Share Name Share Symbol Market Type Share ISIN Share Description
Lansdowne Oil LSE:LOGP London Ordinary Share GB00B1250X28 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.20p 1.15p 1.25p 1.20p 1.20p 1.20p 625,099 07:30:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -16.1 -10.2 - 6.12

Lansdowne Oil (LOGP) Latest News

More Lansdowne Oil News
Lansdowne Oil Takeover Rumours

Lansdowne Oil (LOGP) Share Charts

1 Year Lansdowne Oil Chart

1 Year Lansdowne Oil Chart

1 Month Lansdowne Oil Chart

1 Month Lansdowne Oil Chart

Intraday Lansdowne Oil Chart

Intraday Lansdowne Oil Chart

Lansdowne Oil (LOGP) Discussions and Chat

Lansdowne Oil Forums and Chat

Date Time Title Posts
24/4/201709:41LOGP Lansdowne oil & gas2,450.00
20/3/201711:47Landsdowne with Charts & News24.00
30/12/201501:58Landowne Oil...the free speech thread2,724.00
04/6/201500:23The Lighten upu Wanker:) Lansdowne Manuscript16.00

Add a New Thread

Lansdowne Oil (LOGP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2017-04-25 15:18:161.2323,877292.49O
2017-04-25 13:50:471.171,26414.79O
2017-04-25 13:25:021.17200,0002,340.00O
2017-04-25 10:54:451.18130,9281,544.95O
2017-04-25 10:38:121.1965,000770.25O
View all Lansdowne Oil trades in real-time

