baraka petroleum posters, have posted this on the ctp thread regarding proceedings which will interest bkp faithful considering that many are expecting an exciting drilling program for ctp which could and should bolster baraka petroleum's volume and shareprice should a substantial find be discovered in ctp's EPA 132 next to baraka's EPA 128-
a quite lengthy read so apologies in advance, but well worth the read imho for the faithfully devoted BKP holders considering the concept of this thread= bkp nearolgy to ctp-
a wise man by the name of bondie once told me to follow the smart money- now amongst the excellent posting from unhedged yesterday on developments with impending news on rigs,jv negotiations and drilling schedules, many may have overlooked an amazing new listing that will be on the ASX next week- obviously the energy sector as we know it is read hot with SEH listing recently and now OCT listing next week
in hindsight,on the offchance that this post gets moderated for cross posting on a seperate stock, (OCT) Octanex has strong ties with Central Petroleum and should be kept on watchlists for its debut next week. There was a article in the Australian Financial Review yesterday where Central Petroleum was mentioned briefly but of significance. The person at the helm of this newly listed ASX organisation is headed by no other that a pure genius in the oil and gas sector, Geoffery Albers.
People who have invested time to research on the oil and gas sector would be aware of the wealth of experience that Mr Albers has within the oil and gas sector. Successfully worked with numerous oil and gas companies to establish them as ASX darlings of late- to name a few-
MEO- MEO RESOURCES CUE-CUE ENERGY RESOURCES BAS- BASS STRAIT OIL AND GAS MOG- MOBY OIL AND GAS OIP- ORION PETROLEUM LIMITED BBP- BABCOCK AND BROWN POWER GGX- GAS TO GRID ALSO HOLDS TENEMENTS WITH SHELL LIMITED ATM THROUGH A POSSIBLE PRODUCTION SHARING AGREEMENT
the experience and networks obtained through these deals would be immense and his phone book would be overflowing with oil and gas experts at his command. Now back to following the smart money, Mr Albers is definantly one to follow with the wealth of experience he has within the sector. If ever there was a person you would truly respect and follow regarding his investments in the oil and gas sector you would most probably follow the man who has established such organisations as the ones listed above.
Now back to Central Petroleum. Many would be aware that Mr Albers is heavily invested in Central Petroleum so if that was ever a time to follow the smart money people step back and take notice.I doubt Mr Albers would be taking a strategic stake in Central Petroleum had he not done his extensive research and rightly sees the potential that ctp are only steps away from achieving.
Back to (OCT) Octanex, an oil and gas heavyweight set to list on the ASX next week. A particular point of interest to keep an eye on is that listed in its prospectus and in an article in the financial review yesterday is that not only is the organisation sitting on potentially company making asset tenements in prime hydrocarbon regions and $30 million cash with only 177m shares on issue- they have a strong selling point to investors that there strategic shareholding in oil and gas companies allows investors,investing in Octanex,to also gain exposure to the companies they hold on the shareholding register- and as you guessed it people, central petroleum is one that is on the register of Octanex-
so definantly one to watch when it lists next week with Geoffery Albers and his close alliance with ctp a very interesting play on things to come- if ever there was a cahsed up o+g organisation ideal for a j/v with Central Petroleum, I would suggest the $30 million cash assets of Octanex would be an ideal partnership that Central Petroleum would find a ground breaking partnership moving forward- we already know that Geoffery Albers is a astute professional with belief and confidence on the CTP dream-
One for speculators only (The Australian Financial Review) 09/10/2009
October 9, 2009 Friday
Tony Featherstone
ABSTRACT
Octanex is set to debut on the Australian sharemarket via a compliance listing, following an initial public offering worth $A300,000. The group was previously listed on the National Stock Exchange, and boasts ex-lawyer Geoffrey Albers as its major shareholder. Octanex hold interests in a number of gas exploration permits, while it also has stakes in several listed energy groups. The following companies were referenced in the original article
OCTANEX NL - ASX OXX;ASX LIMITED - ASX ASX;NATIONAL STOCK EXCHANGE OF AUSTRALIA LIMITED;CUE ENERGY RESOURCES NL - ASX CUE;BASS STRAIT OIL COMPANY LIMITED - ASX BAS;MOBY OIL AND GAS LIMITED - ASX MOG;BABCOCK AND BROWN POWER - ASX BBP;GAS2GRID LIMITED - ASX GGX;ORION PETROLEUM LIMITED - ASX OIP;CENTRAL PETROLEUM LIMITED - ASX CTP;MEO AUSTRALIA LIMITED - ASX MEO;SHELL COMPANY OF AUSTRALIA LIMITED
for further information on octanex, wasnt able to get onto their website assuming that fine tuning their website before their debut on the ASX, but excellent information can be obtained including there prospectus at : http://www.nsxa.com.au/announcements_list.asp?nsxcode=oct,octoa,octob
btw, there Prospectus Offer was fully subscribed for there application for ASX Listing. ideally not a ramp on a new stock by no means but you cannot go past keeping a firm eye on this organisation with its close relationship with central petroleum not to mention Albers Connection-
three seperate companies in our top 20- making up for 30,000,000 shares and 5.19% - all registered at 500 Collins Street Melbourne Vic??? something peculiar?
tried to find info on ultragas to see who they are- found this info only- but interesting play
Shears has registered a private company called Ultragas Pty Ltd. Its purpose remains a mystery but its other director is one Geoff Albers.
A veteran explorer, Albers has been involved in all sorts of tiddlers, including Bass Strait Oil, Moby Oil & Gas, Cue Energy, Exoil and Octanex. He even had a go during the good ol' dot-bomb days, chairing a long-forgotten tech thingy called escape3d (formerly trading as Timor Sea Petroleum).
the plot thickens
strata resources is the link with Octanex- once again another company with Albers at the board of proceedings-
very very interesting times ahead imho-
BKP Price at posting:
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