hall@
heute gab es eine Release von AOI und Tullow bzgl. Agete-1.
Zudem und das ist hier relevant, wurde bekannt gegeben, dass das Ergebnis Bahasi noch ende Dezember bekannt gegeben wird.
Dies ist ein wichtiges Signal für Taipan Resources. Sollte die Bohrung von AOI ein positives Ergebnis bringen, wird eine Bohrung von Taipan mit weniger Risiko behaftet.
Könnte also gut sein, dass wir einen anziehenden Kurs in der nächsten Zeit sehen werden.
Logischer weise werden sich spekulanten vorher noch positionieren.
Ich bin schon drin und werde bei charttechnischen positiven Signalen weiter zukaufen.
Also Kopf und Daumen hoch
Niki

[niki550525]

Antwort auf Beitrag Nr.: 45.895.472 von niki550525 am 22.11.13 12:56:57

Hallo@
so jetzt habe ich mal bei Tradgate den Kurs gestellt (0,187€)
Wenn ich hier auch noch als Alleinunterhalter fungiere, möchte ich trotzdem für den ein oder anderen eine Hilfestellung geben. Bei AOI gelingt mir das ganz gut
Nun zu Charttechnik:
- Slow STO heute in den grünen Bereich und liegt 24,21 zu 16,01%
- SAR wurde getroffen und ist nun im grünen Bereich
Somit haben wir 2 Kaufsignale für diesen Wert
Umsätze haben heute angezogen und waren die höchsten dieser Woche.

- MACD liegt genau auf dem Schnittpunkt 0,016 zu 0,16
- RSI liegt bei 48,88% und nicht weit vom Kaufsignal (50%)
Sollte am Montag noch ein weiterer Anstieg kommen, könnten wir weitere Kaufsignale bekommen.
MA(50) liegt bei 0,29€ und somit noch im grünen Bereich
(MA(200) liegt bei 0,28€)
Solange die MA(50) über MA(200) liegt haben wir einen grundsätzlichen
positiven Trend.
Lassen wir uns überraschen. Für alle die hier hereinschauen, wünsche ich ein schönes WE
Niki

[motz1]

Hallo @niki550525,

schön dich hier zu lesen. Zwischendurch mal was zum anschauen .

[niki550525]

Antwort auf Beitrag Nr.: 45.908.500 von motz1 am 24.11.13 21:39:23

Hallo motz 1,
danke für's reinstellen und ebenso danke für die Begrüßung

Hier nochmal die Fakten für alle Interessierten:

TPN ist der viertgrösste Onshor Landeigner Kenias nach Tullow, AOI und ich glaube Marathon.
- 45% von Block 2B (1,9 Mill Acres)
- 20% von Block 1 (7,8 Mill Acres)
Die seismischen Auswertungen von Block 2B zeigen Ähnlichkeiten zu AOI's 10BB
Premier Oil finanziert in 2014 ein Bohrprogramm auf Block 2B bis zu 30 Mio.$
Primier Oil und TPN gehen davon aus, dass sich der sweet Spot auf Block 2B befindet.
Ein erfolg bei Bahasi -1 von AOI würde ein de - risk für Block 2B von TPN und eine kpl. Neubewertung, bedeuten
Niki

[niki550525]

Antwort auf Beitrag Nr.: 45.900.488 von niki550525 am 22.11.13 22:16:01

Heute mal wieder was von der Charttechnifront:

Tja, leider hat sich der Kurs doch etwas anders entwickelt wie ich es mir gedacht hatte.....

- RSI und Slow STO haben gedreht.
- gestern wurde dann auch noch der SAR getroffen, der somit auch wieder rot ist.
- MACD ist genau auf dem Schnittpunkt.
- Heute haben wir das Julitief bei 0,225C$ getestet und dann nach oben gedreht.
Das Junitief befindet sich bei 0,22 C$. Da wir das schon 2 x getestet haben ist das ein guter und stabiler Widerstand.
Im Candlestick haben wir übergeordnet ein Verkaufssignal.

Fazit:
Die og. Daten sind kurzfristiger Natur, da wir ja eigentlich auf nur 2 Ergebnisse in naher Zukunft ausgerichtet sind. Sollte AOI ein positives Ergebnis mit Bahasi -1 bringen wird der Kurs von TPN schlagartig nach oben gehen. Wer dann noch aufspringen will muß dem Kurs hinterher laufen. Wer schon länger dabei ist weiß, das man das nicht machen sollte.
Als nächstes Ziel sehe ich den Widerstand bei 0,40 C$ was fast 100% sind.
Einen weitern Anstieg bei positiver Bohrung von TPN sehe ich beim Widerstand von 0,80 C$. Das wäre dann mal eine Vervierfachung.

Schau mer mal, dann seng mas scho
Niki

[niki550525]

Antwort auf Beitrag Nr.: 45.933.122 von niki550525 am 27.11.13 18:56:41

So hab grad mal wieder Zeit mal was reinzuschreiben.
Candlestick hatten wir am Freitag ein Bearish Shooting Star. Übergeordnet stehen wir aber immer noch auf Stay LONG.
Seit dem Buy vom 02.12 hat der Kurs um 22,45% zugelegt.
Charttechnisch haben wir folgendes Bild:
Am Freitag wurde MA50 bei 0,28C$ getestet und hat dann aber auch gehalten.
Bis auf den Slow STO sind alle Kennwerte im grünen Bereich.
Das der Wert sehr Volatil ist, konnte man in der letzten Woche gut sehen.
Vermutlich haben wir den Anstieg einer Empfehlung in einem Börsenbrief zu verdanken. Da kann man sich gut vorstellen, was passiert wenn nun eine gute Meldung veröffentlicht wird.
Tja, dann schauen wir mal was AOI uns so im Januar schönes verkünden wird.

Euer "Alleinunterhalter"
Niki

[Shorty-Brenner]

Soooo, endlich wurde diese Woche mal meine Order ausgeführt, hatte fast nicht mehr dran gedacht :-)

Dann drück ich ich uns hier mal die Daumen...

[DJHLS]

An den deutschen Börsen sind mir die Spreads einfach zu hoch. Aber auch beim Handel in Kanada muß man eben beachten, dass das ein wenig liquider Pennystock ist.

Die Assets sehen m. E. auf den ersten Blick ganz vielversprechend aus. Allerdings sind mir grundsätzlich Explorer lieber, die schon über positive cash flows aus laufender Produktion verfügen und damit G&A Expenses und Zinslast tragen können. Je mehr CapEx darüber hinaus aus dem CF gestemmt werden kann, desto besser.

[Shorty-Brenner]

News.. Trading Halt

[nicolani]

Taipan Resources Inc. Announces 388% Increase in Total Unrisked Prospective Resources on Block 2B to 1.6 Billion Barrels
NAIROBI, KENYA--(Marketwired - Feb. 13, 2014) - Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE:TPN) is pleased to announce that an updated independent assessment of the Company's prospective resources on Block 2B has been completed by Sproule International Limited ("Sproule"). The independent assessment was carried out in accordance with the standards established by the Canadian Securities Administrators in National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. The effective date of the report is December 31, 2013.

The total estimated Mean Gross Unrisked Prospective Resources on Block 2B in the report has increased by 388 percent to 1,593 MMBOE from 410.4 MMBOE.

The Pearl-1 prospect, that is expected to be drilled later this year, has been estimated by Sproule to have Mean Gross Unrisked Prospective Resources of 251 MMBOE.

The total estimated Mean Gross Unrisked Prospective Resources on Block 2B is based on 19 exploration leads as summarized in the table below. The estimated Mean Gross Unrisked Prospective Resources for the top six leads of Block 2B (Leads 1, 2, 3, 4, 5, and 8) total 960 MMBOE.