Lansdowne Oil (LOGP) Top Chat Posts

Lansdowne Oil Daily Update: Lansdowne Oil is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker LOGP. The last closing price for Lansdowne Oil was 1.20p.
Lansdowne Oil has a 4 week average price of 1.18p and a 12 week average price of 1.05p.
The 1 year high share price is 1.73p while the 1 year low share price is currently 1.03p.
There are currently 510,164,394 shares in issue and the average daily traded volume is 1,172,116 shares. The market capitalisation of Lansdowne Oil is £6,121,972.73.
richyggg: When/if a Barryroe announcement if made, the share price should race to 1.8p.
cephalosaurus: I just posted this on iii (as wktfuture) At 1.25p the market cap is £5.5m, and according to the Brandon Hill report: "Valuation undemanding, but risks remain We calculate a total net asset value for Lansdowne of 10.3p/sh. Our valuation is comprised of 11.0p for the Barryroe field (risked at 17%), offset by financial adjustments of -0.7p. For Barryroe, we include an initial development phase targeting 70mmbbl, valued at 6.0p/sh (risked at 40%), and a second development phase targeting the balance of the resource, valued at 5.0p/sh (risked at 10%). Exploration and appraisal upside is excluded from our valuation model". What would a buyer pay now then? .................. Also from the same report in July: When and on what terms a farm-out might be agreed remains the big unknown and the key value driver for the Company. The recent US$68m capital raise by the operator, Providence Resources (“Providence”), did not include funding for an appraisal well at Barryroe and may indicate confidence that ongoing discussions with counterparties will result in a satisfactory outcome. With Lansdowne trading at just 0.12x total NAV, it is clear that the market is taking a far more pessimistic view, providing a very significant upside potential if an agreement is reached. Failure to secure a suitable partner would most likely see the JV funding an appraisal well, which, while dilutive, would at least progress the project to the development phase and address any technical concerns that have prevented a deal to date. In either scenario, we believe, Lansdowne would be well placed to add shareholder value and offers an attractive investment proposition at the current share price.
cephalosaurus: Richie666, although I agree with you, I question the merits of the publicity you are trying to create, as it does have a detrimental effect on PI sentiment and therefore it will affect the share price in a negative way. You are posting anti-PVR articles at every opportunity and I think you are doing us all a disservice on balance. Where a demand is created for shares on the open market, the value of the company with sentiment, rises. That in turn benefits the perception of value to institutions, oil companies and so on, and prevents us from being undervalued. I think that you are making a mistake by publicising your actions on a continual basis.
cgod: Providence Resources investors look forward to exploration catalysts 23 Jan 2017 Investors have got about six months to look forward to a major potential value catalyst for Providence Resources PLC (LON:PVR). The Irish oil company has told investors that it is on track to kick off the Druid exploration well in June. Druid prospect is one of two big exploration targets located within Frontier Exploration Licence (FEL) 2/14, in the Atlantic Margin off Ireland’s west coast. FEL 2/14 lies in 2,250 metres of water in the southern Porcupine Basin some 220 kilometres off the coast. Providence has contracted Stena International’s IceMAX drill-ship for the programme, with one firm well and an option to add a second well. While they’re so far untested both Druid and Drombeg are, on paper, estimated to be very large with the former modelled at 3.1bn barrels of mean oil resources and the latter estimated to have 1.9bn barrels. The drilling programme is supported by a US$70mln capital raise last year. Given Providence has an 80% stake in FEL 2/14 and there’s been a great deal of industry interest in Ireland’s Atlantic margin, there may be scope for the company to share exploration costs through a farm-out. Barryroe: Deal or no deal? Exploration catalysts off the west coast maybe the focal point through 2016, but, for many investors the on hold Barryroe oil project in Ireland’s Celtic Sea is still what matters. For the uninitiated, Barryroe is a potentially large offshore oil field that is proven but requires substantial capital investment to take forward through the development phase and into production. The funding requirement is too much for Providence, and partner Lansdowne Oil & Gas (LON:LOGP), to carry by themselves. Consequently, the pair have sought partnerships with larger oil firms over recent years and whilst they have seemingly come close no deal has yet to cross the finish line. For three frustrating years the narrative from Providence Resource and O’Reilly has been consistent and a bit repetitive: the Irish company is encouraged by its ongoing farm-out process for the Barryroe oil field, and a deal is coming. The ‘encouraging’ story has been told before. And at 16.44p today, versus nearly 700p back in 2012, the Providence Resources share price tells its own tale. But at a City event in a few months back, chief executive Tony O’Reilly provided a rare insight into what’s been happening. He explained why he has been genuinely encouraged by negotiations, and gave the reasons he believes a deal is taking so long to get done. Significantly, he believes the summer’s funding deal has brought potential partners back to back to the negotiating table. “Essentially counterparties were waiting for us to go bust so they could deal with the administrator but thanks to our shareholders that obviously didn’t happen,” O’Reilly said. “Barryroe is our main asset and I’m happy to say we have a number of companies in our farm-out process – some who have re-engaged with us since we completed our recent restructuring this summer.” A deal that breaks