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Disagree, why would you fundraise when you’re about get money from the farmee
Highest SP for a long while. BOD would be silly to ignore the opportunity
You’ve got it wrong...and the market is telling you this with SP rises. Know who I would follow!
Even at 20% surely this gotta to be worth £30m or 5p?
Don’t forget PVR have 80% ..... yes .. if anyone will benefit it will be pvr. Small gains to be had here. Mega gain from farm out for pvr. Take your pick. I have and it’s not logp
1869mmbls x $5 IGV = $345m / £260m / 510m shs = 51p Lansdowne’s share of 2C recoverable resources in Barryroe is 69 MMBOE http://www.lansdowneoilandgas.com/home/operations/barryroe-licence-111/
Yes, currently £9M. If successful this is LOGP's interest...
Down again tomorrow. Big time. Hype.
The Mcap is £9m...what do people think is fair value ?
Have you just pulled this number out of the air? If so, can’t help...
This looks good at £9m what do people think this is worth ?
More accurately, from the RNS the Company is pleased to confirm the Barryroe partners have now entered into a period of exclusivity with a potential farminee in order to conclude contractual negotiations, having reached provisional agreement on key commercial terms for a multi-well programme at Barryroe.
Wow thats a massive loss for some, hope they make gains as it goes up!
LOGP used to be 50p back in 2013. It's fallen a long way. Now the share is in its acendancy especially now it has reached key 'commercial agreements' with it's farm in partner PVC
1 Mill trade delayed wow
Was priced t go bust with assets worth zero...now all change...
Up or down?????
How’s l2 looking?
Filled order?
At 1.8p. Intraday games IMO. Exclusivity agreement is a big deal for little old Landsdown. 3D seismic and massive reserves in a proven hydrocarbon reservoir. Lets see how she plays
At the discounted price..
Green light given for drilling at Ireland’s Barryroe well Written by David McPhee - 28/12/2017 8:38 am Landsdown Oil and Gas and Providence Resources have announced they have been granted permission to begin drilling at the 48/24-K Barryroe appraisal well in the Barryroe Field. Barryroe, located in the North Celtic Sea Basin, off the south coast of Ireland, has had six wells successfully drilled on the structure. The companies involved in the Barryroe project have begun work on planning and consenting and the procurement of drilling equipment to begin work in 2018. Esso successfully drilled four wells in the Barryroe region in the 1970s with Marathon Oil also proving oil there in the 1990’s. Landsdown Oil and Gas hold a 20% stake in the project. The companies involved stated the were ‘pleased to confirm the Barryroe partners have now entered into a period of exclusivity with a potential farminee in order to conclude contractual negotiations, having reached provisional agreement on key commercial terms for a multi-well programme at Barryroe.’ https://www.energyvoice.com/oilandgas/159876/green-light-given-drilling-irelands-barryroe-well/
March 2012 : Barryroe, which is in the Celtic Sea, off the coast of southern Ireland, flowed 7 million standard cubic feet of gas a day from a second, 17-foot thick gas bearing section in the upper part of the Wealden sandstone. It also produced 1,350 barrels of oil a day, giving a combined total of 2,516 barrels of oil equivalent a day. Providence, the operator, had previously tested a 24-foot thick lower basal interval, which produced a combined 4,000 barrels of oil and gas ? more than double the rate needed to ensure Barryroe is economic. The initial estimates suggest the well will flow at a combined, or co-mingled rate of 6,183 barrels of oil equivalent a day.
Agreed Mr Calm, I remember investing my first 50k and it was more or less gone within 2 months....bad investment after bad and kept selling at a loss, had no idea what I was doing, painful lesson but so much better for it now.
Definitely I totally agree!... hopefully gains from here ..GLA!!