| 18:55 19/04/2012 | Fighting talk from Repsol |
| Just in case you didn't see it: http://www.pennenergy.com/index/petroleum/display/4914335712/articles/pennenergy/petroleum/finance/2012/april/repsol-promises_to.html?cmpid=EnlDailyPetroApril182012 This associated presentation is great...... section 4 is titled: "Vaca Muerta: The cause of the Pillage?" https://imagenes.repsol.com/es_en/YPF_Expropiacion_ing_tcm11-621728.pdf I think that one way or another, once the dust settles then Andes Energia value will come flooding back! LR By Ladder Rack |
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| 9:58 17/04/2012 | Thanks Christine! |
| ......... seems like CFK really is bonkers, how in the hell does she think she will attract the foriegn investment needed to exploit the massive Argentinian unconventional resources now????? http://www.guardian.co.uk/business/2012 ... sfeed=true Maybe if Repsol are not happy with the 'settlement' and relations between Spain and Argentina continue to sour they'll eventually farm in to some Falklands acreage...... they always say revenge is best served cold After CFK walked out of the Americas summit at the weekend it's quite clear she does not think much of the US and Canada so in effect she is starting to spearhead an isolation of South America from North America and Europe..... Definately a mad cow..... more to the point one that could prove to be dangerous...... especially to her own people IMHO http://www.aljazeera.com/news/americas/2012/04/201241517107911574.html LR By Ladder Rack |
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| 17:13 11/04/2012 | Re: Well... |
| Amen there - Sounds like this could linger for a while then. By Spadeychops |
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| 10:50 11/04/2012 | Re: Well... |
| I think the extension just means that the whole electricity industry in Argentina is still in limbo pending the tariff increase that is now way overdue....... it's not bad for Andes but at the same time I doubt the vendor would really have been able to offload the EDELAR business to anyone else in the current circumstances so perhaps it is not surprising then that they have agreed to the extension. I am sure the Argentine authorities are somewhat reluctant to do what they ultimately must do since the consumers have already suffered an increase based on reduced subsidies...... the problem is that until the actual tariff charged by the distribution companies can be increased there is little or no incentive to invest further in the already overloaded infrastructure. Come on CFK, pull your finger out and get this sorted, it's more important toi your country than all the 'grandstanding' about the Falklands ! By Ladder Rack |
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| 9:10 11/04/2012 | Well... |
| It's been extended again - that's good news surely! :-) By Spadeychops |
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| 11:27 03/04/2012 | EDELAR news is overdue..... |
| ....... according to the Update RNS on 17th Feb 2012: "Andes is pleased to announce that it has reached agreement with the vendors to extend the option exercise and acceptance payment date to 31 March 2012." Again with the Argentine authorities cutting Electricity subsidies but not allowing the industry to make inflation tracking increases to prices there may well be insufficient 'incentive' to progress with this. LR By Ladder Rack |
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| 10:56 03/04/2012 | The only thing that limits...... |
| ....... my investment here is the utter ineptitude of the Argentine authorities. http://www.marketwatch.com/story/ypf-exxon-in-deal-on-unconventional-oil-report-2012-03-29 At the same time CFK is trying her hardest to whip up hatred towards the UK regarding the Falklands she is busy trying to wreck a perfectly good Oil and Gas industry in her own backyard.... is it any wonder absolutely nobody in the Falklands would want things to change? LR By Ladder Rack |
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| 10:28 03/04/2012 | Re: Vaca Muerta flow testing...... |
| More good news from the Neuquen basin in the province of Mendoza perhaps points to the potential 'upside' of our Grecoil acquisition http://en.mercopress.com/2012/03/30/ypf-announces-discovery-of-huge-unconventional-shale-oil-deposits-in-mendoza I was expecting a further farm-in by YPF but perhaps everyone is waiting tor the Argentine authorities and YPF to reach an understanding before we will see more activity...... there's big oil and gas at stake so value will out eventually....... just need patience LR By Ladder Rack |
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| 9:33 03/04/2012 | Re: 52p and rising ... |
| Something must be brewing GLA By prostand |
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| 9:24 03/04/2012 | 52p and rising ... |
| The recovery is on. Well done if anyone bought at 42p. Fingers crossed for more to come. (May be optimistic, but here's hoping ...) Good luck if you're holding one or a bottom fisher. By RickyC3 |
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| 14:12 31/03/2012 | Re: Any news or rumors |
| We are dropping because Argentina is making all oil,gas and energy companies keep the revenue in Argentina... Thats not good news at all.. http://en.mercopress.com/2011/10/26/argentina-floods-the-market-with-dollars-to-control-money-speculation By barno99 |
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| 13:11 28/03/2012 | Any news or rumors |
| Hi all, Any news or rumors doing the rounds on this stock. I've been doing some research but finding useful or reliable info hard to come by. Anyone have a view on where this SP is heading, otherwise I might cut my losses and invest where I see more concrete potential. Would welcome any snippets fellow investors may have. Thanks Spadey By Spadeychops |
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| 16:17 23/03/2012 | Vaca Muerta flow testing...... |
| ....... is underway in a number of wells that have been drilled into the formation by a selection of other companies who are also evaluating the non-conventional potential of the Neuquén Basin. http://www.oilearth.com/n/Madalena_provides_operations_update_for_Argentina/13d513f8a5ca.aspx http://www.marketwire.com/press-release/americas-petrogas-commences-testing-vaca-muerta-shale-at-huacalera-huax-1-well-tsx-venture-boe-1635351.htm Meanwhile it seems that Repsol are seeking a partner to work with YPF and any news of progress in that regard would surely be fantastic for Andes http://www.foxbusiness.com/news/2012/03/21/repsol-seeks-partner-to-invest-in-argentinas-vaca-muerta-field-report/ On the other hand the Argentine government seem hell bent on screwing up the O&G industry and appear to be contemplating Nationalisation of YPF http://www.riskwatchdog.com/2012/03/20/argentina-tightens-screws-on-ypf-signalling-possible-nationalisation/ I suspect this is the main reason that the farm-out process has not yet been extended to the blocks obtained throught the Grecoil acquisition...... maybe Andes will seek another partner to try to hedge their YPF related risks Oh well, Andes never really was for the faint hearted LR By Ladder Rack |
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| 17:44 20/03/2012 | Re: Stable at 53p |
| Ricky, I'm sorry if you were pulled in here by any of the ramping twits who in truth don't have the first clue about the company. If you are able to hold for some time there is a very good chance IMHO that you will ultimately be able to see a good return here. Another positive announcement on the O&G side could easily see us rising quickly again and whilst the Electricity business performance is a little disappointing at present that will be resolved in a flash whenever the Argentine authorities enable the new tariffs........ they can't hold out forever or their whole Electricity Generation and Distribution Infrastructure will just be neglected which will not support the continuously rising demand...... more powercuts will ultimately cost votes so there is a political driving force. Unfortunately the poor liquidity of Andes in between news might has meant that the price has plunged on much lower volume than caused the rise. I personally think that there could be additional farmouts to YPF in the offing and that would certainly mean that the Grecoil aquisition was more strategic than is currently reflected in the SP...... as usual, we'll see LR By Ladder Rack |
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| 15:56 19/03/2012 | Re: FANTASTIC OPPORTUNITY. |
| Thanks for that. By henbut |
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