04/07/2015 16:24:48 Cookie Policy Free Membership Login

Woburn Energy Share Chat - WBN

Share Name Share Symbol Market Type Share ISIN Share Description
Woburn Energy LSE:WBN London Ordinary Share GB00B1YW2916 ORD 1P
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00 +0.00% 1.00 0.00 0.00 - - - 0 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -0.8 1.4 0.7 2.32

Woburn Energy Share Discussion Threads

Showing 13775 to 13800 of 13800 messages
Chat Pages: 552  551  550  549  548  547  546  545  544  543  542  541  >>
DateSubjectAuthorDiscuss
04/7/2015
09:47
Hi Ivan, good to hear from you again and that all is well with you. Bet you are really missing your weekly pasty though?runnerpete22
04/7/2015
09:31
Fut, the vision of Mrs Fut in rubber gloves and wellies should bring you a little tingle - even at your age. Ivan, when I win the lottery I will pay you a visit and we can have dinner in that restaurant way up the mountain.harold larwood
04/7/2015
07:29
Thunderstorm at two am I though we had it bad until I saw the news this morning. Mrs Fut stood in the hall wearing wellies and rubber gloves.futhark
03/7/2015
22:11
Harold. There are actually one or two English type pubs, and a few Irish ones too. They became popular a few years back, and seem to attract a particular type of client, usually yuppies/social climbers, and of course, anything English is highly regarded. Could be profitable. my son is making some mead for a school project, and I think he has ideas about selling it, if its successful. But as a typical 15yr old, he'll probably drink most of it. Ha Ha. The Spanish is pretty bad, I have to admit, but as they say, "poco a poco". Hi Fut. Yeah, I do look in very occasionally, and saw you had hurt your leg. My sympathy, and of course, hope it gets better quickly. The older we get, the longer it often takes, but hang in there, and it should improve slowly but surely.ivanburgess
03/7/2015
09:21
Ivan, sounds like you are also learning Spanish. If that's the case then the lovely senoritas of your local will be giving you lots of warm and fuzzy feelings per se. With the demise of the BBC, perhaps there is an opening for an English brewer to come over and start up there. I always enjoyed where you are.harold larwood
03/7/2015
03:59
Hi Harold. The figs came from the Ministry of Mines and Energy, but they were compiled from the records of the ANH (National Hydrocarbons Agency) who superceded Ecopetrol as keeper of the national records. So they are legit. I have sent you by e-mail, (to your address, not "Woburn Oil & Gas's" address) the actual production records of all producing contract areas, from where I extracted the Crock's production. You will notice that there was no production declared from July 2011 until March 2013. I think this was because from memory, we did shut down the wells whilst the Canadians were trying out the CHOPS system, separating it all when it came to the wellhead. But of course, I don't know what happened to the oil produced from that test. I think it was sold to market to pay for the cost of the testing, but it doesn't appear to be recorded. There are also no figures published for December 2010. I believe there was production, but the ANH don't seem to have published them for any company for that month, maybe an administration error? When the production was again declared in March 2013, I think the Canadians were opening up Baul, which we were not party to, so possibly the March figure was nothing to do with us. And of course, I'm not certain of the date we actually sold our interest. But you are absolutely right, in that the amount of the settlement seems extraordinarily high. On those production figures, bearing in mind our oil was heavy and not of the same value, even if we got $100 a barrel for it (at one stage oil was only $50-60 per bbl , then 30,000 barrels over that 5 year period would have brought us a maximum income of $3 million, and Moyes 3% would have only been $90,000 total. Now, we must assume that if the claim was that the figures were understated, then we must have paid them a considerable amount anyway, and so the understated part would have been a mere fraction of that figure. For example, if they were understated by say, 10%, then the underpayment should have been only $9,000 ???? Yet we paid them nearly half a million quid in settlement??? It seems very odd. On the subject of the BBC, I don't know whether you got my last e-mail, but very sadly, it has been bought by AB Inbev, makers of cheap sh*t, so it looks like Monserrate Red et al, may go to the dogs as soon as they find a way to cheapen it, and extract maximum profit by sacrificing the quality. (Yo soy muy triste). Aaaah, I nearly forgot, amazing how we get sidetracked, back on topic, ....... weather is great, as always. The thermometer in my pad has never ever fallen below 20C, so heating is something I don't have to worry about. An occasional gentle breeze is quite refreshing, never get the gales and stuff you guys have to suffer. I am planning to buy a new motor very soon, and will be off to do the Pan American Highway, which runs the whole length of SA from the Panama Gap down to Tierra del Fuego, through the Amazonas, up the high Andes around Bolivia etc. But not all in one go. I hope to explore as much as I can, not just going hell for leather. Enjoying Wimbledon, and have an abundance of fresh strawberries, so it almost feels like I'm back in the UK, but without all the problems. Warm and fuzzy feelings to all (per se), Ivanivanburgess
