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laksaman57 Supreme	19-Apr-2017 09:29        laksaman57 About Contact  Quote this Post!
x 0   x 1  Alert Admin	Potential rights issuance if still no willing deep pocket partner ?
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Siwomp Supreme	19-Apr-2017 09:13        Siwomp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Market depth.......totally no vol............can go up or down very fast.......
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alishan Senior	18-Apr-2017 20:28        alishan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kris Energy is lau kui stock.   Yesterday Dow cheong hiong hiong and oil was steady, but today Kris crashed liau liau.   This is a sign of lau kui stock.   I am talking a fact that everybody now starts realizing it.
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Siwomp Supreme	18-Apr-2017 16:51        Siwomp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Get keppel to take it private lah............ then everyone happy.    :p
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laksaman57 Supreme	18-Apr-2017 16:38        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bank loan ? ...think bank phobia liao Bond ? ...think no appetite liao Rights ?
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laksaman57 Supreme	18-Apr-2017 16:34        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dont think it has the financial muscle as it has in the past, otherwise it would have announced it already, considering the cambodia deal must be known much earlier.
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TraderBen Supreme	18-Apr-2017 15:59        TraderBen About Contact  Quote this Post!
x 1   x 0  Alert Admin	got kepcorp as supporter.. nothing to be worried..
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Siwomp Supreme	18-Apr-2017 15:35        Siwomp About Contact  Quote this Post!
x 1   x 0  Alert Admin	No volume..............sianz.....
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laksaman57 Supreme	18-Apr-2017 15:33        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If cant find partner yet need money to start the cambodia oil block, how else to find the money ?
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HB8289 Master	18-Apr-2017 15:28        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Volume is low and someone trying to create some panic   maybe or   could be something coming
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TraderBen Supreme	18-Apr-2017 15:23        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	simi taiji sia..
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HB8289 Master	18-Apr-2017 09:00        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Result seem   ok but strangely the price is not improving ???
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ruready Supreme	11-Apr-2017 15:43        ruready About Contact  Quote this Post!   Yells: "Follow the micro penny , May be this is the last train"
x 0   x 0  Alert Admin	Bb scoup n go go go
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HB8289 Master	11-Apr-2017 08:30        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Crude is above $53 and Bent crude is above $56 theroically should price above 0.196 base on past price peg to oil but hanging 0.186 & below ???
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sheerluck Supreme	10-Apr-2017 16:00        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 1   x 0  Alert Admin	KRIS has moved alot.   Just not up or down only sideway.   Still considered " moving" right? HB8289      ( Date: 05-Apr-2017 16:50) Posted: Why are you not moving
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HB8289 Master	10-Apr-2017 15:44        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Revenue (US$) 142.8 million (2015: 60.2 million) EBITDAX (US$) 51.1 million (2015: 37.2 million) Lifting Cost (US$) 13.85/boe (2015: 8.63/boe) Realised Oil And Liquids Sales Price (US$) 30.99/bbl (2015: 40.18/bbl) Realised Gas Sales Price (US$) 3.60/mcf (2015: 4.45/mcf) (excludes Bangladesh) Loans & Borrowings (US$) (as at 31 December) 417.0 million (2015: 304.6 million) Gearing (as at 31 December) 62% (2015: 38%) Oil & Gas Assets (US$) (as at 31 December) 714.8 million (2015: 862.5 million)    2017 Financial outlook It is without question, 2016 provided for one of the most tumultuous years in the global oil and gas industry. The successful completion of the restructuring was a critical first step and our focus for 2017 remains defined where we intend to allocate our capital resources to existing production and near-term developments in order to build the foundations to grow production, revenues and free cash flow in future years. The 26.6666% farm down of our working interest in Block A Aceh in 2016 was the first transaction forming part of an overall asset rationalisation program and we intend to progress our efforts and complete the transactions relating to the asset realisation program   in the second half 2017. Production this year is expected to remain in line with 2016 levels, however, we do expect an incremental increase in gross production from the Wassana field, where we plan to drill infill wells, and at the Bangora gas field, onshore Bangladesh, following completion of the B-6 development well in January 2017. Planned 2017 capital expenditure is US$121.5 million, an increase of 84% from 2016.   