Equator Exploration Share Discussion Threads

[smart solution] 21/9/2017 17:18

I will buy your shares digger?

[wantmorethan24p] 21/9/2017 15:47

we will see a decent return in 2 years if oil keeps on going up.

[aquilla] 20/9/2017 20:00

Thanks spp119 for the update. My best wishes to Mr K and the other SLG member for a full recovery. I can certainly vouch for the existence of the nuclear option as I was part of it! The two months,I see,have been replaced by the 2 years. But how many false dawns have we seen in the past! I would surmise that much of Spp's information comes from the same source as mine. I was, in the end, being fed misleading information in an attempt, I suspect, to discredit me. Don't get me wrong. I certainly hope we will see a decent return in two year's time but I'm not holding my breath.

[wantmorethan24p] 20/9/2017 18:09

smart solution £1 is more realistic.

[wantmorethan24p] 20/9/2017 17:10

yes look at cove energy

[smart solution] 19/9/2017 22:46

Yep £5 per share is conservative..look at Cove Energy

[wantmorethan24p] 19/9/2017 16:31

hope spp can answer that question


maybe they are waiting for all the resolutions to be sorted out.

our collective 20% could be worth easily over £100m

[fatfish] 19/9/2017 11:25

So why won't they relist, what is stopping them ??

[wantmorethan24p] 18/9/2017 18:32

agree smart solution...


the OPLs are massive with huge potential.
they should just relist EEL on AIM or another market.

[smart solution] 18/9/2017 17:22

If this was trading at the moment I see no reason why it wouldn't be at its IPO price of £4 per share with huge upside.

All to play for here now...

[wantmorethan24p] 18/9/2017 14:09

WE WILL OWN 10% OF OPL 321 AND 323.

[wantmorethan24p] 18/9/2017 14:09

Mozambique[edit]
Rovuma Offshore Area 1[edit]
In September 2009, Cove acquired from Artumas a 8.5% interest in Rovuma Offshore Area 1 (also known as Area 1), offshore Northern Mozambique. The block covered 9,562 km2 (c. 2.4 million acres), located in the deep waters off the coast of Northern Mozambique. It was operated by the large US independent Anadarko. The partnership consisted of Anadarko (36.5%), Mitsui & Co. Ltd (20%), Empresa Nacional de Hydrocarbonetos, E.P. (15%), Bharat Petroleum Corporation Ltd (10%), Videocon Industries Ltd (10%) and Cove Energy (8.5%).

In late 2009, Cove and its partners started drilling their first exploration well, Windjammer. In February 2010, it discovered the giant Prosperidade field. In the period from 2010 to 2012, an additional seven exploration wells and five appraisal wells were drilled, and extensive flow testing was conducted and the recoverable resources increased from 5+ Trillion Cubic Feet (TCF) to 35-65+ TCF of gas.[2]

Prosperidade and the surrounding gas discoveries at Orca, Lagosta, Atum, Golfinho and Tubarão are among the world’s largest gas discoveries in the last 20 years. Today, the recoverable resources are estimated at 50-70+ TCF of gas. Area 1 is due to start producing gas in 2019 and has the potential to transform Mozambique into one of the world’s largest LNG exporters, similar to Qatar and Australia, and offer long-term benefits to the population.

[wantmorethan24p] 18/9/2017 14:07

so cove energy is the only success story on AIM

[wantmorethan24p] 18/9/2017 14:05

cove energy went for a billion pounds.


now we may have a lot of gas at opl 321 or 323.

cove only owed around 10% of a massive gas find .
am optimistic we will get 50p here easily.

[fatfish] 15/9/2017 09:01

It's good to dream :-)

[smart solution] 15/9/2017 07:38

Get well soon Mr K and thanks for the update Spp119.

10 quid a share it is then..

[goulding1215] 15/9/2017 07:16

One person you can trust on here is Spp119. Thank you for update. It was lack of communication that caused the majority of vitriolic posts. As in any relationship, communication is so important. Normally the cause of most relationship breakdowns. So, we sit on our hands until more news from that positive note. I don't think it will be another 12 years. Having done well elsewhere, the wait for me is insignificant, I only have 50k. But for others, especially large shareholders, it is most welcome.

[exile] 14/9/2017 21:35

2LB..... I tried to sign up to be able to log in but the page dosn't exist. Remind me, how much do they owe us? Was it $260 Million ? I was going to ask them if they have spent it all yet.

[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.