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Alpha Energy - Looking forward to 6000 BOPD Post Reply Rate topic
HendriJB Supreme	21-Nov-2019 11:14        HendriJB About Contact  Quote this Post!   Yells: "Breathe, Step Back - Think "
x 0   x 0  Alert Admin	Hi Pikachaimai what is the right price Pikachaimai      ( Date: 21-Nov-2019 10:57) Posted: IMO, the report they annouced said clearly this company needs money (report they sent out during the halt). " Projection on the use of funds/cash for the next immediate quarter, including principal assumptions:- For the next immediate quarter ending 31 December 2019 (&ldquo 4Q 2019&rdquo ), the funds/cash are expected to be used for the following activities:-  Total 10,675,000 As compared to the actual expenditure incurred in 3Q 2019, the increase in projected expenditure in 4Q 2019  is  attributed to deferment of lease operating expenditure from 3Q 2019 and the expected costs incurred for surface development and other field related expenditure." Creditors asked for immediate payment means they doubt the coy who annouced that they found oil, can sustain. Money not flowing into the coy yet..  Prospects may sound good but in reality there are alot of hidden costs yet to be annouced. not sure when they will lift suspend, but if lifted, I see a px will go back to rights price. IMO
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Pikachaimai Senior	21-Nov-2019 10:57        Pikachaimai About Contact  Quote this Post!
x 0   x 0  Alert Admin	IMO, the report they annouced said clearly this company needs money (report they sent out during the halt). " Projection on the use of funds/cash for the next immediate quarter, including principal assumptions:- For the next immediate quarter ending 31 December 2019 (&ldquo 4Q 2019&rdquo ), the funds/cash are expected to be used for the following activities:-  Total 10,675,000 As compared to the actual expenditure incurred in 3Q 2019, the increase in projected expenditure in 4Q 2019  is  attributed to deferment of lease operating expenditure from 3Q 2019 and the expected costs incurred for surface development and other field related expenditure." Creditors asked for immediate payment means they doubt the coy who annouced that they found oil, can sustain. Money not flowing into the coy yet..  Prospects may sound good but in reality there are alot of hidden costs yet to be annouced. not sure when they will lift suspend, but if lifted, I see a px will go back to rights price. IMO
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gravity8888 Supreme	20-Nov-2019 23:20        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks guys.. Now let hope that the counter will be unsuspense soon
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kt3152 Supreme	20-Nov-2019 21:31        kt3152 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Charisma went into oil and gas biz but din do well. Stuck with four oil rigs which ezion want to buy over earlier on but some how din sell to them. Went into solar energy also din do well when other solar energy company are booming. Sigh. Lousy mgt... gravity8888      ( Date: 20-Nov-2019 21:15) Posted: Didn't read on charisma.. They are not in the same business with alpha right
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Justice888 Supreme	20-Nov-2019 21:20        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Charisma don?t have oil field . gravity8888      ( Date: 20-Nov-2019 21:15) Posted: Didn't read on charisma.. They are not in the same business with alpha right
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gravity8888 Supreme	20-Nov-2019 21:15        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Didn't read on charisma.. They are not in the same business with alpha right
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gravity8888 Supreme	20-Nov-2019 21:02        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow all linked to ezion all like jialat.. Hope alpha not the same
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kt3152 Supreme	20-Nov-2019 20:27        kt3152 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No money. Charisma energy also the same and is also suspended..... teeth53      ( Date: 20-Nov-2019 16:11) Posted: Thk. Think it mean or not taking up mean going no goid, cheaper or they don have this $$$. kt3152      ( Date: 20-Nov-2019 14:15) Posted: Before the rights, ezion is holding 106m shares which is 14.1%. Since it did not take up the rights.  its holding diluted to 4.7%.  you can refer to SGX announcement dated 26 Jun 2019 on rights.....
