Andalas Energy And Power Share Discussion Threads

[therealtonythetiger] 04/3/2020 17:54

Advance Energy plc ('Advance' or the 'Company') Completion of Strategic Review Advance Energy plc (AIM:ADV) (formerly known as Andalas Energy & Power plc (AIM:ADL)) is pleased to present a new strategy for the Company based on growth through acquisition or farm-in to non-operated interests in upstream projects where there is an opportunity to add significant value in the short to medium term. Advance Energy - Vision and Strategy Our Vision is to provide exceptional returns to our investors by unlocking hidden value in already discovered oil and gas assets. Strategy Overview Unlocking hidden value is our main objective - to the benefit of our shareholders as well as our joint venture partners, host governments, and broader stakeholders. Many upstream assets present challenges to existing operators. These difficulties may be technical in nature, mis-alignment in the partnership, sub-optimal commercial arrangements, or simply funding constraints. One, or a combination, of these issues can present the opportunity for realisation of added value. We look to identify such assets and maximise their value using our unique insights from original technical work, commercial acumen or advantaged relationships. Business Model We seek to take non-operated interests either by acquisition or farm-in, and prefer joint ventures with only two parties and the ability to exert a significant degree of influence. Our model means that we only work with established operators eliminating many of the execution risks present for typical early stage, high growth companies. We can focus on what really adds value rather than day-to-day operational concerns leaving that to the operator. We have no need to build a large and complex organisation keeping our overheads low and preserving value for our shareholders. Value Driven We have no need to be geographically constrained. We screen projects purely on value potential rather than specific play-type or basin. This provides us with a larger opportunity set than many traditional upstream companies. We target only discovered resources in good fiscal regimes, and projects with major value inflection points within a short timeframe. Generally, less than 3-5 years out with clear line of sight from the onset. No high-risk exploration with long time lines to delivery of full value. Managing Risks We prefer one-on-one negotiation where we can tailor our approach and will not participate in bidding rounds or other openly competitive situations where value can be bid away upfront. Our focus on near term value creation means it is easier to control risks - limited exposure to long term commodity price trends, and no potential stranded value from the world's changing energy mix or climate change initiatives. The Advance Energy approach is to support and enhance the performance of upstream operators to deliver exceptional project outcomes and exceptional returns. Upcoming Roadshows The Management of the Company will hold a number of meetings with investors in the coming weeks in order to present the new strategy and introduce our new team. Current Assets This replaces the old strategy which focused on exploration and production projects in the United Kingdom and Indonesia. The Company notes that it has met its obligations under the Betun Selo Services and Option Agreement in Indonesia and the Board has concluded that the remaining value in the asset does not offer sufficient potential to merit drilling a new well at this stage. As regards the Company's non-operated interests in the United Kingdom - they are currently at an early stage in the exploration and development cycle. As such, they have materiality and risk profiles that are unlikely to compete for capital under the new strategy.

[rnstranslator] 04/3/2020 09:50

Another classic "unicorn hunters" release.We only want stuff that's going to be valuable and low risk.We won't bid for anything.we will only be a non operating partner.We'll use our self proclaimed USP-"unique insights from original technical work, commercial acumen or advantaged relationships."They have no capital, they have no record of delivering anything in small cap public companies...ex big company types who believe their own hype.It'll end in tears, just like the last bunch here..but only after they've loaded up on options and salaries....

[domple] 24/2/2020 10:48

like it jaknife....straight to the point

[therealtonythetiger] 20/2/2020 07:32

https://www.investegate.co.uk/andalas-energy---38--pwr--adl-/rns/review-of-strategy/202002200700065136D/ Andalas Energy and Power Plc ('Andalas' or the 'Company') Review of Strategy Andalas Energy and Power plc (AIM:ADL) is pleased to announce that, following the recent changes to the Board as announced on 4 February 2020, the Board and Management are to conduct a review of the business with a view to formulating a revised strategy. This review will address the current assets in the UK and Indonesia as well as additional growth options in order to maximise the value of the existing platform. The Board expects to complete its review within the next two weeks with further communications to follow soon thereafter. It was earlier announced that the Company proposes a name change to Advance Energy plc subject to shareholder approval at a General Meeting scheduled for 26 February.

