Beiträge von fs_fra

    ...sounds like a great place to visit for the world cup....NOT!!!


    viele von meinen Bekannten in SA hoffen immer noch, dass die WC Südafrika nur ein schlechter Traum ist und dass die FIFA bald aufwacht und das Tournament woanders stattfinden lässt!

    Sieht ja alles gut aus - soweit 8)


    PETROBANK ANNOUNCES THIRD QUARTER RESULTS AND
    CONTINUED SUCCESS AT WHITESANDS
    Calgary, Alberta – November 13, 2006 – (TSX: PBG, OSLO: PBG) Petrobank Energy and Resources Ltd.
    (“Petrobank” or the “Company”) is pleased to announce third quarter financial and operating results. The
    Company’s third quarter 2006 interim report, including financial statements and management’s discussion
    and analysis, is available on the Company’s website at http://www.petrobank.com, filed on SEDAR at
    http://www.sedar.com, and filed on the Oslo Børs website at http://www.oslobors.no.
    HIGHLIGHTS
    The third quarter results are highlighted as follows:
    • At our WHITESANDS project we began combustion operations and produced first
    oil from the world’s first THAI™ well pair, initiated the Pre-Ignition Heating
    Cycle (“PIHC”) on the second of three well pair and drilled five successful
    exploration wells on our oil sands leases.
    • The Company drilled 46 (40.5 net) conventional oil and gas wells in Canada.
    • Conventional production averaged 4,939 boepd in the third quarter of 2006, a 40
    percent increase over the comparative 2005 period.
    • Funds flow from operations increased 67 percent to $14.8 million.
    • Net income increased by 63 percent to $5.2 million.
    • In July 2006, the Company closed a new $120 million credit facility and used a portion of the
    proceeds to repay the remaining $50 million of 9% subordinated notes that were outstanding.


    THAI™ combustion operations at WHITESANDS during the third quarter of 2006 continued to confirm
    the effectiveness of the THAI™ technology in our first well pair. Two additional key operational
    milestones were achieved in the third quarter with the initiation of the Pre-Ignition Heating Cycle
    (“PIHC”) on the second well pair and the shipment of the first produced oil from the project.
    Air injection and combustion was initiated on the first of the three project wells on July 20, 2006, and we
    have been continually injecting air into the vertical well of this center well pair. During the first three
    weeks of air injection, in-situ combustion ignition was confirmed as we measured various indicators of
    the combustion reaction, including significantly rising temperatures in the reservoir zone, production of
    combustion gases and rising horizontal well bore temperatures. This trend continued through the third
    quarter with recorded reservoir temperatures reaching as high as 800 degrees Centigrade. Combustion gas
    analysis consistently demonstrated a high ratio of carbon dioxide to carbon monoxide, indicating a very
    high level of conversion of oxygen, hydrocarbon gases indicative of thermocracking of oil in-situ, and
    free hydrogen generated from high temperature reactions, all indicators of efficient high temperature
    combustion. These data also suggest that we are upgrading the oil in-situ. We are very early in the process
    of building out the combustion front in the first THAI™ well pair and estimate that only approximately
    7,000 m3 of the reservoir has been affected by combustion at the toe of the horizontal well, which is less
    than one percent to total reservoir volume expected to be affected by combustion over the life of each
    THAI™ well pair.
    Since initiating THAI™ production operations, the gross production capability from the first horizontal
    well has consistently exceeded 1,000 barrels of fluid per day with the potential production capability
    double our initial forecast rate. High productive capacity has meant that we have had to manage
    operations to match well flow with current plant capability. The composition of produced fluids
    continues to be variable, consisting of a combination of condensed steam from the Pre-Ignition Heating
    Cycle (“PIHC”), reservoir water, bitumen, and sand. Bitumen production rates, while variable, increased
    over the quarter. During October we saw a significant rise in bitumen production and we produced
    approximately 4,000 barrels of bitumen. This production was not rateable on a daily basis since the plant
    facilities were not on stream for the entire period. However, during this period, when producing at high
    gross fluid rates, we experienced an average 30 percent bitumen cut. While facility bottlenecks and well
    and plant maintenance operations during the quarter reduced the ability to produce continuously and at
    the higher rates, air injection operations were not curtailed and have increased over the quarter, indicating
    an expanding area of combustion.
    Surface facilities have been able to handle a wide range of fluid rates and temperatures, however we have
    experienced facilities downtime and reduced production due to equipment commissioning issues,
    adjustments to manage higher than design well production capability, and sand production. These
    facilities issues necessitate ongoing operational adjustments and sand clean-out procedures in the surface
    facilities and the horizontal well. As reported previously, the produced sand is very fine-grained,
    indicating that a sand-bridging structure within the reservoir has yet to be fully established. This is most
    likely a result of our transition from the earlier steam injection operations to combustion operations, and
    may have been impacted by earlier horizontal well procedures at the beginning of the THAI™ production
    phase. While we expect the produced sand to be minimized as the combustion front expands and a
    consistent rateable flow regime is established, we are also enhancing our sand handling capability to
    minimize plant down time. These facilities modifications are underway and are expected to be in place by
    the end of November.

