Share Name Share Symbol Market Type Share ISIN Share Description
Nu-Oil & Gas LSE:NUOG London Ordinary Share GB00B29T9605 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.005p +0.45% 1.125p 1.11p 1.14p 1.13p 1.085p 1.12p 11,230,006 16:26:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -0.8 -0.3 - 13.71

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15:19:061.1329,804337.50O
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Nu-Oil & Gas (NUOG) Top Chat Posts

DateSubject
18/8/2017
09:20
Nu-Oil & Gas Daily Update: Nu-Oil & Gas is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker NUOG. The last closing price for Nu-Oil & Gas was 1.12p.
Nu-Oil & Gas has a 4 week average price of 1.08p and a 12 week average price of 0.27p.
The 1 year high share price is 1.84p while the 1 year low share price is currently 0.06p.
There are currently 1,218,592,348 shares in issue and the average daily traded volume is 21,342,827 shares. The market capitalisation of Nu-Oil & Gas is £13,709,163.92.
15/8/2017
08:25
timw3: Heads up Seller cleared at AAOG... $800m spud in 4 weeks!! AAOG without doubt in play now seller out with that 1m sell printed after hours. Fincapp valuations: Mengo hit 750bopd - £70m MCAP - £1 Djeno hit 10k bopd - £750m MCAP - £10 So £11 potential vs 28p share price Current market cap is only £10m once cash is stripped out. £10m cap vs $1billion potential... No brainer at these levels. 60p+ target at least prior to spud in 4 weeks
04/8/2017
10:34
yogaboy: cos don't get me wrong, I'm a great fan of this share, holding 5m @ 0.4p.But I'm always puzzled by posters who state a prediction, only to follow it with another, and another, and so on. I honestly wonder what they're trying to achieve. If they have some analysis that concludes with a figure, let's have a look at it.The next project milestone on PL2002-01(A) will be announced when it happens. Given that the work is happening right now, that won't be far away, and the announcement will be either good news or bad news. I'm holding, so I hope it will be good news with a share price rise to reflect it.
15/7/2017
12:39
thecashmoney: Yeah I agree Monday could be interesting see what happens with the share price ,lots of big money coming into the share,the kind of money that to me suggests the news will be good ,you don't put that sort of money into a maybe . Pvf have not signed a deal if they don't believe this will be a success,still lots of doubters probably trying to get lower entry ,but the price is still low now compared to where it will be as soon as the market gets confirmation,with the tweets and noises coming from sources it's looking very good here imvho
12/7/2017
00:14
darkglasses: Malcolm Stacey 'share prophets' analysis as follows: I'm getting a feeling of deja vu with Nu oil and Newfoundland. There seems to have been far less mention of the sort of flows that could be expected from this well. Going back to the original RNSs from when it was flowed in 2013, they showed that it was flowed for 214 hours and produced 1,731 barrels of oil during that time, with a 44% water cut. Open hole flow rate was 310boepd, but there were some expectations that might increase once load water had been flowed out. Operations were subsequently suspended due to ‘unforeseen mechanical issues’. Even if they do manage to get it flowing now, then once costs have been recovered by PVF, and assuming similar flow rates to before, that doesn’t suggest that there will be an awful lot left for Nu-Oil, certainly not to justify the 300% or so rise that we have seen in the share price in the last couple of weeks – given that it has added around £12 million to the market cap of the company. Yes the company may soon be at a stage where it is producing a relatively small amount of oil net to it, but it is hard to see that justifying a market cap of in excess of £16 million. I certainly wouldn’t even be considering buying at the current share price of 1.6p. Definitely one to avoid at this level.
03/7/2017
12:33
timw3: #NUOG still only at the share price the directors paid in feb 2017. Bags to come here short term as newsflow commences as per todays RNS
19/5/2017
22:38
taxibabe: emailing nigel will be a waste of time. If he had anything to say there would be an RNS. Fact is that the share price tells all- there is nothing much to say at present. When and if there are developments you will see it first in the price of SHP and then in the price of NUOG. If drilling is auccessful SHP will be a bigger beneficiary as it has fewer shares and has the shallow zone which is easier to extract oil from. As for MCDEVCO thzt will have to wait until NUOG is producing oil. I dont think the MINTYS want to be on the line for millions in the event of an environmental disaster.
