Eland Oil & Gas Share Discussion Threads

[dice1950] 23/6/2016 14:08

Volume buying increasing each day

[dice1950] 23/6/2016 11:23

getting serious £20k buy

[dice1950] 23/6/2016 09:27

NAV way above current price
Eland Oil & Gas (ELA)
Correct as at June 2016




Eland Oil & Gas PLC financially sound and has great earnings growth forecasts ‘BUY’


Eland Oil & Gas (ELA) Nigeria’s $43.8m Gbetiokun Oil Field Starts Production,Cantor Fitgerald has a price target of 149p and says the oil group should hit its previously set targets.
June 2016



Two of our best performing holdings in April were UK-based exploration and production (E&P) companies Hurricane Energy and Eland Oil & Gas.


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

[dice1950] 23/6/2016 08:18

all buys mms games looks like they want stock as update is due

[dice1950] 22/6/2016 16:04

ABUJA, Nigeria, June 22 (UPI) -- Nigerian crude oil production may be on the verge of recovery.
Mohammed Barkindo, the incoming secretary-general for the Organization of Petroleum Exporting Countries and one-time managing director for the Nigerian National Petroleum Corp

"We are beginning to see positive results," he was quoted as saying. "I think things are beginning to come back to normalcy."

[dice1950] 22/6/2016 15:53

bid moved up again guys

[dice1950] 22/6/2016 12:04

7.6K BUY isdx 26.25p

[dice1950] 22/6/2016 11:56

Eland Oil & Gas (LON:ELA) Analyst Target Changes
June 22, 2016 5:10 am
4 analysts have a rating of “strong buy”

[dice1950] 22/6/2016 09:42

BIG 57k buy and up we go

[laptop15] 21/6/2016 22:08

SDX energy look pretty good and rockhopper and hurricane its difficult to chose , also some good companies on malcy's bucket list. I have Eland and want one more gas/oil in my portfolio. Any suggestions?

[laptop15] 21/6/2016 21:50

Can't wait to see that :)) do you fancy any other oil or gas companies that are good value a present with limited downside?

[laptop15] 21/6/2016 21:47

Do you fancy lekoil dice? Looks an interesting play?

[dice1950] 21/6/2016 21:08

Oil price: $80 a barrel is on its way, says analyst
21st June 2016

[jackthecat] 21/6/2016 20:42

I agree, always good when you can by under the placing price.

patience required but it will motor soon enough imo

[laptop15] 21/6/2016 20:34

Agreed jackthecat :) back to the 30's soon! Then pushing 40p imo...this is almost as low as when oil was under 30 dollars a barrell and since then good news and cash through the placing! Very undervalued currently!

[jackthecat] 21/6/2016 17:25

time for this to take off. 7p below the oversubscribed placing??!!.

plenty upside here

[dice1950] 21/6/2016 16:05

more good news

LekOil on track to be self-funding and is a ‘buy’, says Mirabaud

15:40 21 Jun 2016

LekOil is currently advancing the development of the Otakikpo field, in Nigeria, and on Monday it revealed details of refinancing.
Workers at the Otakikpo field in Nigeria
With a 57p price target it sees some 250% upside.
A new funding deal and better oil prices mean LekOil Plc (LON:LEK) has enough financial headroom to reach a ‘self-funding’ stage in its development, according to broker Mirabaud.

LekOil is currently advancing the development of the Otakikpo field, in Nigeria, and on Monday it revealed details of refinancing.

[dice1950] 21/6/2016 16:04

not affected but always helps us any way


Report: Truce brokered in Nigeria oil fields
ABUJA, Nigeria, June 21 (UPI) -- Nigerian media reported Tuesday the central government has brokered a 30-day truce with militants waging war on oil installations in the Niger Delta

[mr.oz] 21/6/2016 14:31

1 month cease fire with NDA agreed

[dice1950] 21/6/2016 07:40

ELAND OIL & GAS (ELA.L) 4 STAR BUY
6/20/2016 4:21pm

[dice1950] 20/6/2016 15:18

ELA buying continues

Eland Oil & Gas PLC financially sound and has great earnings growth forecasts ‘BUY’
17th June 2016

Cantor Fitzgerald have set a target price of 149p on its stock. This indicates the analyst now believes there is a potential upside of 578.64% from today’s opening price of 25.75p.

Peel Hunt analyst James Carmichael core net asset value equivalent to 80p per share.
19th June 2016

Eland Oil & Gas: NAV way above current price. Peel Hunt analyst James Carmichael reiterated his ‘buy’ recommendation and increased the target price from 76p to 80p.


Eland Oil & Gas (LSE: ELA) Forecasts suggest a massive escalation of earnings
18th June 2016

The Nigeria-focused oil group raised the money at a price of 34p per share. It’s not often that we see a small oil company that’s financially sound and has great ...

[dice1950] 20/6/2016 14:41

bid moved up again

[dice1950] 20/6/2016 13:42

Laptop15 yes should be getting a promised update buying continues m8