GLOBALTEC FORMATION BERHAD

KLSE (MYR): GLOTEC (5220)

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27 people like this.

32,820 comment(s). Last comment by stan5617 2022-12-24 00:32

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-26 22:30 | Report Abuse

Leo218,don't play play with dangerous weapons in Malaysia,you can land yourself in police station for possessing them i.e the parangs.

851815

1,261 posts

Posted by 851815 > 2015-10-26 22:43 | Report Abuse

Dangerous weapons dont worry old lady can just open legs clip the parangs......

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-26 23:43 | Report Abuse

851815,old frustrated pimp,you are just not intellectual to debate bcos you have a stupid brain,just not my standard to talk to.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-26 23:47 | Report Abuse

Let it drops to 1c,then only buy,ha,ha!

F22Raptor

608 posts

Posted by F22Raptor > 2015-10-26 23:54 |

Post removed.Why?

851815

1,261 posts

Posted by 851815 > 2015-10-27 07:28 | Report Abuse

Wah old lady talk about her A1 standard if want to open legs dont need standard. Just dream Glotec 1c then buy. TAN KU KU, ha, ha, ha...........

bagus

371 posts

Posted by bagus > 2015-10-27 08:19 | Report Abuse

kesian 851815, now trailing in a wrestling maztch; fam now on top of him.. and the crowd is cheering her to remove his pantee!!!! chia yoo,chia yoo fam!!!!!

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 09:03 | Report Abuse

with all the bruhaha on panties, open legs and wrestling on bed .. with all the superstars in Glotec

remember: CBM Gas Indonesia

lubang ada .. hopefully lubang produces Gas to ASEAN countries as dreamed ..

kikiikiikikikiki

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 09:28 | Report Abuse

Bagus,as far as I am concerned,there is no wrestling except jail term being spelt out for the sex maniac,851815.Soon he will expose his batang to all bcos he has gone crazy then will reside in Tanjung Rambutan Hospital for the good of society.

bagus

371 posts

Posted by bagus > 2015-10-27 09:42 | Report Abuse

Soon he will expose his batang to all ???!!!!!!! r u interested to see? kikiki

851815

1,261 posts

Posted by 851815 > 2015-10-27 09:46 | Report Abuse

Wah Enjoy clip the parang I dont know who b in jail. Tanjung Rambutan Hospital.is 4 gone crazy no stop open legs 2 stay. Batang only old lady like 2 c that why she talk batang here...

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 09:46 | Report Abuse

#CBMGAS

pray for

CBM GAS Indonesia

PASTI TUJU LANGIT!

851815

1,261 posts

Posted by 851815 > 2015-10-27 09:54 | Report Abuse

Old lady miss Batang.......

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 09:56 | Report Abuse

Bagus,don't be another maniac,I hope.

bagus

371 posts

Posted by bagus > 2015-10-27 10:03 | Report Abuse

abanglongPEKIDA3line Pepek fam kasi drill satu kali baru diam
27/10/2015 10:01
---------------------------------------------------
851815 akan dalam coma selepas itu, baru boleh diam!!!!! kikiikiki!!!!!!!

Posted by wangsaduitan > 2015-10-27 10:11 | Report Abuse

Wake up Glotec,,, going north,,

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 10:11 | Report Abuse

Don't buy,let it drop to 1c,useless stock.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 10:13 | Report Abuse

With rascals around it won't be good.

bagus

371 posts

Posted by bagus > 2015-10-27 10:14 | Report Abuse

are u infering 851815 batang is useless?

Posted by wangsaduitan > 2015-10-27 10:22 | Report Abuse

Opportunity to be richer,,,

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 10:23 | Report Abuse

Just a hopeless counter bcos dirty people are manipulating it,it was downtrend even Bursa moves 120 points.Let t crooks lose their pants,avoid this couter.

bagus

371 posts

Posted by bagus > 2015-10-27 10:27 | Report Abuse

think 851815 has lost his pantee in the wrestling match!!!!! kikiki!!!

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 10:32 | Report Abuse

Don't buy this counter let it drop to 1c bcos there may be capital reduction.

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 10:34 | Report Abuse

useless batang???? ha ha ha ha

851815

1,261 posts

Posted by 851815 > 2015-10-27 10:39 | Report Abuse

Off cause Fam Jenny want ppl to lose their pants so she can. enjoy see their pisang, batang,cock n their Tiny Black Worm.....

