Share Name Share Symbol Market Type Share ISIN Share Description
Mayan Energy Limited LSE:MYN London Ordinary Share VGG5S26K1152 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.14 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
0.13 0.15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.08 -2.52 -0.19 5
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.14 GBX

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Date Time Title Posts
10/6/201906:56Mayan Energy3,317

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Mayan Energy Daily Update: Mayan Energy Limited is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker MYN. The last closing price for Mayan Energy was 0.14p.
Mayan Energy Limited has a 4 week average price of 0p and a 12 week average price of 0p.
The 1 year high share price is 0p while the 1 year low share price is currently 0p.
There are currently 3,774,292,308 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Mayan Energy Limited is £5,284,009.23.
lukmanpatel: Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards and a newly registered today as a member lol
inv: Excellent update. Expect share price to surge today
grannyboy: Cahus there is many more companies in the O&G sector that offer better prospects,..but even others are on the floor share price wise.. If you want to diversify out of oil..have a look at TOOP they supply telecom services to SME's and are fast growing month on month, CEO is ex Talktalk... Plenty of links on toop thread to do podcast, presentations, etc..
fishermandude: Not a chance this company can get a placing out with all the stink surrounding it. That said, the Chairman needs to lead and arrange a meeting with all warring and other key parties (Align, major shareholders, Broker, NOMAD, et al). Sort out differences and see if a resolution that leaves the company intact; stops the daily drum beat of scandalous news and allows production to be moved forward can be found. I hear and read rumours and innuendo suggesting that lawsuits and other that could drag this war on for months on end are in play. If things go the path of endless warring the share will get valued down to shell levels which will lead to another 50-75% loss of share price from current levels. If things continue as they are the company will simply eat through its investment value with nothing to show as operating costs, audit costs and legal costs destroy all value in place from the investments. On the other hand, if all parties truly care about the shareholder as they should, an all parties meeting to sort out the matter seems to be a reasonable solution.
brasso3: OPEN LETTER TO CHARLIE WOOD – CHAIRMAN OF MAYAN ENERGY Charlie I do not write this letter easily given the relationship between Align and Mayan Energy and our substantive holding in the company given the potentially negative impact this may have in regards to the contents herein. I believe, as a shareholder first and foremost and a professional market participant, that the following issues require thorough investigation forthwith: Does David Khan still hold the 91.6m shares in the company? If not why has there been no TR1 disclosure as is required in regulation? If they have been sold in whole or part, the timing of sales relative to periods of his involvement should be investigated to ascertain if there were any regulatory breaches in this regard. Given the magnitude of the personal enrichment on your part re the Deloro deal and also Eddie Gonzalez can you explain to ALL shareholders why you have not made any personal investment in the company this last 15 months with your own cash? The placing in November 2017 provided in large part the funds to complete on the Deloro deal and yet we sit with an investment that on paper is now at a small loss based on the current PQE share price yet you have near 7 figures of value accrued to you. There is a mismatch here of significant proportions. Align, as the principal research provider were supplied information from you/the company that we have relied upon in making our recommendation and also committing our own cash – can you advise why there has been de facto no operational management Stateside that has made a mockery of these forecasts? As one of Mayan’s principal supporters we cannot stand by and let what we believe are material assets of the company fester and not produce what the capital providers have entrusted you and the balance management team to deliver. The time is now for you to show decisive action for MAYAN shareholders and to show your ALIGNMENT with them (as we do). We have 2 replacement directors in the wings ready to replace you and Mr Gonzalez (whose position is now totally untenable in our opinion given the abject non delivery of production over the past 15 months) that we believe can get these assets producing should you not be capable of doing so. I also believe that you should waive any salary whatsoever (including accruals) until such point as the company has produced a minimum of 3 months of 300 bopd production. Chairman’s roles carry responsibility and you are fully aware that behind the scenes we have attempted to ensure the company is being run properly and value created for shareholders. The time for silence is over. Produce from the assets that you have raised millions for in the last 15 months or step aside and allow new directors that ARE capable of doing what we believed, mistakenly, the current management team were to have been doing this last 12 months. Richard Jennings
lab rat99: Anyone trying to claim that holding shares in Petroteq is better than holding a percentage in Asphalt ridge should be ignored. There is no comparison it is by far and away better to hold a direct stake in Asphalt ridge that is why Petroteq cancelled it at the first opportunity that Eddies dithering presented. Petroteqs share price increased and MYN fell when the deal was announced. MYN $1.5m investment in Deloro is currently down by around a quarter of a million. Deloro had the option to take up warrants earlier but did not. The question MYN shareholders should be asking is how much did the board in this related transaction pay for their similar holdings in Deloro? It was not $1.5m that is for sure. Some parties have done very well out of this deal and as yet it is not MYN who are still sitting on a loss.