    Sieht ja alles gut aus - soweit 8)


    PETROBANK ANNOUNCES THIRD QUARTER RESULTS AND
    CONTINUED SUCCESS AT WHITESANDS
    Calgary, Alberta – November 13, 2006 – (TSX: PBG, OSLO: PBG) Petrobank Energy and Resources Ltd.
    (“Petrobank” or the “Company”) is pleased to announce third quarter financial and operating results. The
    Company’s third quarter 2006 interim report, including financial statements and management’s discussion
    and analysis, is available on the Company’s website at http://www.petrobank.com, filed on SEDAR at
    http://www.sedar.com, and filed on the Oslo Børs website at http://www.oslobors.no.
    HIGHLIGHTS
    The third quarter results are highlighted as follows:
    • At our WHITESANDS project we began combustion operations and produced first
    oil from the world’s first THAI™ well pair, initiated the Pre-Ignition Heating
    Cycle (“PIHC”) on the second of three well pair and drilled five successful
    exploration wells on our oil sands leases.
    • The Company drilled 46 (40.5 net) conventional oil and gas wells in Canada.
    • Conventional production averaged 4,939 boepd in the third quarter of 2006, a 40
    percent increase over the comparative 2005 period.
    • Funds flow from operations increased 67 percent to $14.8 million.
    • Net income increased by 63 percent to $5.2 million.
    • In July 2006, the Company closed a new $120 million credit facility and used a portion of the
    proceeds to repay the remaining $50 million of 9% subordinated notes that were outstanding.


    THAI™ combustion operations at WHITESANDS during the third quarter of 2006 continued to confirm
    the effectiveness of the THAI™ technology in our first well pair. Two additional key operational
    milestones were achieved in the third quarter with the initiation of the Pre-Ignition Heating Cycle
    (“PIHC”) on the second well pair and the shipment of the first produced oil from the project.
    Air injection and combustion was initiated on the first of the three project wells on July 20, 2006, and we
    have been continually injecting air into the vertical well of this center well pair. During the first three
    weeks of air injection, in-situ combustion ignition was confirmed as we measured various indicators of
    the combustion reaction, including significantly rising temperatures in the reservoir zone, production of
    combustion gases and rising horizontal well bore temperatures. This trend continued through the third
    quarter with recorded reservoir temperatures reaching as high as 800 degrees Centigrade. Combustion gas
    analysis consistently demonstrated a high ratio of carbon dioxide to carbon monoxide, indicating a very
    high level of conversion of oxygen, hydrocarbon gases indicative of thermocracking of oil in-situ, and
    free hydrogen generated from high temperature reactions, all indicators of efficient high temperature
    combustion. These data also suggest that we are upgrading the oil in-situ. We are very early in the process
    of building out the combustion front in the first THAI™ well pair and estimate that only approximately
    7,000 m3 of the reservoir has been affected by combustion at the toe of the horizontal well, which is less
    than one percent to total reservoir volume expected to be affected by combustion over the life of each
    THAI™ well pair.
    Since initiating THAI™ production operations, the gross production capability from the first horizontal
    well has consistently exceeded 1,000 barrels of fluid per day with the potential production capability
    double our initial forecast rate. High productive capacity has meant that we have had to manage
    operations to match well flow with current plant capability. The composition of produced fluids
    continues to be variable, consisting of a combination of condensed steam from the Pre-Ignition Heating
    Cycle (“PIHC”), reservoir water, bitumen, and sand. Bitumen production rates, while variable, increased
    over the quarter. During October we saw a significant rise in bitumen production and we produced
    approximately 4,000 barrels of bitumen. This production was not rateable on a daily basis since the plant
    facilities were not on stream for the entire period. However, during this period, when producing at high
    gross fluid rates, we experienced an average 30 percent bitumen cut. While facility bottlenecks and well
    and plant maintenance operations during the quarter reduced the ability to produce continuously and at
    the higher rates, air injection operations were not curtailed and have increased over the quarter, indicating
    an expanding area of combustion.
    Surface facilities have been able to handle a wide range of fluid rates and temperatures, however we have
    experienced facilities downtime and reduced production due to equipment commissioning issues,
    adjustments to manage higher than design well production capability, and sand production. These
    facilities issues necessitate ongoing operational adjustments and sand clean-out procedures in the surface
    facilities and the horizontal well. As reported previously, the produced sand is very fine-grained,
    indicating that a sand-bridging structure within the reservoir has yet to be fully established. This is most
    likely a result of our transition from the earlier steam injection operations to combustion operations, and
    may have been impacted by earlier horizontal well procedures at the beginning of the THAI™ production
    phase. While we expect the produced sand to be minimized as the combustion front expands and a
    consistent rateable flow regime is established, we are also enhancing our sand handling capability to
    minimize plant down time. These facilities modifications are underway and are expected to be in place by
    the end of November.

