Share Name Share Symbol Market Type Share ISIN Share Description
Andalas Energy And Power PLC LSE:ADL London Ordinary Share IM00BZ7PNY71 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.01p +1.01% 1.00p 0.95p 1.05p 1.00p 1.00p 1.00p 1,967,115 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 0.0 -1.0 -0.0 - 3.66

Andalas Energy And Power Share Discussion Threads

Showing 4801 to 4824 of 4825 messages
Chat Pages: 193  192  191  190  189  188  187  186  185  184  183  182  Older
DateSubjectAuthorDiscuss
19/10/2018
09:49
one thing for sure about Simon Gorringe and the bod is that they are very good at marketing the company and saying all the right things. They have a plan and it seems that they are not for messing about.
domple
09/10/2018
15:47
Like many other smallcaps, they need to raise funds to secure the next leg of their growth. I am watching this and will dip at the right time. in as its one of the cheapest ways of getting exposure to Colter. Cash
cashandcard
09/10/2018
15:45
Lol I hope not
daar
09/10/2018
13:00
daar.. yes 0.00p will be the bottom..
therealtonythetiger
09/10/2018
12:17
0.70-0.80p
daar
09/10/2018
12:17
Any guesses about the bottom?
daar
08/10/2018
19:22
Just seen this........Corporate Presentation – September 2018 hxxp://www.andalasenergy.co.uk/2018/10/08/corporate-presentation-september-2018/
therealtonythetiger
02/10/2018
08:12
https://www.investegate.co.uk/andalas-energy-and-power-plc--adl-/prn/issue-of-options/20181002080754P0100/ Andalas Energy and Power Plc, the AIM listed oil and gas company (AIM: ADL), announces the award of a total of 36 million options over ordinary shares in the Company (“Options”) to its Executive Directors and key consultants. The Options are all exercisable at 2 pence per share, representing a premium of 83.5% over the closing share price on 1 October 2018, and vest, over a two-year period as set out below: Chairman of the remuneration committee, Dr Robert Arnott said: “Simon and the team have worked tirelessly over the past 11 months to secure funding and new opportunities that together position Andalas to deliver on multiple fronts over the next few months. The options have been struck at a significant premium to ensure that the Companies management team is only rewarded when it has delivered value to its shareholders.”
therealtonythetiger
02/10/2018
07:52
Following on from ADL in another format but WTE are joining in with UOG and the others at the COLTER party amongst various.... The Directors believe the NPIs - being a 0.5% NPI in licence P1918 (Colter Prospect), a 0.5% NPI in licence P2222 (Oulton Discovery) and a 1.0% NPI in licence P2235 (Wick Prospect) - offer low-cost exposure to near-term exploration and appraisal drilling targets, with independent prospect risks and potential for substantial value uplift, in the success case, without requiring further investment by the Company.
cpap man
01/10/2018
19:01
Andalas aiming for PSC stake............ AIM-listed Andalas Energy and Power is on a mission to boost its upstream assets in Indonesia under a novel business strategy that diversifies from the initially targeted gas-to-power opportunities, writes Amanda Battersby. Andalas has entered into a conditional agreement to acquire a stake in the Bunga Mas production sharing contract onshore South Sumatra. The deal is for an initial 25% participating interest in the onshore PSC with the right to increase this to 49% and then further to 100%. Completion of the transaction is dependent on various matters, including the existing operator securing an extension to the exploration term at Bunga Mas. The block is home to the Bunga Mawar discovery that has best prospective resources of 2.09 million barrels of oil in the Air Benakat formation. Andalas intends first to test the Bunga Mawar field with the aim of converting prospective resources into contingent reserves that would form the basis for a Plan of Development. The field was discovered in 2012 by the Bunga Mawar-1 wildcat that flowed sweet light crude of 45 degrees API from a sub-surface depth of 704 metres. “Our initial work programme will target the Bunga Mawar field, following which we expect to submit, for approval, our Plan of Development to bring the field into production and will then look to appraise and develop the other oil and gas accumulations on the licence,” said Andalas chief executive Simon Gorringe. Other prospects on the field include the Bakung, Sakura and Anggrek that have oil potential, and the gas prospect Melati. The Bunga Mas block is located near existing upstream facilities, which could be useful for a future commercial exploitation of Bunga Mawar. The hoped-for extension to the Bunga Mas PSC is currently being negotiated with Indonesia’s upstream regulator SKK Migas. “The joint venture is actively pursuing this extension,” Gorringe said. He would not elaborate on when the acquisition might be completed. More than $111 million has been spent to date on the block, some of which might be available for cost recovery for Andalas if it were to go ahead with development of Bunga Mawar. However, such cost recovery would only apply under an extension of the existing contract and not under a new contract based on the gross split model. The three existing partners are all subsidiaries of Arctic Bay Ventures, and Andalas intends to acquire them in stages, initially via a share deal to take over Bunga Mas Energi that has a 25% participating interest in the PSC. Andalas has the right to acquire the remaining subsidiaries — Bunga Mas International Company (51%) and Dorato Fiore Pacifico (24%) — for a nominal $1 each..
