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INFT Infinity Eng.

0.14
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Infinity Eng. LSE:INFT London Ordinary Share LU0726886947 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.14 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Infinity Eng. Share Discussion Threads

Showing 626 to 648 of 1300 messages
Chat Pages: Latest  28  27  26  25  24  23  22  21  20  19  18  17  Older
DateSubjectAuthorDiscuss
20/4/2017
07:26
Looks like more buying at this level. One day it Wollaston not retrace
letmepass
19/4/2017
12:48
Australian firm sells Welsh shale gas exploration licence for £10m An Australian company has agreed to sell the shale gas and coal seam methane exploration licences it holds in Wales as well as parts of England for £10m. Perth-based Eden Energy announced to the Australian Stock Exchange that its entire UK portfolio would be sold to unlisted UK public company Shale Energy PLC. If completed, the sale increases the prospects that full-scale fracking operations will soon begin at sites in Wales. The controversial extraction technique involves detonating explosives deep underground to release gas locked in rock. Eden Energy shares licences to explore about 1,000sq km in Wales, stretching from Swansea to Llantwit Major, with Bridgend-based Coastal Oil and Gas Ltd. The conditional heads of terms deal is worth £10.061m. The deal consists of a cash payment of £750,000 and £6m in shares of Shale Energy, which is planning to list on the AIM market of the London Stock Exchange. The £3.25m balance will be payable in two equal tranches of £1.62m on the independently verified best estimate of recoverable gas of 500 billion cubic feet (bcf) and secondly when the estimate reaches one trillion cubic feet (tcf). The sale comprises Eden's 50% joint venture interests in 17 Petroleum and Development Licences (PEDLs) in Wales and England and its 100% stake in a further three PEDLs in Wales. In June 2011, Eden Energy commissioned US consultants RPS Group to investigate the potential shale gas reserves in the numurian measures of about 800sq km beneath Wales. RPS Group found the region could hold 34 trillion cubic feet of gas, of which 12.8 trillion cubic feet is classified as recoverable. If the estimates prove correct, the amount is equivalent to four years of the UK's gas consumption. In 2009, the UK used a total of 3.6 trillion cubic feet of gas. https://www.google.co.uk/amp/www.walesonline.co.uk/news/wales-news/australian-firm-sells-welsh-shale-4026644.amp
tidy 2
19/4/2017
12:04
Who wouldn't want a few K of these with the enormous potential in the pipe. Full RTO imminent and if the research goes as planned we will Soon have 18 tcf recoverable to contemplate and post our dreams to come true.
tidy 2
19/4/2017
11:54
The last piece is if it's actually done.looks like last minute plans taken so long to tell us it's now a shell amazing news.juat hope they don't raise more money before anything concrete is done
mally6
19/4/2017
11:11
No brainer. The Welsh assets are too big to just put in the books. It would constitute an RTO. The last piece of the jigsaw is made official.
phil1969
19/4/2017
11:06
Infinity Energy S.A. - Update re StrategySource: PR Newswire (US)Infinity Energy S.A.("Infinity" or the "Company")Update re StrategyThe Company has recently raised £1.1m in equity from new and existing shareholders and its outstanding loan note has been converted into ordinary shares. The Company therefore has approximately £1m in available cash resources, in addition to its £150,000 investment in UK Methane Limited, held through Gas Exploration Finance Limited.At a board meeting of the Company held last week, it was decided that the Company should cease its investment activities and instead to focus on completing a suitable reverse takeover transaction as soon as possible. In particular, the Company is investigating a number of potential reverse takeover candidates in the oil and gas sector. As a consequence of this Board decision, the Company has now become an AIM Rule 15 cash shell, which means that the Company must make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM Rules by 12 October 2017, otherwise the trading of the Company's shares on AIM will be suspended. If the Company has not made an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM Rules within six months of such suspension, the admission of the Company's shares to trading on AIM will be cancelled.This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.For further information, please contact:Infinity Energy S.A.Gerwyn Williams Tel: +44 7889 677 397NomadCairn Financial Advisers LLPSandy Jamieson / James Caithie Tel: +44 207 213 0880Joint-BrokerWH Ireland LimitedPaul Shackleton / Nick Prowting Tel: +44 207 220 1666Joint-BrokerPeterhouse Corporate Finance LimitedEran Zucker / Lucy Williams Tel: +44 20 7469 0930Copyright l 19 PR Newswire
tidy 2
19/4/2017
07:23
Well st pouring cash back into shalehttp://www.zerohedge.com/news/2017-04-18/wall-street-pouring-money-back-shale
tidy 2
18/4/2017
10:33
Paperwork is on the table !
tidy 2
18/4/2017
10:33
South Wales3/4 wells to be drilledSomerset 3wellsDorset 2wellsOur CEO assetsChoose them wisely1p minimum targetCheers for the info Alex
tidy 2
15/4/2017
11:30
Meet the man desperately trying to frack the South West - By Lorna Stephenson on 26th January, 2017


paragraphs at random:

[Gerwyn Jones] But though gas projects in the region have been slow to get off the ground, there’s still the risk that oil prices could rebound enough for the ‘dash for gas’ to accelerate. In this case, there could be more impetus for companies like South Western Energy to push through with their plans sooner rather than later. Watch this space.

