Independent Oil & Gas Share Discussion Threads

[eggbaconandbubble] 07/9/2020 11:01

I'm looking for 2p but I ain't gonna get it!

[anley] 07/9/2020 10:28

So am I as there will be no more licenses issue d by the Oil&Gas Authority until 2023. What happens in the meantime is license swapping with partners or if you like a consolidation of what should and is going on in the North Sea..............it will be interesting to see how all this shapes up in the next year. IOG have cash in the bank to develop thier portfolio but the boaring aspect to investing in this sector is TIME and in this case there is still some time to go before the drill bit starts. I am looking at 12p to buy in again but it depends on news flow.

[dunderheed] 03/9/2020 12:33

Yes good complementary assets - am happy they are building this inventory, imho.

[anley] 03/9/2020 11:44

So what do you think?

[dunderheed] 03/9/2020 11:02

They already have at 09.00?

[anley] 03/9/2020 10:07

The price increase this morning may be a reflection on the fact that IOG have 2 new licenses in the area they wanted...........infill stuff and I am sure they will be informing shareholders how thrilled they are!!

[bbluesky] 27/8/2020 23:14

Presumably CalEnergy Resources.Warren Buffet has said that he wants more natural gas exposure and has tipped his toe in the water here, so far. I would also think that given the size they need to make any impact on their funds, they need to be buuy.buy.buy #1.Thames Pipeline is the vertebrae

[william_quinn] 27/8/2020 17:40

Thanks anley.I see it is LOG, currently in administration. Wonder what the next move will be?

[anley] 27/8/2020 15:40

Still months to go before the drilling action starts so no need to buy in a hurry. There is still a 29.9% holding stake hanging around and at some stage in the future that will need to be delt with. Anyone not farmilar with this should take a look and do some research......

[matt123d] 14/8/2020 20:57

Added here the last few days. Volume has been gradually building and it isn't easy to buy. Looking for high 20s.

[jimmya1986] 13/8/2020 15:20

I'm a LTH with an average price of 14.5P - nice to see positive movement and half tempted to take my stake out to put elsewhere as not currently investing in this sector, but overall a relatively small part of portfolio so will continue to hold and see where we go

[marvelman] 13/8/2020 15:09

Online buying closed down virtually all day again. I am sure (if anyone is left here) there would be a temptation to take profits after a 20% plus rise in two sessions but somehow I do feel few are taking the bait.

[marvelman] 13/8/2020 07:24

Seems to be some momentum over the past two sessions and some fairly decent sized trades. Certainly worth bearing with this share for a while longer yet.

[yellowdog] 06/8/2020 13:11

Yeah could be dead money for the next 12 months but I think they have applied, with Buffett, for more Licences in the 32nd round. Success there and a well financed partner could ignite the share price.

[anley] 01/8/2020 10:56

Reading the time it will take then next year sometime in H2 2021 we might have drilled. What are the shares going to do in the meantime?

[edgar222] 31/7/2020 11:16

Dead here. No one else watching IOG quietly get on with it?Very happy to hold and will add when I can.

[eggbaconandbubble] 10/7/2020 10:49

What's occurring Tel?

[marvelman] 10/7/2020 10:05

Its been hard to get stock for days now. Whether its related to the RRE takeover....or something else (hopefully)

[dunderheed] 10/7/2020 09:18

Nice to see on this relatively unexciting day. Small volumes but ... little acorns?

[burtond1] 06/7/2020 12:38

Today, Viaro Energy has reached agreement with #RRE to acquire the entire share capital.Here, @DDS_DocHoliday catches up with @mgrahamwood to discuss this and other potential deals...#LBE #SLE #SQZ #CERP #BPC #SOU #JOG #IOG #SAVE #ADME #PRD #PPC #HURhttps://total-market-solutions.com/2020/07/06/malcy-talks-oil-gas-xxi/

[bbluesky] 06/7/2020 12:13

Warren Buffet's $10bn purchase of Dominion Energy's natural gas assets, shows he is serious about the sector. With a toehold in IOG (too small to make any difference to Berk Hath): watch this space.

[anley] 18/6/2020 16:53

Remember the current M/Cap is £57m................is that fair value?