Baron Oil Share Discussion Threads

[nlmbidc] 19/3/2017 11:14

We are still the operator aren't we?

[ghostdragon] 18/3/2017 20:04

Only problem there is how many years would it take for us to become operator again.... Another 3 maybe....

[nlmbidc] 18/3/2017 14:48

I agree Hugo. Certainly seems to be a breach of contract.

[hugomaracuya] 17/3/2017 18:20

This would be the ideal opportunity to dump UOG for default, take the block back, and farm it out ourselves. UOG were just a spiv middleman, purporting to be able to fully fund Z34, then it transpired that all they were going to do was re-farm it out themselves and retain a decent cut. Use this default to get shot, before they come up with the money or another excuse, or part payment.

[valentine] 17/3/2017 16:36

You gotta laugh eh? Rudolph is rolling in his grave for sure.

[simon8] 17/3/2017 09:12

Oh dear, it is just one rubbish RNS after another, will we get one later today / Monday saying cash now received - Are UOG that skint that they can't afford $2M, if yes then Z34 drilling just isn't going to happen under UOG; in SPA is there an option to terminate if cash not received - problem after 3 years Boil is pretty much stuck with them so even if they had they probably wouldn't exercise it.

I truly despair of this company

[pembury] 17/3/2017 09:08

This really just about sums the Union 'JV' up
They keep saying how deep their pockets are but they can't even cough up $2m which in the scheme of things here is f all

Boil should give them a firm deadline now

[ghostdragon] 17/3/2017 08:55

Baron Oil PLC (AIM:BOIL) reports that its Peruvian subsidiary, Gold Oil Peru SAC, did not receive the $2 million due from Union Oil & Gas Group (UOGG) by the date specified in the Farm In Agreement. Discussions are underway with UOGG in an attempt to resolve this issue.

Something really is not sitting right now.....

[valentine] 15/3/2017 17:07

Indifference prevails. No change there in a decade then. Plus ca change.

[nlmbidc] 15/3/2017 09:21

We'll miss you Pembury.

[pembury] 15/3/2017 07:53

maybe not but they need to step up and some now. they have had enough time to bring something to the table. end of q1 is decision time!.

[petecb1] 15/3/2017 07:03

I'm not sure this company could survive a second shareholder forced bod change.

[alasdair100new] 14/3/2017 20:24

Find some people to replace the bid

[pembury] 14/3/2017 09:26

yes performance has been woeful for years but fear not the bod still get paid nicely. they won't have to worry about their investment going down the pan because they hold very few shares. no worries at all, golf day today?

end of Q1 fast approaching!

[simon8] 14/3/2017 08:49

drip drip drip down, I am so bored with this company and have no faith in the BoD achieving anything barring opening their pay packets thereby whittling the cash down until there is nil left

[charlie81] 13/3/2017 22:30

Totally amazed that you are happy with the appointments. 81.

[nlmbidc] 13/3/2017 19:59

Charlie81.

Yes, I am happy with the appointments. Because I go to the AGM's I get to meet them face-to-face and can get to know them better and ask any questions that I have.

I would like to see more progress just like everyone else of course, but I believe we are in good hands.

[charlie81] 13/3/2017 00:26

Are you happy with their appointments. 81.

[nlmbidc] 11/3/2017 20:28

I think the big shareholders in the main have supported this company through thick and thin. If they decided to offload their shares the share price would be much lower.
I am grateful that most have stayed put, despite very little news suggesting an up-turn.

[charlie81] 10/3/2017 20:20

pembury, some of the main shareholders make me sick to my core. 81.

[pembury] 10/3/2017 19:39

I have removed my post as clearly nobody gives a toss much like the bod it seems

[petecb1] 10/3/2017 18:29

Butler became CEO on the 27fh June 2016. The Sp was 0.5pence