Cadogan Energy Solutions Share Discussion Threads

[targatarga] 24/12/2015 08:30

I thought the update was rather good. Shame we're at our lows!

[stonefold] 24/11/2015 21:55

CAD included in special permit stop order no. 374




".........In addition, the effect of special permits Gosgeonedr stopped JV "Poltava naftogazovaya Company" (PPC) on Novonikolayevsk, Movchanivskoe, Rudenkivskoe, Ignativskoe oil and gas fields (all - Poltava region.).

Stopped licenses Regal Petroleum on Mehedivsko-Golotovschinskoe Sviridov and oil and gas fields (both - Poltava region.),

JV "Kolomyia oil company" Delta "Sloboda-Rungurskoe oil and gas field (Ivano-Frankivsk region.), Ltd. .........


For most stopped Gosgeonedr licenses granted 30 days to eliminate violations.

[brad44] 06/10/2015 18:43

# cant remember my number, Waveney, quieter the better. still cant work out what is happening here, as long as the momentum is north that's great, still got a bit to go before I break even im afraid, and im not going to average down until there is a much clearer horizon.

good luck and keep shtum!!

[waveneygnome] 06/10/2015 16:46

Is there a prize for the quietest Bulletin Board?

[waveneygnome] 16/9/2015 16:51

Wow......I'm now in the money again....

[brando69] 16/9/2015 15:21

ask is up again. 12.75. they don't want to encourage much activity here.

[brando69] 14/9/2015 16:14

nearing 12 month high

[targatarga] 08/9/2015 15:45

they'll offer 12p and string us along!

[brando69] 08/9/2015 15:42

they can have mine for 25 p

[dazah] 07/9/2015 21:19

Don't be so sure, perhaps a 25p bid may come.

Anyway things seem to be getting better (at least in this article) for Ukraine so sentiment here should help!

[waveneygnome] 07/9/2015 21:10

Yes, but a bid from whom? With so many shares held by the gang of associates.......nothing is going to happen without their say so.

[dazah] 07/9/2015 19:41

We're already cash neutral so it will happen, best time to be in now.

The loss is mainly an accounting one really on account of writedowns in the value of the Ukrainian assets due to the UAH depreciation against the dollar.

Its comforting to see Cadogan getting customers to pay upfront so I can see the trading going from strength to strength.

Any savvy buyer should see this and given were valued less than cash right now, it wouldn't surprise me to see a low ball bid - 20p would do me!

[hopeful holder] 07/9/2015 16:11

Once we see the colour of the cash then we will see how much the trading arm is a game changer or a distraction.

[targatarga] 07/9/2015 11:54

dazah - yep, but will we ever see the benefit?

[dazah] 07/9/2015 09:57

Cardigan MMs slowly marking us up. Wonder how long before market realises that actually the trading side is a real game changer here in the midst of the Ukrainian issues were managing the business well!

[dazah] 02/9/2015 18:12

Yeah me too I was worried the board was broken! No comments regarding the results/report lol!

[waveneygnome] 02/9/2015 17:27

#8 checking in

[dazah] 21/8/2015 12:07

Someone today didn't want to wait for the half year report with the 156k sale!

[dazah] 12/8/2015 12:34

I don't think so! Buying now in time for results...

[targatarga] 12/8/2015 12:16

yesterdays sell?

[dazah] 12/8/2015 11:06

Someone is keen 100k buy full ask :)

[stonefold] 08/8/2015 12:38

Alessandro Benedetti writes to promote investment in Ukraine.



07-08-2015

“………….However, perhaps the biggest opportunity in Ukraine is to invest in the country's huge network of gas storage facilities, which are currently lying half empty.
Natural gas storage involves capturing and keeping gas in tanks and underground reservoirs until it is required. Storing gas ensures that any disruption to supply does not result in the lights going out across Europe. It also means that companies can buy gas when it is cheap (in the summer) and use it when demand is high, reducing the cost for consumers and smoothing price spikes.
Europe needs more storage facilities but is unwilling to invest the tens of billions of euros required to build such facilities locally. Instead, we can help Ukraine to fully utilize its existing storage capacity and, in so doing, provide the country with much needed income and industry.
Ukraine already has the third-largest storage facility system in the world at 32 billion cubic meters, far exceeding that of Germany, the second- largest storage system in Europe. But when Gazprom cut off supplies in January 2009, Ukraine had just two months-worth of storage to meet its needs. Storage reserves were only 51% full at the time.
Fully utilizing Ukraine's existing storage capacity would help Europe to protect itself from supply shortages and power blackouts. Most European countries possess limited storage facilities of their own and some, like the UK, have almost no reserves.
…………..”

“………The solution is simple. The storage facilities in Ukraine are already built and the country has an excellent transport system already in place. If Europe helps Ukraine to reach full storage, the gas can be kept there as a long-term safety net. It can be kept at very low cost for emergencies or to smooth demand spikes. ………….”

“………..Alessandro Benedetti is a based in Geneva and is founding partner of Schwarzfield, a private investment company. He acquired a stake in London-listed Cadogan Petroleum in 2009. Benedetti has a deep knowledge of Ukraine’s energy sector and remains an advisor to Cadogan’s board. “


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“… Adelmo Schenato - Chief Operating Officer:
Mr. Schenato was appointed to the Board as Chief Operating Officer on 25 January 2012. He joined the Company after a 35 year career at Eni S.p.A (“Eni”), the Italian integrated energy business, where he served in senior global and regional positions.
His global roles at Eni included Well Operations Research and Development and Technical Management, and Vice President HSE & Sustainability. His regional roles include General Manager of Tunisia, Gabon and Angola
as well as CEO of Eni’s Italian gas storage company ……..”

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( It would be nice if you could just slap a two-way valve onto some of Cadogan's depleted fields and pump them back into economic life as gas storage facilities. )

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The Ukrainian Government has previously in 2015 spoken of offering 10 to 15 billion cubic meters of the capacity in its underground gas storage to others.

10 billion cubic meters would be a more realistic figure as Ukraine should be storing 20 BcM of gas by mid October to comfortably get through the heating season.

Ukraine has been struggling to get funding to fill the bare minimum of gas it needs for the winter.


So that's available unused storage capacity.
add
Schwarzfield fund - promoting the idea of investing in filling that spare capacity.
add
Cadogan Gas Trading - growing in experience, in the right place and with the right contacts.