![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Iofina Plc | LSE:IOF | London | Ordinary Share | GB00B2QL5C79 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 23.00 | 22.50 | 23.50 | 23.00 | 23.00 | 23.00 | 48,055 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 42.2M | 7.87M | 0.0410 | 5.61 | 44.13M |
Date | Subject | Author | Discuss |
---|---|---|---|
18/3/2014 10:59 | Back on the Montana exploration interest. I notice the area of interest is sandwiched between the Fresno reservoir and two wildlife refuges, the UL bend and the Bowdoin. The Bowdoin is mentioned by IOF re the USFW rights swap. If that area in Blaine county does open up as an oil production area, then I can see IOF would be well placed as a water supplier, as I understand the area has limited water. Longer term stuff but interesting potential. | ![]() superg1 | |
18/3/2014 10:53 | What sort of hat is it? Clowns? | nixonpaul | |
18/3/2014 10:38 | fancy a little bet on that, shonny lucas? | ![]() neddo | |
18/3/2014 10:08 | Another pathetic day for IOF I see. If this ever sees £1 again I'll eat my hat. | shonny | |
17/3/2014 21:18 | Excellent work SG, thanks | ![]() rogerbridge | |
17/3/2014 14:18 | Thanks, SG. | writz | |
17/3/2014 14:17 | Writz News on their website from 13th Dec 2013. Picked up on from more recent news. Here are the relevant bits-: Calgary, Alberta December 13, 2013. Montana Exploration Corp. ("Montana" or the "Company") (TSXV:MTZ) is pleased to announce preliminary results of the three vertical exploration wells it has drilled with its Denver-based joint venture partner in Blaine County, Montana. 'All three vertical wells encountered live oil in the Shaunavon formation and provide strong encouragement to Montana to proceed with a commercial program to develop the Shaunavon' 1. Well 1 penetrated both Upper and Lower Shaunavon zones and a 5-foot interval was perforated and the upper zone yielded an approximate 24-hour rate of 15-20 barrels (90% oil cut) unstimulated. The Lower Shaunavon had oil shows in core and on logs over a 40-foot transition zone. 2. Well 2 encountered 20 feet of Upper Shaunavon, with high oil saturation in the core and a long transition zone with decreasing oil saturation across the next 50 feet into the Lower Shaunavon. Further information on test results and flow rates will be released when available. The intent for them is to do horizontal wells News 20th Feb 2014 Montana has substantially reduced the risk of its Shaunavon resource play over the past 6 months through the drilling of 3 vertical test wells, the independent review of petrophysical and geological data by internationally recognized independent experts and the seismic mapping of a regional play in the Upper Shaunavon. Oil was encountered in both the Upper and Lower Shaunavon in the test wells that were drilled within a 45 square mile 3-D seismic program that was conducted on a portion of the Company's approximately 150,000 net acres on the Shaunavon trend in Montana. Montana intends to exploit both the Upper and Lower Shaunavon potential on its lands through drilling horizontal wells commencing with Upper Shaunavon offsets to its Andromeda test well. The Shaunavon trend in Saskatchewan immediately to the North of Montana's acreage, has produced over 300 million barrels out of in excess 4 billion barrels of oil in place. Crescent Point Energy (CPG-T) has announced its plan to spend approximately $422 million of its 2014 budget, including drilling approximately 142 net wells, which will target the Lower and Upper Shaunavon resource play. Porosities, permeabilities and oil saturations on Montana's acreage are similar to those encountered in Shaunavon wells in Saskatchewan and in the Bowes Field located 10 miles south of Montana's current drilling. | ![]() superg1 | |
17/3/2014 12:58 | Sandbag - yes, you're absolutely right, I stand corrected. It's a different Blaine Country which also has the same town name within it (Greenfield). So much for rushing to press! However, the same website seems to cover inquiries from all over, so there may be more relevant information there. The 4K figure looked very high - but I guess it still reflects what can happen to prices once oil is seriously anticipated. Thanks. | writz | |
17/3/2014 12:39 | Writz, "That's a ballpark figure for the value attributed to untested acreage close to IOF's patch" My point was that Blaine County Oklahoma is not close to Hill County Montana. | ![]() sandbag | |
17/3/2014 12:18 | neddo 17 Mar'14 - 11:47 - 17150 of 17151 2 0 carry on alpha , the board needs lighening up, you know shonny and netley are one person, and miss ann thrope, their real details will be known shortly. 'their real details will be known shortly' - Now just what do you mean there? Come on. Give us the heads-up | alphacharlie | |
17/3/2014 11:51 | No probs alpha - I only Filter the insane ;-) | ![]() bazzerp | |
