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Dark horse oil producer

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Adtower
    26-Jun-2017 23:47  
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Just joking la don' t so serious la SG already so stressful joke a bit mah will b more happy

Newbie1986      ( Date: 26-Jun-2017 23:40) Posted:

Hmm Perhaps it would be beneficial for u to do some readup before commenting?

Adtower      ( Date: 26-Jun-2017 23:31) Posted:

What if there no oil at all or not that much oil as they expected? Lol hope while they r drilling they found tons of golds instead of oil 😂 😂 😂


 
 
Newbie1986
    26-Jun-2017 23:40  
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Hmm Perhaps it would be beneficial for u to do some readup before commenting?

Adtower      ( Date: 26-Jun-2017 23:31) Posted:

What if there no oil at all or not that much oil as they expected? Lol hope while they r drilling they found tons of golds instead of oil 😂 😂 😂

 
 
Adtower
    26-Jun-2017 23:31  
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What if there no oil at all or not that much oil as they expected? Lol hope while they r drilling they found tons of golds instead of oil 😂 😂 😂
 

 
n3wbie
    26-Jun-2017 22:41  
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thanks for sharing this positive piece of news! think the counter has not been appreciated at its fair value on various reasons - one of it being the hiccup on the oil business two years ago, and the second being that its precision engineering business has been pretty much ignored.

once they start drilling (in August as the article suggests), there is no reason why the stock won' t rerate to its former high of 30-40c. this is not to mention that it now has a profitable precision engineering arm generating some S$8-10m net profit yearly. 

xiongshi      ( Date: 25-Jun-2017 17:47) Posted:

PT Sarana GSS Trembul, a joint venture between Singapore-based oil and gas company GSS Energy and Central Java province-owned PT Sarana Pembangunan Jawa Tengah, will start drilling activities at two oil wells in Trembul in August.

The firm is carrying out drill site preparation (DSP) as a part of rig installation process and hopes to begin production at the two wells, SGT-1 and SGT-2, in September.

"We will implement a three-year program worth of US$7.6 million," GSS Energy executive director Suyulianto Badung Tariono said in Blora on Friday. "The fund will be used to drill four wells and seismic acquisition activities."

Trembul Operation Area has 24 wells in total that were initially explored by Nederlandsche Koloniale Petroleum Mij (NKPM), a subsidiary of Standard Oil Company of New Jersey, now ExxonMobil, in 1917.

The area has approximately 40.1 million barrels of oil reserve, but NKPM only drilled out around 307,000 barrels.

"We will make two wells first and hope we can produce [oil] at 800-meter and 1,350-meter deep," Badung said. "If everything goes well, we can expand by drilling two more wells, even in other unexplored areas."

Sarana GSS Trembul and PT Pertamina EP, a subsidiary of state-owned oil and gas giant Pertamina, have inked a 15-year joint-operation (KSO) deal to drill the area in November last year.

Pertamina holds an exclusive right to run oil and gas operations in the area granted by the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) in 2013. (tas)

 
 
Adtower
    26-Jun-2017 17:15  
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Good news? Will this fly tml?

xiongshi      ( Date: 25-Jun-2017 17:47) Posted:

PT Sarana GSS Trembul, a joint venture between Singapore-based oil and gas company GSS Energy and Central Java province-owned PT Sarana Pembangunan Jawa Tengah, will start drilling activities at two oil wells in Trembul in August.

The firm is carrying out drill site preparation (DSP) as a part of rig installation process and hopes to begin production at the two wells, SGT-1 and SGT-2, in September.

"We will implement a three-year program worth of US$7.6 million," GSS Energy executive director Suyulianto Badung Tariono said in Blora on Friday. "The fund will be used to drill four wells and seismic acquisition activities."

Trembul Operation Area has 24 wells in total that were initially explored by Nederlandsche Koloniale Petroleum Mij (NKPM), a subsidiary of Standard Oil Company of New Jersey, now ExxonMobil, in 1917.

The area has approximately 40.1 million barrels of oil reserve, but NKPM only drilled out around 307,000 barrels.

"We will make two wells first and hope we can produce [oil] at 800-meter and 1,350-meter deep," Badung said. "If everything goes well, we can expand by drilling two more wells, even in other unexplored areas."

Sarana GSS Trembul and PT Pertamina EP, a subsidiary of state-owned oil and gas giant Pertamina, have inked a 15-year joint-operation (KSO) deal to drill the area in November last year.

Pertamina holds an exclusive right to run oil and gas operations in the area granted by the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) in 2013. (tas)

 
 
xiongshi
    25-Jun-2017 17:47  
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PT Sarana GSS Trembul, a joint venture between Singapore-based oil and gas company GSS Energy and Central Java province-owned PT Sarana Pembangunan Jawa Tengah, will start drilling activities at two oil wells in Trembul in August.

