Australian (ASX) Stock Market Forum

SGL - Sydney Gas

Have you thought about applying to SGL for an Investor & Media Relations position? :)

AJ
(holding)


Sounds like an interesting position...


Investor Relations
• Maximise the value of SGL stock by communicating effectively with institutional investors (security analysts, pension fund managers, money managers, mutual fund managers), large individual investors, and stockbrokers via investor conferences, teleconference calls, company-sponsored meetings, plant tours and one-on-one meetings, as appropriate.
• Communicate the company’s strategies in an accurate and balanced manner, ensuring management credibility is maintained and that all ASX /ASIC reporting requirements are met.
• Differentiate SGL stock versus alternative investment options by highlighting SGL’s competitive advantages, market position and corporate strategies.
• Develop and implement strategies to identify and attract new investors which fit an appropriate profile and retain existing investors.
• Advise and consult with executive management recommending IR strategies, key measures and courses of action to address shareholder issues, and communicate external perceptions of the Company to executive management.
• Maintain accurate lists of shareholders, monitoring changes in ownership of significant holders.
Media Relations
• Direct development, coordination and execution of short and long range public relations strategies, objectives, plans and programs.
• Develop publicity programs to place ‘positive news’ supporting key company initiatives, marketing efforts, new business ventures, philanthropic efforts, etc.
• Direct consideration, development and execution of local and national institutional advertising to promote SGL. Establish and maintain favourable relations with all media (local, national and international) including newspapers, news services, professional journalists, radio, TV and business magazines.
• Direct the development, production and distribution of the Annual Report and quarterly financial releases. Ensures all public releases meet disclosure requirements and conform to ASX/ASIC regulations.
• Develop the strategy and content of the IR section of the SGL web-site.
• Participate as appropriate in directing crisis communications / contingency plan, monitoring the issues that have the potential to develop into negative situations.

SKILLS REQUIRED:
• Five to ten years of related experience, working closely with the investment community and/or the media
• Exposure to the industrial sector
• Outstanding written and verbal presentation skills
• Impeccable level of integrity and credibility
• Capable of interacting with all levels of management
• Proven financial analytical skills
• Advanced Degree (MBA or Communications)



http://www.buysellsignals.com/BuySe...ckResearch.do?market=Australia&companyid=1957
PRICE VOLUME DYNAMICS
Volatility: The stock traded between a two-day low of 43.0c and two-day high of 46.0c.
Moving Average Price (MAP): The price to 200-day MAP ratio is 1.28, a bullish indicator. In the past 200 days this ratio has exceeded 1.28 ten times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of 36.53c is higher than the 200-day MAP of 34.79c, a bullish indicator. The 200-day MAP has increased to 34.79c. An increase is another bullish indicator.
Relativities: Since open its percentile rank in the Australian market was 38. In the Australian market of 2,103 stocks, the stock has a 6-month relative strength of 91 which means it is beating 91% of the market.
Volume and Turnover Period: There were 585,522 shares worth $262,297 traded. The turnover rate in the 12 months to date was 62.5% (or a turnover period of 1 year 7 months). This average length of ownership of the stock at 1.5 times the average holding period of 1 year 31 days for stocks in the S&P/ASX 200 Index suggests a larger number of core investors, making a long-term investment safer.
% Discount to High: The last price is at a discount of 19.1% to the 12-month high of 55.0c.
Volume Weighted Price (VWP): The price is at a discount of 3.0% to the 1-month volume weighted average price of 45.85c, which may appeal as a value proposition.
Beta is 0.7.
 
Re: Announcement back on April 30: Sydney Gas appoints landholder relations manager


Sydney Gas Company Ltd appointed Dana Hollis as manager landholder relations on April 30, 2008. Ms.Hollis has experience in oil and gas industry in North America and community relations in radio, ski-field management, and hotel industry in Australia.


Not a peep from that appointment..... been with the company for a month and a half now. Wonder what she is getting paid for.

