Prospex Oil And Gas Share Discussion Threads

[ccr1958] 01/12/2017 15:12

Yes comedy , funds in safe haven for a while , folk are so obvious !!!

[ccr1958] 01/12/2017 14:42

Nice to see this so popular tho... :))

[stonefold] 01/12/2017 14:10

Prospex Oil and Gas PLC PXOG
Based on 1,013,593,136 shares in issue.

Additional to my previous valuation.

Stage One.. Italy ..Selva.. Podere Maiar-1d appraisal/redevelopment well
Targeting Gross contingent resources (2C) of 17 Bcf.
PXOG 17% working interest.

Drill reached 500m on 30-11-2017 now proceeding on to target depth of 1,300m
Operator believes target depth is expected to be reached in approximately 6-8 days. (about 7th December)

Estimated cost of sales 30%

A successful well would IMO add 1.1 pence per share to the valuation.



Stage Two .. 3 Other Italian exploration prospects
PXOG 17% working interest

East Selva Estimated 35 Bcf recoverable prospective resource

Fondo Perino Estimated 14 Bcf recoverable prospective resource

Cembalina, estimated 3.3 Bcf recoverable prospective resource


Allowing for cost of 3D seismic and drilling 4 exploration wells
Estimated cost of sales 30%

Four Successful wells would IMO add 2.98 pence per share


Total additional value of Italy IMO 4.08 pence per share

[pre] 01/12/2017 13:59

drill strike news next week here...just look at the volume...

[ccr1958] 01/12/2017 13:55

LOL.. been bitten toooo many times ..I`ll buy back later :))

[le mass du pap] 01/12/2017 13:51

bah humbug

[ccr1958] 01/12/2017 13:37

10% Brigade are here , be careful they`re full of the proverbial ,its being traded for their weekend beer money , prepare fro a sell off ! imo.

[le mass du pap] 01/12/2017 13:26

As long as it finishes above 0.63 then it's a breakout and some common sense can take hold.

[pre] 01/12/2017 13:23

News on drill next week...we could be in for a treat,plus directors buys yesterday-)

[le mass du pap] 01/12/2017 13:20

In fact the sell price got to 0.72p before the AT's hit it. Those sells probably the reason why.

[le mass du pap] 01/12/2017 13:18

I can assure you it did. Plenty of sells at 0.7.

[ravin146] 01/12/2017 13:17

O/t UOG breakout

[keya5000] 01/12/2017 13:06

LMDP

The sell price never got to 0.7.

I can assure you that.

Those trades are buys.

[blueshoes7] 01/12/2017 12:52

Picking up some steam it would seem:) Nice that rhymes.

[le mass du pap] 01/12/2017 12:41

Big delayed sells showing from earlier, 2x 5m and a 6m. Placees need to clear before lift off.

[le mass du pap] 01/12/2017 12:28

be back where it started soon, good old AIM

[westmoreland lad] 01/12/2017 12:26

PYC the dump of the day David. Hope you took some off the table !

[blueshoes7] 01/12/2017 12:15

Its been dumped for 12 months. Bottomed out months ago, quite the opposite David, this will do a GGP.

[davidpines] 01/12/2017 12:13

Soon the dump

[le mass du pap] 01/12/2017 12:10

are you sure?

[bobby1904] 01/12/2017 12:10

UOG is the way forward guys. Massively undervalued. If you are ploughing into PXOG then should be matching up at UOG!!!

[falia] 01/12/2017 12:10

HERE WE GO

[blueshoes7] 01/12/2017 12:08

This one will take off after Lunch, expecting a 100% Plus increase today..Cheap as chips.

[blueshoes7] 01/12/2017 12:05

Looking good. No rush though be back above 2p shortly. Nice Directors buys reported today. Good he is showing us a signal with his own cash.