Equator Exploration Share Discussion Threads

[wantmorethan24p] 17/2/2017 22:06

lets get on the German Boourse.

[wantmorethan24p] 17/2/2017 21:29

sounds a good idea.Mr K you reading this.





goulding121516 Feb '17 - 09:27 - 64095 of 64097 0 0
The German bourse is the best one, quickest and cheapest. The Canadian one is more restrictive than the UKLA. Get on the German Bourse, then passport to UK FTSE. No eligibility requirements in Germany.

[2lb] 17/2/2017 11:09

I am sure we are overdue another conf call.

How I love Pade and Phil spinning out 45 minutes of excuses, umms and erms every few months.

That interest must be racking up for fun now. I am still expecting that at some point Oando will send us a bill as the debt will have outgrown that supposed asset value.

[geordieduke2] 17/2/2017 10:12

How many years are we into the rolling 2 years now? Losing track of the years now, 11 years into this scam. Is there anyone left who still thinks there will be a return on this? If so what medication are you taking? Anyone left who still thinks it was a good idea to act like snivelling cowards and not do anything when we had the chance?

[goulding1215] 16/2/2017 09:27

The German bourse is the best one, quickest and cheapest. The Canadian one is more restrictive than the UKLA. Get on the German Bourse, then passport to UK FTSE. No eligibility requirements in Germany.

[wantmorethan24p] 12/2/2017 21:22

we need a re listing..

if not on AIM then another stock market.

canadian.

[wantmorethan24p] 10/2/2017 22:42

cheers Mr K..

we need a re-listing.

[mrkeysersoze] 10/2/2017 15:28

EEZ update:

The Seismic Boat is currently carrying out the acquisition of the EEZ Seismic survey in Sao Tomean waters on blocks 5,6,11 & 12.

Equator has interests in blocks 5 & 12 with partners Kosmos & Galp.

The survey is expected to take 4-5 months to complete.

Mr K.

[wantmorethan24p] 10/2/2017 13:33

have bought COPL because it is not on AIM.

[wantmorethan24p] 10/2/2017 13:30

MR K...

guess want i have done today.
bought 316021 COPL shares at 1.42p.

i need the Nigeria research please.

[geordieduke2] 09/2/2017 10:01

They shouldn't be allowed back on AIM but if the regulators did their job there would hardly be an AIM. They would manage it somehow, buy an existing AIM company perhaps. The main thing is though, whatever happens we won't benefit. When do we get to have the annual re-play of the conf call?

[2lb] 08/2/2017 14:11

[...]


Jeez...someone needs to tell all COPL holders to get the hell out of there...fast.

[2lb] 06/2/2017 14:11

I am not sure you can relist a debt - given that's all we have.

[digger2779] 06/2/2017 13:18

I can't see a relisting happening anytime soon or should I say anytime. Costs are too prohibitive and these bunch of crooks won't allowed on AIM with their past history. Stranger things have happened though for instance they may declare a special dividend...oh wait they've already done that.

[cromw3ll] 06/2/2017 12:55

Desperate for relisting now that oil stocks are on the rise...

[wantmorethan24p] 06/2/2017 12:52

we need a re listing here.
oil stocks are back in favour.

[wantmorethan24p] 30/1/2017 11:02

mr k.

any chance of a re-listing on AIM.??

[nickmann] 27/1/2017 22:23

Never invest in Nigeria...






By Sarah Kent and Eric Sylvers
A Nigerian court has ordered Royal Dutch Shell PLC and Eni SpA to give up control of a large offshore oil block amid an investigation into their acquisition of the asset for over $1 billion, Nigerian authorities said.

The order is the latest development in a saga that has stretched for years across courtrooms in the U.K., Italy and Nigeria in an alleged corruption scandal involving the two oil giants and Nigerian officials and businessmen.

Shell declined to comment. Eni said it was aware of reports about the court order, but the company hadn't received notification to relinquish control of the oil field. It denied any wrongdoing in relation to the acquisition.

Italian prosecutors say in investigative records viewed by The Wall Street Journal that Eni executives and Shell were allegedly involved in a corrupt scheme to secure the oil block. No charges have been filed.

Shell and Eni gained control of the block in 2011 after paying $1.3 billion, capping off roughly a decadelong ownership dispute between Nigeria's government, Shell and Malabu Oil and Gas, a Nigerian company owned by a former oil minister, Dan Etete. Malabu was assigned the block in the late 1990s when the country was under military dictatorship.

