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2014-10-01 21:50 | Report Abuse
Wakakakakaka GLOTEC ada KITA kaya....
2014-10-01 21:48 | Report Abuse
***shaking head*** tgk perangai caniaughdie3, kong pon BO yong....
GLOTEC boleh !
2014-10-01 21:42 | Report Abuse
Aikkk... Cakap aku AyamTua pula ? Adoiiii wakakakaka sah2 Ko ni yg tenat betul now caniaughdie3... Wakakakakakaka.... Adoiiiii wakakakakakaka.... Sah sah Ko ni need treatment wakakakakaka
2014-10-01 21:39 | Report Abuse
Wakakaka... Apa lah Ko ni canaiughdie3, terlupa makan ubat ker.... Dah dah... Kesian pula aku tengok ko...adoiiii x boleh berhenti ketawa lah ni, Ko cakap aku Craptree pula.... Sah lah Ko ni kena jumpa doctor cepat2 wakakakakakakakakaka
2014-10-01 21:34 | Report Abuse
Nyaaaaaa Craptree.... Kan betul sah dah ni cagniaughdie2 need special mental treatment wakakakaka.... Sorry to say...AKU kesian BETUL LAH sama caniaughdie3 ni wakakaka...
2014-10-01 21:31 | Report Abuse
Craptree : off course canaiughdie3 didn't keep, he lost his mind...lain PUNYA lost TAK tau lagi Wakakaka.....
2014-10-01 21:28 | Report Abuse
Wakakakaka.... Sah2 dah caniaughdie3 need special mental treatment, ada sapa2 nak donate medical fee ? Wakakakaka
2014-10-01 21:26 | Report Abuse
Sah KENA penyakit caniaughdie2, suka ulang2 perkara sama...meh bg u panadol wakakakakakaka
2014-10-01 21:22 | Report Abuse
Dua2 ni kena penyakit GLOTEC liao, suka mari sini komen wakakaka...
Silver Bull Glotec not glotech.shit man stop talking.globaltec not globaltech.globaltech american company.how can u say u soo into this company while u cant even say the name properly.shame on u
01/10/2014 21:17
Caniaughdie3 Tenat dia ni....
01/10/2014 21:18
2014-10-01 21:17 | Report Abuse
Hoorayyyyy !!!!!
CBMGas HARGA GLOTEC AKAN TUKAR HALUAN KEATAS ATAU MENUJU KE UPTREND
TERUS PEGANG KUAT KUAT GLOTEC, PERCAYALAH GLOTEC BOLEH UNTUNG WANG BESAR!!!
GLOTEC CANTEEEK , GLOTEC BERJAYA, GLOTEC KAYAAAAAA, ANDA KAYAAAAAA!!!
2014-10-01 21:09 | Report Abuse
Ini olang byk suka komen sini, byk suka GLOTEC, definitely GLOTEC boleh !! Wakakaka
hangtuah so many prisoners of glotec coming out to play now!!!
kakakakaka!!!!
01/10/2014 21:06
2014-10-01 21:07 | Report Abuse
Kita sama2 GLOTEC boleh !!!
BabyTurtle yeah..we stil got general ayam_suka2 and CBMGas...all perjuang paling hebat dalam glotec...apa mau takut?????
01/10/2014 21:04
2014-10-01 21:06 | Report Abuse
Minyak naik 20 sen GLOTEC lagi naik ler hihi
2014-10-01 21:02 | Report Abuse
BabyTurtle : dun forget me ler , I'm holding tight my GLOTEC hihihi
2014-10-01 20:58 | Report Abuse
Musangfoxking: Paper loss not enuf to cover ur mental medical bill wakakaka
2014-10-01 20:49 | Report Abuse
Can see Buying momentum today, & selling volume is lesser than b4,
I am holding tight for this GLOTEC
GLOTEC will go further up...
2014-10-01 17:51 | Report Abuse
Wakakakakakakakaka glotec glotec boleh !
