Prospex Oil And Gas Share Discussion Threads

[dice1950] 08/7/2016 12:13

Yes people forget about the investments they have

[ccr1958] 08/7/2016 11:41

PXOGs ,MOL investment doing well of late !!!!

[dice1950] 08/7/2016 11:38

Dont worry plenty 2 like here news will transform i keep buying when i can

[ccr1958] 08/7/2016 11:14

Yes some big holders here not sure ,how many in free float . The old MMs ,don't you just love em . Never heard of playing with a straight Bat ... :)

[runwaypaul] 08/7/2016 10:44

hxxp://falconstocks.com/articles/readingmarketmakers.html

300 trade

Reading Market-Makers Signals

See the signs and messages they send each other


Many traders believe that market makers will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are from one market maker to another.



## 100 I need shares.


## 200 I need shares badly, but do not take the stock down.


## 300 Take (or I am taking) the price down so I can load shares


## 400 Keep trading it sideways.


## 500 Gap the stock


08-Jul-16 10:04:40 1.02 300 Sell* 1.021.103.06 A

[dice1950] 08/7/2016 10:31

PXOG 2 big delayed buy another huge volume day something cooking,£120K BUY YESTERDAY wakey wakey

[ryan83] 08/7/2016 10:21

I thought it was just about this drill

[ryan83] 08/7/2016 10:19

this reads impressively


Hutton Energy Group is a London based E&P company founded to pursue oil and gas exploration and development opportunities in Europe.

The principals of Hutton Energy Group have been working together for nearly two decades. The group is comprised of experienced oil and gas explorers and producers who were some of the first movers in the Marcellus Shale and retain interests in nearly all of the major shale basins in North America. Other global activity spans Australia, Asia and Europe.

Macquarie Bank invested in the group in 2010 and has remained a significant shareholder in Hutton’s expanding business. The Hutton Energy investment is held by Macquarie’s Metals and Energy Capital Division (MEC), which has invested in and provided finance for mining and energy projects for over twenty years.

Key relevant projects include:

United Kingdom: Acquired Newton Energy in August 2014. Four active blocks in the East Midlands.

Poland: 1.5m acres across seven licenses, targeting a range of conventional and unconventional resources.

Australia: Redeveloped Warro Field in Western Australia, drilling and completing two wells in 2012. Total confirmed gas in place of 8-10 TCF. Two more wells to be drilled in 2015.

Canada: From 2010 to 2014 acreage was acquired in the Duvernay, Montney, Bakken, Mannville plays.

North America: Early pioneers in the development in the Marcellus shale. Active stakes in Bakken, Eagle Ford, Barnett and Fayetteville Shale plays. Interests in over 500 producing wells in Marcellus.

[dice1950] 08/7/2016 10:07

welcome ryan83 its a buy and wait on drill timing plus they are looking at other things.
PROSPEX (PXOG.L) 4 star BUY

7th July 2016


Prospex Oil (PXOG) is continuing to look for more opportunities, but did not provide any further insight.

5th July 2016

[ryan83] 08/7/2016 10:00

joined you guys here today. GLA!

[dice1950] 08/7/2016 09:34

head of steam building

[dice1950] 08/7/2016 08:54

Doc Holiday ‏@DDS_DocHoliday 4m4 minutes ago
#PXOG the time to buy is at 1p folks #Knowthegame Market mechanics...

I hold shares

[dice1950] 07/7/2016 21:31

PROSPEX (PXOG.L)4 star BUY
1.05 +0.04 (+3.96%)
7/7/2016 4:25pm


Price and moving averages
Price and moving averages has closed above its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.
Bollinger Bands
PXOG.L has closed below upper band by 4.3%. Bollinger Bands are 73% narrower than normal. The narrow width of the bands suggests low volatility as compared to PXOG.L's normal range. The bands have been in this narrow range for 12 bars. This is a sign that the market may be about to initiate a new trend.

[rpat2] 07/7/2016 18:31

However Hutton Poland have the infrastructure in place ?

[stonefold] 07/7/2016 17:47

If the reason for the recent volume is the pump in interview #521




Then bear in mind the information upon which that chat is based comes from RNS



Which was published on 26-May-2016 – so should already be well factored into the share price.

The opinion that:
The CPR implies a value of between £8 million and £45 million.

Should read:
The CPR implies an “Expected Monetary Values EMV” of between £5 million and £8 million.

That value is dependant on a number of positive outcomes happening, such as:
Getting an environmental permit to drill.
Drilling one well and finding gas (40% chance of success for the upper reservoir target, 20% for the lower target)
That the one well is capable of producing 3,333 to 6,666 boe per day for a sustained period of time. (very optimistic)
That the gas is clean enough from impurities such as Nitrogen, to be usable for the intended plan (50% risk)
Getting an environmental permit to build a combined heat and power, "CHP" plant. (?)
Raising funds to pay for the CHP. (large placing?)


The opinion that the current Mcap of £2 million is covered by cash
Should read:
All the cash raised, including the £1.64 million by the recent placing at 1.0p is earmarked for repaying debt or paying for this year’s drilling costs.


The opinion that there is not much downside for shares trading at 1p per share – where’s the risk.
Should read:
It is an investment in oil and gas exploration, which is a highly risky business. If this year’s drill fails then the company is effectively worthless.
Some of the 164,000,000 shares issued in the recent placing at 1p appear to be being sold at 0.95p – the rest may cause an overhang for a while dependant on daily volume.
PXOG could place a further 135,400,000 shares – the placing price may be at a discount to the share price.


That said - the directors do hold shares, and sometimes a series of improbable events can result in a successful outcome, even on AIM.

[dice1950] 07/7/2016 16:55

yes very soon buy the size of todays trades m8

[ccr1958] 07/7/2016 16:41

one of these days soon dice lad this is going to fly :))))

[dice1950] 07/7/2016 16:13

£120k plus all the other buys showing as sells nearly 20m bought i smell big news

[ccr1958] 07/7/2016 16:12

someone just spent over 100k

[dice1950] 07/7/2016 16:04

Something serious coming that big bucks on a minnow

[ccr1958] 07/7/2016 15:31

Yes 3 buys of 3,819,672 ... Aye aye !!!

[dice1950] 07/7/2016 15:23

buyers coming big time

[dice1950] 07/7/2016 15:17

PXOG £80K BUY something bigs coming

[dice1950] 07/7/2016 14:48

PXOG has trades activity worth reviewing right now.