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What happened to LNG Energy? - Printable Version

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- Gator - 04-20-2012

I see it has been cut in half the past few days. Anybody know anything?


- Petrovale - 04-20-2012

Latest news I could find, dealt with farm-out process in respect of PPL 319 in PNG. Risky stock, when many want to exit at the same time.


RE: What happened to LNG Energy? - Tusker - 06-28-2012

No more fracking in Bulgaria - that was a loss.
XOM pulled out of PL.
Waiting on PNG I guess.

Tusk


RE: What happened to LNG Energy? - admin - 06-28-2012

Fracking in Poland delivered disappointing results, but I can't remember which company


RE: What happened to LNG Energy? - sageo - 06-30-2012

(06-28-2012, 01:00 PM)admin Wrote: Fracking in Poland delivered disappointing results, but I can't remember which company

Adim- It was Exxon.


RE: What happened to LNG Energy? - admin - 06-30-2012

(06-30-2012, 03:53 AM)sageo Wrote:
(06-28-2012, 01:00 PM)admin Wrote: Fracking in Poland delivered disappointing results, but I can't remember which company

Adim- It was Exxon.

Yea, thanks:

Poland May Cut Shale Gas Estimates After Data From Wells
By Marek Strzelecki - Mar 1, 2012 2:55 PM GMT+0100
Poland’s estimated shale gas reserves, believed to be the largest in Europe, may be cut once data is analyzed from the country’s first wells, the Polish Geological Institute said.
“Core logs from Polish wells are being analyzed with the help of U.S. technology,” Miroslaw Rutkowski, a spokesman for the institute, said by phone. “As result, we’re expecting that our estimates will be lower than those of the EIA,” he said, in a reference to the Energy Information Administration.


RE: What happened to LNG Energy? - sageo - 07-02-2012

(06-30-2012, 03:58 AM)admin Wrote:
(06-30-2012, 03:53 AM)sageo Wrote:
(06-28-2012, 01:00 PM)admin Wrote: Fracking in Poland delivered disappointing results, but I can't remember which company

Adim- It was Exxon.

Yea, thanks:

Poland May Cut Shale Gas Estimates After Data From Wells
By Marek Strzelecki - Mar 1, 2012 2:55 PM GMT+0100
Poland’s estimated shale gas reserves, believed to be the largest in Europe, may be cut once data is analyzed from the country’s first wells, the Polish Geological Institute said.
“Core logs from Polish wells are being analyzed with the help of U.S. technology,” Miroslaw Rutkowski, a spokesman for the institute, said by phone. “As result, we’re expecting that our estimates will be lower than those of the EIA,” he said, in a reference to the Energy Information Administration.

Admin-Thanks for your interest in LNG energy. I have often wished that they would have spent their money and time on ppl 319 and ppl 321 in PNG. The seismics they now have in those two areas look very good for prospecting, IMHO. Poland may (eventually) work out, but I sure believe they are being short-sighted on their PNG leases. Again, thanks and good luck to you!


RE: What happened to LNG Energy? - admin - 07-02-2012

My pleasure, Sageo, we'll keep on following it.