► ADDAX PETROLEUM auf der Überholspur ◄ - 500 Beiträge pro Seite

[KaOzz]

Calgary, Alberta, March 18th, 2009 – Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX:AXC and LSE:AXC) today announced flow test results for the TT-10 well, the seventh Cretaceous appraisal and development well drilled on the Taq Taq field by Taq Taq Operating Company, the joint venture company formed by Genel Enerji A.?. (“Genel”) and Addax Petroleum to carry out the petroleum operations in the Taq Taq license area.

Commenting, Jean Claude Gandur, President and Chief Executive Officer of Addax Petroleum said: “We are extremely pleased to have achieved record aggregate test rates from the most recent Cretaceous appraisal well at Taq Taq. Addax Petroleum continues to lead the development of this emerging oil region through our highly successful appraisal program. The results from the appraisal campaign have been incorporated into a full field development plan which was recently submitted to the Kurdistan Regional Government for their review and approval.”



Link zur RNS:

http://www.addaxpetroleum.com/press_room/140

[KaOzz]

Antwort auf Beitrag Nr.: 36.830.920 von KaOzz am 24.03.09 02:54:32

TT-10 appraisal well generates record aggregate rate of 44,240 barrels per day

[KaOzz]

TSX & LSE Listings
AXC

Common shares outstanding (basic)
156 million

Share price (01/09/08)
CDN$/share.......£/share
$40.57...............£21.00

Market capitalization (01/09/08
CDN$million...........£million
$6,400..................£3,300

Average daily trading volume
30 days...............90 days
511,000...............476,000

[KaOzz]

2-years image TSX





2-years image LSE

[royal_punter [Verein]]

Nett:

[royal_punter [Verein]]

Aktuelle Presentation:

http://www.addaxpetroleum.com/_media/200904-InvestorPresenta…

[KaOzz]

Für die Watchlist nebenbei:

HAWK und CNE



HAWK:

AIM quoted Nighthawk Energy plc (ticker HAWK) is a dynamic UK registered energy company with a focus on the development of, and production from, hydrocarbon projects in the USA, a country with low political risk and a major shortfall in domestic oil and gas production.

Nighthawk holds substantial equity in seven projects across the US mid-continent, all of which are operated by Running Foxes Petroleum Inc., Nighthawk's partner and holder of the remaining interest in each project.

Of our seven projects, six are either in production or at the development stage and we expect all of our projects to make material contribution to the value of the Company in the future. Further details on each of the projects are set out in their own pages.



CNE:

Cairn is an Edinburgh-based oil and gas exploration and production company listed on the London Stock Exchange since 1988. There are two parts of the business: CAIRN INDIA and CAPRICORN.

* CAIRN INDIA is listed on the Bombay Stock Exchange and the National Stock Exchange of India and has interests in a total of 14 blocks in India and Sri Lanka. Cairn holds a 65% interest in Cairn India. Cairn India is a listed subsidiary of Cairn.
* CAPRICORN is an exploration led business with a strategy of organic growth and value enhancing acquisition. Capricorn's core assets are in Greenland, South Asia and the Mediterranean. Capricorn is a non-listed 90% subsidiary of Cairn.

[KaOzz]

Addax Petroleum receives notification for international exports from the Kurdistan Region of Iraq

7:36 AM ET, May 11, 2009

CALGARY, May 11, 2009 (Canada NewsWire via COMTEX) -- KRG authorises commencement of crude oil exports from the Taq Taq field

Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX:AXC and LSE:AXC) today announced that it has received formal notification from the Kurdistan Regional Government ("KRG") of its decision to commence the export of crude oil. The notification requests that Addax Petroleum and Genel Energy International Ltd ("Genel Energy") prepare to truck oil from the Taq Taq field to the Khurmala export station on or soon after June 1, 2009. The crude oil will be marketed by the State Oil Marketing Organization ("SOMO") and revenues will be directed to Addax Petroleum and Genel Energy through the coordination of the KRG on terms to be agreed under the framework of the production sharing contract. Crude oil delivered to the Khurmala station will be exported via the Iraq-Turkey main export pipeline to the Mediterranean port city of Ceyhan.

Earlier in 2009, Addax Petroleum and Genel Energy submitted a full field development plan for the Taq Taq field to the KRG which contemplates peak production of up to 180,000 bbl/d. Existing facilities at the Taq Taq field provide for production capacity of up to 40,000 bbl/d and the Corporation is in the process of expanding the facilities to 70,000 bbl/d of capacity. Following successful exports by truck, a pipeline is expected to be constructed in support of the full field development.

About Addax Petroleum

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on West Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa and has increased its crude oil production from an average of 8.8 Mbbl/d for 1998 to an average of 136.5 Mbbl/d for 2008. Further information about Addax Petroleum is available at www.addaxpetroleum.com or at www.sedar.com.