    Sieht ja alles gut aus - soweit 8)


    PETROBANK ANNOUNCES THIRD QUARTER RESULTS AND
    CONTINUED SUCCESS AT WHITESANDS
    Calgary, Alberta – November 13, 2006 – (TSX: PBG, OSLO: PBG) Petrobank Energy and Resources Ltd.
    (“Petrobank” or the “Company”) is pleased to announce third quarter financial and operating results. The
    Company’s third quarter 2006 interim report, including financial statements and management’s discussion
    and analysis, is available on the Company’s website at http://www.petrobank.com, filed on SEDAR at
    http://www.sedar.com, and filed on the Oslo Børs website at http://www.oslobors.no.
    HIGHLIGHTS
    The third quarter results are highlighted as follows:
    • At our WHITESANDS project we began combustion operations and produced first
    oil from the world’s first THAI™ well pair, initiated the Pre-Ignition Heating
    Cycle (“PIHC”) on the second of three well pair and drilled five successful
    exploration wells on our oil sands leases.
    • The Company drilled 46 (40.5 net) conventional oil and gas wells in Canada.
    • Conventional production averaged 4,939 boepd in the third quarter of 2006, a 40
    percent increase over the comparative 2005 period.
    • Funds flow from operations increased 67 percent to $14.8 million.
    • Net income increased by 63 percent to $5.2 million.
    • In July 2006, the Company closed a new $120 million credit facility and used a portion of the
    proceeds to repay the remaining $50 million of 9% subordinated notes that were outstanding.


