Member Info for BigBear2

0.05

As expected funding deficit of min 10 mill.

Canada’s energy industry saw a record US$18 billion worth of mergers and acquisitions year to date, data showed on Tuesday, while analysts predict 2021 will be a bumper year for M&A in the Canadian oil and gas industry.

According to data from Dealogic, cited by Reuters, energy deals in Canada between the start of 2021 and March 18 totaled US$18 billion, the highest combined value of energy deals in more than 25 years. Moreover, Canadian energy deals accounted for 16.2 percent of the global M&As between January 1 and March 18, the highest share since 2002, Dealogic data quoted by Reuters showed.

Canada’s oil patch saw last year a number of M&A deals in the wake of the oil price crash, including a blockbuster all-stock deal between two of the biggest companies, Cenovus Energy and Husky Energy. Last year, the driving force of the mergers and acquisitions was the long-awaited consolidation in Canada’s oil and gas industry in light of the collapse in oil prices.

“There will continue to be some consolidation here over the next year,” Tim McKay, President at Canadian Natural Resources, said on the earnings call in November 2020, adding that “we probably are in a time of consolidation.”

A merger with TRP v unlikely as that’s Asher’s baby and they have other assets aside from Namibia. Financials will reveal how much cash is left.

That the TR1 does not seem to have been shown on Canadian market.

AJ BELL Not the best TBH.

Simply good practice to raise on back of positive news flow

I think the movement implies clarity is needed on how P&A costs will be paid for. These are still not accounted for, so we could see a chump change placing. I will add once this is clear.

In short we want IIs with sticky fingers not slippery shoulders!

No bad thing but they have played their part in COPL re rate, we don’t want any dead weight when we start to go through the gears...

Feeling more and more confident by the day we are going to MASSIVELY re rate on the relist?

Just popping in every now and again. For the life of me cannot understand why DP did not raise @ 1p straight after JORC.
Looking like next raise will be at derisory levels...

Nicely put bladder.
I really hope we get a marginal so the numpties on here can spend their mums pocket money on adult diapers

This catches the eye...$5 to 20 mill required as a signature bonus...could the extra dosh in our kitty be to contribute to half our share to ShoreCan?

Sounds like a cunning plan to me....

Investigation by Vanguard, weekend, showed that the Department of Petroleum Resources, DPR, ‘the technical arm of the Ministry of Petroleum Resources, MPR, with a broad responsibility for implementing government policies, has already issued letters to successful bidders. However, of the 161 companies short-listed for this final stage, only companies with the technical and financial capacity to develop the fields up to first oil, and pay between $5 million and $20 million signature bonus within 45 days stand the chance to finally emerge

Read more at: https://www.vanguardngr.com/2021/03/buyers-react-as-fg-concludes-sale-of-57-marginal-fields/

It’s amazing that numpties still have the gall to deramp this. Brilliant news ANOTHER ii buying in. This should go down very well over the pond

It’s compulsory they submit RNS once prospectus submitted

minor pullback being heavily bought into....shedload of buying @ 0.015

Date/Time Price Change Volume Buyer Seller
Mar 22, 15:28 0.015 2,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 22, 15:27 0.015 10,000 TD Securities Inc. TD Securities Inc.
Mar 22, 15:27 0.015 5,000 TD Securities Inc. TD Securities Inc.
Mar 22, 15:27 0.015 15,000 TD Securities Inc. TD Securities Inc.
Mar 22, 15:19 0.015 50,000 RBC Capital Markets RBC Capital Markets
Mar 22, 15:17 0.015 281,000 Desjardins Securities Inc. Scotia Capital Inc.
Mar 22, 15:17 0.015 19,000 Desjardins Securities Inc. TD Securities Inc.
Mar 22, 15:16 0.015 30,000 Questrade Inc. TD Securities Inc.
Mar 22, 15:16 0.015 20,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 22, 15:08 0.015 50,000 RBC Capital Markets RBC Capital Markets
Mar 22, 15:03 0.015 100,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 22, 15:02 0.015 36,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 22, 15:00 0.015 10,000 Desjardins Securities Inc. TD Securities Inc.
Mar 22, 14:40 0.015 40,000 Scotia Capital Inc. Scotia Capital Inc.
Mar 22, 14:39 0.015 1,000 RBC Capital Markets RBC Capital Markets
Mar 22, 14:32 0.015 50,000 TD Securities Inc. TD Securities Inc.
Mar 22, 14:24 0.015 1,000 BMO Nesbitt Burns Inc. TD Securities Inc.
Mar 22, 14:22 0.015 72,000 Scotia Capital Inc. Scotia Capital Inc.
Mar 22, 14:18 0.015 9,000 TD Securities Inc. TD Securities Inc.
Mar 22, 14:09 0.015 5,000 RBC Capital Markets TD Securities Inc.
Mar 22, 14:09 0.015 5,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 22, 14:07 0.015 3,000 Merrill Lynch Canada Inc. TD Securities Inc.
Mar 22, 14:05 0.015 35,000 RBC Capital Markets TD Securities Inc.
Mar 22, 14:03 0.015 118,000 RBC Capital Markets TD Securities Inc.
Mar 22, 14:03 0.015 40,000 RBC Capital Markets Anonymous

Last 5 Last 10 Last 25
Date/Time Price Change Volume Buyer Seller
Mar 19, 15:49 0.02 0.005 5,000 TD Securities Inc. TD Securities Inc.
Mar 19, 15:42 0.02 0.005 3,000 TD Securities Inc. TD Securities Inc.
Mar 19, 15:41 0.02 0.005 5,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 19, 15:39 0.02 0.005 10,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 19, 15:38 0.02 0.005 10,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 19, 15:35 0.02 0.005 25,000 BMO Nesbitt Burns Inc. BMO Nesbitt Burns Inc.
Mar 19, 15:33 0.02 0.005 20,000 TD Securities Inc. TD Securities Inc.
Mar 19, 15:29 0.02 0.005 50,000 BMO Nesbitt Burns Inc. BMO Nesbitt Burns Inc.
Mar 19, 15:29 0.02 0.005 20,000 BMO Nesbitt Burns Inc. BMO Nesbitt Burns Inc.
Mar 19, 15:29 0.02 0.005 30,000 BMO Nesbitt Burns Inc. BMO Nesbitt Burns Inc.
Mar 19, 15:29 0.02 0.005 6,000 TD Securities Inc. TD Securities Inc.
Mar 19, 15:28 0.02 0.005 30,000 CIBC World Markets Inc. CIBC World Markets Inc.
Mar 19, 15:26 0.02 0.005 40,000 CIBC World Markets Inc. CIBC World Markets In-

Great post Tilburn,
Looks like say early may for the relist...
So by that time:
1st production update
OPL extension news
Possible new licence in Nigeria

That lot comes in and pretty sure we will relist above 2p...
Great times here, GL to all INVESTED.

Concenscus is we are looking at a relisting around 1.5p. we should have improved production by then and also news on Nigeria. So late April I’d the earliest we can be back trading till then all eyes on XOP.