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JKA, JACKA RESOURCES LIMITED
Carsha
post Posted: Mar 23 2013, 07:30 PM
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In Reply To: pheonix's post @ Mar 23 2013, 07:01 PM

Jacka received a lot of enthusiastic attention.
Punters want oil gushing results the day after they buy mostly.
So the sp has drifted down.
I have JKA on my watch list and will add a few when the time is right.

CS

 
pheonix
post Posted: Mar 23 2013, 07:01 PM
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In Reply To: apache123's post @ Feb 8 2013, 10:45 AM

JKA keeps delivering on its promises. Tanzanian onshore licence awarded this week. Expect a JV to be signed sometime after the workup of potential targets. But more immediately, GSP Jupiter should be dropping anchor this week off Tunisia and starting to drill. This is an appraisal well. The oil is there. Will it flow commercially? I think it has a great chance with Dragon Oil calling the shots for this horizontal well.
There has been no sp appreciation on some good announcements. Its been a bit disappointing. lets hope for a great result at Hammermet.
Good luck to all.

 
apache123
post Posted: Feb 8 2013, 10:45 AM
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Hee hee..... Seems to be flying under the radar of most traders. Hammamet West-3 to spud in a few weeks time.

QUOTE
The rig contracted by the Bargou Joint Venture for the Hammamet West-3 well, the ‘GSP Jupiter’, completed its extended work program in the Black Sea this week and has now commenced the move to Tunisia. The mobilisation program requires the partial removal and replacement of the jack-up legs so that it can pass through the Bosphorus and into the Mediterranean. The company will provide market updates on the rig’s progress and the anticipated spud date, which is now scheduled for March 2013.




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Buyer beware: Do your own research before investing....
 
pheonix
post Posted: Jan 14 2013, 10:47 PM
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In Reply To: jonnym's post @ Jan 14 2013, 07:06 PM


Hi jonnym
this is the Stella Securites broker report on JKA website from Nov last. I have extracted the relavant section that partly answers your question

http://www.jackaresources.com.au/documents...arget%20new.pdf

* Aje Field Nigeria - WATM (5%): WATM (5%): NSAI have assessed
the field to have 275 MMboe and the JV intend to exploit all resources
in a 3 phase development starting with an extended well test leading
into an oil development and into a gas development which would see
Jacka become a producer in 12-18 months. They see the potential for
a low cost development of approximately 35mmbbl of oil prior to the
development of some 500 BCF of gas with 80 mmbls of associated
condensate. If this goes ahead it will provide Jacka with strong first
year cashflows of some $15 - $20million.

pheonix


Said 'Thanks' for this post: jonnym  
 
jonnym
post Posted: Jan 14 2013, 07:06 PM
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In Reply To: pheonix's post @ Jan 14 2013, 01:23 PM

Hi Phoenix
Thanks, a good read.
OML113 is expected to plateau at 50,000 to 80,000 bopd. Do you know what the initial production rates are expected to be i.e. in the first year? And do you know what the net value is to Jacka per barrel and therefore first year income net net?
Thanks

 
pheonix
post Posted: Jan 14 2013, 01:23 PM
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In Reply To: wren's post @ Dec 20 2012, 07:40 AM

from a charting perspective there was a glaring gap at 18.5c. It was just filled on an announ that was not news to anyone who follows the stock carefully. But a few bored bunnies are obviously selling

here is an interesting link to commentary on Aje /nigeria where we have 5% interest. No news on the expected resource upgrade but worth a read.

http://www.punchng.com/news/lagos-oilfield...uction-in-2014/

 


wren
post Posted: Dec 20 2012, 07:40 AM
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In Reply To: anroo's post @ Dec 19 2012, 07:30 PM

Anroo,
As stated in my post,not a fan of 'news inspired' trading.Exited just after the post for the cost of the brokerage.Percentage of winners is not important:controlling losses is what survival is all about in this game. btw,think JKA still looks sort of ok on the chart:may re-enter in 2013 if it shows T.A. promise.

 
anroo
post Posted: Dec 19 2012, 07:30 PM
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In Reply To: wren's post @ Dec 13 2012, 05:47 PM

Not to worry wren not the first time a seasoned trader...has been caught up in a pump and dump.

 
anroo
post Posted: Dec 13 2012, 07:11 PM
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In Reply To: noosaman's post @ Dec 13 2012, 03:17 PM

Noose man 600% returns sprooked, seems to have pulled in a few punters.
Must look up OXX again been positioning themselves for a few years now.
The article on chat room forums was interesting think I've reconised a few characters around these parts.
Had JKA recommended when it was 14c.....Bugger





 
wren
post Posted: Dec 13 2012, 05:47 PM
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In Reply To: access's post @ Dec 13 2012, 05:36 PM

Hi access,
Purchased this a.m. on TA grounds. Was not aware of any very recent 'recommendation'.If I had been ,would not have bought today.Personally, I try to avoid buying on 'news' of any type,so got it wrong today.

 
 


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