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 10:40 | Report Abuse

#CBMGas

.. lubang ...

kikikikii

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 10:45 | Report Abuse

in Glotec forum got wrestling match panty??
aiyyoyoyo.... kikikikkiki

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 10:46 | Report Abuse

Be careful of this stock bcs it is losing money all the times,the NTA is much below he par value avoid by al means.This co has useless management.

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 10:47 | Report Abuse

have faith....



in lubang


kikikiki

Posted by spring_chicken > 2015-10-27 10:50 | Report Abuse

Ini stock better be careful. U have to know who is the personality behind this counter...

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 10:50 | Report Abuse

Ayamtua,are you in their team also?

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 10:54 | Report Abuse

i like sweet sour chicken recipe..

1 piece of garlic
2 piece of lemon grass
and slice of plump chicken breasts
with a touch of seasoned sesame seed

:D

bagus

371 posts

Posted by bagus > 2015-10-27 10:54 | Report Abuse

Ayamtua is 851815!!!

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 10:55 | Report Abuse

you must be out of synced with time..
halo.. this is year 2015 not 1929..

kikikikiki

Posted by bagus > Oct 27, 2015 10:54 AM | Report Abuse

Ayamtua is 851815!!!

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 11:03 | Report Abuse

Ayamtua is not 851815 bcos he is much smarter than him who is not intellect at all,Ayamtua is caught in this counter like us.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 11:05 | Report Abuse

851815 is the previous bear.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2015-10-27 11:10 | Report Abuse

Maybe I should not talk negative bcos they are many get caught In this counter.

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:10 | Report Abuse

#CBM GAS INDONESIA......
4 lubang.... coming soon...

kikikiki

leo218

5,535 posts

Posted by leo218 > 2015-10-27 11:11 | Report Abuse

Tt

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:12 | Report Abuse

Govt’s share in new CBM contracts may start at 1% - See more at: http://www.thejakartapost.com/news/2015/10/01/govt-s-share-new-cbm-contracts-may-start-1.html#sthash.iO7WjWEl.dpuf

The government may take only a 1 percent share in the production sharing contract (PSC) with coal bed methane (CBM) developers to attract investors and boost the non-conventional gas project.

The Energy and Mineral Resources Ministry is preparing a new scheme for CBM blocks to use a sliding scale mechanism starting from only 1 percent for the production of up to 5 billion British thermal units per day (bbtud)

“When the production increases, the government’s share will also be higher. This will be applied on new contracts, but there will be regulations for the transition period [from the previous contract],” the ministry’s director general for oil and gas IGN Wiratmaja Puja said.

Indonesia now applies a PSC scheme for its oil and gas block development projects. For gas projects, the split between the government and the contractor is usually 70 percent to 30 percent, which is also applied for CBM blocks at present — drawing criticism that the non-conventional blocks have special characteristics and should be treated differently.

By making the split between the government and the contractors progressive, the government expects that CBM development will be more attractive for developers.

“The progression is aimed at giving a good pay-back period for investors because the development of non-conventional gas takes time and developers have to go through de-watering process and low output in the beginning,” Wiratmaja said.

A regulation regarding the new scheme is currently being deliberated and is expected to be rolled out soon, according to Wiratmaja.

He added that the oil and gas office had a production target of around 100 million standard cubic feet per day (mmscfd) within 5 to 10 years period following the implementation of the new scheme.

“We will see the start of big production in 2025. We hope that contractors of the current 54 blocks will start drilling following the new policy,” Wiratmaja said.

The country is estimated to have significant CBM potential, with an estimated 453 trillion cubic feet (tcf) in CBM reserves. Since 2008, as many as 54 working areas for CBM development have been approved. However, the complexity of the development and a number of issues have hampered the projects.

