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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
  -0.005p -3.33% 0.145p 0.14p 0.15p 0.15p 0.145p 0.15p 4,054,533 12:06:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 0.0 -1.0 -0.0 - 1.00

Andalas Energy And Power Share Discussion Threads

Showing 4851 to 4871 of 5100 messages
Chat Pages: 204  203  202  201  200  199  198  197  196  195  194  193  Older
DateSubjectAuthorDiscuss
20/12/2018
00:16
"Ensco 72 rig has commenced mobilisation to the Wick drilling location." Previously: "the drilling of the Wick well (in which Andalas does not have an interest) expected to commence during December 2018" With Christmas and new year days away drilling is not going to commence until mid - late Jan at the earliest so another delay. "Colter (in which Andalas has an 8% interest) which is now scheduled to be drilled in Q1 2019." That will slip into Q2 and ADL needs to get a placing done or it won't be able to fund its share of the drilling costs - will SG and the rest of the board put their hands in their own pockets this time? Then there is Bungled Mess: "The sale and purchase agreement is conditional on: 1. DFP agreeing to assign its 24% participation interest in the PSC to BME for $1 and submission to SKK Migas of an application to approve the transfer; 2. The Indonesian Minister of Energy and Mineral Resources approving an extension to the exploration period of the PSC on terms acceptable to Andalas and various other related matters; 3. Various parties including the ABV group entering into a further agreement ("Framework Agreement") to regulate the activities of BMIC, DFP and BME under the joint operating agreement ("JOA") and various other matters; and 4. Various procedural matters necessary to perfect the transaction. The agreement has a longstop date of 31 December 2018." So how is all that going considering the longstop date is 11 days away? And let's not forget dear old Badger (looking more and more like road kill) "By no later than 31 March 2019, advise the OGA that it either: (i) has elected to drill one well to 3800m or 100m into the Namurian (whichever is the shallower) and approved the necessary funding for the well commitment; or (ii) elected to terminate the licence; " So where are this bunch of no hopers going to magic up $20m needed to drill from by 31 Mar? Interims due in Jan, I bet the cash burn rate has increased since SG got more cash to burn. I can't see it being a prosperous New Year for ADL shareholders somehow.
sweet karolina
19/12/2018
10:36
Update on Colter well programme.. https://www.investegate.co.uk/andalas-energy-and-power-plc--adl-/prn/colter-programme-update/20181219103000P1D62/
therealtonythetiger
17/12/2018
19:26
"By no later than 31 March 2019, advise the OGA that it either: (i) has elected to drill one well to 3800m or 100m into the Namurian (whichever is the shallower) and approved the necessary funding for the well commitment; or (ii) elected to terminate the licence; " So where are this bunch of no hopers going to magic up $20m needed to drill from by 31 Mar? Look at how long it took to farm out Barryroe. If anyone with money really is remotely interested in drilling Badger all they need to do is wait for the licence to expire and apply for it themselves and have 100%. I wish ADVFN would get round to rebasing the historic shareprice data to reflect the consolidation then we could see if ADL was at an all time low - it must be very close to an all time low at 0.012 in old money to sell.
sweet karolina
17/12/2018
07:11
Eagle licence extension.. https://www.investegate.co.uk/andalas-energy-and-power-plc--adl-/prn/eagle-licence-extension/20181217070000P587C/
therealtonythetiger
12/12/2018
14:16
Fundraiser coming here? Cash
cashandcard
12/12/2018
13:31
share price looks like it is going down further - Are these guys looking to raise equity? -
tomboyb
10/12/2018
07:09
Update on Eagle investment https://www.investegate.co.uk/andalas-energy-and-power-plc--adl-/prn/update-on-eagle-investment/20181210070004PD134/
therealtonythetiger
09/12/2018
15:29
Thanks for the link Tom i will have a read,
kenco7
08/12/2018
14:57
Job done: Https://www.shareprophets.com/views/39821/andalas-why-the-hell-has-it-not-made-an-announcement-about-its-eagle-investment No doubt sweet FA will happen as usual but at least those who read this board know the score.
sweet karolina
07/12/2018
19:39
SG really does not want shareholders to know the truth about badger. I have other issues to deal with over the weekend, but I will get round to highlighting ADL's total disregard for AIM rules yet again at some stage.