And who knows when those "drilling and technical services" agreements (supposed to be signed back in March) will ACTUALLY be signed....


AJ
(holding)
 
Hi Aussiejeff, perhaps or hopefully perhaps her activity is directed at relevant landholders and other target groups rather than the investment community. On a PR note its a pity SGL included Sydney in its name, its work in the hunter and elsewhere may have been simplified without it, but it's no use changing it now:):2twocents
 
Bulga-Coal-gas-wells008.jpg


A picture of a Hunter coal gaswell
 
A picture of a Hunter coal gaswell

Hi Jonathan.

Unfortunately, with fanatical opposition by the like of the HGAG (Hunter Gas Action Group), it seems SGL might be "bogged down" in that region for an unknown timeframe. See this reply from SGL to solicitor Graeme Gibson (for the HGAG). From the responses in the letter, it appears some members of the HGAG (especially Mr Gibson) are on a "mission" to stop SGL drilling at all cost.

http://www.huntergasactiongroup.com.au/pdf/ltr-to-Graeme Gibson-16-June-2008.pdf

*sigh*

In fact, the HGAG website is worth a browse anyway, as they seem to have more info on SGL's operations (eg: the terms of access agreements) than SGL offers to it's own shareholders!!

AJ
(holding)
 
Hi AJ,

I read all that HBAG stuff. SGL have spent alot of time preparing these reports and informing these people, even though they have no legal obligation to.. Although i think SGL are trying to meet a moral obligation by doing so. The more they inform these people the more these people argue back :banghead:. I dont think all the other CSG companies communicate this much information... Do they?

They should offer employment to the local people and start up an Apprenticeship/Traineeship program.




I was suprised today to see an actual update!!! :eek:

HUNTER EXPLORATION UPDATE
"Sydney Gas Ltd (SGL) is pleased to advise that its Hunter exploration activities continued during the current financial quarter as planned."


J111,
(holding)

i sold at 50 and bought back in (cover losses from last tax yr).. but i wont try that again.. in case i miss the boat heading towards 60c and then $1..
 
Very interesting piece I just found on the Internet.........

http://www.platts.com/Coal/News/8838398.xml?src=Coalrssheadlines1

Assuming the content of the article is true, I wonder what financial committment SGL might have to make? Is there a risk that this will distract SGL from its activities in the Hunter? Like most prospects in Australia, the Hunter looks very promising, particularly now that there is going to be a second rig coming on board.

I would be guessing, but SGL will most likely have to issue a statement to the ASX this coming week.

Bill

I hold SGL.
 
Very interesting piece I just found on the Internet.........

http://www.platts.com/Coal/News/8838398.xml?src=Coalrssheadlines1

Assuming the content of the article is true, I wonder what financial committment SGL might have to make? Is there a risk that this will distract SGL from its activities in the Hunter? Like most prospects in Australia, the Hunter looks very promising, particularly now that there is going to be a second rig coming on board.

I would be guessing, but SGL will most likely have to issue a statement to the ASX this coming week.

Bill

I hold SGL.

Crikey! That news article is totally out of left field for SGL, Bill. I'm stunned.. :eek: Is that what Andy Lukas was up to when he was "out of the country" the last few weeks?

As you suggest, one would wonder where they are going to get the finance for this, when they are struggling to get to a profitable operating income in Australia! Perhaps I would have preferred you had dug up a surprise announcement that they had struck a huge oil deposit at Camden instead! LOL.

Oh well. Let's see what come of it....

BTW, I thought it was AJ Lucas who had the drilling knowhow - not SGL?

AJ
 
On the flip side, the Hunter Bulga Action Group (aka solicitor Graeme Gibson) has stepped up it's (his?) campaign against SGL's Hunter drilling program. See this recent Parliamentary Question he refers to ... http://wollombi.nsw.au/news/display/69

and a Cessnock Council question as well .....
http://wollombi.nsw.au/news/display/67

GG seems to have a lot of time on his hands to push his barrow. I don't know anything about his background. Anyone care to offer some? I'm presuming he wouldn't be such a thorn in the side in Indonesia :)



AJ
(holding)
 
Agree the HBAG are a concern.