Premier Oil plc is carrying Taipan through the cost of the work program for the First Additional Exploration Period on Block 2B. This includes the drilling and testing of the Pearl-1 prospect. Taipan holds a 45% interest in Block 2B and is the operator during the exploration phase with Premier having the right to assume operatorship of any development.

[Shorty-Brenner]

Das sind ja perfekte News, ich bin gespannt wie hoch der Kurs die Tage steigt....

was ist euer erstes Kursziel in den nächsten Tagen?

[nicolani]

Antwort auf Beitrag Nr.: 46.444.663 von Shorty-Brenner am 13.02.14 17:52:19

ist schwer zu sagen, zuerst brauchen sie ja mal geld, um weiter zu bohren!

[Shorty-Brenner]

Zitat von nicolani: ist schwer zu sagen, zuerst brauchen sie ja mal geld, um weiter zu bohren!

wieso

Premier zahlt doch die Exploration für einen 55% Anteil...

also das Bohren auf 2B ist finanziert

[motz1]

Schöne News gestern, das kann sich sehen lassen. Möglich wurde dies imho auch dadurch, da sich TPN auf Tertiary-Plays konzentriert. Somit scheint nun auch offiziell bestätigt, dass die Ngamia-Analogien in Teilen zulässig sind. Das ist gut so.

Pearl hat mit 251MMBOE nun auch eine stattliche Zielgröße, Birley hat auch hier Wort gehalten und mehr geliefert als angekündigt.

Hier mal die Übersicht zu den Ressourcenschätzungen:


Leider gibt es Angaben zur Zusammensetzung der GCoS, von daher bleibt die mit Vorsicht zu genießen.

Rund ein halbes Jahr vor dem ersten eigenen Drilling ist die Company imho sehr gut aufgestellt und Block 2B scheint zu halten was er versprochen hat. Ich wünsche mir, dass das Team um Birley und Premier nun auch das Community-Management soweit vorantreibt, dass sie vor Ort auch in Ruhe arbeiten können.

Fingers crossed .

[motz1]

User Kenya1 hat auf Stockhouse ein Update von VSA-Capital eingestellt:


VSA Capital Note update - $2 per share

VSA Daily Flow Test, 14/02/14 This Morning’s News Taipan Resources (TPN CN)# Yesterday, Taipan Resources, the independent Africa-focused oil exploration company, issued an update on its Block 2B reserves. As a reminder, TPN holds a 20% WI in Block 1 and a 45% WI in Block 2B onshore Kenya, through its wholly owned subsidiary Lion Petroleum Corp. TPN will be operating Block 2B during Phase 1 of exploration, after which Premier Oil (PMO LN), which holds a 65% WI, will take over for the development phase. After an independent assessment of its prospective resources in Block 2B, made by Sproule International, the total estimated Mean Gross Unrisked Prospective Resources has been upgraded from 410mboe to 1,593mboe, an increase of almost four times. This is very positive news for TPN, which confirms the potential value locked under the company’s assets. This Block 2B upgrade adds 90C$¢/share to our core NAV. We therefore upgrade our target price to C$2.00 and maintain our BUY recommendation. We remain confident in the ability of Taipan to progress further in its exploration programme, through the drilling and testing of the Pearl-1 tertiary prospect, which has geological characteristics comparable to Tullow Oil’s (TLW LN) Ngamia discovery.

[Shorty-Brenner]

so kann es jetzt jeden Tag gerne weitergehen

genügend Luft nach oben ist hier reichlich vorhanden.....


kein Stück hergeben

[motz1]

Schöner Beitrag zu den derzeitigen Geschehnisse um TPN - letzten Satz beachten .

Wenn sie es schaffen -und davon gehe ich bei Birley/Logan aus- z.B. weitere aussichtsreiche Liegenschaften zu sichern wäre das ein guter Entwicklungsschritt für die Company. So oder so werden wir wahrscheinlich vor dem Drillbeginn noch ein weiteres, hoffentlich kleines, Farmout von 2B sehen. Wer 4-5 Drills will (Dumaresq) braucht Kohle. Wenn der Kurs stimmt könnte auch ein PP kommen. Mal abwarten, bis hierhin gefällt mir die Entwicklung ausgesprochen gut.

--------------


Billion Barrel Bonus: Taipan's Latest Resource Injection in Kenya
February 19, 2014

[/url]

Africa is elephant country—and not just for tourists.

Oil companies see it as the last onshore Big Game area—where virgin reservoirs still exist, and wells can be tens of thousands of barrels a day.

And right now, Taipan Resources (TPN-TSXv; TAIPF-PINK)is as close as anybody to finding the next one. They’re about to drill one of the most closely watched wells in Africa—the Pearl 1 well in eastern Kenya.

And they’ve done everything right so far. In fact, they are a textbook for companies looking to get business done in Africa and set up shareholders for a Big Win.

Early on, they bought a huge chunk of land early in the play

They hired a CEO with great experience, who now lives in Kenya

They hired the most successful exploration geologist in all of East Africa

They partnered with Big Oil to get a free ride on the well

And they did it all by issuing less than 100 million shares

That is leverage. When Africa Oil hit its first discovery well—Ngamia—it had almost three times the amount of shares as Taipan.

And the Size of The Prize just got bigger—a lot bigger. Last Thursday, along with partner Premier Oil PLC, Taipan announced the addition of over a billion barrels to their asset’s resource threshold. That’s billion, with a ‘b’.

Fully financed for 2014’s exploration program, Taipan is finally set to capitalize on the potential the market neglected to give it credit for. Now it’s time to roll up the sleeves and get to work. Seismic is already underway to determine an exact well location, and both CEO Max Birley and Exploration Manager Paul Logan are overseeing the operation.

“We’ve already begun the final phase of seismic ahead of drilling the well in our Block 2B and it’s going very well” says Joel Dumaresq, CFO and Director of Taipan Resources.

“At this stage, Premier is paying both their share and ours of the work required to prepare for drilling the well. We’re able to cash call them and get paid for the work we’re doing on Block 2B which is good. We’re very happy with the business development side.”

Both Birley and Logan are wildcatting experts by trade. Birley has a wildcat success record of over 50% and Logan’s is over 70%. In the highly oil prolific region of Kenya/East Africa, the finder’s rewards are enormous.

The latest Sproule NI 51-101 resource report trumpeted Block 2B’s Mean Gross Unrisked Prospective Resources at 1,593 MMBOE (up 388% from 410.4 MMBOE).

To give some perspective, the Sala-1 well shared by Africa Oil [AOI:CA] and Marathon had a best estimate of 400 million barrels. Another Africa Oil discovery, the Twiga South-1 (shared with Tullow), had a best estimate of 132 million barrels. – (Source WSJ: February 12, 2014).

The Pearl-1 prospect—set to be drilled this year on Block 2B— was estimated to have Mean Gross Unrisked Prospective Resources of 251 MMBOE.

Overall, the report identified 19 leads (up from 17). The top 6 leads account for almost a billion barrels alone, with an estimated 960 MMBOE.

STILL GROSSLY UNDERVALUED

The news of the extremely favourable resource adjustment did indeed give the Taipan share price a shot in the arm. But to many, the valuation is still a far cry from where the stock should be.

Typically the market values prospective resources at about $0.10 per barrel. Based upon the new Sproule report, that would suggest Taipan could presently be worth $150M or more based upon Block 2B alone….all for a stock that is presently trading at a $30M market cap!

It’s just a complete mismatch on where our market cap is versus perspective barrel type numbers that you would see out of Kenya right now.

The increase in expectations on Block 2B comes from incorporating approximately 400kms of seismic done last year not used in the original estimate.

When you add in the value of Taipan’s other exploration block (“Block 1”) you arrive at a Net Present Value approaching $300-$400 million…. beyond a ten-bagger difference compared to today’s market cap. Tap, tap, tap… Is this mic on?

