Clontarf Energy Share Discussion Threads

[janestone] 08/6/2017 13:07

I do ok. I don't ramp or deramp. I was in before the news. I make good money after reading a psychology report on traders. It said that the people who make good money are the ones that run their profits and cut their losses.

The general mistake traders make is that they want to confirm their wins and they sell too soon. Or they ignore their losses, thinking they'll come good, as they don't want the negativity of booking a loss.

I'm running some of my profits as I think this will multiply.

[fenners66] 08/6/2017 11:32

IF !
Did any of you apologists read the EG awards process?

It has still to be negotiated , signed and ratified.

RATIFIED by another authority - does that remind you of anything?

How about Ghana - 9 years and still not ratified....

How old is Teeling (for instance ) going to be if this one takes 9 years ?
Or any of you apologists for that matter?

Could not happen here ?

Well its happened nearly everywhere they have been.......

My advice find some real investment opportunity and ramp that if you guys had put as much effort into find real investments maybe you would have sold one after making 42000 % gain too!

[janestone] 08/6/2017 11:17

Fenner you sad toad... what do you value EG licence at? What would you value Ghana at... if they complete the deal?

[fenners66] 08/6/2017 10:37

If you stick a pin in the share pages of the financial times - anywhere - I guess there would be about 99.9% chance of finding a better investment over the last 10 years,

NEWS - other companies are available - with SALES and PROFITS and DIVIDENDS.........

[fenners66] 08/6/2017 10:35

Dustination more like

[fenners66] 08/6/2017 10:33

Elmfield
"Great news today, this will transform the company!"

Yes, probably,

from one with 581million shares in issue to one with a 1000million shares in issue and still worth about £4 million

I'm sure you get it.
In order to raise capital one needs a good story, when one story turns to dust , get another, it could happen to any company...... but over and over and over again.....hang on that would be too much to ask.... answer ?

Make lots of companies - then no one will realise we have failed to deliver so many times!

Well news is out we have realised !

FAIL FAIL FAIL rince and repeat

[elmfield] 08/6/2017 09:19

See lippe gone to capital letters!
Lol!
In this case it is about the destination not the journey!

[elmfield] 08/6/2017 09:19

Everyone gets a chance!

[ragewarrior] 08/6/2017 08:46

Ok Shouty...

[lippe] 08/6/2017 08:32

CUT YOUR LOSSES!...LOOK AT THE TRACK RECORD OF TEELINGS COMPANIES....THE ONLY PEOPLE WHO HAVE MADE MONEY ARE THE DIRECTORS!!

[elmfield] 08/6/2017 08:03

As the twitter gang must all be out I will say it for them:
BOOM!

[ajj2003] 08/6/2017 08:01

Sure we will see the last ten years of Clontarf RNSs posted in a bit to try and bury the positive developments of the last few days. Good luck to all. AJ

[elmfield] 08/6/2017 07:56

Gone very quiet,
Lol!

[lippe] 08/6/2017 07:39

13 October 2014

The board of Petrel are pleased to report that an agreement has been reached with the Ghanaian authorities on the specific revised co-ordinates of the signed Petroleum Agreement on a licence Block in the Tano area of Ghana. This solution is satisfactory for the Company and brings the Company's interests in acreage closer to existing discoveries. As announced in July 2014, it was agreed that additional, contiguous acreage will be added to preserve the size of the Block, and a revised Activity Map has been circulated. The agreement is between Pan Andean Resources Ltd (60% Clontarf Energy plc, 30% Petrel Resources plc, 10% local interests) the Ghana National Petroleum Corporation and the Government of Ghana.

All parties have committed themselves to, and are acting to complete, the ratification process in accordance with law, which requires Cabinet and Parliamentary approval.

[lippe] 08/6/2017 07:30

Great news today, this will transform the company!

The Board of Petrel (AIM: PET) is pleased to announce that negotiations on a potential Iraqi investment are at an advanced stage whereby a private company with extensive hydrocarbon interests in Iraq would inject an asset into Petrel in return for a minority shareholding in Petrel as well as board representation.

[ajj2003] 08/6/2017 07:28

Clontarf Energy PLC Constructive Discussions with Ghanaian Ministry

08/06/2017 7:00am
UK Regulatory (RNS & others)

RNS Number : 4602H

Clontarf Energy PLC

08 June 2017

8(th) June 2017

Clontarf Energy plc

("Clontarf" or "the Company")

Constructive Discussions with Ghanaian Ministry

The directors of Clontarf Energy (AIM: CLON) are pleased to report that discussions have taken place in recent days relating to the Tano 2A onshore offshore block in Ghana. These discussions were positive and constructive, and will be continued.

David Horgan, Director, commented "The Tano 2A saga has been ongoing for nine years. There are numerous legacy issues which are being addressed. Progress is being made. The newly elected government is pro-development and committed to improved standards. We are committed to helping find and develop Ghana's natural resources. With continued good-will and common sense we hope that any outstanding issues will be satisfactorily and promptly resolved."

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

ENDS

[elmfield] 08/6/2017 07:18

Petrel should be moving smartly today.

[ajj2003] 08/6/2017 07:17

Clontarf Energy's David Horgan 'delighted' with offshore Equatorial Guinea rights

13:04 07 Jun 2017
Clontarf Energy (LON:CLON) director David Horgan discusses with Proactive's Andrew Scott their exploration plans for Block 18 after being awarded the license by the government of Equatorial Guinea.

[...]proactiveinvestors

[ajj2003] 08/6/2017 07:16

Clontarf Energy (LON:CLON)

From Yesterday: Awarded Block 18 in Equatorial Guinea

NORTHLAND VIEW

 Clontarf Energy has been awarded Block 18 (EG-18) in the 2017 Equatorial Guinea Bid Round. The Block covers approximately 5,056km2 of undrilled deep water acreage within the Northern Rio Muni Basin.

 Clontarf Energy will have a 70% of production interest, with 65% oil cost recovery. The production royalty is a standard 13% that rises to 16% on production over 100,000BOPD and the profits tax is 35%. The contractor interest starts at 80% through the first 40MMbbl, and falls according to a standard formula until output reaches 200MMbbl. Other terms include: a $150,000 signature bonus; standard commerciality and production bonuses; normal land taxes.

 The initial work programme is 3 years (extendible) to include seismic acquisition plus one well if drillable targets are identified. The second sub-period is 2 years, with two extensions of one year each accompanied by a work programme.

Clontarf Energy has been awarded acreage in Equatorial Guinea alongside ExxonMobil, Taleveras and Ophir Energy. This is a major development for Clontarf Energy as Block 18 contains a diverse range of Cretaceous sands plays, including distal fan and turbidite channels that are visible on historic seismic data. Clontarf plans to focus on working the large structural and/or stratigraphic trap targets and will finalise the fine details in meetings scheduled with the Equatorial Guinea authorities.

[...]proactiveinvesters

[elmfield] 08/6/2017 07:14

Lippe,
You are a class act.
Great news today, this will transform the company!
One more small step.......

[lippe] 08/6/2017 07:07

The Greed and Glory Boys ..

Since the 1995 discovery of oil off Equatorial Guinea's shores, human rights in the country have improved little. Today, one could say the government exploits poverty to kill hope, as effectively as it uses torture to get confessions. Once a country based on subsistence agriculture, petroleum has converted Equatorial Guinea into a mono-economy. Equatorial Guinea is consistently ranked one of world's most corrupt countries by Transparency International in its annual Corruption Perceptions Index. In 2006 the World Bank estimated 76.8% of the population was living in poverty.