12/3/2017
20:35
ride the wave 1: Taken from LSE 27/2/17 (options rns day). The 48m options which are at 0.6p to be exercisable within 5 years and only then after a 9 month lock in process are for salaries not taken up from the past. Nigel Burton as an example is getting none as a reward since he only joined in Nov 15. So as an example Alan Minty gets 12m at 0.6p. If exercised today that would be £72k. However if the share price was to hit say 5p then that would be £600k. No one is going to say no to that! If Minty was just going to take £72k then he has only taken possibly less than he would have had he taken a wage in the first place. So for the directors the objective is to get the price high enough to make good use of the options. If we took Minty again as an example based on his previous options of 5m, exercisable at 16.4p, that would have brought in £820k. Now assuming again he is targetting that value into the next 5 years, he will need to see a price of around 4.1p to get the same resultant incentive from his total 20m options made up of reward and incentives. This means that we can say that the minimum target that the directors are placing on NUOG into the future is 4.1p and the tops would be lower than 16.4p (otherwise they could have kept those previous options intact instead of cancelling). I think what some want from NUOG and what is realistically achievable is slowly beginning to sink in. For me this shouts volumes.... OK there is a little dilution but ultimately the directors are awarded options at a decent premium... This means they will be working extra hard to get the share price up so that they benefit from the options.... We know that they are working on a aquisition, so when news lands we will get a nice spike in the share price ... Directors will no doubt want the share price higher when their options are due to be exercised.... Quite obvious they didn't take wages at some point last year but kept working as they had belief in the company . People wanting that lower entry point will be out in force today based on the misconception this is bad news , but in fact its quite the opposite and those options provide an incentive for the hard working directors to get these deals over the line. I mean nukem with his 20 post history posting today and of course you will see others. If the bod are owed wages and they have taken options above the current share price then that should tell you all you need to know about where they see the future share price Jmo I’ve looked at the LSE chat and I guess there are several points: 1 Options are of no value until the share price rises above the exercise price, so at the moment these are worthless 2 Directors have been given options not shares, so for example if the share price reaches 1p Direc
27/2/2017
16:49
easwarareddy: The 48m options which are at 0.6p to be exercisable within 5 years and only then after a 9 month lock in process are for salaries not taken up from the past. Nigel Burton as an example is getting none as a reward since he only joined in Nov 15. So as an example Alan Minty gets 12m at 0.6p. If exercised today that would be £72k. However if the share price was to hit say 5p then that would be £600k. No one is going to say no to that! If Minty was just going to take £72k then he has only taken possibly less than he would have had he taken a wage in the first place. So for the directors the objective is to get the price high enough to make good use of the options. If we took Minty again as an example based on his previous options of 5m, exercisable at 16.4p, that would have brought in £820k. Now assuming again he is targetting that value into the next 5 years, he will need to see a price of around 4.1p to get the same resultant incentive from his total 20m options made up of reward and incentives. This means that we can say that the minimum target that the directors are placing on NUOG into the future is 4.1p and the tops would be lower than 16.4p (otherwise they could have kept those previous options intact instead of cancelling). I think what some want from NUOG and what is realistically achievable is slowly beginning to sink in. For me this shouts volumes....OK there is a little dilution but ultimately the directors are awarded options at a decent premium...This means they will be working extra hard to get the share price up so that they benefit from the options....We know that they are working on a aquisition, so when news lands we will get a nice spike in the share price ...Directors will no doubt want the share price higher when their options are due to be exercised....Quite obvious they didn't take wages at some point last year but kept working as they had belief in the company . People wanting that lower entry point will be out in force today based on the misconception this is bad news , but in fact its quite the opposite and those options provide an incentive for the hard working directors to get these deals over the line. If the bod are owed wages and they have taken options above the current share price then that should tell you all you need to know about where they see the future share priceJmoI've looked at the LSE chat and I guess there are several points: 1                    Options are of no value until the share price rises above the exercise price, so at the moment these are worthless2                     Directors have been given options not shares, so for example if the share price reaches 1p Directors would pay 0.6p to the company to exercise and have a gain of 0.4p if they sold3                     The value of 8m incentive options is £32,000 if the share price reaches 1p, which I imagine would make everyone happy4                     The options could not have been issued if there was a price sensitive announcement imminent5                     This would suggest that Directors are now free to purchase shares, although whether they will and when is only speculation6                     The reward options are for salary not paid in the past, including prior to the CEO joining in 2015. These options will only be worth anything if the share price goes up7                     The options give the Directors strong incentives to deliver projects which benefit the share price
27/11/2016
09:23
the patient investor: Nigel seems a decent man. He answered me on Sunday am!! Dario, Thanks for contacting me. As you’ll be aware, I’ve answered the same questions 3 times already yesterday, and your friends have posted my answers on the LSE bulletin board. I’m sorry you find my answers weak, but if you were a Director of an AIM listed company you’d understand what we can, should and cannot say – others have found what I say reassuring. I’m afraid I don’t understand the logic of your point about the timing of the announcement and placing – once the Aibel agreement was signed we were obliged to announce it as soon as possible, and did so. We could not have announced the placing at the same time as it was only after the market reacted to the announcement that it became possible to raise funds. You suggest that we could or should have raised funds before announcing the Aibel agreement, but the rules about price sensitive information mean that would be impossible. Whilst you are right that any placing causes dilution, these funds are needed to be able to implement the business plan so it was clearly in the interests of all investors to raise funds – the fact that, despite the slide in the last 10 days, the share price is still more