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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Wildcat Petroleum Plc | WCAT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.135 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.135 | 0.135 | 0.135 | 0.135 | 0.135 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 18/9/2024 12:27 by zengas For interest only - I posted this on the SAVE bb earlier given that they were in discussion with Petronas to buy the assets and now also switching to do a possible alternative deal.' Savannah would be well aware of who their competitors are if any. As for WCAT. Might be laughable to some but look deeper Michael Kroupeev is an advisor to WCAT and i note he bought a very modest £50k investment over a year ago. He owns Waterford Investment. He turned Emerald Energy a serial under performer in Colombia oil by making a strategic investment and getting them involved in Syria which had similar discoveries across the border in Iraqi Kurdistan and not long before they had significant discoveries/producti 15-16 years ago I think he made £138m turning Emerald into a 25 or else 50 bagger from memory which was sold to Sinochem. (Emeralds Colombia assets were attacked/ burned down later). He didn't have the same luck however with Sterling Energy in Kurdistan which then lay stagnant for a number of years while Waterfordy exited and ex Tullow people and others turned it into Afentra. "The owner of Waterford, Mikhail Kroupeev will join WCAT as a strategic adviser to its Board of Directors and Waterford will also take a nominal equity stake in Wildcat*. The Waterford Group ("Waterford") was established in 1995 as an investment vehicle for Mr Michael Kroupeev. Waterford invests mainly in up-stream petroleum projects and since its inception, the fund has invested in over a dozen such projects, both public and private. In London, the company has invested in listed petroleum companies including Emerald Energy, Dana Petroleum, Anglo-Siberian, EuroSov Petroleum, Gulfsands Petroleum, Sterling Energy, Petroceltic and Sibir Energy. Wildcat will be able to draw upon Mr Kroupeev's extensive experience of managing listed oil companies as well as raising finance and negotiating significant petroleum sector deals. Wildcat will seek to leverage the extensive financial and petroleum network Mr Kroupeev has built up over the last 30 years, working with major investors, funds and major oil companies. Mandhir Singh, Chairman of Wildcat, commented: "The management of Wildcat is delighted to secure the backing of such a successful and experienced partner. The support provided by Waterford and Mr Kroupeev and their extensive networks will help to accelerate the process of Wildcat becoming a profitable, producing oil company with a high impact exploration division.This relationship will also allow Wildcat to tackle significant oil projects." It's this relationship i expect that people are missing about how WCAT could possibly be looking at these kind of opportunities no matter how incredible it may seem (It's not). I expect if a deal, any deal whether in Africa, Sudan or South Sudan could be financed as per Emerald Energy if anyone can remember that. While there's 2.8 billion shares in issue in WCAT, the m/cap is only £5m and it's the kind of relationship where Kroupeev could help inject significant financing/placing etc for WCAT as an investment for a similar if not risky high impact return such as Emerald? ' |
Posted at 19/2/2024 19:35 by z1co Wildcat Petroleum soars on acquisition approval in SudanPublished: 08:55 19 Feb 2024 GMT Wildcat Petroleum (LSE:WCAT) gained over 30% on Monday morning after announcing it had passed a due diligence test in relation to a proposed oil production acquisition in Sudan. Sudan’s Ministry of Petroleum (MOP) probed Wildcat’s ability to complete the prospective multi-billion dollar purchase, a press release said, with approval needed before any deal could go ahead. “We are happy to have passed the arduous due diligence process,” chairman Mandhir Singh commented. “Wildcat has been invited by the MOP to... conduct talks regarding current oil production opportunities in the country.” Shares climbed 33.3% to 0.32p, with Wildcat adding financial backing had already been promised by investors over such a purchase. |
