Cadogan Energy Solutions Share Discussion Threads

[targatarga] 13/2/2024 13:38

Imho They're good value at this price for Fhady. Not sure if there's any value for anyone else.

[brumbrum79] 12/2/2024 08:53

...Thanks to 'Welcome Bonus' of 5.500.000 Cad shares for nothing... Shares will be always undervalued.

[itsriskythat] 12/2/2024 07:44

Fady is sending a signal the shares are undervalued. What does he think is a fair price?

[targatarga] 08/2/2024 16:55

Only inching up on Fhady's buys in my opinion

[russman] 08/2/2024 06:36

SP is inching up from its abyss

[targatarga] 07/2/2024 08:39

Are there any weak holders left?

[itsriskythat] 07/2/2024 07:29

Fady trying to put the price up. Long awaited Blazhiv reserves report to be reported along with Cadogan annual results in April.

[brumbrum79] 06/2/2024 21:42

Пов;ідl6;мл 77;нн
103; про; нам;ір отр;имk2;ти доз;віl3; на вик;идl0; ТЗО;В “ЮС;ЕНi0;О НАД;РА̶1;
Пов;ідl6;мл 77;нн
103; про; нам;ір отр;имk2;ти доз;віl3; на вик;идl0; ТЗО;В “ЮС;ЕНi0;О НАД;РА̶1; (свk7;рд 83;ов
080;на №1 – Бла;жіk4; 82082, Льв;івl9;ьк 72; обл;., Ста;роl9;ам 73;ір
089;ький р-н, с. Коб;ло)

05 Лют;огl6; 2024, 15:27

Пов;ідl6;мл 77;нн
103; про; нам;ір отр;имk2;ти доз;віl3; на вик;идl0; ТЗО;В “ЮС;ЕНi0;О НАД;РА̶1;
Пов;ідl6;мл 77;нн
103; про; нам;ір отр;имk2;ти доз;віl3; на вик;идl0; ТЗО;В “ЮС;ЕНi0;О НАД;РА̶1; (свk7;рд 83;ов
080;на №3-Б 83;аж
110;в 82082, Льв;івl9;ьк 72; обл;., Ста;роl9;ам 73;ір
089;ький р-н, с. Коб;ло)

05 Лют;огl6; 2024, 15:24

Notice of intent to obtain a permit for emissions from YUSENKO NADRA LLP
Notice of intent to obtain a permit for emissions from YUSENKO NADRA LLP (well No. 1 - Blazhiv 82082, Lviv Region, Starosambir District, Koblo Village)

05 February 2024, 15:27

Notice of intent to obtain a permit for emissions from YUSENKO NADRA LLP
Notice of intention to obtain a permit for emissions from YUSENKO NADRA LLC (well No. 3-Blazhiv 82082, Lviv region, Starosambir district, Koblo village)

05 February 2024, 15:24

hxxps://mepr.gov.ua/povidomlennya-pro-namir-otrymaty-dozvil-na-vykydy-tzov-yusenko-nadra-2/

hxxps://mepr.gov.ua/povidomlennya-pro-namir-otrymaty-dozvil-na-vykydy-tzov-yusenko-nadra/

[itsriskythat] 31/1/2024 13:55

So Fady buys more after the operations update. Also expecting him to buy more shares again after the full year results if he repeats his previous purchases.

Fady also might in future get a Proger bonus in shares converting 2.5% of money recovered from Proger (with a minimum conversion price of 3p). He might end up with a significant shareholding of about 10%.

Slow progress but moving in the right direction this year.

[russman] 31/1/2024 06:30

dont think Fady is going to get a bonus this year.

[brumbrum79] 29/1/2024 08:14

Cad's Crude Oil Production:
1H2023 ->298 Bpd -> 181 days -> 53938 bbls
FY2023 ->326,18 Bpd -> 365 days -> 119057 bbls
2H2023 -> total Crude Oil production 65119 -> 184 days -> 353,907 Bpd

I'm really curious to see and read new CPR...
'In the second half 2023, the Company launched a new assessment, by an independent expert, of hydrocarbon reserves according to PRMS standards. This assessment is expected to be completed by the end of February 2024. The results will be presented in the Annual Financial Report 2023.'

[brumbrum79] 29/1/2024 07:53

...
'Cadogan introduced an appeal, still pending, before the Court of Appeal of Rome with a next hearing on 25 September 2025.'

'Last November 2023, Cadogan had to initiate a second arbitration to assert its right to restitution and obtain Proger's condemnation of the consequent payment.

