Wildcat Petroleum Share Discussion Threads

[worlds lrgest undies] 26/9/2024 08:38

And it’s still a shell! Where are they getting the £500k plus to pay for any transaction??

[worlds lrgest undies] 26/9/2024 08:37

Less than 6 months overhead left in tank and audited accounts due by end of October…..

Going concern?

lol

Deeply discounted funding coming.

Last one wiped out everyone. Apart from Uber driver MS……..

[charaxes1] 23/9/2024 16:42

Welcome RR I also hold a similar amount at a slightly higher average.

[rockyride] 23/9/2024 16:22

Hi all. I'm a very large holder over at Savannah Enegy and as soon as the South Sudan RNS landed here I began building a stake at .18p and upwards. I now hold 10m here at an average of .2p just in case anything should come of the SS MOU.GLA

[tomboyb] 23/9/2024 09:26

on the up -

[charaxes1] 22/9/2024 12:31

And another article. Will be interesting to see how this goes in the coming months!

hxxps://zakstraderscafe.com/the-week-in-small-caps-september-22/10048/

[bad gateway] 21/9/2024 20:34

Does seem to be their time for good news. Djibouti has offered South Sudan an alternative port for oil exports seems they want their business too.

"The proposal was delivered by Djibouti’s Foreign Minister Mahamoud Youssouf during a meeting with South Sudan’s President Salva Kiir in Juba on Wednesday. Youssouf highlighted the potential benefits of developing a new oil corridor linking South Sudan through Ethiopia to Djibouti, emphasizing its potential to boost regional economic integration."

Will give them another route for their oil which can't be bad.

[charaxes1] 21/9/2024 16:57

Not that I am a great fan but I think he could well be on the money!

hxxps://www.share-talk.com/rns-hotlist-with-zak-mir-zphr-urah-hvo-obe-wsbn-code-he1-wcat-hum-kdnc-tru-zin-w7l/

[worlds lrgest undies] 20/9/2024 17:44

I wonder if Zengas has spoken to MS……R30;…..I suspect not….

[bad gateway] 20/9/2024 17:04

20/9/2024
Wildcat’s Newsletter (CAT FLAP) re recent visit to South Sudan by CEO Mandhir Singh and
Country Manager, Dr. Omar
Apologies for the delay in the quarterly Cat Flap newsletter which was due on the 1st Sept. The
management were engaged in talks with the South Sudanese Ministry of Petroleum in Juba.
The Company is happy to announce that a MOU was signed between Nilepet and Wildcat in respect
to the oil and gas assets PETRONAS relinquished on the 7th August (RNS 17/09/24).
These assets cover stakes in 6 producing oil Blocks.
The Company is happy to announce that it has the support of the relevant government departments
connected with the South Sudanese oil industry and looks forward to working closely with Nilepet.
We enclose some pictures from WCAT’s recent trip to Juba, South Sudan:...

[bad gateway] 20/9/2024 13:03

Thanks zen, appreciated. Good to know more on where the money for a deal may come from.
Moving on up sneakily today as its actually .23 for 1M shares not the 21 thats advertised.

[zengas] 18/9/2024 13:27

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/production.

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? '

[bad gateway] 17/9/2024 08:58

Timings good for making deals. South Sudan has yesterday announced the resumption of oil flows through Sudan.

[tomboyb] 30/5/2024 11:27

A few buys trickling in -

[worlds lrgest undies] 28/5/2024 15:01

They will have less than a years cash needs by end of next month

Thus they will need to do another raise before they can file their accounts before October month end.

Obviously they don’t have funds in place to do any transaction given they are a potless cash shell and given current comedic market cap that will likely be 75’ish% discount to prevailing share price at a minimum

Unless Mandy (Walter) Mitty is having a good run on the Uber front with his 300k mile Prius…..

Remarkable how anyone with a brain stays in this daydream of Mandy Mitty tbh!!! There is not any plausible scenario at all which doesn’t savage current shareholders’ interests. Not one! All imho of course.

Can anyone provide any possible scenario where this is NOT a disaster about to happen?

[tomboyb] 15/4/2024 15:48

A few buys coming in -

[tomboyb] 15/4/2024 12:56

Bad news today however cashed up for 12 months -

Others who require cash going bust -

[riskyinvestor] 22/3/2024 10:56

Tower Resources (TRP) is the Stock to be in

[z1co] 01/3/2024 12:59

Zak Mir also likes WCAT:

[z1co] 01/3/2024 12:49

An rns confirming the Bamboo Field will send the share price back towards 1p !!!

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.

[z1co] 01/3/2024 10:14

Buying reduced to just 1,000,000 @ 0.26p.

[z1co] 26/2/2024 12:08

2 x 4,000,000 buys from 11.05 am.

[z1co] 20/2/2024 15:23

Share price very strong again , would not surprise me at all if it closes BLUE.

[z1co] 20/2/2024 14:58

Online buying drastically reduced to just 100,000 @ full offer 0.27p.