Nu-oil And Gas Share Discussion Threads

[pj787] 01/2/2017 14:20

Here you go cc!! Just add a captial H on the hxxp:// dont ask me how this is!!

[wolfcub] 01/2/2017 14:13

Just treated myself to a few more barrels worth :)

[counting cards] 01/2/2017 14:07

From the audioboom podcast

hxxps://audioboom.com/posts/5558572-699-georgian-mining-corporation-geo-and-nu-oil-gas-nuog?t=0

During the Oil downturn NUOG were looking at the potential of Marginal Fields and also were working on stabilising work at Newfoundland and get better investment to get best value out of them.

Marginal fields are uneconomical to the owners but with the appropriate development solution can be made more economical. There is less risk attached to the Marginal Fields however as most of the exploration and appraisal work has been done if you can find right development solutions If the right development solutions are applied they can make very good returns from those fields.

Production sharing agreement:
PL2002

Has 100m barrels in place, but due to the low price on oil it has not been easy to invest in that licence and this has effected future projects works on marginal fields. They looked for a partner and found PVF who would invest in cost recovery and production. They are getting 50% revenue share.

The beauty of the deal is they now have focused management in place at Newfoundland run by people who are from the region and know the area better. They are a very experienced team with an experienced consortium in place. The rig is ready to go and is parked at Stephenville which is 50km from the site. Work and drilling is due to start in April/ May 2017.

CDPL:
The focus is on Marginal Field development, and CDPL are the drilling contractor which has joined the consortium. There is investment place now in suitable projects and they have sister companies who will help on various other aspects of the projects. Alan is very happy they have investment in place to move the projects at faster pace.

Confident projects will be secured by investment and even at current oil prices. If the Oil price goes up even better for NUOG.

Reconfigured proven technology rather than focus on new technology Looking at targeting projects which give a breakeven of around $10-25 and $30-32 dollars per barrel from sites making the Marginal Fields to be had a very very profitable!


SUMMARY
We got very active plans given by recent projects shown
Focusing on Marginal Field acquisitions which are very profitable
Allows more focus on Marginal field projects because the work in Newfoundland has been cleared up

Alan said they are very excited about the future.

[comedy] 01/2/2017 12:48

76Oil well done on your trade.

bought qpp as followed herd and didnt do research...

yell i got out even though took losses..but there i though they would be able to make hibu work..

here done months of research....we havent even bagged yet from 0.4p...

but the mm's need to make a turn and a shedload on trades,,,so happy for them to make a turn...

plus as traders leave and guys who have read up on co. take their seats we will keep moving up...each piece of news the traders will join and then leave us...

ive actually watched another stock which we think with fair wind will 5 bag in 2 years

and seen it moving up...but here i believe we will go 4p and still be cheap...have to let the day traders leave first.

[counting cards] 01/2/2017 12:25

Just had a look in on the intraday stats and it looks like we are building confidence to remain above the support of 0.72p. I think another couple of hours in this area and those that are selling will be locked out.

Price is being engulfed by both the bollinger bands and MACD is begining to rise over 30 mins intervals. So lets see what it brings.

MM have played very fair since yesterday and very pleased they did not gap up the price yesterday and allowed a fair rising market and still treating the long term holders with respect.

Will check in again at 2.30pm.

[pj787] 01/2/2017 12:07

Definitely a buy order in the background, can sell at premium to price!!

[760il] 01/2/2017 11:47

BTW good luck all.

Hope it continues to rise for you all. I am a late comer, so decided to run.

[760il] 01/2/2017 11:45

Believe me, if MMS allowed to sell highest bid price yesterday I would have sold at the highest price.

Still very grateful of 63% gain. I wanted 0.75p and it was hit.

Thank you very much




I will be upgrading new target to 1.1p
760il - 31 Jan 2017 - 11:55:17 - 3220 of 3364 Nu oil and gas.... - NUOG
Kaboom

I told you so
760il - 31 Jan 2017 - 11:39:52 - 3211 of 3364 Nu oil and gas.... - NUOG
unleashing it now
760il - 31 Jan 2017 - 11:39:06 - 3210 of 3364 Nu oil and gas.... - NUOG
Here we go


0.75p is coming. I told you so
760il - 31 Jan 2017 - 11:26:15 - 3202 of 3364 Nu oil and gas.... - NUOG
it will today


0.75p close

[760il] 01/2/2017 11:42

That's rude coming from a Comedian. Maybe you could tell everyone why you bought QPP from 18p to ....................

or yell from 2p to administration. Please do tell us a bit a more about that Gene clown. LOL. Comedian is closely associated to clowns. LOL






comedy1 Feb '17 - 09:07 - 3420 of 3446 1 0
lol...why didnt you sell yesterday in higher in high 0.7's or over 0.8p???must have the clown gene???lol

[yogaboy] 01/2/2017 11:30

PI check the 26 January RNS too. That deserves a close reading, though the market reaction was very muted on the day.

[risk1] 01/2/2017 11:24

Go in invest or rather private punt!

[the patient investor] 01/2/2017 11:22

wow, you must be proud and delighted guys


i was a nuogger too but being too impatient i sold and bought and sold and ....of course all with dubious timing


so, what's the big news? I see the rns it looks quite impressive.

do you think there is more to come?


tempted again, from the times of glenkaz the true old nutter nuogger...

[ride the wave 1] 01/2/2017 11:16

0.73p - 0.74p.

About to pop ...

[pj787] 01/2/2017 10:55

Looking good.. lets see what the day brings.. order filling going on imo.. can not see this below 1p in very near term..gla

[comedy] 01/2/2017 10:55

lol...even better yoga...

but i was thinking more along the lines

"if one should accidentally fall"


never mind another 49,999,999 bottles sitting on the wall

anyone work out how many years it would take to pump that oil out???

how many wells we are going to need??::)))

lol think most focusing on 1p...thats the only number they can comprehend????

[ride the wave 1] 01/2/2017 10:55

I'm liking the look of the intraday chart above .We are creating higher highs and higher lows

[wolfcub] 01/2/2017 10:52

Nice to come back from a walk and see we still have plenty of strength.

[yogaboy] 01/2/2017 10:48

"... sitting in a well" ;)

[comedy] 01/2/2017 10:44

well good to get a teabreak..about to pop?:)

50million bottles of oil sitting on a wall???

anyone hear that song playing??::)

[ride the wave 1] 01/2/2017 10:16

Ticking up again

[tel11] 01/2/2017 10:14

1p Today :-)

[ny boy] 01/2/2017 09:49

Best just hold for the long term here, right off out for the day

[jamdan1] 01/2/2017 09:47

Juxh a no brainer....50million barrels of oil and a market cap of 4 million. One look at how the share peice has reacted yesterday and this morning shows there is so much momentum behind this now...and that is without the next rns which is expected ny the end of the week.

[risk1] 01/2/2017 09:46

Our 50 million barrels you have been here 5 minutes

[lukic] 01/2/2017 09:45

It is moving up ?