17/3/2014 11:47 | carry on alpha , the board needs lighening up, you know shonny and netley are one person, and miss ann thrope, their real details will be known shortly. | ![]() neddo | |
17/3/2014 11:04 | SG, what is your ref for "15 to 20 bopd from a 5 foot vertical test"? TIA. | writz | |
17/3/2014 11:01 | Interesting, re - earthquakes | ![]() napoleon 14th | |
17/3/2014 11:01 | Writz When I dug deeper a while back, pockets of leases pop up all over the place including Liberty county. The lease search site is not always up to date, and companies try to cause confusion to keep others off the scent. IOF ta one point issued an rns mentioning oil potential adjacent to their acreage (west) which we eventually worked out to be True Oil. This M.E. action is new and to the east. The interest will be what they may discover once the do horizontal drilling. A keep watch scenario, but with 15 to 20 bopd from a 5 foot vertical test, it suggests horizontal wells planned should produce decent oil. Another key point which historically we have mentioned, is that the levels have been forced upwards over the millions of years, in the IOF area. Thus drilling costs are far lower than further east where it can be 10,000 to 15,000 feet deep. M.E, quote this. It could all end up as nothing, but progress is better looking than other bits mentioned nearby. The JV partner is unnamed but is a private company in Denver. | ![]() superg1 | |
17/3/2014 10:56 | SG, thanks for this explanation. It gives a very warm feeling. | ![]() bocker01 | |
17/3/2014 10:53 | Sandbag: yes. Hill County marked on the map referenced by SG above ( sits immediately west of Blaine County. | writz | |
17/3/2014 10:42 | Bocker Point raised by someone else hence the question was answered. I'd switched off re Montana Exploration and the comment recently caused me to check. Many like references to back things up, well there is plenty on the Montana Exploration website, a presentation, and a video interview re the play. But on a point most are unaware of is where are IOF leases. M.E. are in the area known as 20 east for leasing purposes, and them it runs north form about 31 to 36. IOF are West of that more or less on the same North south slice directly West. There is a lease search facility. Rug and I had a good look at that some time back. Companies tend to leave the original names on the lease data to cause confusion for others and protect positions. Around the area we know to be IOF acreage including IOF named wells, certain names come up, then repeat themselves across the area IOF identify. Such area can consist of gaps and pockets of leases. However the same names around IOF wells appear all over the place, but the key point being is that they are all unexplored and all carry the same lease expiry date in 2021. With 365 days to choose from combined with lease year timeframes, it rather points to the fact that the acreage belongs to IOF. I can see pockets of leases for which I think belong to IOF as far east as 17 east. M.E. seem to have identified wells at 20 east. Each block being 6 miles wide. I haven't looked in depth into actual well site locations for M.E. but from the basic view it seems the closest IOF get to them is about 12-15 miles. As the same shale plays extend under IOF as in their admission document. It is very much worth keeping an eye on imo. M.E. were there for the gas, but due to the gas price drop, looked for oil, and seem to have found it. Many other companies on a large scale have numerous gas wells right next door to IOF, so what will they do if M.E hit. This is pre the actual wells drilled All guesswork, but imo interesting for the longer term. | ![]() superg1 | |
17/3/2014 10:41 | Well hopefully ME will get cracking! | ![]() bocker01 | |
17/3/2014 10:37 | Writz - most of the land was picked up for free as it was before t he fracking knowledge, so consequently was of no value to anyone | ![]() 1madmarky | |
17/3/2014 10:33 | Writz, Isn't Atlantis (290,000 acres) in Montana? | ![]() sandbag | |
17/3/2014 10:31 | Writz, that's an extremely helpful response, Thank you | ![]() bocker01 | |
17/3/2014 10:25 | A local landowner asked (in 2011): "My family has 40 acres of mineral rights in Blaine County, Ok. Section 4, Twp 14N, Range 12W. It is leased to Continental Resources at $1500 per acre plus 3/16th royalty, three year lease. We have received offers to purchase our interest for $4250 per acre. This seems like quite a lot. What activity do you know of in this area?" That's a ballpark figure for the value attributed to untested acreage close to IOF's patch. I guess IOF must have acquired their 290,000 at a considerably lower figure - though I'm not aware of the exact terms. Taken at face value, that's a considerable asset. EDIT: Sandbag points out that this Blaine County is actually in Oklahoma, so further research needed! | writz |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions