Baron Oil Share Discussion Threads

[droftarts] 15/3/2018 09:08

This will eventually come good. I've waited too long for it not to!

[pembury] 15/3/2018 08:34

buyers flooding in after the presentation lol
director buys wouldn't go a miss!

Colter drill Q2/3

[nlmbidc] 14/3/2018 10:17

More excellent than ever before because this time they are all being drilled.

[phoebusav] 14/3/2018 10:05

Yes, it does look like El Barco-3X could be the first drill. That's excellent news. It's a shame they only provided the gas case figures of 20 BCF or 4.17 MMBOE. In the 2016-11-30 RNS based on gas in the upper interval and oil in the lower interval the P50 figure for the well is 8.2 MMBOE. Either way BOIL has a tiny market cap, lots of cash and is fully funded for 3 wells in 2018 targeting somewhere between 14.0 and 16.0 MMBOE net recoverable. That's an excellent position to be in.

[phoebusav] 14/3/2018 09:50

Rather than just change a couple of paragraphs on the front page, I suggest they bin the current site entirely and build a new one from scratch. The current one does nothing for the company except put investors off IMO. It would be simple and cheap to implement as it is esentially just text and pictures with little if any custom coding. A few quid spent on a professional and informative website would improve BOIL's image no end and help attract new investors at this key point in the company's turnaround.

[nlmbidc] 14/3/2018 09:43

Looks like the XX1 block could be drilled first.

Mid 2018.

[joetricky] 14/3/2018 09:39

That's a good presentation. It's long overdue and lays out our cards on the right tables. Let's hope it brings new investment.

[nlmbidc] 14/3/2018 09:21

Phoebusav.

Website is now updated.

[phoebusav] 14/3/2018 08:59

Thanks Pete. You're a star.

[phoebusav] 14/3/2018 08:49

To be honest, it's time they updated up the website, made the content more relevant and gave the company a more professional image. The current site is one of the shoddiest I've seen on AIM. It doesn't even work properly on some browsers. Given the company is reinventing itself operationally and should be aiming to attract a lot of new investors with the upcoming newsflow, this is the appropriate time for them to do so. A couple of grand very well spent. Get on with it BOD.

[phoebusav] 14/3/2018 08:42

nlmbidc, you must have better eyes than me. I can't see it on any of the pages. Do you have a direct link?

[nlmbidc] 14/3/2018 08:18

Its on there, but not on the front page.

[petecb1] 14/3/2018 07:51

Looks like the website has been updated a bit. Can't find the presentation though. Anyone got a link?

[pembury] 08/3/2018 08:23

yep both listed co's moving north while back at boil the usual drip feed of bored sellers off loading a few pence at 0.4p before the busiest drilling campaign year in the companys history commences.

all fully funded for 3-4 wells.

[1bluehorseshoe] 07/3/2018 14:38

From RBD BBHere are my calculations as to who owns (or will own) bits of the Colter and Wick licenses.Colter:Originally Corallian 60% , Corfe 40%Corallian farmed out 20% to UOG and 5% to BOIL BUT will up stake to 50% by buying 15% off Corfe leaving:Corallian 50%Corfe 25%UOG 20%BOIL 5%Wick:Corallian 40%UPL 40%BOIL 15%Corfe 5%

[pembury] 07/3/2018 07:09

presentation next week so will know more about the new assets and expect update on SG situation although they did say H1.

XX1 farmout should be soon too!.

[1bluehorseshoe] 06/3/2018 23:10

Gary Cohn is available

[pembury] 06/3/2018 18:46

new director may well buy a few!
boil will at last have a busy year operationally!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[1bluehorseshoe] 06/3/2018 16:33

There is no them it's Malcolm and a retiring FD. Looking forward to fresh blood, like me on this BB!

[nlmbidc] 06/3/2018 13:08

Farm-in partner for el-barco in Peru block XX1 is hopefully going to be announced soon.

Hopefully the SE Asia option will progress soon as well.

[1bluehorseshoe] 06/3/2018 12:34

AIM is littered with disgruntled LTH that's the nature of the beast. It doesn't mean they can't turn things around. Looking forward to a new Director appointment to see where we're going and at what speed.Remember all these drills are fully funded, expecting to be a producer by Q4. As you guys say we will see.

[aktied] 06/3/2018 11:26

Tommo14

Not defending the board in any way think they have been poor,the options were issued at 0.0035 on 7th July 2017 closing price that day was 0.0035 so no discount.The late
Chairman & CEO Rudolf Berends bought shares in the company ( Gold Oil) at 1.85 and bought 33 million in a placing at 0.75 when he died his holding was 40 million.Don't get carried away with directors Holdings.Stocks react to results and profits let's just wait and see.