The firm is carrying out drill site preparation (DSP) as a part of rig installation process and hopes to begin production at the two wells, SGT-1 and SGT-2, in September.

"We will implement a three-year program worth of US$7.6 million," GSS Energy executive director Suyulianto Badung Tariono said in Blora on Friday. "The fund will be used to drill four wells and seismic acquisition activities."

Trembul Operation Area has 24 wells in total that were initially explored by Nederlandsche Koloniale Petroleum Mij (NKPM), a subsidiary of Standard Oil Company of New Jersey, now ExxonMobil, in 1917.

The area has approximately 40.1 million barrels of oil reserve, but NKPM only drilled out around 307,000 barrels.

"We will make two wells first and hope we can produce [oil] at 800-meter and 1,350-meter deep," Badung said. "If everything goes well, we can expand by drilling two more wells, even in other unexplored areas."

Sarana GSS Trembul and PT Pertamina EP, a subsidiary of state-owned oil and gas giant Pertamina, have inked a 15-year joint-operation (KSO) deal to drill the area in November last year.

Pertamina holds an exclusive right to run oil and gas operations in the area granted by the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) in 2013. (tas)
 

 
xiongshi
    25-Jun-2017 04:19  
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http://www.thejakartapost.com/news/2017/06/24/sarana-gss-trembul-to-start-drilling-trembul-oil-wells.html
 
 
xiongshi
    25-Jun-2017 04:15  
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http://www.thejakartapost.com/news/2017/06/24/sarana-gss-trembul-to-start-drilling-trembul-oil-wells.html
 
 
Barcalo
    15-Jun-2017 13:28  
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Yum yum....
 
 
Adtower
    15-Jun-2017 11:40  
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Will renounce v soon
 

 
xiongshi
    15-Jun-2017 07:05  
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Keep short

Barcalo      ( Date: 14-Jun-2017 09:09) Posted:

You mean you? Hahaha

xiongshi      ( Date: 14-Jun-2017 08:57) Posted:

You sibei stupi


 
 
Barcalo
    14-Jun-2017 09:09  
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You mean you? Hahaha

xiongshi      ( Date: 14-Jun-2017 08:57) Posted:

You sibei stupid

Barcalo      ( Date: 14-Jun-2017 08:44) Posted:

Another wave of selling coming later....dun say I never tell you. Later Mai kan cheong hor. ...kekek


 
 
Adtower
    14-Jun-2017 08:59  
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Her qi sheng can!
 
 
xiongshi
    14-Jun-2017 08:57  
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You sibei stupid

Barcalo      ( Date: 14-Jun-2017 08:44) Posted:

Another wave of selling coming later....dun say I never tell you. Later Mai kan cheong hor. ...kekek

 
 
Barcalo
    14-Jun-2017 08:44  
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Another wave of selling coming later....dun say I never tell you. Later Mai kan cheong hor. ...kekek
 

 
Barcalo
    14-Jun-2017 08:42  
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Already laughing to the bank for past 2 days.
Alive n kicking hard....think you kena burnt is it???
Hahahah

Redstar8730      ( Date: 14-Jun-2017 00:29) Posted:

This barcayalo & bananaface from same xo is it?like to short oh! Nvr mind la. Shortists will die soon.

 
 
Barcalo
    14-Jun-2017 08:40  
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Oi you newbie ah? Financial report?? Hahaha....
BBS dun need them to strip you apart. Still new???

xiongshi      ( Date: 14-Jun-2017 07:48) Posted:

Quite agree, he did not how to read the financial report

Redstar8730      ( Date: 14-Jun-2017 00:29) Posted:

This barcayalo & bananaface from same xo is it?like to short oh! Nvr mind la. Shortists will die soon.


 
 
xiongshi
    14-Jun-2017 07:48  
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Quite agree, he did not how to read the financial report

Redstar8730      ( Date: 14-Jun-2017 00:29) Posted:

This barcayalo & bananaface from same xo is it?like to short oh! Nvr mind la. Shortists will die soon.

 
 
Redstar8730
    14-Jun-2017 00:29  
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This barcayalo & bananaface from same xo is it?like to short oh! Nvr mind la. Shortists will die soon.
 
 
xiongshi
    14-Jun-2017 00:24  
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pathetic

Barcalo      ( Date: 14-Jun-2017 00:18) Posted:

Dog talking about itself??? Hahaha.

xiongshi      ( Date: 13-Jun-2017 19:53) Posted:

This Barcalo seems got IQ issue, like a wild dog bite here and ther


 
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