therealtonythetiger
01/10/2018
15:36
http://www.upstreamonline.com/hardcopy/1590071/andalas-aiming-for-psc-stake?utm_medium=email&utm_source=free_article_access&utm_content=121288798
the foxthe fox
28/9/2018
08:35
Rig contract signed with Ensco for a jack-up to drill the Colter well.. Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), is pleased to announce an update on its Colter prospect, in which it recently announced an agreement to earn an 8% interest. The operator, Corallian Energy Limited (“Corallian221;), has signed a contract with UK based drilling contractor Ensco U.K. Ltd for the provision of the Ensco-72 jack-up drilling unit for its Colter well. The timing for drilling the well is dependent upon the receipt of the necessary regulatory approvals and consents. Based upon the current estimates for receipt of these, Corallian is expecting to commence to drill the well during Q4 2018...
therealtonythetiger
26/9/2018
10:48
Dilution of their holding after placing
croasdalelfc
26/9/2018
08:38
Lombard TR-1 out.... https://www.investegate.co.uk/andalas-energy-and-power-plc--adl-/prn/holding-s--in-company/20180926080706PC75E/
therealtonythetiger
21/9/2018
20:11
Nice 2m at the bell
milliecusto
21/9/2018
16:47
Link, cannot find
milliecusto
21/9/2018
16:29
Easy to spend other peoples money. Funny how PLCs want to spend every penny they have , instead of keeping cash and waiting for the initial investments to come to fruition. Says a lot about management . Previous working in large multinationals doesnt necessarily give you the tools and experience to run a company by yourself !Market clearly agrees with my synopsis.
oilbuy
21/9/2018
15:17
hope you all know Colter is delayed drilling from Bourmouth Echo till Q1 2019 due to regulations and sea horses it seems ! hence share price going down.
theblackbaron
21/9/2018
13:32
mmmm Interesting
therealtonythetiger
21/9/2018
09:11
#FinancialFox - Barney Gray, independent oil analyst on ADL conditional acquisition in Indonesia hxxps://soundcloud.com/cassiopeia-services-plc/chatting-with-barney-gray-independent-oil-analyst-on-adl-conditional-acquisition-in-indonesia
the foxthe fox
21/9/2018
08:55
As a shareholder in RBD, this is interesting news, and again shows the potential of Colter. Colter is immediately south of Wytch Farm, the largest onshore oilfield in Europe. Colter itself was drilled and encountered oil, they are targeting the thicker updip section where there is potential for (relatively speaking) substantial accumulation. In a success case, as Colter is only a few kilometers south of Wytch Farm, it will almost certainly be sold onto WF's owners who will develop it through extended-reach drilling. So a clear exit strategy. Cash
cashandcard
14/9/2018
16:59
Nice finish now SG needs to throw in some decent news to keep the momentum going..
therealtonythetiger
14/9/2018
09:03
People are accumulating, looks like another blue day
billyboychrisd
13/9/2018
12:44
They should release a TR1 at 3% and every 1% thereafter.. Im not sure why they released the 1st RNS then the retraction.. Lets just hope its all good in the long run..
therealtonythetiger
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