We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Xplorer Plc | XPL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 8.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 8.00 | 8.00 |
| Top Posts |
|---|
Posted at 27/10/2014 23:20 by skiboy10 Found this from last summer. Looks like the plan hasn't changed it has just taken longer than anybody expected. Though that is understandable given the potential size of the deals in three different locations.Jul 12th 2013 More to Xplorer debut than first meets the eye London's oil sector welcomed a new addition on Thursday as Xplorer (LON:XPL) made a premium debut. It is the latest shell to join the market and investors may be forgiven for overlooking this debutant which is valued in the market at just £1.97mln. Raising just £1mln the new entrant's float barely made a splash, but, a closer look shows there may be more to this company than initially meets the eye. The fact that it has jumped straight on London's main board rather than AIM, the typical home of cash shells, could be taken as a statement of intent. Delving through the group's prospectus and associated marketing reveals an ambition to quickly put together a firm of some stature. The group's pockets are deeper than the float suggests. It is backed by Hong Kong based private equity group Sprint Capital, currently owning 17% of the shell, and it has several institutional investors in tow. Xplorer's upfront £1mln is merely pocket-money to allow the group to complete negotiations and due diligence over a significant transaction. Through a reverse takeover and another funding the group is expected to take its true form within a matter of months. It is understood that assets currently in Xplorer's sights are located in Kyrgyzstan and Georgia and the plan, once a reverse is sealed, is to bring in major partners for drilling. Together the assets' reserves will be in the multi-billion barrel bracket and it is thought the enlarged company could in short order be propelled among the established exploration and production companies in the FTSE 350. In a stock market statement today Xplorer chairman John Davies said: "This is the start of an exciting journey in the creation of substantial value for our shareholders. "Our sights are set on a significant transaction which will be supported by Sprint Capital. Accordingly, we consider a listing on London's Official List, rather than a junior market as appropriate to our ambitions for building a substantial oil and gas business." On Thursday Xplorer shares were changing hands at 18p each on the London Stock Exchange the £1mln share placing was priced at 16p. |
Posted at 25/9/2014 16:54 by skier100 The 1st step on the road to a rerating began today for XPL. A flood of trades came in. Awareness of XPL is expanding among investors. Plenty of newsflow on the way, including the company AGM in a few weeks. |
Posted at 20/8/2014 15:01 by fretfreeinvest tamer investor - I don't think they are both buys, as they are for the same amount. I think they are a joined sell and buy back as part of rolling a T20 position forward. Lots of people are away in August - so may be it makes sense to wait until September before they release the news. |
Posted at 31/7/2014 20:29 by euclid5 so is he happy to pay 100% more for placing shares thrn the current share price - if so he would of been out of this game long ago - I also know investors that participate in many fund raisings & they will not pay 100% more especially for the risk involved in Exploration$75m is a huge amt of funding - by the way what has the Imara co got to do with XPL as I mentioned before many high level people will go to very extraordinary lengths to tell investors what they want to hear - plus there are wealth mngrs / Private investors - Private equity & Hedge funds that clamber onto many private co's investments pre IPO & sell off after they IPO at the moment what asset do with have in XPL - no production no assets no cash flow just a good sound business idea or merging with oil co's that have some exploration assets & funding them & funding means raisings huge amts of cash via placings They may get it off at 100p - if we were in 2009-10 & 2011 but the market conditions have changed dramatically since then Example - I calculated LOGP's BarrY NPV wi of 20% at 300p per share - today it's trading at 96% discount to that - agree though PVR has so far failed to farm this out |
Posted at 31/7/2014 16:05 by euclid5 Thanks for the post LM - but don't forget regarding the below they will need large amounts of capex to bring oil assets into production - so yes they will need to do a placing & major investors don't pay much above market price for the large risk factors in this business they want large discounts, which is very commondoesn't matter who backs them or what they said pre IPO - we are going to raise at 100p - but depends on what assets they buy & how close they are to production - the work commitments required on the licences etc & where they are based This is an interesting beast as nly 12.4m shares in issue & capped at £4.5m - all depends on the BoD's past oil business trading history really Not comparing like for like but re the looking at 90 candidates - can they provide factual proof of this - because BK & co at NEW (which is the biggest AIM oil & Gas dog in the past few years) said they looked at 50 assets worldwide & went for Belize which had 50 previous dusters except SL & ND oil fields...the rest is history there! "The opportunity set comprises existing production with significant development upside, offshore exploration in a province with high levels of industry activity and finally, a large acreage position in a prospective but under-explored onshore basin. Xplorer and Sprint continue to review other opportunities that could be added to our portfolio" |
