jorgecal71 escribió:buenas tardes muchachos ahora la consulta es si esto es bueno o malo, alguien con experiencia que de luz se agradece, un saludo desde el sur....
La gente que esta a cargo de esta nueva empresa es de primer nivel.
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jorgecal71 escribió:buenas tardes muchachos ahora la consulta es si esto es bueno o malo, alguien con experiencia que de luz se agradece, un saludo desde el sur....
quique43 escribió:Oil price, Andes Energia/Phoenix Global Resources, And finally…
25th July 2017 Industry News
Andes Energia- A Phoenix from the ashes?
I have watched AEN for many years and liked it a lot, partly as I think that its position in the Vaca Muerta is huge compared to its market cap and more recently as I feel that Argentina is proving a good place for energy companies. (Viz President, still grossly undervalued) Yesterday it was confirmed that the company would back into the Argentinian E&P business of the Mercuria Energy Group, the combined entity having a very strong position in conventional and unconventional assets in Argentina and be renamed Phoenix Global Resources. The new company will be headquartered in London where 6 of the 118 employees work but most importantly I imagine new Chairman Sir Michael Rake, best known recently for Chairing BT and Worldpay and with history at Barclays Bank, Easyjet and KPMG as well as being an advisor to Teneo alongside Brian O’Driscoll. Anuj Sharma will remain CEO and Philip Wolfe should be a strong pair of hands at CFO, so the new board is certainly powerful and seemingly independent and of course Mercuria is expected to be a ‘significant long term shareholder’ in the company. The statement says 25% AEN and 78% Mercuria so free flat will be somewhat of an issue.
With the company’s new scale and upside comprising a significant work programme in development, as well as exploration in both existing conventional reserves and unconventional prospects such as the Vaca Muerta there is no doubt that this is a fairly compelling merger. Phoenix will have its work programme for the next two years funded by assorted debt of around $160m provided by Mercuria, but with existing debt paid down and the decks cleared will leave it open to further corporate activity. South America is certainly hotting up right now with high quality investment opportunities in a number of areas such as Rockhopper, President, Amerisur and Echo on the mainland, not to mention the Trinidad players who are all raising their games on offer to investors
Fulca escribió:Tengo la pochoclera de PGR llena, la semana que viene salgo a repartir...
Fulca escribió:Tengo la pochoclera de PGR llena, la semana que viene salgo a repartir...
Tecnicalpro escribió:Olvídate ojalá nunca nos toque no queda nada de nuestras inversiones y tampoco de nuestras vidas.
Fulca escribió:Si esta sangría es por una consulta popular, PASO, qué nos queda si Trompeta le da al botón rojo...
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