The parties are awaiting the nomination of the members of the Arbitration Board.'
...

How much does it cost these appeals?
Based on my informations no less than 600.000/800.000 euro.
Cad is losing time (see first new appeal next hearing date... on 25 september 2025.. 20 months from today) and money (arbitration process costs + fee to legal consultant).

Last but not least, as well as in the last 4 years no mention about new business idea and investment opportunity outside of ukraine from management board.
Cad has more than 10Ml$ of cash.. But Management will use that cash to pay arbitration process costs and fees

Thanks to fady and management board. The be(_)st ceo and management board of the world.
Sometimes it's better to find an alternative solution.

Next Agm I will vote against all resolutions proposed by this management.
It's time to change.
It's time to create value... until now this board achieved "great results" (at least -50% of Cad's share value from november 2019). Thanks a lot for this wonderful performance!

[brumbrum79] 26/1/2024 12:56

Imho, it would be better to sign a new investment agreement with Proger.
...
IMPACT INVESTING
Proger Obtains an ESG Linked Loan of 8 Million from Crédit Agricole Italia

Proger operates in the engineering-architectural design sector aimed at the creation of civil and industrial construction works. The company, of which Cadogan Petroleum Holdings bv (38.52%), CEO Marco Lombardi (17.72%) and Umberto Sgambati (17.72%) are beneficial owners, closed 2022 with 69 million euros of revenues, 14.9 million of Ebitda and 31 million of net financial debt, compared to a net equity of 69.9 million.
...

ByeBye

[itsriskythat] 26/1/2024 11:20

Proger is in good healthhTTps://born2invest.com/articles/proger-esg-linked-loan-credit-agricole

[itsriskythat] 21/1/2024 19:43

Thanks for that information. Nothing has been reported recently to say what the modelling achieved. How long does it take?

[brumbrum79] 21/1/2024 18:06

Directly taken from Cad half-year report 2019 (ref. Page 3 Operations) published on late august 2019:

'Lastly, a third party was engaged to prepare an independent Competent Person’s Report (CPR) on the
Company’s reserves and resources, which is expected to be delivered in the second half of the year.'

CPR never published by Cadogan (meeus') management...

Directly taken from Cad annual report 2022:
'For the purpose of geological construction precision of Blazhiv oil field and Monastyretska fold and also
identification of new perspective
structures within the license area
boundary,
Cadogan launched analyses for data reprocessing and reinterpretation of old 2D seismic data at the end of 2021. The Company completed studies and received the required data for field skeleton structural and tectonic modelling.'

Also for this only silence from Cad (meuus') management.

[itsriskythat] 21/1/2024 17:24

Interesting. Nice slow decline production from Blazhiv. Do you remember if Cadogan were working on an updated reserves report for Blazhiv?

[brumbrum79] 21/1/2024 16:42

I share this.

Updated November 12, 2023
Oil & gas field profile: Blazhivska (Monastyretske) Conventional Oil Field, Ukraine

hxxps://www.offshore-technology.com/marketdata/oil-gas-field-profile-blazhivska-monastyretske-conventional-oil-field-ukraine/?cf-view&cf-closed

[brumbrum79] 19/1/2024 23:55

Proger goes on...

18.01.2024
Partnership with NW for the development of a 1 GW storage network in Italy

18.01.2024
Partnership with NW for the development of a 1 GW storage network in Italy

Proger has signed a partnership agreement with the French company NW, an independent operator in the green energy sector that produces decentralised storage units, renewable energy production plants and high-performance electric charging stations. The agreement provides for the development in Italy of a network of JBox® electrical energy storage units, patented and manufactured by NW, with a total capacity of approximately 1 GW.

“We are very pleased and confident about the agreement signed today in Paris with NW, a young and dynamic company, but at the same time well established with a storage network already connected for more than 500 MW“, commented CEO Marco Lombardi: “For us, it represents a new step in the path of sustainable transition that our company has been following for several years: we believe that distributed storage solutions will increasingly become an essential element for dispatching services aimed at increasing the solidity and stability of the national grid, an essential condition for the unstoppable green transition process“.

Link:
hxxps://www.proger.it/en/partnership-con-nw-per-lo-sviluppo-di-una-rete-di-storage-da-1-gw/

hxxps://www.nw-groupe.com/en/
...

Next Agm I will vote against all resolutions proposed by Cad's management board because these people are ridiculous.
The most ridiculous is mr. Meeus and his requisition letter of november 2019 (Cad share price 5.0 Gbx)...
...'Continuous underperformance of the Company'...
Meeus' management team achieved a super performance (at least -65%) from november 2019 to now...
Share price collapsed to 1.5-1.75 Gbx.
Great job "twins & clowns".

