Member Info for Da_Gee

Look at the MSMN website it has report by SRK it mentions of 12.44 bcf (Billion Cubic Feet) of conventional gas and unconventional gas of 1456 bcf which is 1.456 trillion cubic feet.. even if we hit 1/5 of that it will be huge for a very small company like MSMN. Look at Cove energy as an example that what we want here. That will be a dream but it’s no impossible. Gas in Australia has gone expensive. Prices in Australia were approx $3 per mmbtu so conventional gas 12.44 / 0.000001 = 12,440,000 mmbtu * $3 = $37.32 million.. work it out for 100bcf. 500 bcf and then potential 1456 bcf. Key is the report drill location Farm in partner. Debt facility. We just need one drill this year in H2 and get it going in Australia NT.

If that option is revised from $450k to 60% of that then that would be great result.. 55% would give MSMN control of the operations. Blackstone have 15% and would have the go-ahead to purchase the remaining 30% from inland. If the option is taken we own a further 28% of the reserves.. that value alone would be over $2 million value.. the bank would certainly look into that as a Positive step. The independent Welch report would add further 100% reserves to MSmN. GlA next two weeks we should have good stream of news on many fronts.

CBS you clearly have an agenda here.. who you’re working for we will never know. The way you are scrutinizing msmn every single company falls into that category.. there are soo many ifs and buts about a company. No matter how perfect a company is look at FB all these scandals going on. what you do not understand MSmN won’t be great yet.. they will not re-rate yet. What they have done merely is invest money in 3 projects and verified one independently. And in progress with the other one.. Most AIM company are rife with issues. We are not investing because of what MSMN has now. All they have done is investments only. I’m not expecting any profit.. companies take years to turn into profit. You should know that.. our profit per barrel won’t be great yet because of all the initial investment made and the initial work-overs done. What is you buy in prIce 0.3 lol

http://www.lse.co.uk/view-general-chat-thread.asp?forum=general&thread=BBE82602-73D3-4DFD-8015-0C4D0B61C85F#post_12711454 I've set this up in case anyone wants to keep in touch it's general BB titled KEA Shareholders!!.. I will be intrigued to see how the permits are linked to IRGS and his pals.. as they have sold them way too cheap!!!..

to run down the company and have impossible targets.. why did they need to raise £3 million when MEO presentation they would need $nz 2 million which and our raised money would have been close to $7 million nz 6,942,366 to be precise.. why did they need to raise triple the amount to get Shannon drilled??? and then when they sold the PUKA site they left us with no choice either as if we cancelled we would have to pay them odd 200k for cancelling it which would have been to give the assets either way.. they have been shafting the shareholders and do not know they did this to us.. Some serious mis-managements have been going on and left the shareholders shafted!!!..

Seems like Celiera are looking to bring the wells online... WHY on did KEA management think of this.. why raise £3million just raise £1million and get the well fixed and online again..and improve on that!!.. we would have been break even but would have got us through the difficult period until oil prices were up.. Just bloody peed off our management are short sighted and were concentrating on too much stuff and little on securing an early income to be stable.. Puka oil accumulation - Shallow oil accumulations produced from 2 wells. - Discovered in 2013 - Produced at 110-115 barrels/day under long term test before shut-in January 2015 due to mechanical problem and low oil price - Recent assessment suggests 600,000 barrels of 2C contingent resource (100%) - Investigating potential to work-over Puka-1, which if successful would trigger recommencement of production at Puka

this forum will be deleted and there will be no more means of communicating with other shareholders in this company... I.m considering to setup a forum outside the this BB GROUP and want to trace what they do for PUKA and the MAUKU income... we have sold them too cheap!!.. 250k including infrastructure.. I can't believe there was no major revolt from out 3% plus holders.. we could have teamed up with them etc.. and complain to the FCA about false practises regarding the two II's being given the nod before the drill results... I just can't let go and think my 30.5k is gone down the drain!!... any lawyers out there..

the bills are paid off.. if any don't mind getting something back rather than nothing.. even £20 for Pizza would be good IRGS.. hope you starve for the rest of your life and somehow end up in Jail!!..

Hi Amypie - My personnel life was not in the same situation as yours but as a young professional when I came into this share.. having done my research and thought this was a small company run by a BoD with previous success stories.. and due to the savvy past I believed in them.. I too had many instance were I could have bailed out at break even at 15k at 10.5p at the time.. and then i had invested more totaling 30.5k and again on that Friday i could have sold out at 5k loss.. before the RNS hit on Monday... the 2 II's coming out during that week must have been given the nod by the BOD or knew the outcome before us.. it was a complete sham.. and shows KEA did not manage well at all... they had all there 5 fingers everywhere.. we had spent money on Seiemics that were not a priority and did not Focus on the PUKA as we should have done.. too many mistakes and delays.. Delays meant the cost was being used for running the company day-to-day and not actually doing anything!!... it's a disgrace IRGS.. you should be ashamed of your self for running a company like this.. as to why you did not rescue it your self shows the confidence you had in your own company.. PUKA was sold way too cheap.. and we should have retained some royalty or 10% rather than giving the whole thing in a firesale.. we were not that desperate.. and with the money from all the Assets we could have had a small stake in the STEP agreement with MSMN or something.. there is soo much they could have done.. who can we cry to no one i guess the FCA won't look into this company.. or shall we call the Nz Police.. for fraud..blown away million 20++ 30k for me would have had a good wedding next year or a new car.. crazy to say the least.. all curse IRGS

