Messaging International Share Discussion Threads

[jonno1] 17/2/2013 09:53

If this is so good, I don't understand why Apache chose to walk away...? also insiders have sold 8.5 million shares recently:-

[mcbeanburger] 15/2/2013 19:04

finally getting some exposure...



its a very good write up....

[mcbeanburger] 08/1/2013 10:16

taken from the TAO and NZ tread... interesting comment on East Coast NZ.



TAG OIL LTD. (T-TAO) $6.15 -0.06

NEW ZEALAND ENERGY (V-NZ) $1.37 +0.02

Take a look at the charts (of Tag and NZ) and you can see that

like most natural resource stocks over the last year with

the weakening/collapsing commodity prices, these two

stories suffered dramatically.

TAG Oil was one of the success stories of the last while

up until that collapse as they have certainly come up with

some tasty commercial production in New Zealand. But

this company was formed to test something really exciting

and potentially really big and answer the question, does

New Zealand have some of the shale that the United States

has and just how big might it be?

There has been a long list of reasons for delays, but we

were supposed to have the answer to this question about

18 months ago. Oh well, nothing ever happens on time in

the exploration business, but Garth Johnson of TAG Oil

suggested that yes, TAG Oil does still plan to spud their

East Coast shale play in March 2013.

In the meantime, there is money in the bank and they've

got a rather knowledgeable partner in Apache, so maybe it

will be worth the wait.

Johnson also tells us that they've got an exciting year

ahead as their Sidewinder 5 and 6 wells are expected to

start drilling on January 15th and those wells are also

rather significant to TAG.

Meanwhile, New Zealand Energy has suffered a bit and its

reputation has been a wee bit tarnished as they announced

some time ago that their production would be delayed for

at least a quarter. They had hoped to hit 3000 barrels a day

some time ago, but surprise, surprise! They will be three

to four months late to see that number, provided of course

it does get delivered.

Meanwhile that shale play is going to attract interest

from a lot of people, should it be successful and the charts

on New Zealand Energy and TAG Oil if successful, could

look quite different six months from now.


Read more at

[mcbeanburger] 21/12/2012 18:49

Hi Stevn,

i missed your post, yes me thinks potential is going to be very interesting around March if Apache hits decent intervals. We'll know by then. I would have thought 1.5 isn't enough to pick ones nose with but i can only guess they think Apache are going to generate considerable excitment and they'll do another PP around then.

Its not "shale oil" but "tight oil" which means "Fracking Light" and this should translate into less environmental push back.

we'll see...

[mcbeanburger] 21/12/2012 15:11

well they are outing (or touting) TAG estimates of 250-500 bn bbls.

that suggests mes is around 60-130 as stated earlier.

[stevn] 21/12/2012 15:04

Thanks for the update McB,

Future potential developing very nicely indeed.

Current buy is 5.91p, these will be priced at 4p, I anticipate toping up very shortly.

[mcbeanburger] 21/12/2012 14:43

i a little disappointed in the strike price of 6.5 ridiculously low. Now to find out who the broker is - never heard of them.

Marauder Resources East Coast Inc.: News Release
CALGARY, ALBERTA--(Marketwire - Dec. 21, 2012) - The Company (TSX VENTURE:MES) is pleased to announce it has engaged M Partners of Toronto to lead a $1.5 million private placement of common share units, the proceeds of which will be used for initial development of the Company's assets in the East Coast Basin, New Zealand, and for general working capital purposes. The unit price is $0.065, consisting of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant is exercisable into one common share of the Company at a price of $0.13 per common share for a period of 24 months from the Closing Date.

The Company's New Zealand acreage (PEP 53806, awarded Nov 1, 2012) is located in the East Coast Basin, and covers 965 km². The primary prospects are the Whangai and Waipawa formations, widespread, highly fractured shales that have similar characteristics to the Bakken formation in North Dakota. Numerous surface oil seeps in the basin have been typed to both the Whangai and Waipawa formations, and samples gathered were light oil, upwards of 50 API gravity. The Whangai ranges in thickness from 300-600 m, about 10 times the thickness of the Bakken formation.

Permit 53806 is located between two permits held by Tag Oil that Apache Corporation recently farmed into and committed to a 4 well drilling exploration program, estimated to commence Q1 2013. Tag/Apache's acreage covers approximately 3700 km². TAG Oil's Corporate Presentation of October 2012, states the TAG/Apache Joint Venture internal estimates for OOIP on their acreage ranges from 250-500 bn bbls.

Marauder is a 50% owner of PEP 53806.

This press release may contain forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, anticipations, expectations, opinions, forecasts, projections, guidance or other similar statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. These risks include, but are not limited to: the risks associated with the oil and gas industry (e.g. operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses and health, safety and environmental risks), commodity price and exchange rate fluctuation and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Contact Information:
Marauder Resources East Coast Inc.
Robert V. Shields
720, 440 - 2nd Avenue, S.W.
Calgary, Alberta T2P 5E9
[phone]
[e-mail]

Read more at

[itsonlyme2] 20/12/2012 08:06

thanks for the update McBeanburger

[mcbeanburger] 18/12/2012 13:18

btw i got the volume wrong in the above its 250-500 billion barrels that TAG think have so I'd guess MES have 150bb...

talk about a MES being a snip at 5-6 mill MC

[mcbeanburger] 17/12/2012 00:16

worth reading this corporate piece on TAG operations. I'm of course interested in the east coast were MES will have its operations.

