Sibir Energy Share Discussion Threads

[cityfarmer] 23/4/2009 21:46

The SBE story would make a great book and I am looking forward to the next chapter.......... good luck fellow SibirMen

[davron8] 23/4/2009 21:39

This situation is certainly the strangest one I have known since first buying Sibir shares in 2000. On several occassions I have sold and bought back in later and always at a very good profit. My last buy was 3rd Dec 2008 at 39p when I topped up with 12500 shares. I have always believed in SBE and Mr Cameron whom I have met on a number of occassions so recent events have been a great shock. The acting CEO is a first class person but then I thought Cameron was so must wait and see if I'm correct now.
As to the share price I'm certain we will see an offer if one does proceed in excess of £6-00 per share. If no formal offer comes forward then the shares are worth holding for the longer term. Of course it is in my honest opinion.
Good luck to all the older holders.

PS have a look at Ascent Res. This is going places. Reminds me of Sibir years ago but without being in USSR.

[hermana] 23/4/2009 20:40

Abramovich aka stickyfingers was forced to flog out Sibneft to Gaz. Then onto a lifetime of blondes and new moneyed conspicious consumption.....

[yf23_1] 23/4/2009 20:28

I think the 16% must be Mr T or the tobacco baron as who would sell as £4.30 now £5 from another bidder and Rosneft lurking too.

Isn't Gazpromneft now the new name for the company that Mr Abromavich had that appropriated our other oil field ?

[josels] 23/4/2009 19:43

gatdecor - 23 Apr'09 - 16:34 - 3270 of 3272

Take my word and read my previous message carefully. "and see if the pay what they said they would do: £4.3" Everything is true, but only words, no proof.

I called them in the morning 3 times (each time with a different person) to show them the new info, in the afternoon two of the persons I spoke in the morning with called me back.

All the best, but IMHO:

doubt you can take this further as to sell the stocks in this way is not probably in your contract -TDW would have acted in your behave by phone with a third part- you should have negotiated a fee in advance for this representation (job possibly outside your contract).
-Credit Suisse may or not not pay for your shares when TDW offer them, there was not obligation from part of Credit Suisse to buy any share just a promise, until the consideration has not been made there is not contract.
-Look the RNS that says that Credit Suisse has bought none; a bit strange don't you think so? You see I can say, bring any share to me I pay £5 for each, and when you show them to me, I said well rather not.

All the best, I would take it easy.

[camy] 23/4/2009 16:37

Assuming Mr T bailed out then we may see debts being be repaid, court action settled and shares relisted. Its a wait and see game but things shaping up much better than they were.

[gatdecor] 23/4/2009 16:34

josels do have proof of this from TD Waterhouse cause I have been told by them that they cannot sell my shares (company policy) as the shares are suspended! I explained and read them the LSE RNS but still refused to! ,at the moment I am awaiting a higher level call back from them and if no clear explanation I will take the matter further.
thanks

[josels] 23/4/2009 16:22

TOPINFO

they said that they were willing to go to Credit Suisse to represent me and see if the pay what they said they would do: £4.3

I phoned the guy in credit suisse and he said they were interested in any amount of shares never mind how small.

So I got nothing so far....lol they did not keep the offer till the end of the day, no so sure whethet they can withdraw their offert,

never mind I made my decision: wait to the open market

TDW were good, they even call me not once but two times for the shares and were in contact with Credit Suisse

[josels] 23/4/2009 16:20

This only can be good.

[miamisteve] 23/4/2009 15:58

389m shares x .16 x 5 = 311m gbp.

Pretty sure this is a bailout for Mr T.

[1nf3rn0] 23/4/2009 15:36

accoring to this Gazprom didn't have a stake in SBE yesterday. They've done well to get 16% so quickly - will they be Mr T shares?

[bohemia] 23/4/2009 15:27

Offer for Sale of shares in Sibir Energy Plc ("Sibir") on behalf of JSC Gazpromneft ("Gazpromneft")



Renaissance Securities (Cyprus) Limited ("Renaissance Capital") announces that it has successfully closed its invitation to offer for sale shares in Sibir at 500p on behalf of Gazpromneft.

Following closing and settlement, Gazpromneft expects to own in excess of 16% of the outstanding shares in Sibir.

Sibir is listed on AIM (Ticker: SBE:LN). The shares are currently suspended and Renaissance Capital makes no representation as to the accuracy or completeness of public information regarding Sibir.

Commenting on the acquisition of the shares in Sibir, Mr. Alexander Dyukov, Chairman of the Management Board and CEO, of Gazpromneft said: "We are delighted with the results of the transaction undertaken today on our behalf by Renaissance Capital. We are pleased to have become a significant minority shareholder in a company that we regard as a world-class asset."