than 5 times the level for most of August and September suggests that the market understands that too. Now that I’ve given you and your friends the fullest answers possible I don’t plan to make any further responses given the imminence of our results announcement. Regards, Nigel Burton Chief Executive Officer NU Oil and Gas plc 077 8523 4447 Nigel.Burton@NU-OilandGas.com From: P Sent: 26 November 2016 22:39 To: Nigel Burton Subject: NUOG's future Dear Mr Burton I am a share holder of your Company. I believe in your business model. The agreements with key operators in the industry published by you in the last months sound very promising. They are amongst the reasons why I invested in your company. However, discussing with other fellow shareholders we feel a great degree of disappointment and profound concern on how you are conducting your relationship with us and the market. There are various disappointing facts that are rather discouraging, if not worrying. First of all, we are not happy with a total lack of financial commitment by any of the directors. We would welcome an explanation of this. Your financial commitment will give you some credibility and us some reassurance. Not having invested your own money because you are in close period, ahead of results, is a ridiculous excuse. After 14 months you and the BOD should have developed some conviction about what you are doing, about the company your are leading, and the true potential of your projects. The fact you have not invested is worrying. Secondly, the share price’s decline seems unmotivated, considering that no official detrimental news have been published to trigger this decline. It is of great concern that you have not taken any action in giving the market an explanation for this decline. A simple statement of reassurance would have reduced this problem. It is very common practice in many companies. It was in your power and it would show that you care about your share holders. You failed to take this simple but potentially very beneficial action. Thirdly, they way you managed the publication of your placements, was badly timed, to use a euphemism. You published great news on the 5th of October which triggered a spike on the share price which encouraged many investors to buy and the day after you came up with your first placement/dilution news which destroyed the price. Not a very "elegant" move. You could have done it in a different way, very easily, by combining the two news. There was no honest logical reason for not doing it. There was no honest reason to use that sequence. There was no urgency to publish the news of the Aibel deal on the 5th. The two news together would have probably cancelled each other. Or, should you have reversed the order of publication it would have been even better. I am not even going to mention that you came up with yet another placement just a week later. Beyond belief. You showed total disrespect for the inevitable damage to your shareholders. I would welcome your feedback and, as we are disappointed about the endless delay of an update to the market of your activities, we would appreciate if you could rectify this situation soon. I am aware of your reply to one of our fellow shareholders. Quite a weak reply with very vague statements. Saying that there is no point in publishing minor updates is wrong when you know that share prices are hugely supported by reassurance of the market and by the general positive sentiment induced by a caring directorship. Especially, I am stating the obvious, when the price is in free fall. Again, you failed on this point too. You may say you have no official obligation to perform any of the actions listed above. You may be right. However, I believe you do have the obligation to work in the interest of your shareholders and doing what you failed to do would have proved that you do care about them. Thank you for your attention. Best wishes.
26/11/2016
22:39
the patient investor: I SENT THIS EMAIL A MINUTE AGO Dear Mr Burton I am a share holder of your Company. I believe in your business model. The agreements with key operators in the industry published by you in the last months sound very promising. They are amongst the reasons why I invested in your company. However, discussing with other fellow shareholders we feel a great degree of disappointment and profound concern on how you are conducting your relationship with us and the market. There are various disappointing facts that are rather discouraging, if not worrying. First of all, we are not happy with a total lack of financial commitment by any of the directors. We would welcome an explanation of this. Your financial commitment will give you some credibility and us some reassurance. Not having invested your own money because you are in close period, ahead of results, is a ridiculous excuse. After 14 months you and the BOD should have developed some conviction about what you are doing, about the company your are leading, and the true potential of your projects. The fact you have not invested is worrying. Secondly, the share price’s decline seems unmotivated, considering that no official detrimental news have been published to trigger this decline. It is of great concern that you have not taken any action in giving the market an explanation for this decline. A simple statement of reassurance would have reduced this problem. It is very common practice in many companies. It was in your power and it would show that you care about your share holders. You failed to take this simple but potentially very beneficial action. Thirdly, they way you managed the publication of your placements, was badly timed, to use a euphemism. You published great news on the 5th of October which triggered a spike on the share price which encouraged many investors to buy and the day after you came up with your first placement/dilution news which destroyed the price. Not a very "elegant" move. You could have done it in a different way, very easily, by combining the two news. There was no honest logical reason for not doing it. There was no honest reason to use that sequence. There was no urgency to publish the news of the Aibel deal on the 5th. The two news together would have probably cancelled each other. Or, should you have reversed the order of publication it would have been even better. I am not even going to mention that you came up with yet another placement just a week later. Beyond belief. You showed total disrespect for the inevitable damage to your shareholders. I would welcome your feedback and, as we are disappointed about the endless delay of an update to the market of your activities, we would appreciate if you could rectify this situation soon. I am aware of your reply to one of our fellow shareholders. Quite a weak reply with very vague statements. Saying that there is no point in publishing minor updates is wrong when you know that share prices are hugely supported by reassurance of the market and by the general positive sentiment induced by a caring directorship. Especially, I am stating the obvious, when the price is in free fall. Again, you failed on this point too. You may say you have no official obligation to perform any of the actions listed above. You may be right. However, I believe you do have the obligation to work in the interest of your shareholders and doing what you failed to do would have proved that you do care about them. Thank you for your attention. Best wishes.
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