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FOGL Share Chat - RSS Feed

Falkland Oil & Gas Share Chat (FOGL)



Share Price: 29.50Bid: 29.25Ask: 29.50Change: 1.25 (+4.42%)Riser - Falkland O&g
Spread: 0.25Spread as %: 0.85%Open: 28.75High: 29.50Low: 28.50Yesterday’s Close: 28.25


Share Discussion for Falkland O&g (FOGL)


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MaoWombat
Posts: 1,887
Observation
Opinion:No Opinion
Price:26.75
Nice surprise
11 Feb '14
Good rise today....someone knows something. Looking forward to tomorrow now.
 
Davbro68
Posts: 780
Off Topic
Opinion:No Opinion
Price:26.75
View Thread (2)
RE: chunkey
11 Feb '14
And that 300k looks like a buy to me.
DOGOF
Posts: 2,009
Off Topic
Opinion:Strong Buy
Price:27.00
View Thread (2)
chunkey
11 Feb '14
trades today - all bodes well, BUY
DOGOF
Posts: 2,009
Question
Opinion:Strong Buy
Price:27.00
View Thread (2)
RE: Drilling Rig
11 Feb '14
and your source was?
BABYROO
Posts: 104
Off Topic
Opinion:No Opinion
Price:27.00
View Thread (2)
Drilling Rig
11 Feb '14
Had it re-stated today what I had been told and posted previously, 1 x Transocean rig will be going to the FI's this year. Couldn't push for which one.
slipperyslope
Posts: 1,793
Off Topic
Opinion:No Opinion
Price:26.75
Fogl
11 Feb '14
That rise today certainly generated some good posts. Just what I like to see. Sorry I have nothing useful to add at the moment.
Linton78
Posts: 529
Off Topic
Opinion:No Opinion
Price:26.75
View Thread (8)
RE: FOGL
11 Feb '14
Cheers mate - let's hope these two shares have a storming couple of years ahead of them !!
Linton78
Posts: 529
Off Topic
Opinion:Strong Buy
Price:26.75
Edison
11 Feb '14
Shai16
Posts: 81
Off Topic
Opinion:Strong Buy
Price:26.75
Website Information
11 Feb '14
CURRENT OPERATIONS

The PGS Ramform Titan is expected to complete the FINA 3D seismic survey in February 2014. The FINA survey is over 5000sqkm in area and is targeting the Hersilia fan play a mid Cretaceous, deep-water play similar to that successfully targeted in Ghana by Tullow and currently being explored on both sides of the Atlantic margin.

The Titan is equipped with the latest GeoStreamer technology which means the cable is towed deeper in the water column which allows acquisition in slightly rougher sea conditions. However, the main benefit is the uplift achieved in seismic resolution which in turn will lead to better prospect definition. The first processed data from the survey (known as Fast Track data) should be available by mid-2014. The fully, processed products, which are used to define the final well locations, will not be available until Q4 2014.

FUTURE OPERATIONS

Drilling is expected to commence in 2015. In the South Falkland Basin, where FOGL has a 52.5% working interest, the drilling programme will include two deep-water wells operated by Noble Energy. In the North Falkland Basin three wells are planned, all operated by Premier Oil. These include appraisal drilling on the Sea Lion field in PL004b (Zebedee) and exploration wells on the Jayne and Isobel/Elaine prospects. FOGL has a 40% working interest in these wells. The final drilling order has yet to be agreed.

The rig selected will be similar to the large, harsh environment, semi-submersible drilling unit used in the 2012 campaign. Negotiations are currently progressing with multiple drilling contractors.
Linton78
Posts: 529
Off Topic
Opinion:Strong Buy
Price:26.75
View Thread (2)
RE: Fogl
11 Feb '14
You should have plenty of time to get in at a decent price so don't worry.



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