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% 0.925p 0.90p 0.95p 0.925p 0.925p 0.925p 0 07:36:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.2 -0.4 - 4.72

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Date Time Title Posts
29/11/201715:24LOGP Lansdowne oil & gas3,183
20/3/201711:47Landsdowne with Charts & News24
30/12/201501:58Landowne Oil...the free speech thread2,724
03/6/201523:23The Lighten upu Wanker:) Lansdowne Manuscript16

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Lansdowne Oil (LOGP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2017-12-12 13:49:230.9110,98899.44O
2017-12-12 12:59:120.90250,0002,252.50O
2017-12-12 12:58:530.90250,0002,252.50O
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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 0.93p.
Lansdowne Oil has a 4 week average price of 0.88p and a 12 week average price of 0.47p.
The 1 year high share price is 1.73p while the 1 year low share price is currently 0.47p.
There are currently 510,164,394 shares in issue and the average daily traded volume is 184,470 shares. The market capitalisation of Lansdowne Oil is £4,719,020.64.
whites123: Jimmys Post From III Looks like just the 2 buys have created a no stock available situation for the MM's. Further buying likely to create a massive rise. Some investors may be aware that I have until recently been a long term critic of barryroe. The reason is that in the Celtic sea below the seabed is a thick layer of hard chalk rock which causes an echo in seismic known as a multiple and traditional seismic processing techniques to remove the multiple also reduce the signal strength of deeper layers of rock by circa 95% . For thin sand reservoirs such as barryroe it means the reservoir cannot be traced on seismic through out the field. Because the Celtic sea was inverted by a mantle plume circa 30 million years ago this caused shallow faults known as flower faults which compartmentalised the seven heads gas field which lies at a shallow depth above barryroe . Without seismic that can directly map the reservoir potential faults cannot be seen , with the result that project finance debt would not be available to develop the field and hence no farm outs for the last five years for a field with independent reported recoverable oil of 340 m bbls in which LOGP have a 20% interest. Readers should look at the website of seismic image processing who have a track record in solving this problem and they have done so for barryroe.The results are very impressive so read the last barryroe update from pvr. Now LOGP have 20% of barryroe and they have no money and they need $5m to pay for a well on barryroe that will lead to its development. Can they farm it out. Davy stockbrokers valued an undeveloped phase 1 development of barryroe at $5.81 per bbl earlier this year. Pvr recently advised that this next well will bring 168. Million bbls into the proved c90 category. Can LOGP farm out 50% for a carry of $5 million. The well is being drilled 200 feet up dip from the last well in a field with six wells drilled to date, the well locations are at the top of the structure so ideal as production wells. Assuming an investor got half of LOGP 20% the net reserves for the investment are worth $97 m for the phase 1 reserves at $5.81 per bbl per Davy and say $1 per bbl for the follow on reserves of 172 million bbls worth $17.2 million at total of $114m for an investment $5 million. Can they farm it out with this new seismic, very definitely . The value to LOGP for its remaining 10% after farm out is $114 million or £0.168 per share compared to a curent share price £0.009 an 18.6 x multiple. The chances of success for drilling 200 feet up dip in a field with six wells and new high resolution seismic are very very high. I would estimate an 80% chance of success leading to a phase 1 field development. I have purchased LOGP shares as they represent an extra ordinary low risk high reward opportunity. I have changed my view on barryroe because the new data requires it.
ianio5691: Hmmm... More negativity from Papillon. Our resident 72 year NON HOLDER - who out of the goodness of his heart, spends 24/7 monitoring the board to make sure no nasty Pump and dumpers suck in naïve investors. Or so he would have us believe...!!! Who do you work for Pap?..... and why is it of such importance to you that the share price remains low? The share price fell to an all time low due to an outstanding loan falling due. This has now been resolved by one of our supportive ii's. Also, the Barryroe licence was due to expire... This has now been extended. At the current price this is a no-brainer. No short term issues to be wary of - yet the potential if a farmout is announced will be momentous.
papillon: Evidently this is the 3rd RNS SLE have issued within the last 2 years, Ftj, saying they have received a provisional offer. The first 2 never came to anything. From the action of today's SLE share price I'd say the market isn't convinced the offer will ever come about! Evidently SLE will be suspended if they don't issue their accounts today! Just saw this posted on a SLE bb: "Is it not the case that the share price is at 32p because normal minded people have formed the opinion that issuing a takeover RNS on the same day that you tell shareholders the accounts may not be signed off in time to avoid suspension is somewhat a strange coincidence.Furthermore Yorkville have 6 million shares to unload that they got handed to them at 32p just days ago. Moreover the reason the price is 32p is down to the lack of belief that any offer for 66-67p will every material whilst suspensions probably will."
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.”
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
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P:43 V: D:20171213 09:19:32