Reader Advisory Regarding Forward-Looking Information

Certain statements contained in this news release, including statements related to commencement of international export of crude oil, plans to truck oil to the Khurmala export station, export routing and marketing, approval of full field development plan, completion of additional facilities, pipeline construction, dates that areas will come on stream and expected production therefrom, development plans and schedules, future capital expenditures, business strategy and goals, and statements that contain words such as "may", "will", "would", "could", "should", "anticipate", "believe", "intend", "expect", "plan", "estimate", "budget", "outlook", "propose", "project", and statements relating to matters that are not historical fact constitute forward-looking information within the meaning of applicable Canadian securities legislation.

Forward-looking information is subject to known and unknown risks and uncertainties attendant with oil and gas operations, and other factors, which include, but are not limited to: imprecision of reserves and resources estimates; ultimate recovery of reserves; commodity prices; general economic, market and business conditions; industry capacity; competitive action by other companies; refining and market margins; the ability to produce and transport crude oil and natural gas to markets; weather and climate conditions; results of exploration and development drilling and other related activities; fluctuation in interest rates and foreign currency exchange rates; ability of suppliers to meet commitments; actions by governmental authorities, including increases in taxes; decisions or approvals of administrative tribunals; changes in environmental and other regulations; international political events; and expected rates of return. More specifically, production may be affected by exploration success, start-up timing and success, facility reliability, reservoir performance and natural decline rates, water handling and drilling progress. Capital expenditures may be affected by cost pressures associated with new capital projects, including labour and material supply, project management, drilling rig rates and availability and seismic costs.

In this news release the Corporation has made assumptions with respect to the following:



- prices for oil sales;
- oil reserves and resource quantities and the discounted present value
of future net cash flows from these reserves and the ultimate
recoverability of reserves;
- timing and amount of future production, forecasts of capital
expenditures and the sources of financing thereof;
- the amount, nature, timing and effects of capital expenditures;
- plans for drilling wells and the timing and location thereof;
- expectations regarding the negotiation and performance of contractual
rights;
- operating and other costs;
- business strategies and plans of management;
- anticipated benefits and enhanced shareholder value resulting from
prospect development and acquisitions; and
- treatment under the fiscal terms of Production Sharing Contracts and
governmental regulatory regimes.





The Corporation's actual results could differ materially from those anticipated in these forward-looking statements if the assumptions underlying them prove incorrect, or if one or more of the uncertainties or risks described above materializes. Risk factors are discussed in greater detail in filings made by Addax Petroleum with the Canadian provincial securities commissions.

Readers are strongly cautioned that the above list of factors affecting forward-looking information is not exhaustive. Further, forward-looking statements are made as at the date they are given and, except as required by applicable law, Addax Petroleum does not intend, and does not assume any obligation, to update any forward-looking statements, whether as a result of new information or otherwise. The forward-looking statements contained in this new release are expressly qualified by this advisory.

SOURCE: Addax Petroleum Corporation

[KaOzz]

Addax Petroleum announces strong cash flows in first quarter 2009 results

--High impact projects expected to yield a transformational year
7:42 AM ET, May 13, 2009

CALGARY, May 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC), today announced its results for the quarter ended March 31, 2009. The financial results are prepared in accordance with Canadian GAAP and the reporting currency is US dollars.

A conference call will be held for analysts and investors today Wednesday, May 13, 2009 at 11.00 a.m. Eastern Time / 4.00 p.m. London, U.K. Time. Full details can be found at the end of this announcement.

CEO's Comment

Commenting today, Addax Petroleum's President and Chief Executive Officer, Jean Claude Gandur, said:

"Addax Petroleum continues to deliver strong operating cash flows and healthy netbacks despite a significantly lower oil price environment. As part of the Corporation's ongoing commitment to maintain liquidity and to operate under a balanced budget approach, certain development activities were postponed in order to maintain a concerted focus on exploration.

The stage has been set for our high impact projects to make for an exciting year. We are extremely pleased to have recently received a confirmation from the Kurdistan Regional Government that crude oil exports will commence from the Taq Taq field. In addition, with the recently contracted Deepwater Pathfinder drillship, the Corporation has entered a new and significant phase of exploration in the highly prospective Deepwater Gulf of Guinea. While the original schedule had us commencing drilling in the JDZ Block 4 in the fourth quarter, we understand that the drillship may now arrive earlier in the second half of 2009."

http://cxa.marketwatch.com/tsx/en/market/article.aspx?guid=h…" target="_blank" rel="nofollow ugc noopener">
http://cxa.marketwatch.com/tsx/en/market/article.aspx?guid=h…

[KaOzz]

Addax Petroleum announces acquisition onshore Gabon with immediate exploration drilling

6:06 AM ET, May 14, 2009

CALGARY, May 14, 2009 (Canada NewsWire via COMTEX) --


Potential farm-in for 50 per cent interest of Ogueyi licence area
including currently drilling Azango exploration well





Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC) today announced that it has agreed to fund an exploration well in the Ogueyi licence area, onshore Gabon, with the potential to earn a 50 per cent interest in the licence area. Perenco, as operator of the Ogueyi licence area, has recently spudded the exploration well targeting the Azango prospect.