[texaschaser] 09/2/2020 14:01

iamgreat1 AKA @thelongergame

[tidy 2] 05/2/2020 13:46

Expect 0.3 should be base allowing the bod to take up the warrants.

[tidy 2] 05/2/2020 13:36

Bulletin Board Heroes - Video ReviewToday #BulletinBoardHeroes preview, Wednesday, 5th Feb 2020 with @ZaksTradersCafe sponsored by @UKInvestorShow Andalas Energy & Power PLC (LON: #ADL) Positive points gap higher from yesterday - Warrant issue kick-in (point 3 levels) for new management. FULL BBH update to followVideo link hTTps://twitter.com/Share_Talk/status/1225034779877421057

[bmwman3] 05/2/2020 12:32

Great buy at this price you'll be a fool to short

[iamgreat1] 05/2/2020 12:30

That was from 10.30 so was a sell share price now dropping back as it should

[bmwman3] 05/2/2020 11:37

7mil buy just gone through

[iamgreat1] 05/2/2020 11:35

WillBe flat or red by end of the day

[bmwman3] 05/2/2020 11:33

Filtered Find the best performing share! Short it then try and talk it down! Haven't you got bored of this old method yet! This is returning to the price it should of been trading at all along! Confidence is returning! So massively substantiated imho

[bmwman3] 05/2/2020 11:29

Nice try but must try harder

[bmwman3] 05/2/2020 11:29

Buys reported as sells

[iamgreat1] 05/2/2020 11:17

Heading down Unsubstantiated rise

[bmwman3] 05/2/2020 11:10

Great price to get a involved now imo

[bmwman3] 05/2/2020 10:51

They'll rinse these few out then send it straight back up! Imho

[wahrani31dz] 05/2/2020 10:47

Idiots selling when it is NT to buy, go figure

[bmwman3] 05/2/2020 10:36

Andalas Energy & Power PLC on Tuesday said Leslie Peterkin and Mark Rollins will replace outgoing Chief Executive Simon Gorringe and Chair Robert Arnott, respectively, with immediate effect.In addition, the oil and gas exploration and production company said it has raised GBP525,000 through a subscription of 350.0 million shares at a price of 0.15 pence each. The issue price represents a 20% premium to the last closing mid-market price of Andalas shares on AIM of 0.125p.Andalas shares were trading 34% higher in London on Tuesday at 0.17p each, giving it a market capitalisation of GBP2.0 million.The net proceeds of the subscription will be used to review new opportunities and for general working capital, the company noted.Andalas said Noiva International SA, a company owned by Peterkin and Rollins, has subscribed for 133.3 million shares at the issue price, representing 8.5% of Andalas's enlarged share capital."Leslie and I are delighted to join the board of Andalas and concurrently we, along with John Battrick, have invested GBP500,000 as part of the subscription, to demonstrate our commitment to the company," said Rollins.Turning back to board changes, Andalas said Anthony Battrick was appointed as technical manager and subscribed for 66.6 million shares. Battrick is a geoscientist and has worked in the exploration and production sector for five decades for a number of international oil companies, Andalas said.Meanwhile, Rollins was until recently chair & CEO of Ukrnafta, a Ukranian oil production firm. Between 2008 and 2015, he was a senior executive at BG Group PLC.Peterkin has previously served as Woodside's director Browse Liquefied Natural Gas Development and MOL's senior vice president of Operations & Development.In conjunction with these board changes, Andalas said it has awarded a total of 137.5 million options over shares to its executive directors and senior management. Such options will represent 8.8% of the company's issued share capital following the subscription, it said.The options are all exercisable at 0.30p per share, Andalas said, representing a premium of 100% over the subscription price.Rollins and Peterkin were granted 25.0 million options each, while Battrick has secured 12.5 million options. Legal & Commercial Director Ross Warner was granted 6.3 million options.Looking ahead, Rolling added: "As a first order of business we will be conducting a review of the company's strategy to ensure we can realise this growth potential as soon as possible by introducing new opportunities to the board and widening the existing asset base."

[bmwman3] 05/2/2020 10:27

Can see this bagging today! Once we get these day traders out the way!