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

[christy41] 17/2/2020 12:09

Thanks for posting Tommy..

[jusmasel99] 10/2/2020 11:53

actually probably this - didn't notice it hxxps://www.dccae.gov.ie/en-ie/natural-resources/consultations/Pages/Application-for-consent-for-offshore-survey-and-replacement-works-Corrib-Well-P6-by-Vermillion.aspx

[jusmasel99] 10/2/2020 11:52

Corrib partners plan Capital Expenditure this year of $15m (from Vermilion presentations) up from annual $5m budget. Could be on this : Future development opportunities include reperforation of bypassed pay in existing well bores, side-track of existing well for infill, compression optimization and exploration potential (Corrib Deep)

[currypasty] 10/2/2020 09:49

up today! only ask, but no trades showing yet

[enfranglais] 09/2/2020 14:56

M Cap not much more than twice cash & with Wressle approved, it should not be long before they will be in 6 figure profit per month!!!!!!!!!!!
What on earth will be the turning point in this slide to oblivion or will the facts start becoming obvious to all at some stage!!!!!!!!!!!

[hermana3] 05/2/2020 21:07

One of the oddest RNS seen lately. Utter codswallop....

[dunderheed] 05/2/2020 17:07

Absolutely - the model so far appears to be grab what's going.
Run the seismic then get partner in to re process (if lucky?) then abandon for low cost.
Unless we get results or decent acreage what's the point of this "low cost model"?
It doesnae appeared to have worked for what last 5-10 years?

[thetoonarmy2] 05/2/2020 16:53

Loved the bit from Simon I'd die in RNs about the abandoned prospect he says it's a good example of how they worked a lot cost option ?? Yes so they buy the abandon it he seems to think that's good what a muppet.

[currypasty] 05/2/2020 15:10

appoint a new and deal hungry CEO, current board members buy some shares in the market, get Wressle fast tracked, and we have a chance of salvaging something

[christy41] 05/2/2020 14:17

So we now sit at a 7.5 million m/cap.
Just under 3 million in the bank. Currently around 1.7 million in revenue
and within the next few months should be on our way to achieving 3.5-4 million a year.
Sentiment at an all time low.

[dunderheed] 05/2/2020 07:30

I can remember getting continually castigated and accused of posting drivel merely by stating if Cairn ain't progressing this quickly then it's "probable" they ain't interested as Cairn do seem to chase prospects and drilling etc like an excitable doggy if they see something they like!
All imho of course.

[dunderheed] 04/2/2020 20:03

hermana - I think we know who was the grand chief architect of this situation!!

[hermana3] 04/2/2020 19:56

Hughie come back all is forgiven...

[bountyhunter] 04/2/2020 19:49

Glad I'm out now, when the price was 'wressled' up I began to wonder, but for some reason that hike was not maintained. Haven't been following closely enough to have any idea why.

[laptop15] 04/2/2020 19:33

What's the cash situation here guys and news due?

[dunderheed] 04/2/2020 13:04

EDIT - thanks Curry for looking that up.
Did they pay for ALL those shares i.e. open mkt buys?! Not that with that volume it makes a jot of difference.
Are they in closed period now - I don't see why - as the mkt and them are in exactly the same position with regard to information dissemination?

It's CCF that I feel for - he's seen his holdings drop so so considerably when he was "pushed out" (imho) supposedly for treating EOG as a lifestyle company - and we end up with this situation - LOL!!
Then there are mugs over on LSE openly criticising him for merely questioning the "strategy" who havnae a clue about the O&G industry - which must be particularly galling considering the "value accretion" during that period.

None of the above "helps" the current share price of course.

All imho and dyor of course.

[currypasty] 04/2/2020 12:37

as far as I can see, and please correct if ive got it wrong, the last director share holding rns was after the placing in 12/2018





Simon Oddie 250,000 Nil 500,000 0.11%

Brian 250,000 Nil 250,000 0.06%
O'Cathain


I cant see anything for other director, so total of all current directors holdings is 750k, or £12k


directors salaries are not specifically mentioned in RNS or on their website in results . All I can find is Administrative expenses (811)

[currypasty] 04/2/2020 11:24

Directors must think the same.. they only hold a handful of shares between them now hugh gone

[minfeus] 04/2/2020 11:12

Ditto that sentiment......

[dunderheed] 04/2/2020 10:40

Me neither.