malctim70: Problem is 113,that MYN's PQE shares are being held in a private ltd co, over which stock market regulators have no control If it was one day declared Deloro's holding of PQE had been sold and lost, MYN shareholders would be the last to know That's why MYN share of PQE and warrants needs to be back in MYN hands
113mike: Reminder from Align Research update 5th June.There does seem to be so many positive developments going on at Mayan that continue to fail to be reflected in the share price. Investors really got their cards marked in mid-March 2018 when CEO Eddie Gonzalez purchased 2.2 million shares at 0.87p. With Cornhill having exercised their broker warrants and this overhang now having be sold in full, at some point the stock will have to reflect the on the ground operational progress. If it does not we would not be surprised to see a number of other companies run their slide rule over it as the economic uplift could be meaningful to many a player operating in South West of the US.Lets hope the next couple of weeks brings the good news on many fronts we've been expecting and the share price turns up to reflect it.. results due end of June hopefully should get an indication of current and future revenue numbers
fairenough11: Another ultra positive RNS from Petroteq(Deloro/Myn) LSE:MYN Mayan Share News (MYN) 3 Follow MYN Share Name Share Symbol Market Type Share ISIN Share Description Mayan LSE:MYN London Ordinary Share VGG5S26K1152 ORD NPV (DI) Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade -0.015p -1.69% 0.87p 0.86p 0.88p 0.90p 0.855p 0.885p 7,045,613 12:32:24 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Oil & Gas Producers 0.2 -5.8 -0.0 - 10.15 Print Alert Mayan Energy Limited Update on Heavy Oil Sands Project, Utah 08/03/2018 2:15pm UK Regulatory (RNS & others) Mayan (LSE:MYN) Intraday Stock Chart Today : Thursday 8 March 2018 Click Here for more Mayan Charts. TIDMMYN RNS Number : 1610H Mayan Energy Limited 08 March 2018 Mayan Energy Ltd / Index: AIM / Epic: MYN/ ISIN: VGG6622A1057 / Sector: Oil and Gas 8 March 2018 Mayan Energy Ltd ('Mayan' or 'the Company') Update on Heavy Oil Sands Project, Utah Mayan Energy Ltd (AIM: MYN), the AIM listed oil and gas company, is pleased to note the following update from TSX listed Petroteq Energy Inc ('Petroteq') (TSXVE: PQE OTC: PQEFF) regarding the Asphalt Ridge heavy oil sands project, Utah. Mayan has a 17.6% interest in Deloro Energy LLC ('Deloro') which recently completed the first tranche of its US$10million acquisition of a 49% interest in Asphalt Ridge - see RNS dated 15 January 2018. Full Text of Petroteq's Release PETROTEQ REPORTS RESULTS FROM INDEPENDENT EVALUATION REPORT OF OIL RESOURCES ON ITS ASPHALT RIDGE LEASES STUDIO CITY, CA, March 08, 2018 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV: PQE; OTCQX: PQEFF; Frankfurt: A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, today announced the filing of its third party independent detailed assay and testing resource evaluation report. The Company engaged Energy Labs of Casper, Wyoming to conduct an independent resource evaluation report on the oil that has been extracted from Petroteq's leases along Asphalt Ridge, Utah. The results of the Energy Labs assay on the oils from Petroteq's oil sands along Asphalt Ridge are consistent with the numerous studies performed on these oils by both academic institutions and major oil companies. The assay confirms that the quality of this oil is ideal for diesel fuel and has attributes attractive to oil refineries. Mr. Blyumkin, chairman of Petroteq, said, "As we continue to make progress with the completion of our plant construction and the signing of our oil offtake agreement, we are extremely pleased with this report that confirms the quality of our oil sands assets. Oil with high levels of heavy metals has a negative impact on the life of the catalysts in oil refineries. Our oil contains low levels of asphaltenes and very low metal levels making it