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BSE Announcements on Interlink Petro
Posted by :
MMB MessengerInterlink Petroleum Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009. ...
BSE Announcements on Interlink Petro
Posted by : MMB Messenger
Interlink Petroleum Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 27, 2009, inter alia, has forfeited 8,800 partly paid up Equity Shares of the Company allotted to 24 shareholders on May 29, 1994, for their
non-payment of call money, despite of repeated reminders....
Search the popular message boards and you will get plenty of views on the broad....
BSE Announcements on Interlink Petro
Posted by : MMB MessengerInterlink Petroleum Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2009, inter alia, to consider the quarterly Financial Result for the period ended September 30, 2009 and forfeiture of partly paid up Equity Shares....
RESEARCH REPORT by SONIA SHARMA
Posted by : CompletelyWrongAny info with you regarding the antecedants or pedigree of the lady who has given the call ?...
Dear CompletelyWrong !!
I have just shared the information I recieved.TO believe or not to believe is an individual call.
Regards
Chartguru...
RESEARCH REPORT by SONIA SHARMA
Posted by : CompletelyWrong
What a selfless woman, to disclose the next HOEC at such a cheap rate.
Would she be willing to pick up the management stake at current rate ? Or come in as a strategic investor ?...
BSE Announcements on Interlink Petro
Posted by : MMB MessengerInterlink Petroleum Ltd has informed BSE that the 18th Annual General Meeting (AGM) of the Company was held on September 01, 2009. ...
Valuation of Interlink Petroleum Shares
Posted by : Guest
its all G A S
god only knows if there is any gas still left as the puplic issue is nearly 15 - 18 years old n this is what company has to show?...
Valuation of Interlink Petroleum Shares
Posted by :
Valid_Data
Could you please let me know, when we can materialize our investment?
because it also another cals refineries.
instead of hyping on the share, throw some good figures....
May he rest in peace. ...
COTD.....
Existing Asset Overview : Baola field in Gujarat, India
Field Discovery in 1971
Discovery well Baola 1
Area 4 Sq. Km.
Depth of Top of Reservoir 880 metres
No. of wells 2 (Baola 1 & 5)
Baola 1 tested gas @ 36225Cu.m/d (6mm bin)
Baola 5 tested gas @32130Cu.m/d (6mm bin)
PSC signed on 5th April 1995
Mining Lease granted in March 2001
Gas Supply from Baola 1 @12000 Cu.m/d from June 2001 to June 2004
Supply stopped due to water ingress
Existing Asset Overview : Baola field
Action Plan :
Reprocess Existing Seismic data & well date to
determine possibility of well intervention
Acquistion, processing and Interpretation of 2D
(infill)/3D Seismic data
Drill a new well and start production of gas fpr supply
Existing Asset Overview : Modhera field in Gujarat, India
Field Discovery 1982
Discovery well Modhera 1
Area 12.7 Sq. Km.
2D Seismic 1976-1986
Depth of Top of Reservoir 898 metres
No. of wells 1 (Modhera 1)
Highly viscous Oil shows at 964-972 mtrs. while testing
PSC signed on 23rd Feb 2001
Mining Lease granted in Nov 2008
Oil supply agreement with Indian Oil.
Existing Asset Overview : Modhera field
One well drilled Modhera # 1 projected to 2500m targeting Kalol as primary and deeper secondary targets.
Stuck during drilling at 1822m. Side-tracked from 1917m and drilled to 1798m. Stuck again & terminated drilling. 9-5/8 casing set at 1010m.
Secondary deeper Cambay shale and Olpad target not achieved.
Action Plan : Modhera field
Reprocess existing Seismic data and study of existing well logs
Acquisition, processing and interpretation of 3D Seismic
Drilling of well(s) to also explore Olpad formation (2500m), build infrastructure like EPS etc. and start production of oil and supply
Board of Directors & Management
B.C Bora, Chairman
Mr B. C. Bora is a petroleum engineer with a Bachelors degree in Mechanical Engineering from Banaras Hindu University and also a Fellow of the Institution of Engineers. He is widely recognized and acknowledged as one of the foremost authorities in the oil & gas industry in India with 45 years of experience.
Earlier positions held include Chairman and Managing Director (CMD), Oil and Natural Gas Corporateion (ONGC) and CMD, Oil India Limited (OIL) the two national upstream companies of India.
Presently Mr B. C. Bora is a Director of Assam Hydrocarbon and Energy Company (AHECL) of Government of Assam and an Independent Director of the Gujarat Gas Company Limited.
Lee Chye Cheng Adrian, Director
A management graduate, Mr. Adrian Lee Chye Cheng, is responsible for overall management and operations of Jit Sun Investments Pte Ltd., a privately held family company managing assets in excess of SGD 400 Million.
