Member Info for Callum28

https://www.google.co.uk/amp/s/www.firstpost.com/business/ongc-seeks-more-drilling-to-explore-shale-gas-in-cambay-1317953.html/amp

http://www.millenniumpost.in/sundaypost/in-retrospect/shale-in-india-a-shot-in-the-dark-308269

http://www.dnaindia.com/business/report-saddled-with-rs-13000-cr-debt-gujarat-state-petroleum-corporation-wants-loans-restructured-2620963 Which I suspect means we are more likely to end up with 100% of the field instead of cash.Imo

Mark this post ,cause when Oilex comes good ,I'll reference it. This is a major milestone for the company and follows more than a year of dedicated effort by the Oilex team with the strong support from the Government of India. The extension will provide intrinsic value to our Indian projects and the company, supported by increased interest from several Indian and foreign parties for possible participation in the Cambay PSC," said Managing Director Joe Salomon. "Our efforts are now geared towards achieving commercial gas flow rates in the EP-IV formation. Our confidence in India as a country of immense potential remains resolute and the Company continues to evaluate additional project opportunities where we can apply international technologies and capitalise on the expertise of our team," Salomon added.

Its anticipated before the end of March but as with all things in India these things have a way of being longer

https://m.timesofindia.com/city/ahmedabad/gujarat-model-runs-partly-on-outside-power/articleshow/63061240.cms Gujurat energy producers struggling with LNG Iimports at $10 and Asian coal imports price surging

Between magna ,zeta and rock seems we have a solid base .Guess it's up to JS to deliver us a 10 window going forward.

Are rock representative of capitals holdings or are they some new dark horse in the mix? It's not clear from your post what they are

https://www.thehindubusinessline.com/economy/centre-sets-sights-on-shale-as-cbm-recovery-sees-progress/article22764554.ece

Are we still involved in East Timor JPDA https://www.ft.com/content/e924916a-21b3-11e8-a895-1ba1f72c2c11

I'm using Google chrome

I'm on it right now seems fine

HI Terra, Always difficult to predict with Oilex but my gut feeling is that they will get the PSC sorted, the reason I posted on Magna and Zeta is they are still our two largest shareholders by far. Zeta have been pretty busy buying up Oil explorers in the last few months if they really wanted to at this share price they could scoop the whole lot up and theres not much we could do. I suspect though they are the in the same boat as the rest of us wanting to see if any value can be created by overcoming the technical hurdles in Cambay by the current board. I actually thought the core analysis and review was a good first step but I am not so thrilled about these broker options as they have the potential to keep the share price down. On the other hand they might decide to pump it up to get some return. Who can say? For the humble PI such as I it just a case of waiting to see can oilex find there way through the minefield, if they do manage to sort out the PSC and drill another well then the returns from this level in a few years could be very substantial which both Magna and Zeta are aware of. Im in no rush for now im just happy to see how thing unfold and keep my hand in the pot.

An Australian owned company, Zeta Resources, has announced plans to make a partial takeover bid for a controlling stake in New Zealand Oil & Gas, at 72 cents a share. https://www.nbr.co.nz/article/zeta-saville-team-partial-takeover-nz-oil-gas-b-206314

Mr Mike Watts, delivering presentation on Value creation Oil & Gas projects in India @SPE_OE #OE17 #IndiaatOE17 https://t.co/2dgbu6YXJd

Finally we have a base to work forward off , guess we wait and see how things progress over the next few months

https://www.dealstreetasia.com/stories/india-gspc-plan-sell-stakes-gas-blocks-80199/ Hope this is of help

Mitchells & Butlers PLC (LON:MAB) Change of Rating Trading of Mitchells & Butlers PLC (LON:MAB)’s shares is going to be interesting today, as HSBC lowered the stock to a Hold. Along the rating downgrade, HSBC analysts gave a target price of GBX 385 or 17.20% more. Read more: http://www.octafinance.com/mitchells-butlers-plc-lonmab-is-cut-by-hsbc-to-hold-stock-rating-gbx-385-is-the-target-price-per-share/205464/#ixzz3nb5ZqzLp

somebodys seen the light on todays trades

Could share price go higher on a break up? Mark Brumby at Langton Capital said: Forecasts will come down and the future, to be blunt, is somewhat unknown. One person is not to ‘blame’ for M&B’s sluggish performance. It follows that changing one man, whilst under ideal circumstances the newcomer may prove inspirational, will not ‘solve’ these ‘problems’ To structure the RNS statement such that it welcomes a new CEO before it concedes that it has jettisoned its existing CEO is, just maybe, a little rude. Here’s a thought, why not break M&B up? Turkeys (executive directors) don’t often vote for Christmas but, with [entrepreneur Joe] Lewis and [investment group] Elpida owning around half of the company, this is a real option. http://www.theguardian.com/business/marketforceslive/2015/sep/22/mitchells-butlers-falls-as-chief-executive-goes-and-profits-disappoint