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Interra- cheapest oil stock

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muifan
    05-Sep-2013 12:03  
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this interra always mad rush 1 day..

rest 2 weeks lol..

chiong leh

Octavia      ( Date: 04-Sep-2013 11:14) Posted:



Bro you are rite.Many big trades transacted.

muifan      ( Date: 04-Sep-2013 11:06) Posted:



should be able to...

BB wont enter at 48 to let it rest at 48.5c

IMH


 
 
Octavia
    04-Sep-2013 11:14  
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Bro you are rite.Many big trades transacted.

muifan      ( Date: 04-Sep-2013 11:06) Posted:



should be able to...

BB wont enter at 48 to let it rest at 48.5c

IMHO

Octavia      ( Date: 04-Sep-2013 11:05) Posted:

can break 48.5 wld be a good sign.


 
 
muifan
    04-Sep-2013 11:06  
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should be able to...

BB wont enter at 48 to let it rest at 48.5c

IMHO

Octavia      ( Date: 04-Sep-2013 11:05) Posted:

can break 48.5 wld be a good sign.

 

 
Octavia
    04-Sep-2013 11:05  
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can break 48.5 wld be a good sign.
 
 
seanpent
    04-Sep-2013 10:37  
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in any crisis ... logistics will be very  critical  ... be it energy, water, medical, food, etc. ...
 
 
Octavia
    04-Sep-2013 10:35  
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If you make profit just take it first.Dont wait.

On the long run you can see that the company's fundamental is improving.Last quarter finanical rpt better than previous quarters and progressive development on their oil exploration were timely. Their  drilling exploration have been successful mainly  due to capable and experience team onboard  not requiring new technology like Rex is having in order to be successful.  Overall output capacity is increasing and above all the company is generating cash.All  the capital expenditure were funded by internal resources(i.e.self reliant).For long term investment is a good consideration.Slow moving  though and not so volatile like ramba or mirach energy.

NoMoney      ( Date: 04-Sep-2013 10:10) Posted:

don't know can go back to 495 or 52 cents o not may b let go at 485 or 495 if today can break that price

 

 
muifan
    04-Sep-2013 10:26  
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quite sure BB is in...

see how far can go today

HUAT !

Octavia      ( Date: 04-Sep-2013 09:57) Posted:



Let huat together.:)

muifan      ( Date: 04-Sep-2013 09:42) Posted:



Huat bro,

strong buying at 48


 
 
seanpent
    04-Sep-2013 10:25  
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Interra, Oakwell, Dukang, Sino
 
 
NoMoney
    04-Sep-2013 10:10  
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don't know can go back to 495 or 52 cents o not may b let go at 485 or 495 if today can break that price
 
 
Octavia
    04-Sep-2013 09:57  
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Let huat together.:)

muifan      ( Date: 04-Sep-2013 09:42) Posted:



Huat bro,

strong buying at 48c

Octavia      ( Date: 04-Sep-2013 09:40) Posted:

what's the gd news


 

 
Octavia
    04-Sep-2013 09:46  
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Interra Resources is acquiring Indonesian firm PT Benakat Barat Petroleum (BBP), which holds all the rights to explore and develop the Benakat Barat field in South Sumatra, for US$78.5m ? its largest acquisition so far. Such a move could raise Interra?s reserves by 80% from the current 25m bbls. The transaction will be 80% paid for with cash, financed through bank borrowings the remaining 20% will be funded by new shares issued at $0.4591, close to the $0.46 close yday.

Upon completion, the consideration shares will represent ~8.91% of the enlarged share base. The Benakat Barat field is adjacent to the Tanjung Miring Timur (TMT) field, in which Interra holds full participating interest, and produces oil from the same geological structures and formations as the latter. The contract to develop the Benakat Barat field was assigned in 2009 for 15 years. Post-acquisition, Interra's NTA/sh will rise from 15.904 US cents to 23.526 US cents, while EPS will drop from 0.762 US cent to negative 0.139 US cent. Interra will also be geared at 0.73x.
 
 
muifan
    04-Sep-2013 09:42  
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Huat bro,

strong buying at 48c

Octavia      ( Date: 04-Sep-2013 09:40) Posted:

what's the gd news?

seanpent      ( Date: 04-Sep-2013 09:38) Posted:

charging ...... nice


 
 
NoMoney
    04-Sep-2013 09:40  
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love noone bother stock then when someone interest the time is time to sell them

seanpent      ( Date: 04-Sep-2013 09:38) Posted:

charging ...... nice !

NoMoney      ( Date: 02-Sep-2013 19:34) Posted:

charge!! hope to see this back to 485 to 495 mark


 
 
Octavia
    04-Sep-2013 09:40  
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what's the gd news?

seanpent      ( Date: 04-Sep-2013 09:38) Posted:

charging ...... nice !

NoMoney      ( Date: 02-Sep-2013 19:34) Posted:

charge!! hope to see this back to 485 to 495 mark


 
 
seanpent
    04-Sep-2013 09:38  
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charging ...... nice !

NoMoney      ( Date: 02-Sep-2013 19:34) Posted:

charge!! hope to see this back to 485 to 495 mark

 

 
NoMoney
    02-Sep-2013 19:34  
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charge!! hope to see this back to 485 to 495 mark
 
 
Octavia
    02-Sep-2013 17:29  
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MYANMAR DRILLING UPDATE:

Interra Resources Limited (the "

Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Yenangyaung field and also owns 60% of Goldpetrol which is the operator of the field. YNG 3259 is being drilled using Goldpetrol?s ZJ 450 rig, thus drilling costs are expected to be relatively low. Interra?s share of the cost of drilling will be funded from existing funds on hand.

YNG 3259 is drilled as an up-dip offset to YNG 3255 which was completed as an oil producer in July 2013. The primary objective is to accelerate production from the oil reservoirs that produce in this fault block.

Interra estimates that the results of the drilling and completion should be available in approximately six weeks. The Company will announce the results as soon as they may be ascertained as well as updates reflecting critical or unexpected events during drilling.

By Order of the Board of Directors of

INTERRA RESOURCES LIMITED

Marcel Tjia

Chief Executive Officer
Company" or " Interra" ) wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. (" Goldpetrol" ), has commenced drilling infill development well YNG 3259 in the Yenangyaung oil field in Myanmar.


DRILLING COMMENCEMENT OF

YENANGYAUNG DEVELOPMENT WELL YNG 3259

 
 
aputako
    27-Aug-2013 10:42  
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No buying/moving despite the news. There's better stocks to buy than to stuck $$$ here. Good luck!
 
 
Vafirish
    27-Aug-2013 10:34  
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I do hope the accumulation will translate to bigger jump in the positive side when it does move.

Dreamy      ( Date: 26-Aug-2013 17:58) Posted:

it seems they have been taking quite a while to accumulate... :" |

Octavia      ( Date: 26-Aug-2013 17:40) Posted:



Among the few O & G exploration counters(Ramba,Rex,Kris Engery,ME)  this is the only company making  $$$.

Maybe BB is suppressing the price  to accumulate more


 
 
Dreamy
    26-Aug-2013 17:58  
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it seems they have been taking quite a while to accumulate... :" |

Octavia      ( Date: 26-Aug-2013 17:40) Posted:



Among the few O & G exploration counters(Ramba,Rex,Kris Engery,ME)  this is the only company making  $$$.

Maybe BB is suppressing the price  to accumulate more.

Siwomp      ( Date: 26-Aug-2013 17:33) Posted:



Just announced another oil producing well... > 100bpd


 
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