Wildcat Petroleum Share Discussion Threads

[tomboyb] 19/2/2024 07:28

Could be Wild -

[tomboyb] 19/2/2024 07:12

Wildcat Petroleum PLC Wildcat receives approval from the South Sudan MOP
19/02/2024 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/billion dollar oil production purchase. This clearance is required from the MOP before Wildcat can undertake any petroleum deal in the country including the purchase of large scale oil production.

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.

[the cronk] 08/2/2024 10:15

Saw this on the leaderboard and took a look.

No news and a tweet from that old stock pumper Zak was the reason for the spike!!!

wow, just tiny retail trades all at the same time, the phrase pump and dump springs to mind and clearly in operation here.

What's the market cap now for this? Just looked and it's a cash shell???

nuts!!!

[firestarter1] 08/2/2024 09:49

Likely a new fund raise comijgn

[firestarter1] 08/2/2024 09:49

Sell out quick

[tomboyb] 08/2/2024 09:29

bit of vol -

[determined] 23/1/2024 12:45

quite a high market cap for a shell company.

a lot of hope in the price, wow,

[firestarter1] 05/1/2024 07:50

What a load of junk

[firestarter1] 02/1/2024 08:25

Toilet time

[bmwman3] 02/1/2024 08:00

Interesting Jan for wildcat Hopefully plenty updates coming, Let's see what today brings

[bmwman3] 02/1/2024 05:47

Boring fart

[wewillwin20] 01/1/2024 18:48

No news no signing just waffle expected from madir singh

[bmwman3] 31/12/2023 07:50

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!

[determined] 30/12/2023 20:30

"they are looking to sign an agreement"


Correct, and in the meantime the stock is being pumped up on no news, a big red flag in my book.

If the deal signing is imminent, why not just wait and announce it?

Why the need to pump all the time?