attractive to oil refineries." The Asphalt Ridge oil contains a high percentage of hydrocarbons that are diesel range organics (C-10 to C-28) making this oil an ideal oil for diesel fuel. The tight shale plays that are an increasingly important source of domestic oil production typically have higher concentration of hydrocarbons in the gasoline range organics (C-6 to C-10), so are not as readily refined into diesel as they are gasoline. The disproportionate production of very light oils in the USA as opposed to heavier oils, may result in upward pricing pressures on heavy oils if this trend continues. The Asphalt Ridge oil has very low sulfur content (0.5% and less weight percent) which is ideal for making ultra low sulfur diesel. Much higher sulfur contents are found in the oil sands in Canada, where extra money needs to be spent to remove the sulfur before it can be refined into a finished petroleum product. We do not expect to find such economic issues in the Asphalt Ridge oils. Refineries prefer as low sulfur content as possible. The Asphalt Ridge oil has relatively higher level of aromatic components, which increase the quality of the oil the products that can be produced from this oil. Https://
fairenough11: LSE:MYN OKSearch Mayan Share News (MYN) 1 Follow MYN Share Name Share Symbol Market Type Share ISIN Share Description Mayan LSE:MYN London Ordinary Share VGG5S26K1152 ORD NPV (DI) Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade +0.00p +0.00% 0.75p 0.70p 0.75p - - - 0 06:41:08 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Oil & Gas Producers 0.2 -5.8 -0.0 - 8.75 Print Alert Mayan Energy Limited Asphalt Ridge Update 15/01/2018 7:30am UK Regulatory (RNS & others) Mayan (LSE:MYN) Intraday Stock Chart Today : Monday 15 January 2018 Click Here for more Mayan Charts. TIDMMYN RNS Number : 8395B Mayan Energy Limited 15 January 2018 Mayan Energy Ltd / Index: AIM / Epic: MYN/ ISIN: VGG6622A1057 / Sector: Oil and Gas 15 January 2018 Mayan Energy Ltd ('Mayan' or 'the Company') Update on investment in Deloro and Utah Heavy Oil Sands Project Mayan Energy Ltd (AIM: MYN), the AIM listed oil and gas company, is pleased to provide an update on the Asphalt Ridge Project ('Asphalt Ridge') a heavy oil sands deposit being developed by TSX listed Petroteq Energy Inc ('Petroteq') (TSXVE:PQE OTC:PQEFF) in Utah, USA - see RNS dated 16 November 2017. Highlights: -- Deloro Energy LLC ('Deloro') in which Mayan has a 17.6% interest, has completed the first US$2.5m tranche of its US$10million acquisition of a 49% interest in Asphalt Ridge. The Asphalt Ridge Project is currently owned by TSX listed Petroteq Energy Inc ('Petroteq') (TSXVE:PQE OTC:PQEFF) -- Completion of the first tranche investment entitles Deloro to a 25% economic royalty from the Asphalt Ridge Project -- All building and construction permits associated with the 1,000-barrel oil per day ("bopd") oil extraction process facility at Asphalt Ridge have been granted -- Construction progress update report provided by Petroteq on January 11, 2018 confirmed: o Foundation work is completed o Assembly of the main structure has commenced with vertical columns in place o Trucking of oil heater, pipe valves and various pumps will shall begin week of January 15(th.) o Rocky Mountain Power has been engaged to determine the power upgrade to deliver power to site o The distillation column & trays are being fabricated off site for delivery at the end of January o Images of site progress may be viewed on -- Completion of testing and analysis of the oil product has indicated a high range of diesel organics & low sulphur levels, which is anticipated to drive demand for the oil and resulting in a tighter pricing and possible premium West Texas Intermediate ("WTI") -- Petroteq announced "Notices of Allowance" from both the United States and the Canadian Patent and Trade Mark and Intellectual Property offices in respect of its heavy oil sand extraction processes, this is a further step in protecting