Nu-oil And Gas Share Discussion Threads

[pj787] 05/1/2017 08:39

Frustrating but this Aim..

[comedy] 05/1/2017 08:29

pj does look likely...could buy 1mill...bought another 300k..and they have upped the share price .so who knows??? personally going to drip feed my buys over coming weeks...see 1.5p on these sometime this year. so playing the patient game.

[pj787] 05/1/2017 08:20

This is just a hunch but I believe this is being shorted from the recent trading activity.... when news lands will get squeeze...

[easwarareddy] 04/1/2017 23:06

Where and when is the agm. Don't seem to have received an invite

[counting cards] 04/1/2017 22:47

Lyates hope you are well my friend. I have sent you an email.

[lyates2010] 04/1/2017 21:41

PJ...think that's one for the agm..although I have seen Alan does hold shares which were I believe part of his remuneration package...however not too sure without looking this up.
But yes we are out of the closed period now, and I do agree with you. Numerous holders have asked for this, if I'm on my own at the agm, this will be one question I will ask.
Maybe next week I can take a few other questions if your not going for you. I know CC has said hes not going.

[pj787] 04/1/2017 21:19

There was mention of it will only take one project and this will be transformational for nu oil! Now question I would like answering is, if the confidence and excitement it there will the BoD's be buying shares!! What message will that give to the market...

[lyates2010] 04/1/2017 21:10

PJ with newfoundland assets you would think more focus would of been put on these. These alone will be massive for the shareprice if they land. However it seems a side issue, a bonus. Not too long to wait Febuary I believe for both G2 and PVF to state their interest. This makes me think that we must be very close to announcing our first project/s as Mintys excitement seemed all around the projects to come. I also would hope that we could go to the AGM with a buzz about the prospects of NU-OIL.
Wouldn't it be great to here this in the next 10 days.
Come on Alan...let's pop those Champagne corks!!!

[pj787] 04/1/2017 20:54

Looking at recent marginal field oil development in the market there is huge potential for nu oil we just need to get our first project signed sealed! Some PR would do good prior to the AGM imo. Yes agree the more shareholders the better...

Patience will pay off here imo. keep the faith..

[lyates2010] 04/1/2017 20:45

Thanks PJ and all happy New year to you.
I agree think the office is closed until Monday.
I would really like news before AGM, however I am of the opion being a holder for a while now we are going to have to wait getting used to the patience game!
Looking really positive though will be a great year for all of us who are holding.
The more holders who go to the agm the better..I would like our voice to be heard and hear first hand the plans for 2017.
I hope I'm not the only one??

[pj787] 04/1/2017 19:17

I took a snippet but well worth a full read..

Nu oil is placed well and can take advantage of the current oil market..
Great read....



ML: So you believe that there's still a lot of potential left in the North Sea? How long do you think that can continue?
TH: The North Sea has got a long time to live still, but in a different way and I think the industry has already seen this. The big major new discoveries in the North Sea are unlikely to be there any more, although you never know. We did get Johan Sverdrup in Norway for example, a couple of years back, a fantastic and very significant new discovery. There is also some significant ongoing development both in the UKCS as well as in Norway. Hopefully we will see the oil price stabilise over the next six months which should drive some confidence for operators to start investing more in the North Sea.

But important to continued activity in the North Sea is the development of marginal fields as well as life extension of our existing fields. The industry needs to cater for this in a safe and efficient way at a cost level that supports the price level that we have today. Both operators and the wider supply chain in the industry need to be economical at the current oil price.

ML: How important is investment in new technology?
TH: You already see both new technology and different thinking from the operators. If you look at some of the operators right now on the UK side of the North Sea, there is much more willingness to look at new technology and new ways of doing things.

We need not just new technology but new ways of engineering things, using smaller companies such as companies which we invest in rather that only the bigger service providers. We clearly see that already, there is a trend towards thinking differently. The industry has to think differently to be able to reach the cost-saving and the efficiency savings that are needed.

ML: Do you think the 2014 price crash forced the industry to modernise?
TH: Yeah absolutely, I think it was a very healthy correction.

ML: You mentioned that you're looking for unique companies. Do you have anyone in mind at this stage?
TH: We can't talk about things which we haven't invested in yet, because as you can imagine there's competition out there. But as you will have seen in our portfolio, we invest across the life cycle of the assets and the oil field. We have a rig company based in Singapore, we have various downhole drill companies, we have companies on the inspection side, and we have drilling-related companies.

We look across the value chain. There are some themes that we look for, for example on the inspection side there is a wall of maintenance needed. Maintenance is going to be more and more important as we need to keep [offshore infrastructure] running for a longer period of time. Keeping maintenance and inspection of the assets capital-efficient and safe is going to be more and more important.

We're looking at various new technology companies that can drive that. In terms of well construction we're looking at companies that can provide a lot of price efficiency, in terms of well engineering and well construction. We're looking at companies that have novel technology and novel services into the decommissioning and P&A market.

Really while there is a long life left in the North Sea, there is a whole lot of P&A and decommissioning that is going to come through over the next 15-20 years so we're looking at companies that can do that efficiently as well.

[pj787] 04/1/2017 17:38

Evening lyates hope you are well.. and yes when we get our uptrend this will move very quickly.. Hoping for some news before Agm.. Nigel Burton maywell still be away from office currently... gla

[1959cos] 04/1/2017 17:37

happy new year lya2010.gl.

[lyates2010] 04/1/2017 17:34

Not having mine!!
Should be a good month for NUOG...lots of news to come.
Can't wait to begin an uptrend.
Will some news come before AGM??

[1959cos] 04/1/2017 17:32

tried to buy 1.5 mill before close could not manage it.

[pj787] 04/1/2017 17:27

Something going on in the background, you could sell 5m+ on a few occasions mms need shares imo...

[taxibabe] 04/1/2017 17:15

2.5 mill is what 8.5k or nothing much. I think shard are supporting their investment - remember they need to get their 3.5 mill back and they won't do it with a cap of 2. Odd million

[risk1] 04/1/2017 15:51

The ole pi wondering why the share price is down zzz

[comedy] 04/1/2017 15:20

well ive had to fok 300k to buy...but could sell 2.5mill in a oner???

[taxibabe] 04/1/2017 15:14

Maybe maybe not - I suspect a lot of those bids are shard seeking to deter sellers and they quickly pull them if anyone sells.

[pj787] 04/1/2017 14:44

Mms need shares drop is false can sell many millions!!lets see what other tricks a played. Gla

[pj787] 04/1/2017 13:11

Hoping for some action this afternoon mms looking for shares!!! Gla

[pj787] 04/1/2017 12:35

Good two way trading going on.. would like to see a little blue to finish the day..

[pj787] 04/1/2017 11:50

1 trade mms please stop messing around....

[marvel66] 04/1/2017 08:42

Good morning