Conder Environmental Share Discussion Threads

[tsmith9426] 24/4/2006 23:27

yes we are sneaking back up ready for the bang when we hit aim

[habayyut] 24/4/2006 11:21

bit of a rise today.

[a77] 24/4/2006 11:13

tHANKS
hard work/ andy

good to see share price covering lost ground.

[andy] 23/4/2006 16:20

mujadid2,

I don't see any bad news there, not sure what you mean.

[mujahid2] 23/4/2006 16:00

Is that bad news for concorde?

[andy] 23/4/2006 12:22

hard work,

Good find, I found this extract quite interesting as it relates directly to the region CDE are currently negotiating in.


Timan-Pechora Region

The Timan-Pechora oil province is located in the administrative regions of the Republic of Komi and the Nenets Autonomous Okrug. The Province extends under water in the Pechora Sea all the way up to the Kolguyev Island. Significant oil and gas deposits have already been discovered in the area, as shown in this linked Map.

The first signs of possible oil deposits in the province were noticed in the 16th century, and oil was produced and refined by very primitive methods as early as 1745. The region attracted real interest in the 1930's after several discoveries of oil near the town of Ukhta. After the Second World War, exploration and production were concentrated in the Komi Republic. In the late 1960's, the exploration activities reached the areas north of the Polar Circle and the Arkhangelsk Oblast. Since the 1980's, the exploration and drilling operations have been carried out intensively in the whole region.

Altogether, 180 known oil and gas fields have been discovered in the Timan-Pechora province, but only 20 of them have been used for production. In 1994, production of oil and condensates in the area totalled 8.7 million tons, and production of gas was about 3.8 million cubic metres. The oil production of the province, however, dropped below half of the maximum figure 10 years ago.


The Timan-Pechora province is considered the third most important oil producer of the Russian Federation, and there is a significant development potential in the area. During the past few years, the region has attracted the interest of several western oil companies, whose exploration areas are shown in this linked Map. It should be mentioned that the Polar Lights company, formed by the American oil company Conoco Inc. and the Russian company Arkhangelskgeologia, began to produce oil from the Ardalin field already in 1994.

If the above-mentioned oil reserves are compared world-wide, they are equivalent to Norway's North Sea reserves. However, most of the approximately 200 fields in the region are quite small. Gas reserves are rather small compared to, e.g., the Barents Sea reserves, which means that they are mainly of local importance.

[andy] 22/4/2006 22:19

ttnyrp,

Yes their objective is more long term, and this first deal is just to set the ball rolling and obtain some revenue and initial profit, IMO.

I see this as the first of several deals, and their stated aim is either producing or near to production assets, which fits with my requirements.

Once they have sufficient producing assets, they say they will consider exploration, but that is longer term.

[ttnyrp] 22/4/2006 21:38

All, hello, am here for the management as Andy says. Think Zengas has posted about these guys not being here for small potatoes, they know their stuff. Seems to me the current deal is not one to take your breath away, they seem to have eyes on big prizes in the former FSU. Watch this space, did I read somewhere, maybe on here that they have a £1 target in 5 years? I hope sooner but however you look at it, it would would be good return. I hold 10000 btw

[andy] 22/4/2006 21:18

hard work, mujahid2,

Without knowing the full details of the deal(s) done thus far, I cannot see how anyone can make any accurate estimate of where the shareprice will go.

I do know the management are considered to be first rate, with considerable knowledge and experience relating to the oil and gas industry in Russia.

[hard work] 22/4/2006 18:46

That is optimistic! £1 I can see as realisitc, but £2.40!! On what basis?

[mujahid2] 22/4/2006 18:33

With all due respect i think that is the biggest understatement of the year well done ll , 240p end of 2006 u heard me say it first dyor.

[leesonlookalike] 22/4/2006 18:13

Sentiment, due course, a good deal, a move to aim, and aditional buyers of the stock. I can see the share price reaching 100p in due course

thats why

[english bigblls] 22/4/2006 18:00

leeson,

You think this should be worth over £130M? On what basis.

[hard work] 22/4/2006 13:32

patience LL, patience...I'm sure you'll be rewarded

[leesonlookalike] 22/4/2006 04:06

nice papwr profit, but i wanna see some action.

its all very well been in at 7.5p but this stock is poised for over a pound i think.... a proper multi bagger :-)

[mmorrismikey] 21/4/2006 19:32

Hi Papillon

No still there, been in here for a while tho, will add when it hits the AIM since it will be then that more funds will probably be available.

I reckon this has great potential long term tho

Have a good weekend
MM

[papillon] 21/4/2006 18:59

Taking a break from SER MmM? Could be a good time to buy extra CDE.

[mmorrismikey] 21/4/2006 17:51

Not bad at all Hardwork. Lets hope next week brings the same and some news.
MM

[hard work] 21/4/2006 17:41

Good end to the week.

[andy] 21/4/2006 08:49

TSMITH9426,

If the deal is good, the iron will be hot at whatever time they transfer to AIM!

[tsmith9426] 21/4/2006 08:23

good time to come to aim, look at rift, they need to get in while the irons hot

[sranmal] 21/4/2006 08:10

There a 60 day limit in the last news release, about a month ago, so expect news in the next 30 days.

[leesonlookalike] 21/4/2006 07:47

Im personally hoping for end of May, but probably June...