Polemos Share Discussion Threads

[euclid5] 02/6/2017 21:30

Don't forget what happened to MOIL in Madagascar - check your findings on Oyster - not drilling until late 2018 / early 2019 - still exploration drill not appraisal well

[comedy] 02/6/2017 15:22

ps they are surrounded by oil in all the countries around them...so my bet is they will find masses of oil here too...plus have all the security they need...plus seaport:)

[comedy] 02/6/2017 15:19

tomboyb...mate look at who have been getting in on quiet for last couple of months...then look up the region...and too me smacks of oil region which will be a major exploration area...and they have all the security they need with an american base...which surprisingly the americans are paying $70mill per year for 20 year lease and looking to pump in $1.4billion upgrade in the facilities.:)

[comedy] 02/6/2017 15:15

and theres your dip..a 50mill buy filled!!!!

[tomboyb] 02/6/2017 15:04

50 million trade there -

You think OY will be as big as what GKP was?

[comedy] 02/6/2017 15:00

i think as cairn became a big hitter..this is going to put oyster on the world map:)

[comedy] 02/6/2017 15:00

hxxp://royaldutchshellplc.com/2012/08/14/an-oil-giants-road-from-rajasthan-to-ruin-2/

[comedy] 02/6/2017 14:58

i think this could be massive with population of just shy of 900,000....i think any serious oil work will get us many benefits...plus first in th region and 5 years groundwork already been done...have a feeling many will want to get in to this new oil province???

[comedy] 02/6/2017 14:55

why am i thinking gkp as it went in to kurdistan????

plmo has done nothing for years...but the recent holdings rns showing boys in the loop getting in as been given the wink???

bought the 5mill block as think this could multibag...as think a lot more news coming out.

[barnes4] 02/6/2017 14:10

Why spend all the available cash and have no chance of raising capital?

Surely they weren't expecting a spike so they could place?

[escapetohome] 01/6/2017 19:44

The Republic of Djibouti is located in the "Horn of Africa". In 1999 Djibouti held its first multi-party presidential elections and in April 2011 Ismail Omar Guelleh was re-elected as President. In February 2013, Djibouti held its most recent parliamentary elections. The Republic of Djibouti was formally a French Territory of the Afars and the Issas and gained independence in 1977.

Djibouti occupies a strategic geographic location at the mouth of the Red Sea and serves as an important trans-shipment location for goods entering and leaving the east African highlands. Djibouti maintains strong ties to Europe, USA, Middle East and Far East governments, and hosts a large US and EU military presence.

Despite the significant oil and gas production in neighboring Yemen and the presence of hydrocarbons found in Eritrea, Ethiopia and Somalia over the last 50-years, there is no history of exploration for hydrocarbons in Djibouti until the commencement of work by Oyster in 2012.
Oysters blocks are located within two successful hydrocarbon rift plays, namely located in the northern extension of the East Africa Rift System, where significant oil discoveries have been found in Uganda and more recently the discoveries in Kenya, and in the southern extension of the Red Sea basin - the northern extension having been producing oil and gas for over 50-years.

Oyster signed a production sharing contract (PSC) in September 2011 with the government of the Republic of Djibouti with an effective date following the decree of 1st March 2012. The PSC was awarded for four blocks covering an area of 14,100 km² (3.5 million acres).

Oyster'swork to date, has proven the presence of the petroleum system elements, with Jurassic aged source and 3 potential reservoir fairways synonymous with other plays in the Region, that may prove to be commercially attractive targets for further exploration and future production in Djibouti.

[escapetohome] 01/6/2017 19:42

OYSTER OIL & GAS LIMITED – AN INTERNATIONAL OIL AND GAS COMPANY
Oyster Oil and Gas Limited is an international energy group focused on oil and gas exploration and production activities in underexplored hydrocarbon basins.

Oyster has a vision to build a world class portfolio of oil & gas assets primarily in Africa, through high potential exploration programs. The strategy is centered upon the negotiation of value-enhancing equity positions in a spectrum of under-exploited hydrocarbon basins which will enable the company to optimize its risk profile.

The board and management of Oyster has a proven track record of finding and developing world class oil and gas assets in emerging market economies, primarily in Africa and Middle East.

Oyster's shares are listed on the TSX Venture Exchange under the symbol "OY"

[pj787] 01/6/2017 17:57

Interesting RNS. Lets see how the market picks this up in coming days. Gla

"We are very pleased to have been able to participate in this financing at what we believe to be advantageous terms ahead of Oyster's potential dual listing on AIM. Given Oyster offers not only a large, multi-billion barrel prospective resource at what we believe to be a compelling valuation but also an extremely able management team, we are confident the intended move to London could see a substantial revaluation of the company along the line of other TSX oil and gas companies that have moved to AIM recently," said Polemos Director Hamish Harris.

[cudmore] 01/6/2017 15:20

Some large buys coming through now. This could rise another 20%

[barnes4] 01/6/2017 14:50

Rofl no wonder this is heading south

Rto is what was needed

[escapetohome] 01/6/2017 13:44

Nice nice nice
Buy buy buy

That's what I have to say

[cottoner] 01/6/2017 13:28

For info:

GUN recently (May 11 2017) also invested in Oyster Oil & Gas. (at more favorable rates)

Gunsynd is investing CAD425,000 (approximately £247,000) at a price of CAD0.40 for 1,062,500 shares in Oyster. The Company will also receive one warrant for every two shares subscribed for, at a strike price of CAD0.45 exercisable up to 18 months following closing of the Fundraising.


Gunsynd already holds 2,000,000 shares in Oyster which it acquired in January and March 2017 for a total consideration of £290,000; following today's subscription, Gunsynd will hold 3,062,500 shares in Oyster.

[goplmo] 01/6/2017 13:24

Its a start.
More to follow.

[goplmo] 01/6/2017 13:20

And NO DILUTION.

[goplmo] 01/6/2017 13:20

Dont you just love it when a plan comes together.

The Directors of Polemos are pleased to announce that the Company has signed a heads of terms to invest CAD 875,500 (approximately £500,000) into TSX-V listed Oyster Oil and Gas Limited ("Oyster") (the "Investment"). The Investment is subject only to the completion of formal documentation which is expected to be finalised very shortly and is being funded from existing cash resources. Based on an enlarged issued share capital of Oyster of approximately 44.8 million shares, the Investment will result in Polemos acquiring a 3.9% equity interest in Oyster.

[goplmo] 01/6/2017 13:19

Hamish Harris, a director of Polemos commented: "We are very pleased to have been able to participate in this financing at what we believe to be advantageous terms ahead of Oyster's potential dual listing on AIM. Given Oyster offers not only a large, multi-billion barrel prospective resource at what we believe to be a compelling valuation but also an extremely able management team, we are confident the intended move to London could see a substantial revaluation of the company along the line of other TSX oil and gas companies that have moved to AIM recently.