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Lansdowne Oil Share Chat (LOGP)



Share Price: 2.125Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Lansdowne Oil
Spread: 0.00Spread as %: 0.00%Open: 2.125High: 0.00Low: 0.00Yesterday’s Close: 2.125



Share Discussion for Lansdowne Oil


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daveycaferacer
Posts: 3,240
Off Topic
Opinion:No Opinion
Price:2.125
RE: forward
Thu 12:14
I object to the fact the Company has not provided an update since trading was suspended, apart from the loss of licenses. I assume the Directors are still taking their salaries and expenses?
 
JH77
Posts: 214
Off Topic
Opinion:No Opinion
Price:2.125
RE: forward
Wed 10:45
Yes Granto. This is a body blow to the company. It only leaves Barryroe and Helvick left in the portfolio, and with Tony in the negotiating seat for the last four and a quarter years and no result to date that is not a good state of affairs. I am extremely sorry that LOGP could not have obtained a concession from the government to extend this licence, which will, in due course be snapped up by another party after all the expense incurred doing seismic and study work. I assume that Midleton is also still in LOGP control (on reflection)....but with lack of success last year I would be surprised if this adds any value. All looked very hopeful a few years ago but looking very grim ATM.
granto
Posts: 3,922
Off Topic
Opinion:No Opinion
Price:2.125
forward
Tue 19:47
it's going to take a mini miracle to get this off the floor. shame losing the licenses after all the seismic.
JH77
Posts: 214
Off Topic
Opinion:No Opinion
Price:2.125
RE: RNS
Tue 15:23
We wos 'ad. Pile of auld ****e!
granto
Posts: 3,922
Off Topic
Opinion:No Opinion
Price:2.125
RE: RNS
Tue 14:32
Yes, Providence"s has more oil than JR Ewing ever dreamed of. Every anomaly in the seismic is another potential monster oil find.
JH77
Posts: 214
Off Topic
Opinion:No Opinion
Price:2.125
RE: RNS
Tue 13:23
Yeah....Right pain in the tits.
maybethistime
Posts: 215
Off Topic
Opinion:No Opinion
Price:2.125
RNS
Tue 12:25
Here we go again. Market is bad for famouts. Therefore we don't take responsibility, only take large salaries and a nice bonus last year, despite the destruction of shareholder value.

But, although Lansdowne management would also prefer us not to remember this, the market was, in fact, all right 2 or 3 years back, with oil above $100 a barrel.

So it looks like Amergin was more bluster. And there was I thinking that Stephen Boldy and our other "experts" must have known what they were talking about with all their colourful charts and talk of substantial amounts of recoverable oil. Sure, it wasn't in the bag but if the depiction of the field by Stephen Boldy had any sort of reasonable foundation it surely would have been worth a shot, given the relatively low costs along with a favourable deal, for some oil company. So, we have to conclude that we were once again taken in, believing that our "betters" had certain expertise commensurate with the salaries and the bonuses they felt they were entitled to even as the shareholder value was being destroyed.

So now it all hangs on Barryroe. Nothing more to say on that one ; we can only but wait.

But, never mind,; those of us who are also in Providence have recently been informed that we have over 5 billion barrels of oil in place in Druid / Drombeg. Untold riches await us. LoL.
Sounds familiar ??????????
daveycaferacer
Posts: 3,240
Off Topic
Opinion:Strong Sell
Price:2.125
RE: The City
21 Apr '16
Does anyone know what is going on?
daveycaferacer
Posts: 3,240
Off Topic
Opinion:Strong Sell
Price:2.125
RE: The City
20 Apr '16
You'd like to think the Company has a moral duty to provide a further update to Investors even if they have nothing much to say
daveycaferacer
Posts: 3,240
Off Topic
Opinion:No Opinion
Price:2.125
RE: The City
18 Apr '16
I thought there would be a further update, I can only assume the Company is struggling to get any new funding




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