Coro Energy Share Discussion Threads

[m5] 17/7/2019 16:17

Up 6.5%, nice. Seems a bit of appetite for these at the moment.

[m5] 17/7/2019 10:54

Steadily moving forward I see. Big hopes for this one.

[steelwatch] 10/7/2019 09:51

Presentation from the website:



Also accessible by clicking the flow chart in the header above.

[currypasty] 10/7/2019 08:20

anyone go to the presentation?

[currypasty] 01/7/2019 10:28

Published on 27 Jun 2019


London South East | Oil & Gas Investor Briefing with CEO's from Cluff Natural Resources and Coro Energy, as well as equity analyst Zak Phillips. Brought to you by London South East - Date / Time: Tuesday 9th July 2019 | Doors 5:30 pm | Live 6.15 pm Location: Brewers Hall, Aldermanbury Square (Off London Wall), London , EC2V 7HR We would be delighted if you would join us at Brewers Hall for the next Investor Briefing in our 2019 season, brought to you in association with our sponsors City Index.

Link for tickets:

[steelwatch] 27/6/2019 21:13

A taste of what could be down the road a ways, but very early days for CORO offshore Sarawak:

[hang ten] 12/6/2019 15:37

Indeed Gents... It would seem something a stir here ! I anticipate a nice rise between now and when the drill goes into action early Q4 2019

[m5] 12/6/2019 14:30

Something has stirred the horses!!

[currypasty] 12/6/2019 12:40

seems to be due to comments by doc holiday, he mentioned he had a 'long chat with city guy', and notes 'potential for high impact news'

[m5] 12/6/2019 11:48

Yes, noticed that. I have to say I am as confident as you can be about this share and continue to add as funds allow.

[currypasty] 12/6/2019 11:25

volume increased last few days with some big trades going through

[m5] 05/6/2019 15:02

Well I keep adding on weakness on a medium to long term basis, the fact the Directors have bought at much higher prices and relatively recently gives me confidence. Anyway looks like its just me again, LOL, DYOR

[m5] 16/5/2019 12:26

Well I have just bought another tranche. Looks a decent bet with the guys that they have on board and the fact that they have done it all before.

[currypasty] 16/5/2019 10:22

What is your rationale for attending 121 Oil & Gas Investment?

We are looking to meet a new investor base – bearing in mind our close proximity to SE Asia where are assets are held. We are looking for both institutional and high net worth investors looking to partner with us during our next exciting phase or development.


What recent news would you like to highlight to investors attending?

March 2019 Bid for Ophir Energy

Feb 2019 New PSC – Duyung added to Portfolio (Indonesia)

December 2018 – JSA with Petronas


What are your key goals for the next 3, 6 and 12 months?

3 Months:

Prepare for well programme at Duyung

6 Months:

Drill and results of 2 well programme Duyung

12 Months:

Additional business development


In a sentence, what do you think makes your company such a compelling investment?

Although a relatively young company we bring a wealth of local experience with our executive team headed by our chairman James Parsons and led by our CEO James Menzies – who has built up a business in SE Asia (Salamandar) which he then sold to Ophir. We are ready to go again!

[burtond1] 14/5/2019 09:18

This year has seen @CoroEnergy take major steps forward in its strategy to build a SE Asian portfolio of fields with associated exploration upside.#CORO CFO Andrew Dennan talks us through recent acquisitions following its recent €22.5m Eurobond issue.https://total-market-solutions.com/2019/05/14/coro-energy-cfo-interview-2/

[currypasty] 08/5/2019 16:51

a lot of selling recently... LSE Bulletin Board putting 2 & 2 together on all the recent share handouts...


"In addition, and to be consistent with its policy of preserving cash balances for operations, the Company has issued a total of 5,377,241 new ordinary shares in the Company at an effective issue price of 2.218 pence per new ordinary share to various parties; including employees in lieu of cash bonuses and to third parties in settlement of fees for services provided."

[currypasty] 02/5/2019 11:38

From results..

"Directors' emoluments
------------------------------- ----- ---
Wages and salaries 873 289
Pensions and other benefits 61 23
Social security costs 82 38
Share based payments (note 26) 367 58
------------------------------- ----- ---
Total employee benefits 1,383 408
------------------------------- ----- ---


The highest paid director received aggregate emoluments of EUR495k (2017: EUR215k). "



today
"Application has been made for the 10,158,518 new ordinary Shares"
£240k's worth


Fees/pay ramping up significantly .. lets hope shareholders get a slice of the pot