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WSX Wessex

12.75
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wessex LSE:WSX London Ordinary Share GB00B4MVKX18 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.75 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Wessex Share Discussion Threads

Showing 6126 to 6148 of 6425 messages
Chat Pages: 257  256  255  254  253  252  251  250  249  248  247  246  Older
DateSubjectAuthorDiscuss
17/7/2014
09:30
Would Mr Yoe get the vote over Mr Cochran who now has 27million shares a doubt it very much.
Cochrans now going to run the show.

412069
17/7/2014
09:23
Only a new board if the deal goes through.........
bhoytrader
17/7/2014
07:32
And put a lot of dosh into the company.
cgod
17/7/2014
07:13
New board now here don't forget.
412069
17/7/2014
07:02
About right
solarno lopez
17/7/2014
07:00
Unfortunately the update is likely to go along the lines of "Sorry suckers that whole Philippines thing is not happening. But don't worry we are going to go off and think about the future of the company for months whilst hoping that Shell do something in Guyane that pulls us out of this hole."
bhoytrader
17/7/2014
06:49
Over 2 months now with no update, I would say we a due one very soon, all aboard the train is moving.
cgod
16/7/2014
13:38
JonC - we don't know as they are being as silent as the lambs. I would take a guess and say they have done squat but happy to be proven wrong.
digger27
16/7/2014
13:16
Has the Board done any work since they survived the general meeting other than draw their salaries and expenses?
jonc
16/7/2014
13:10
A Blue day.
412069
16/7/2014
12:38
A bit of interest being shown? We could do with a rocket but I'm not greedy and will settle for a lift.
digger27
14/7/2014
10:27
One wish granted for today.
412069
14/7/2014
06:57
Blue i hope.
412069
14/7/2014
06:29
What will this week bring?
cgod
11/7/2014
12:46
cgod, i think some of us are looking at it that way and could be joining you.
412069
11/7/2014
12:37
Cochran bought at a much higher price than this, I am back in with a 500k buy, not showing yet.
cgod
11/7/2014
08:23
Nick. We should be getting rns's like the one below IF we renew the South of England liecence?
Thats what i think Mr Cochran & Co are after.



RNS Number : 0321M
Alba Mineral Resources PLC
11 July 2014
11 July 2014
Alba Mineral Resources plc
("Alba" or "the Company")
Investment in drill ready onshore UK oil and gas project
Alba Mineral Resources plc (AIM:ALBA) ("Alba" or the "Company"), the UK based exploration company, is pleased to announce that it has signed a binding Heads of Agreement with Horse Hill Developments Ltd ("HHDL") for Alba to invest in a UK onshore oil and gas project.
The Horse Hill-1 well, which is scheduled to be completed by the end of August 2014, is planned to test several conventional stacked oil and gas targets in the proven productive Portland Sandstone, Corallian Sandstone and Great Oolite Limestone levels in the well-defined Horse Hill prospect in the Weald Basin situated in Surrey, England.
Acquisition Terms
Alba has a binding agreement in place to acquire a 5% interest in HHDL, a special purpose company which has the right to acquire a 65% participating interest and operatorship of PEDL 137. The total consideration payable by the Company is GBP300,000. An initial non-refundable deposit of GBP10,000 is payable upon signing, with completion subject to the execution of definitive documentation which the parties are in the process of finalising. Upon completion, Alba will make a further payment of GBP40,000, with the balance of GBP250,000 payable in line with the cash calls required for the drilling of the well.
Horse Hill Prospect
The 99.29 square kilometres (24,535 acre) Petroleum Exploration and Development Licence No. 137 ("PEDL 137"), held by a subsidiary of Magellan Petroleum Corporation, is located in the Weald Basin in Surrey. The Horse Hill prospect lies about 3 kilometres from Gatwick Airport and covers an area of up to 16 square kilometres in the south-west of PEDL 137. The Collendean Farm-1 well was drilled by Esso in 1964 on the north-eastern edge of the Horse Hill structure and found good oil shows.
The participants in the Horse Hill-1 well are HHDL as operator with a 65% farm in interest and Magellan Petroleum Corporation with a 35% interest. HHDL has the right to earn a 65% participating interest in PEDL 137 by completing the proposed well at the property.
Alba is pleased to further announce that it has been informed by the operator that site construction has now commenced on the Horse Hill site in preparation for the drilling of the proposed 2,594 metre (8,512 feet) Horse Hill-1 well. The well is expected to spud later this month and is targeting a number of conventional stacked oil and gas targets.
Comment
Michael Nott, Alba's CEO, commented:
"We are very pleased to have secured an investment in this highly prospective conventional onshore oil and gas exploration project in the UK. The next six months should be an exciting time for the Company with the drilling of the Horse Hill-1 well. Horse Hill has significant potential, especially after the results Esso obtained in the 1960s. Alba also continues to pursue its own exploration activities at its wholly-owned lead-zinc-silver project in Ireland and its uranium joint venture project in Mauritania. In addition we continue to evaluate other project opportunities in a number of countries

412069
11/7/2014
07:36
cheers 412069 looks like the HALO deal is needed unless they come up with other plans.
nick rubens
11/7/2014
07:32
Nick. FG was worth 10p alone, still an asset ther is oil from the first drill with possible 6th test drill 2015 its up to Tulow/Shell if and when.
Funny how we have still not seen the data from the 5 test drills!

412069
11/7/2014
07:26
If the deal falls through, what is left for WSX? Have they no other assets worth pursuing?
nick rubens
10/7/2014
12:12
Cheers. Here's hoping he's starting to wave a big stick and we should hear something positive before this month is up.
digger27
10/7/2014
10:08
The only cash flowing here is into the BOD's pockets. I have a feeling this whole HALO thing was a quickly cobbled up sham. As anyone knows signing Heads of Agreement is meaningless as there are so many get out clauses to allow either party to walk away. Our lot will walk away and then we will have another few months of inactivity while they feather their nests.
The institutions are just as bad. Anything for a quiet life, don't rock the boat after all they don't invest their own money.
Have you contacted the board 412069 to find out what's going on?

digger27
10/7/2014
08:23
Cash flows fine Barnet if you read the rns, also HALO bring $1 million with them.
Plus deeper pockets now Mr Cochrans around.

412069
Chat Pages: 257  256  255  254  253  252  251  250  249  248  247  246  Older

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