Europa Oil & Gas (holdin... Share Discussion Threads

[4sta] 09/2/2018 09:04

Are you out again Jusmasel? Seems to me you're doing a good job of talking this share down at the moment?

[jusmasel99] 09/2/2018 08:39

If EOG drill then ANGS and UKOG pay the costs of EOG as well as their own. Buy out EOG for a million and don't drill will be cheaper than forking out £3m for a drill.

[rogerlin] 09/2/2018 08:28

We are still awaiting the result of UKOG's flow testing at Broadford Bridge, a gusher from the Kimmeridge could yet surprise!

[dunderheed] 09/2/2018 08:12

Jus I'm missing your point?
Because these two partners 'don't want' to drill a well there they will buy out eog share?
Can you explain logic behind this?

[jusmasel99] 09/2/2018 07:52

More going on behind the scenes at Holmwood than meets the eye methinks. Both ANGS and UKOG will hardly want the expense of drilling it now. Much cheaper for them to buy out EOG and for us to move on.

[cheek212] 08/2/2018 08:33

Public consultation ended yesterday for Holmwood but I notice that the planning meeting date has been moved to the March committee meeting now. I suspect that the time between the consultation closing and the Feb planning committee was not sufficient!! Let's see what happens next then! Can't see what other reason they could now find to refer again!!

[jusmasel99] 07/2/2018 16:41

Cannacord not listed as a holder above 3% but probably holds something here. They are selling EDR (see RNS) so wouldn't be surprised if they are doing the same here. That is why the share price is down to this ridiculous level. Easy to see it back up to 6p soon.

[rayrac] 07/2/2018 10:28

Another sleeper, based on weald interests!

[tommy241] 06/2/2018 22:09

That day might be coming. DoD reported the below recently, for the frackers:

www.drillordrop.com/2018/02/01/mps-to-investigate-whether-to-take-decisions-on-fracking-plans-out-of-local-control/

[fardels bear] 06/2/2018 21:46

So what exactly the point of auctioning Landward blocks if nobody is allowed to drill them? UK Oil & Gas Authority and HMG needs to sort this stupid mess out, pronto.

[itsriskythat] 06/2/2018 20:29

As for timing a purchase, it would be better to wait until after the next SCC meeting and the inevitable TMP refusal.

[itsriskythat] 06/2/2018 20:18

Sadly I agree that Holmwood is a lost cause; Surrey CC elected members listen to the community, and ignore their officials' diligent efforts and advice. It remains to be seen if Europa are just going through the motions to lend more strength to their argument that Surrey CC be accused of non-determination. Easy for them to come up with yet another new reason to reject the TMP.I'm sick of hearing that Europa and now INEOS have no respect for the local community's opinions by not appearing in person in front of the county councillors. Strikes me now after watching the latest refusal of an INEOS planning application that it is the councillors that are being disrespectful to their planners.

[dunderheed] 06/2/2018 19:32

Jus do you think the eog mgt are completely blameless for the situation they have put eog in?!

[jusmasel99] 06/2/2018 19:00

Mr CP you are giving DH hope that he may achieve his buying target share price I think the chances of Hugh and his planners getting Holmwood approved this year is very small indeed and in that regard all should do their own research. Time to contemplate selling Holmwood and move on...

[dunderheed] 06/2/2018 16:22

Jus completely agree but I prefer to buy at 3.35 ask. If that doesn't happen then I'm not taking the 'risk'.
Sincerely best of luck to you though - could pay off handsomely!

[currypasty] 06/2/2018 16:12

If he doesn't get Holmwood through in 3 weeks

[jusmasel99] 06/2/2018 16:05

Well contrarian viewpoint here then - filling my boots with all the spare cash I have at this price (which isn't much) but to pick these up at 4.1p is unbelievable. The trading pattern is much the same as what happened when M&G pulled out so I suspect one of our institutional investors is taking a dim view on UK Onshore Oil and Gas. I concur with that but I think our Irish assets are worth considerably more than £12m and whatever new ventures Hugh is contemplating ...

[dunderheed] 06/2/2018 14:44

Yep still 20% over valued before I even think of buying.
Imho.

[currypasty] 06/2/2018 14:23

shareprice 4.05p, mcap £12m

[tommy241] 04/2/2018 10:58

There sure is Jus... I would have thought one of the main reasons to strengthen the board (especially with Brian's & Simons background) was because of EOGs assets next door to to Corrib.

I note Serica are also looking for partners:

www.irishexaminer.com/breakingnews/business/serica-targets-irish-asset-partners-825447.html

[jusmasel99] 03/2/2018 20:33

Lot to be said for being in the right place at the right time ...

[andrewpandy1] 03/2/2018 13:50

I've held eog for many years long long time! . The guy running this life style company is cleverer than stupid old me.

[tommy241] 03/2/2018 13:20

Minimum 20pps. On the basis of Wressle production, successful Holmwood drill and farmout of Corrib with drill commitment.

All this year (hopefully!)

[joestalin] 03/2/2018 10:09

It depends what you call a "bargain price".

[caters] 02/2/2018 23:04

Hi Spangle,

You may think you're jesting, but it may end up being closer to the truth.

I have a feeling that once the deal is signed off on Corrib, Vermilion will snap up Europa at a bargain price.