Commenting, Jean Claude Gandur, President and Chief Executive Officer of Addax Petroleum said: "We are pleased to have acquired a potential interest in the Ogueyi licence area as this continues our strategy to build our property portfolio around core producing areas. This is also a demonstration of Addax Petroleum's commitment and concerted focus on growth from exploration and provides good potential for an almost immediate impact to the Corporation."

The Ogueyi licence area is an exploration block with a gross area of 1,339 km(2) (330,900 acres) on the eastern edge of the Port Gentil basin, onshore Gabon. The Port Gentil basin is a well-established hydrocarbon province, producing mainly offshore from post salt formations of late Cretaceous age. The operator of the Ogueyi licence area has identified several prospects and leads on the block which is covered by a suite of approximately 2,551 km of 2D seismic data. The Azango prospect in the Ogueyi licence area was spudded in early May 2009 and is expected to reach a total depth of 1,685 metres in June 2009.

Operations for the Ogueyi licence area are conducted under a production sharing contract with fiscal terms similar to the other licence areas which Addax Petroleum holds in Gabon. The production sharing contract is in its second exploration phase due to expire in July 2009, however, a two year extension has already been negotiated by the operator. The commitments under the second exploration phase will be fulfilled with the drilling of the Azango prospect.

Under the terms of the farm-in with Perenco, Addax Petroleum has agreed to fund the Azango exploration well up to a maximum cost of $8 million. In addition, Addax Petroleum has the option to make additional staged payments to Perenco based on future exploration results in order to obtain a 50 per cent interest in the licence area. The ultimate assignment of the 50 per cent interest by Perenco to Addax Petroleum would be subject to the approval of the Government of Gabon. The Government of Gabon also retains a 10 per cent back-in right in the event of a commercial development.

About Addax Petroleum

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on West Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa and has increased its crude oil production from an average of 8.8 Mbbl/d for 1998 to an average of 134.7 Mbbl/d for the first quarter of 2009. Further information about Addax Petroleum is available at www.addaxpetroleum.com or at www.sedar.com.

Reader Advisory Regarding Forward-Looking Information

Certain statements contained in this news release, including statements related to drilling plans, development plans and schedules, future seismic activity, production levels and sources of growth thereof, results of exploration activities and dates that areas may come on-stream, future capital expenditures, business strategy and goals, and statements that contain words such as "may", "will", "would", "could", "should", "anticipate", "believe", "intend", "expect", "plan", "estimate", "budget", "outlook", "propose", "project", and statements relating to matters that are not historical fact constitute forward-looking information within the meaning of applicable Canadian securities legislation.

Forward-looking information is subject to known and unknown risks and uncertainties attendant with oil and gas operations, and other factors, which include, but are not limited to: imprecision of reserves and resources estimates; ultimate recovery of reserves; commodity prices; general economic, market and business conditions; industry capacity; competitive action by other companies; refining and market margins; the ability to produce and transport crude oil and natural gas to markets; weather and climate conditions; results of exploration and development drilling and other related activities; fluctuation in interest rates and foreign currency exchange rates; ability of suppliers to meet commitments; actions by governmental authorities, including increases in taxes; decisions or approvals of administrative tribunals; changes in environmental and other regulations; international political events; and expected rates of return. More specifically, production may be affected by exploration success, start-up timing and success, facility reliability, reservoir performance and natural decline rates, water handling and drilling progress. Capital expenditures may be affected by cost pressures associated with new capital projects, including labour and material supply, project management, drilling rig rates and availability and seismic costs.



In this news release the Corporation has made assumptions with respect to
the following:
- prices for oil sales;
- oil reserves and resource quantities and the discounted present value
of future net cash flows from these reserves and the ultimate
recoverability of reserves;
- timing and amount of future production, forecasts of capital
expenditures and the sources of financing thereof;
- the amount, nature, timing and effects of capital expenditures;
- plans for drilling wells and the timing and location thereof;
- expectations regarding the negotiation and performance of contractual
rights;
- operating and other costs;
- business strategies and plans of management;
- anticipated benefits and enhanced shareholder value resulting from
prospect development and acquisitions; and
- treatment under the fiscal terms of Production Sharing Contracts and
governmental regulatory regimes.





The Corporation's actual results could differ materially from those anticipated in these forward-looking statements if the assumptions underlying them prove incorrect, or if one or more of the uncertainties or risks described above materializes. Risk factors are discussed in greater detail in filings made by Addax Petroleum with the Canadian provincial securities commissions.

Readers are strongly cautioned that the above list of factors affecting forward-looking information is not exhaustive. Further, forward-looking statements are made as at the date they are given and, except as required by applicable law, Addax Petroleum does not intend, and does not assume any obligation, to update any forward-looking statements, whether as a result of new information or otherwise. The forward-looking statements contained in this new release are expressly qualified by this advisory.

[KaOzz]

Addax Petroleum and Genel Energy Commence International Export From Kurdistan Region of Iraq

12:29 ET, June 1, 2009

CALGARY, Canada, Jun 01, 2009 (PR Newswire Europe via COMTEX) -- Crude Oil From Taq Taq License Area Exported to International Markets

Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC) today announced that, together with partner Genel Energy International Ltd. ("Genel Energy"), it has commenced the international export of oil from the Taq Taq license area. The crude oil is being trucked to the Khurmala station and is then exported to international markets via the Iraq-Turkey main export pipeline which runs to the Mediterranean port city of Ceyhan.

Commenting, Addax Petroleum's President and Chief Executive Officer, Jean Claude Gandur, said: "The international export of oil from the Taq Taq field is an important achievement for Addax Petroleum and a significant occasion for the Kurdistan Region and all of Iraq. Since our entry into the Kurdistan Region of Iraq four short years ago, we have been confident that crude oil exports would ultimately flow into world markets. We are very pleased to have commenced export as this area is poised to be a sizeable contributor to production and reserve growth for Addax Petroleum."

Earlier in 2009, the Kurdistan Regional Government approved a full field development plan submitted by Addax Petroleum and Genel Energy for the Taq Taq field which contemplates peak production of up to 180,000 bbl/d. Existing facilities at the Taq Taq field provide for production capacity of up to 40,000 bbl/d and the Corporation is in the process of expanding the facilities to 70,000 bbl/d of capacity. Following the successful exports by truck, a pipeline is expected to be constructed in support of the full field development.

About Addax Petroleum

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on West Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa and has increased its crude oil production from an average of 8.8 Mbbl/d for 1998 to an average of 134.7 Mbbl/d for the first quarter of 2009. Further information about Addax Petroleum is available at http://www.addaxpetroleum.com or at http://www.sedar.com.

Reader Advisory Regarding Forward-Looking Information

Certain statements contained in this news release, including statements related to business strategy and goals, development plans and schedules and dates that areas may come on-stream, government and partner approvals and statements that contain words such as "may", "will", "would", "could", "should", "anticipate", "believe", "intend", "expect", "plan", "estimate", "budget", "outlook", "propose", "project", and statements relating to matters that are not historical fact constitute forward-looking information within the meaning of applicable Canadian securities legislation.

Forward-looking information in this news release is subject to known and unknown risks and uncertainties attendant with oil and gas operations, and other factors, which include, but are not limited to: imprecision in resources estimates; discovery of prospective resources and their ultimate classification as reserves and recovery of said reserves; commodity prices; general economic, market and business conditions; industry capacity; competitive action by other companies; refining and market margins; the ability to produce and transport crude oil to markets; weather and climate conditions; results of exploration and development drilling and other related activities; the ability of suppliers to meet commitments; actions by governmental authorities, including increases in taxes; changes in environmental and other regulations; international political events; and expected rates of return. More specifically, production may be affected by exploration success, start-up timing and success, facility reliability, reservoir performance and natural decline rates, water handling and drilling progress. Capital expenditures may be affected by cost pressures associated with new capital projects, including labour and material supply, project management, drilling rig rates and availability and seismic costs.

In this news release the Corporation has made assumptions with respect to the following:

- estimates of prospective oil resources;

- timing and amount of future production, forecasts of capital
expenditures and the sources of financing thereof;
- the amount, nature, timing and effects of capital expenditures;
- plans for drilling wells and the timing and location thereof;
- expectations regarding the negotiation and performance of contractual rights;
- operating and other costs;
- business strategies and plans of management; and
- anticipated benefits and enhanced shareholder value resulting from prospect development.


The Corporation's actual results could differ materially from those anticipated in these forward-looking statements if the assumptions underlying them prove incorrect, or if one or more of the uncertainties or risks described above materializes. Risk factors are discussed in greater detail in filings made by Addax Petroleum with the Canadian provincial securities commissions.

Readers are strongly cautioned that the above list of factors affecting forward-looking information is not exhaustive. Further, forward-looking statements are made as at the date they are given and, except as required by applicable law, Addax Petroleum does not intend, and does not assume any obligation, to update any forward-looking statements, whether as a result of new information or otherwise. The forward-looking statements contained in this news release are expressly qualified by this advisory.

[KaOzz]

Addax Petroleum responds to press speculation

9:04 AM ET, June 8, 2009

CALGARY, Jun 8, 2009 (Canada NewsWire via COMTEX) -- Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC) has been made aware of press speculation involving the Corporation and the interest in it by third parties with respect to a possible acquisition or business combination. In response to that press speculation, Addax Petroleum acknowledges that it has held preliminary discussions with third parties expressing an interest in a potential transaction with the Corporation. While such preliminary discussions are ongoing, no assurance can be given that a transaction will be completed. Addax Petroleum does not intend to make further comment unless or until there is a transaction to announce.

