Mediterranean Oil & Gas Share Discussion Threads

[rayrac] 23/5/2014 07:35

Cairn might take an interest?

[joestalin] 23/5/2014 07:28

I will take the RKH shares - they are probably getting free money.

[oregano] 23/5/2014 07:13

it is undoubtedly the right thing to do. look at the presentation from the agm. there were two catalysts this year, we still get paid out on one of them. they were no longer covering their costs with cashflow, and they were subscale with no chance of raising further capital which they would need if they got ombrea mare going. i'm sure everyone would like more but i guess there largest shareholders wanted some liquidity. imagine malta was a dud, this would have hit 3p

[rayrac] 23/5/2014 06:50

Seems miserly to me, because I'm here for the Malta drill. But!!

[joestalin] 23/5/2014 06:44

Rockhopper RNS out - takeover at 6.5p anyone?

[ohisay] 21/5/2014 14:27

Didn't seem much new to me TBH.

Broker NAV buried in here.

[partner] 21/5/2014 12:31

anybody care to make comment on agm ? or presentation.

[rayrac] 21/5/2014 05:49

We are very excited about Hagar Qim and look forward to the imminent spud of this high-impact frontier exploration well. We will update shareholders once the results are known."

What a strange statement? Surely they will tell us when they have spud the well, not just the result?

Is there any forecast for how long the drill to TD will take?

[rayrac] 20/5/2014 19:33

Which drill IS easy. Stupid statement if I might say so! In Kurdistan it can take 15/18mths top to bottom. It's the result that counts, not how easy it is? Oil AIM shares are mostly all about risk, tell me about it. :-)

[theshareguru] 20/5/2014 14:16

I thought of buying a few weeks back, but after talking to someone I can't
name I decided not to, the drill is not an easy one I have been told.

[ohisay] 20/5/2014 13:29

See pages 28/29 for Malta.

[oregano] 13/5/2014 09:38

they could do with some good news. ironic how well LGO have done since winning the court case!

[hashertu] 13/5/2014 09:22

Altom. This is an abstract from the RNS:

"Guendalina Field is currently producing approximately 35,650 scm per day NET to MOG.."

[altom] 13/5/2014 06:41

This morning's RNS seems to contain a serious typo.
TOTAL production is 35650 with 20% = 7130 to MOG.

[ohisay] 11/5/2014 08:53

RBC on Thursday.

Mediterranean Oil and Gas (MOG.L): Malta drilling now expected to start in June
Noble announced yesterday that the Noble Paul Romano rig will now leave the shipyard in early June to drill the Hagar Quim-1 exploration well (MOG 25%, GENL 75%), offshore Malta having suffered ongoing delays.
We assume upside/risk of +20p/-2p per share in our 10p/share MOG NAV, and +124p/-14p per share in our 1250p/share GENL NAV for a 135mmbbl prospect. The well is expected to be drilled to a TD of ~2500m and continue into Q3/14.

[billy_buffin] 28/4/2014 12:24

Ombrina Mare

Realacci: no chance for the project 'croaker sea' (Ombrina Mare translates as)

Pescara. "No chance" for the project croaker oil drilling off the southern coast of Abruzzo. To say the chairman of the Environment Committee of the House



He would say that... hope Matteo Renzi can override him

[dafrog] 24/4/2014 10:02

I read them all, and all the GKP case ones as well.

[glyn10] 24/4/2014 09:44

Pensioner2

24 Apr'14 - 09:20 - 7426 of 7428 0 0


DAFROG. There could well be a price for MOG yet to pay in the way they dealt with LGO.

another great quote from you along with

"You guys need to read bobobob's detailed notes from court on Jamesiebabies LGO thread. Might save you a bit of money."

LGO have moved on maybe everyone else can do.....

[12bn] 24/4/2014 08:23

RNS Number : 3789F

Leni Gas & Oil PLC

24 April 2014

For Immediate Release, Embargoed until 9 am

24 April 2014

Leni Gas & Oil PLC

("LGO" or the "Company")

Company Update

LGO today announces that, after careful consideration, the Board has decided not to petition the Court of Appeal in its case brought in January 2013 against Mediterranean Oil and Gas plc. The Company will remain focused on its core oil production business in Trinidad; where a major 30 well development program is now underway at the Goudron Field, and in Spain.

The Company was notified yesterday that Well Services Rig 20 had arrived at the Goudron Field and the spudding of the first new development well at Goudron since 1981, well H18 EJ-7, is now expected to occur over the weekend. LGO will keep shareholders informed of further developments as they occur.

Enquiries:

[dafrog] 24/4/2014 08:22

Pensioner. I hope so but sorry for the investors.

[pensioner2] 24/4/2014 08:20

DAFROG. There could well be a price for MOG yet to pay in the way they dealt with LGO.

[dafrog] 24/4/2014 08:15

Used to say when I was at school, cheats never prosper. Not sure that is true today.

[hubs] 24/4/2014 06:24

RNS re 'Vesting' of shares. Surely 'trousering'?