||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Roxi Petroleum Share Discussion Threads
Showing 39401 to 39424 of 39425 messages
|A lot of unhappy punters who sold and who can blame them. The shares are held tightly and we all know that the key stakeholders aren't selling so share price unlikely to tank.Well done Toon Army. I like to bottom fish but the last RNS was not one to add on in my view but obviously was !Smarty|
|new TP, have a read if you can!|
|Ole Limerick timed his buying well !!!! Funny that eh !!!|
|Games being played. Roxi have already made the statement that they believe the fundamentals underpin the current m/cap and any deep success will deliver a re-rating. I believe the merger is the trigger point and we'll soon see if we get the miraculous change of fortune !Good to see more success on shallows and oil price revenue increasing but I did not invest for shallows. This could become a safe investment as revenues increase but the rewards come from the associated risk taken on living with this for years, I won't get it from the shallows !They clearly have cash as they can continue shallow ops but they need funding to target the elephants. Next few months will be interesting and I'm hoping I'm right re the sudden miraculous re-rating (-:S|
|not to be sniffed at, yes, very confident rns imo, should be a very interesting spring.|
|BNG, now up to approximately 1,567 bopd at $16 per barrel, is over US$9 million per year cash flow|
|Let the good times roll|
|New spud costs $2.5m so, clearly not out of money...|
|Most interesting was the mergers getting closer imo. Doesn't that mean real news on the deeps to follow?|
|RNS with some interesting points for a change!
Can now sell oil under the licence approximately $16 per barrel. (increased by some 60%)
Circular of proposed merger with Baverstock in the coming weeks.
Spudding of well 808, a shallow well
Well 142 and a significantly larger scale for the MJF structure.
MJF structure, Wells 143 and 141, are respectively producing at the rates of 479 bopd and 631 bopd. Total production from BNG, is now up to approximately 1,567 bopd.|
|Chart still in tact and hopefully we will trade above the 50/200 DMA and climb northwards on the right news. Limerick's purchases are interesting and i'm sure he has better places to invest his recent £200k of personal investment or has he ? Going to go north at some juncture, hopefully 2017 !|
matchbox or dinky?|
|I'll order the Ferrari this weekend|
|Pretty well sums it up Smarty.|
|Why would Mrs Limerick buy at this juncture ? If there was a risk of dilution then they wouldn't be buying now. It all smacks of delaying tactics until merger completed. It wouldn't surprise me to see that all of a sudden that all the deeps are commercial, funny that !If you really think about the A6 situation. Perforation failed so they have to re-perforate but they can't as rig and drilling fluid to A5, a mile down the road. Surely you'd move the rig and fluid back pronto as re-perforation an easier task ? To have problems on 3 consecutive wells ? Not to hear any news on 801 re clean up ? It just stinks !! Why would you but if they were all dud ! Something not quite right here and they've been deliberately dragging this out. I sense, amazingly we get positive news post merger and things accelerate, especially if funding solution part of merger. A re-rating is coming here.Smarty|
|It stinks and always has !! Hope you boys get something out of this talk about being patient !!!!!!!!!|
|Buy out at 20 pence prior to announcement of Beverley Hillbillies find where Clive Carver(Jed Clampett] wonders what all that black stuff is coming out of the ground|
|Something's rotten in the state of Denmark...|
|Toggle,A good and accurate summary.Financial knowledge and access to the least dilutive funding options are essential. Many AIM directors are very good at draining companies dry, earning their salaries whilst taking zero accountability for their actions. I'm sure all of us can list the disasters and see where institutions and PI's get diluted to death.Roxi haven't done this and I sense are not fighting for their lives. As you highlighted yesterday, they can limp along to 2018 to satisfy the licence requirements and greatly increase oil revenues at that juncture. Doesn't solve the funding question for deep exploration but there will be options, acquisition being one of them.I'm being advised that all deeps are in play and the re-rating will apply if and when they are proved commercial. I sense that Roxi will survive and they are prudently managing the finances. They will do another A5 sidetrack and will re-perforate A6, I have no idea on timing.My stock is now sitting in that bottom drawer and I'm not putting timelines on my hopeful return expectation, it's pointless. I still believe I get to see my payday, the issue will be when. I'm younger than our HDepths so hopefully before its Memorial time !!Smarty|
|limerick back again..|
|Company is not run by Oil men
Company was founded and run by Oil men in 2006 to 2012 when bean counters took over. These had worked with Oil men and probably learnt at Nellies knee. But in operational terms were hostage to drilling teams. (from 2015 report Chinese partner bearing the drilling costs and any incremental production being split on a 50:50 basis.)
