Falkland O&G Share Discussion Threads

[pistonbroke1] 14/12/2015 17:01

Someone who attended the general meeting today got it from RKH Board of Directors.

[agnabeya] 14/12/2015 16:52

I see the other BB are claiming more BOP failures as a certainty.
Is there a credible source for these claims?

[p@] 14/12/2015 14:46

WOW-people just seeing the discount to RKH bid.

[oilbandit] 11/12/2015 23:24

ha i love ya chris...but im not blowing any kisses.....im just numb all over mate and flabbergasted at how all this has disgustingly played itself out?

it could go iether way...however it now seems on the cards that fogl will now end up becoming rockhopper as did desire became fogl and we have all ended up called rockhopper....bizarre or what?

predictions of oil prices for 2016 i feel a rise simply because of war.

also ive always believed that the falklands will eventually become an oil province especially now theres also been a new president in argentina.

surely all this cannot go to waste after all companies involved and research efforts for it would be such a tragedy and injustice for i have been holding onto my dream for 17 years and i will not sell until oil is eventually extracted and i reap my well deserved rewards.

i lost 50 k on the oil to water scenario regarding desire therefor i have no choice but to sit and wait.
i was 38 years old when i bought into this farce and im 55 in the new year.
and i have my walking stick already made and waiting......

now thats patience for ya dont you agree chris.

hats off to all holders....i feel for you all i really do.

r.n.s.....or is it....r.i.p


bandit....beaten but not out.

[christy27] 10/12/2015 01:05

Bandit: this is bizarre cos, as you say the purchase is pretty certain to go through at 10.7p........so what a bonkers thing to do and sell at these daft prices.

I could be wrong, but could the OPEC/USA/Russia game have more than one financial motive.......more towards steering certain behaviours with a longer term aim/gain in sight.....than immediate greed.......If I am right it will almost certainly backfire and we'll have a rampant "go" after the "Stop" fails to oblige; mainly because of pig headed intransigence, At that point or shortly after we will gain from our patience.

Additionally the damage being inflicted on renewables by the current poo will make oil demand much greater for a decade or so, when the big money decides "expansion" will solve their problems, following loads of war destruction, and the rebuild opportunities this brings.

Or.......until social media inspires enough people to resist being ripped off and manipulated by the energy utilities, ultimately global warming will remove some options, we can't go on messing up the climate, nature has a way of punishing even the cleverest.

Miracle tea all round then!

[buywell2] 09/12/2015 22:35

buywell2 11 Sep'15 - 15:11 - 38321 of 38393 1 2

I have a feeling some folks are going to lose a lot of lolly in what will be later called

'' The Falklands OIL Folly ''

written by
buywell2 Ink AD2015 copyright

[chinahere] 09/12/2015 19:54

Yes, I agree with that at 6.95p.

It's still adrift but not as much as I suggested. sorry lol.

[thaaarg] 09/12/2015 18:58

FOGL 6.95p bid divided by 0.2993 = 23.22p RKH equiv.

[chinahere] 09/12/2015 18:26

Yes, I make the FOGL close price equal to a post-deal 19.9p RKH share. RKH are actually at 26p or 30% more !

Is there such a risk that this deal will fail?

[investment dave] 09/12/2015 17:59

Rkh up 9% this should be moving up

[investment dave] 09/12/2015 13:30

could rebound fast from here

[p@] 09/12/2015 10:56

I make it 10% cheaper to buy this ,than RKH ,on the bid terms!

6.5p-25.75p

0.3x25.75=7.7p on bid terms.

[edjge2] 08/12/2015 21:19

Hocus pokus suggests low price for lengthy time. So cheap more demand stimulated and producers explorers desisted.
2016 pop up might just happen as might $30 bust.

[jimduggan] 08/12/2015 20:10

When it hits 3p I may lump in

[chinahere] 07/12/2015 23:15

Around January after the two companies have voted whether to accept the deal.

[barvin] 07/12/2015 22:19

When is the FOGL/RKH merger due/expected to be completed? RKH shares issued to FOGL holder etc?

[chinahere] 07/12/2015 19:29

This is a great opportunity to get in cheap before any oil price rise.

[casino444] 07/12/2015 15:56

7p says it all really don't you think

[chrisc168] 07/12/2015 11:20

RKH don't want to buy us either.

[whoppy] 07/12/2015 10:27

Looks like everybody in FOGL has lost big time. Even after Humpback result it's kept on falling. Oil next year will probably go sub $20. Back to the old days of when oil was $10 a barrel and they abandoned drilling in the Falklands.