From a distance it's just too hard to tell if HBAG are being unreasonable or if SGL are being dismissive of community concerns. SGL's reluctance to release information about their activities is probably based on a "softly, softly" approach. Hopefully, SGL and HBAG can reach agreement on land access protocol.

Fingers crossed for more news this week.

Bill
 
gday all. first post this thread.
i note the queries about the hbag. i have friends and relatives out that way, and i can say that they are extremely passionate about the issue.
they arent going away anytime soon, and based on the proposal and its effects on the area, nor should they.
 
gday all. first post this thread.
i note the queries about the hbag. i have friends and relatives out that way, and i can say that they are extremely passionate about the issue.
they arent going away anytime soon, and based on the proposal and its effects on the area, nor should they.

Hi arminius. As a shareholder of course I'm curious to know whether HBAG's passionate opposition would count against *all* gas explorer/producers within HBAG's area of interest and not just relate to Sydney Gas?

Or is the opposition purely centered on that company alone (I ask this because obviously some other players in CSG exploration/production will want to move in, if SGL fails to develop these fields in the short term?)


AJ
(hold)
 
Well( a good word to start a gas post), last time I drove through that area, past the yellow anti-CSG,SGL signs it struck me as somewhat ironic that people were agitated about a comparitively low impact energy development, when within maybe 150mtrs of a sign was a HUGE overburden heap from an open cut coal mine. So I hope locals keep it in perspective and also the big picture of gas turbine electricity's lower carbon footprint than that produced by coal fired steam turbines. We only hold a few SGL shares.:2twocents
 
Hi all,

As a shareholder, I'm curious to know what impacts SGL's operations are going to have on the environment. I support enironmentally friendly development.

When somebody like Graeme Gibson and the organisation he represents starts to make accusations about the behaviour of a company or an individual there really needs to be some supporting evidence. It is extremely misleading to compare the environmental record of CSG operations in Australia with what transpired in the US 20 years ago.

Just my opinion.

By the way, that article linking SGL to an operation in Indonsesia seems to be bogus.

Bill
 
Well( a good word to start a gas post), last time I drove through that area, past the yellow anti-CSG,SGL signs it struck me as somewhat ironic that people were agitated about a comparitively low impact energy development, when within maybe 150mtrs of a sign was a HUGE overburden heap from an open cut coal mine. So I hope locals keep it in perspective and also the big picture of gas turbine electricity's lower carbon footprint than that produced by coal fired steam turbines. We only hold a few SGL shares.:2twocents

The other irony is that without those big coal mines being developed there in the first place, there would in all likelihood only be virgin or government owned bush acreage today, with a few private farms dotted about.

There would definitely be NO modern infrastructure and NO big town facilities etc. for the "new locals" who have settled in the district over the last 50 years or so to enjoy. Maybe some don't share that sense of irony...


AJ
 
Why dont SGL target other areas where there is more gas?

QGC has increased its proven and probable (2P) reserves in the Surat Basin in Queensland to 2415 petajoules after final confirmation by independent certifiers Netherland, Sewell & Associates.

QGC also increased its proved (1P) reserves to 609 PJ and its proved, probable and possible (3P) reserves to 7163 PJ.

http://www.news.com.au/heraldsun/story/0,21985,23954204-664,00.html
 
Hi all,

As a shareholder, I'm curious to know what impacts SGL's operations are going to have on the environment. I support enironmentally friendly development.

When somebody like Graeme Gibson and the organisation he represents starts to make accusations about the behaviour of a company or an individual there really needs to be some supporting evidence. It is extremely misleading to compare the environmental record of CSG operations in Australia with what transpired in the US 20 years ago.

Just my opinion.

By the way, that article linking SGL to an operation in Indonsesia seems to be bogus.