the funding impasse, or even green lights, Barryroe would be a major breakthrough for Providence Resources and its share price. Providence Resources is ‘sensibly̵7; worth 170% more The shares should be worth around 35p each according to broker Davy Securities. Analyst Job Langbroek says this valuation – some 170% above the current share price – is a sensible level after what he described as an eventful year for the company. Langbroek added that Providence’s upside potential is substantial (on an un-risked basis the analyst’s assessment of the entire exploration portfolio amounts to 166p per share) albeit he believes that new partnerships will bring dilution. “It may help to think of the Providence share price as a compilation of call options on its inventory of prospects in the Irish offshore,” Langbroek said in a note. “Given the upside potential if successful, especially the higher risk large volume plays along the Western Atlantic margin, the option premium looks cheap.” Langbroek says the company’s upcoming drilling programme, in 2017, can be the mechanism for Providence’s valuation to be verified. Importantly the analyst notes that a recent funding and reduced costs adds to the opportunity. “The very large reduction in oil industry service costs over the past two years creates a high value window of opportunity for those oil and gas companies that have capital available and are willing to spend. “This observation very much applies to Providence because, following its equity funding earlier this year, it has circa $35m available to allocate to exploration expenditure offshore Ireland. “In fact, the funds in place at present – in tandem with the very low drilling costs – mean that it can now undertake exploration activity along the Irish Western margin. “Such activity would have been impossible, if not unthinkable, up to relatively recently.”
thevoid: Clearly be in Brandon's favour for the share price to drop even more before the judgment if it goes against PVR and LOGP require more funds. Or am I just a cynic. Lansdowne has also secured an option which can be exercised on one or more occasions over the next 12 months for Brandon Hill Capital, the placing agent, to find subscribers for new shares in the company to raise a further GBP500,000 - stating those shares would be issued at either 1.0 pence each or at a 10% discount to the company's closing mid-market share price, whichever is lower.
jam2day: (Close): Shares in London and other key European markets have risen on news that eurozone leaders have reached a deal on a third bailout for Greece. By the close, the FTSE 100 had gained 0.97%, or 64.57 points, to end at 6,737.95. France's CAC-40 closed up 1.94% at 4,998.10 while Germany's Dax ended up 1.49% at 11,484.38. The rises came after European Council President Donald Tusk said a bailout for Greece was "all ready to go". US stock markets also traded higher early in the session. Bank and financial shares surged, with Germany's Deutsche Bank shares closing up 3.3%, while the biggest winner on Frankfurt's main index was the stock exchange Deutsche Boerse up 4.38%. FTSE up 0.97% Banks and Financials shares surge They forgot to mention the massive effect it had on LOGP Share price - Day job what is one of those ?
papillon: Couple of crude and rushed LOGP log charts for you SR. Lol. I'm posting 2 charts because there is more than one set of parallel trend lines that satisfy the historical share price data. Whatever trend is more accurate the fact is that over the last 2 years the LOGP share price has only been going in one direction; namely downwards. Of course good news and the share price direction could reverse and start to trend upwards. Will we get good news any time soon? I have no idea; unlike some on this bb I can't predict the future. I have no crystal ball! free stock charts from free stock charts from
papillon: The share price doesn't lie. Look at the chart in the header. In January 2013 the LOGP share price was over 50p. Now it's under 7p. Only good news will push the LOGP share price into double figures again. Is that likely to happen anytime soon? I've no idea and neither does anyone else who posts on this bb, however the LOGP share price doesn't fill me with confidence we will hear good news anytime soon! I may know nothing, like the rest of the posters on this bb, but you can be certain that some know what is happening behind the scenes and that is being reflected in the current LOGP sp!
robbo24: Guys and gals; I ain,t no expert..... but, WHY, WHY, would anyone (cash) invest so much time and effort to de-ramp a tiny company like Landsdowne Oil and Gas, unless there was an ulterior motive !. He/She would appear to have a good knowledge of this industry, has already suggested zero financial interest in the prospects and yet continues to incessantly talk down the prospects off Ireland. This man/woman surely must be getting paid for his/her "work" to constantly deflate the many pi s here and dissuade any further investment which might lead to an slightly increased share price I,m sorry..ish, but I suspect this person DOES have an interest in a low LOGP share price! Robbo
pharmabrown: Furthermore: 'If we assume that the [PVR] current share price reflects only Barryroe, the market is paying a value under $7 per barrel.' Some simple calculations:- PVR (64.478m shares in issue, closing share price 510p) market cap currently £328.8m. So if based only on Barryroe, LOGP with one quarter as much of Barryroe as PVR (20%/80%) should have a market cap of £328.8m/4 = £82.2m. However, LOGP (140.54m shares in issue, closing share price 37.75p) market cap is only £53m (at a discount of 35.5% to PVR wrt Barryroe valuation), valuing Barryroe oil at less than $4.5/barrel. For that figure to be $13/barrel the LOGP share price should be 109p. An LOGP share price of (37.75p x 82.2/53) 58.55p would put LOGP and PVR on the same discount.
Lansdowne Oil share price data is direct from the London Stock Exchange
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20170426 04:18:55