[South Wales] Williams talks of his successful exploration wells in Wales, along with the planning permissions he holds for others, as evidencing his success.
Coastal Oil and Gas and UK Methane won licenses in a previous licensing round in 2008.
But it’s not been plain sailing. At least three applications were rejected, with Coastal Oil and Gas appealing each decision.
The company dropped out of one, in Llanharan, but pushed forward in getting others overturned.
In Merthyr Mawr, Bridgend, the planning application was rejected then passed on appeal at Public Inquiry.
The council had to pay COG’s costs of £40,000, leading one councillor to comment, “We will have to be very careful when considering similar applications in future”.

Oil and Gas Authority

noirua
14/4/2017
13:44
Cheers mate. From the group?
tidy 2
14/4/2017
11:53
Tidy2,Answer to your 497Bed&ISA£50k chunk
alexios1201
14/4/2017
11:26
Note the targets are unconventional CBM, Shale & conventional. 50 tcf is only part of the resource http://www.senedd.cynulliad.cymru/documents/s14805/Papur%201%20Saesneg%20yn%20unig.html?CT=2
tidy 2
14/4/2017
09:48
Minutes from Welsh committee ""Q105 Chair: Did you say 50 trillion cu ft of shale gas in one set of shale in one part of Wales? Gerwyn Williams: Yes. Chair: We use about 3 trillion cu ft a year in the whole of the UK. Gerwyn Williams: Yes. We worked on 3.5 trillion cu ft, and they estimated that 18.7 trillion cu ft is recoverable. That is just the start of it all. Q106Chair: That is just one small part of one set of the shales. Gerwyn Williams: Yes. That is just one part of one set of the shales." At the moment, we are focusing on exploration. We cannot really answer your question until we do the exploration work. We have another set of wells to drill; one in Swansea, one in Port Talbot, four in the Vale of Glamorgan and one near Llantrisant. They will give us a much better picture. The Vale wells will give us a better picture of the potential for conventional gas in the Devonian measures. The Llantrisant well will give us a better picture of numerian shales and the eastern wells will give us a better picture of Silurian potential, which has not been drilled. So, I suppose that the answer to your question is that there is an enormous amount of gas in south Wales. I have spent my life in the mining industry. I worked for 22 years for British Coal and then in private mines; they have all gone, but the energy source is still there, and in my view, we should be exploiting it.http://data.parliament.uk/writtenevidence/WrittenEvidence.svc/EvidenceHtml/4032
tidy 2
13/4/2017
22:10
Sentiment is strong here .Any RTO and it could go up 10 fold in my opinion at least.
glenbo1
13/4/2017
20:02
Alex do we know who the large delayed trades belong to from yesterday?
tidy 2
13/4/2017
20:01
Expand Alex ... thumbs up !!
tidy 2
13/4/2017
18:09
"Paperwork is on the table"
alexios1201
13/4/2017
18:08
Not applyingGerwyn has permits in place to drill 3/4wells(if my memory serves me right)PEDL148 explo gas well(need to confirm this one)PEDL214(LNG) PEDL215 PEDL216(Devonian shale)
alexios1201
13/4/2017
15:19
The area contains about 50 trillion cubic feet of gas, of which 18 trillioncubic feet is recoverable, say experts in Texas. Enough to meet Britain'sneeds for six years.His firm has already drilled six test boreholes for coalbed methane gas. Nowit is applying for plans to drill for shale gas too.To fund further drilling, Gerwyn is floating one of his companies. Bring on the RTO Gerwyn.
tidy 2
13/4/2017
15:16
And take note GW's gas has produced previously when it's by product was used for power generation. The resource really is massive. 18 tcf recoverable from 50 tcf. GW says this is conservative
tidy 2
13/4/2017
12:30
Looking good plenty of buying.
tidy 2
12/4/2017
12:29
Hence GW's confidence to the market. He knows his gas flows. 18 tcf recoverable is 18 to 36 times more than what sou may have. Yes they want more but GW has it a stone throw away in the Welsh hills.
tidy 2
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