About Addax Petroleum

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on West Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa and has increased its crude oil production from an average of 8.8 Mbbl/d for 1998 to an average of 134.7 Mbbl/d for the first quarter of 2009. Further information about Addax Petroleum is available at www.addaxpetroleum.com or at www.sedar.com.

Reader Advisory Regarding Forward-Looking Information

Certain statements contained in this news release constitute forward-looking information within the meaning of applicable Canadian securities legislation. Such statements are generally identifiable by words such as "may", "will", "would", "could", "should", "anticipate", "believe", "intend", "expect", "plan", "estimate", "budget", "outlook", "propose", "project", and statements relating to matters that are not historical fact.

Forward-looking information is subject to known and unknown risks and uncertainties attendant with oil and gas operations, assumptions and other factors which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements which include, but are not limited to: imprecision of reserves and resources estimates; ultimate recovery of reserves; commodity prices; general economic, market and business conditions; industry capacity; competitive action by other companies; refining and market margins; the ability to produce and transport crude oil and natural gas to markets; weather and climate conditions; results of exploration and development drilling and other related activities; fluctuation in interest rates and foreign currency exchange rates; ability of suppliers to meet commitments; actions by governmental authorities, including increases in taxes; decisions or approvals of administrative tribunals; changes in environmental and other regulations; international political events; and expected rates of return. More specifically, production may be affected by exploration success, start-up timing and success, facility reliability, reservoir performance and natural decline rates, water handling and drilling progress. Capital expenditures may be affected by cost pressures associated with new capital projects, including labour and material supply, project management, drilling rig rates and availability and seismic costs.

The Corporation's actual results could differ materially from those anticipated in these forward-looking statements if the assumptions underlying them prove incorrect, or if one or more of the uncertainties or risks described above materializes. Risk factors are discussed in greater detail in filings made by Addax Petroleum with the Canadian provincial securities commissions.

Readers are strongly cautioned that the above list of factors affecting forward-looking information is not exhaustive. Further, forward-looking statements are made as at the date they are given and, except as required by applicable law, Addax Petroleum does not intend, and does not assume any obligation, to update any forward-looking statements, whether as a result of new information or otherwise. The forward-looking statements contained in this news release are expressly qualified by this advisory.

SOURCE: Addax Petroleum Corporation

[KaOzz]

Die Chinesen brauchen Futter für ihren Aufschwung


Reports: Chinese refiner Sinopec mulling takeover of Addax Petroleum, in latest overseas bid

http://www.fox2now.com/business/sns-ap-as-china-sinopec-adda…

[daqsty]

Hab mir jetzt auch ein paar ins Depot geholt

[KaOzz]

hei daqsty!

alles auf eigenes risiko!

Sinopec dementiert Übernahmeangebot für Schweizer Addax

Zürich / Shanghai 15.06.2009 (www.emfis.com) Chinas größter Raffineriebetreiber Sinopec (China Petroleum & Chemical Corp) hat einen Zeitungsbericht dementiert, in dem ein Übernahmeangebot für den schweizer Ölproduzenten Addax angekündigt wurde. Zuvor hatte die britische Sunday Times über ein geplantes 7,9 Milliarden US Dollar hohes Übernahmeangebot berichtet. Ebenfalls berichtet wurde, dass die südkoreanische Nation Oil Corp ein Übernahmeangebot abgegeben hätte.

Sinopecs Huang erkärte später gegenüber der Presse, dass es noch nicht klar sei, oder die chinesische Muttergesellschaft China Petrochemical ein Angebot abgeben werde. Aber bislang sei noch Angebot ausgearbeitet oder abgegeben worden.

Chinas Rohstoffkonzerne haben während der Wirtschaftskrise mehrere Übernahmen geplant. Vor allem die Region Afrika rückte jüngst verstärkt in den Fokus. Addax hält mehrere Lizenzen und Explorationen in Afrika und könnte somit durchaus ein interessantes Investment sein.

Die in Hongkong gelistete Sinopec Aktie verliert heute aufgrund eines rückläufigen Ölpreises um 0,7 Prozent an Wert.

[daqsty]

Antwort auf Beitrag Nr.: 37.395.256 von KaOzz am 15.06.09 17:09:30

Ich habe Addax gekauft weil der Tip vom Taipan kommt. Mit denen hab ich schon viel verdient.

[KaOzz]

Antwort auf Beitrag Nr.: 37.395.296 von daqsty am 15.06.09 17:14:42

Aso,
wann hatn der Michler den Wert empfohlen?

[daqsty]

Antwort auf Beitrag Nr.: 37.395.533 von KaOzz am 15.06.09 17:37:49

Jetzt am Wochenende in der neuen Ausgabe.

