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London South East Natural Resources Webcast


Faroe Petrol Share Chat (FPM)



Share Price: 148.00Bid: 148.20Ask: 148.60Change: 0.00 (0.00%)No Movement on Faroe Petrol.
Spread: 0.40Spread as %: 0.27%Open: 148.00High: 149.20Low: 147.40Yesterday’s Close: 148.00


Share Discussion for Faroe Petrol


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Maverick7
Posts: 671
Observation
Opinion:Strong Buy
Price:147.80
One billion
Sun 22:42
One billion dollars sales revenue per year based on 35,000 boe per day current production and current oil price. Crazy share price at the moment and I would expect further production increases to come
 
shadow525
Posts: 439
Off Topic
Opinion:Strong Buy
Price:147.80
148p
Sat 13:43
Exactly 100% profit at this level, but as indicated before with Oil prices at these levels, strong growth forecast over next few years to over 35,000 bopd and DNO in the background, still a LTH and looking for nearer £2.50 per share, am only a buyer even at this level.. Believe this is still one of the best investments on aim for the future.

GLA.
Mani01
Posts: 1,184
Off Topic
Opinion:No Opinion
Price:145.00
RE: Mergers and acquisitions
Fri 05:34
Totally agree maverick, very quiet here. This is the time for producers and with rising poo M&A season will be in full flow
Maverick7
Posts: 671
Observation
Opinion:Strong Buy
Price:145.00
Mergers and acquisitions
Thu 22:40
I£m surprised how quiet this board is, interesting comment at the end of today£s RNS as below, one day this will do a SQZ and open up x2, x4 of current share price via a M&A, SQZ might even be a good fit

"Faroe remains confident in its potential to exceed this production growth target through additional organic developments and investments, in addition to potential M&A opportunities."
shadow525
Posts: 439
Off Topic
Opinion:Strong Buy
Price:142.00
Brent Crude
12 May '18
If oil prices continue to strengthen can see the SP going into the 150's, but still a very cheap price IMO for DNO to mount a formal bid later in the year especially given the reserves here and strong cash position personally looking for this one to reach at least £2.50 and probably a full floatation on the main stock market.
mike1966
Posts: 1,384
Off Topic
Opinion:No Opinion
Price:143.00
Bidders
10 May '18
Maverick, i do hope so, i would like to see this hit £2 before i let mine go
Maverick7
Posts: 671
Observation
Opinion:Strong Buy
Price:143.00
Other potential bidders
9 May '18
With growing production and an attractive portfolio of future exploration, there must be other companies taking an interest here besides DNO. Wouldn't be surprised if multiples bids come in
shadow525
Posts: 439
Off Topic
Opinion:Strong Buy
Price:137.20
Brent Crude
6 May '18
Whilst been watching the DNO buy in, forgot somewhat to watch oil price and see almost trading at $75 a barrel so all looking good IMO to break into the 140's after the holiday break.

GLA
Mommur
Posts: 210
Observation
Opinion:Hold
Price:138.00
Hmmm Re: If...
4 May '18
Similar to Shadow, I have bought tranches along the cycle as well as a core holding. it would behove me to let them go below 200p but we may not have any option. I suspect FPM management will want an accruing share price now DNO are in a position to chance their arm and 150p is finally on the cards. Either way, I don't see much downside at present. GLA
shadow525
Posts: 439
Off Topic
Opinion:Strong Buy
Price:137.80
Buy Out
3 May '18
As i have held Faroe since 2011, trading a few here and there but always keeping a reasonable investment and with the potential here over the next few years personally believe the longer term value is at least double the current SP but only my view.




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