Share Name Share Symbol Market Type Share ISIN Share Description
Clontarf LSE:CLON London Ordinary Share GB00B09WLX62 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.435p 0.42p 0.45p 0.435p 0.435p 0.435p 2,234,992 07:50:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.2 -0.0 - 2.53

Clontarf Share Discussion Threads

Showing 10101 to 10123 of 10125 messages
Chat Pages: 405  404  403  402  401  400  399  398  397  396  395  394  Older
DateSubjectAuthorDiscuss
19/9/2017
16:06
Fenner66 you will regret all the words you have said you will cry when they will receive ratification and full steam ahead John Teeling I have full faith in. You and your co..... I don't.
lordz
19/9/2017
15:52
You dont start a quote with "holds a block" and end the same with they haven't actually got it! Its more fiction - if they EVER get the block ratified - it will NOT be the block they thought they had bought. No matter what - they have no experience of deep water drilling
fenners66
19/9/2017
15:49
GhanaIraqGHANANEW OIL PROVINCEGhana is a world hot spot for oil development.  Clontarf holds a 60% interest in a licence agreement over a very prospective onshore/offshore block.  The 1,532 km2 Tano 2A Block is held by a private Ghanaian company, owned 60% by Clontarf Energy, 30% by Petrel, and 10% by local Ghanaian interests.  Pan Andean and the Ghana National Petroleum Corporation (GNPC) executed a valid agreement in 2008 in respect of exploration of the Tano 2A area;A revised Petroleum Agreement was signed between the parties and the Ghana National Petroleum Company (GNPC) in March 2010;Pan Andean, following protracted negotiations with the GNPC instituted a suit in March 2014 seeking for the reliefs thereon;Based on the good faith shown by the Ministry of Energy and Petroleum to amicably settle the matter out of court, Pan Andean moved to discontinue the matter in July 2014;The amended area for exploration and production rights for the Tano 2A Petroleum Agreement for the block are set out as below. We now await the Ministry to implement the agreed settlement and process the same expeditiously.We await parliamentary ratification.GREAT LOCATION?Click on map to enlargeTano onshore oil seepages have been recorded for a century.  An initial concern was that these seepages might relate to a different source rock to that of the nearby discoveries.  Petrel's technical team has long believed that both the oil seepages as well as most of the discovered oil originated in the same source rock, deep out to sea.Industry exploration data released during 2012 support the Company's view that the extensive oil shows and seeps on the Tano shoreline are sourced from the prolific Cenomanian-Turonian sequences of the deeper Tano Basin, which also charged the huge producing Jubilee Field. The possible migration of this oil across the Tano shelf presents opportunities for traps within both the deeper offshore and the shallow marine-onshore sections.FISCAL TERMS IN GHANA ARE COMPETITIVEThe overall state take is very reasonable at around 50% in comparison to many African oil producing countries. Royalty on oil and gas are 12.5% and 10%, with an initial carried interest of 10% for the GNPC (State Oil  Company). A further 15% can added through paying and income tax is approximately 35%.The initial work programme is for three years from ratification, with a minimum work programme of $25 million. Further extensions can be obtained on the initial three year programme.?GHANA: 1ST PHASE SEISMIC WORK COMPLETEDWhile awaiting confirmation of ratification Petrel has pushed ahead with its programme by investing approximately $1 m in:Purchase of available well reports & seismic dataAnalysis of extensive geological data: summary report.Interpretation of all available seismic data on the licence: geophysical reportAnalysis of structural & stratigraphic trap leads identified on the seismic: report completedThe work has highlighted a number of high potential target areas.Ghana - Tano Basin AGM Presentation (PPT - 9MB)?Tano Basin Plays: Deep offshore kitchen and migration up-dipClick map to enlargeGoing forward we await ratification of the amended Petroleum Agreement by Cabinet and Parliament, in accordance with law. Once this process is complete the company will go to seismic re-processing, collection and analysis of oil seeps and planning seismic survey. A seismic acquisition programme and processing  will commence followed by interpretation and identifying drill targets. Once the drill targets are identified we can then move to drilling.
lordz
19/9/2017
15:47
" Clontarf holds a 60% interest " - no Clontarf is in dispute with the Ghana govt as to whether they can ratify their claim to a block , any block they are dumped with offshore Ghana.
fenners66
19/9/2017
15:14
http://www.petrelresources.com/operations/ghanaGHANANEW OIL PROVINCEGhana is a world hot spot for oil development. Clontarf holds a 60% interest in a licence agreement over a very prospective onshore/offshore block. The 1,532 km2 Tano 2A Block is held by a private Ghanaian company, owned 60% by Clontarf Energy, 30% by Petrel, and 10% by local Ghanaian interests. Pan Andean and the Ghana National Petroleum Corporation (GNPC) executed a valid agreement in 2008 in respect of exploration of the Tano 2A area;A revised Petroleum Agreement was signed between the parties and the Ghana National Petroleum Company (GNPC) in March 2010;Pan Andean, following protracted negotiations with the GNPC instituted a suit in March 2014 seeking for the reliefs thereon;Based on the good faith shown by the Ministry of Energy and Petroleum to amicably settle the matter out of court, Pan Andean moved to discontinue the matter in July 2014;The amended area for exploration and production rights for the Tano 2A Petroleum Agreement for the block are set out as below. We now await the Ministry to implement the agreed settlement and process the same expeditiously.We await parliamentary ratification.GREAT LOCATIONClick on map to enlargeTano onshore oil seepages have been recorded for a century. An initial concern was that these seepages might relate to a different source rock to that of the nearby discoveries. Petrel's technical team has long believed that both the oil seepages as well as most of the discovered oil originated in the same source rock, deep out to sea.Industry exploration data released during 2012 support the Company's view that the extensive oil shows and seeps on the Tano shoreline are sourced from the prolific Cenomanian-Turonian sequences of the deeper Tano Basin, which also charged the huge producing Jubilee Field. The possible migration of this oil across the Tano shelf presents opportunities for traps within both the deeper offshore and the shallow marine-onshore sections.FISCAL TERMS IN GHANA ARE COMPETITIVEThe overall state take is very reasonable at around 50% in comparison to many African oil producing countries. Royalty on oil and gas are 12.5% and 10%, with an initial carried interest of 10% for the GNPC (State Oil Company). A further 15% can added through paying and income tax is approximately 35%.The initial work programme is for three years from ratification, with a minimum work programme of $25 million. Further extensions can be obtained on the initial three year programme.
