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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

TSXV:LFD - Post Discussion

Longford Energy Inc > Halt Coming
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Post by EOIM on Feb 07, 2011 12:04pm

Halt Coming

I can feel it. LFD likely to be halted anytime on or before February 15. Hold tight!

P10 may be htting anywhere from 3 to 10 billion for all new 4 prospects plus the discovered field.

P50 to be between 300 and 500 million barrels!

With Iraqi PM confirming the PSC deal, the game in KRG has changed!!
Comment by Baxter4 on Feb 07, 2011 12:21pm
There may be an issue with honouring the KRG contracts. The PM says one thing but the deputy PM says another. Back to square one again.Iraq wants Kurd oil deals amended: ShahristaniBy Reuters Published Monday, February 07, 2011 Iraqi Prime Minister Nuri Al-Maliki was misquoted as saying the central government would honour Kurdish production-sharing oil contracts, Deputy Prime Minister Hussain ...more  
Comment by EOIM on Feb 07, 2011 1:24pm
Baxter, You failed to post page 2 of that press release. Here is the continuation: https://www.reuters.com/article/2011/02/07/iraq-oil-kurds-idUSLDE71619W20110207?pageNumber=2 Mon Feb 7, 2011 11:21am ESTAGENCY STANDS BY STORYBut AFP said it stood by its story."Mr. Maliki was not misquoted, and we stand by our story in full. In no part of our interview did Mr. Maliki suggest revising the ...more  
Comment by Baxter4 on Feb 07, 2011 3:16pm
Here is another article which states the KRG signed agreements will be honoured. It seems the Deputy PM doesn't agree but he does not have the pull of the PM. Global oil firms get boost in KurdistanMon, 07/02/2011 - 16:02 | Fiona Bond International oil companies with an eye on Kurdistan had reason tocelebrate on Monday, after the central government of ...more