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BOIL Baron Oil Plc

0.065
-0.001 (-1.52%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Baron Oil Investors - BOIL

Baron Oil Investors - BOIL

Share Name Share Symbol Market Stock Type
Baron Oil Plc BOIL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.001 -1.52% 0.065 16:35:24
Open Price Low Price High Price Close Price Previous Close
0.065 0.0625 0.0675 0.065 0.066
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 03/4/2024 17:32 by stocktrend2
#Lvcg
- Mostly debt free
- Cashed up for at least 12 months
- Bricklive and reduced op
- Debt converted at 3p .
David buys at 6p (£250k)
Issued £1.7M Convertible loan at 3 p
2 cornerstone
2 signed 1 to sign this week
400m shares.
Interview below

youtube.com
LIVE COMPANY GROUP PLC - Investor Presentation
Posted at 12/3/2024 21:33 by jungmana
Back on the filter you go. I bet you don't have 10% of that amount in your pot that's why you keep trolling.Infact the average UK private investor has less than 50k pounds on stocks and shares.
Posted at 03/2/2024 19:56 by luckyabbeygale
MisterPositive

Posts: 23,282

Price: 0.10

Strong Buy

RE: Top takeover targets - BOIL mentionedToday 13:32
Excellent posts from some Top posters here (VisitTimor, Dougb, Jarv, filthycure) to name a few. Cannot remember other names but you know who you are.

I doubled my Holding here on Friday taking advantage of the temporary drop from end of week Day traders taking profits. So thank you. Looking to double my holding again next week. This price is a gift with recent developments. More news updates due. Timor-Leste Govt after all these years has finally been hit with the realisation that Chuditch needs to come online first and will be before Sunrise. Chuditch will attract Big Majors back to Timor-Leste.

Valuation wise, using Victory £32m that Shell paid, i am happy with £656m (3.29p) for Chuditch 3500bcf at 75% share which has major upside on top. Shell estimates back then were 5000 bcf.

We can also argue that reduction to 60% could be more than offset from increased resource from the additional leads and area not included in the 3500bcf case rising to e.g 10 TCF as a guide. Will have to wait and see.

There is lots going on in the background. We might equally attract BIG MAJOR in coming weeks or months by transferring lets say another 30% or 40% on a completely FREE Carry basis all the way to First Gas.

OR

Incoming BIG MAJOR might just buy out our full 60% working interest (via SundaGas shares BOIL own) for upfront CASH and become Operator.

Chuditch-2 appraisal well is lot more advanced now compared to 2-3 years ago. So any of above scenario can play out. With upfront CASH received, BOIL can buy up new Oil & Gas assets anywhere OR in North Sea OR even increase Dunrobin share to 100% share plus SPECIAL DIVIDEND paid to shareholders from cash received.

2024 is shaping up to be an exhilarating year for BOIL investors after a decade or so. Do NOT sell out on the cheap is what i would say. Lot of upside yet to come. Thursday was just a trailer before the movie starts. GLA, please DYOR. I done mine.

MP
Posted at 24/1/2023 10:20 by hazelst
Why do non-investors worry so much?
Posted at 01/12/2022 13:04 by hope67
Woodside holds 34.5%, national oil company Timor Gap 56.5% and Osaka Gas the remainder. Dili bought Shell and ConocoPhillips stakes in 2018 and 2019, using the sovereign wealth fund it amassed from its gas earnings at the Bayu-Undan field which is now close to the end of its life. 
 
The twin issues have been the cost of a newbuild in a remote part of a developing nation, and geological challenges posed by the Timor Trench, whose seismicity could potentially rupture a pipeline. 
 
"Over the years we've looked at Sunrise many, many different times. We have done technical pipeline studies to understand the feasibility of going across the trench," Woodside CEO Meg O'Neill said at the company's investor briefing day in relation to an analyst question. 
 