Under the previous more ambitious target, the government planned to see a CBM production of 500 mmscfd in 2015, which was later reduced drastically to 8.9 mmscfd. The production in 2014 was only around 0.625 mmscfd.
_________________________________

“We will see the start of big production in 2025. We hope that contractors of the current 54 blocks will start drilling following the new policy.” - See more at: http://www.thejakartapost.com/news/2015/10/01/govt-s-share-new-cbm-contracts-may-start-1.html#sthash.iO7WjWEl.dpuf

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:14 | Report Abuse

NuEnergy Gas Ltd., an Australian gas and ancillary power generation development company focused on unconventional gas exploration and production in Indonesia, disclosed Thursday the conditional Share Purchase Agreement (SPA) with Dart Energy International Ltd. (Dart) May 20 to acquire 100 percent of the issued share capital of Dart Energy (Indonesia) Holdings Pte Ltd. (Dart Indonesia).

Dart Indonesia, through its group controlled companies (Dart Indonesia Group), has a participating interest in the following Production Sharing Contracts (PSC), and joint evaluation (JE) covering 186 and 602 square miles (482 and 1,559 square kilometers):-

45 percent participating interest in Tanjung Enim coal bed methane (CBM) PSC, South Sumatra
50 percent participating interest in Muralim CBM PSC, South Sumatra
100 percent participating interest in Bontang-Bengalon CBM PSC, East Kalimantan; and
rights to the JE of Bungamas CBM, South Sumatra
The acquisition of Dart Indonesia is for a cash consideration (Consideration) of $1 million to be funded from NuEnergy's available cash.

DART INDONESIA GROUP CBM ASSETS
Tanjung Enim PSC

Tanjung Enim PSC is located in Muara Enim Regency, South Sumatra Province. This PSC was awarded by SKK Migas (formerly known as Badan Pelaksana Usaha Hulu Minyak dan Gas/Implementing Body of the Oil and Gas Upstream Activities) (BP Migas) Aug. 4, 2009 for 30 years. The exploration period under the PSC is 6 years up to August.

The contract area comprises a total of 121 square miles (313 square kilometers) containing an average of 213 feet (65 meters) to 230 feet (70 meters) net coal thickness, low rank coal seams ranging in depth from 984 feet (300 meters) to 2,297 feet (700 meters) with an average reported gas content of 120 standard cubic foot (scf)/ton. With these geological and technical parameters, Tanjung Enim PSC is among the CBM PSCs in Indonesia which hava high potential for commercial CBM development and is close to existing oil and gas infrastructure and markets.

Muralim PSC


The Muralim PSC was awarded Dec. 3, 2010 for 30 years. The exploration period under the PSC is 6 years up to December 2016.

The Muralim PSC is located in 3 regencies, namely Musi Rawas, Lahat and Muara Enim. The contract area comprises a total of 322 square miles (835 square kilometers). Wells drilled in mid-2012 have indicated average net coal thickness of around 95 feet (29 meters) to 98 feet (30 meters), low rank coal seams ranging from depth of 1,640 feet (500 meters) to 2,297 feet (700 meters) with an average gas content of 105 scf/ton. Muralim PSC is located adjacent to Tanjung Enim PSC, which is also among the CBM PSCs in Indonesia which have high potential for commercial development.

Bungamas Joint Evaluation

In 2014, Bungamas Joint Evaluation was awarded by the Indonesian Government to a consortium of Dart Indonesia, Bungamas International Co., PT Bukit Asam (Persero) Tbk and PT Mantra Energy Services for the application of a CBM PSC in the Bungamas area. The Bungamas area is located adjacent to Tanjung Enim PSC and Muralim PSC. The Bungamas Joint Evaluation covers an area of 186 square miles (482 square kilometers). The joint evaluation was completed Feb. 13, 2015 through co-oepration between the consortium and the University of Trisakti representing the Indonesian Government and is currently pending a direct offer for a PSC by the Directorate General of Oil and Gas.

The Chairman of NGY, Kok Keong Kong, commented:

"NuEnergy is expected to boost its PSC positions in Sumatra by integrating Dart Indonesia's PSCs and NuEnergy's PSCs to potentially oeprate a large scale CBM development which is unprecedented. We believe these PSC assets are potentially world class CBM plays and can be commercialized quickly, thereby providing early benefits to our shareholders."

NuEnergy has consulted with ASX regarding the chnage in nature or scale of NuEnergy's activities for this acquisition under ASX Listing Rule 11.1 and has been advised that ASX Listing 11.1.2 and 11.1.3 do not apply whereby shareholders' approval is not required.


