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

[spangle93] 21/11/2019 09:30

I'm not sure, DH

This was what I saw as key "The decision to appoint a new Chief Executive Officer reflects the Company’s strategy to diversify its asset base by adding new ventures in the appraisal/development part of the business"

In other words "Ireland is going down the toilet and so we need something else to write about to justify our salaries"

The first example of Odd-talk?

[dunderheed] 21/11/2019 08:36

The only thing I can think of is that "someone" can (potentially) get the farm out done but they dont want Hugh in charge and that was potentially holding this up.
Or else it has suddenly become blindingly obvious to the BOD the Irish strategy is not leading to anything at all and the "future" is Morocco? (LOL, even less likely than Ireland imho).
As ever all imho but also interested to hear any "stooges" opinions on this?

[cheek212] 21/11/2019 08:18

The price for failure or getting all their ducks in a row, ready for a buyout? Time will tell.

[oilforex] 21/11/2019 08:17

Hughie going and it goes down? Who'd have thought. Time to break open the Christmas Bucks Fizz early...

[currypasty] 21/11/2019 08:05

who knew yesterday then?

[dunderheed] 21/11/2019 07:49

Hermana I should add, the term doing a Hughie will live on well past this chaps tender, as I am sure Simon will be doing a Hughie soon.

[dunderheed] 21/11/2019 07:47

Well as forecast a couple of years ago when these two were brought in.
What a complete mess and waste of 8 years.
Let's hope this is prior to Inishkea news but doesn't look like it as surely he'd have waited?
Great.
Now we can look forward to "Simon says..."
All imho and dyor of course.

[hermana3] 21/11/2019 07:21

No more "doing a Hughie".....

[suetballs] 21/11/2019 07:12

Hugh gone.
Suet

[currypasty] 20/11/2019 14:07

nearly 3 million traded today, mainly buys yet price down.. is there a big sell to be shown later.. If so why now and not wait till wressle?

[currypasty] 20/11/2019 11:06

can anyone work out the trades / price today?

[dunderheed] 19/11/2019 10:55

But of course political / environmental risks were included on the EOG corporate risk register with an allocated expectation (plus expected financial impact) - all of which would have affected the "expected probable share price sheets" (or whatever they were called and that "seemed" to have "incredible" expectations) so its all fine - as the "management" will have had a "plan" for such eventualities.

On a serious note, Vermicelli resources certainly aren't a major and they were who I had tagged for such a farm in anyway? This environment will not help the Hugh's negotiations though of course but, they'll probably come in as "white knight" and "save" the day for EOG (and of course BOD!)

All imho, dyor etc etc.

[currypasty] 19/11/2019 10:31

thanks tommy

sound a bit negative. I would have thought with 40% supply due to fizzle out, a replacement would be quite urgent!

[tommy241] 19/11/2019 10:23

“Ireland’s key asset, the Corrib gas field, is expected to peak in 2019 and then embark on a path of terminal decline. Corrib currently feeds roughly 40-45 percent of Ireland’s gas needs. Thus, Ireland needs new additions to keep its gas segment alive – it was believed that the Inishkea prospect, expected to contain up to 1.5 TCf of natural gas, should supplement Corrib with a 2021-2022 startup date. Inishkea is located next to Corrib, making infrastructure issues less of a problem than usually for Ireland’s offshore. Despite all the above, the license operator Europa Oil and Gas has been seeking farm-in partners to the project for some time already (the FEL 4/19 block is fully held by the company) and it might happen that against a worsening internal environment no major would agree to a participation scheme.”

[dunderheed] 13/11/2019 09:51

The wonders of mismanagement of assets and imho, market distrust of talk... more talk...more talk?!

[christy41] 13/11/2019 09:38

MM's trying to make a market?, doesn't appear to be any buys or sells on either share unless delayed trades appears shortly.The wonders of the AIM market

[currypasty] 13/11/2019 09:16

egdon up, Europa down.. what gives?

[enfranglais] 12/11/2019 20:03

Looking forward to an Early Xmas present from EOG & as the odds of a favourable opinion on Wressle must be about 10 to one on, cannot see why this should not start moving nearer to the election date & at least doubling in the next 3/4 months!!!

[dunderheed] 08/11/2019 13:05

I think its normal practise for them to agree costs prior to potential award as long as they deem "fair".
This doesn't mean they will be awarded however if they are awarded then this amount will be used rather than the potentially higher amount claimed by complainant or a potentially arbitrary amount applied by the judge if he determines the complainants amount too high.
Hence in the circumstances costs may be awarded it "limits" this to the pre-agreed amounts between each party.
All imho and dyor.

[christy41] 08/11/2019 12:53

No problem....good to hear about costs and have clarification on a few other points.

[currypasty] 08/11/2019 12:24

thanks Christy.. hugh says council accepted request for costs..

[christy41] 08/11/2019 11:47

An update from Hugh...