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NPE Nautical Pet

449.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Nautical Petroleum Investors - NPE

Nautical Petroleum Investors - NPE

Share Name Share Symbol Market Stock Type
Nautical Pet NPE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 449.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
449.00 449.00
more quote information »

Top Investor Posts

Top Posts
Posted at 09/8/2012 10:17 by steelwatch
LM - I put a slug in SQZ, though should point out that I am a long term investor, so maybe not the best place for a quick fix.
Posted at 09/7/2012 15:51 by fangorn2
Given there are several broker valuations out there, of 550p/sh, one of which went out from a second tier house this morning(Peel hunt), it will be interesting to see how many investors vote in favour. The lower the vote secured the greater the chance, one would hope, of an improved bid being tabled no?
Posted at 02/7/2012 14:14 by lucky_punter
For my first article for Proactive Investors I turn to the UK sector of the North Sea, a region that is changing rapidly and which still offers potential for investors in small-cap exploration and production companies.
Posted at 15/6/2012 11:14 by lucky_punter
The FTSE100 oil firm announced its 450p a share cash bid yesterday, though with Nautical shares now trading at 466p it appears investors are anticipating a possible counter-bid could spark a bidding war.
Posted at 13/6/2012 16:44 by steelwatch
450p offer, too cheap, wait for more!

 Valuation and recommendation: To reiterate, we do not rule out the possibility
of a counter-offer and continue to see value upside within Nautical's portfolio; so
we maintain our Buy recommendation and 525p target price. For those investors
considering where to reallocate Nautical proceeds back into the sector, we
consider a switch into either Valiant Petroleum or Faroe Petroleum as the best
way to achieve similar, high-quality, small-mid cap UK North Sea E&P exposure.
Posted at 30/3/2012 17:24 by steelwatch
Nice comments from Edison added to the header.

As Nautical's Kraken field moves from exploration to development, investors have been understandably wary of dilution risk. However, following a transformational agreement with EnQuest and now a highly encouraging reserve upgrade, all the pieces are falling into place. With the potential to also improve Nautical's funding capacity for Catcher, thus preserving shareholder value, Nautical is one of only a few developers who offer significant upside with ever diminishing execution risk.

Click on their note dated 30/03/12 at the bottom centre.
Posted at 22/3/2012 11:25 by bugsmoney
A profit's a profit - if the share price rises 10 - 20%, with no news, trading some seems sensible.

I imagine many investors are doing this, at least with part of their investment.

I don't think it makes much difference whether it is aim or main market.

When the prices are falling, the BBs boards are filled with endless complaints about the mysterious "they" who are always manipulating the price. It's a human weakness to ascribe random events with an intelligent purpose.

I have no major worries about NPE and am happy to buy on the dips - I fully expect to be rewarded with a (further) return equivalent to several years salary within the next 2 - 3 years.

B.
Posted at 22/3/2012 07:40 by steelwatch
A presentation to analysts and investors will be held at 10.30am today at the offices of Premier Oil, 23 Lower Belgrave Street, London SW1W 0NR. A live webcast of this presentation will be available via Premier's website at www.premier-oil.com.

...Premier plans to drill between 15 and 20 exploration and appraisal wells in 2012, including a further exploration well on the UK Catcher Block and two wells, Coaster and Spaniards...
Posted at 21/3/2012 16:01 by steelwatch
Glyn - let's hope this year's budget goes some way towards unstuffing us in the same way last year's stuffed the share price.

Budget 2012: Deloitte comments on Oil and Gas changes

Wednesday, Mar 21, 2012

"Following 12 months of intense discussions on the constraint uncertainty around decommissioning relief has on activity and investment, the Chancellor announced today enabling legislation will be put in place to allow UK North Sea companies to enter into contracts with government, which should guarantee the future tax relief on decommissioning costs. .

.

"This will remove a major fiscal risk for UK North Sea investors and may release significant funds for investment by allowing companies to move to post-tax decommissioning guarantees. This will also free up capital available for investment and development of opportunities in the North Sea. This activity boost should also increase the tax take for government. Deloitte petroleum Services Group estimates that the UK North Sea decommissioning costs are estimated to be almost $50bn over next 30 years..

.

"The government has also proposed various targeted incentives namely the extension of the field allowances regime to stimulate investment in technically challenging areas such as West of Shetland where the majority of future prospects are located, as well as extending relief for smaller fields..

.

"The government has also left open the possibility of the introduction of further reliefs targeting specific opportunities such as brown fields and High Pressure High Temperature fields. This is to be the subject of further consultation between industry and government..

.

"These proposed changes are the result of detailed dialogue between government and industry and go some way to restoring trust which had been shaken by last year's SCT increase. .

.

"Work done by the Deloitte Petroleum Services group showed levels of exploration and drilling activity on the UKCS during 2011 were 34% lower than during 2010, and the lowest since 2003. To date, the levels in 2012 have been comparable to same period in 2011. The measures announced today show willingness of government to work with industry to create an environment in which the maximum economic recovery of hydrocarbons from the UK North Sea can be achieved in the years to come..

.

"Deloitte anticipates proposed measures will incentivise and encourage higher exploration and appraisal activity levels, brown field and new field developments and overall investment in the UK North Sea. It may also trigger further confidence in the financial markets to support UK oil and gas investment plans. It is likely that asset transfers and deal flow will increase especially for smaller players looking to tap into mature producing assets."
Posted at 02/3/2012 12:53 by leedskier
Soaring oil prices have displaced Greece's sovereign debt as a threat to global economic growth and financial markets, HSBC Holdings Plc, Europe's largest bank by market value, said.

"With Greece disappearing, at least temporarily, from the headlines, investors have quickly found a new source of anxiety thanks to the recent surge in oil prices," HSBC Chief Economist Stephen King said in a note today. "If the trend persists, a fragile economic recovery in the developed world could quickly be derailed and inflation could return to emerging markets."

Equity investors should "take insurance" by becoming overweight in energy stocks while foreign exchange investors should favor the currencies of oil-producing nations such as Norway, Malaysia, Brazil and Russia, he said.

To contact the reporter on this story: Stephen Voss in London at sev@bloomberg.net

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