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  1. #291
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    Quote Originally Posted by shasta View Post
    OEL update on Galoc - Disappointing that "First Oil" in now anticipated Mid Sept. (Nearly 6 months delayed!)

    http://www.stocknessmonster.com/news...E=ASX&N=419130

    Tricha, whilst i'm impressed with OEL's portfolio of O&G assets, the failure to bring Galoc into production on time has ruined the momentum that OEL had.

    It has highlighted to me the inherent risks that even near term producers have, so much so, that i wouldn't invest into an O&G company now that wasn't already producing...

    I'm happy to watch from the sidelines for now
    Yes a real poor result Shasta, u made the right move in taken the money and running.
    This outfit doing the hookup is a bunch of dunces, this should be a simple operation.

    WELL , I am just going to be patient a little longer.

    I hope
    '''''''''''''''''''''''
    '''''''''''''''''''''''''''''''''''''''''''''''''' '''''''''''''''''''''''''''''''''''''''''''''''
    http://www.youtube.com/watch?v=QovBLFZhQME

  2. #292
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    What is "accelerated corrosion of hydraulic fittings"?

    Sounds like a few quality control problems down at the procurement end. Surely they must have been sitting in ordinary seawater? Is that meant to cause accelerated corrosion? Or they were so rough they stripped the galvanising/threads, etc...

    Can Bermuda or Oiler give us any clues?
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.

  3. #293
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    Quote Originally Posted by AMR View Post
    What is "accelerated corrosion of hydraulic fittings"?

    Sounds like a few quality control problems down at the procurement end. Surely they must have been sitting in ordinary seawater? Is that meant to cause accelerated corrosion? Or they were so rough they stripped the galvanising/threads, etc...

    Can Bermuda or Oiler give us any clues?
    OEL's presentation at the "Good Oil Conference"

    http://www.stocknessmonster.com/news...E=ASX&N=419695

    Highlights the potential that lies ahead (c'mon Galoc!)

  4. #294
    Junior Member
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    May 2008
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    Smile

    Not long now.....Within the next 2 weeks there will be some VERY good news, Im sure long waiting share holders will finally smile upon this company..Lets just hope there is no more typhoons huh???Ive just bought a few of NDO, Im confident galoc will finaly flow, Im smiling already..Early x-mas.

    Is anyone else holding NDO?

  5. #295
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    May 2008
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    6

    Default :(:(:(:(:(

    I cant find my SRN number thats was sent from australia when I purchaced OEL, I called direct broking to find out why and the got my adress wrong, they missed out my apartment number:mad::mad::mad:
    So they are requesting a copy for me, they couldent provide me with a time, they told me to call computer share in australia, so I did, and they charged me $33 for a statement to be sent to my CORRECT adress!!!!!!!!!I cant do anything without my SRN number argh!!!!!

    Sorry I just needed to shed some frustration, I HOPE they get my address right with my NDO purchace!!!!!

  6. #296
    Legend shasta's Avatar
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    Quote Originally Posted by bombsquad View Post
    I cant find my SRN number thats was sent from australia when I purchaced OEL, I called direct broking to find out why and the got my adress wrong, they missed out my apartment number:mad::mad::mad:
    So they are requesting a copy for me, they couldent provide me with a time, they told me to call computer share in australia, so I did, and they charged me $33 for a statement to be sent to my CORRECT adress!!!!!!!!!I cant do anything without my SRN number argh!!!!!

    Sorry I just needed to shed some frustration, I HOPE they get my address right with my NDO purchace!!!!!
    OEL update on Galoc (via NDO)

    http://www.stocknessmonster.com/news...E=ASX&N=420700

  7. #297
    Legend shasta's Avatar
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    Quote Originally Posted by shasta View Post
    NDO - Ann: Galoc Proved Reserves increase over 60%

    http://www.stocknessmonster.com/news...E=ASX&N=421126

    Now to get the oil flowing, & then i'll have another look at OEL

  8. #298
    Legend shasta's Avatar
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    Quote Originally Posted by shasta View Post
    NDO - Ann: Galoc Proved Reserves increase over 60%

    http://www.stocknessmonster.com/news...E=ASX&N=421126

    Now to get the oil flowing, & then i'll have another look at OEL
    Good to see OEL releasing Galoc updates under there own ticker code!

    C'mon first oil

    http://www.stocknessmonster.com/news...E=ASX&N=421469

  9. #299
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    Quote Originally Posted by shasta View Post
    Good to see OEL releasing Galoc updates under there own ticker code!

    C'mon first oil

    http://www.stocknessmonster.com/news...E=ASX&N=421469
    OEL - Resource estimate for the Turkish Gas Field (Edirne)

    http://www.stocknessmonster.com/news...E=ASX&N=421778

    First time we have had an indication of the gas potential...

    First oil from Galoc, Gas from Edirne, & the upcoming Gazatta (gas) drill provide plenty of short term upside...

  10. #300
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    Quote Originally Posted by shasta View Post
    OEL - Resource estimate for the Turkish Gas Field (Edirne)

    http://www.stocknessmonster.com/news...E=ASX&N=421778

    First time we have had an indication of the gas potential...

    First oil from Galoc, Gas from Edirne, & the upcoming Gazatta (gas) drill provide plenty of short term upside...
    OEL - Galoc Update (First oil now likely 1st week Oct?)

    http://www.stocknessmonster.com/news...E=ASX&N=421915

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