I got into this share before the Wressle spud thinking that the share price would go up. It did but then it went down. The AIM oil sector market is hard at the moment and it needs pretty savvy people running the company and working hard to make people want to buy in. I am afraid I agree with Heidelberg, the BOD don't seem to be working hard enough to get this share price moving. I thought oilsectordude's comment that "the directors have left the building" was pretty funny. However, I wish it was "the directors have left the company".
RE: Whats Coming Our Way
Hi, good to have new people here, the more the better I just hope we can get some new members on the BOD.
David Bramhill interview from UJO
Wressle-1 has shown encouraging signs but could you tell us more about the assets you hold and the relationship you have with the joint venture partners both here and within the rest of your assets under management? Wressle-1 really has given us a good footing and whilst as you say things look extremely encouraging there is a bit to go before we get the result we would all like. Egdon Resources will revisit the asset shortly (October this year) and carry out a work over where we will start to validate the integrity and capability of the well as announced, we have been fortunate to have been pretty happy with all our findings to date and whilst confident the results will be as we hope (Positive) we have to let the team report their findings.
RE: Whats Coming Our Way
Good to have you on board. Could do with someone who's got their ear tongue ground. One of the reasons for choosing this over UJO was that it was nice and quiet here and not much ramping. YET.
Whats Coming Our Way
A more lively EOG board so have enrolled. Hope you don't mind. E&P companies share price depends on news for uplifts and this particular one has more imminent news than any other I can find. That is why I have 40% of my portfolio invested here. I only found EOG by chance when I was keen to invest in UCG prospects which now seems to have died a death. But Hey Ho. At present share price I can't see any downside on negative news. So what is coming? CPR for Ireland (possible update from Kosmos on drilling schedule) Wressle Results Kiln Lane Spud and possible results including shale gas potential France Farm Out Holmwood - planning appeal but of more immediate interest results from Weald Basin drill with Horse Hill Irish Licence round next year whether or not Europa gets more it will have an effect if the majors start to take interest in the play. My dream is to be able to top slice and get a free carry through a successful drill by Kosmos. I would also love to see the pump and dump squad get on board here i.e. the ones currently occupying themselves with the Horse Hill group but may be 8p a share is too much for them. And of course the ones that got excited by the unilateral CPR by Antrim. We'll see. PS the environmental impact study on Kiln Lane closed on Monday.. Only comments were from some nutters so prgress there quite soon
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