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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

TSXV:LFD - Post Discussion

Longford Energy Inc > spilled milk
View:
Post by FXi7 on Feb 19, 2012 7:28pm

spilled milk

What can I say but I am tired of reading about this lost opportunity. I voted yes to ensure I get my .10c divident at least and then likely step out shortly after, if nothing is brewing. Shame!! FX

Genel Energy (LON:GENL)

Tony Hayward said: "These are excellent deals for Genel. For what we consider a very good price, they give us 80 per cent of a high-quality asset in one of the last great hydrocarbon provinces accessible to international investors.”

“Operations are already in train for an exploration well this year. We anticipate further drilling over the next two years as we conduct a comprehensive exploration programme to fully evaluate the block," he added.

The acquisition will add some 183.4 million barrels of unrisked prospective resources to Genel Energy’s portfolio.

Comment by pennyoilking on Feb 19, 2012 9:54pm
Vomit.  I am so sick over the fact that management gets almost $4 million dollars in payouts for selling an asset at a major loss and then they remain with the company afterwards.  There was no change of control!  These thieves belong in jail, IMHO.
Comment by taxistealer on Feb 19, 2012 10:42pm
This post has been removed in accordance with Community Policy
Comment by dreamer05 on Feb 20, 2012 12:30pm
It adds more to the injuries, no body can do anything about it. If you look at the recently announcement related to Genel, they are very happy in acquiring this 40 % working interest in the Chia Surkh oil field beliveing it will deliver 181 million barrels of reserve oil in the future. And it means we are losing the same amount of oil to Genel. What kind of shareholders interest Management give us ...more  
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