Register
Login:
Share:
Email Facebook Twitter




Quick Poll
QUICK POLL >
How many monitors do you use to trade?




FOGL Share Chat - RSS Feed

Falkland Oil & Gas Share Chat (FOGL)



Share Price: 29.25Bid: 29.00Ask: 29.50Change: -1.25 (-4.10%)Faller - Falkland O&g
Spread: 0.50Spread as %: 1.72%Open: 31.00High: 32.00Low: 28.75Yesterday’s Close: 30.50


Share Discussion for Falkland O&g (FOGL)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


redally
Posts: 299
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:31.25
25%
9 Apr '15
Chance of a successful well?? Risky
 
DOGOF
Posts: 2,273
Off Topic
Opinion:Strong Buy
Price:31.25
auction
9 Apr '15
on the open - lets see....and back up to 40p+
DOGOF
Posts: 2,273
Off Topic
Opinion:No Opinion
Price:31.25
RNS
9 Apr '15
BUY BUY BUY......
wordog
Posts: 1,243
Off Topic
Opinion:No Opinion
Price:31.25
Watch
9 Apr '15
the SP drop !
andrew1979
Posts: 19
Off Topic
Opinion:No Opinion
Price:31.25
Spud
9 Apr '15
Isobel Deep Well Spud

Falkland Oil and Gas Limited (AIM:FOGL), the oil and gas exploration company focused on its extensive license areas to the North, South and East of the Falklands islands, is pleased to announce that the 14/20-1 'Isobel Deep' exploration well (the "Well") was spudded, by Premier Oil as operator, on 8 April 2015.

The well is located on licence PL004a, in which FOGL has a 40% working interest and will primarily target the Isobel Deep prospect. The well will test the F3 fan systems, which are mapped as entering the basin from the south east margin and comprise a sequence of stacked reservoirs. The Isobel/Elaine complex is estimated to contain mid case un-risked gross prospective resources, based on the operator's estimates, of 243 mmbbls (97 mmbbls net to FOGL).

The well is anticipated to take approximately 30 days to drill and no coring or testing is planned for this well. A further release will be issued once logging is completed. FOGL is carried through the costs of this well by Premier Oil and Rockhopper Exploration.
colonel83
Posts: 89
Off Topic
Opinion:Buy
Price:31.25
Peteb308
9 Apr '15
Market froth really?

Whilst I respect your view on the matter I disagree.

You cant value a company on success and resources they dont have.

When it comes to oil its oil in place / recoverables coupled with quality.

RKH never had any pre market froth from Sea Lion only after.

If I am wrong I would sell every last share but thats only going to be proven once CPR released untill then no sale orswap to ISA here.

Finally yes I believe to keep cost down a third partner for SFB but if we hit Humpback I am wrong re SFB
peteb308
Posts: 703
Off Topic
Opinion:No Opinion
Price:31.25
View Thread (2)
RE: Peteb308
9 Apr '15
to respond:
45p came from "market froth"

i agree the cash requirment is too big for fogl - but noble have (just) the fin capability to make it happen - will cost us on % of course. that is my point about 2nd operator. if it was pmo on both, then so what if sfb delivers oil - pmo could not exploit.

not sure i understand your last two points, unless you mean fogl should have farmed down more prior to now. if so i do not agree. i see a swap for % v dev cost.
colonel83
Posts: 89
Off Topic
Opinion:No Opinion
Price:31.25
View Thread (2)
Peteb308
8 Apr '15
I think zebedee will increase SP to 43p we got 45p on romour zebedee was a success so if you believe zebedee underpins current SP where did 45p come from?

Also last night you said SP sub 26p zebedee factored in what has made you change your valuation?

Re SFB if Humpback successful would that be an additional 2bln to get production started on top of 2bln to get Sea Lion production started?

2 company venture has to be a success first time as to costly atleast with success you can then get farm ins.

Conclusion SFB is worthwhile but not as a 2 company venture would have been better with another farm in.





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.