"Those studies have alway indicated that with the right will, the right engineering, the right execution plan, that you can execute that scope of work," she said  
 
"The challenge has alway been the economics." 
 
Outwardly it is a remarkable change of opinion, but this year Woodside put Sunrise back on the table after writing its value down to zero during the 2020 oil price doldrums. 
 
The company restarted PSC negotiations with Australia and Timor-Leste and O'Neill has been optimistic on these even as she noted the challenges of a two-nation agreement given Australia's royalty regime is very different. 
 
She noted this in May at the APPEA conference, a month after Nobel Laureate Jose Ramos-Horta was returned as president for a second, though non-consecutive term. 
 
Ramos-Horta, in partnership with former president Xanana Gusmao, has been steadfast and very vocal in his belief the gas field would be developed and on Timor-Leste soil for decades. 
 
That is a non-negotiable. ;
 
The prior government had put Sunrise on the backburner, questioned the huge spend on acquiring ConocoPhillips' and Shell's stakes organised by an out of office but influential Gusmao, and arbitrarily got rid of its most senior and experienced petroleum administrators at state oil company Timor Gap and its petroleum and minerals authority.  
 
These were the men with the best understanding of the maritime boundary with Australia, who were part of the lengthy negotiations. 
 
Willingness by Woodside to re-engage in PSC negotiations with a government that sees local development as a nation building venture could essentially have been tacit acceptance of an eventual greenfield development. 
 
O'Neill confirmed this today. 
 
"The cost of LNG processing capabilities is that you have a longer pipeline (to Darwin) but you just have to build a train and not all the associated green field equipment, which would have to be built in Timor," she said. 
 
"That said, there's been a lot of work over the past several years and things that have been done in the Gulf of Mexico, for example. Look at modular construction."
 
Modular LNG facilities are typically quicker and cheaper to build and can be scaled up more quickly. She noted Commonwealth LNG, which her company signed an offtake agreement with for portfolio gas this year, is developing its plant this way. 
 
"The Timorese are very keen to have that development in the country and we recognise its an important national project and we feel it's important to re-open the concept evaluation to understand the technical challenges," she said. 
 
"The Timorese have a lot of international friends and the international fiends may be willing to help with the infrastructure that doesn;t exist today." 
 
Her predecessor Peter Coleman had previously said he'd see a case for gas-to-Timor but only if Woodside had no equity stake in the plant but rather came on as third party downstream operator, a model he was familiar with during his time in Indonesia with ExxonMobil.  
 
Posted at 15/11/2022 18:09 by supercity
Twitter is rife tonight with people claiming to have thrown their money in to this (one saying 100k)...is it not blatantly obvious to investors that the spike was purely to get the fund raise done.Nothing more, nothing less - and down it will go in the next few weeks.
Posted at 15/11/2022 14:19 by scepticalinvestor
Yet another bargepole microcap which only seems to enrich the BOD. Years upon years of serial disappointment and failure, soaking up these thick punters, ahem, investors hopes and dreams like an infection.
Posted at 26/10/2022 22:41 by alasdair100new
One of the first times I've been sold of the promised land in quite a while. Hopefully new base formed and will tick up over next few days dramatically then a few days of fall. End up 20% up once it all settles. A long way to go, but I might be actually starting to believe again. I've got friends who bought at between 2-3p and are unlikely to ever see their money returned, but if it can get close in 2-3 years then it's a welcome return to something they have totally written off. I'd assume we have a nice new base of investors too. People follow the money and the trends. Boil has been on the up for a couple of weeks. Very enticing. Onward and upwards!
Posted at 26/10/2022 22:15 by hope67
Ha ha few forward selling shorters from Allenby here 27% short on Etx that is going to hurt tomorrow, one of the best presentations Baron has given, institutional investors watching 500 dialed in. Great Q and A session too.
Posted at 24/10/2022 13:37 by petersmith6
More like real investors have been running the numbers and have calculated to value of the assets in the ground.

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