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EEL Equator Exp.

20.50
0.00 (0.00%)
02 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Equator Exp. LSE:EEL London Ordinary Share VGG3084F1282 COM SHS NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 20.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 20.50 GBX

Equator Exploration (EEL) Latest News

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Equator Exploration (EEL) Discussions and Chat

Equator Exploration (EEL) Most Recent Trades

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Equator Exploration (EEL) Top Chat Posts

Top Posts
Posted at 14/6/2024 11:07 by simon follett
The reserves in Antartica involve drilling though a moving ice sheet making it sub economic at $80 a barrel of oil. The price would have to be closer to $140 to $200 a barrel.
Posted at 11/5/2024 13:13 by simon follett
U.S. shale production looks like it has peaked more every week now. Brent crude has turned up in recent months and the Henry hub gas price seems to have come off its low. The oil and gas price should continue to rise over the next 10-15 years bar an unlikely technological advancement. It would be worth holding on to oil and gas shares during that period including EEL shares. What will come first, $4 gas or $120 oil? I hope to see at least one within 2 years.
Posted at 03/1/2024 10:41 by riskyinvestor
Put Petrel Resources on your watchlist

My target price for that is £5


Presently 3.40p

Rumours of BLOCK 6
Posted at 06/12/2023 07:54 by riskyinvestor
Have been to AGL and he does not post there

I want the truth known

I have backing of a couple of millionaires to back me up and find how EEL shareholders were robbed bigtime.


EEL share price did peak at £3.50p

It is not over yet

Keep watching this space

I hold 52,000 shares in this
Posted at 04/12/2023 23:51 by geordieduke2
Whatever it was or wasn't, it was 10 years ago, was as real as the oil in EEL and as real as the SLG. You've been scammed, your money was gone the day you donated it.
Posted at 18/11/2023 15:33 by whowants2bamilionare
The penny dropped a long time ago Geordie, as some of the early and genuine long term EEL SLG members, might remember from the replies I received from Mrk and SPP!

You might be frustrated with the EEL SLG's (or what is left of it), lack of response, as many on here no doubt are, but your language doesn't do you any favours.
Posted at 18/11/2023 00:51 by whowants2bamilionare
Cheers Bahamas for post 67897. Indeed interesting and more of these factual posts are needed on this board.

As for Mrk and who ever hides behind this name, it was kind of expected, he would disappear after SPP passed away. He no doubt is posting under another name now.

As far as the EEL SLG is concerned, it all changed back in 2011/2012 when deals seem to have been done with certain key EEL SLG members and the loose lips sink ships nonsense started.

Who knows what deals and with who, were done at the time.
Posted at 30/8/2023 20:02 by simon follett
Riskyinvestor - Delisting brought about a conflict of interest, whether or not there is further corruption. For example Oando could not have bought shares at 3p if EEL remained listed because the share price would have risen on takeover prospects. After delisting EEL became a private company and cannot raise funds in the public arena and therefore is dependent on Oando. So minority shareholders are being compromised in more ways than one by the delisting.
Posted at 13/8/2023 15:56 by simon follett
Digger - I have not spoken to Philip Dimmock, but he wants to keep his job. If he relists EEL and Oando makes an acceptable offer then he will lose his job. If he relists and rejects a poor offer by Oando then he risks upsetting the funders of EEL's debt.
Peak are inviting a court ruling that will make them bankrupt. It's a matter of time because extentions do not come indefinitely.
The EIA have reported that Peak shale oil shall be this month. The USA has the largest shale fields so effectively it is a global peak which shall cause the oil price to rise indefinitely.
I have noticed the EEL site is no longer accessible, does anyone know why?
Posted at 17/7/2023 17:38 by simon follett
Digger, it is a hefty holding for me, I paid around £66,000 of hard earned money for it. I still have hope for a fair settlement.
What are the chances of EEL relisting? Philip Dimmock is going the way of resolving all issues before a relist. Once EEL is relisted Oando will make an offer for the remaining shares and EEL will more than likely be absorbed into Oando rather than operate as a wholly owned subsidiary. Personally I would like for EEL to relist today whether or not the Peak farm-out is resolved or significant progress is made with the other assets because a low offer can always be rejected. If EEL relisted today with its largest asset no longer in contention, I guess it would go for at least £1 per share. Also, if Peak Shale is occuring now then I would anticipate a significant upward momentum on the oil price for the next 2 or 3 years maybe taking the risked NAV to over $27 per share at around $120 for Brent. This would outweigh the increase in debt over the time by far. There is no substantive reason not to relist even if time (for the moment) is increasing the value of the shares.
Equator Exploration share price data is direct from the London Stock Exchange

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