Jersey Oil And Gas Share Discussion Threads

[cyan] 01/11/2016 09:13

If the Statoil planned drill was a "one in ten" shot I very much doubt they be in such a hurry to sink their money.

The North Sea is full of one in ten shots.

The proposed drill is described as medium risk.

[mesquida] 01/11/2016 09:01

Arden Partners have published a BUY note this morning. Clearly they are excited about the Statoil drill, but they also are very bullish about the possibility that the company can build a portfolio of producing assets as major oil companies rejig their portfolios. Obviously success in this area depends on the availability of finance and the expertise of management. Looking at the track records of the Directors I think we can assume that the management expertise is not in doubt, and as regards the availability of finance I note that the Chief Executive has referred to exploratory talks with a major lender on a number of occasions. Arden are saying that the planned portfolio of producing assets could alone be ultimately worth 130 million pounds !
Posters such as bones are very quick to flag up the risks of the Statoil drill not coming in, but he and others are ignoring the bigger picture.

[tens machine] 01/11/2016 07:46

amazing rise here , worthwhile watching malcys blog and the presentation posted earlier last week.

statoil farm in is massive for JOG ..estimated £9 a share on a discovery.
after producing assets with reserve based lending can propel this into the stratosphere.
north sea is where its at for me going into 2017 , sentiment rising . lower taxation ,lower costs and rising oil price are a perfect storm

[troll n roll] 31/10/2016 21:42

I have been buying for last 4 month and will continue till 500p.

These little gems stay under radar accumulate then just watch, the fireworks

[isaready] 31/10/2016 18:07

why the recent rise? wow 15p in Feb, Oh I wish I had, never mind, still, there is plenty of scope to make money. Were these really £4, if so, with potential it could go a lot higher over the next 18 months, depending on progress.

[impvesta] 31/10/2016 14:17

Brief mention by Malcy on today's Vox Markets podcast.

[mesquida] 31/10/2016 12:51

The assets could be worth 10 pounds per share, apfindley. Have you looked at this one in detail ? It seems not.

[apfindley] 31/10/2016 12:22

Riding on a pump and very low liquidity.Once they decide it's enough they will pull out fast and the collapse will be huge.Wait and see.Cos it ain't rising on the assets.

[roddyb] 31/10/2016 11:49

bloody 'ell

I was thinking I was a tool for buying in at 60p

what's the news driving this today? All I can glean is that one of the shareholders is making a spread bet?

[vivgav] 31/10/2016 11:29

or even 110p :-)

[captain james t kirk] 31/10/2016 10:33

Being pedantic, it's actually 8p to 97p :)

[vivgav] 31/10/2016 10:16

Lol....any more pearlers bones?

15p to a £1

[mesquida] 31/10/2016 10:00

So you think that Statoil are mistaken in their optimism then, bones. Personally I am happy to follow their lead. Obviously Trap shareholders got well and truly shafted, but that does not mean that the oil is not there. Anyway, this time next year one of us will be laughing !

[bones698] 31/10/2016 09:08

This board is quiet because most know what will happen and have seen the failure it was with trap. They never hit oil or gas on any of their drills and this is likely to have the same result. Those that know are all to aware the likely result and so stay well away from it. Still enjoy it while it lasts guys. To get some idea of the monumental failure this company has been you only need to look at the left hand side of the long term graph. I don't see any reason why that trend won't continue in the end

[cyan] 28/10/2016 10:17

Malcy's blog was very positive. The interview was worth the watch.

[baner] 28/10/2016 09:30

heading for 100p shortly. sorry for that bones698..........

[mesquida] 28/10/2016 08:55

Massive volume yesterday, and price ready for another attack on the recent high ( 70 ) this morning. Looks as though people are finally waking up, and yet this board still strangely quiet !

[mesquida] 27/10/2016 09:45

Well, Statoil have not wasted any time getting a survey vessel on site. Combined with the speed with which they arranged the farm-in one gets the impression that they are seriously bullish about prospects for a strike here. Have seen some estimates of an oil find being worth 9 or 10 pounds per share to JOG holders, but strangely this board is incredibly quiet. But at least that means that it is relatively easy to pick up the stock!

[baner] 17/10/2016 08:59

bones698

"the slightest rise......." the shares are upp 400% or more since it bottomed out. what is wrong with you - is it your calculator or are you just jealous?

[bones698] 14/10/2016 17:21

Ok PG selling into the slightest rise while fools buy in just about tells the story here. This is still a crock and will fall back down as fast as it rose. Anyone who loses money on underserved all they get

[aimshare] 06/10/2016 16:58

Fancy reading this again Bones ?

Bones

You still haven't a trading bone in your body.

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aimshare
14 Apr'16 - 21:33 - 68 of 80 2 0 edit


Agree, hardly any shares in issue and only around 5 million shares in public hands. If the 200k was the same investor, it keeps them just below the 3% reporting holding level. Not often you'd read that.

Market cap only £1.3 million, plenty of headroom for advance with the right development and news and with so few shares available, you can understand why the price can climb so high and so quickly as in June of last year.

The chart looks in good shape at the moment with little resistance between the current price and 40p, then 60p, 80p and the previous recent intraday high of 120p, which would still only be a market cap of around £10 million.


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bones698
25 Apr'16 - 16:23 - 74 of 80 1 1


Aimshare I have seem this company fail miserably from its creation, I know mote about it than most and stand by my recommendation I wouldn't touch it with a bargepole. If you have anything to back up your thoughts I'll happily shoot them down. Just because you bought doesn't mean your right. Only treating that is likely is a negative one

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You'd have quadrupled your money Bones.

Instead, you're still too busy vehemently slagging it off to bother trading the trend.

Your loss again.

Clearly, you haven't got a clue at trading and your opinions should be ignored at all costs.

[phowdo] 05/10/2016 10:41

Only needs to 100bag for Trap shareholders to get half their money back...

[pro_s2009] 05/10/2016 10:39

Does look rather nice does it not, please continue rising :)

[baner] 05/10/2016 09:38

fly me to the moon! take off just commenced - 200p next stop and still cheap if Statoil confirm major oil find. fasten your seat belts!