[brumbrum79] 17/1/2024 19:53

ДЕП;АРi8;АМ 45;НТ ЕКО;ЛОh3;ІЇ ТА ПРИ;РОh4;НИ 61; РЕС;УРi7;ІВ
ЛЬВ;ІВi7;ЬК 54;Ї ОБЛ;АСi3;ОЇ ДЕР;ЖАh2;НО 31; АДМ;ІНg0;СТ 56;АЦ
030;Ї

Нов;инl0;
Ви тут;:Го 83;ов
085;а/Повідом;леl5;ня про; нам;ір отр;имk2;ти доз;віl3; на вик;идl0;/По
074;ідомлення про; нам;ірl0;
Пов;ідl6;мл 77;нн
103; про; нам;ірl0;
8 Січ;ня, 2024/0 Від;гуl2;ів/
086;публіковано; в Пов;ідl6;мл 77;нн
103; про; нам;ір отр;имk2;ти доз;віl3; на вик;идl0; /опm1;бл10;ку
074;ав Деп;арm0;ам 77;нт еко;лоk5;ії та при;роk6;ни 93; рес;урl9;ів
ТзО;В “ЮС;ЕНi0;О-Н
040;ДРА” пов;ідl6;мл03;є про; нам;ірl0; отр;имk2;ти доз;віl3; на вик;идl0;

DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES
Lviv REGIONAL STATE ADMINISTRATION

News
You are here:Main/Notification of intent to obtain an emission permit/Notice of Intent
Notice of Intent
January 8, 2024/ 0 Reviews / published in Notice of intent to obtain emission permit / published by the Department of Ecology and Natural Resources

"YUSENKO-NADRA" LLC announces its intention to obtain a permit for emissions

Link:
hxxps://deplv.gov.ua/2024/01/08/povidomlennya-pro-namiry-390/

[brumbrum79] 09/1/2024 21:22

Astro-energy Llc (ukraine - cadogan group), engaged in the natural gas trading activities, required VAT refund for 1.283.333 Uah (usd/uah exchange rate = 38.14 -> Usd 33.647) on 19 december 2023.
Link info:
hxxps://mof.gov.ua/en/vat-refund/results?vat%5Bkod_pdv%5D=&vat%5Btin%5D=&;vat%5Bname%5D=&vat%5Bn_reg%5D=9345459854&vat%5Bd_get%5D=


I wish Cad didn't lose money with NG trading activities but I'm not so confident.

ByeBye

PS
I searched a little better.
Astro-energy llc required four VAT refund in the 2023 -> May/August/October/December.
Uah 335.040/2.925.000/600.000/1.283.333
Total VAT Uah 5.143.373 (maybe Usd 135.000-140.000).

hxxps://mof.gov.ua/en/vat-refund/results?vat%5Bkod_pdv%5D=&vat%5Btin%5D=&;vat%5Bname%5D=%D0%A2%D0%9E%D0%92+%22%D0%90%D0%A1%D0%A2%D0%A0%D0%9E%D0%86%D0%9D%D0%92%D0%95%D0%A1%D0%A2-%D0%95%D0%9D%D0%95%D0%A0%D0%94%D0%96%D0%86%22&vat%5Bn_reg%5D=&vat%5Bd_get%5D=

[brumbrum79] 01/1/2024 15:03

Happy New Year to Cad's Shareholders!

New Year.. New chairman.. but same board management.

ByeBye

[brumbrum79] 30/12/2023 20:38

Slowly, something is moving on Blazhiv Oil field.
hxxps://eia.menr.gov.ua/en/case/id-10809

Registration case number
202362110809
Publication date
23 June 2023
Name of Company
LLC "Yusenko Nadra"
Status
Published

Case name:
Arrangement of the Blazhivskoye field

Description of the planned activity:
Arrangement of the Blazhiv field, the construction of a production collection point near the 10-Blazhiv well and the connection of the 3-Blazhiv well to the oil collection point (NPP) of the Blazhiv field are planned.

New documents update on 22 december 2023

[thordon] 25/12/2023 19:06

Merry Christmas , a really good gift that Cad except Progers shares and add value here.

[itsriskythat] 25/12/2023 15:31

Thanks for your kind gesture of Christmas greetings and your posts over the year. Have a good time at Christmas yourself. Let's all start next year with the hope that 2024 be a far better year for your country and for the company. Itsriskythat.