Established in October 2006 and listed on the Alternative Investment Market of the London Stock Exchange in May 2007
2006 Company was founded by OIL MEN see below.
• Financial Crisis hit in 2008
Kuat Oraziman who was a Non Exec provided LOANS to the Company … shareholders were not asked for more cash
2011 OIL MEN left Clive Carver (a Non Exec) becomes Chairman … Kuat Oraziman becomes CEO. Skeleton Annual Reports replace more detailed reports
2013 Kairat Satylganov a banker joins the board
2014 to 2015 Chief Operating Officer Hyunsik Jang is a Korean national who has 27 years experience in the upstream oil & gas industry was joins board as a NON executive then leaves board.
Company brings in reputable companies to survey resources.
Country is facing some financial problems
2007 board included
• Rob Schoonbrood Chief Executive Officer Rob Schoonbrood has 40 years energy sector experience, primarily in oil and gas, having spent the first 30 years of his career with the Royal Dutch Shell Group.
• David Barker Chief Operating Officer David Barker has 30 years experience in the oil and gas industry. His early career included petroleum operations and production engineering positions with Mobil Oil Corporation and Mitchell Energy Corporation.
• Duncan McDougall Technical Director Duncan McDougall has 26 years international experience of exploration, appraisal and development of oilfields in a variety of environments. He began his career in the North Sea with Charterhouse Petroleum and BP Exploration as an exploration and development geologist.
------ ABOVE and others have since left BELOW are still on the Board
• Kuat Oraziman Non-executive Director Kuat Oraziman has 20 years of business experience in Kazakhstan and abroad and nearly 10 years of oil and gas experience in Kazakhstan. His experience has included the operation of import and export businesses, the establishment and operation of an international brewery in Kazakhstan, and acting as the Kazakhstan representative of Phillips and Stork. Since 2001 Mr. Oraziman has been a director of ADA LLP.
Mr. Oraziman also holds a doctorate in science and is a trained geologist.
• Clive Carver Non-executive Chairman Clive Carver qualified as a chartered accountant with Coopers & Lybrand in London in 1986. Since then he has focused on the corporate finance and corporate broking arena, including working for Kleinwort Benson and Price Waterhouse Corporate Finance.|
|505,Developing v AIM Oilco investment ? Yep, we know where we went wrong there !Did get the message but you know me, up to my neck in work and completed MBO last year, took 15 months.I'll be in touch.S|
|All good here mate !Just sold the last of the houses and ready to go on the next two developments. Just looking in here as the love affair still burns on! lol
Was down your way before Christmas and bumped into your eldest in the gym at St Georges, she was meant to pass on a message .Need to hit the Sherpa Kitchen soon Smarty for a hot one !!!!
And don t forget David Barker he was a good guy !There was more clarity with the old guard and more integrity I think!!!
We would of all been better off buying 50k s worth of Castrol Magnatec each all of those 10 + years ago and selling it to the market today ,you would have made more money ;-)))|
|Just to show the level of either incompetence or doing things on the cheap here, I found this whilst doing some research on the world's deepest wells.
"in May 2008, a new record for borehole length was established by the extended-reach drilling (ERD) well BD-04A, which was drilled by Transocean for Maersk Oil in the Al Shaheen oil field in Qatar. It was drilled to 12,289 m (40,318 ft), with a record horizontal reach of 10,902 m (35,768 ft), in only 36 days."
On 28 January 2011, Exxon Neftegas Ltd, operator of the Sakhalin-I project, drilled the world's longest extended-reach well offshore on the Russian island of Sakhalin. It has surpassed the length of both the Al Shaheen well and the Kola borehole. The Odoptu OP-11 well reached a measured total depth of 12,345 m (40,502 ft) and a horizontal displacement of 11,475 m (37,648 ft). Exxon Neftegas completed the well in 60 days"
Note the length of the drill time in both cases, Meanwhile, A5 is exactly 3 and a half years from spud, Roxi make Fred Karno's circus look like total professionals....|