Posted at 31/7/2014 15:55 by liquid millionaire Xplorer plc("Xplorer" or the "Company") Final Results for the year ended 31 March 2014 Xplorer plc (LSE: XPL), a business formed for the purpose of acquiring an undervalued company, business or asset that has operations in the oil and gas sector, reports its Final Results for the year ended 31 March 2014. All financial amounts are stated in GBP British pounds unless otherwise indicated. Chairman's Statement I am pleased to present the annual accounts for the year ended 31st March 2014; a period of continuing strong progress. Xplorer Plc was incorporated on 12th March 2012 and was successfully admitted as a Standard Listing on the Main Market of the London Stock Exchange on the 11 July 2013, raising £1 million through the placing of 6,250,000 ordinary shares at 16 pence per share from institutional and other professional investors. By March 2014 we had driven our opportunity substantially forward and this enabled us to raise an additional £500,000 at 46 pence per share. Xplorer plc was formed for the purpose of acquiring undervalued companies or assets in the oil and gas sector guided by an extensive list of 90 or so candidates which we had previously compiled with Sprint Capital. The money we raised has enabled us to conduct extensive research and due-diligence into these potential candidates and having set ourselves ambitious targets, a shortlist was compiled last year. Our Board is supported by Sprint Capital, a Hong Kong based private equity fund and its founders, Chris McAuliffe and Jacqueline Lim, who were invited to join Xplorer as non-executive directors at the time of our formation. Their skills, knowledge and ability have been pivotal in taking us to the position we are now in. I joined the Board in May 2014 in order to assist in the launch and creation of a cohesive sector focused operating business. Xplorer and Sprint have diligently pursued investment opportunities for a period of time and are currently in exclusive negotiations with three entities. In all cases these discussions are approaching completion. The opportunity set comprises existing production with significant development upside, offshore exploration in a province with high levels of industry activity and finally, a large acreage position in a prospective but under-explored onshore basin. Xplorer and Sprint continue to review other opportunities that could be added to our portfolio. The legal, financial and technical due diligence reports prepared by our various expert and professional advisers are now in the main, complete and we are in the closing stages of bringing the three candidates together under the Xplorer umbrella with plans to launch a further equity fund raising to be invested almost entirely in oil and gas productivity. We thank our shareholders for their support during the past year and we look forward to announcing further news shortly. |
Posted at 24/7/2014 12:08 by workinglunch2 Nothing has changed at xpl, but a lack of news or an update has allowed investors to lose patience and sell, some probably at a lost. But i'm still waiting for the news to come out before i decide what to do. |
Posted at 21/7/2014 10:59 by moreforus XPL malaise continuesthis is a BIG clue!! page 5 Jan Mar 2014 ‒ Financial, legal and Phase 1 technical due diligence review April 2014 ‒ Sproule completed Phase 1 technical due diligence review and issued volumetric resource estimate Mar 2014 ‒ Hired Investec to assist with RTO and fund raising May 2014 ‒ Sproule prepared Competent Persons Reports (CPR) for both Kenya and Morocco June 2014 ‒ Imara to agree SPA to acquire Morocco / Kenya assets and SPA to sell itself to XPL for shares June 2014 ‒ Imara to undertake $5-7mn pre-RTO CLN's at 20% discount to RTO price End June 2014 ‒ Investor road show / publication of shareholder circular End July 2014 ‒ Completion of RTO and $7-10mn capital raise / admission and dealings Signing of MoU Commence Legal, Financial & Phase I Technical Review Phase II Technical Review & CPR Completion of RTO T |
Posted at 18/7/2014 13:16 by moreforus XPLRoger Tucker (1) (Director) Key industry, strategic partner and investor relationships (1) Director Designate until completion of RTO |
Posted at 01/5/2014 17:20 by skiboy10 From lseToday 16:25 Price: 49.00JackSht 567 postsRE: newsCould not be more right mills2. This guy has been there and done it a few times (just slowly re-read the RNS and let his PROVEN capabilities sink in). Would XPL want or be able to attract an executive of this caliber if their ambitions were not huge and convincing. His connections within the industry must also be a massive bonus for us. The appointment will, more than anything else so far, establish XPL in the minds of the market and begin to attract major players. I've set out my lower and upper limits for the share price a number of times on this BB (i.e. £1 to £1.50 - this year). However, we are being given an insight into the ambitions of XPL and, I believe, I may need to revise my thinking significantly on the share price We are a fortunate band of investors here and we shall be the envy of many when this plays out. What I also love about XPL is that we need not worry about missing the boat and not selling soon enough, as I expect the share price to continue on an upward trend for many years to come. GLA (but you will only need it to get your hands on more shares). Jack |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
