Falkland O&G Share Discussion Threads

[trulyscrumptious] 05/9/2014 14:25

Maybe ADVFN have not updated the old 320m figure yet but the share price is moving up. nicely.

[imperial3] 05/9/2014 13:52

FOGL have over 533 million shares in issue,not the figure quoted in their financial information.

[trulyscrumptious] 05/9/2014 12:18

At last some sane people here!

[gunsofmarscapone] 05/9/2014 11:29

Please remember that Argos entered the FI with a greatly preferential licence to fogl/bor/rkh. The licence fulfilment requirements are hugely more lenient and that is the primary reason why the board were able to reject a "skunk" of a deal during the Sea Lion appraisal.

Personal price target on takeover of £4.50-£5.00 dependent on oil or condensate discoveries next year. Will be very interesting to see the batting order for the well programme, I'll punt that the northern targets ie Hersilia are the priority given Noble are attempting to increase their liquids portfolio. Next will be the Darwin analagous prospects followed by the (riskier but elephantine) Diomedea prospects.

All good fun! anyone else buying Bowleven sub 40 btw? Picked up several tranches low 30's anyway. GLA

[shakudomaster] 05/9/2014 11:03

Only share in the blue.

[imperial3] 05/9/2014 10:08

As we move closer and closer to the drilling programme,retrenchment back to 24p or so,will become increasingly unlikely.Those that hold back waiting for those sort of prices, will have missed the boat,as momentum gathers.

[purple11] 05/9/2014 01:16

thanks alex ill take a look in morning.

[alex hawk] 04/9/2014 21:24

Purple11 PLE worth a look at sub 10pCould be easy 50-100% for limited downside. Looking to trade that over 2 weeks before looking for entry in FOGL.

[matt123d] 04/9/2014 16:59

Well it couldn't hold the top of the triangle break and now back inside. Gives those that took profits at 33p an opportunity if it can test 30p tomorrow.

[purple11] 04/9/2014 16:41

sure you will.

[milliecusto] 04/9/2014 16:23

I ll buy at 20-25 pence thanks, thats a certainty.

[purple11] 04/9/2014 12:31

no it wont.

but thankfully they'll be plenty of ppl like you for me to offload mine into at the turn of the year!

now,wheres that 3d?

[milliecusto] 04/9/2014 12:24

No drill to 2015 so don't understand the rush to buy, will tread water till the turn of the year

[granny7] 04/9/2014 12:02

ARG are just a bunch of fence sitters....FOGL/RKH and BOR are the prime movers and shakers in the area!

[efagie] 04/9/2014 10:11

don't necessarily agree to arg v fogl. it seems missed that fogl have some 4% of sealion as it stands. some what? 10% to 15% of casper and some 40% currently of casper south.

[colinvest] 04/9/2014 10:08

shanieboy01: Can't say for sure, but a nod and a wink from a prospective partner or drilling programme would light the touch paper! Results and/or statement due this month ...

[purple11] 04/9/2014 09:53

good luck with it colin-were all trading it one way or another:)

[shanieboy01] 04/9/2014 09:33

Has arg got a partner or drilling program yet.

[colinvest] 04/9/2014 09:21

Agreed purple11; and waiting for sub-30p again, even 28p, to let excitement dissipate, while building position in neighbouring ARG where the mkt.cap at £28m. is 1/4 of FOGL and has more potential to double (or more!) .....!!

[purple11] 04/9/2014 08:21

im interested in catching the full move,that takes time. not interested in 20/30% on this play

(did you manage that selling at 31 from 27.5...? 12% is good swing trade but once it goes into the next trade can be lost quickly)

will you buy back in once cashed?all to easy losing the real moves for early profits.

its the large moves that take you ahead.

quite happy to wait a couple of months.

the price will be higher than 33 when the rig rolls into view.the breakout has been achieved which has bought the interest into the stock.

we all play our own game.atb

[colinvest] 04/9/2014 07:51

Agree with millioecusto; matt123D; nd purple11. FOGL well over-extended and need pullback to strengthen the bull-case. ARG is the alternative, with less downside risk, and could even be the next RKH.

[colinvest] 04/9/2014 07:51

Agree with millioecusto; matt123D; nd purple11. FOGL well over-extended and need pullback to strengthen the bull-case. ARG is the alternative, with less downside risk, and could even be the next RKH.

[liam wilson] 04/9/2014 07:18

VIDEO Zak Mir takes a charting look at some of the trending stocks of the moment, AFRI, BLVN, FOGL, LGO - Today, 7:16 AM

[imperial3] 03/9/2014 18:55

Whichever way you look at it,this share is now on the radar of investors,the interest level is there,which can only gain momentum,as we come closer to drilling.

[purple11] 03/9/2014 18:31

yaaaawnnnn....

let it backtest 28 forward test 36 do whatever,let it play out


its broken out,just signalling thats its in play-run your winners itll be at far higher prices in dec

add on any weakness and wait- gla