“We have two big chances within the next 12 months to make a splash with drilling, and obviously we’re going to provision ourselves to get more chances,” says Dumaresq.

“We’ve always said that we believe if we could drill 4 to 5 wells the chances of having big success in one is very high. All we need is one to hit and we could have a $300 to $400 million company.”

WHY NO LOVE SO FAR?

In the search for answers as to why the stock hasn’t performed the way it deserves to, some may point to recent news coming from its neighbours.

Duster results coming out of Africa Oil’s Bahasi project definitely hurt the region’s momentum. It also didn’t do Taipan any favours.

However, both companies are working together to get this Tertiary Rift Basin up to speed. Success for one, equals success for the other.

“You have to remember that Bahasi was very low probability of success well,” says Taipan Director, Adam Zive. “It would’ve been a great positive for us if it had come through, but we were always pretty skeptical of that target.”

PEARL-1 AND THE PLAN GOING FORWARD

As seismic operations continue, Taipan and partner Premier are on schedule to complete their 2014 exploration program on time.

Thanks to a favourable farm-in deal that the two finalized last December, Taipan is being carried through the estimated $29.5 million drilling costs—All this while retaining a 45% stake.

The Big Game Hunt begins.


GEOFF WOADE
for TheHydrocarbon.com

DISCLAIMER: A fee has been paid for the enhanced distribution of this article.

[niki550525]

Antwort auf Beitrag Nr.: 46.484.747 von motz1 am 19.02.14 12:01:40

Hi motz1,
schön das Du auch hier bist und danke für's Reinstellen.
Ich bin seit Oktober letzten Jahres hier investiert und habe meinen Bestand gleich behalten obwohl der Kurs gans schön in den Keller ging.
Hier ist mit Charttechnik noch nicht viel zu machen und braucht eher gute Meldungen um Kursgewinne einzufahren.
Aufgrund der Recourcenschätzung von dieser Woche kann man erahnen auf welchem Potential TPN sitzt. Obwohl momentan kein Fokus der Instis auf Öl Explorer liegt, eröffnet sich Mutige eine eimalige Chance.
Aufgrund von Annahmen, Gerüchten und Hoffnungen in die Zukunft kann sich der Kurs in Kürze verfünffachen. Das haben wir ja bei AOI gut sehen können.
Ebenso konnte man gut sehen, das wenn man nicht investiert ist es sehr schwer ist wieder rein zu kommen. Rücksetzter ohne negativen Meldungen werde ich nützen um den Bestand weiter aufzubauen.
Meine Geduld hat sich bisher schon bezahlt gemacht
Gruß
Niki

[Shorty-Brenner]

Zitat von niki550525: Hi motz1,
schön das Du auch hier bist und danke für's Reinstellen.
Ich bin seit Oktober letzten Jahres hier investiert und habe meinen Bestand gleich behalten obwohl der Kurs gans schön in den Keller ging.
Hier ist mit Charttechnik noch nicht viel zu machen und braucht eher gute Meldungen um Kursgewinne einzufahren.
Aufgrund der Recourcenschätzung von dieser Woche kann man erahnen auf welchem Potential TPN sitzt. Obwohl momentan kein Fokus der Instis auf Öl Explorer liegt, eröffnet sich Mutige eine eimalige Chance.
Aufgrund von Annahmen, Gerüchten und Hoffnungen in die Zukunft kann sich der Kurs in Kürze verfünffachen. Das haben wir ja bei AOI gut sehen können.
Ebenso konnte man gut sehen, das wenn man nicht investiert ist es sehr schwer ist wieder rein zu kommen. Rücksetzter ohne negativen Meldungen werde ich nützen um den Bestand weiter aufzubauen.
Meine Geduld hat sich bisher schon bezahlt gemacht
Gruß
Niki

diese Strategie und der Eindruck treffen vollkommen zu und sind richtig....


meine Order hat ewig gedauert ausgeführt zu werden aber es hat sich ein paar Tage später gelohnt..... dann habe ich nachgelegt, trotz des ersten Anstiegs nach den News, dies hat sich auch gelohnt.....

man soll sich ja in eine Aktie nicht verlieben, aber es ist mir leider passiert

ich sehe das hier als echtes Langfrist-Investment, von daher kam es mir auf 1-2 cent aus dem ASK nicht an. Aber weiter hinzukaufen werde ich jetzt nicht mehr......

Lob an euch

niki550525 und
motz1

sonst hätte ich wohl diese Perle nicht entdeckt, mit euch würde ich gerne mal ein paar Bierschen trinken.

Eure fundierten Betrachtungen sind wirklich excellent....

Sorry falls ich hier nocht einen User vergessen habe, bin grad etwas in Eile, wollte diesen Kommentar aber noch loswerden!

[niki550525]

Antwort auf Beitrag Nr.: 46.487.257 von Shorty-Brenner am 19.02.14 16:00:21

Hallo Shorty-Brenner,
erstmal danke für Dein Lob.
So nun versuche ich es mal auch hier mit der Charttechnik.
Fast alle Indikatoren sind im grünen Bereich. Soweit so gut.
- RSI bei 83%
- SAR grün
- MACD = grün
- Slow Sto = mit 79 zu 80% leicht im roten Bereich.

Fazit: Da der Wert innerhalb von 4 Tagen sehr angestiegen ist hat sich eine Fahnenstange ausgebildet.Wir haben hier ein Kursplus von knapp 100 %.
Zudem handelt es sich hier um einen sehr Volatilen Wert mit Spekulativem Hintergrund.Bohrergebnisse werden noch lange auf sich warten lassen. Und wir haben ein kleines GAP zwischen 0,38 und 0,39C$ das geschlossen werden will.
Da in nächster Zeit keine Nachrichten zu erwarten sind, wird sich der Kurs beruhigen und ich fürchte er wird somit auch die Richtung ändern.
Ob es nun noch ein paar Tage nach oben geht kann man hier nicht so sagen. Man muß jedoch auf der Hut sein
Für meinen Teil reichen erst mal 60% Gewinn und ich verabschiede mich vorerst aus dem Wert.Es ist kaum möglich den Ausstieg auf der Spitze zu schaffen und ein Spatz in der Hand ist mir lieber als die Taube auf dem Dach
Der Wert bleibt in meiner Watchliste und wir werden noch viel Freude damit haben.
Niki

[motz1]

@Niki: Deine Tauben möchte ich sehen, wenn dir die Spatzen 60% bringen - Glückwunsch!

Ich bin mal gespannt ob das von dir genannte Gap geschlossen wird. Sollte TPN den Run auch in der kommenden Woche fortsetzen, werde ich mir überlegen ob ich einen kleinen Teil rausnehme und mich etwas tiefer wieder auf die Lauer lege.

--------------

Hier noch ein Beitrag von Seeking Alpha - Thanks to user on-target on stockhouse!



The whole (02,19,2014) Seeking Alpha article






Taipan Resources: An Oil Explorer Creating Value Through "Solid Science"


Feb. 19, 2014 11:11 AM ET | About: TAIPF


This article was first released only to PRO subscribers. Learn More

(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

Taipan Resources (OTC:TAIPF) is a junior oil explorer operating in Kenya. The company's management has done an outstanding job positioning the company for success as it embarks on its exploration drilling program this year. Before we get into the detail of this second follow up article on the company, readers can read our first two articles introducing the company to Seeking Alpha subscribers and readers here and here. In the first article we gave an overview of Taipan. In the second article, we explained how micro-cap oil explorers like Taipan Resources have the potential for their share price to increase by multiples in the time frame leading up to the commencement of the company's exploration drilling program.

In this third article we will be discussing the progress the company's CEO Max Birley is having with respect to positioning the company for success ahead of the commencement of the long awaited drilling program.

