Eland Oil & Gas Share Discussion Threads

[dice1950] 15/6/2016 08:54

ARTEMIS best Hurricane Energy and Eland Oil & Gas.

[dice1950] 15/6/2016 05:22

Eland Oil & Gas PLC (LON:ELA) share of 3.8m barrels after royalties, is worth around $44 million (£30m).
14th June 2016

[dice1950] 14/6/2016 17:05

!YOUTUBEVIDEO:ex5rMmYrjRU:
Eland Oil & Gas (LSE: ELA) could become a nice multi-bagger.
14th June 2016

A terrific oil play? It’s not often that we see a small oil company that’s financially sound and has great earnings growth forecasts, but has suffered a share price crash ...

SharesMagazine Eland Oil & Gas (ELA:AIM) in major output push
14th June 2016


A terrific oil play Eland Oil & Gas (LSE:ELA).

14th June 2016

Eland Oil & Gas targets attractive returns at lower oil prices in Nigeria

21st April 2016

Eland Oil & Gas PLC ‘BUY’ with a Potential Upside of over 300% Peel Hunt and a target price of 80p
14th June 2016



Eland Oil & Gas PLC
is an oil and gas exploration
and production company
Eland is an independent oil and gas company focused on identifying, acquiring and developing interests in oil and gas assets in West Africa.

OML 40
UBIMA

[dice1950] 14/6/2016 16:41

Eland Oil & Gas PLC ‘BUY’ with a Potential Upside of over 300% Peel Hunt and a target price of 80p
14th June 2016

[dice1950] 14/6/2016 16:16

Eland Oil & Gas targets attractive returns at lower oil prices in Nigeria

21st April 2016

[dice1950] 14/6/2016 16:15

A terrific oil play Eland Oil & Gas (LSE:ELA).

14th June 2016

[dice1950] 14/6/2016 08:45

SharesMagazine Eland Oil & Gas (ELA:AIM) in major output push
14th June 2016

[adg] 06/6/2016 16:07

worth a speculative punt at these levels - the Nigeria crisis will be righted, troops will be sent in soon. We have people working in Lagos, Harcourt and occasionally wharrie and the word is that things will settle. Villagers who normally get a kick back from the oilcos have had their share dwindle with the falling POO and it has bitten hard, and they are understandably bitter (but probably unaware of world metrics relating to POO) - Nigeria need the oil (they have sfa else really apart from circa 130,000,000 people to feed). Our guys returned to Nigeria after probably 2 1/2 years away and are quite shocked at the difference in those few years away wrt poverty, begging and general sentiment.... not a good situation but by biting off the hand that feeds them its not the brightest thing to do is it

[hiddendepths] 06/6/2016 09:04

Possibly a bit of short closing early on? Can't see why anyone else would buy now.

Friday's RNS was crass - it didn't come out until AFTER my 60 second trawl found out about the new Forcados pipeline sabotage. It was idiotic to put out the RNS without checking the facts first and they should have been ready to pull it at short notice if the stories were correct. The market is often well informed about breaking news.

So the company's official line is STILL that there's been no new damage. Maybe they should speak to Shell, who have been publicly talking about it......

I know, I'm not invested here so I should keep my opinions to myself. I'll exit stage left.

[iicb] 04/6/2016 15:52

Even at 30p the risk of constant problems and the pointlessness of holding oil stocks means there is no reason to invest here.

[dukedosh] 03/6/2016 12:34

RNS just now...."The company confirms that it is not aware of any incidents on its properties and confirms that the Company's continuing maintenance and operational activity remains unaffected."

In the meantime.....

BREAKING: Niger Delta Avengers, again, blow up Shell Forcados pipeline



About 24 hours after blowing up two pipelines in Bayelsa state, militant group, Niger Delta Avengers have again, blown up the Trans-Forcados Pipeline.

The Forcados 48″ export line, which is operated by SPDC, belongs to the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).

The Avengers initially attacked the Shell’s Forcados underwater flow line in February and the facility was undergoing repairs when it was again, blown up around 3:00am on Friday morning.

The group said it had warned against the repair of the pipeline but the SPDC refused to heed their warning.

[dukedosh] 03/6/2016 11:35

Might be worth a beer money gamble but only if you know ELA can actually generate revenue, which might be difficult if there are no working facilities.

[laptop15] 03/6/2016 11:30

Cheers guys, I'll steer clear at this price :)) maybe if it drops to 20p i would take a gamble!

[dukedosh] 03/6/2016 11:27

LT, I've been out for some time. Nigeria a no go area for me. Deteriorating torrid times ahead for the region.

[hiddendepths] 03/6/2016 11:27

Found it straight away.



Was thinking about buying in but I'm certainly not going to now!

[hiddendepths] 03/6/2016 11:23

I'm wondering if there's some news about a delay on the Forcados terminal reopening. No time to research it though!

[laptop15] 03/6/2016 11:07

Would you top up oz?? I'm tempted but how far will it fall??

[mr.oz] 03/6/2016 11:05

Company ought comment or director could say more by buying some in the market

[maccamcd] 02/6/2016 07:51

Peel Hunt buy note today. 80p target price! Crazy mofo's.