Fpso Kraken shut down due to malfunction transformer. Takes at lease 1 to 2 month to get it run back. Luckily I already disposed few month back at 0.68c. Now all in Velesto.
According to 100's of studies Done on contra play in DJ----98% players lost Half their money in 3 years. My Velesto worth 191% today ( invest 8.5months ago---not even One years.---Bank FD pays 4% Max ) How to compare 96% Gain & 4% in FD ?????????
As stated above there are US$ 417 Bil " Dried Powder" ( meaning ready Cash ) in Private Equity willing to supports any M&A----If Velesto wants to Rent / Buy 2nd Hand Rigs for Petronas Job--many private Equity Cash are available
If look at trend on today trading, price supposed to dip down bcoz mostly selling but dispite going down price going up. PNB/ Amanah slightly beli ke..
Super Good news ! More & more companies rushing to be listed into KLSE ! There are 6 companies going to be listed in KLSE for July & early August 2023 !
Saudi Arabia extended 1 mil barrels output cut per day up to August. Russia and Algeria also join the party, agreed to curb supplies. Very good for DCR...
"All of our rigs are contracted now and they are on firm contract until the middle of next year. We are already bidding for work for the end of 2024, 2025 and 2026," he said.
He said the prospect of Velesto's bidding is worth RM3.7 billion and it is a positive indication of the wealth of opportunities out there."
😍😍😍 3 billions bidding.. Each announcement naik 0.05 is good enough.
Malaysia joined force with opec now. The other three countries that also agreed to join the group are Azerbaijan, Brunei and Mexico. This will strengthen the crude oil price further...very good.
Velesto Energy Bhd’s (VEB) indirect wholly-owned subsidiary, Velesto Drilling Sdn Bhd, has secured a contract for the provision of one 10K Jack-Up Drilling Rig for Thailand’s PTT Exploration and Production Public Company Ltd (PTTEP) 2022-2023 exploration drilling programmes estimated to worth US$13 million (US$1=RM4.66). In a filing with Bursa Malaysia today (July 11), it said the contract was secured from PTTEP’s subsidiaries — PTTEP HK Offshore Ltd, PTTEP Sabah Oil Ltd and PTTEP Sarawak Oil Ltd. It said the contract, expected to commence in February 2023, is to drill two firm wells and Velesto Energy would assign its NAGA 3 for the contract. Founded on June 20, 1985, PTTEP is Thailand’s national oil company and its main business is to explore and produce petroleum products, mainly natural gas, crude oil and condensate, with focus areas in Thailand, Southeast Asia and the Middle East. NAGA 3 is a premium independent-leg cantilever jack-up drilling rig with a drilling depth capability of 9,144 metres and a rated operating water depth of approximately 106.68 metres.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
George99
259 posts
Posted by George99 > 2023-06-06 15:21 | Report Abuse
Pui. Can not move at all