NZ Oil & Gas (NZO)

[ziggy415]

anybody with the slightest intelligence would have understood what i meant....i never expected you to get it

the "truth" will set you free......where have i heard that quote before...it will come to me..ha ha

[Balance]

anybody with the slightest intelligence would have understood what i meant....i never expected you to get it

Ok, make it 'for every 100,000 Pike River shares sold, 100,000 Pike River shares are bought.'

Better?

[ziggy415]

i see page 9 of interim report....Kisaran "plan of developement being drafted...production hoped for 2015".......any snippet is good news to a true noggers.....with the share price being a tad soft even balance must be tempted to join the noggers flock

[Mr Tommy]

i see page 9 of interim report....Kisaran "plan of developement being drafted...production hoped for 2015".......any snippet is good news to a true noggers.....with the share price being a tad soft even balance must be tempted to join the noggers flock

Bit more detail on page 5. Hopefully Pateke-4 might also be producing by 2015

Meanwhile analysis has begun on the results of two
wells in Indonesia. Drilling in the Kisaran production
sharing contract produced oil and gas in 2013. The two
discoveries were quite different and we are working
through an appraisals process, which will be followed
by a plan of development.
The plan of development must be approved by the
regulator. Under a production sharing contract
development costs are recovered by the explorer
before the explorer and regulator share revenue, so the
regulator needs to be comfortable with the timelines and
costings in the plan.
Although there were discoveries in both Sumatra wells,
the data is complex and so I don’t expect to see a plan of
development this financial year.

[arjay]

Encouraging, although if they don't expect to see a development plan emerge this FY then perhaps next FY is a tad optimistic for actual production to begin?

[Joshuatree]

Pateke-4H drilling update Still looks very promising!!

[ziggy415]

i see the sell side is getting bit top heavy....is this punters selling to get cash for genesis or is there something about pateke we dont know about

[fish]

my guess is those that elected shares instead of cash dividend are selling a few -perhaps for genesis but probably diverse reasons

[ziggy415]

my guess is those that elected shares instead of cash dividend are selling a few -perhaps for genesis but probably diverse reasons

some large sells with only 2 or 3 sellers suggest to me that there more than bonus shares but hey im not that clever cos im still working for a living....maybe i could start a kiwi saver fund......ziggy kiwi saver.....hmmm

[ziggy415]

some large sells with only 2 or 3 sellers suggest to me that there more than bonus shares but hey im not that clever cos im still working for a living....maybe i could start a kiwi saver fund......ziggy kiwi saver.....hmmm

then i could get balance as my PA....look good in a skirt i reckon