2014-10-01 17:51 | Report Abuse
Craptree : ignore saja org gila tu....wakakakakakakakaka
2014-10-01 17:50 | Report Abuse
Wakakaka kaka.... Sot2 Sudah gila cannot get 7sen wakakakakakakakaka.....
2014-10-01 17:05 | Report Abuse
Aikkkkk, closing at 0.09 ? Who say closing at 0.085 , pls go to Holland take some fresh air wakakakakka.... Simply suka2 wrongly predict
Glotec boleh !
2014-10-01 13:13 | Report Abuse
Have to hold it in long term ??
2014-10-01 12:23 | Report Abuse
Musangfoxking : gue x sakit pon ! Gue suka... Eat KFC now wakakakakak
2014-10-01 12:14 | Report Abuse
Saw d volume sunddenly keep increasing from low volume this morning, I'm stil holding tight this share too.
2014-10-01 12:11 | Report Abuse
I love GLOTEC... Getek2 wakakakakaka
2014-10-01 11:28 | Report Abuse
qieen what do u mean weird ? In other words pls...
2014-10-01 11:15 | Report Abuse
Up up 5.5% wakakakakaka.... Stil holding GLOTEC
2014-10-01 10:26 | Report Abuse
Okok Eric, I try go small lot
2014-10-01 10:19 | Report Abuse
Q sanichi oso 0.105 tarak dpt
2014-10-01 10:18 | Report Abuse
I did q at .090 tarak dpt
2014-10-01 09:46 | Report Abuse
Eric babyTurtle : I q sanichi tarak dpt 0.105 kanasai
2014-10-01 09:31 | Report Abuse
Musangfoxking : u go buy ler kssc, I"ll let u know if I do buy kssc
This is GLOTEC forum
GLOTEC boleh !
2014-10-01 09:27 | Report Abuse
Musangfoxking : keeP ur money inside ur pocket, this counter is not for anyone who got "no ball" wakakakakaka
2014-10-01 09:25 | Report Abuse
Musangfoxking: u keep asking me to buy 5192 & sell GLOTEC, I dun have to sell my GLOTEC share if I want to buy other counter...
2014-10-01 09:23 | Report Abuse
Musangfoxking, u dun know what price I buy.. I been keeping this GLOTEC & u d one get burn when u see d price up !
2014-10-01 09:18 | Report Abuse
I don't get burn ler... Even more want to top up
2014-10-01 09:14 | Report Abuse
Sanichi good price to buy now... Even GLOTEC
2014-10-01 09:14 | Report Abuse
Musangfoxking : I don't have to sell to sell my GLOTEC share if I want to buy kssc... Wakakaka.... Infact lagi mau top up wakakakakaka
2014-10-01 09:09 | Report Abuse
Musangfoxking : kssc low volume...see2 1st
2014-10-01 09:02 | Report Abuse
Wow...GLOTEC so fast gap at 0.09 wakakaka
2014-10-01 08:36 | Report Abuse
Sold my sanichi few wks ago, good catch on GLOTEC now
2014-10-01 08:22 | Report Abuse
New month new day Glotec stil favorite @ I stil keep mine til now.... It's just a beginning for new hope,New Victory for GLOTEC!
2014-09-30 22:30 | Report Abuse
m_faizal1 : dah dah, jgn d layan org gila talak mcm musangfoxking tu,
bukan dia x nak beli glotec, byk bulan dia q beli glotec tp x dpt juga
Wakakakaka
2014-09-30 21:36 | Report Abuse
READ !
Goh: ‘This deal will fast track our entry to the oil and gas industry with minimum cost and risk.’
Betting on Kee and his team
A huge reason for Goh’s confidence in the oil and gas venture is down to Kee Yong Wah - the group CEO of NCER, along with his team.
A seasoned oil man with more than 30 years of experience, Kee formerly headed a listed oil and gas company in Hong Kong and also worked for Halliburton for 26 years.
