Wentworth Share Discussion Threads

[father_paul] 09/2/2012 10:43

The Oslo price for Wentworth was last kr. 4.75 which is 52.2p compared to [54-58] here. Trading in Oslo would be cheaper?

[schrodingers_cat] 08/2/2012 08:07

Interesting deal today.

[likstank] 06/2/2012 21:26

Target £1.40 (!!!)

[mvrck] 30/1/2012 10:58

Hello,

Please read thru the investigative news:



Thank you for your patronage.

[mvrck] 30/1/2012 10:58

Hello,

Please read thru the investigative news:



Thank you for your support

[mick] 30/1/2012 10:11

Price being bid up nicely this morning in Oslo

[mick] 26/1/2012 17:32

From what I hear there is every chance that Wentworth will be gobbled up as part of intensifying M&A activity in Mozambique / Tanzania - most likely by a Chinese buyer.

[andrbea] 26/1/2012 14:22

maybe they'll go after us too?

cash rich, on acquisition trail in E Africa

[andrbea] 24/1/2012 12:06

My take:

Now that COV is inside PMO (with more financial muscle) maybe some of the dormant projects where COV had an interest (see link) might be re-examined

And that might be good for wrl (as a project partner with COV)



the new CFO for wrl (Jan 5th) seems to fit in with that.

Mr. Mierendorf is a Canadian Chartered Accountant and has worked in the international oil and gas environment for over 15 years. Prior to joining Wentworth, Mr. Mierendorf was Chief Financial Officer of Sonoro Energy Ltd., a Canadian based junior public company having start-up operations in Iraq. Prior to that, Mr. Mierendorf was Corporate Controller for Buried Hill Energy, a private company having exploration and appraisal operations in The Gambia and Turkmenistan. Previously, Mr. Mierendorf was Middle East Finance Manager for Anadarko Petroleum Corporation based in Doha, Qatar.

Geoff Bury, Managing Director commented, "Mr. Mierendorf brings a wealth of international and public company experience to Wentworth. As we advance our exploration programs and develop markets for our known and expected hydrocarbon resources, Wentworth's management team is now better positioned to manage the growth of its assets."

[ih_317353] 11/1/2012 17:09

sorry - my mistake - it's PMO chasing eo. this month, not PMO chasing cov.

[likstank] 11/1/2012 17:01

I guess that Wentworth will receive cash for it and the share price will at least double because the royalty is just a small part of Wentworth. However the cash received will prove the undervaluing of the stock.

[utrecht_00] 10/1/2012 11:02

andrbea- PMO can't afford Cove. Cove board looking for $1.5 billion cash. And PMO certainly can't afford to pay 8.5% of the capex to build the LNG trains (which is why Cove is selling as it can't either) which is estimated north of $25 billion.

Question, what happens to the profit sharing wentworth has in Cove in the event it gets bought?

[andrbea] 09/1/2012 10:57

will this stock remain independent after pmo gobbles up cove this month?

[gconvery] 05/1/2012 16:33

Any chance of a chart in the header?

[l2user] 05/1/2012 11:29

Investec, potential buyers are likely to come from the Far East due to the asset's strategic position on Africa's eastern seaboard.
January 05

[l2user] 05/1/2012 10:42

Wentworth Resources names Lance Mierendorf CFO
9:11 am by Andre Lamberti