Posted at 19/2/2024 07:12 by tomboyb Wildcat Petroleum PLC Wildcat receives approval from the South Sudan MOP19/02/2024 7:00am RNS Regulatory News RNS Number : 5242D Wildcat Petroleum PLC 19 February 2024 19 February 2024 Wildcat Petroleum Plc ("Wildcat", "WCAT" or the "Company") Wildcat receives TOP LEVEL approval from the South Sudanese Ministry of Petroleum ("MOP") Wildcat is pleased to announce that it has passed a due diligence process conducted by the South Sudanese Ministry of Petroleum (MOP). This process included the evaluation of the Company's technical competency as well as its financial capability to complete a major multi-million/billio Financial backing for the potential purchase of any production in South Sudan is been provided by a number of industry investors, including The Waterford Group. Mandhir Singh (Chairman) said: "The Wildcat team has been involved in the South Sudan oil industry since oil was first discovered there. We are happy to have passed the arduous due diligence process and received a top level ranking. Wildcat has been invited by the MOP to visit them in Juba and conduct talks regarding current oil production opportunities in the country. A note on the situation in The Republic of Sudan (Bamboo field) As previously disclosed, the Republic of Sudan's oil ministry has offered the Bamboo Field to Wildcat for development under a service agreement which would later convert to a Production Service Agreement. Wildcat has submitted a work program and is awaiting approval from the minister. Disruption to the Sudanese telecom infrastructure has hindered the completion of the deal. |
Posted at 31/12/2023 07:50 by bmwman3 What makes this stock more interesting for me (as well as the potential of and when the production deal is signed) is that MS has 75% of the shares. Less shares in circulation among good news increases demand and therefore price. I'm just hoping MS holds on to his shares and we see the price rocket as a consequence. If all goes well (news and MS keeps his stock), all investors will be getting hundreds of bags over a 5 year period.I'm very excited for 2024, even if this reaches 2 or 3p by this time next year, the path is clear, 4k bopd to 10k to maybe one day 20k. Revenue will be huge, costs low as infrastructure exists and eps could be healthy.Good luck to all genuine investors and a happy new year! |
Posted at 29/12/2023 11:50 by bmwman3 Investors waiting on the sidelines for this to dip a little so they can buy in for the-new year but It doesn't look like it is going to also remember the market closes early today, so might see a bit of a rush to get in soon in my honest opinion |
Posted at 26/6/2023 14:26 by grannyboy Ho yes, just read the interim report dated 30/3/2023, and in the going concern section they state..."the directors are satisfied that the company has sufficient resources (including plans for a mini fund raise in Q2/Q3 to continue in operation for the foreseeable future, a period of not less than twelve months from the date of this report." No surprise that several 'high worth investors' have suddenly appeared in the Nick of time. DODGY! |
Posted at 17/11/2021 09:08 by luckypaul1 Nice news this morning,can only improve the company hence the healthy rise and trading,all the best investors |
Posted at 14/2/2021 07:21 by earnercitay As an IPO investor in WCAT (and first time poster!)i am very EXCITED to share the following news article from the Sunday Times:"Michael Edelson, the Manchester United FC director, is back in the game. Lancashire-born Edelson was dubbed “the shellmeister” for his use of listed cash shells to make acquisitions. He orchestrated the floats of online fashion giant Asos, Leicester City FC and Sheffield United FC. Now, the former professional footballer has returned to the shell game as a senior adviser to Wildcat Petroleum, a London-listed vehicle scouring the market for an oil and gas deal. Manchester United’s Michael Edelson is chasing deals. Listed cash shells are the new craze on Wall Street, where they are known as special purpose acquisition companies (Spacs). Shares in some Spacs have gone ballistic in recent months, triggering concerns about a bubble since they don’t even have assets. Edelson, 76, should know a thing or two about that. In 1999 he set up Knutsford, a listed cash shell for the so-called Knutsford four: Archie Norman, then chairman of Asda and now head of Marks & Spencer’s board, Richer Sounds’ Julian Richer, Saracens rugby club owner Nigel Wray and property mogul Nick Leslau. The value of Knutsford soared to £1 billion within weeks of the quartet taking charge as they sought a mega-deal that never materialised, with rumours that M&S was among their takeover targets. Edelson was ahead of his time." |
Posted at 14/1/2021 09:25 by apfindley Guide to making money...List a company on the stock market using a very small ammount of your own cash. Make sure there are 2.4 billion shares in issue by raising just 600k from other 'investors'. Get a bucket shop 'research pumper' to tell the market how great your tiny company is. Keep pumping, knowing that you and your investor have a huge portion of the shares so there's very little floating around for anyone else.Enjoy the rise created by lack of supply as it pushes the price higher to become insanely over valued.30mill market cap with no assets and just 600k raised before expenses....where does it go next.....keep your fingers on the trigger...if you can even get a sell quote. |
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