Lochard Energy Share Discussion Threads

[utrecht_00] 18/6/2013 11:05

the fees paid by Lochard and a break fee given apparently how precarious the financial situation it is on are a disgrace.

[bomfin] 17/6/2013 11:10

Anyone know if they received the payment they mentioned on 7th June? Anyone know how much it is? Perhaps it would be nice if lhd directors let shareholders know?

[utrecht_00] 17/6/2013 09:33

nw99- not at the current price. There is no chance a deal at 4.9 will go through the consortium has well over 25%. Its probably up as people realise a deal at 4.9 won;t go through. Don't forget this was at 5.5p before PMG made the bid.

[nw99] 17/6/2013 08:12

Shs rallying today as people realise PMG will buy them

[utrecht_00] 13/6/2013 10:05

as we have seen, there is a enough shareholder consortium here to vote down any dilution at that level. The company would I think be able to raise say $5 million if it wanted to keep the licenses at say 4p. People forget this was at 5.5p before TC's raid.

[falklands] 13/6/2013 08:06

Take some pills pro with your insight into telling PIs to buy trap over 28p who is the idiot.

[pro_s2009] 13/6/2013 07:27

A rainy day so I thought I would come and have a look how a few stocks are doing :


LHD, they either accept the offer imo, or see massive dilution at 2p levels with the board saying "told you so you frigging idiots".

[nw99] 13/6/2013 07:23

Stock price of LHD says it all to be honest !

[therealdeal5] 12/6/2013 18:10

It seems only falklands knows what's going on here, PMSFL we are all living on the moon apparently, lol


PRICELESS!!

[falklands] 12/6/2013 15:37

some of you dont know what the hells is going on or you dont have access to bloomberg or phone adam.

Put up on chrisoil twitter regarding lochard other potential buyers watching the situation stronger negotiating position 3 months time.

[nw99] 12/6/2013 11:30

LHD a cheap trade into PMG , watch on PMG chart break on upside at 13.75

[therealdeal5] 12/6/2013 06:54

Antrim Energy next for PMG more than likely, they are getting approx 1,000 BOPD from The causeway Production field,

DJ Antrim Energy Antrim Energy Inc.: Interim Financial Report - First Quarter 2013

TIDMAEY

Antrim Energy Inc.: Interim Financial Report - First Quarter 2013

FOR: ANTRIM ENERGY INC.

TSX SYMBOL: AEN
AIM SYMBOL: AEY

May 15, 2013

Antrim Energy Inc.: Interim Financial Report - First Quarter 2013

CALGARY, ALBERTA--(Marketwired - May 15, 2013) -

HIGHLIGHTS:

/T/

=- Causeway production rates average gross 3,336 bbls/day (net 976
bbls/day) for first quarter of 2013 - gross 3,885 bbls/day (net 1,136
bbls/day), excluding 15 days of interrupted production due to platform
shutdowns
=- Oil revenues of $12.0 million and cash flow from operations of $6.6
million
=- Antrim raises $30 million in Payment Swap transaction including a
forward sale of 657,350 barrels of oil
=- Cormorant East commenced production in January
=- Farm out of the Ireland Skellig Block to Kosmos Energy Ltd.

[therealdeal5] 12/6/2013 06:51

I sold my shares in Trap a couple of weeks ago i saw this coming, i warned them over there that the share price would fall back due to what is happening here, ie the offer made by PMG, now i do feel 6p is a fair price to pay here, & 10p for TRAP, all i can say is that i am a business man & i know what companies are worth in these economic times, housing market is bouncing back, as my building company is now back to where we were approx 3 years ago with contracts from local authorities, so with Gas being the new driver in UK & USA, saudi to quit oil which seems unbelievable to me, where does that leave small producers like TRAP & LHD? Tom Cross sees the future, he knows it's with GAS this is why he is following a divers portfolio of assets not all his eggs are in one basket, he has Aupec under his control, which advise World governments on how to divest, invest & tax issues on Oil & gas revenues, how many companies can boast that? i think it would be best for all if TC did get LHD & TRAP along with AEY, we would all benefit from it, what will happen over the coming years is that PMG will grow, as it is a Growth stock, while others will dwindle on the hope of the right exploration will come up, no one knows the North sea as well as Tom Cross, you can believe that or not, but follow TC & you will make a lot of money in 5 years time if you have the patience,

[therealdeal5] 12/6/2013 06:48

Antrim Energy is dropping ready for another rescue from Tom Cross if you ask me, lol with just over 900 BOPD from Production i wonder what he will steal them for? 6p or less is my guess,

[utrecht_00] 11/6/2013 23:11

Yep, would all on a deal being done, but tats the game at the moment.

[7kiwi] 11/6/2013 20:48

Indeed it will. For a time?

[utrecht_00] 11/6/2013 19:21

If pmg continues to rise, the deal will look more and more attractive.

[7kiwi] 11/6/2013 17:33

Falklands,

But the amount of inventory and receivables will rise and fall with average production volumes.

The receivables and payables in the last accounts were $7.3m and $3.7m respectively. Giving a net position of $3.6m.

This isn't easily realisable as cash in the bank account until the production rate falls quite dramatically, which everyone hopes is quite a long way away. Essentially it will remain (with some monthly fluctuations reflecting actual cash movements) as working capital.

[utrecht_00] 11/6/2013 12:50

Newseller, yep if pmg continues to rise say to the deal equivalent of 6p it could get interesting. Of course pmg would drop a little on any deal going through...

[falklands] 11/6/2013 12:32

The coin drops at last for kiwi keep up