lordz
13/9/2017
10:42
2 out of 4 down by about 99% the other two just a disaster
fenners66
13/9/2017
10:13
BOD and CON doing well just PET and CLON to go.
lordz
13/9/2017
10:10
A raw deal
lordz
13/9/2017
09:58
Can you smell what it is yet ...
lippe
12/9/2017
16:54
Only a few more Weeks to load up, let's see if the ratification if rectified lol .
lordz
12/9/2017
16:32
Oops Upside Your Head, bring the lolz beat back ...
lippe
12/9/2017
16:31
News out soon or this has sunk hard. No news until late October, dem Itchies are on their summer lolz recess ...
lippe
12/9/2017
16:02
Still waiting for news on block #18 off equatorial gueniea. News said to be out shortly.
lordz
12/9/2017
15:23
News out soon or this has sunk hard
lordz
12/9/2017
13:07
Its no link to clontarfs block 183 and 188
lordz
12/9/2017
13:02
Baron Oil has terminated a farm-in agreement (FIA) with Union Oil & Gas Group (UOGG) for a working interest share in Block Z-34 offshore Peru. Baron said on Monday that the company took back its full 50 percent as a result of the termination. The initial FIA was supposed to increase UOGG's stake to 80 percent.Baron explained that, after several months of discussion and negotiations, it decided to pursue no legal action to wind up UOGG in the British Virgin Islands, since the corporate structure there has no financial assets held in the company.To remind, UOGG failed to meet its financial obligations for the farm-in following the approval of the public deed in February 2017. That meant that completion of the farm-in did not take place under the terms of the agreement.In turn, a termination agreement has been agreed between Baron and UOGG with effect from September 8, 2017.One of the reasons for not pursuing legal action pointed out by Baron was the fact that it would negatively impact the status of the contract license for the block. Since there is a short time frame remaining on the contract, Baron saw it as essential to resolve matters with UOGG in a way which enabled the company to play a full part in ongoing operations.The contract operating agreement between the two companies was terminated at the end of April, and no funds have been received by Baron from UOGG since then.As the companies agreed to the termination agreement, UOGG has no liability to pay the $2 million that should have been paid on completion. The net cash effect of this on Baron, taking into account local taxes and other costs that would have been payable is a $1.16 million net loss to the company's projected cash reserves.Costs incurred under the FIA from April to August 2017 will still be due from UOGG but, as from September 8, all costs on Z-34 will be shared 50:50 between Baron and Plectrum Petroleum Succursal del Peru (a wholly-owned subsidiary of UOGG).Baron and UOGG will together take steps to reverse the effect of the public deed executed in February 2017, the company added.Bill Colvin, chairman of Baron, said: "UOGG's failure to abide by the terms of the FIA was extremely disappointing, placing Baron in a very difficult position, and the termination agreement is not the best financial outcome for Baron."Colvin also added that to take any other route would be likely to destroy all remaining value in Block Z-34 and the company would still be highly unlikely to recover any funds that would have been due to the company under the FIA."In addition, Baron faced the possibility of a 32% tax charge in Peru whether or not UOGG paid the US$2 million."At this critical stage in operations on the block, it is essential that the partners work as closely together as possible on the farm-out negotiations and try to preserve the value of the block."According to Baron's estimates, the block holds a total of 885 million barrels of oil recoverable, 413 of which are estimated to be in the Cuy prospect.From above link.
lordz
12/9/2017
13:01
http://www.offshoreenergytoday.com
lordz
12/9/2017
12:49
nearly 3 months now... time for an update on all that progress? "Highlights of Comments Made at the AGM of Clontarf Energy, London, 21(st) June 2017 -- Progress has been made in Ghana, over the past year, as updated by RNS dated 8(th) June, where Clontarf holds a 60% interest in the Tano 2A concession. There is a resolve on both sides to reach a conclusion. Discussions are ongoing. -- Advances have been made in Peru where Clontarf holds a 3% revenue royalty on offshore Block 183. Union Oil, the block operator, is working through the environmental permits and other issues required prior to a drilling decision. The area has seen discoveries in recent times while there is a deficit in energy supplies to local cities. -- The recent award of Block 18 offshore Equatorial Guinea offers an entry into the rapidly evolving offshore West Africa oil province. Detailed discussions on terms will begin shortly. -- The directors have ongoing discussions with parties interested in bringing projects and finance to Clontarf Energy."
currypasty
12/9/2017
12:29
Look at BOD its climbing on finds could move when he had De Beers AFD.
lordz
12/9/2017
09:51
PIPPI the LOOOOSA ?
emilio
11/9/2017
17:42
That's a classic Oops Upside Your Head formation ...
lippe
09/9/2017
09:33
HNR - TWO wells successfully drilled with abundant oil and gas in samples extracted! Fracking and FIRST OIL next month! Don't miss this train!
happyholder123
08/9/2017
15:46
Come on Teeling you've taken CONnemara to the moon now take CLONtarf to the moon and beyond.
lordz
Chat Pages: 405  404  403  402  401  400  399  398  397  396  395  394  Older
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