[josels] 23/4/2009 14:14

what would anybody (the bidders) behave like that? THey must have powerfull a reason. May be some of the russian bosses wanted to get better price for their shares.
we will see, what a saga

[gatdecor] 23/4/2009 14:14

yet to me they say they cant !!!! I have made a complaint now.

[topinfo] 23/4/2009 14:13

What did they offer you?

[josels] 23/4/2009 14:12

TDW call me an hour ago to sell my shares and I rejected the offer.

[bohemia] 23/4/2009 14:07

Other offer withdrawn...


Sibir Energy PLC SBE Gazpromneft Offer
RNS Number : 0615R
Sibir Energy PLC
23 April 2009


Sibir Energy plc ("Sibir")
Offer on behalf of JSC Gazpromneft ("Gazpromneft")

The Board of Sibir (the "Board") notes the announcement today by Renaissance Securities (Cyprus) Limited ("Renaissance Capital") on behalf of Gazpromneft inviting offers for the sale of Sibir shares to them at £5.00 per share. This offer is a market operation which does not involve the co-operation of Sibir.

The Board confirms that no approach has been made by Gazpromneft to Sibir or to its advisers.

Furthermore Sibir confirms that this is not related to the preliminary informal approach from another party that was disclosed to the market yesterday. The Board can confirm that the approach from this party has now been withdrawn as a result of the announcement yesterday by Credit Suisse International and today by Renaissance Capital.




Sibir also notes today's announcement by Credit Suisse International that it has now cancelled its bookbuild and that Credit Suisse International has not purchased any shares in Sibir on behalf of TNK-BP pursuant to such bookbuild.

Further announcements will be made as and when appropriate.

Contacts:

Stuard Detmer, Acting CEO, Sibir Energy
Moscow [phone]


Rory Murphy, Simon Raggett, Strand Partners Limited
London [phone]



Ian Hannam, Barry Weir, J.P. Morgan Cazenove
London+44 (0) 20 7588 2828


Nick Miles, M: Communications
London [phone]

[cyberpost] 23/4/2009 14:07

Gazpromneft Offer (Sibir Energy)

TIDMSBE

RNS Number : 0615R
Sibir Energy PLC
23 April 2009



Sibir Energy plc ("Sibir")


Offer on behalf of JSC Gazpromneft ("Gazpromneft")


The Board of Sibir (the "Board") notes the announcement today by Renaissance
Securities (Cyprus) Limited ("Renaissance Capital") on behalf of Gazpromneft
inviting offers for the sale of Sibir shares to them at GBP5.00 per share. This
offer is a market operation which does not involve the co-operation of Sibir.


The Board confirms that no approach has been made by Gazpromneft to Sibir or to
its advisers.


Furthermore Sibir confirms that this is not related to the preliminary informal
approach from another party that was disclosed to the market yesterday. The
Board can confirm that the approach from this party has now been withdrawn as a
result of the announcement yesterday by Credit Suisse International and today by
Renaissance Capital.


Sibir also notes today's announcement by Credit Suisse International that it has
now cancelled its bookbuild and that Credit Suisse International has not
purchased any shares in Sibir on behalf of TNK-BP pursuant to such bookbuild.

[bohemia] 23/4/2009 14:05

23 April 2009
10 Paternoster Square

London EC4M 7LS

Telephone [phone]

www.londonstockexchange.com


For the attention of the
chairman/senior partner/compliance officer,
all member firms

N23/09


STOCK EXCHANGE NOTICE


SIBIR ENERGY PLC - (ISIN GB00B04M0Q71)


1.
Further to Stock Exchange Notice N22/09 issued on the 22 April 2009, the Exchange notes the announcement made today by Renaissance Securities (Cyprus) Limited regarding the invitation for "offers for the sale of shares in Sibir at 500p on behalf of Gazpromneft".


2.
That announcement states that member firms of the London Stock Exchange "should seek approval from the London Stock Exchange to trade their Shares". Further to Notice N22/09, and as a result of requests received from member firms, the Exchange confirms that member firms may in this instance participate in the above offer on an OTC basis, in order that they are not unduly disadvantaged relative to non-member firms. This exemption applies to this security only for participation in the above offer, for which the price has been announced. No trade reports should be submitted for any such trades


3.
For any queries on this notice please contact Nick Bayley (020 7797 4214) (STX 34214)


Nick Bayley

Head of Trading Services

[dasv] 23/4/2009 14:00

gazprom counter bidding

[josels] 23/4/2009 14:00

AND MORE TIME AVAILABLE.

[gatdecor] 23/4/2009 13:56

they need to come back with a higher price and not a bookbuild