sweet karolina
06/12/2018
19:10
Still no RNS from ADL re badger. What part of AIM rule 11 is SG struggling to comprehend?
sweet karolina
06/12/2018
18:36
hxxps://jakartaglobe.id/business/indonesia-top-global-list-oil-importers-2019/
therealtonythetiger
04/12/2018
19:39
Still no RNS from ADL correcting the errors from previous RNSs re Badger. No surprise SG running to form as predicted.
sweet karolina
03/12/2018
17:53
Have you? You are a shareholder who is being misled. No RNS today to cover what Atlantic have released. You should thank me for making you aware of what the 33% owner of Badger is saying as SG does not seem to want you to know. A lesson I learned 7 years ago now is if the company is misleading you sell first and ask questions later - if you can be bothered by then. It is abundantly clear from the 2 occasions that Atlantic and ADL's statements over Badger have been unreconcilable that investors are being misled. A simple cross check of the Bungled Mess RNS against the CPR shows more unreconcilable discrepancies. It really could not be much clearer.
sweet karolina
03/12/2018
09:45
Sk, have you approached SG directly with your comments?
domple
02/12/2018
20:16
So what did ADL say back in Aug before the placing? 2018 technical work programme completed thereby completing the Licence commitment. Oh dear now shown to have been a lie. Potential exploration well location identified to target 2 of the 4 objectives. + The well would be drilled in water depth of circa 45 metres (148 feet) to a total depth (TD) of circa 4,200 metres (13,800 feet). * Proposed well location is approximately 35 kms from local infrastructure, including the Perenco operated Eagles Transport System (ETS) pipeline that could, subject to negotiation, be the evacuation route for the produced gas to the Bacton terminal, North Norfolk. Oh dear rather jumped the gun with that - I thought this sort of thing was what SG was supposed to be good at. Will we see an RNS on Mon correcting the past lies and errors? Will it make clear that the continuation of the licence is at OGA discretion as the work programme has not been completed and OGA could easily say no you have had one extension already and not done the job and reopen the licence for fresh applications from competent companies that have the financial wherewithal needed to actually do something other than plead for more time. Will the RNS also make clear "or a decision to drop the license is made". If SG runs true to form there won't be an RNS on Mon or any time this week that informs shareholders what is really going on with Badger.
sweet karolina
02/12/2018
19:32
Oh look hot off the press: Https://www.petroleum.fo/get.file?ID=15869 License P2112 (Badger field) is again under further technical evaluation to determine if there is a more optimal location for an appraisal/development well. This work will be used to pursue a further license extension from the OGA in order for that work to be finalised and budget with funding determined by end second quarter of 2019. BADGER (33.3%) - UK License P2112 – Appraisal and Development. Work has progressed identifying better or more optimal appraisal/development well location within the acreage. The Partners consider there may be potential for an upside gas reserve, however proving this requires additional seismic interpretation work that will last into the first half of 2019. The OGA will be advised on or before 20th November 2018 that a final and short extension is needed before final technical and commercial appraisal and development plans are set or a decision to drop the license is made.
sweet karolina
29/11/2018
16:20
Andalas Energy (ADL) Presentation https://www.youtube.com/watch?v=2zBmV3NjsYE&feature=youtu.be
therealtonythetiger
28/11/2018
15:02
https://total-market-solutions.com/2018/11/28/the-outlook-for-uk-oil-assets/
burtond1
25/11/2018
13:58
Most people who met Bernie Madoff found him impressive, before he was exposed as a crook! SG has raised £2.4M gross since taking over from DW. Market Cap is £2.8M and Net current assets (treating the commitment to pay £800k towards Colter as a current liability, which it is) of about £200k. By results time that will be negative yet again. The only question is: Is SG going to try for a placing before Christmas and before disastrous news on Badger and Bungled Mess needs to be released or is he going to risk waiting until the New Year. If he is as smart as you think, the placing is already underway and the large sells this week are people forward selling it. Still better to get a placing away now at 0.5p than in the New Year at 0.2p.
sweet karolina
25/11/2018
11:08
Sean i have also met SG and was equally impressed with him but it was back in the Whitby days who was like an excited child... lets see what happens next..
therealtonythetiger
Chat Pages: 204  203  202  201  200  199  198  197  196  195  194  193  Older
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