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

[currypasty] 05/6/2018 09:24

about time EOG had more institutional investor support, hope the oil conference drums up some interest

[dunderheed] 05/6/2018 09:08

Yep bh I've got a few here now.
Again could be like aex buying in spite of mgt not because and think I'm in slight loss over there now.
Excuse my absence from sqz, crazy busy with other stuff at moment.
Best of luck all.

[bountyhunter] 05/6/2018 09:02

nearly ditched this one! how things can change, almost in the black now

[dunderheed] 05/6/2018 08:59

@5.2 Rayrac?

[rayrac] 05/6/2018 08:48

Upped my holding.

[rayrac] 05/6/2018 08:26

Only doubles? You could go anyway!

[jusmasel99] 05/6/2018 08:22

Kind of rules me out there CP unless one of two things happen ..

a) The share price doubles from here then I can go as a High Net Worth

or

b) The share price halves then I could go as an 'Institutionalised' Investor

;-)

[rayrac] 05/6/2018 08:20

But it’s the bid situation/potential for me.

[rayrac] 05/6/2018 08:19

150bpd = around $3.8m year? Depending on brent @ $70bll

[currypasty] 05/6/2018 08:18

The Oil Capital Conference The City’s premier conference for listed Oil companies


anyone going ?

Who should attend

These events are ideal for all classified institutional investors, sophisticated investors as well as industry experts, analysts & brokers, and the high net worth community.

[jusmasel99] 05/6/2018 08:15

APF - the next drill would probably be Holmwood which is fully covered by Farm Ins but they are also actively planning an exploration well in our Corrib Licence. Planning approval for Wressle will be due in a couple of months as well.

[currypasty] 05/6/2018 08:13

Drilling...Ireland next year, farm out to bigger player pays, we should get free ride..imho

[jusmasel99] 05/6/2018 08:13

Mr CP - I think the price sensitive news must relate to Corrib .. it is surely linked to the appointment of the two directors in January and the one thing we do know is that Vermillion cannot release any news about that until they are appointed operator which they hope will happen by the end of this month.

[apfindley] 05/6/2018 08:10

When are they drilling? And where's the money coming from to drill?

[currypasty] 05/6/2018 08:07

IMO we will either see some director buys now this rns is out, or there is still some price sensitive news they arn't telling.

[jusmasel99] 05/6/2018 08:05

The RNS from UJO et al yesterday confirmed that Egdon are confident that the new planning application will succeed for Wressle ... 150bpd for EOG when it comes on stream .. with hindsight the delays in planning have been extremely lucky for us - with UPL backing out and the OP getting higher and higher ..

Personally I think Holmwood is now a complete distraction and we should get rid of it quickly while their is still interest in the Weald.

This little £12m company sitting on billion and billions of oil and gas ....... Love It .. just love it ...

[currypasty] 05/6/2018 08:03

thanks, itsrisky,





Oil Capital is the leading investor conference that unites the City’s Oil investors with management from some of the most exciting and fastest-growing oil & gas companies. Oil Capital is now firmly established as the largest oil & gas investor conference in the UK and is hosted at: The Brewery (52 Chiswell St, EC1Y 4SD). Oil Capital is institutionally focussed and is aimed at asset managers, private client brokers, family offices, and wealth managers. It is also open to the high net worth community.

[itsriskythat] 05/6/2018 07:58

Seriously the marketing continues at Oil Capital on the 14th

[itsriskythat] 05/6/2018 07:57

Game afoot methinks ... woaahh!

[rayrac] 05/6/2018 07:56

I think this is a very decent hold and allied to this, it is even more so....

Egdon Resources U.K. Limited (Operator) 30.00%
Europa Oil and Gas plc 30.00%
Union Jack Oil Plc 27.50%
Humber Oil & Gas Limited 12.50%

Wressle!

[jusmasel99] 05/6/2018 07:54

In January EOG appointed two new directors one of which became Chairman. Both actively involved in the original Corrib discovery. Since then there have been NO DIRECTOR BUYS AT ALL .. not even from the existing directors. Options for all the directors are priced in at about 10p ... surely significant given that the current share price is depressed because of probably only one significant seller since then.. The game is afoot methinks ...

[currypasty] 05/6/2018 07:35

The
farm-out data room for all three Europa-operated South Porcupine licences will
open during mid-2018.

[jusmasel99] 05/6/2018 07:29

I can hear cries of 'Same Old ... Same Old...' from the myriad of pessimists on this board but there is now a very important difference with the release of this new CPR on our 100% owned FELs.

The majors who entered into the Porcupine in the last licencing round will have now processed the seismic they acquired last year and before. Any drill decision they make will have to be after they compare their prospects with ours. With a 1ikely 15% carry on an exploration well as the cost for a farm in their prospects will have to be slightly better than our to make it worth their while to ignore us.

It is fast approaching make your mind up time in the Porcupine .. Oil prices on the rise as well as Rig Rates .. if the majors are going to explore further now is the time to acquire the acreage they need ... and we have it.

Hugh says the data room isn't open yet .. maybe so but if one of the big boys wants a look now I doubt he will say no ..