Gold Oil Share Discussion Threads

[gattaca] 29/6/2013 17:04

Thanks Pem, full steam ahead then.
Maybe this is the new faster streaming of drilling permits.
A Karoon strike and we gain. Almost like a dry run for us.

[pembury] 29/6/2013 16:58

gatt, Karoon got the go-ahead to drill last week (i put a link on earlier).
Sourcing rig and will use their SA drill team.

[pembury] 29/6/2013 16:58

double post

[gattaca] 29/6/2013 16:40

Pem, a good name catches the eye. Gold Oil, the name promised riches. That's why we're here chasing our losses.
Licence extension talks have been going on for a long time. Berends must know the direction they're heading in. I really wish an extension could be announced asap. A refusal is unthinkable right now.
Amerisur is a great role model for Baron. Berends seems to have an excellent network of contacts in Colombia through his other company. An excellent hunting ground right now. Peru seems incredibly slow, expect Karoon to experience delays. We need projects up and running now.

[pembury] 29/6/2013 16:20

gatt, I don't care if they call it FFS Petroleum as long as it comes good!

I believe Ecopetrol were behind the company taking 100% in NBM so hopefully bodes well for an extension. Having Ecopetrol onside must be a huge plus if you want to expand in Colombia. I am sure they have an eye on what the company are now doing with this workover programme, they seem to like you a lot more if you deliver- Take a look at GTE, Amerisur for example and how they have gained momentum on the success of one field. They have been awarded some very decent new blocks since Costayaco and Platanillo successes especially GTE.

Long way to go as the share price suggests but hopefully the new bod are re-building a good foundation to progress in future.

Let's hope Baron Oil has more luck than Gold Oil!

[nlmbidc] 29/6/2013 14:53

Gattaca,

I would probably retain 30% of XX1 since you asked.

NBM has a lot to offer. The last board were responsible for putting B1 and B5 on long term test, but they didn't follow it up in the same way that the current board has.

Z34 could still be massive for GOO 20% of 2 billion barrels. This could become a lot more valuable if Karoon are successful drilling Z38 in 6-9 months.

However our current board are planning on acquiring new acreage and having a multi-pronged income stream, so it looks like we will grow in other directions.

I think Baron Oil is great name and the future for it is excellent.

nlmbidc

[cockney sparrow] 28/6/2013 18:38

flying bull, my vote is to place everything on goo.

[flyingbull] 28/6/2013 17:31

Deadline for the July Oil Stock Competition entries is midnight on Sunday 30 June. Good luck! fb

[chinadog3] 28/6/2013 17:28

Senor Berends How about granting me a few options at an exercisable price of 1.6pence?

[the guardian] 28/6/2013 16:40

nim, I think it's more important to have a large number of brokers / MMs rather than two trading platforms.

pem, that's misleading, you're 94 now!

[pembury] 28/6/2013 16:37

nlm. I think i will be about 95 by then the way it's going.

[nlmbidc] 28/6/2013 16:36

Wait til the share price is steaming upwards. You'll be glad there are two exchanges then.

[cockney sparrow] 28/6/2013 16:32

Ditch the plus listing, said it before and saying it again. It's pointless having a listing on plus.

[the guardian] 28/6/2013 16:30

Assuming the two 225k trades were sells and not a rollover (which they could have been)we have:

PLUS 903164 buys 106535 sells
LSE 168375 buys 755000 sells

Total 1.071.539 buys against 861.535 sells

Quite misleading if you only look at the LSE!

[pembury] 28/6/2013 16:29

Right on cue a 250K Buy on PLUS and of course the share remains stagnant.

[the guardian] 28/6/2013 16:19

I've pointed it out to RB because it affects how trading is perceived and could discourage anyone from buying.

[valentine] 28/6/2013 16:00

As of Monday that aspect may well be resolved when they re-launch as the dashing red Baron?

[the guardian] 28/6/2013 15:55

I don't like the company being traded on two different platforms. With the majority of sells on LSE and buys on PLUS, it discourages anyone who just looks at the LSE trades.

[valentine] 28/6/2013 15:44

Absolutely. They are paying themselves in shares effectively and not robbing the till as others may have. Get the price up and get due rewards..all right with me..as long as they left me know first before they do it!

[the guardian] 28/6/2013 15:39

Not exactly stretching but Rudolph can do what he wants as far as I am concerned, as long as he gets the price up. We were facing sweet fa before he came along.

[valentine] 28/6/2013 15:36

Good stuff. They raise the share price over a couple of years and then sell off own holding to re-purchase at lower option share price Good for them if they achieve the higher price. Shows confidence and they deserve it for what they have done. Especially so if Baron hits 4p + as RB expects!

[guppys] 28/6/2013 15:30

28 June 2013

GOLD OIL PLC

("Gold Oil" or "the Company")

Grant of Options

Gold Oil, the AIM-listed oil and gas exploration and production company, announces that on 27 June 2013, it granted options to the following Directors to subscribe for new ordinary shares of 0.025p ("Ordinary Shares") in the Company (the "Options"):


Name of Director Number of Exercise Total number
new Options Price of of Options
granted new Options held following
per share grant

Rudolph Berends 11,250,000 1.60 pence 33,250,000
William Colvin 2,990,431 1.672 pence 2,990,431

The Options vest immediately and are exercisable (in whole or in part) at any time up to the third anniversaryof the date of grant.

[an1mal] 28/6/2013 14:11

One line of code at a time......