its proprietary rights to its heavy oil extraction technology -- General increases in oil prices now imply Netbacks (oil sales net of royalties, production and transportation expenses) of US$35+ per barrel- compared with US$15-20 reported in November 2016 -- Asphalt Ridge has 87 Million Stock Tank Barrels ("STB") contingent resource in place and a defined development plan to produce 5,000+ bopd by 2019 -- Petroteq, Deloro, Mayan and institutional investors are to visit Asphalt Ridge on 16(th) January 2018 Mayan CEO Eddie Gonzalez said: "We believe that the Asphalt Ridge project is going to be an excellent example of an investment which is low-risk, but with the potential to deliver highly attractive returns. As we re-optimise Mayan's business model: focussing on increasing production in Texas and becoming cash positive in the short term, we are also considering strategic investment opportunities. We are more than satisfied that Deloro's agreement to acquire a 49% stake in the Asphalt Ridge Project is progressing in a timely manner, and that developments on-site remain on target. All indicators point towards the 1,000 bopd plant being commissioned in February 2018; propitious given the increasing demand for the oil produced. Additionally, through Deloro, Mayan will have access to Petroteq's proprietary technology and we hope in due course to be able to roll this out to similar oil sand plays in Utah and elsewhere. We will be on site in Utah next week to meet with Petroteq CEO, Aleksandr Blyumkin, his operations team and a group of institutional investors to inspect progress at the plant and to discuss future funding options and expansion." The Asphalt Ridge project is the core asset of Petroteq (mkt. cap US$72 million). It has 87 Million Stock Tank Barrels ("STB") contingent resource in place and a defined development plan to produce 5,000+ bopd by 2019. Deloro's development agreement and alliance with Petroteq has enabled Mayan to gain exposure to the Project and is consistent with Mayan's strategy of completing key acquisitions and investments in highly prospective onshore oil and gas opportunities to generate value to shareholders. Mayan currently has a 17.6% interest in Deloro, which is acquiring 49% of Asphalt Ridge. Petroteq has a defined development plan in place, with work underway to construct a plant that has an initial production target of 1,000 barrels of oil per day by February 2018. This will utilise Petroteq's patented process technology that unlocks heavy oil without generating greenhouse gases or waste. Analysis of the end product has indicated a high range of diesel organics as well as low sulphur or any other contaminants. This is encouraging as there is high demand for low sulphur diesel from the trucking and shipping industries. The process is proven by Petroteq who produced and sold 10,000 barrels of oil in 2015 using this technology at its first facility in Maeser, Utah. The incremental rises of production to 2,500 bopd and 5,000 bopd are expected to be largely funded through debt. Importantly, six months of continuous production at 1,000 bopd triggers an upgrade of a materially significant portion of the existing 87 MMSTB Contingent resources to P1/P2 reserves. It is anticipated that all in costs will be US$18-25 per barrel ("Bbl") and therefore expected to generate netback margins of US$20-27 per Bbl (at US$45 Bbl oil). With WTI currently trading at US$63, the Board believes the Project economics have potential to improve significantly. Overall, the Asphalt Ridge project offers attractive economics and net present values. The below summary NPV values are for 100% of Asphalt Ridge and have been calculated by Chapman Petroleum Engineering Ltd ("Chapman") at a 10% discount to WTI US$54 oil price. It should also be noted that Chapman have assumed a US$10,500,000 capital commitment into their modelling for the completion of the 1,000 plant which is already funded.
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