Meanwhile, Lim Beng Hong, the CEO of NCES, has 27 years of oil and gas experience of which 24 years were in Halliburton and Weatherford, heading senior management in various countries.
He was previously the country manager in China for Greka Drilling.
The key management in both companies have extensive experience in the unconventional oil and gas industry including subsurface, geological, reservoir, production, project management, well drilling, completion and production optimisation techniques that can significantly enhance the productivity of unconventional oil and gas wells.
Says Kee: “In this region, drilling CBM is still relatively new compared to conventional oil and gas. A lot of operators are not successful in CBM as they are from conventional oil and gas background.
“We need the unconventional mind set and best practices to do this. We have the expertise, technology and the proven track record in CBM which we will deploy for this project.”
Kee adds that the CBM formation in Sumatra is attractive as the coal seams are thicker than the formation of China.
“In general, thicker coal means more gas and its easier to produce. Of course, there are other factors to consider. We have spent significant time studying the fields. Our team has also operated in South Sumatera hence Sumatera is not new to us,” says Kee.
Kee explains that he named his company ‘New Century’ as unconventional resources such as CBM is relatively new compared with conventional resources and is a huge untapped market.
“Look at the US. It will be a net exporter of oil over the next few years thanks to the discovery of unconventional resources. The sudden rise in the unconventional resource of shale was made successful by the smaller servicing companies at the beginning.
“The smaller players are a lot more flexible, innovative and are quick to respond to operational requirements which is important to unconventional industry,” he says.
Drilling in Q1 2015
So what is the plan moving forward?
Firstly, as the team has conducted seismic studies over the last one year and secured all required approvals, drilling can start almost immediately.
The team also has identified a few sweet spots.
Kee says the immediate plan will be to drill 3 wells in Muara Enim 2, and 3 wells in Rengat, starting from the first quarter of 2015.
“The PSC for Muara Enim is right smack in the middle of Australian based Santos and Darts Corp. Many wells have been drilled in the area for conventional oil, hence there are extensive data available to us. We are in an area where CBM wells have been drilled,” says Kee.
He adds that in the past, over 1,500 wells have been drilled in this basin for oil. The oil reservoir is a lot deeper than the targeted coal layers,” says Kee.
NGY drilled 3 wells in Muara Enim II previously with encouraging results.
“We are very confident to achieve even better success with the combination of our experience in CBM and local knowledge from NGY.
“If the wells we drill in the first quarter of 2015 are a success, it can be a pilot program within the next 6 to 12 months,” explains Kee.
On another important note, Kee points out that they can sell the gas at the range of US$7.50 to US$10 per mmbtu.
In addition, the PSC areas have a well established pipeline infrastructure that connects the fields to Jakarta and Singapore.
These pipes have capability of handling 1.2 billion cu ft of gas per day.
Meanwhile, the trading volume of Globaltec continued to hog the volume list over the week.
On Thursday, Globaltec closed at 10 sen, up 67% from a week ago where it had been hovering at the 6 sen level.
Goh is the biggest shareholder of the company with a 19.51% stake, while its deputy chairman Kong Kok Keong has a 13.11% stake.
Lembaga Tabung Angkatan Tentera is also a substantial shareholder with a 6.25% stake.
Globaltec’s share base is 5.27 billion shares and it has a market capitalisation of RM511.3mil.
2014-09-30 19:23 | Report Abuse
Fam Jenny : agreed
I stil keep mine too, I don't care what d opposition comment
For me they just a bunch of rubbish coz got nothing to do
Just ignore them...
I beliv glotec wil have a very good price tat someday this loser opposition wil regret wakakaka
2014-09-30 18:34 | Report Abuse
Fam Jenny, just ignore d opposition, don't care what they said hehe
Stock: [GLOTEC]: GLOBALTEC FORMATION BERHAD
2014-10-02 08:00 | Report Abuse
I saw Musangfoxking comment this morning & he deleted it, so funny....
Good morning & have faith in GLOTEC