Quality Seismic is a highly important ingredient

In January 2013, Max Birley, CEO of Taipan Resources, sat down in a hotel in Nairobi Kenya and gave an interview with OilPrice.com. The standard questions were asked, including: "What makes you come to Kenya, how do you find working with the Ministry?" About three-quarters through the interview the interviewer asked about Birley's plans for the Taipan-operated Block 2B. Max broke from the 'broad-brush' protocol and began detailing a geological plan that would change the fortunes of the small oil explorer in the year ahead.

"We will be acquiring world class seismic data with an extremely high fold in Block 2B. We may record data with fold as high as 540 (other operators in Kenya usually only record at 60 fold). We will do this so that we get excellent signal to noise ratio and seismic data improvement. This will then enable us to predict with some certainty the areas that have high shale to sand ratios. This in turn will indicate where the Tertiary lakes sediments were deposited. This will dramatically increase the chances of drilling a successful oil well."

For the majority of readers and the OilPrice interviewer, Max had just embarked on a level of detail probably best quarantined at the geological society of London. For Max, it was the only way he knew - the foundation of the company was going to be on solid science. Roll on two months and Max had ARKeX shooting an aerial 12,173 kilometre FTG (Full Tensor Gravity) survey over Block 2B. The FTG proved Max's theory that the Lagh-Bogal bounding fault running through Block 2B had the required rugosity to have some potential big oil reservoirs sealed in against it. The seismic, completed by BGP China, was the first ever 540-fold seismic to be acquired in Kenya. Geochemical studies then found good evidence that the source rocks that generated the seven discoveries in the Lokichar Basin are of broadly the equivalent age and type to source rocks found in Block 2B. Geochemical modeling indicated that these same source horizons will likely be present and mature for oil around the many drillable structures adjacent to the main basin-bounding fault on Block 2B.

Attracting quality exploration partners has been crucial

Having completed the science, Max needed to turn his attention to the peer review. He knew it all would be in vain if he could not convince his peers likewise. The third party verification of his theories materialized on October 3rd last year, when the $2 billion dollar Premier Oil Plc (PMO.L) farmed into 55% of the Block in exchange for paying for a $29.5 million dollar exploration programme which involved drilling the Pearl-1 exploration well. Curiously on the eve of the farm-in, Paul Logan, the former oil geologist at Heritage Oil ,who made multi-billion barrel discoveries in similarly aged Tertiary basins in Uganda was in Max's words, "attracted to Taipan", so whatever Premier saw in the seismic, Paul Logan saw it too.

Resource estimate has increased by nearly 400%

Last Thursday 13th February, Sproule consultants announced a spectacular 388% increase in the mean gross prospective resource on Block 2B to 1.6 billion barrels. It's quite an increase from the previous 387 mmbbl estimate which at the time, gave no allowance for the Tertiary -page 58 of the previous report read "No estimates of prospective resources were made for the Tertiary sandstones". The saying "What a difference a day makes" can be tweaked slightly for Taipan by substituting "day" with "540-fold seismic survey" as again, whatever Premier and Paul Logan saw in the seismic, Sproule are seeing the same potential - they actually have a higher mean estimate for Pearl at 251 mmbbl than the Taipan management at 200 mmbbl. So does it mean that the Taipan Multi-Bagging-potential we talked about in our previous article is a slam dunk? Absolutely not, exploration is inherently risky and not for the faint-hearted, but the more quality shots you have, the more that exploration risk is mitigated. On the October 28th conference call, Max Birley talked statistics:

"We've proven that we can do this, and we want to roll this model out again. And over the next two to three years, we want to get the company exposed to at least five exploration wells, because this is a statistical game, and we need to have the pipe full of exploration targets."

De-risking of Block 1 now the priority

This to us highlights the importance of Taipan's other Block in Kenya, Block 1. Taipan has a 20% interest in the Block and it is operated by multi billion market cap Afren Plc (OTC:AFRNY). It is being drilled in Quarter 3 this year. The main reason why Taipan's market cap is only $30 million as opposed to its risked NPV for the Pearl prospect on Block 2B plus the Khorof prospect on Block 1 of a combined $220 M, is that the market is wondering where they will find the cash for Block 1. Taipan will need to raise about $6 million to cover the cost of drilling Block 1. For shareholders the most favourable scenario is to try farm out Block 2B a little further, this time for cash (as Premier are already paying for the drilling) and use the cash to participate in Block 1. Another option is to raise cash through a private placement which would be short term pain, but.... "the importance of getting a portfolio of drill opportunities together to reduce the overall risk, cannot be understated and that's why the second drill on Block 1 is also important."

The chance of an oil discovery is improving

The odds say that one in four or five of these 'wildcat' drills will work, and the more different sandstone horizons you can target in each drill, the more the risk reduces further. The un-risked potential for Pearl-1 with a 45% stake is $1 billion or $667 million with a 30% stake, but this has no bearing on the current share price - the former is a multiple of 33 and the latter is a multiple of 22 from the current market cap of $30 million. But what will have a big influence on the share price is Taipan securing the funding (through farm out or cash raising) to participate in its second chance at the oil in Quarter 3 this year, on Block 1. The more chances, the better the probability.

Risks to the investment

Besides the risks articulated in the first two articles, the main risk for Taipan is that they hit dry wells in Q3 which would result in a big decrease in share price. Geopolitical tensions are also a concern although the Kenyan authorities have proved capable to date in dealing with disputes, especially in Turkana where seven discoveries have been made to date. There is also a risk of dilution if the company chooses to raise additional funds on the capital markets through an equity issue, rather than opt for the further farm down route.

Conclusion

Taipan is ticking off the catalysts one by one. They are doing the science on the ground, promoting it to farminees, getting carried for drilling and getting third party verification from numerous sources (Premier - Paul Logan -Sproule). The share price rose 82% from 25c to 47c in four days following the Thursday 13th February Sproule report. But even at this level, it is still a multiple of seven times off its risked net present value and about 40 times off its unrisked net present value (in the event of discoveries of the expected size). Risked NPV, although arbitrary, generally means the value of the assets even after the chance of failure is added in.

Yes it is risky, but how risky is it to bet on the team, to bet on Max Birley and Paul Logan and their proven formula for adding value through working up early stage exploration blocks and farming them out, while protecting shareholders by maintaining operatorship? They've already farmed out twice to Afren and Premier and have stated their desire to repeat the formula in other early stage exploration acreages. Many exploration companies have started on team-based-pre-money valuations of $50 million or more, never mind having any acreages to back it up, while Taipan stands at $30 million with two Kenyan drills this Quarter 3 and a proven team that can get the job done on the ground and execute farm ins when needed. And the heading of our article? It comes from a recent Proactive Investors interview with Birley on YouTube where the interviewer asks him, "How do you tell investors oil discoveries could happen?" To which the CEO replies, "Our approach is based on solid science." What a difference a 540 fold seismic survey makes!

Additional disclosure: This article was written in conjunction with Robert Whelan of Resource HQ

http://seekingalpha.com/article/2031131-taipan-resources-an-…

[niki550525]

Antwort auf Beitrag Nr.: 46.510.309 von motz1 am 23.02.14 22:30:17

Hallo motz1,
danke für Deine Zeilen..
---------------------------------------------------------
@Niki: Deine Tauben möchte ich sehen, wenn dir die Spatzen 60% bringen - Glückwunsch!
---------------------------------------------------------
Nein, auch ich backe kleine Brötchen... und freu mich wenn ich richtig gelegen bin. Ich bin seit 15 Jahren an der Börse aktiv und habe so manches mal auch in die braune Masse gegriffen. Wichtig ist dabei, das man aus seinen Fehlern lernt !!!! Nur dann kann man langfristig auch Gewinne machen.

