Cove Energy Share Discussion Threads

[utrecht_00] 18/9/2012 20:56

still sticking with east africa I see. Good for you. All the best.

[peter anthony] 18/9/2012 20:20

Ut.. Falcon O & G, Ophir and Africa Oil are probably the best. P

[utrecht_00] 18/9/2012 18:28

Peter, what you invested in these days?

[peter anthony] 18/9/2012 06:34

The END!!

Of a great investment!

[matt19] 24/8/2012 14:11

NEW is the next COVE.

Small window to buy before rise to spud end Sept.

[utrecht_00] 24/8/2012 13:45

Hi guys, haven't posted since I sold out after the shell bit. First up, congrats to all who held on and got out at 275p or now at 240p. Well done.

I put some of my profit from Cove into NEW. Check it out, spudding beginning of October. There's a lot of good data on the advfn NEW thread for your research.

[cashandcard] 17/8/2012 12:46

Folks, I'd suggest those of you looking for a new home for your cash to look at these four; AOI (tsx), PCL (asx), RMP (aim) and AEX (aim). The theme is East-Africa. First one is a class outfit with a big discovery on its hands and a new well about to follow-up. Second company has just started drilling the giant Mbawa prospect offshore Kenya. The first two are partnered by Tullow in some of the hottest exploration acres in the world right now. Third (RMP) is more risky, but at current market value less cash (£13mln), it is arguably one of the cheapest oil co's on aim. It is actively involved in oil drilling campaign in East-Africa right now with an AOI subsiduary, over an area thought to be a replica of Yemen's multi-billion barrel basins. They virtually hold all the prospective acres in this corner of Africa. A discovery would, quite simply, transform them overnight. AEX, some of you probably know, has reserve potential similar to that of Cov although maybe not the single giant discovery potential you saw at WLBC or Golfinho/Atum. But its a good price to buy in.

I hold stock in all four. AOI and RMP are my pick of the bunch - AOI massive drill campaign about to begin to follow-up Ngamia success in kenya - this is led by Tullow, who have just delivered over 100m netpay at Nagmia.

RMP, low market cap, low share count, cash of circa A$17mln? Currently drilling ahead in Shabeel North and result expected soon, a confirmed oilstrike will transform them overnight. Possibility of further well after Shab North in the highly regarded Nugaal basin to the south.

Well done and good luck whatever you do.

Cash

[thecynical1] 27/7/2012 07:57

FASTNET..... : )

[rus4] 27/7/2012 02:40

The Final Curtain
From 24p in October 2009 to £2.40 on 27th July 2012
I have had the ride of my life
Thanks to all the posters to this board
Special thanks to the Board ,Sir John and friends, their ability,guidance and integrity were second to none.
Where next ??

[thecynical1] 24/7/2012 13:40

Hi trev......guess you dropped out of the anger management course,then? : )

[rtarr] 21/7/2012 09:07

Is East Africa the Next Major Oil and Gas Region?

[eelanguilla] 18/7/2012 17:40

correct ... its the old sgg

[deckav] 18/7/2012 17:37

Am I right in saying that Fastnet is now known as FAST.L (STERLING GREEN GRP)??

[eps0n] 18/7/2012 09:13

Hi Deckav,

Yes, seems likely :-)