Nostra Terra Oil And Gas Share Discussion Threads

[michaelsadvfn] 06/12/2014 23:53

Dec 5, 2014 MARKETS
Supply glut fears push oil lower
Brent set to close below $70 for first time since 2010

Prof?

[professor pettigrew] 04/12/2014 08:57

Norland, today reiterated it's 0.46p price target. A near on 100% increase on the current price.

[michaelsadvfn] 04/12/2014 08:32

KIBO doing even better than at 22.55 yesterday.

[michaelsadvfn] 03/12/2014 22:55

KIBO doing well this week. Lubbly.

[professor pettigrew] 03/12/2014 09:40

Nice 5m buy at full ask.

[neilyb675] 03/12/2014 00:42

" You wouldn't last 5 minutes."

_______________________________________

LoLoLoLoLoL

[cool hand kev] 02/12/2014 23:20

A bit like his erection then - so I've been told

[michaelsadvfn] 02/12/2014 21:59

Anyone?

Professor Pettigrew 2 Dec'14 - 11:11 - 3161 of 3163 0 0

Topicel - I'd agree to a point. But, who knows whether this oil price fall is semi-permanent or temporary?

[barnetpeter] 02/12/2014 19:30

All very true but meanwhile the ntog price keeps falling lower. It is easy to see it much lower than this...maybe 0.12. Lots of other companies in this area are doing deals that almost wipe out existing shareholders. A mkt cap of 8 million is too high at this moment....oil is a bad place to be.

[buffythebuffoon] 02/12/2014 18:42

I was at Oilbarrel today, and a couple of oilmen believed that not only the Saudis, but also the USA (Govt!) were happy to cause a problem for not only Putin, but Iran.

I haven't got a clue, but you can be sure that the truth will out. All that matters is that our companies stay alive to watch the turn.

Buffy

[neilyb675] 02/12/2014 16:17

You can't vote for this post twice.

[professor pettigrew] 02/12/2014 11:11

Topicel - I'd agree to a point. But, who knows whether this oil price fall is semi-permanent or temporary?

Remember, the big boys that we get our percentages from are already in the process of negotiating drastic cost cuts, and those companies that supply oil drilling services are going to be first in the firing line.

I'd only really start to get a sweat on if WTI fell below $55 and stayed there for any length of time.

PP

[boo 2 goose] 02/12/2014 10:33

[...]

Time to accumalate for the long term

[topicel] 02/12/2014 10:11

mmmm, I to don't know how this is possible PP!

In fact, I suggest it is spin and OPEC are happy with the way oil is falling to put the squeeze on this upstart phenomenon called 'fracking'.

We will see but I'd back the big boys until I see a turnaround in oil price if I was you PP. It simply makes no sense unless someone can comment in detail how said costs can truly come down so much. Basic economics tells us the advantages of economies of scale, n'est pas?

Topicel

[professor pettigrew] 02/12/2014 07:36

Just to add to my posts yesterday, at an oil conference in Singapore, one of the speakers has said that US frackers and drillers are in a good position as they have driven down their extraction costs with a combination of technology and tight spending by around $30 per barrel, coincidentally roughly the extent of the recent fall.

So, maybe ML wasn't too far off the ball when he did remark last week that NTOG were fine right down to $25 per barrel.

[cool hand kev] 01/12/2014 19:45

That's nothing. I've been accumulating all month.
Nice share price turn around news due?
Quite big volume too

[chinese investor] 01/12/2014 17:44

They all took it line and sinker !
I've been accumulating all morning !

I'm off to Dubai for 10 days - James fire up the Daimler !