Sat, Aug 23, 2014, 11:43 AM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

GeoGlobal Resources Inc. Message Board

  • nvseal2004 nvseal2004 Apr 4, 2005 9:49 AM Flag

    Something up

    We just hit $1.50 on 179K shares in first 15 minutes of trading. Maybe we will finally get things to go our way for once.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Sure; you only had to see earlier posts.!

      • 1 Reply to bs572
      • I'm not so sure things are going well, stock has sold off back down to $1.40, seems like someone bought some bogus story and stepped in aggressively and now stock has sold off .I have read earlier posts alluding to possible oil hits/gas hits but stock hasn't reacted as if it were true. Also saw this from Raging Bull and it doesn't sound encouraging to me:

        GSPC consortium completes third well in KG-OSN-2001/3: Small traces of gas found

        March 30: The consortium of Gujarat State Petroleum Corporation (GSPC), GeoGlobal Resources (GGR) and Jubilant Enpro has completed the drilling of KG-8 well in the Krishna Godavari (KG) Basin in the exploration Block KG-OSN-2001/3 off the east coast of India. According to sources in GSPC, the KG-8 well was drilled beyond a depth of 3,000 metres. "The results are being assessed. We have found small traces of gas at different levels but we don't know whether that is commercially exploitable," a consortium official told this website. KG-8 is the third well in the prospective Andhra block. The first two wells -- KG-1 and KG-11 -- were abandoned and plugged as no traces of hydrocarbons could be found in them. The consortium hired the drilling rig Perro Negro 3 to drill the third well from January 14, 2005, at an average cost of US$ 1,30,000 per day. The KG-8 well is located in the southwestern part of the KG Block in shallow waters of about 60 metres. The consortium is currently in Phase-I of the MWP and has plans to drill one more exploratory well in the block. KG-OSN-2001/3 is a NELP-III Block, jointly held by the consortium where GSPC is the operator with 80% stake, Jubilant Enpro with 15% and GGR has 5% stake. By Sadiq Shaban


Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.