Auch hier ist es Wichtig die Zeichen zu erkennen und nicht übermütig zu werden. Gier frisst bekanntlich Hirn.
Wie schnell es gehen kann konnte man jetzt die letzten 3 Tage sehen, wo der Kurs von 0,65 auf 0,42 C$ eingebrochen ist.
Interessant ist auch zu sehen, das wir ca. 19 Mio. Stück gebraucht haben um von 0,25 C$ auf 65 C$ zu kommen. 8 Mio Stück reichten dann aber aus um auf 0,42 C$ zurück zu kommen. Zeigt wie spekulativ dieser Wert ist.
Das ganze spielte sich auch noch dazu in nur 8 Handelstagen ab.

So wie es aussieht werden wir aber auch noch weiter nach unten gehen.
Wie schon geschrieben, ist ein GAP bei 0,37 -0,39 C$. Ein weiteres befindet sich bei 0,255 bis 0,275 C$.

Grundätzlich ist der Trend mal positiv zu bewerten.
Lt. Candlestickanalyse ist das Zeichen auf Halten / long bleiben.
Der Slow STO hat ins minus gedreht und der MACD ist auch vom höchsstand nach unten gelaufen (allerdings noch weiter grün)
Der RSI befindet sich noch knapp über 50% (58,2%) und ist somit weiterhin grün.
SAR befindet sich derzeit bei 0,36C$

FAZIT:
Da Oil - Aktien derzeit nicht IN sind, gehe ich davon aus, dass sich der Kurs weiter nach unten bewegen wird. Trader werden weiter ihre Gewinne absichern und verkaufen. Langfristanleger können und werden das aussitzen.
Nur neue News oder Gerüchte werden den Kurs nach oben bewegen können.
Eine Bekanntgabe des Bohrstarts wäre so eine Meldung. Nur das wird noch eine Zeit dauern.....
Auch ich werde wieder zusteigen, aber erst wenn die Indikatoren dies mir auch sagen.........Ich werde es hier auch rechtzeitig berichten

Niki

[Shorty-Brenner]

Ich habe auch mal ganz kleine Gewinne mitgenommen die Tage, obwohl ich mich in den Wert verliebt habe

Ja....ich muss noch arbeiten gehen, deswegen habe ich wohl wie die meisten hier bestimmte Kauf- und Verkauforder gesetzt.

Ich habe heute mal auf ein Schliessen des Gap´s gesetzt.
Da mein Broker in der Vergangenheit trotz Erreichen des Kurses keine Order ausgeführt hat habe ich wie viele heute wohl ein Limit etwas oberhalb angesetzt.

Die Sache sieht jetzt wohl so aus, dass das Gap geschlossen wird die Tage oder es jetzt vielen wie mir nach der Arbeit es jetzt doch wohl egal ist, da die MK einfach viel zu gering ist und 100% kurzfristig drin sind.

Das mal meine psychologische Einschätzung ohne fundierte Chartkenntnisse....


Kurs bergauf

Hier ist viel mehr drin als man denkt

[Shorty-Brenner]

das mit den kurzfristigen 100% sehen auch andere so

The East African Rift Basin system is one of the last of the great rift basins to be explored. It was only in 2012 that Tullow and Africa Oil struck first oil in Kenya. It transformed Africa Oil into a multi-billion dollar company as the stock price shot from under $2 to over $9 in that same year.

Since then, the South Lokichar Basin in Northern Kenya saw seven significant oil discoveries by Africa Oil and its 50% partner Tullow Oil. Now the eastern side of the country is being explored for the first time with modern technology—and chances are there are still several “elephant” reservoirs to be discovered!

Taipan Resources TPN.V is a pure-play on eastern Kenya through 2 Blocks (1 & 2B) that total more than 27,000 square km. Taipan holds a 20% interest in Block 1 which covers an area of 22,711 square kilometers in northeast Kenya. Afren, a major international E&P, is the operator. Their first well gets drilled late summer 2014.

But it’s Block 2B that has investors watching closely—it also gets drilled this year. A neighboring well is being drilled right now, which could have a big impact on nearby Taipan.

Taipan is the Operator with a working interest of 45%. The remaining 55% were farmed out last October to Premier Oil, a $3B UK based major, for a gross investment of $30.5 million. Taipan’s partner will pay for, or carry them, through seismic and the first exploration well. It’s unusual for the junior in the play to be the operator. The Market pays more for the operator.

The Block covers an area of 5,465 square kilometers located at the most southeasterly extension of the NW-SE trending Anza Basin. The Anza Basin is one of the largest Tertiary-age rift-basins in the East African Rift systems that contain multi-billion barrel oil discoveries. Maxwell Birley, Taipan’s CEO, believes that the ‘sweet spot’ of the Anza Basin is located on Block 2B!

Image: http://www.beatingtheindex.com/wordpress/wp-content/uploads/…
The Sala-1 highlighted in blue will have a major impact on the stock

The next potential catalyst for East Africa is Africa Oil’s Sala-1, 400 million barrel prospect, also on Block 9. It’s being drilled now and results are expected by the end of April 2014. Obviously, a hit there will be very good news for Taipan’s shareholders. A miss would dampen market hopes and leave the stock with Mother Nature’s last verdict, oil or no oil!

Taipan’s first exploration well is targeting the Pearl-1 Tertiary prospect that is in a similar geological setting to Tullow/AOI’s Ngamia, Twiga, Ekales, Agete and Amosing discoveries.

An independent reservoir estimate suggests the potential amount of recoverable oil for Pearl -1 is 251 million barrels (MMBOE), that’s 113 MMBoe net for Taipan. Here is how that might translate into Taipan’s share price: if you apply $4.22 per barrel (based on what Tullow Oil paid Heritage Oil in 2010 for analogous discoveries in Uganda) you get:

113 mmbbls * 0.3 COS (Chance Of Success) * $4.22 per bbl = $142 million market cap

Divide that by 147 million fully diluted outstanding shares and you get $0.96 per share or a double from the current level.

These numbers represent just one undrilled prospect. Last month, Taipan reported almost 1.6 billion barrels in Mean Gross un-risked prospective resources on Block 2B. The risked prospective resources (30% COS) net to Taipan (45% WI) comes out to 214 MMBOE.

Drilling the Pearl-1 prospect is planned for Q3-2014. Obviously, a hit on the Pearl-1 prospect is a major company maker; a re-run of the Africa Oil scenario would be quick as the market cap suddenly multiplied. But Pearl-1 has to hit.

That’s the upside—the “one foot planted firmly in the AIR” scenario. Investors should have their second foot firmly planted on the ground.

The Pearl-1 prospect is an exploration target with a 30% success rate at MOST. And while Africa Oil was able to hit several consecutive oil discoveries, the 300 MMBOE Bahasi well drilled in the Anza Basin on Block 9 was recently plugged and abandoned.

The dry Bahasi well has a red square around it; if you look at the map above you will notice that this is one of the closest wells to be drilled next to Taipan’s Block 2B. While the fact that it did not hit is not terminal for the Pearl-1 prospect, it is a good reminder that exploration drilling is a HIGH RISK endeavor.

The high-risk, high-reward nature of exploration for a junior player requires skillful risk management as you don’t want the game to end too early if you miss your first drill. A junior company reduces its exploration risk by reducing their percentage ownership (“farming out”) of its block. Taipan still retains 20% in Block 1 and 45% in Block 2B.

Taipan can still sell part of this 45% in exchange for cash, allowing them to pursue additional acreage new opportunities a la Pearl-1.

Finally, the company is debt free, getting carried for Block 2B’s first high profile well and has a $6M work commitment that includes drilling the 390 MMBOE Khorof prospect on Block 1. Taipan’s partner on Block 1 is also planning to drill their prospect in Q3-2014. There are 2 upcoming wells in Q3 for an exposure to more than 190 MMBOE in unrisked prospective resources. Any one of them is a company maker if successful.

