Baron Oil Share Discussion Threads

[tomboyb] 19/2/2018 11:01

yep i've taken a few this morning -

Let's see where this goes -

[euclid5] 19/2/2018 10:56

sorry I missed that, calculated a NPV value for them based on 15%

250m P50 x 30% RF = 75mmbls x 15% = 11.25mmbls net to BOIL x $11 boe = £88m / 1.376B shs = 6p

[phoebusav] 19/2/2018 10:47

Euclid, it says in the RNS, '...the Company would pay 20% of the well costs (£840,000), plus £6,500 in back costs, to earn a 15% interest in the licence'.

[uen_investor2] 19/2/2018 10:34

Dont miss UEN, no more than 5,000 shares avaliable online.. They are already asking the full amount again to be filled

At 13m quid its hard to see a downside.

3 - 4 million shares available to the market. This on its own means there is very little available for large chunks. No warrants, no dilution

This will keep rising,

Here is why.

This ticks every box:
Excellent revenue.
Rejected takeover at 250p per share
Debt wiped shortly
Dividend. (5p per share paid in November)
Proved reserves.
2200 bopd production.
Bod have plenty of skin in the game.
Cpr due.
Drilling underway on high cos prospect.
Very small free float of shares.
Few shares in issue.
Well underpinned at a mcap far exceeding what we're currently at.
Exponential upside.
Not on the radar....YET!
Fabulous entry point
Own their own refinery - 30 million US conservative valuation on its own
UEN oil sold at a PREMIUM to brent


Worth reading this over and over again..

hxxp://www.uralsenergy.com/archive/presentations/Urals_Inv_Presentation_20_11_2017.pdf?v=231117

Urals remains one of the highest ranked E&P companies (4th) on the AIM market by 2P Reserves
Russian 2P Reserves volumes dominate the AIM E&P sector and continue to trade at a significant discount
to the market average
Urals generates more operating cash flow per barrel produced than its AIM listed peers
Urals 2P Reserves trade at a discount to the market and its regional Russian and FSU peer groups
Urals have continued to outperform its Russian peer group during 2017

[euclid5] 19/2/2018 10:27

They have not said what % working interest they have bought into

[pembury] 19/2/2018 10:13

No doubt the Directors will be buying a load of shares now!

[phoebusav] 19/2/2018 10:00

Indeed. This is now a fantastic buying opportunity. With share price essentially just over cash per share, you are effectively getting exposure to a 250 MMBOE UK based well drilling this year for free. Dowside here is very little and upside is excellent. Any buying around these levels will look like a masterstroke before long. 'BEEP! This vehicle is reversing!'

[nicosevos] 19/2/2018 09:09

I've been following the BB for years, and that's the
first bit of good news in a long time....Congrats to all
seriously long term holders, well done!
Edit,
And a post from moosley, woooooow

[alasdair100new] 19/2/2018 08:57

Chin up pal

[moosley] 19/2/2018 08:48

Be careful guys bill will say anything to keep his job!

[2admiral] 19/2/2018 08:34

Very low given the cash position, Sundagas deal is due and looks like they have a partner in the pipeline for block 21.

Portfolio looking half decent.

[the guardian] 19/2/2018 08:16

Congratulations my friends. You all deserve today's rise. You've waited long enough.

[tomboyb] 19/2/2018 08:08

In for a few at these levels -

Good luck -

[pembury] 19/2/2018 08:06

still got that to come potentially gas find!

[squibno1] 19/2/2018 08:03

and it was thought all our hopes were on the nephew!

[2admiral] 19/2/2018 07:55

Excellent news.
Over 2000bopd next field!.

[tommo41] 19/2/2018 07:51

Good news at last. And I've just received a very courteous e-mail from Mr Butler explaining that this morning's news is the reason he couldn't reply to me earlier and stating that he hopes the news offers some comfort that the company is now moving forward. Fair play to him.

[pembury] 19/2/2018 07:46

Lybster Oil field

[cinques] 19/2/2018 07:34

I don't hold here but this will do very well today. Enjoy the ride!

[joetricky] 19/2/2018 07:20

No need to contact. News out boys and it's good.

[nlmbidc] 15/2/2018 09:54

We have a great opportunity with BOIL at the moment if the board make the right decisions.

We now have the funds to drill XX1 if the board believe in it enough. Gas production likely from XX1 - oil maybe only 25% chance.

Invest into another business - O&G or something completely different (as long as it makes money). We could invest in one or two companies.

Third - our long awaited Sundagas prospect.

Get all three of these progressing over the next 3-4 months and this share could become very intertesting again.

We have the cash. We just need the right choices.

[pembury] 15/2/2018 09:40

Not impressed the board haven't taken shares instead of salaries over the last six non eventful months! Even at that this would mean paying them for the previous 18 non event months also.

What has been done in the last two years, the share price gives you your answer.

Easy money.