15:07 23/05/2012 Re: We Found Some Gas!!
Ophir energy has a market cap of £2B.

BG a market cap of £42B

Even if BG are exclusive and the only Ophir partners that still only accounts for £3B of BG's market cap which is not even 10%. So yes there is positive exploration news but it only represents a small % of the assets.

External market factors are having more of an impact right now than any company newsflow. Agree with the takeover scenario as BG do have many interesting assets for a potential suitor.

Regards
James

By My name is Bond James Bond
9:25 17/05/2012 Re: We Found Some Gas!!
if our share price goes any lower, we would become a takeover target By Jimbo Rules
8:47 17/05/2012 We Found Some Gas!!
As a shareholder of Ophir Energy (as well as BG), I'm obviously pleased to see the two recent discoveries in Tanzania bumping up the OPHR share price as expected.

What I don't understand is why the market has almost completely disregarded these findings with respect to the BG share price, even though it has a 60% share of the project with Ophir.

In fact every piece of good news BG has put out in the last 3 months seems to have been ignored by the market. Is the company so huge that no amount of news on this scale makes any difference whatsoever?

I know there have been some negative issues such as increased expenditure in Oz, the Elgin gas leak and the general rejection by the market of oil and gas companies, but it seems that no amount of good news at this time that will have any positive impact on the share price. Very frustrating, but maybe an opportunity to buy some more when the markets eventually settle.
By Steve 932
7:41 16/05/2012 Fifth consecutive Tanzania gas discovery
BG Group today announced its fifth consecutive Tanzania gas discovery with the Mzia-1 exploration well located in Block 1, offshore southern Tanzania.

Mzia-1 is BG Group's first discovery within the deeper Cretaceous section and opens an extensive new play fairway within the Group's offshore acreage in Blocks 1, 3 and 4, to complement the now proven Tertiary fairway.

Preliminary evaluation of the results indicates 55 metres of natural gas pay in good quality sands. An extensive logging programme has been completed, including the acquisition of pressure data and gas samples.

Significantly, the well has de-risked a number of adjacent Cretaceous prospects, which could form part of a future Mzia hub. These prospects are expected to be tested in a future appraisal programme to be defined following incorporation of data from this new well and 3D seismic.

The new resources proven by Mzia and the potential of adjacent prospects are currently under evaluation. Prior to drilling Mzia-1, BG Group had estimated mean total gross recoverable resources approaching 7 trillion cubic feet of gas from the four previous discoveries drilled in Tanzania.


Mzia-1 is approximately 45 kilometres offshore southern Tanzania in a water depth of 1 639 metres. It is some 23 kilometres from the Jodari-1 discovery and is part of the 2012 three-to-four well exploration programme.

Following the imminent completion of operations at Mzia, the Deepsea Metro-1 will relocate to Block 3 for the drilling of the next exploration prospect, Papa-1.

BG Group as operator has a 60% interest in Blocks 1, 3 and 4 offshore Tanzania, with Ophir Energy plc holding 40%.

Notes to Editors:

BG Group plc (LSE: BG.L) is a world leader in natural gas, with a strategy focused on connecting competitively priced resources to specific, high-value markets. Active in more than 25 countries on five continents, BG Group has a broad portfolio of exploration and production, Liquefied Natural Gas (LNG) and transmission and distribution business interests. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves.
For further information visit: www.bg-group.com


By Steve 932
10:13 09/05/2012 Re: Ready to sell in May ?
Think mike has posted a few more today, must be the CEO of the magazine By Jimbo Rules
22:42 08/05/2012 Re: Ready to sell in May ?
Mike, I see you have posted this link (or similar link) on 28 different boards since Saturday.

A serial shorter or just bored? LOL
By Steve 932
20:59 06/05/2012 Ready to sell in May ?
http://moneyography.com/sell-in-may-and-go-away-buy-again-on-st-leger-day-3 By Mike-in-Paris
9:13 03/05/2012 ProactiveInvestors comment on results
http://www.proactiveinvestors.co.uk/companies/news/42299/bg-profit-boosted-by-new-projects-42299.html
By DaveHughes
15:12 28/04/2012 question
Anybody still here? Results due Thursday. By SamWak
14:58 05/04/2012 Re: Interesting read...
hi sparkey, you back then? By Jimbo Rules
13:19 05/04/2012 Interesting read...
"The capital investments-and the jobs created by it-are enormous. The Australian major Santos Ltd., along with Petroliam Nasional Bhd., are planning on shelling out $45 billion to create three LNG export facilities that would be able to convert 20.8 million tons of coal seam gas into LNG each year, reports the Wall Street Journal.

Other prominent players in Australian LNG are the BG Group PLC and the Australia Pacific LNG consortium, which is led by ConocoPhillips and Origin Energy Ltd."

Read more: http://www.oilvoice.com/n/How_exporting_LNG_could_bring_serious_wealth_to_the_US/25638f773831.aspx By Teadrinker
21:05 04/04/2012 Why?
Why has there been such a big fall in the share price today (4.86%) nearly twice the fall of the FTSE? By urban fox
16:38 04/04/2012 Re: Price Hike
DONT THINK SO By deerstag
11:04 19/03/2012 Re: Morgan Stanley says BG Group and Shell s...
oh no, this is spikey come back By Jimbo Rules
9:34 19/03/2012 Morgan Stanley says BG Group and Shell set to gain from high LNG demand
Morgan Stanley says BG Group and Shell set to gain from high LNG demand

http://www.oilgasdigest.com/2012/03/19/morgan-stanley-says-bg-group-and-shell-set-to-gain-from-high-lng-demand/ By Shanghai Noon