Read more at http://www.stockhouse.com/news/press-releases/2014/02/28/tai…

[Shorty-Brenner]

hm......Gap-closing ist immernoch aktuell, mal sehen was AOI so morgen von sich gibt....

bei jedem anderen Zocker-Wert, wäre das Gap schon geschlossen, von daher überzeugt Taipan mit Qualität :-)

kann die nächsten Tage natürlich noch passieren, aber dann sollte es ziemlich grün danach werden :-)

[Rokky100]

http://web.tmxmoney.com/article.php?newsid=66565124&qm_symbo…

Taipan Resources Inc. Announces $6,000,000 Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 21, 2014) -

[Shorty-Brenner]

Antwort auf Beitrag Nr.: 46.673.313 von Rokky100 am 21.03.14 12:12:45

natürlich nicht so erfreulich zu den Kursen so viele Shares...naja Gap-close sollte dann wenigstens passieren, dann könnte es ziemlich grün werden die nächste Zeit mit kleinen Schritten, wenn die Lage und Gemüter sich beruhigt haben.


Bin etwas verbittert darüber, aber Teilgewinne trösten ja etwas im Nachhinnein


Die Story ist ja weiter intakt, trotzdem musste das jetzt wirklich sein???

[motz1]

Ein kleines Update zu den Geschehnissen der letzten Zeit:

1. PP über insgesamt 6,48Mio $, etwa 18 Millionen neue Aktien. Zudem enthält jede Aktie ein Warrant um innerhalb der kommenden 4 Jahre jeweils eine weitere Aktie zum Kurs von 0,50$ zu kaufen. Das hat imho leider einen etwas schalen Beigeschmack.
Das PP ist mittlerweile geschlossen (http://web.tmxmoney.com/article.php?newsid=66955038&qm_symbo…).

2. Was von TPN noch nicht gemeldet wurde, voraussichtlich heute vor Börsenöffnung in Kanada kommt: Tower Resources (AIM) wird voraussichtlich 15% an Block 2B übernehmen. Laut Angaben von Tower wird TPN
a) 4,5Mio USD in Cash
b) 9 Mio St. Tower Aktien
c) bei einer weiteren Bohrung weitere 1,0 Mio USD
bekommen.
Rechnet man noch die 15% Anteil die Tower dann am vereinbarten Work-Programm zahlt (15% von etwa 30 Mio) hinzu, dann beläuft sich der Deal auf rund 9 Mio für 15% (Tower-Aktien und Nachschlag für 2. Bohrung unberücksichtigt). Tower selbst ist mit 30% an einer Bohrung offshore Namibia beteiligt ("Welwitschia-1"), diese startet angeblich Ende April. Ergibt diese einen Treffer, dann dürfte der Anteil einen nennenswerten Wert bekommen.
http://www.towerresources.co.uk/news/2014/news_090414.html


Mit diesem Farmout dürfte TPN sowohl für die Bohrung in Block 1 als auch in Block 2B finanziert sein. So wie ich das Management einschätze könnte ich mir -zu einem späteren Zeitpunkt- auch noch eine Reduzierung des Anteils an Block 1 vorstellen. Dieser ist riesig und die finanziellen Verpflichtungen durch das operatorship von Afren sind nicht sehr gut kalkulierbar...

[motz1]

Antwort auf Beitrag Nr.: 46.792.035 von motz1 am 09.04.14 12:07:23

So soll es sein, TPN bestätigt das angestrebte Farm Out an Tower zu den beschriebenen Konditionen:

-------------------------------

Taipan Resources Inc. Farms Out 15% of Block 2B Kenya to Tower Resources

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 9, 2014) - Taipan Resources Inc. ("Taipan") (TSX VENTURE:TPN), through its wholly owned Kenya-based subsidiary Lion Petroleum Corp., has signed a binding farm-out agreement with Tower Resources (Kenya) Limited, a subsidiary of AIM-listed Tower Resources plc (LN:TRP) ("Tower"), whereby Tower will acquire a 15-per-cent participating interest in Block 2B onshore Kenya. Taipan will retain a 30-per-cent operated interest in Block 2B.

The principal terms of the farm-out agreement are as follows:
•Tower will pay to Taipan US$4.5-million in cash at completion;
•Tower will issue to Taipan 9-million shares in Tower Resources Plc in two tranches (the "Farm-In-Shares), 50% at completion and 50% three months following completion;
•Tower will make a US$1.0-million payment to Taipan conditional upon the spud of a second well in Block 2B;
•Completion is conditional solely on approval from Premier Oil Investments Limited;
•Tower will, on and from the effective date of transfer, pay its participating interest share of costs incurred in conducting joint operations as per the provision of the joint operating agreement, the initial phase of which, are estimated to cost gross US$29.5 million;
•Tower will provide guarantees for its share of the minimum work and expenditure obligations required under the PSC for Block 2B;

Taipan, is presently preparing to drill the Badada Prospect on Block 2B in Kenya. The Badada prospect has been independently estimated by Sproule International Limited ("Sproule") to have Mean Gross Unrisked Prospective Resources of 251 MMBOE and High (P10) Estimate Gross Unrisked Prospective Resources of 498 MMBOE. The total estimated Mean Gross Unrisked Prospective Resources on Block 2B is 1,593 MMBOE based on 19 exploration leads1.

Taipan, through its subsidiary Lion Petroleum will retain operatorship of Block 2B during the exploration phase.

Maxwell Birley, Chief Executive Officer, commented: "We have further de-risked our prospect in Block 2B with this farm out to Tower. The farm out to Tower is being completed at a favorable premium to the farm down to Premier announced in December of last year, and is reflective of the increased sentiment towards the value of our acreage in Block 2B. Between this farm down and the recent private placement, Taipan is now fully-funded and exposed to the drilling of a well on each of Block 1 and Block 2B in 2014. We have now set our sights not only on the drilling of these two exciting targets, but also on other sub-Saharan assets which will allow us to expand our portfolio of exploration assets in 2015 and beyond".

1. Sproule completed an updated independent assessment of the Company's prospective resources on Block 2B with an effective dated of December 31, 2013. The independent assessment was carried out in accordance with the standards established by the Canadian Securities Administrators in National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities.

About Tower Resources plc

Tower Resources plc (LSE:TRP) is an AIM-listed, London-based independent oil and gas exploration company with a regional focus on sub-Saharan Africa.

The Company holds a 30% working interest in a license comprising three Blocks offshore Namibia and a 50% interest in three contiquous licenses, onshore and offshore, in the Sahawari Democratic Republic. The company plans to spud their Welwitschia-1 well offshore Namibia with partners Repsol in late April 2014.

On April 9, 2014, the Company announced the proposed acquisition of Rift Petroleum Holdings Limited, a company with interests offshore South Africa and onshore Zambia.
[...]
http://web.tmxmoney.com/article.php?newsid=66965048&qm_symbo…" target="_blank" rel="nofollow ugc noopener">
http://web.tmxmoney.com/article.php?newsid=66965048&qm_symbo…

[Shorty-Brenner]

dann kann es ja jetzt mit dem Kurs wieder aufwärts gehen

[Shorty-Brenner]

schön das grün von heute

aber da geht noch mehr, bis zu einer fairen Bewertung
http://www.stockhouse.com/news/press-releases/2014/05/08/big…

[Shorty-Brenner]

Vancouver, BC / ACCESSWIRE / May 8, 2014 / The recent announcement of the $1.35 billion Glencore Xstrata (GLNCY-LON) takeover of Chad oil producer Caracal Energy (CRCL-LON) and the $1.55 billion Al Mirqab Capital takeover of Heritage Oil (HOIL-LON) announced last week are the beginning of a big year for African oils consolidation.

