Nostrum Oil & Gas Share Discussion Threads

[catchingmice] 29/10/2019 11:54

A few shorters in for a shock here hope they get badly burnt

[wigwammer] 29/10/2019 11:27

All the drills this year are in the north, where there are currently no reserves booked. So far they've had one success in the north and I think 2 dusters. To repeat - none of the booked 400mmboe reserves relate to the north. Next year, the north east and west will be targeted again. This is where they produce and where reserves are booked. They have had some production issues, but I think something like 75 wells have been drilled in the north east over 15 years with not a single dry well. Hope that helps :)

[deanmatlazin] 29/10/2019 11:25

bought this morning after read the RNS. cash £91m. drilling soon + will increase production rate as well. shorters need to close. hope this will go up to 40p to start with

[awise355] 29/10/2019 11:22

Is well 361 being drilled as a development or exploration, is there more of a chance this one comes in or do we think it will also dust?

[wigwammer] 29/10/2019 11:20

Berenberg have a 25p target. On drilling success you can anticipate that target will be blow clear into space :)

[wigwammer] 29/10/2019 11:17

We have a fully funded 18 month drilling campaign ahead with the opportunity for exponential returns for equityholders on success. Backed by Schlumberger and Goldman Sachs. World class assets on sale because of debt fears that may soon dissipate as drilling progresses and production restored. ATB :)

[wigwammer] 29/10/2019 11:15

Think I said above 23 today.. :)

[awise355] 29/10/2019 11:08

Wow that was some buying

[alamaison5] 29/10/2019 10:36

Be ready for the RED, 3,2,1!
Auction at 20p then 18p close, lol

Children's...

[paradores] 29/10/2019 10:32

IMO back to 30p and then onto 40p. No hay problema. Dulces de una nina!

[alamaison5] 29/10/2019 10:15

What really bothers me is that some novices will fall into this trap and will lose money.

As I did years ago.

18p to 20p (if you're lucky) finish...

Ask yourself the right question: one of them is.

Why would you have a resident ramper here? Posting every 5mn...

[wigwammer] 29/10/2019 10:02

Bigbruv can see my profits moving back to extremely large, from very large. I know he'll be happy about that too. When you've got a good one, look after it. ATB ;)

[catchingmice] 29/10/2019 10:01

I think you are right going well over 23p by the looks of it

[catchingmice] 29/10/2019 09:53

Buys showing as sells currently

[alamaison5] 29/10/2019 09:53

wigwammer29 Oct '19 - 07:49 - 1037 of 1059
0 1 0
They need one decent result and this will fly... “Well 361 drilling complete and testing commenced..”


The plunker need the share to be at 30p to be in profit, lol.
The results are the worst ever. Simple enough?

[catchingmice] 29/10/2019 09:50

Nerves of steel needed when you see a 16% drop on open but i can see why some pi's do sell.It's a market driven by fear most of the time but gives opportunities for the one's who hold to pick up cheap stock on sudden drops.Moving up nicely now the bounce has started

[mbdx7em21] 29/10/2019 09:45

today's strength is note worthy.

[awise355] 29/10/2019 09:40

Bid going higher with sells.

[wigwammer] 29/10/2019 09:29

Possibly higher, catching. The market is now realising a new and positive phase to the story is about to unfold :)

[wigwammer] 29/10/2019 09:28

I bet ala's post is full of intelligence, insight and most of all.. a lot of laughs :)

[catchingmice] 29/10/2019 09:28

There we go back in the Blue could finish around 23p ?

[alamaison5] 29/10/2019 09:27

Fear? You're getting robed kids.

These results are appalling and MMs are playing the "not too bad after all game".
Buy and make them rich, lol.
Closing at 18p if lucky.
Blue? Not for long...
No shorts open anywhere by the way...

hxxps://shorttracker.co.uk/

[paradores] 29/10/2019 09:24

Are we in auction? Looks like a big order being filled. Everything froze at 0922...

[catchingmice] 29/10/2019 09:22

Should be turning Blue soon mm's putting the fear into vulnerable pi's.Stick with it and this will bounce pretty soon

[paradores] 29/10/2019 09:18

Agree, the narrative (and sentiment with it) will now shift to the 2020 programme. Clear and present. It’s gonna happen!