02/7/2015
14:21
Cliveas, cheers. I will take what free advice I can in the first instance. Have also received news from another shareholder whois also willing to chip in. There is a definate whiff about this deal as the figures quoted by Ivan appear to be similar to what WBN would have received. Been a frustrating day as the news is all about brilliant sunshine and heat whereas its rained all morning in Barnstaple. Still, I made some fresh pesto sauce with basil from the greenhouse which I am now enjoying with spaghetti.harold larwood
02/7/2015
13:52
Hi cliveas, yes lets go for it! I will put some funds forward too if it will sort this, why should they take us for mugs, which by the sounds of it is what they are doing. Sounds like your son will have fun there!gismo
02/7/2015
09:10
Let us go for the jugular! I will put up funds if needs be to nail this down! Thanks to all for their efforts! (my eldest just had a trial visit to his new senior school and guess what? He loved it! Phew Heaven LOL).cliveas
02/7/2015
07:09
Morning, Hi Ivan nice to see you posting on here again. I smell a rat in all this but hope you guys find something to nail them with. They have obviously got their Citizenship and now they want to dump us. Nice!gismo
01/7/2015
23:47
G'Day Ivan, you are alive. Welcome back to the BB, per se. Very interesting figures(did they come from Ecopetrol)which indicate that a payout to Moyes and Co could not be supported from this!! The revenue reported by Kappa will be in the company's consolidated accounts which are on the website. Maybe our friend just paid Moyes and Co off to make the issue go away so that they could liquidate the company. Majority acting against the minority? I will follow up. Have a good evening at the BBC.harold larwood
30/6/2015
12:24
Wilbury, Harold's right it will get better in time, you look after yourself. Harold, back to the beer then. What do we do about this voting, do we say nothing? I've had emails from two brokers that I hold Woburn in?gismo
30/6/2015
10:25
Wilbury, it takes time but it will get better. The worst is to come I'm afraid. Your lowest point will be after the funeral and you shut the door and are on your own for the first time. It will get better. Gardening and brewing today - its my femine side. Multi-tasking.harold larwood
30/6/2015
06:55
Hi all starting to hit home now keep feeling low when everyones away I feel so sad could not sleep been up since 4.30 hanging linen out terrible.wilburylover1
28/6/2015
21:24
Hope things are as good as they can be Wilbury Gisgismo
28/6/2015
21:24
I think that unreported money has gone into Sir TB's stomach!!!I hope we can pull the rug from under them.gismo
28/6/2015
12:46
Wilbury My heart goes out to you,keep your family close and try to stay strong as best you can. Re Woburn lets go for it.cliveas
28/6/2015
12:24
Wilbury, that is awful for you and your family. What a shock! Complete nightmare for you all. My deepest sympathy to you. Good luck with dealing with it all too.dr jekyll
27/6/2015
17:51
Hi all thank you for all your kind words of support I have three grown daughters who are giving me lots of support even though they are grieving them selves its also amazing me how many friends my wife had and offering there help so nice. Maybe we could get a no win no fee solicitor on the go just to P them off.wilburylover1
27/6/2015
14:21
Hi Harold, good point. So would a solicitor find out exactly what happened? It would be nice to put them in a corner for a change.gismo
27/6/2015
12:41
Wilbury a very sad time for you, my condolances. Trebbloke4
27/6/2015
12:19
Wilbury, so sorry to hear of your sad news. As others have said, events at WBN are put into perspective. It crosses my mind that if the Numpties have reached an agreement to pay Moyes and Co $425k - and these are not the sort of people who spend money gratuitously - then there must have been merit to the claim. The claim was for unpaid royalties which, I think, was 3% of turnover. So if they paid $424k, that implies unreported income of $14m. If so, where has that money gone? Was it under reporting by Kappa and, if so, wouldn't that be fraud? Does WBN have a claim against Kappa?harold larwood
27/6/2015
08:17
Deepest condolences wilbury, I cannot imagine your anguish at such an event. You will need to stay strong for a long while - so hang on in there.scaleyman
Chat Pages: 552  551  550  549  548  547  546  545  544  543  542  541  >>


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