GMP Securities analyst Tao Ly commented recently: “following Glencore’s bid for Caracal, we think the significance of this latest bid for Heritage again confirms that valuations in the sector are low enough to attract opportune M&A…”

In addition to low valuations, the key driver of further consolidation in the African oil space will be access to rift basin assets. These basins have accounted for almost all of the billion-barrel-plus oil discoveries onshore Africa in recent years with the Kenya rift basins currently ranked as the hottest onshore exploration jurisdiction in the world.

With significant industry interest, low valuations relative to resource potential, and large rift basin acreage positions, Kenyan rift oil companies Africa Oil Corp. (AOI-TSX; AOIFF-US) and Taipan Resources (TPN-TSX-V; TAIPF-US) are primed for potential takeovers.

The first major rift basin oil acquisition was completed by Tullow Oil (TLW-LON) in 2010 with the $1.45 billion purchase of the Heritage Oil Lake Albert Rift Basin assets in Uganda. Tullow then sold two-thirds of the Lake Albert assets to Chinese National Oil Company CNOOC (CEO-NYSE) and Supermajor Total SA (TOT-NYSE) in 2011 for $2.9 billion. Tullow estimates that there is 1.7 billion barrels of recoverable oil in the Lake Albert Rift Basin and is going to spend billions of dollars developing this asset with its partners.

Tullow has also been a leader in the rift basin in Kenya where it farmed-into the Kenyan exploration assets of Africa Oil Corp. prior to the play-opening Ngamia-1 discovery that was made in 2012.

Early entrants into the rift basins In Kenya have had huge exploration success and stock market gains. The market cap of Africa Oil Corp. increased from $250 million prior to drilling to $2.5 billion after the Ngamia-1 well. There have been a number of follow-on discoveries in Kenya and Africa Oil Corp. now has 7 rigs operating in the region with partners Tullow, Marathon Oil (MRO-NYSE), and Afren (AFR-LON) and is drilling six new basin opening wells this year.

Over 368 million barrels of oil have been discovered so far in Kenya with expectations for the total amount of resources to be well above a billion barrels of oil. With large scalable concentrated rift basin assets, Africa Oil is firmly in the sweet spot to be acquired by larger oil companies like CNOOC and Total. The question is not if, but when and for how much.

It is likely that Africa Oil Corp. has already had a number of approaches from Big Oil and is waiting for the right time to sell. This is likely to be later this year after the company has completed further appraisal wells and well tests to better determine the value of its discovered resources in the Lokichar basin. The company is also drilling a number of potential basin-opening wells this year that it may want to complete prior to a take-out.

One of the other reasons Africa Oil is so attractive is that the company has a market cap of only $2.5 billion, making it an easy tuck-in acquisition for Big Oil companies. Most of the other companies operating in Kenya like Marathon Oil and Tullow have market caps of well over $10 billion, while mid-cap companies like Afren have an asset base that is too diversified.

Taipan Resources is the fourth largest acreage holder in Kenya and has a two well fully funded drilling program in 2014 targeting over $1 billion of resources net to the company. Sproule International has also independently assessed that on Taipan’s operated Block 2B alone, there is mean gross unrisked prospective prospective resources of 1.6 billion barrels based on 19 exploration leads. Taipan has a market cap of only $40 million, making the company the other likely takeover candidate in Kenya in 2014.

Big Oil won’t be interested in Taipan, they are willing to pay billions of dollars after a discovery is made. But mid-sized exploration companies can’t afford to wait and will take the opportunity to make a cheap acquisition with two high impact oil wells fully carried and funded. With 19 exploration leads Block 2B would also give a larger, cash rich oil company years of drilling inventory in the hottest onshore rift basin exploration region in the world.

While the market hasn’t yet fully appreciated the potential of Taipan’s assets, industry certainly has. Premier Oil (PMO-LON) is spending $30.5 million on one of Taipan’s blocks this year to drill the Badada prospect after agreeing to a farm-in deal in 2013, and Afren is spending a similar amount on Taipan’s other block to drill the Khorof prospect this year.

Paul Logan, who was the Chief Geologist at Heritage Oil that made the original Lake Albert Rift Basin discoveries, also joined Taipan late last year. Logan discovered the 1.7 billion barrels in the Lake Albert Rift Basin, drilling six discovery wells in a row with 100% exploration success.

At the recent Premier Oil investor day, Andrew Lodge Exploration Director of Premier also commented on Block 2B:

“the trick to this is to attempt to identify the Tertiary Rift Basins within the Anza Basin which are analogous to Uganda and the Lokichar discoveries. We think we've found that through farming into Taipan's acreage. We took a 55% interest. We have just done some prospective seismic survey, verified the main prospect and will drill that prospect, Badada this year. The ultimate resource potential in the block is over 1 billion barrels but the key to this, the key unlocker will be the Badada well...."

Taipan is now fully funded for the Badada and Khorof wells this year with an unrisked NPV net to Taipan of $1.34 billion. This equates to over $8 per share on a fully diluted basis. Taipan closed at $0.40 per share yesterday.

The risked value of Taipan’s two wells this year is $1.50 per share. This means that an acquirer could justify paying up to $1.50 per share pre-drilling.

At $0.40 per share Taipan is an attractive risk/reward proposition for mid-sized exploration company. If the market doesn’t close the Taipan valuation gap, industry will

Read more at http://www.stockhouse.com/news/press-releases/2014/05/08/big…

[Shorty-Brenner]

...und das grün heute natürlich auch :-)

[Shorty-Brenner]

Sehr schöner Kursverlauf die Tage.....weiter gehts

[Shorty-Brenner]

heute leichtes "luftholen" vor dem nächsten Move

[Shorty-Brenner]

Taipan Resources Inc. Cures Default in Block 1 Kenya

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/21/14 -- Taipan Resources Inc. (TSX VENTURE: TPN) announces today it has resolved the default position on Exploration Block 1, Kenya by paying to Afren Plc $3,566,377. By resolving the default, Taipan has restored its rights and entitlements to a 20% interest in Block 1.

As a result of the recently-completed private placement financing, Taipan is fully-funded for its participating interest in a first well to be drilled on Block 1.

Mr. Paul Logan, Exploration Manager for Taipan commented, "We are extremely pleased to have sorted our issues on Block 1. As we are once again receiving technical data on the Block, it's extremely exciting to see the size and potential of the new drill targets that have been identified by Afren."

Taipan has begun commissioning an independent NI 51-101 report on Block 1. The report should be available for release within 60-90 days.

About Taipan Resources Inc.

Taipan Resources Inc. (TSX VENTURE: TPN) is an independent, Africa-focused oil exploration company with interests in Block 1 and Block 2B onshore Kenya through its wholly owned subsidiary Lion Petroleum Corp.

Taipan operates and holds a 45% working interest in Block 2B (1.35 million acres / 5,464 km2) and a 20% working interest in Block 1 (5.497 million acres / 22,246 km2) which is operated by East Africa Exploration (Kenya) Ltd, a subsidiary of Afren plc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements contained in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from the targeted results. The Company relies upon litigation protection for forward looking statements.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Taipan. As a result, Taipan cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and include, but are not limited to, statements with respect to estimates of resources, future drilling and other exploration activities, and ultimate recovery of resources. The forward-looking statements contained in this news release are made as of the date of this news release and Taipan will only update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law. Statements concerning resource estimates constitute forward-looking statements and reflect conclusions that are based on certain assumptions that the resources can be economically exploited.

