Share Name Share Symbol Market Type Share ISIN Share Description
Oilex Nl LSE:OEX London Ordinary Share AU000000OEX8 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.03p +12.77% 0.265p 0.25p 0.28p 0.29p 0.235p 0.235p 68,292,781 11:24:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.1 -2.2 -0.2 - 3.13

Oilex Share Discussion Threads

Showing 29376 to 29400 of 29400 messages
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DateSubjectAuthorDiscuss
17/11/2017
20:18
what if there are delays on the below? Both matters are expected to be quietly resolved in a timely fashion over the coming months. Page 8 below - funding required - so expect more dilution - 1.7B shs in issue already Target planned for 2018 and is subject to PSC extension and adequate funding https://www.rns-pdf.londonstockexchange.com/rns/3371W_-2017-11-13.pdf
euclid5
17/11/2017
20:11
From the Align Report Strategy for growth Management plans to have completed dealing with all the legacy issues in H1 2018, which will allow real progress to be made. The two remaining issues are the licence extension for the two Indian projects as well as the situation involving JV partner GSPC These items both really rest with the government as the Director General of Hydrocarbons (DGH) is in control of oil and gas licencing and GSPC was set up by the Gujarat State government. Both matters are expected to be quietly resolved in a timely fashion over the coming months. A ten-year licence extension would take both projects through to September 2029. The resolution of the GSPC situation is more than likely to be achieved by bringing in a large financially-stable new joint venture partner probably assuming most of GSPC’s stake, with GSPC ending up with a small interest. To this end, Oilex has opened a data room and has been soliciting interest from larger international E&P companies in an attempt to ensure that the deal is secured for a preferred partner.
teraferma
17/11/2017
11:01
Thanks Someuwin - Looks like Align will be buyers -
tomboyb
17/11/2017
10:51
Align Research‏ @AlignResearch · 30 minutes ago Oilex re-rate currently in the foothills. Reminder of our stance per research release yesterday - http://www.alignresearch.co.uk/cpt-company/oilex-limited/ … … We intend to add to our position when out of 2 day release restriction on dealing. #OEX
someuwin
17/11/2017
10:51
Just bought some, embrace for a crash
multibagger123
17/11/2017
10:38
And the fca would say no insider trading going on here. Corrupt from the very top.
doerx2
17/11/2017
09:49
Align have a 1.6p target for OEX - They did pretty well with MYN and that is an ongoing investment play from 0.25p to 1p -
tomboyb
17/11/2017
09:40
Come on oex. Get the finger out.
luckygit
17/11/2017
09:36
I've waited a very long time for this......fingers crossed.
geoffmanana
17/11/2017
09:28
Ticking up...
patientcapital
17/11/2017
08:49
It does look like background buying - Very little stock floating around -
tomboyb
17/11/2017
06:10
1.6p target with the latest report: http://www.alignresearch.co.uk/wp-content/uploads/2017/11/Oilex_Initiation_Align_Research_16th_November_2017.pdfSomeone buying in the back ground.. 0.30s before the herd arrives
daar
16/11/2017
20:52
Slide 1 says it’s a MOPNG interactive session. The link is on the DGH website only (not oilex) and just look at the content! Edit Also from the Align Research Paper "Due to its past, Oilex lost a lot of credibility with investors and also within India. Relations in the country have now been rebuilt, Joe Salomon was recently invited to present to an industry gathering at a recent Indian government roadshow for the oil and gas industry. The team has also made a lot of headway into two remaining legacy issues - gaining licence extensions on its projects and resolving a trying situation with JV partner Gujarat State Petroleum Corporation Limited (GSPC) which owes the company US$5.5 million for past project expenditures." hTTp://www.alignresearch.co.uk/wp-content/uploads/2017/11/Oilex_Initiation_Align_Research_16th_November_2017.pdf
teraferma
16/11/2017
20:38
Some good links Tera - why do you think the Mumbai presentation was on behalf of the MOPNG & DGH and not Oilex?
josephrobert
16/11/2017
14:22
Lots of stock being sold - However share price seemingly holding up pretty well -
tomboyb
16/11/2017
11:24
SP moving north but for how long?
luckygit
16/11/2017
10:55
Shady dealings going on here. Very fishy.
doerx2
16/11/2017
10:54
Bit of interest today.
patientcapital
16/11/2017
10:27
Seems to helped the share price - 1.6 target
tomboyb
16/11/2017
10:27
Seems to helped the share price - 1.6 target
tomboyb
16/11/2017
07:29
Align Reseach note 1.6p target hTTp://www.alignresearch.co.uk/cpt-company/oilex-limited/
teraferma
15/11/2017
17:46
JR. That's the significant point that most have missed. The Mumbai presentation was on behalf of the MOPNG & DGH not Oilex. JS did a presentation extolling the virtues of doing business in India and how the new political regime has made it easier. This then makes it very unlikely (IMO) that the DGH will turn round and say sorry no PSC extension.. It is my opinion that when (if) the PSC extension happens, Oilex will take GSPC 40-55% stake in Cambay for monies owed (hence why payments have stopped). New strategic partner will then have the 40-55% stake from GSPC and Oilex will farm down 15% of their stake to leave about 30% but with enough money for the first phase of the work programme. All IMO..
teraferma
14/11/2017
19:31
Re reading the presentation if GSPC do pay up that changes everything - Multi-TCF potential - If a partner comes in again that would change everything as well -
tomboyb
14/11/2017
15:53
Thanks for the link chaps - Just going through the new presentation -
tomboyb
14/11/2017
07:42
Interesting Tera - especially on the right of page 11 of the MoPNG - who wrote that? In the latest presentation lot of pointing to next year's activity and LNG's prices certainly are not hanging around. Any strategic partner would be waiting for the extension and because they have it in the presentation then OEX must be serious about this - well after all how else can they fund it. P12/13/14 all interesting imo. All hinges on extension and then funding. I may be wrong but other than GSPC not paying what they apparently owe us then it looks a good investment once the extension is delivered. P14.highlights the upside in particular. Can't quite work out that 12M transaction but looking at the price action then looks like a BUY to me.
josephrobert
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