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gravity8888 Supreme	20-Nov-2019 17:00        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hahaha.. Maybe suspense now is the right time.. But hope not too long
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makdatok Supreme	20-Nov-2019 16:46        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Waaa..Many oil counters taking a hit..but alpha remains unchanged!!..hehee
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teeth53 Supreme	20-Nov-2019 16:11        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Thk. Think it mean or not taking up mean going no goid, cheaper or they don have this $$$. kt3152      ( Date: 20-Nov-2019 14:15) Posted: Before the rights, ezion is holding 106m shares which is 14.1%. Since it did not take up the rights.  its holding diluted to 4.7%.  you can refer to SGX announcement dated 26 Jun 2019 on rights...... teeth53      ( Date: 20-Nov-2019 13:22) Posted: https://www.alphaenergy.com.sg/ Ezion Holdings 14.10% and public 53.30% in Alpha Energy
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kt3152 Supreme	20-Nov-2019 14:15        kt3152 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Before the rights, ezion is holding 106m shares which is 14.1%. Since it did not take up the rights.  its holding diluted to 4.7%.  you can refer to SGX announcement dated 26 Jun 2019 on rights...... teeth53      ( Date: 20-Nov-2019 13:22) Posted: https://www.alphaenergy.com.sg/ Ezion Holdings 14.10% and public 53.30% in Alpha Energy. Jesmar      ( Date: 20-Nov-2019 12:08) Posted: My broker advised such negotiation usu take 6-12 months as may need restructuring or issuance of new shares or other T & C. In some cases couple of years. Take recent examples like Falcon, Ezion,Noble or Kris....months still susp. Once a share goes susp it' s serious problems dont expeect quick resolution.
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makdatok Supreme	20-Nov-2019 14:10        makdatok About Contact  Quote this Post!
x 1   x 0  Alert Admin	Those who invested base on other ppls view then blame them r useless according to me..Earn no respect
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fighting Master	20-Nov-2019 13:47        fighting About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sometimes I made decision based on forum's comments and made big profit, of course sometimes making a loss. Its all our own decision buddy. UncoolChip5      ( Date: 20-Nov-2019 07:53) Posted: To all friends who trade and using this as a platform to get info. I would say don't take advice that filled with hope and no fundamental + technical analysis. I've bought this since 26 and went up to 44, when I am determining is it time to sell by asking real questions like sure the finances are good or technicals selling seems like the chart is weak already at around 38-36, all I get is personal attack that I'm a shortist and questioning my question because to the majority if I long, I shouldn't be negative. I thought a forum is to have constructive discussion on blind spots. Instead of shooting me personal attack, you all should go double check on Financials to know if they over borrow or missed out a payment / analyze again the technicals. Those hopeful people only listen to words that comfort them despite the truth being shared. Please guys, you all continue like that you all sure lose money one. No wonder big boys don't mind winning from you all, coz you all deserve it any way Jesmar      ( Date: 19-Nov-2019 20:55) Posted: Alpha has sucked out a big chunk of liquidity from the market. Retailers overreact to the little oil production forgetting they borrowed heavily for ti's oil production. Its like they show hand on the oil production. Whatever money can get now or borrowed spend first. Whether the oil will come later big question mark bcos money spent no $ to go production. Quite typical of local company esp ezion linked.... I never bot much but just felt could be a con job. Hope I m wrong.
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teeth53 Supreme	20-Nov-2019 13:22        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	https://www.alphaenergy.com.sg/ Ezion Holdings 14.10% and public 53.30% in Alpha Energy. Jesmar      ( Date: 20-Nov-2019 12:08) Posted: My broker advised such negotiation usu take 6-12 months as may need restructuring or issuance of new shares or other T & C. In some cases couple of years. Take recent examples like Falcon, Ezion,Noble or Kris....months still susp. Once a share goes susp it' s serious problems dont expeect quick resolution.
