Hague Ldn Share Discussion Threads

[bufala] 03/6/2017 07:34

Ok now we no who sold. Who did buy then?

[maxwell] 24/5/2017 10:50

Annual results plus when AGM to be held - need to know what they are giving
away just to continue.... Hopefully will be a proper company when complete.

[nosnibord] 18/4/2017 20:16

What are your thoughts on the proposed deal keya?

[keya5000] 18/4/2017 14:01

Been away while the fun happened.

Happy days.

[divmad] 10/4/2017 13:55

What I don't get, is, why pay 2x the EV and possibly 4x more than current EV on contingent payments between 2019 and 2021? Is that a "value" purchase?

[412069] 10/4/2017 09:33

Way way more x5 minimum.

[tradingmyplan] 10/4/2017 09:09

Hard to see a scenario where our shares won't be worth significantly more post re-listing.

[divmad] 10/4/2017 08:16

The CPR opinion will be key, as well as how this deal will be financed.

[gersemi] 10/4/2017 07:22

This type of E & P structure reminds me of SQZ. Self-financing CAPEX from non-operated, secure production assets...pity it's all gas

'The proposed acquisition comprises TEPN's interests in 12 licences in the Northern Area and a suite of interests in the JDA in the western part of the DCS. The acreage spreads over 2,878 sq km across 12 licences which generated total net production of 2,900 boepd in 2016. An independent CPR which will externally assess and describe the proved & probable reserves and contingent & prospective resources within the Licences is underway and will be published as part of the Admission Document.

Tullow Oil Group reported total revenues of $31.5 million from its Dutch assets in 2016.

There is significant planned and sanctioned capital expenditures ("Capex") for the Acquisition assets, which is in excess of total consideration in both 2017 and 2018. Capex would likely be funded by the operating cashflow generated out of production from the Licences within the current business plans.

The operating expenditures ("Opex") in 2016 averaged to be approximately EUR25/boe in 2016 with respect to the Licences and these are anticipated to be ca. EUR21/boe in 2017. There are currently no pending abandonment expenditures ("Abex") associated with the assets, however Abex obligations and potential financial guaranties are expected to be incurred in the future within the normal course, and ongoing of operations of the Assets. '

[gersemi] 10/4/2017 07:15

'collectively generated total net production of 2,900 boepd in 2016'...

That's interesting, very interesting. It will be more interesting to see how this is financed and what the market cap will be once the 'new entity' is released from its suspension

G

[412069] 08/4/2017 11:12

Dosent matter when it comes once it does this will be one of the msrkets little beauties that coukd grow into a nice sized profitable oiler.

[divmad] 07/4/2017 19:43

How about Monday morning?

P.S. I didn't say which Monday.

[nosnibord] 07/4/2017 19:36

I wouldn't count on it.

[tradingmyplan] 07/4/2017 16:35

Hopefully we get some news over the weekend.

[yourwrong] 06/4/2017 13:20

Most are wrong and only few are right

[nosnibord] 06/4/2017 13:12

"petty speculator" - Aren't we all?!

[yourwrong] 06/4/2017 12:58

Nosnibord petty speculator
Divmad, it sounds good.

[divmad] 06/4/2017 10:05

yourwrong,

This time you have lived up to your name. Should change it to "Imasmartass".

[nosnibord] 06/4/2017 10:03

yourwrong, you were just the first to publicly mention it my fiend. Some of us have been following this for a long time behind the scenes. Well done for being able to talk about the most obvious candidate though!

The issue with VDE, as Divmad says, is that it doesn't necessarily have production / near term production assets. The MOU clearly stated targeting such. This is why it isn't necessarily the target. It is also not potentially "meaty" enough for Engie to be interested.

[yourwrong] 06/4/2017 09:57

Van
D
E

The herd of philosophers arrives,..... Always after someone else

[divmad] 06/4/2017 09:56

A tie up with VDE would offer synergies between the two groups, but would not necessarily propel the F5 license application any faster through the Dutch energy dept. I'm hoping that after a deal is struck here, it will definitely show some near term production potential rather than yet another wait to get active.

[nosnibord] 06/4/2017 09:26

Oranje is pretty big. Not sure how feasible that would be at this stage. Though they focus on the Netherlands, UK and West Africa. Some synergies there!

Another contender is Tulip. Also going for blocks in offshore Holland.

VDE seems like the most obvious contender to me due to size and age of company/management. They also have a lot of experience in Holland (already producing?) and are competing for the same F5 block, which presumably would unblock the log jam in government approval if they became HNL.

Perhaps though, it's something completely out of the blue!