    THAI™ combustion operations at WHITESANDS during the third quarter of 2006 continued to confirm
    the effectiveness of the THAI™ technology in our first well pair. Two additional key operational
    milestones were achieved in the third quarter with the initiation of the Pre-Ignition Heating Cycle
    (“PIHC”) on the second well pair and the shipment of the first produced oil from the project.
    Air injection and combustion was initiated on the first of the three project wells on July 20, 2006, and we
    have been continually injecting air into the vertical well of this center well pair. During the first three
    weeks of air injection, in-situ combustion ignition was confirmed as we measured various indicators of
    the combustion reaction, including significantly rising temperatures in the reservoir zone, production of
    combustion gases and rising horizontal well bore temperatures. This trend continued through the third
    quarter with recorded reservoir temperatures reaching as high as 800 degrees Centigrade. Combustion gas
    analysis consistently demonstrated a high ratio of carbon dioxide to carbon monoxide, indicating a very
    high level of conversion of oxygen, hydrocarbon gases indicative of thermocracking of oil in-situ, and
    free hydrogen generated from high temperature reactions, all indicators of efficient high temperature
    combustion. These data also suggest that we are upgrading the oil in-situ. We are very early in the process
    of building out the combustion front in the first THAI™ well pair and estimate that only approximately
    7,000 m3 of the reservoir has been affected by combustion at the toe of the horizontal well, which is less
    than one percent to total reservoir volume expected to be affected by combustion over the life of each
    THAI™ well pair.
    Since initiating THAI™ production operations, the gross production capability from the first horizontal
    well has consistently exceeded 1,000 barrels of fluid per day with the potential production capability
    double our initial forecast rate. High productive capacity has meant that we have had to manage
    operations to match well flow with current plant capability. The composition of produced fluids
    continues to be variable, consisting of a combination of condensed steam from the Pre-Ignition Heating
    Cycle (“PIHC”), reservoir water, bitumen, and sand. Bitumen production rates, while variable, increased
    over the quarter. During October we saw a significant rise in bitumen production and we produced
    approximately 4,000 barrels of bitumen. This production was not rateable on a daily basis since the plant
    facilities were not on stream for the entire period. However, during this period, when producing at high
    gross fluid rates, we experienced an average 30 percent bitumen cut. While facility bottlenecks and well
    and plant maintenance operations during the quarter reduced the ability to produce continuously and at
    the higher rates, air injection operations were not curtailed and have increased over the quarter, indicating
    an expanding area of combustion.
    Surface facilities have been able to handle a wide range of fluid rates and temperatures, however we have
    experienced facilities downtime and reduced production due to equipment commissioning issues,
    adjustments to manage higher than design well production capability, and sand production. These
    facilities issues necessitate ongoing operational adjustments and sand clean-out procedures in the surface
    facilities and the horizontal well. As reported previously, the produced sand is very fine-grained,
    indicating that a sand-bridging structure within the reservoir has yet to be fully established. This is most
    likely a result of our transition from the earlier steam injection operations to combustion operations, and
    may have been impacted by earlier horizontal well procedures at the beginning of the THAI™ production
    phase. While we expect the produced sand to be minimized as the combustion front expands and a
    consistent rateable flow regime is established, we are also enhancing our sand handling capability to
    minimize plant down time. These facilities modifications are underway and are expected to be in place by
    the end of November.

    Zitat

    Original von Eldorado


    Sobald man sein Auto wo parkt kommt gleich ein Neger und will 5 Rand sonst verkratzt er das Auto, Intimidation ueberall.


    Das ist doch doch mal ein down-to-earth Beweis für die Inflation in SA! Als ich 1998 Kapstadt verlassen habe, war der "Standardtarif" für die "Parkwächter" ein Rand. Heute sinds R5.... :D :D :D


    Übrigens, wenn die Armed Response so gut ist wie manche Firmen in JNB, dann kannst Du dich erstmal ein wenig entspannen. Wir hatten einen Armed Response Firma in JNB. 2 mal sind die gekommen (beides Mal wegen Fehlalarm...) und zwar bis unter die Zähne bewaffnet (H&K MP5) innerhalb von 5 Minuten nach Auslösen des Alarms....über eine Mauer mit e-Zaun obendrauf standen die dann auf der Stoep und haben meine Eltern zu Tode erschrocken :D
    Super effizient - aber: "you get what you pay for" also lieber ein paar Rand mehr ausgeben...

    Nachdem ich Eldo's Bericht über den Anschlag auf ihn und seine Familie gelesen habe, habe ich mich seit ein paar Tagen nicht mehr auf dem Board aufgehalten. WOW - was hier in der Zwischenzeit alles passiert ist...
    Ich möchte die Vorfälle auch gar nicht kommentieren - jeder hat(te) seine Gründe für seine Aktionen...


