Falkland O&G Share Discussion Threads

[undervalued companies] 04/12/2014 13:56

Indeed Agna T

[agnabeya] 04/12/2014 13:37

purple - the filter button is your friend. Frees up a lot of wasted space.;)

[optrade] 04/12/2014 08:55

Riddler
Details Points: 120
Independent Resources (IRG)Elephant oilfield 133p per IRG share risked and 424p unrisked.
Some energy analysts say that growing domestic demand could eat up much of the increased output, leaving little for export.
But selling gas inside Tunisia is profitable too because prices are comparable to those on the international market.
“For us, whether we export or whether we sell domestically, it’s not the main driver for us, it’s the economics that’s the driver,” said BG’s Perks.
“We’re very bullish about the economy here. It’s been resilient to the financial crisis and so (we have) a growing domestic market, we’re looking to supply that market,” he said
- See more at: hxxp://www.thinkingalpha.com/forum/index.php?qa=1419&qa_1=independent-resources-elephant-oilfield-risked-unrisked#sthash.Yk0oaaFr.dpuf

[undervalued companies] 04/12/2014 08:40

John well what I can say is zebedee is 52% cos extension or butt of sea lion depending on which company you talk to with a nearby calibrated well which hit oil.

IMO this well will be a discovery at 40% interest and low Market cap compared to RKH I would have thought at least 75p around spud due to the high nature of success in that area.

I think some miss understand first well is not high risk it's low risk see PMO slide presentation. The higher risk wells in the south basin come later.

[purple11] 03/12/2014 17:40

blimey youre optimistic

nice to see though

hope 23/24p support holds

gl

[john09] 03/12/2014 17:14

This will rise into drill. It always has. As has every small explorer. I've bought today hoping to sell for £1 on hysteria. Seen it happen tonnes of times before.

25p in ... £1 out :) tis the plan. Let's see.

[purple11] 03/12/2014 17:13

rises into drilling....unless oil starts an uptrend cant be certain of that this time.

[john09] 03/12/2014 17:07

It sure why I've been voted down, the fundraise is not a deramp it's a fact and it needs stating, I just bought 200,000 shares today ...

As oil explorers share price rises into a drilling campaign they raise cash so at end of drilling campaign they can continue as a going concern. They did it last time

[john09] 03/12/2014 17:05

Yes but as the price rises you watch them fundraise. They won't want to get to end of drilling campaign with dry wells and no funds...

[agnabeya] 03/12/2014 13:43

John09 - aren't they are fully funded for the coming campaign?
If so - I can't see why there would be any fundraising at this point.

[john09] 03/12/2014 13:00

And hopefully no fundraiser which is always the danger with this small explorers

[ramayer] 03/12/2014 12:04

Back in here today, holding at least until the first drill. Hopefully there wont be any significant rig delays and oil price improves.

[agnabeya] 03/12/2014 12:00

shadukomaster - what on earth are you on about?
show me one post where I'm deramping.
I'm hoping the share price will drop - to get more shares as cheaply as possible.
What does your post actually mean? 'the price does not know you exist'?
That seems a bit nonsensical to me. Of CCOURSE it doesn't.
I will sell on the pre drill spikes next year once the fun begins.

If you want to hug and hold for the next 5 years - that's fine - knock yourself out.
But it begs the question - why are you even bothering with BB forums at the moment then?

[john09] 03/12/2014 11:45

Shakudomaster. I'm not a short term trader. I'm holding for the drill. Sorry for trying to but a large amount at the right price....

[shakudomaster] 03/12/2014 11:27

shory term trading leads to daily ramping and de ramping. make or lose money if you like but the price does not know you exist.angels dancing on a pinhead.there is serious money to be made next yearoops. now i am at it!

[agnabeya] 03/12/2014 11:20

shadukomaster - that's only a strategy if you are waiting for production. I certainly won't - I won't even wait for the drilling results.

I don't see any deramping either - but then I have certain people on filter. :)
You are right about the binary nature though - they drill - and they either find or not. It's a 50/50 shot.


John09 - nope - there isn't any max limit to online dealing trades - I've bought and sold various AIM shares at greater amounts than that - frequently.
The restrictions happen when availability/desireability is constrained.
I saw your trades - they marked them as sells - but that's because the share price was so close.

[purple11] 03/12/2014 11:15

gl with your plan.

[shakudomaster] 03/12/2014 11:07

They find oil and five years later it comes out of the ground.Forget about the oil price until we find some oil. Then forget it some more.Price now will be on success. Or failure.

[purple11] 03/12/2014 10:54

and wether oil is $40 or $100 makes no difference

sure.

[shakudomaster] 03/12/2014 10:30

I filled at this or that.The rig comes. They drill. They find. Or they dont. Simple.

[shakudomaster] 03/12/2014 10:24

lot of de ramping bo.....ks around today.