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HendriJB Supreme	20-Nov-2019 13:16        HendriJB About Contact  Quote this Post!   Yells: "Breathe, Step Back - Think "
x 0   x 0  Alert Admin	17 November 2019 Alaska & independents Mustang partner says North Slope offers clear, level path for small companies by Kay Cashman (Petroleum News) Majid Jourabchi, president of Thyssen Petroleum, and a partner in Mustang, the first oil field that a small independent has taken from discovery to production on the North Slope, thinks Alaska is a good place for investment under the current system. As far as an independent on the North Slope, I believe that going forward more and more independents will look into Alaska. Major oil companies will concentrate on new fields while the independents can develop smaller fields that fit their economic capability and appetite, he told Petroleum News Nov. 11. The independents and state of Alaska have had growing pains and all of us are still suffering from the effects of it. Going forward we are not looking for any new programs that favor an independent or a major oil company we are just looking for a clear and level path. As Petroleum News previously reported, the Mustang oil field, operated by Brooks Range Petroleum Corp., went online Nov. 2 utilizing an early production facility. The field is in the Southern Miluveach unit, adjacent to the Kuparuk River unit. BRPC is run by Bart Armfield, who has directed the project from the beginning. For the first few days Mustang oil was trucked and sold to nearby operator Eni because ConocoPhillips needed to certify the meters, open the blinds and have a person on location, and BRPC did not have enough storage capacity, Jourabchi said Nov. 6. Since then the oil has been flowing through Mustang?s pipeline to the Alpine pipeline and on to the trans-Alaska pipeline. The plan is to ramp production up to 6,000 barrels per day and use the revenue to upgrade to a larger scale and permanent 15,000 barrel-per-day production facility, BRPC told Alaska?s Division of Oil and Gas in its Sept. 30 filing of Southern Miluveach?s seventh annual development plan. Initial production, BRPC told the division, will be from two existing wells - North Tarn 1A and SMU M-02, with Mustang 1A next. The suspended well requires drilling lateral extension/possible sidetrack, which will be done in January. Up to four new wells will be drilled in 2020, with full development involving a total of 10 producer and 11 injectors. BRPC told the Alaska Oil and Gas Conservation Commission that audited Kuparuk reserves are 21.2 million barrels of 1P (proven oil in place), with a total recovery after waterflood of up to 35%, expected to rise to 40% with tertiary recovery.
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teeth53 Supreme	20-Nov-2019 13:13        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Let see how thing turn out. When news break n let the reality sink in.
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HendriJB Supreme	20-Nov-2019 13:12        HendriJB About Contact  Quote this Post!   Yells: "Breathe, Step Back - Think "
x 0   x 0  Alert Admin	5 days ago news NOVEMBER 15, 2019 Milestone! Oil Flowing from Mustang Field on Alaska?s North Slope November 2nd marked a milestone for Alaska oil and gas. Brooks Range Petroleum became the first independent to take oil from discovery to production, when oil was delivered from its Mustang field to the Trans-Alaska pipeline (TAPS). Mustang, owned by Thyssen Petroleum and run by Brooks Range, had its first exploratory well drilled in January 2012. It is exciting to have another operating field on the Slope. Given the number of new fields in the permitting and exploration processes, Brooks Range?s landmark day will begin a new era in Alaskan oil and gas. Aside from Brooks Range and the majors (ConocoPhilips and BP/Hilcorp), companies like Great Bear, Caelus, ENI and Glacier Oil are all actively pursuing opportunities on the Slope. Upcoming leases in the NPR-A and ANWR?s 1002 area will only add to the opportunities to advance continued production opportunities from one of the US?s most important resource bases. The jobs created by these producers ? large and small ? drive Alaska?s economy. More than one-third of all private-sector jobs in Alaska are tied to the oil and gas industry. Power The Future thanks those companies for their continued, ongoing investment in Alaska. We look forward to hearing about many more market victories from the Great Land.
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teeth53 Supreme	20-Nov-2019 13:08        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Make me of Noble n Hyflux.....maybe got chance, maybe Creditors taking over n left 5% left over to be pick up by existing share holders. Pikachaimai      ( Date: 18-Nov-2019 23:34) Posted: Ladies and gentlemen, its no point harping over who stands to gain and who loses out.  The fact is before you put your money or hard earn cash in any investment, you need to know the risk you are in. Accept the fact that coy has call for suspension and is in process or talks with creditors for better action forward.  Hope for the best and plan for the worse, IMO.
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HendriJB Supreme	20-Nov-2019 13:03        HendriJB About Contact  Quote this Post!   Yells: "Breathe, Step Back - Think "
x 0   x 0  Alert Admin	Wow read in US stock suspended 👇 🏽 https://www.citibank.com.sg/gcb/suspended_stocks/stock.html 👉 In Singapore in the month of June 2019 SGX given 40 notices to clean up accounts https://www.businesstimes.com.sg/stocks/suspended-stocks-on-sgx-hit-highest-level-in-three-years Now Alpha Energy halted. I spoken to my Maybank banker. Not to worry this stock has oil, and they are explorer. Hold on couple of months. Stock may rally again upward
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