Cove Energy Share Discussion Threads

[thecynical1] 03/4/2012 16:31

quiet on here......everybody sold up and moved on?

[flyingbull] 31/3/2012 17:23

Fancy a challenge? Here is the April monthly oil stock competition


Regards,
fb

[fraserdean] 30/3/2012 08:44

None of the suitors have gone away and last week's Eni find they reckon around 2 Tcf of it is in Block 1, more gas all the time. I sold mine but am oddly tempted to buy at this price, the pr for east africa is getting madder all the time, first ever oil discovery in kenya last week, at least another five kenya wells this year, more finds in tanzania too although obviously cove doesn't have anything there but it just adds to the gloss of east africa for companies with money. Intersting times.

[rus4] 29/3/2012 20:25

ts-to-triple-output-chief-anon-says

This board has gone very quiet,however none of the suitors have gone away.

The above link shows that PTTEP are still in the ball game

Are the Indians there with Videocon ??

There has been nothing but good news on the exploration front since bidding began

We must be coming around the last bend

[strollingmolby] 24/3/2012 11:24

Seems very quiet here following the after-hours announcement from ONGC/GAIL:

During the course of 22 March and 23 March certain media outlets published comments surrounding GAIL (India) Limited ("GAIL") and ONGC Videsh Limited ("OVL") and the possible offer for Cove. Those comments were incorrectly attributed to people working at or with GAIL and/or OVL and suggested that OVL and GAIL did not intend to make an offer for Cove.

At the request of the Panel on Takeovers and Mergers, GAIL and OVL are today confirming that they are still evaluating a possible offer for Cove.

[benny62] 23/3/2012 08:05

This seems to be slotting into place as I have previously posted.
What is to say that Videocon is not already negotiating with ONGC etc
and as and when Cove reach a settled point in the sale an approach is made for the Indians to offer to take out both parties at a price established by Videocon.
The proportion that the combined assets of Cove and Videocon bring to the table is a very interesting and more attractive play combined with the pre emption rights and the thought that Anadarko were prepared to scale down their holding.

Seems to be some logic there, but would Shell and others stand back and not try and put up a fight......Much more to potentially come here.
Meantime drilling goes on proving up the VAST reserves that are there AND the OIL potential at the south end of the Block

[wexboy] 23/3/2012 00:57

Hi folks,

Just posted Part IX of The Great Irish Share Valuation Project, including my fair valuation and commentary about Cove Energy:



Cheers,

Wexboy

[rus4] 22/3/2012 09:55

Barqentine 4 Appraisal Well results must be due?

[sueyou] 20/3/2012 10:53

Your the self important clown here, I am the one that simply shares good information.

thecynical1 - 16 Mar'12 - 08:13 - 7695 of 7698 (Filtered)

[85gary] 18/3/2012 11:58

Background info on area....

[rus4] 16/3/2012 12:55

Hi Benny -- Thank you for a great post
Between Anadarko/Cove, ENI and Aminex, there should be information flowing(and maybe oil) every few weeks.

[thecynical1] 16/3/2012 08:13

SueYou....you, my friend, are filtered - everyone on here knows AEX - there is no need for a self-important clown like you to tell us about AEX.

[benny62] 16/3/2012 07:01

Thanks for comment RUS..I cannot believe that Shell or another major are going to let this out of their grasp...Who is talking to Videocon ????
There must be a bigger play going on here !!!If you look at Videocon offer supposedly rejected !!!Cove would be £3.20 plus !!!
The tax issue will get sorted I am sure if a major player commits to the Government.. This will move up dramatically if Aminex do find something !!!!
Aminex well is very relevant in the overall situation.
There are definite signs of a much bigger transaction going on behind the scenes.
So RUS I believe £3 is achieveable and more.

[rus4] 16/3/2012 01:13

Hi Folks I started in Cove at 20p and I have bought up to 2.10(unfortunately I bought small at 20p)
The quality of the postings has deteriorated
We need people of the quality of UTRECT , Peter ANTHONY and BENNY 62 to assist us in making future decisions
I think that the share price should be at least £3 and that the sale should be deferred until the autumn
I took a big risk investing in Cove and there is no reason that I should not get a good return ( I have had a lot of bad ones)

[sueyou] 15/3/2012 20:30

thecynical1, it's NOT spam, it is related DOH!! Tanzania, oil, gas, big players bidding for tiddlers, etc. Wake up!

[thecynical1] 15/3/2012 16:29

I reckon that all of us on here know about AEX.....no real necessity to spam this board about another company. And em.....maybe you´re the big mouth!!! note the spelling.... ; )