Equator Exploration Share Discussion Threads

[wantmorethan24p] 14/9/2017 18:39

how much is oml 22 worth to eel

[box3r] 14/9/2017 14:50

Spp, many thanks for your enlightning update. My fingers remain firmly crossed. Best wishes to Mr K and the other SLG member for a speedy recovery.

[unabkxb] 14/9/2017 12:06

Not going to risk opening that link.

[wantmorethan24p] 13/9/2017 18:07

so own 30% of the crown jelwels opl 321 and opl 323

farmout 20% signature bonus sorted..

EL have farmed out 20% of OPL 323 to BG for US$75M, comprising both cash and carry on future expenditure, subject to NNPC approval. OPL 323 cost split was ~US$103M. Net economic interest now 9%

[wantmorethan24p] 13/9/2017 17:59

signature bonus will be raised by farmdown me thinks.

at least for the last 10 years have not been in

gkp
pet
vog
rmp
rrl

i could go on and on the list is endless.
so many companies ..actually all the oil explorers have not delivered.

name me 1 company on AIM which has delivered without recapitalisation.
we are really lucky that we still have a good chance of getting something out of EEL.

50P IS MY MINIMUN..after doing more research on the elephant fields.

[2lb] 13/9/2017 17:45

lol - Peak don't even have £1.61

[wantmorethan24p] 13/9/2017 16:29

question...


how are they going to raise the 161m for the signature bonus.

is that money coming from peak

[2lb] 13/9/2017 12:32

We have had no choice but to sit and wait for quite a while now so there is technically no change to our stance but at least some sort of tangible timescale.Another two years is neither here nor there after the 12 that have now passed.Welfare of shareholders and SLG alike is a priority, I am aware of at least one EEL shareholder who has sadly passed since we were stitched up and I would be surprised of there were not more. I've managed to get married , have two kids , move house four times and have six different jobs since "investing" in Equator.See you all (hopefully!) on the other side......

[wantmorethan24p] 12/9/2017 21:35

yes just a small light at the end of the tunnel.
i can see an aim re listing in a couple of years

[devonlad] 12/9/2017 20:24

SPP and Mr K, well done. I have been in the eye of the storm regarding removing the board of a fully listed PLC previously so I know how stressful it can be and how little appreciation or reward you ever get for your efforts. So from my soap box, well done and many thanks for your efforts.

[wantmorethan24p] 12/9/2017 20:22

a snippet from the past


With some luck, Equator will finish the exploration programme with up to
3 TCF of gas reserves and up to two material oil discoveries, providing a
prospective Core NAV of up to 600p per share. If it gets really lucky it
would be possible to see the value over £10 per share.

[wantmorethan24p] 12/9/2017 19:16

i myself am suferring from servere depression mainly due to losing around £100,000 on the stock market.
i really hope EEL can save me.
just want oil to keep going up and up.

ps am glad the SLG is still going strong.

[wantmorethan24p] 12/9/2017 19:12

spp thanks for the update.MR K get well soon.


i really feel relaxed now.
got over 50k of these.
have lost a fortune in other shares and this may be my saving grace.

we are talking about billions of oil and gas.

EEL could really be worth £500m IE THAT IS £1 A share.

i am prepared to wait another couple of years if we can get £1.
look EME it has gone up from 3p to nearly 25p and worth £100m just on some gas shows.

[susiebe] 12/9/2017 17:29

sp129 Many thanks for your very reassuring update.Best wishes to Mr K.

[barrywhit] 12/9/2017 17:03

Thanks spp for the update and a speedy recovery Mr k.........

[bostanli] 12/9/2017 12:15

Thanks spp for a clearer update on what's happened and happening going forward,and a speedy recovery to mr k and the other SLG member.

[joeblogg2] 12/9/2017 11:34

Thks spp, my best wishes to a speedy recovery for Mr K

[paulie1] 12/9/2017 11:29

thanks SPP

[geordieduke2] 12/9/2017 11:05

Good update and best wishes to MrK and the other guy

[jpjhmercerhouse] 12/9/2017 10:56

Cheers ssp, hope mr k is well , when this is all sorted would like to meet up and thank the slg for all there efforts personally:-)