Lai Michael Kai Jin, Independent Director
Mr. Michael Lai Kai Jin holds a Bachelors degree in Law. He is an Advocate & solicitor and heads the shipping department in Khattar Wong (a Singapore Law Firm).
He is a director in EOC Limited on Oslo Bors ( Norway), Intelli-Media( Holdings) ltd. ( listed on Hong Kong Exchange), Clearing Ltd. and Select Group Limited listed on Singapore Exchange.
Regards
Chartguru
...
mARKET CAP OF THIS COMPANY IS JUST 60 CRORES WHEREAS PROMOTERS ARE HOLDING 60% DIRECTLY AND 12% THRU PERSONS ACTING IN CONCERT
THE COMPANY HAS BEEN BOUGHT OVER BY JIT SUN, A SINGAPORE CONGLOMERATE AND INVESTMENT ARM OF ZURONG GROUP .THEY MADE AN OPEN OFFER AT 16-17 PER SHARE FOR 20% LAST YEAR
THE PROMOTERS ARE A WELLKNOWN GROUP IN OIL ASSET MANAGEMENT AND HAVE CLIENTS LIKE EXXON AND CHEVRON IN WEST AND CHINA PETROLEUM IN EAST
COMPANY HAS BEEN BOUGHT OVER BY JIT SUN, A SINGAPORE CONGLOMERATE AND INVESTMENT ARM OF ZURONG GROUP .THEY MADE AN OPEN OFFER AT 16-17 PER SHARE FOR 20% LAST YEAR
THE PROMOTERS ARE A WELLKNOWN GROUP IN OIL ASSET MANAGEMENT AND HAVE CLIENTS LIKE EXXON AND CHEVRON IN WEST AND CHINA PETROLEUM IN EAST
IF YOU COMPARE THE FIELDS THEY ARE ADJACENT TO HOEC (INFACT EXACTLY ADJACENT TO IT)
THE POTENTIAL IS 12000 BOPD FROM EACH BLOCKS AGAIN SIGNIFICANTLY HIGHER THEN HOEC
THEY HAVE LAUNCHED A NEW COMPANY INTERLINK PTE REGISTERED IN SINGAPORE .tHE COMPANY IS AQUIRING OIL ASSETS AT A VERY CHEAP RATES
WITH NEW MANAGEMENT WE CAN EXPECT THIS COMPANY TO REACH A NEW HEIGHTS JUST EXACTLY WHAT HAS HAPPEN WITH HOEC which have now have a market cap of 4000 crores WHEREAS INTERLINK HAS ONLY 60 CRORES
Interlink Petroleum Limited (IPL) is a public limited company, incorporated in 1993 under the laws of India and listed on the Bombay Stock Exchange. Since 1995, IPL has been engaged in the exploration and production of oil & gas.
Following the opening up of the hydrocarbon sector by the Government of India to attract private investment, IPL was among the first few private sector companies to be awarded the rights to develop the Baola field in Gujarat. The Production Sharing Contract (PSC) for Baola was signed in 1995. This was followed, in 2001, by the award and signing of the Production Sharing Contract for Modhera field also located in Gujarat.
Both the fields are located in the petroliferous Cambay basin which has excellent infrastructure and are in close proximity to the local market for oil and gas. Upon the grant of permission to produce in 2001, and after carrying out necessary work, IPL started production of gas @12000 Standard Cubic Metre from Baola field through Baola well # 1, and supplied gas to the consumers in the local area. The Mining Lease (ML) for the field was granted in 2004. However, production had to be suspended due to water ingress in the well by end of 2004
In 2008, M/s Jit Sun Investments Pte Ltd., a company incorporated under the laws of Singapore, assumed majority stake in IPL with infusion of fresh capital. With the resultant change in ownership, IPL plans to revive the Baola field by acquiring 3D seismic data and drilling of additional well(s) by 2010 to resume production.
With respect to Modhera field, the PSC was signed in 2001 and the Mining Lease was issued in November, 2008. IPL is in the process of acquiring 3D seismic data in the field in 2009 to define topographic sub-surface structures utilizing latest technology to help identify reservoir locations and specify drilling locations.
The induction of new Directors to the Board of IPL with vast experience in the oil and gas industry enables IPL to move ahead and transform itself into a vibrant and innovative Exploration & Production company.
...
Valuation of Interlink Petroleum Shares
Posted by :
aadshahA rough estimate of valuation of Two Oil Fields of the company is Rs. 500 plus per share. Another Cairn Energy is in the offing. Hold on to the share. Holder may be stunned by the higher level of share price in medium term....
BSE Announcements on Interlink Petro
Posted by : MMB MessengerInterlink Petroleum Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 29, 2009 to September 01, 2009 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 01, 2009. ...