Bill

Hmmm. One big question is - a Pertamina EP company "senior company official" announced the news. So, what possible point is there to making this totally off-the-wall news release if it is bogus? I take it Pertamina EP isn't a "bogus" company ?

V. Strange I must say.


AJ
 
Giday AJ,
For a "bogus" announcement it sure gained some exposure....global gathering from Google references.....but all have same original source, gathering from similar wording.
Has it leaked at the Indonesian end, or have SGL neglected to release an ann to the ASX? Maybe the changeover of Company Secretary June 23 played a part?? or it is considered to be premature to ann at present...ie, not significant until Indonesian Govt approval is gained....?

Thought this article interesting....looks like Indo govt very focussed on energy security...

06/21/08 03:25

Energy minister summons 25 oil contractors


Jakarta (ANTARA News) - Energy and Mineral Resources Minister Purnomo Yusgiantoro on Friday summoned 25 oil contractors who had yet to meet their oil production targets as set in the revised 2008 State Budget.

After meeting with the oil contractors, the minister said that most of them had not yet reached their production targets due to operational constraints.

"We will assist them so that they can meet their production targets," the minister said.

Among the oil contractors were PT Pertamina EP, BOB Pertamina-BSP, Kondur Petroleum, JOB PN-Golden Spike, Hess-Indonesia Pangkah, Klrez Energy, Kangean Energy Indonesia, Petroselat, Petrochina Bangko, Camar Resources Canada, JOB PN-Costa International Group, Medco EP Nus Lematang, Lapindo Brantas and Mobil Cepu Ltd.

The minister said that of the 25 contractors, nine had achieved 95 percent of their production targets, 14 were still under 95 percent and two were still not in production.

Yusgiantoro said the 25 oil contractors were part of the 37 oil contractor companies which had been in production.

He said 12 other oil contractors had met their targets set at the revised 2008 state budget.

"Although there are oil contractors which have not yet achieved their targets, we are optimistic that the overall production target set in the revised state budget at 977,000 barrels per day would be achieved," the minister said.

Up to June 15, 2008, Indonesia`s oil and condensate production had reached 978,000 barrels per day.

Yusbiantoro said that constraints being faced by the oil contractors included limited rigs, land overlapping and clearance, lack of production facilities, operational disturbance such as damage to compressors, power cuts and infrastructure facilities.

Last week, President Susilo Bambang Yudhoyono and Vice President Jusuf Kalla held a closed-door meeting with top executives of gas and oil companies.

"Issues related with oil and gas were discussed in the meeting. President Yudhoyono explained that the Indonesian government has made a series of efforts at international level to respond to current developments in the energy situation," Yusgiantoro said. (*)

COPYRIGHT © 2008
 
Giday AJ,
For a "bogus" announcement it sure gained some exposure....global gathering from Google references.....but all have same original source, gathering from similar wording.
Has it leaked at the Indonesian end, or have SGL neglected to release an ann to the ASX? Maybe the changeover of Company Secretary June 23 played a part?? or it is considered to be premature to ann at present...ie, not significant until Indonesian Govt approval is gained....?

Thought this article interesting....looks like Indo govt very focussed on energy security...

Hi Col.

From your post this bit .....

Last week, President Susilo Bambang Yudhoyono and Vice President Jusuf Kalla held a closed-door meeting with top executives of gas and oil companies.

Maybe someone had a foot in the door...? Anyway, it's pure speculation until or unless SGL make an *official* announcement.

AJ
 
http://www.sydneygas.com/content.php/66.html
Positions Available:
Programme and Cost Controller for our Hunter Coal Bed Methane Development project.

The candidate would be based in our Sydney office currently at 1 O'Connell Street.

The skills needed include:

• Good familiarity with Microsoft Project or other scheduling
software
• Excel, Word, and other Office products.
• Experience in developing budgets, estimates.
• Experience with cost management system such a Workbench or similar

Qualifications: Tertiary qualifications preferred in quantity surveying or engineering.
 
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