    Aber, ich muss Eldo hier auch mal den Rücken stärken: Meine Familie lebt seit 1983 ab und an in Südafrika. Wir haben das Ende der Apartheit mitgemacht, die "Wende" in 1994 und leider auch den Zerfall in den letzten Jahren.
    Glaubt mir, ALLES was Eldo aus Kapstadt / SA berichtet kann ich direkt oder indirekt bestätigen. Kapstadt war lange Zeit wie eine kleine Oase - Crime gabe es eigentlich nur in Jo'Burg, mal von die Streetkids / Homeless und den Townships abgesehen. Hijacking usw. ist in Kapstadt eigentlich unbekannt gewesen. Jedoch hat sich das in den letzten Jahren dramatisch geändert. ICh habe Familie, die seit Jahren in Pretoria (bei Jo'burg) leben, die haben noch NIE einen Vorfall erlebt - auch nicht im Freundeskreis!!! In Kapstadt sind in den letzten Jahren ein guter Freund bei einem Hijacking vor seinem Haus erschossen worden und mein Vater wurde vor seinem Haus (in einer guten Wohngegend von Kapstadt) überfallen und fast Erwürgt - für seinen Ehering!!!


    Das Land befindet sich in einer unglaublich präkären Lage! Es gibt Probleme:


    - Arm vs. Reich (wobei Reich hier eher bedeutet: Du kannst dich un deine Familie am Ende des Tages mit Essen versorgen!)
    - HIV/AIDS: Meine Schwester ist Hebamme (seit Jahren aus Sicherheitsgründen und "reverse Apartheid" nur noch in Privatkliniken!!!) Sie hat ende der 90er in Zululand gearbeitet und schon damals waren 30% ihrer Patienten HIV/AIDS-Krank! Sie vermutet heute über 50% Ansteckungsrate in manchen Gegenden! Stellt euch mal die demographischen Folgen von solch einer Situation für das Land vor. Dagegen ist China mit seiner quasi 1 Kind Policy ein Witz....
    - Sicherheit: Ein Leben ist in SA oftmals nichts Wert! Die die nichts haben, kämpfen mit allen Mitteln täglich ums nackte Überleben. Und man kann es ihnen eigentlich nicht wirklich übel nehmen - denn die Versprechen der Regierung werden seit Jahren nicht eingehalten. Niemanden geht es wirklich besser!
    - Black Economic Empowerment BEE, Affirmative Action, Reverse Apartheid/Diskriminierung: Ein rassenbasiertes Quotensystem ist hier rechtlich verankert worden. Für eine Einstellung sind nicht mehr Leistung, Ausbildung und Erfolg entscheidend, sondern zu 80% die Hautfarbe. Firmen werden gezwungen (übrigens ab 5 Mitarbeitern!) BEE Partner (sprich eine Beteiligung von "früher benachteiligten") zu finden. Meisstens sind das die oberen 0.1% der schwarzen Bevölkerung: die super-reichen Schwarzen - alles "Brüder" des ANC und oft alte Freiheitskämpfer oder das was man heute Terroristen nennen würde. Die allgemeine Bevölkerung hat von den BEE Projekten nichts. Und von der Arbeitsmoral usw. braucht man garnicht zu berichten....
    - Education / Ausbildung: Es wird nich 20 Jahren dauern, bis das Problem gelöst wird. Der ANC kann es sich im MOment nicht leisten, dass die Bevölkerung so gebildet ist, dass sie die Nachrichten verstehen kann und die Machenschaften der Regierung für das was sie wirklich sind sehen kann.Denn das einzige, was der größte Teil der ANC (COSATU, SACP usw. auch) macht ist die eigene Macht zu sichern und den Wohlstand der oberen 0.1% zu vermehren!
    - "Brain-Drain": Ich habe in den 90ern ein paar Jahre in HongKong gelebt, vor '97 als es zu China ging. Damals war eines der größten Probleme das sog. "Brain-Drain" - also die Emigration von den hochqualifizierten, hoch ausgebildeten Menschen, die China und deren Versprechen in HK nichts zu ändern nicht trauten.
    Genau das passiert in SA im Moment. SA hat ein riesen Problem damit, dass die Menschen, die das Ruder da noch umlegen könnten, scharenweise das Land verlassen. Und die, die reinkommen möchten haben es auch nicht einfach - mein Schwager versucht seit 6 Jahren seine "Permanent Residency" (uneingeschränkte Aufenthaltsgenehmigung) zu bekommen. Er (über)erfüllt alle Anforderungen, aber die Akte liegt seit Jahren auf diversen Schreibtischen von Beamten, weil er nicht bereit ist die hohen Bestechungsgelder zu zahlen, die verlangt werden für eine "schnelle" Bearbeitung.