[daqsty]

Antwort auf Beitrag Nr.: 37.395.533 von KaOzz am 15.06.09 17:37:49

Hast eine Nachricht bekommen.

[KaOzz]

THX A LOT!

Taipan hat schon auf etliche interessante Aktien aufmerksam gemacht, muss ich mal eingestehen und mir gefällt das Chancen-/Growth-Konzept dieses BBs.


Im Hinergrund exisitert das Problem des Disputs zwischen der Zentralregierung in Bagdad und den autoritären Tendenzen seitens der kurdischen lokalen Administration. Genel gehört auch den Türken und verdient mit am irakischen Öl.

In Baghdad geht alles nur sehr schleppend voran, während im Norden des Landes die Öl- und Gasindustrie gut vorwärts kommt.

Derzeit toleriert Bagdad aber den Aufbau der Industrie und den Verkauf von Öl im Norden, der eigentlich noch nicht gesetzlich abgesegnet ist...


Addax is chancenreich, aber auch schon gut gelaufen die letzten Wochen.

So, muss jetzt erstmal weg!

Beste Grüße



(nur meine Meinung, keine Garantie für Richtigkeit der Angaben)

[KaOzz]

Antwort auf Beitrag Nr.: 37.403.620 von KaOzz am 16.06.09 17:01:38

Indian oil company said to be third bidder for Addax

Addax Petroleum provided a talking a point amid suggestions that the company has been approached by a third "mystery" bidder, possibly a national oil company from India.


http://www.telegraph.co.uk/finance/markets/marketreport/5580…" target="_blank" rel="nofollow ugc noopener">
http://www.telegraph.co.uk/finance/markets/marketreport/5580…

[KaOzz]

Addax Petroleum announces C$52.80 per share cash offer by Sinopec International Petroleum Exploration and Production Corporation

5:25 AM ET, June 24, 2009

CALGARY, Jun 24, 2009 (Canada NewsWire via COMTEX) -- Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC) announced today that it has entered into a definitive agreement (the "Support Agreement") with Sinopec International Petroleum Exploration and Production Corporation ("SIPC") pursuant to which SIPC has agreed, subject to the terms of the Support Agreement, to make an offer to acquire all of the outstanding common shares of Addax Petroleum by way of a negotiated take-over bid (the "Offer") for C$52.80 per common share in cash. The Offer represents a 47% premium to the closing market price on the TSX of the Addax Petroleum common shares on June 5, 2009, the day prior to Addax Petroleum's public announcement that it was in preliminary discussions with parties regarding a potential transaction. SIPC is a wholly owned subsidiary of China Petrochemical Corporation ("Sinopec Group") and undertakes overseas investments and operations in the upstream oil and gas sector. Sinopec Group is China's largest producer and supplier of oil products and major petrochemical products.

The Support Agreement provides for, among other things, customary provisions relating to support of Addax Petroleum's board of directors, non-solicitation and right to match covenants in favour of SIPC and the payment to SIPC of a termination fee of C$300 million if the acquisition is not completed in certain specified circumstances. The obligation of SIPC to take up and pay for Addax Petroleum common shares pursuant to the Offer is also subject to the receipt of certain approvals from the Government of The People's Republic of China. SIPC has agreed to pay a break-up fee of C$300 million in the event that all approvals required to be obtained by SIPC from the Government of The People's Republic of China have not been obtained by August 24, 2009 and Addax Petroleum elects to terminate the Support Agreement. The acquisition of the Addax Petroleum common shares is not conditional on financing.

In connection with the Offer, AOG Holdings BV, a wholly owned subsidiary of the Addax & Oryx Group Ltd, and Jean Claude Gandur, President and Chief Executive Officer of Addax Petroleum, have each entered into lock-up agreements with SIPC pursuant to which they have agreed to, among other things, tender their Addax Petroleum common shares to the Offer. Addax Petroleum's other senior officers and directors will also enter into lock-up agreements. The total lock-up agreements represent approximately 38% of outstanding Addax Petroleum common shares (calculated on a fully-diluted basis).

The Support Agreement also provides that if SIPC acquires not less than 66 2/3% of the outstanding Addax Petroleum common shares under the Offer, SIPC will comply, or cause Addax Petroleum to comply, with the terms of the 3.75% convertible notes of Addax Petroleum due May 31, 2012.

Addax Petroleum's board of directors, after consulting with its financial and legal advisors, has unanimously determined that the Offer is fair to the holders of Addax Petroleum common shares and is in the best interests of Addax Petroleum and has recommended acceptance of the Offer by holders of Addax Petroleum common shares. RBC Capital Markets, the financial advisor to Addax Petroleum's board of directors, has provided an opinion that the consideration to be received by the holders of Addax Petroleum common shares under the Offer is fair, from a financial point of view, to such holders.