Contacts:
Taipan Resources Inc.
Joel Dumaresq
Director
[phone]
[e-mail]
www.taipanresources.com

Kin Communications Inc.
Investor Relations
604-684-6730 or 1-866-684-6730
[e-mail]
www.kincommunications.com

[Shorty-Brenner]

http://canadianinsider.com/node/7?menu_tickersearch=TPN+|+Ta…

ein paar kleine Insiderkäufe.....

starke Korrektur, aber Pancontinental wurde fündig in der "Nachbarschaft"

[Shorty-Brenner]

ein bisschen Spielgeld

http://canadianinsider.com/node/7?menu_tickersearch=TPN+|+Ta…

[Shorty-Brenner]

falls noch nicht entdeckt..... netter Artikel:http://seekingalpha.com/article/2437655-taipan-resources-sur…

[Shorty-Brenner]

https://canadianinsider.com/node/7?menu_tickersearch=TPN+|+T…

Kaufkurse zur Zeit

[Shorty-Brenner]

https://canadianinsider.com/node/7?menu_tickersearch=TPN+|+T…

weiter sammeln ist angesagt

[Shorty-Brenner]

hab mal die Tage nachgelegt....jetzt kann der Rebound kommen :-)

[Shorty-Brenner]

Antwort auf Beitrag Nr.: 47.917.043 von Shorty-Brenner am 01.10.14 10:48:31

Zitat von Shorty-Brenner: hab mal die Tage nachgelegt....jetzt kann der Rebound kommen :-)

da isser ja


Über Weihnachten wird endlich gebohrt

[knarre91]

Was soll hier in der nächsten Zeit (Weihnachten??) groß passieren?

RSI bei ungefähr 45. Kauf wäre jetzt lt Kennzahlen interessant!

[Shorty-Brenner]

Antwort auf Beitrag Nr.: 47.985.919 von knarre91 am 09.10.14 15:11:09

Zitat von knarre91: Was soll hier in der nächsten Zeit (Weihnachten??) groß passieren?

RSI bei ungefähr 45. Kauf wäre jetzt lt Kennzahlen interessant!

deswegen wird ja nachgekauft......
https://canadianinsider.com/node/7?menu_tickersearch=TPN+|+T…

die Bohrung dauert nur knapp 2 Monate, wenn das ein Treffer wird gehts hier rund...

Die angenommen "unriskanten" Reserven sind dermaßen hoch das der Kurs bereits über 1 $ stehen sollte.

An der Börse wird eben die Zukunft gehandelt, momentan spielt der Ölpreis und Gesamtmarkt eben gegen uns, aber das wird sich auch wieder ändern.

Wichtig ist eben das hier 2 gigantische Bohrprogramme voll finanziert sind.

Wenn ich mir da andere Werte anschaue, wie die ohne Ergebnisse angesprungen sind, dann müsste es die kommende Monate ohne News Richtung 0,75§ auf alle Fälle laufen.....

[knarre91]

RSI nur noch knapp über 30. Das schreit nach einer Gegenbewegung!

[Zocker1305]

Hallo,
July 2014 Defizit knapp 22 Mill. Da kann es mit dem Kurs nach unten, noch nicht am Ende sein.Einstieg wenn die nächste Bohrung in die Hose geht ca. 0,02 - 0,05. Sehr gewagt wer hier investiert ist.

[Shorty-Brenner]

Hm..... in das fallende Messer soll man nicht greifen, würde aber zu gerne genau jetzt nachlegen, hab ja gewusst es kann runter gehen aber so stark.....

Ist natürlich der einstweiligen Verfügung zu schulden die für ziemlich Verwirrung sorgt.

Diese Sache und der Ölpreis sollten sich die kommenden Wochen klären.

Man darf nicht vergessen das wir hier in ca. 2-3 Monaten vor gigantischen News stehen können. Voll finanziert für die 2. Bohrung, falls die erste in die Hose geht....

[VodkaLemon]

noch jemand investiert hier ? ... geht jetzt in die heiße phase ... entweder discovery auf 2B und 500-1000% gewinn oder dry hole und totalverlust ... alles oder nichts ... hab mir mal eine kleine postion gekauft le. woche zu 0,11 CAD ... mal sehn was drauß wird ... in ca. 4 wochen wirds sich zeigen

[Shorty-Brenner]

Antwort auf Beitrag Nr.: 49.078.658 von VodkaLemon am 15.02.15 23:01:00

jetzt ist das hier wirklich Russisch-Roulette geworden...

bin mal gespannt wie die Sache hier ausgeht

[VodkaLemon]

tja die bohrung war leider ein duster und da wäre er auch der fast totalverlust ... hatte zum glück nur eine kleine position aber das risiko war ja auch bekannt ... die chancen einer discovery standen bei 20% ... TPN hat zwar noch einen block aber keinen investor mehr für diesen deswegen auch der krasse absturtz ... in deutschland hätte man heute morgen zum zeitpunkt der news noch zu einem guten kurs verkaufen können ... bin nunin CAN raus zu 0,03 ... naja wer nicht wagt usw.

Taipan Resources Inc.: Badada-1 Well Drilling Update
Marketwired Taipan Resources Inc.
7 hours ago

NAIROBI, KENYA--(Marketwired - Feb 23, 2015) - Taipan Resources Inc. (TSX VENTURE:TPN)(TAIPF) ("Taipan", "the Company") provides the following update with respect to the Badada-1 well, Block-2B, onshore Kenya.

Lion Petroleum Inc. ("Lion"), Taipan's wholly-owned Kenya-based subsidiary, and Operator of Block-2B (Taipan 30%, Premier Oil 55% and Tower 15% working interests) announces that the Badada-1 well has been drilled to a total depth of 3,500 metres MDBRT (Measured Depth Below the Rotary Table) and following completion of logging operations will be plugged and abandoned as a dry hole.

The well has taken a total of 46 days to date, and is expected to have been completed within the prescribed budget of $25.8mln.

The well encountered a thick and previously untested Neogene age succession in the Anza Basin, of similar age to that encountered in the Lokichar and Albertine Basins, confirming the pre-drill geological model for this basin. Excellent quality reservoirs of Neogene and possibly older Tertiary age have been drilled. Although the well has failed to find commercial hydrocarbons, minor gas shows and traces of heavier gas molecules indicate the presence of a thermogenic source rock in this previously untested basin.

Commented Maxwell Birley, CEO of Taipan "clearly the results of the Badada well were not what management and the shareholders of Taipan had hoped for. However, Block 2B is extremely large at 5,458 sq km's, and other drill prospects exist within the Block. We will further evaluate results from the Badada well, and discuss next steps with our partners prior to making a decision with respect to future exploration activities in the Block".

About Taipan Resources Inc.: Taipan Resources Inc. (TSX VENTURE:TPN)(TAIPF) is an independent, Africa-focused oil exploration company with interests in Block 1 and Block 2B onshore Kenya through its wholly owned subsidiary Lion Petroleum Corp.

Taipan operates and holds a 30% working interest in Block 2B (1.35 million acres / 5,464 km2) and a 20% working interest in Block 1 (5.497 million acres / 22,246 km2) which is operated by East Africa Exploration (Kenya) Ltd, a subsidiary of Afren plc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements contained in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from the targeted results. The Company relies upon litigation protection for forward looking statements.

By definition of the COGC Handbook - "Undiscovered resources are those quantities of oil and gas estimated on a given date to be contained in accumulations yet to be discovered." Further the Handbook states - Caution (per NI 51-101/5.9(2)(v)(B)) -"There is no certainty that any portion of the resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources." In addition, per NI 51-101/5.6 "the estimated values disclosed do not represent fair market value."

http://finance.yahoo.com/news/taipan-resources-inc-badada-1-…

[Outrage]

Antwort auf Beitrag Nr.: 49.148.930 von VodkaLemon am 23.02.15 15:40:43

Bitter. Ich war auch mit einer kleinen Position drin.