Tangiers Share Discussion Threads

[pro_s2009] 02/10/2016 07:24

Looks dead.

[pro_s2009] 07/3/2016 05:35

How did the CrispyOil ramping of this one end up ?

Did it die like MOIL and LRL and all the others ?

[regandharry5] 24/3/2015 20:05

No, just put in 88E and it comes up.

[markymanc] 06/3/2015 09:04

Anyone else having trouble adding this new code to the monitor?

[sh0wme] 05/3/2015 09:05

TIDMTPET

05 March 2015

88 ENERGY LIMITED

NEW SIGNIFICANT SHAREHOLDERS

88 Energy Limited ASX:88E; AIM:TPET, "88 Energy" or the "Company") announces,
pursuant to Rule 17 of the AIM Rules for Companies, the following changes to
significant shareholders in the company following the completion of the issue
of equity announced on 3 March 2015, at a price of A$0.01 per share
(`Placing').

Shareholder name Mr Donald Jeffrey Smith Eloten Group Ltd

Participation in Placing 51,000,000 40,000,000

Shareholding following 70,000,000 40,000,000
Placing

% shareholding following 6.15% 3.52%
Placing

Sarah Smith

Joint Company Secretary

[sh0wme] 05/3/2015 08:50

Managed to get a 500k order filled. This mornings RNS shows the potential here when someone buys £350,000 worth. Not punt money!

[overthebridge] 04/3/2015 13:47

11% premium offered to sell. Max buy 1k

[bustedflush2] 03/3/2015 10:50

The March 2015 DEFINITIVE list of AIM casino/LSE oil and gas shares that are about to go BUST.
Extensive research has gone into this.


Afren
Bahamas
Borders&Southern
Falkland O+G
Forte
Inspirit
Independent Res
KEA
Mosman
Max Pet
New World
Northern Pet
Range R
Tangiers
Tomco
Tower
Trap
UK O+G

All the above are basket cases. They either have no commercial hydrocarbons, no money or have massive debts. Stay well clear.

[carbon man] 03/3/2015 10:46

Philjeans,5596

Have checked out facts in more depth was misled by Tip Sheet about warrants from recent placing. Apologies, have bought stock today and will add if they go lower.

[philjeans] 02/3/2015 14:11

From Oil Barrel - 23/1/15

8 Billion Barrel Resource Potential Confirmed


Eight is a very lucky number in China – and Tangiers Petroleum (ASX:TPT, AIM:TPET) is starting to come up with 8s all over the place.

It’s going to ask shareholders in the next few weeks to approve a name change to 88 Energy Ltd and it’s just been handed an Independent Resource Report identifying potential oil in place of 8 billion barrels at it’s Project Icewine (gross mean unrisked) in Alaska’s North Slope.

The same report also indicates recoverable oil potential of 492 million barrels (gross mean unrisked)…

These figures were conservatively evaluated by considering just 44% of the total project acreage for unconventional resources – appropriate given the early stage nature of the Project, however we see significant upside potential here if the entire project area is considered, the shale recovery factor is higher than first thought, or a shallower, conventional play works out.

Does the North Slope of Alaska have the right elements to become the next big thing in unconventional liquids-rich shale plays?

Tangier’s project partner, BURGUNDY Xploration, Inc., and it’s billion-barrel oil-finding principal, Paul Basinski, sure think so.

Basinski believes the “HRZ Shale” has the key ingredients that make the best shale plays “tic”. If anyone might know its Basinski – he spearheaded ConocoPhillips early mover advantage in Eagle Ford shale, and led them to acquiring ~320,000 acres in the sweet spot of the play at rock bottom prices.

Unique geological circumstances appear to have led to the formation of a higher-than-normal porosity and net shale pay, leading to a resource concentration that appears to be higher than the Eagle Ford, Bakken, Marcellus and Utica plays…

Meanwhile various companies are pouring tens of millions of dollars of exploration investment into a shallow conventional target on the North Slope. Owing to the significant sums invested and the potential for multi-million barrel finds, it’s the hottest play on the North Slope right now.