Commenting, Addax Petroleum's President and Chief Executive Officer, Jean Claude Gandur, said: "We are pleased that Sinopec has recognised the highly attractive asset portfolio and exceptional team that we have assembled at Addax Petroleum. The efforts and accomplishments that Addax Petroleum has achieved thus far will be built on through increased investment in the business and acceleration of development and exploration plans. While Addax Petroleum will cease to be a publicly traded company, we look forward to continuing our business in the countries in which we operate for the benefit of all stakeholders."

Formal documentation relating to the take-over bid is expected to be mailed by SIPC in early July 2009. The Offer will be open for acceptance for a period of not less than 35 days and will be conditional upon, among other things, valid acceptance of the Offer by Addax Petroleum shareholders owning not less than 66 2/3% of the outstanding Addax Petroleum common shares (calculated on a fully-diluted basis). In addition, the Offer will be subject to certain customary conditions, relevant regulatory approvals including the receipt of approval from the Government of The People's Republic of China and the absence of any material adverse change with respect to Addax Petroleum. SIPC may waive certain conditions of the Offer in certain circumstances. If the Offer is successful, SIPC has agreed to take steps available to it under relevant securities laws to acquire any remaining outstanding Addax Petroleum common shares.

RBC Capital Markets is acting as financial advisor and Fasken Martineau DuMoulin LLP is acting as legal counsel to Addax Petroleum and Osler, Hoskin & Harcourt LLP is acting as legal counsel to the Board of Directors of Addax Petroleum.

[soulmate81]

habe Freitag das Übernahmeangebot/Umtauschangebot bekommen.

was passiert eigentlich, wenn man es nicht annimmt?

[royal_punter [Verein]]

Antwort auf Beitrag Nr.: 37.599.959 von soulmate81 am 18.07.09 19:39:56

Dann stimmst man logischerweise gegen eine Übernahme.

[soulmate81]

meine schuld, dass ich die frage nicht präziser gestellt habe

trotzdem danke

[royal_punter [Verein]]

Antwort auf Beitrag Nr.: 37.600.420 von soulmate81 am 18.07.09 23:17:23

ich nehm mal an, Du bist nicht ganz sicher, ob sich irgendwelche nachteilhaften folgen für Dich ergeben, falls Du nichts machst?

Ich weiß es ehrlich gesagt auch nicht... Ich hab immer kurz vor der direkten Übernahme durch fremde AGs verkauft. Hier übernimmt ja ein Staatskonzern und zahlt die Abfindung in bar.

Ich schätze mal es gibt ein Circular bei SEDAR bzw auf der HP dazu oder in dem Brief stehen schon alle Details zu den offenen Möglichkeiten und deren Folgen.
Die Manager haben sich positiv geäußert...

Falls die Übernahme durchgeht, kriegt man ja die Barauszahlung, oder man verkauft jetzt und erhält den Preis direkt an der Börse (sicherer falls die Übernahme scheitert und kein neues Angebot vorgelegt wird).

Kann natürlich sein, dass die Übernahme von der Mehrheit abgelehnt wird...Aber das Angebot ist eigtl soweit in Ordnung.



(nur meine Meinung, keine Handelsempfehlung, keine Garantie auf Richtigkeit)

[KaOzz]

================================================================



Naja, das wars dann wohl. Die Chinesen übernehmen den Laden jetzt:

Addax Petroleum announces Sinopec's receipt of approvals from The People's Republic of China

1:25 PM ET, August 10, 2009

CALGARY, Aug 10, 2009 /PRNewswire-FirstCall via COMTEX/ -- Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC) today announced that it has received confirmation from Sinopec International Petroleum Exploration and Production Corporation ("SIPC") that it has obtained all approvals required from the relevant Government Entities of The People's Republic of China ("PRC Approvals") in order for SIPC and Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), an indirect wholly-owned subsidiary of SIPC, to complete the acquisition of Addax Petroleum. SIPC has also confirmed that receipt of the PRC Approvals satisfies the condition to the offer for Addax Petroleum dated July 9, 2009 (the "Offer") made by Mirror Lake that the PRC Approvals be obtained.

The Offer is subject to a number of conditions including valid acceptances by holders of not less than 66 2/3 per cent of Addax Petroleum shares on a fully diluted basis. The Offer is expected to close in the third quarter of 2009.



=============================================================




Würde mich dafür interessieren, was aus den Managern wird, wie die abgefunden werden und was sie in Zukunft machen wollen:



Jean Claude Gandur, President, Chief Executive Officer and Director



Jean Claude Gandur, President, Chief Executive Officer and Director Mr. Gandur is the President and Chief Executive Officer of Addax Petroleum Corporation. Mr. Gandur has worked with major commodity traders including Philipp Brothers from 1976 to 1983, where he was Manager of the African/Latin American division; Sigmoil Resources N.V. from 1984 to 1986, where he was the Managing Director; and Kaines SA from 1986 to 1988, where he was the Managing Director. For ten years Mr. Gandur was honorary consul for the Republic of Congo in Geneva. Mr. Gandur was also awarded a diplomatic passport by Senegal. In addition, he has received the decorations of Grand Officer of the Lion Order of Senegal and Commander of the National Order of Benin. Mr. Gandur is one of the founders of AOG, of which he is Chairman of the Supervisory Board. Mr. Gandur is also the Non-Executive Chairman of AXMIN Inc. Mr. Gandur is a Swiss citizen and studied law at the University of Lausanne, Switzerland.



