Afren Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9266746 February 8, 2012
http://bit.ly/z40NTZ By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9266746&action=detail Thu, 09 Feb 2012 06:31:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9266258 Updated February 8, 2012
http://on.cfr.org/x9LdXO By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9266258&action=detail Wed, 08 Feb 2012 21:53:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9263499 Diary of a Top Stocker: 5 quality blue chips I've got my
by Gavin Lumsden on Feb 08, 2012 at 11:49
http://bit.ly/xl8VYQ By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9263499&action=detail Wed, 08 Feb 2012 12:35:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9262549 Wednesday, February 8, 2012 9:09 AM
http://bit.ly/w2xdyv By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9262549&action=detail Wed, 08 Feb 2012 10:01:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9262386
Any snippets out there on how Hunt are doing in Kurdistan we should be getting closer every day???

The test results on the Shaikan 4 well by GKP are getting juicer and juicer. They claim they have given up measuring the "good" stuff and just measuring the "poor" zones so as not to over power their test-production facilities.

Regards All By MacPithy ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9262386&action=detail Wed, 08 Feb 2012 09:39:00 GMT MacPithy tag:iii.co.uk,2003:tst.9262356
This rig has got a history; if not directly involved, the associations hopefully can be de-jinxed by a bit of West African voodoo!!!

Maybe we could do a roaring trade in rabbits feet!!

If you like your news a bit on the "doomed" side have a look at "Harolds" posts on GKP.

Best of Luck All

Regards JM
By MacPithy ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9262356&action=detail Wed, 08 Feb 2012 09:34:00 GMT MacPithy tag:iii.co.uk,2003:tst.9261527 http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9261527&action=detail Wed, 08 Feb 2012 02:32:00 GMT mrposhman tag:iii.co.uk,2003:tst.9261525
Remember that flow rates are only part of the story, no estimate yet for recoverable oil thought the last few presentations have now suggested that the mean will be on the lower end of expectations and therefore the P10 figures could well be closer to the actual oil volumes, which would be awesome. I'm pretty sure that would put Okoro East at a greater size than Okoro itself. By mrposhman ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9261525&action=detail Wed, 08 Feb 2012 02:27:00 GMT mrposhman tag:iii.co.uk,2003:tst.9261524
You won't get any good guidance from the last well because it was plugged and abandoned at a shallower depth than the TD on the current well. I'm sure on the last webcast they suggested around 70 days so I think its more likely to be mid April before we hear anything.

Why do you think Afren have not been super quick to release details in the past? By mrposhman ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9261524&action=detail Wed, 08 Feb 2012 02:24:00 GMT mrposhman tag:iii.co.uk,2003:tst.9260803 http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9260803&action=detail Tue, 07 Feb 2012 21:26:00 GMT Barney71255 tag:iii.co.uk,2003:tst.9260404
The rig began to take on water and list during anchor recovery operations and it’s believed there is damage to the rig’s #5/#6 anchor chain lockers, however the rig’s crew has since been able to stabilize the situation and a Transocean employee has approximated the list to be less than one degree – a fact that suggests she is stable and no water has entered the column closest to the damage. The rig’s ballast pumps are keeping up with the inflow of water and there was no report of any environmental impact.

But despite being stable, the rig is not yet in the clear. Due to the increase in water pressure at depth, punctures in the pontoons of semi-submersible oil rigs, like the Marianas, are always considered critical. The increased pressure at depth translates to a higher rate of water ingress than would be measured on a traditional ship with equivalent damage. The higher pressure at depth also means increased pressure at the point of damage thus increasing the likelihood of the damage spreading into adjacent compartments. It has not reported if it was at the rig’s higher transit draft in preparation for move – the ususal next step after anchor recovery – which would help minimize the pressure exerted on the damaged pontoon.

Transocean spokesman Guy Cantwell told Reuters ”The rig is stable at this time. There are no injuries,” and has officially downplayed the risk of sinking but sources closer to the damage tell us the company has placed top priority on the incident and has not ruled out sinking as a possibility if weather deteriorates, the damage spreads or a mechanical failure is experienced.

gCaptain has also received word that Transocean has made the proper notifications with regulatory authorities, investors and the media. In addition gCaptain has been told the company has placed stationed tugs in the area, has developed a plan to evacuate the 13 remaining personnel if damage worsens and a team of divers from a nearby rig is en-route to assess the damage.

gCaptain contributer and weather expert Fred Pickhardt of Ocean Weather Services, reports with the following forecast for the region:

Currently satellite images show widespread tropical shower activity across West Africa but mostly concentrated overland, however, some shower activity extends southward over the coastal waters. Surface winds over the area are southerly to southwesterly mostly forces 2-4 with a mostly southerly swell of 5-7 ft at 8-10 seconds.

Oddly enough, the Marianas was the same rig that initially “spudded” the ill-fated Macondo well that led to last year’s tragedy in the Gulf of Mexico. This rig was initially named “Tharos” and designed as a floating “fire truck” of sorts for the North Sea, however it was later converted to a drilling rig and renamed after it’s design proved highly ineffective during the Piper Alpha disaster that occurred 23 years ago on this date.

http://gcaptain.com/transocean-danger-sinking-report/?27595

RS6 By AUDIRS6 ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9260404&action=detail Tue, 07 Feb 2012 19:34:00 GMT AUDIRS6 tag:iii.co.uk,2003:tst.9260107 http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9260107&action=detail Tue, 07 Feb 2012 18:07:00 GMT Weildy tag:iii.co.uk,2003:tst.9260076 February 07, 2012, 12:21 PM EST
http://buswk.co/xkufGk By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9260076&action=detail Tue, 07 Feb 2012 17:59:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9259128
as mrposhman has most credibly pointed out that the net oil pay of 549ft is twice the size of the last okoro oil find and thats flowing roughly 10k bopd.

if they announce flow rates in excess of 10k or even 15k bopd then expect us to test £1.40 on the open.

2 wells drilling continuously and in my book these 2 are probably the most effective for the sp, kurdistan and keta.

good to see sp holding current levels, looking for excellent rns any day.

come on afren. By sufi sb ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9259128&action=detail Tue, 07 Feb 2012 15:17:00 GMT sufi sb tag:iii.co.uk,2003:tst.9258404
The Cuda 1x well was spudded in 16th November 2008 http://www.subseazone.com/zones/fps_brief.aspx?brief_id=16038

And the well was subsequently plugged and abandoned on 29-12-08
afren press release december 2008
http://www.afren.com/news_and_media/press_releases/12/2008/

So if they spudded at the new well start of this month by the end of march we should hear something, although Afren have not been super quick at releasing details in the past

Also found this which may all be lies but is sort of interesting
http://petex.pesgb.org.uk/cgi-bin/somsid.cgi?page=html/abstracts/abstractid42 By Frazbod ]]> http://www.iii.co.uk/investment/detail?code=cotn:AFR.L&display=discussion&id=9258404&action=detail Tue, 07 Feb 2012 13:05:00 GMT Frazbod