Though the money Shell and Eni originally paid went to the Nigerian government, much of it was later allegedly transferred to Mr. Etete's company and used to pay kickbacks to executives and Nigerian officials, according to an Italian investigation.

A lawyer for Mr. Etete wasn't immediately available to comment. Italian prosecutors aren't investigating Malabu, according to Italian court documents.

Nigeria's financial-crime investigators, the Economic and Financial Crimes Commission, said the Nigerian Federal High Court ordered Shell and Eni's oil license to be turned over to the government "pending investigation and prosecution of suspects" in the inquiry, which it referred to as the "Malabu Oil scam."

The commission sought Thursday's court order as part of its own investigation, according to court documents. Shell and Eni's Nigerian units could face charges of conspiracy, bribery, official corruption and money laundering, according to the commissions' affidavit.

Nigeria's state oil company Nigerian National Petroleum Corp., or NNPC, would be responsible for managing the oil license, according to an oil ministry's spokesman. An NNPC spokesman said the company hadn't yet been served with the ruling and would study the necessary actions once it has been received.

[whowants2bamilionare] 27/1/2017 12:36

Gas is the future and our OPL's hold a few gallons of it........;¬)

December 20, 2016

(Lagos, Nigeria) – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced the completion of a partial divestment of 49% of the voting rights in Oando’s midstream business subsidiary, Oando Gas and Power Limited (“OGP”), to Glover Gas & Power B.V., a special purpose vehicle owned by Helios Investment Partners LLP (“Helios”;), a premier Africa-focused private investment firm.

Commenting on the completion of the transaction, Oando PLC’s Group Chief Executive, Jubril Adewale Tinubu said: “The commencement of this strategic partnership underlines Oando’s status as the indigenous partner of choice for international firms in our industry, while also acknowledging the Group’s unwavering commitment to improving access to gas and power solutions for industries, consumers and commercial counterparties in the sub-region. This partnership will firmly leverage OGP’s local knowledge and expertise, alongside Helios’s global network and financial capabilities to optimise our existing operations and expand our footprint.”

Co-founder and Managing Partner of Helios Investment Partners, Tope Lawani added: “The completion of this transaction underscores Helios’ commitment to investing in businesses that deliver energy access solutions to industries and consumers across the continent. We look forward to working closely with the OGP management team and other industry stakeholders to consolidate the company’s position as a premier provider of cost-effective and reliable gas and power infrastructure.̶1;

OGP is the pioneer developer of Nigeria’s foremost natural gas distribution network and has subsequently grown to become the largest private sector gas distributor in Nigeria, delivering at peak, 70 million standard cubic feet per day (“mmscf/d̶1;) to over 175 industrial and commercial customers via a vast network of gas infrastructure.
With over 260km in pipeline infrastructure built, OGP provides unique energy solutions primarily through its subsidiaries: Gaslink Nigeria Limited (“Gaslink̶1;), Gas Network Services Limited (“GNSL”), and Central Horizon Gas Company (“CHGC”).

In May, OGP announced the development of a revolutionary mini Liquefied Natural Gas (LNG) facility via its newly-created Transit Gas Nigeria Limited (“TGNL”) subsidiary in Ajaokuta, Kogi State. The pioneering 20 mmscf/day liquefaction plant will aim to fulfill the gas supply requirements for captive power plants, embedded generation, and industrial clusters in the Northern region, as well as stranded customers in the South.

[canny lass] 21/1/2017 16:29

2LB

I hadn't noticed that subtle change in the company description.

First time i have seen the word 'defunct' used against any stocks held in my TD account that have been delisted for an excessive period.

[astorcourt] 18/1/2017 16:13

Nothing back at Afren, so why expect anything here?

[urchin1] 18/1/2017 15:50

Mr K - Not been on here for ages - What's happening? Will we get any money back?
would appreciate an update
cheers urchin

[whowants2bamilionare] 12/1/2017 19:05

GPMH I am fairly sure Oando would convert the outstanding EEL loan in a few more EEL shares before any AIM/LSE listing. Oando suddenly deciding to convert this loan into EEL shares, could possibly be a sign that things are about to happen.

As for Mrk being on board, that certainly would be one heck of a promotion from being in charge of the EEL SLG Red Button Team...............;¬)

How ever as you say stranger things have happened.

Time will tell and (more) patience is needed.

[nicky21] 10/1/2017 12:36

whats happening here?not have kept up with developments here.its been nearly 8 years i think.

had £10,000 in these.could do with that money now.

have been treating these like fixed deposit bond and i now feel the time has come for it to mature.

MR k or SPP or any other SLG member what is the latest?