Lansdowne Oil Share Price (LOGP)

not my graph but interesting that analysis is going on after being under the radar for so long
https://twitter.com/Jarvy55/status/1267381972382502914

Oil Man Jim Company Oil & Gas Podcast & Blog 31st May 2020 #PVR #LOGP #PET #CLON #PRD #RBD #UJO #UKOG #RPT #ENW #CORO #EME #AST #BPC #88E #PTAL #ECHO & #HUR

https://twitter.com/Share_Talk/status/1267038379025272833

Good luck Highlander. As you know there is 5 months to wait until Spot on either come up with the goods or not. In the meantime...hopefully the survey comes to pass and a drilling permit is applied for (and granted). I'd like to know the final shape of the drilling proposal. If it's one of the usual "one well wonders" then I won't be over impressed. The failed APEC proposal obviously had a more tangible chance of success with 5 to 7 wells mooted.
You can bet your ass that the green lobby will continue to try to sabotage the company with that guy Lumley leading the pack. I saw him in action at the last AGM and he is a right little terrier and very determined.
The deal they have made is only a small step along the way and is pretty opaque to the small time investor. It looks almost identical to the Hook Head and Helvick deal which was made with NUOG some years ago. Hopefully with a better outcome. We're a long way from drilling and even further from production, with very substantial costs / dilution coming down the track....maybe.
Notwithstanding all that...I expected PI's to be all over this like a rash and I was going to sell some of my ECO shares to do a quick trade, expecting to bank about 20% profit in a couple of days. In the event this hasn't come to pass so I'm sitting on my hands at the minute. I can't see much mileage in LOGP SP for the time being either as it has already made a fair bit of progress in recent days and looks like it has run out of steam.
Sorry I can't feel more positive but I've been well and truly shafted on this Barryroe project and I can't afford to lose any more money on it.

sorry to hear of your loss.
I still hold here, underwater but have been buying more at cheaper prices so going to sit on my hands for a while and let this one play out and see if it gets close to my target.
The oil industry has been beaten to a pulp over the last few years but I think the industry is about to get a few lift ups now that the shale market has been put in its place.
If Barryroe can be brought to focus then LOGP has a long way to go from here and this consortium may be the way forward. It's early days for that yet but let's face it, industry prices are unlikely to get any cheaper from here so now is the time for drills like this to be pinned down and tied in for costs when service providers are desperate for the work.

Reduced holding at a hell of a loss. Thinking of buying back once I'm convinced it's a goer this time round.