James Pearce, Chief Operating Officer



James Pearce, Chief Operating Officer Mr. Pearce is the Chief Operating Officer of Addax Petroleum Corporation. Mr. Pearce is responsible for all of Addax Petroleum’s upstream activities including new ventures, exploration, new fields development and operations in West Africa and the Middle East. Mr. Pearce joined Addax Petroleum in May, 2005 after 30 years with various Chevron subsidiaries. He has held many positions with Chevron including Chief Engineer in Sumatra Indonesia, Manager, Petroleum Engineering in Lagos, Nigeria, General Manager, Asset Development in Luanda, Angola, Managing Director in the Republic of Congo, and most recently General Manager, Deepwater in Lagos, Nigeria. In his most recent assignment with Chevron he was responsible for all deep-water operations in Nigeria including the multi-billion dollar development of the giant Agbami field.

Mr. Pearce holds a PhD in Mechanical Engineering from the California Institute of Technology and has received two US Patents for innovative drilling platform concepts for arctic operations. Mr. Pearce is a Member of the Society of Petroleum Engineers and was past Chairman of the Lagos Chapter. He has published in both international and American journals and has made numerous technical presentations at major conferences.



Michael Ebsary, Chief Financial Officer



Michael Ebsary, Chief Financial Officer Mr. Ebsary is the Chief Financial Officer of Addax Petroleum Corporation. Mr. Ebsary worked at the Bank of Nova Scotia from 1986 to 1987 and the Bank of Montreal from 1987 to 1989, prior to joining the international upstream oil business with Occidental in London in 1989. Following the acquisition of Occidental’s U.K. assets by Elf, Mr. Ebsary was appointed Treasurer of Elf Petroleum UK in 1991. In 1994, Mr. Ebsary was transferred to Elf’s head office in Paris to the role of Senior Manager, Project Finance, during which time his responsibilities included major project financings in emerging markets, particularly in Nigeria, Chad and Cameroon. Mr. Ebsary joined Addax Petroleum in 1998 and became Chief Financial Officer in 1999. Mr. Ebsary is a citizen of both Canada and the United Kingdom and studied mathematics and statistics, followed by an MBA in finance and accounting, at Queen’s University in Kingston, Canada.



David Codd, Chief Legal Officer and Corporate Secretary



David Codd, Chief Legal Officer and Corporate Secretary Mr. Codd is the Chief Legal Officer and Corporate Secretary of Addax Petroleum Corporation. Mr. Codd has over 25 years experience in the international oil industry. After qualifying with a major UK law firm, Mr Codd worked from 1980 to 1984 for Burmah Oil. In 1984 he joined Britoil Plc as Senior Legal Adviser. Following two years with ConocoPhillips in the UK, in 1990 he was appointed General Counsel to Texaco’s integrated operations in the UK. From 1999 to 2001 Mr. Codd was Managing Director of Texaco in the UK, being Texaco’s senior corporate representative in the UK with business responsibility for Texaco’s regional upstream Business Development. Following Texaco’s merger with Chevron, Mr. Codd was Chairman of a start up company engaged in project development work in the Middle East until he joined Addax Petroleum in February 2005. Mr. Codd is a member of Council of the Energy Institute in the UK and a Trustee of the Energy, Petroleum, Mineral and Natural Resources Education Trust. Mr. Codd is a citizen of the United Kingdom and is a solicitor with an MA (Jurisprudence) and a BCL both from Oxford University.

[KaOzz]

Antwort auf Beitrag Nr.: 37.750.322 von KaOzz am 11.08.09 00:20:35

Die Kursstellung wird dann demnächst beendet werden.

Sinopec International Pays for Addax Petroleum Corporation Shares and Will Appoint New Addax Petroleum Board of Directors

http://www.addaxpetroleum.com/press_room/158

---

Sinopec Group Completed the Acquisition of Addax

http://www.addaxpetroleum.com/press_room/159

[KaOzz]

Antwort auf Beitrag Nr.: 37.809.706 von KaOzz am 19.08.09 13:43:11

Am 5. Oktober wird die Addax von der Börse genommen:

http://www.addaxpetroleum.com/_media/Request%20to%20cancel%2…


Für die Schuldscheininhaber (Anleihenhalter):

http://www.addaxpetroleum.com/_media/Notice%20of%20Revised%2…

[royal_punter [Verein]]

[royal_punter [Verein]]