Canacol announced recently that it is to spend $4.1m in 2010 to appraise and develop Capella.
Sinochem's share therefore ~$37m. It seems unlikely that Emerald would have needed a placing to fund this. Especially as the pace of work in Syria has slowed down, and GPX seem to be generating lots of cash there.
skip to main |
skip to sidebar
Posts
Posts
Emerald Energy is a mid-cap Oil Exploration and Production company listed on the Main List of the London Stock Exchange in the FTSE-250 index. It has a variety of assets in Colombia, Syria and Peru. This blog has been set up to track the bid approach and any takeover that follows.
Summary of Emerald's Assets
News Links
- US-Syrian Relations Thawing Paving the Way for Oil Deals
- Speculation on Hostile Bid for Gulfsands
- Recent Emerald Broker Note
- Recent Gulfsands Broker Note
- Chinese Media pick up on Emerald Approach
- Guardian speculates on Gulfsands Bid Approach
- Telegraph suggest Gulfsands also a target
- Telegraph says bidder is consortium of Chinese and ONGC
- Previous Sinopec-ONGC deal in Colombia for Ominex
- Gran Tierra rule themselves out of bidding for EEN
- UPI suggesting Chinese Interest from Sinopec or CNOOC
- FT Alphaville with MK quote
Links to Websites
- Emerald Energy Website
- Link to ADVFN thread for EEN
- Link to Gulfsands (50% Partner in B26)
- Link to Canacol Energy (10% owner of Ombu)
- Link to La Cortez Energy (20% owner of Maranta Block)
- LSE Page for Emerald Energy
- Link to Colombian Hydrocarbon Agency
- Link to Colombian Exploration Maps
- Stockopedia Blog
Blog Archive
My Blog List
-
-
Blog No Longer Maintained13 years ago
Subscribe To
Posts
Posts
Disclaimer
The posts in this blog are taken from a variety of sources and are posted in good faith. However, no investment advice is intended and this blog is no substitute for doing your own research. Investments can rise as well as fall and also fall and fall some more.
No comments:
Post a Comment