    ...und trotzdem: Südafrika ist ein unglaublich schönes, tolles Land. Landschaftlich ist es eines der schönsten Flecken der Erden. Die Menschen sind unglaublich freundlich. Das Essen / Trinken ist toll. Es gitb enorm viel zu unternehmen und zu sehen. Es gibt auch enorme Chancen, wenn man bereit ist den "African Way" zu gehen, mit allen Nach- und Vorteilen. Bei einem Rand/Euro Ratio von 10:1 ist SA auch noch preiswert für den Tourismus, auch wenn die meissten SA Touristiker nur darauf aus sind den angeblich "reichen" Ausländern jeden letzten Rand aus der Tasche zu ziehen. (Preise in Kapstadt habe sich in den letzten Jahren vervielfacht, und SA ist für Südafrikaner sehr teuer geworden)


    Enough said! Alles meine Meinung usw.

    Die Nutzung von Kernidee scheint keine neue Idee zu sein.


    Habe von einem befreundeten Petrogelogen mal von einer Idee gehört, die mit dem wesentlichen Teil ausrangierter Soviet Atom U-Boote Energie erzeugen wollten um schwer bewegbares Öl aus der Nordsee zu fördern.... 8) Angeblich haben die echt mehr als nur Phantasiert..... 8o


    Energie ist ja bei Ölsand der entscheidene Faktor - oftmals muss man fast so viel Energie rein tun, wie man raus kriegt. Und da kommt wieder die THAI Technologie von PBK ins Spiel, da die eigentlich "nur" die Energie brauchen, um Luft (sprich O²) in die Reservoirs zu pumpen. Die Finding Costs (was kostet es mich 1 Barrel Öl aus der Erde/Sand zu holen?) für Ölsand liegen aktuell bei ca. $35 / Barrel. Bei Öl $60+ lohnt es sich wohl immer noch :) aber die Energiekosten werden ja stetig steigen.

    Hi Edel,


    OK, meine Frage war wohl ein wenig "von Emotionen" beeinflusst :D


    Bodenbildung abwarten sehe ich auch so - wenn ich mir die Chart so ansehe, würde ich denken, dass eine Bodenbildung so um die C$8 - C$9 passieren könnte.


    Was denkste?



    p.s. wie kann ich hier so ein chart einstellen?

    Hi Edel,


    OK, meine Frage war wohl ein wenig "von Emotionen" beeinflusst :D


    Bodenbildung abwarten sehe ich auch so - wenn ich mir die Chart so ansehe, würde ich denken, dass eine Bodenbildung so um die C$8 - C$9 passieren könnte.


    Was denkste?



    p.s. wie kann ich hier so ein chart einstellen?

    Hi Edel,


    OK, meine Frage war wohl ein wenig "von Emotionen" beeinflusst :D


    Bodenbildung abwarten sehe ich auch so - wenn ich mir die Chart so ansehe, würde ich denken, dass eine Bodenbildung so um die C$8 - C$9 passieren könnte.


    Was denkste?



    p.s. wie kann ich hier so ein chart einstellen?

    Zitat

    Original von Silbertaler
    Keith Neumeyer gab heute bei robtv ein Interview:


    http://www.robtv.com heute 8:50 Uhr


    wesentliche Punkte:

    • Produktion in 2007: 5 Mio. Uz., davon La Parilla 2 Mio., San Martin 2 Mio., Rest 1 Mio. Uz.
    • mittlerweile 800 Mitarbeiter
    • San Martin soll modernisiert werden
    • Überreaktion der Märkte auf Dios Padre, Dios Padre wird evtl. aus Produktionsportfolio entnommen /abgeschrieben ?)
    • will nun wichtige Aktionäre treffen



    ...siehe 1 Posting weiter oben 8)

    Zitat

    Original von Eldorado
    Vlok: 'My role in dirty war'


    Hab mal die Biografie von Max du Preez (Pale Native) gelesen... dort findet man 'ne ganze Menge Geschichten wie die von Vlok.


    It ain't all Gold that glitters - especially not in eGoli ;)