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The UK's longest established regulated provider of sponsored equity research.

We launched EQUITY DEVELOPMENT in 1997 becoming the first ever  regulated provider of Sponsored Equity Research in the UK.

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Global Energy Development

Global Energy Development (GED) is an independent upstream oil & gas company listed on the AIM. GED’s operations are tightly focussed on Northern Latin America. GED is achieving rapid production growth in Colombia with exposure to significant exploration and appraisal upside across the region and expected steady stream of newsflow.

Global Energy Development; Here comes the growth; production and cash flow to rise.

  • No surprises in results
  • Further positive newsflow expected
  • Core NAV (proven and probable) now 376p/share
  • Further risked upsides of 353p / share means ‘full’ valuation of 729p / share
  • Increase due to oil price forecast, royalty changes and further data on the first well in Block 95, Peru

Publication Date:
April 22 2005

GED follows the Inca Trail to Peru; substantial valuation upgrade

  • Positive recent newsflow
  • Revised core NAV (proven and probable) now £3.23 which is 117% above current price
  • Risked NAV now £6.15 which is 413% above current share price

Publication Date:
January 6 2005

Global Energy Development poised for rapid production growth

  • Poised for rapid production growth in Colombia and Peru over the next 2-3 years.
  • Rapidly rising production and cash generation.
  • Narrow geographic focus.
  • Share price trading at a small discount to our core NAV of 193p(fully diluted).

Publication Date:
October 7 2004