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

[christy41] 01/9/2021 11:51

Yes, thank you for posting...very promising.

[currypasty] 01/9/2021 11:37

thanks Tommy/twitter

[tommy241] 01/9/2021 11:16

Courtesy of Twitter.. new additional storage tanks at Wressle

[suetballs] 01/9/2021 11:04

Sold my bombed out ccl and put the money here.
Hopefully moved from bottom drawer to maybe some short term potential.
As Jus says the results may provide some cheer!
Suet

[jusmasel99] 01/9/2021 08:31

Results next week or the week after will be the first opportunity to reveal how much is actually flowing (and flowed up to 31/7) Should be the first real positive set of annual results for some time.

[guesswhosback2] 31/8/2021 10:30

I bought another 300k on Friday. Looking good for a re-rate

[sarkcosy] 30/8/2021 18:39

lucky...i don't think you are wrong there!!

[luckyabbeygale] 30/8/2021 14:56

The same idiots was marking down Stella Diamonds when I kept on saying how good they are a few years ago. They then got taken over for over double the share price. Over 70 percent was negative on here. By rule it makes it a better buy on ADVFN when more are negative than positive.

[sarkcosy] 29/8/2021 06:59

Tremendous buying opportunity after the BS'ers have shaken the tree. Value will emerge quickly.

[sarkcosy] 29/8/2021 06:51

It's a tremendous buying opportunity now in my view. Just ignore all the BS knockers trying to shake the tree out. Don"t let the animals get your stock cheap.

[nash81] 28/8/2021 23:01

patient needed here. good news is its definitely higher than 500bopd

[currypasty] 26/8/2021 12:30

here you go luchan..





"As far as I can gather this result was significantly better than expected and the proppant squeeze was highly efficient and while still cleaning up that might give a clue to how big this might be. Indeed with a combination of bigger and better facilities maybe such as a separator and of course distribution it could be well in excess of this test rate."

[luchan007] 26/8/2021 11:16

hxxps://www.malcysblog.com/2021/08/oil-price-ujo-egdon-europa-hunting-president-prospex-and-finally/

MGW's conclusion refers to the RNS released this week not being definitive and awaiting final results explaining why sp's of Wressle stakeholders have not taken off as expected.

Link didn't work, but you should be able to find it on the net easy enough.

Luchan.

[currypasty] 26/8/2021 09:33

under £8m mcap, yet at 500 bopd, which they have stated is now achieved, that gives eog £2.5 mil cash a year after extraction costs.


It seems to me that eog is ridiculously under priced, but there must be a reason in investors eyes why. The obvious conclusion is that PI's, the investment community, institutions do not trust the management to use this money wisely.

There has been much talk of 're balancing' and yet we have seen nothing concrete since it was first muted at the start of the year. Indeed the comments on the purchase of a 'north sea asset' have gone down like a lead balloon.

Irish assets have gone quiet, and we have no update or feedback via rns on the Morocco farm out launch. As we have seen to our cost, management enthusiasm on projects does not always tie in with what industry and funders think.


When you look at the shareprice and the value of Wressle alone you have to wonder what will be required to get value for shareholders .. some major changes I think!!

[dunderheed] 25/8/2021 11:05

11312 - wasn't that how Hughie updated everyone regarding "the major", lol?

Guys ffs, I'm not passing any judgement about this BOD but when you think about what they were left with and cash resources they haven't done that badly?

Of course I'd just stick a lawyer or accountant in charge and return all excess funds to share-holders or at least try to progress consolidation of the smallie UK onshore players (but likely to be difficult with the relative ego's involved?) than chase any more dreams but you never know if they can get a UK N sea deal - there are or have been good ones "about" without too much further dilution then that's not a bad thing either?

Just saying like and as ever all IMHO and DYOR of course?!

[slicethepie] 25/8/2021 08:22

Odd Simon announces a potential deal via a numpty pi interview ...quality !

[guesswhosback2] 24/8/2021 18:36

What's the big secret? It really won't be that good a deal. Same old waffle.

[currypasty] 24/8/2021 17:24

2.5 million dump... well done S.O. left overs from placing ?

[ohisay] 24/8/2021 15:54

Yes ..likely another placing coming at some point for their next 'project' ..

[currypasty] 24/8/2021 13:35

oh dear

" 3rd leg, north sea, advanced stage "


what a nightmare this share is

[ohisay] 24/8/2021 13:23

Weakness in the price ? ...Its because Oddie has come up with another hairbrained idea in the North Sea - see the proactive interview.