Regional studies and offset wells strongly indicate that this play may be present on TANGIERS acreage…

TANGIERS’ immediate neighbour, Great Bear, is about to start drilling the first of up to three high impact wells for this conventional prize based on their latest 3D seismic survey results – one proposed well location is one and a half miles from TANGIERS’ boundary…

Positive results from Great Bear are likely to have an immediate impact on TANGIERS’ valuation – currently with a humble market cap of less than $6M AUD at last market close on the ASX (and less than £3M at last market close on the AIM).

With an 87.5% working interest on 99,360 continuous acres in the prolific North Slope – and a slew of nearby drilling events to come in 2015, surely the attention of potential farm-in partners is starting to focus on TANGIERS…

TANGIERS is building up to a phased coring and drilling event in 2015/16 and plans to initially spend $2.1M (£1.1M).

The company will need to raise funds to carry out this work – and at its upcoming Extraordinary General Meeting its going to set in motion plans to raise up to $6M AUD (£3.2M) of capital and hopefully put the company on a path back to good fortune.

Are lucky 8s in store for TANGIERS?

[philjeans] 02/3/2015 14:10

Bargain here - potential 10 bagger.

Check out the facts.

Awaiting DRILLING REPORT FROM SITE NEXT DOOR - TWO MILES FROM OUR ACREAGE.

[carbon man] 02/3/2015 13:29

knock 'em down them and sell them. I will lower my buying price/ No advice given or accepted.

[nick rubens] 02/3/2015 12:53

Forte Uranium Explorer ?

[bustedflush2] 02/3/2015 08:26

The Feb 2015 DEFINITIVE list of AIM casino/LSE oil and gas shares that are about to go BUST.
extensive research has gone into this.


Afren
Bahamas
Borders&Southern
Falkland O+G
Forte
Inspirit
Independent Res
KEA
Mosman
Max Pet
New World
Northern Pet
Range R
Tangiers
Tomco
Tower
Trap
UK O+G

All the above are basket cases. They either have no commercial hydrocarbons, no money or have massive debts. Stay well clear.

[ringosstar] 26/2/2015 07:11

Here is another busted flush that is changing it's name to divorce itself from it's previous ineptitude.

From the 3rd March it will be known as 88Energy.

I think they missed a 8 off!

888Energy would have shown the true intent of this company, who will provide them with more gambling money?

Wait next for the share consolidation 40:1

Have they got the same board as WSX who did all that a few weeks back including the name change?

No?

Well it's a great idea for the board, all previous events can be forgotten.

[bustedflush2] 25/2/2015 19:52

The Feb 2015 DEFINITIVE list of AIM casino/LSE oil and gas shares that are about to go BUST.
Extensive research has gone into this.


Afren
Bahamas
Borders&Southern
Falkland O+G
Forte
Inspirit
Independent Res
KEA
Mosman
Max Pet
New World
Northern Pet
Range R
Tangiers
Tomco
Tower
Trap
UK O+G

All the above are basket cases. They either have no commercial hydrocarbons, no money or have massive debts. Stay well clear.

[spreadmyrisk] 22/2/2015 11:25

Bustedflush has absolutely no idea

UKOG owns UK licences including the world class weald basin with results due to be released soon.

It partners with Igas

It has income

It has upto GBP10m lending facility

It has cash and is currently on a buying spree while other companies are in desperate need of cash.

Atleast 5 of your suggestions are in a good shape.

[sh0wme] 22/2/2015 11:13

Busted, suggest you do some research. TPET has no debt and is speculative but could reap huge rewards even without sinking a drill bit. Success at Great Bear next to their Icewine licence will send these into orbit.

[sh0wme] 22/2/2015 09:44

nice find from a poster on the LSE site

latest news...Today 09:25hxxp://www.petroleumnews.com/pntruncate/361781838.shtml

Great Bear has been conducting more LIDAR surveys on its North Slope average in addition to those conducted in 2012/2014. Now, is this because they have hit the good stuff and want to map out more or because they haven't hit and want to look elsewhere? Its 50/50 speculation as to why they are carrying out more surveys whilst still drilling? I guess we'll know soon enough. Perhaps tomorrow with an RNS?