NuEnergy intends to focus solely on its PSCs in Indonesia. NuEnergy currently has three core PSCs in South and Central Sumatra, Indonesia, covering 1,861 square miles (4,819 square kilometers). NuEnergy is the operator of all three as follows:

Muara Enim (40 percent participating interest)
Muara Enim II (30 percent participating interest)
Rengat (100 percent participating interest)
Muara Enim PSC is the highest priority with 3 wells already drilled, logged and cored to evaluate the potentiality of the gas production. These wells have been converted to pilot production wells. NuEnergy is expected to commence drilling in Rengat during thequarter and Muara Enim II in the next quarter.

http://www.rigzone.com/news/oil_gas/a/138703/NuEnergy_Gas_Acquires_Dart_Indonesias_CBM_Assets_in_Sumatra_Kalimantan/?all=HG2

bagus

371 posts

Posted by bagus > 2015-10-27 11:14 | Report Abuse

looks like a snake head?

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:16 | Report Abuse

Pray 4 #CBMGasIndonesia

Indonesia’s natural gas market is characterized by a low level but quickly growing domestic consumption rate and a large export segment (largest in Asia).

In 2010, 50% of Indonesia’s gas was exported mostly to North Asian markets in the form of LNG, a level that fell from 62% the previous 10 years. Conventional gas sources are failing to meet export demand is part of the reason for the higher portion of domestic consumption. The Arun LNG export facility with a capacity of 12.3 MMtpa is expected to shut down in 2014, whereas the Bontang LNG facility with a capacity of 22.3 MMtpa is currently operating at 75% utilization. Both facilities face a shortage of gas supply.

Domestic consumption has risen over a 100% for the 10 years to 2010. The rise is a function of Indonesia’s strong economic growth – likely to reach a USD1.0 trillion GDP level by the end of 2012 – and its low per capita gas consumption level. On a per capita basis Indonesia’s gas consumption rate of 6.1 Mcf/y falls between Bangladesh and Pakistan despite Indonesia’s much higher level of GDP per capita. Thailand, a net gas importer at a relatively similar level of economic development, consumed 23 Mcf/capita in 2010 – 3.7 times Indonesia’s consumption rates.

Indonesia’s low level of domestic gas consumption results from its history of reliance on cheap oil sources (Indonesia was an OPEC member until 2007). A significant level of Indonesia’s power capacity is fuel oil or diesel based and often at subsidized price levels. As oil subsidies wane and economic growth continues, gas will gain share within Indonesia’s strategic fuel mix.

http://www.cbmasia.ca/Indonesia-Gas-Market

bagus

371 posts

Posted by bagus > 2015-10-27 11:16 | Report Abuse

abanglongPEKIDA3line Fam u memalukan org tua yg kurang berotak.jadi pls acting like an adult.dont be a joke
27/10/2015 11:11
------------------------------
kikiki

bagus

371 posts

Posted by bagus > 2015-10-27 11:17 | Report Abuse

kesian 851815!!! after losing his pantee in the wrestling match on the bed.. he is now less smart than ayamtua!!!! fam, did u see his batang?
kikiki!!!!!!

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:17 | Report Abuse

I LOVE CBM GAS INDONESIA

chant it 100 times...
everyday.. every minutes
of your miserable short lifes...

PASTI.... YAKING....

TUJU LANGIT!!!!

ha ha ha ha

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:19 | Report Abuse

THE WORLD CHEAPEST CBM GAS PLAYERS
in YEAR 2025 INDONESIA WILL BE THE NEW ECONOMIC POWERHOUSE

THE WORLD BIGGEST CBM GAS (OPEC-LIKE) ...

THE FUTURE IS NOW...

- not a samsung or oppo promotion...
kikikikiii

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:20 | Report Abuse

1MDB SHOULD LOOK INTO CBM GAS INDONESIA....
GAS SEDAPPPPP, GAS NYAMAN.... GAS MANIS!!!!


kikikikiki

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:21 | Report Abuse

ValueCap and Khazanah SHOULD look into


CBM GAS INDONESIA..

ya pak, nongkrong.. nongkrong.. yuukkkkkk....

kikikikiii

AyamTua

13,598 posts

Posted by AyamTua > 2015-10-27 11:23 | Report Abuse

EPF + KWAP + LTAT + VALUECAP

should... look into ............

(((( CBM GAS INDONESIA )))))


potential ...

kikikiikiki

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