They describe the east coast as a "game changing play"

and 14billion barrels is a game changer.

I have heard again that Apache will be drilling this starting (maybe finishing if the presentation is correct) in Jan 2013.

here's the presentation in full



I strongly suggest you read it.

[mcbeanburger] 14/12/2012 17:51

i'm hearing that independent engineering reports are saying the TAG/Apache East Coast concessions have more oil then Brakken fields in North and South Dakota.

NZ could become a oil exporter overnight. china near by...asia near by means good prices.

interesting times ahead for east coast plays.

PS Apache are committed to spending 600mil to 2014/2015. says it all really.

[mcbeanburger] 11/12/2012 20:48

I'm hearing that more maybe even more property will be awarded to mes in NZ. compared to Puntland and libya its very safe.

the 7mil mc is has is going to be upgraded me thinks.

[mcbeanburger] 05/12/2012 01:12

updated the weekly chart above - nice bounce off the 200ma from the 20ema. these are the kind of buy signals i watch for.

[mcbeanburger] 05/12/2012 01:07

good analysis of the East Coast plays of NZ. worth fingering!

with 600m of net pay potential me thinks MES is going to rise nicely from the current 6m cap.

[itsonlyme2] 20/11/2012 09:11

McBeanburger many thanks for the interesting info and links, I have been busy of late and are just catching up, many thanks

[mcbeanburger] 08/11/2012 23:26

more news coverage....

[mcbeanburger] 05/11/2012 15:46

well slow burn here on mes'and xop's news, up about 100% with less then 200k exchanged. no sellers below 11 cents so that must be fair value for the moment.

i heard shell were still interested in B1 (mes concession) as previous holders. with shell rumour of them going into the southern shores around nugaal i'd a thought they won't be contesting B1. not that i think they have any rights now - its been too long.

puntland still simmering i hear - this might be an interesting month for mes.

[mcbeanburger] 02/11/2012 21:06

Canadian Overseas Petroleum's Joint Venture Partner Awarded Block in New Zealand

Canadian Overseas Petroleum's Joint Venture Partner Awarded Block in New Zealand
CALGARY, Nov. 2, 2012 /CNW/ - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: TSX-V) announces that its wholly owned subsidiary, COPL New Zealand Limited ("COPL NZ"), has been advised by its joint interest partner, Marauder Resources East Coast (NZ) Ltd. ("Marauder"), that Marauder has been awarded Petroleum Exploration Permit 53806 in the East Coast Basin offshore New Zealand. The agreement between COPL NZ and Marauder provides for each company to hold a 50% working interest in PEP 53806. COPL NZ is completing the necessary legal and regulatory requirements to be recognized on the license and expects that this will conclude within a matter of days. Marauder will be the operator of PEP 53806 for the first year, after which time COPL NZ will then assume operatorship. The permit covers 965 square kilometres and has an initial term of 5 years.

The East Coast Basin onshore New Zealand contains a number of large oil and gas accumulation targets focusing on unconventional resource plays within the Paleocene to Cretaceous aged Whangai and Waipawa shales. These formations exhibit characteristics similar to the productive Bakken Formation in Saskatchewan and North Dakota. Offsetting permit holders in the basin include Tag Oil and New Zealand Energy, both of which have had independent third party evaluators assign shale oil resource potential of 12.6 and 20.9 Billion Barrels Original Oil In Place respectively. Similarly, COPL NZ plans to commission a third party engineering group to prepare a resource report and economic analysis to estimate the unconventional potential for the license. The Whangai Formation is the primary unconventional target over PEP 53806, and is naturally fractured and widespread throughout the East Coast Basin.

Arthur Millholland, President and CEO of COPL, commented, "We are pleased to have the opportunity to expand our international presence, especially in such an attractive exploration region as the East Coast Basin. We look forward to working with Marauder on this license."

About the Company
COPL is an oil and gas exploration company focused in the offshore West African continental margin, the UK North Sea and the East Coast Basin of New Zealand. COPL's Common Shares are listed under the symbol "XOP" on the TSX Venture Exchange.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.





SOURCE: Canadian Overseas Petroleum Limited

Mr. Arthur Millholland, President and CEO

Phone: [phone]

Or,

Rob Elgie, Manager of Investor Relations

Phone: [phone]

Or

Pelham Bell Pottinger Public Relations
James Henderson, Managing Director or Mark Antelme

Phone: [phone]




Source: Canada Newswire (November 2, 2012 - 4:00 PM EDT)

[mcbeanburger] 01/11/2012 19:28

well all buys today and no sells. nice.

but market cap is still on 6.5 mil and I would have thought 15mil is about right so I would expect this to continue...

[mcbeanburger] 01/11/2012 13:38

they got the permit

[mcbeanburger] 30/10/2012 08:53

i've been looking into this shale oil plays and it seems that East Coast New Zealand is where a monster deep Shale Oil basin.

So while i thought that marauder getting a position here was no great shakes - it actually is.

my understanding drilling will happen Q1 next year.

[mcbeanburger] 22/10/2012 23:29

hi iom2 - just you and me mate + 30 odd lurkers. one day this thread will be full of pumpers, bashers and spamers.

meanwhile enjoy the silence. :-)

[mcbeanburger] 22/10/2012 23:14

piracy down in somalia....

[itsonlyme2] 16/10/2012 08:30

McBeanburger thanks for the info