We continue to manage capital expenditure and our strategic focus to allocate capital to producing and development assets, which account for 92.0% of the Group&rsquo s 2017 work program and budget directed to our five producing blocks, as well as the Cambodia Block A and the Block A Aceh development projects. In line with the new business plan, we expect our share of production and capital expenditure moving forward to decline year-on-year where we successfully execute the transactions relating to the asset rationalisation program. There continues to be a great deal of uncertainty in the oil markets and as such, our balance sheet remains susceptible to the impact   of a protracted depression in oil prices. Fundamental to our future financial strength will be our efforts to bolster the balance sheet   and manage and reduce operating expenditures. The support from   all stakeholders has been immense and we will continue to strive   to fully inform all parties as we progress through the roll out of the new business plan in 2017.     Cash For the year ended 31 December 2015, net cash flow from operating activities and net cash flow used in investing activities were restated due to reclassification of non-cash gain on transfer and assignment of working interest amounting to US$34.1 million from investing activities to operating activities. For the year ended 31 December 2016, net cash flow used in operating activities amounted to US$4.3 million, compared with net cash flow from operating activities of US$51.3 million in 2015. The net loss after tax in 2016 of US$237.1 million was primarily incurred as a result of non-cash items amounting to US$384.4 million, which relates to (i) DD& A of US$104.5 million (ii) impairment charges of US$121.0 million (iii) gain on transfer and assignment of Cambodia Block A working interest of US$81.0 million and (iv) write-off charges of US$77.9 million. Net cash flow from investing activities decreased to US$77.1 million in 2016 (2015: US$211.1 million) following completion of development drilling at the Wassana and Nong Yao oil fields in 2015 and early 2016. Material movements in capital expenditure in 2016 include (i) development activities in Block A Aceh and G11/48 amounting to a total of US$50.2 million and (ii) expenditure relating to seismic acquisition and development well workovers in G10/48 amounting to US$7.3 million. Net cash flow generated from financing activities increased 47.7% to US$91.2 million in 2016 (2015: US$174.4 million). In 2016, US$113.3 million was drawn from the RCF, and we paid coupon payments amounting to US$15.3 million in relation to the 2017 Notes and the 2018 Notes.   Our assets are largely in shallow waters in well-explored geological basins. We operate 10 of our 16 assets, giving us control of the work programs and budgets and therefore the flexibility to optimise   operations such as drilling and seismic acquisition as well as the   timing of expenditure. We aim to balance our reserves, resources and production between   oil and gas. Commercial oil discoveries are quicker to develop and   sell into a ready international spot market at a higher value than   the gas equivalent, but the latter is generally sold in Asia under   long-term supply contracts and is less vulnerable to the volatility   of global benchmark oil prices.  The Portfolio As at 15 March 2017, KrisEnergy held working interests   in 16 contract areas in five countries. Our five producing assets &ndash B8/32, B9A, Wassana in G10/48, Nong Yao in G11/48 and Bangora in Block 9 &ndash provide cash flow with which we plan to develop our discoveries. Our development portfolio comprises the Wassana satellite oil accumulation, the Rossukon oil field in G6/48, the Apsara oil field in Cambodia Block A, all in the Gulf of Thailand   the Block A Aceh gas fields onshore Sumatra and the Lengo gas field in the Bulu PSC offshore East Java, both in Indonesia.   KrisEnergy holds interests in five blocks with potential development projects, four of which it operates. Aside from the non-operated   Block A Aceh gas development in Indonesia, where construction   commenced in 2016, it is our intention under the new business plan   to focus medium-term capital outlay and technical resources in the Gulf of Thailand, including Cambodia.   &bull G10/48, Wassana satellite: Technical work is underway for   the potential development of a satellite oil accumulation   within the Wassana Production Area, production from which   would be processed through the existing Wassana facilities. &bull Cambodia Block A, Apsara: On 7 October 2016, the Cambodian   authorities approved the transfer of 28.5% and 14.25% working   interest in Cambodia Block A from Mitsui Oil Exploration Co.   Ltd and GS Energy Corporation, respectively, to KrisEnergy.   As of completion, KrisEnergy&rsquo s working interest in Cambodia   Block A increased from 52.25% to 95.0%. We have worked   closely with the authorities and expect the final documentation   for the Apsara development to be signed during 2017. &bull G6/48, Rossukon: The Reservation Area application was   approved in April 2016. The new G6/48 acreage stands at 284   sq. km, down from 566 sq. km. The concession comprises two   separate areas including the Rossukon Production Area, which   holds the Rossukon oil accumulation. Design concept and   reservoir simulation is ongoing for the Rossukon oil   development. &bull Block A Aceh PSC, Indonesia: The joint-venture partners   approved the final investment decision for the gas   development on 26 July 2016 following the award of the   first and second engineering procurement and construction   contracts for the flowlines, trunklines and pipelines in March   and July, respectively. Construction is underway and first gas   is envisaged in late 2018. &bull Bulu PSC, Lengo: The Environmental Impact Assessment for   the Lengo gas development, offshore East Java, was approved   by the Ministry of Environment. Six companies qualified for   the engineering, procurement, construction and installation   tender, which has been deferred while negotiations continue   on a gas sales agreement.   Exploration assets Exploration drilling has been deferred as much as possible as we focus on production and development. Activity has been minimal   with a single 3D seismic acquisition program completed in 2016   on the G10/48 contract area and a non-operated exploration well drilled in the Nong Yao field in G11/48. Prudent farm-out efforts are ongoing to reduce exploration risk   exposure in the Bala-Balakang PSC, East Seruway PSC and Udan Emas PSC in Indonesia, and Block 115/09 and Block 120 offshore Vietnam. &bull G10/48: The CGG Amadeus completed on 17 August 2016   an 884 sq. km 3D seismic acquisition program covering two   sub-areas in the G10/48 licence. The seismic data has been   integrated with the existing geological model for the   identification of drilling locations for additional prospects   and leads in the concession. &bull G11/48: The Nong Yao C-1 exploration well reached total depth   at 5,003 feet MD (1,525 metres MD), or -4,277 feet TVDSS.   The well was plugged as a sub-commercial oil discovery.   Statement of financial position US$ Assets Oil and gas properties 27,438,390 Trade and other receivables 12,940,349 Inventories 1,369,052 Cash and bank balances 785,445 42,533,236 Liabilities Trade and other payables 45,805,696 Accrued operating expenses 1,199,034 Provisions 636,445 47,641,175 Total identifiable net liabilities at carrying amount (5,107,939) Intra-group settlement (3,892,190) Gain on disposal of subsidiary 10,607,140 Consideration received in cash 1,607,011 Less: cash and bank balances (785,445) Net cash inflow on disposal 821,566 Fair Value Recognised On Acquisition Statement of financial position US$ Assets Exploration and evaluation assets 79,668,776 Investment securities 216,000 Trade and other receivables 5,501,025 Prepayments 10,048 Inventories 10,136,647 95,532,496 Liabilities Trade and other payables 23,051,025 Accrued operating expenses 174,473 Tax payables 118,474 Provisions 1,280,662 Total identifiable net liabilities at fair value 24,624,634 Total identifiable net assets at fair value 70,907,862 Intra-group settlement 22,542,085 Excess of fair value of net assets acquired over consideration paid (42,993,442) Net cash outflow on acquisition 50,456,505
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HB8289 Master	05-Apr-2017 16:50        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Why are you not moving
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HB8289 Master	31-Mar-2017 09:39        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Counter moving soon
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HB8289 Master	30-Mar-2017 17:07        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Unfortunately the crude slide below   USD 49.50 ..but Good close @0.188 if crude oil pass USD50 tonight then tomorrow will be interesting to watch 0.20cts maybe coming sooner then later
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HB8289 Master	30-Mar-2017 12:52        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Crude oil have when up to USD 49.50 so should the share move up again let see if I am correct
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