I've learnt a lot from this share.. and it has been bad luck I guess and management had the wrong priorities.. I've had corporate notification action is well so ,my 30.5 is gone never to be seen again!!! It is crazy that young successful professional individual who worked hard for his money and put a lot of effort in has lost a large some of money to these rats!!.. You would have thought that a guy with so much experience would indeed know how to run a company.. but it's come to a point where even our listing on the AIM is of no use.. no one used our platform to gaim access into the Market.. I'm sure a number of large holders could have put in a requisition and remove the board and put in a new one in.. gosh i just find it hard to believe this is it.. no one else has come to the rescue or taken KEA off these people.... this is just insance and believe they will not get anymore funding or I doubt they are doing anything and simply closing each light in each room before closing the door on the final day!!!..

http://www.energystream.co.nz/news/2015/aug/6/august-2015-nz-og-wrap Another private New Zealand company, New Endeavour Resources (NER), is hoping to raise enough funds to buy the nearby Mauku prospect from UK company Kea Petroleum and perhaps drill the prospect next year. And, in an interesting move, former New Zealand Energy Corp president Calgary-based Bruce McIntyre has joined the NER board of directors. It is understood his experience in Northern Hemisphere energy markets, particularly finance markets, could be very helpful for NER.

https://www.youtube.com/watch?v=_E2qpbTIL64&app=desktop JV partners could be a possibility for KEA with MSMN being the 40% owner!!! and if there stake is 1.7 million then depending on what other potential JV partners are another 40% is 1.7 million and a 20% is 0.85 million which is what I would do to get a stake in that company with MSMN being the main operator.. IRGS hope your reading this message.. giving you some ideas!!

Still not trading wonder what the BOD's are doing in the background!!.. there large holders will not be pleased at all.. having diluted them twice.. Do we have an accountant on board who look at the tax losses this companies has.. that is the only value it has currently for a potential RTO.. we need an asset in ASIA like SER are currently doing a DD on.. and potentially raise money for that to develop.. but before we do that... in the AGM we need to get rid of most of the people and start a new management team.. we still had all the directors despite having no money at all.. Our value is tax losses and the AIM listing nothing else!!!.. So a non-listed oil/gas company could use our platform and perhaps that management can come aboard KEA.. A BIG change is needed.. get rid of IRGS... we don't need him as a chairman!!.. poor management decisions and no back-up plan at all.. he did not think strategically but played roulette hoping it would land on the black stuff..

About the total amount of shares? Is that still the same in the RNS it does state 93 million should that be 93k now... We use to have odd 993 million then were diluted to 93 million shares.. And it seems like our the shares have not been reduced??

Just read the last RNS and it will some up what happening here.. been sold way too cheaply here.. no shareholder value at all.. don't know what IRGS has been up to.. only thing I will approve is the disposal of the assets and the rest i'm against/ abstain as i rather have some money before they sub-dividee again by 10 which leave my 30k investement down 700 and then down to 70.. so i rather just dispose the assets of and not let the company continue.. unless they have real plans and use the AIM status as bargaining tool for RTO and use the tax losses accumulated over the years..only attraction i can see...

even with a minimum of 880k barrels at a low price $60 equates to $52.800000 = £35.2 million the total value that could be achieved for the PUKA field not forgetting the Shannon Prospect which they believe has a high chance of 20%.. so it seems like they have sold all the info including 3d 2d seismic + Infrastructure everything for .2 of the total value of the company in a fire sale.. why was it a fire sale in the first place? I would ask everyone to reject this proposal as it does not give any value to us shareholders at all. Why are we being sold so cheaply is the question. I know we are tight..get rid of all your directors and fully rent the west minister office... work from home.. worst case I will approve the sale but no further funding or anything for the directors to continue the business.. we will not get any value back no where near what we could have got... we should have retained a small amount of stake in the PUKA license even 10% would have done us fine. but nothing for nothing ain't gonna work.. IRGS if your reading this.. you need to do better than this?/

MEO own 30% of that license.. so KEA have sold the remaining interest for £222,550 having spent 20 million this is completed Bull**** deal.,, next to nothing!!.. I'm sure the 800k barrels are worth more in the ground and the potential 20% chance of success is worth a lot to a company.. what about all the up front costs to KEA that were encountered.. one of the worse deals out there.. I am not approving any of the deals.. and then wants to raise another 1 million as an investment vehicle.. it's like they were writing a large RNS to contain all the bull**** in there head.. complete farce.. not getting any off my support anymore.. let it go... but I will research on this 'Caliera Fund Limited' too see if is anyway linked to these scumbags.. so if they drill Shannon and hit we all lose out.. as we have no interest we do not even get any royalty at all.. that's how i'm reading the RNS unless i've missed something obvious!!.. MEO benefit is well.. if that company hits they will get 30% of the revenue is well.. we shareholders are left with nothing.. there is no shareholder value here.. everything happens at a snails pace here.. my 97% is better off nothing having anything rather than approving the EGM and they use money to invest in other sectors and take wages and leave us with nothing.. even if they do we will not get anywhere near the value that has been lost.. so not worth it.. about financing well they said they could not do it under a penny they are now saying we are overvalued and cannot do it at 1p.. is this a joke!!.. i've seen many companies raising capital at less than 1p like SOLO and SER.. how come we have not done this.. even if that meant having more than 1 billion shares don't care.. this is the worse deal for 222k.. IRGS shove it up your arse!!

What would you guys prefer is the question... Shanon a potential of 10 million barrels and if hit value of 500 million or what is our PUKA field plus infrastructure plus the potential of 20% of shannon worth.. 1 million = $50 million so 1c = $40 million 2c 3 million = $150 million and 3c = 10.1 million = $500 million but i doubt there is 3c.. but just for arguments sake take the least amount predicted of 800k worth around $40 million.. someone will surely have a sniff at that...including the infrastructure already in place.. if we get $10-$15 million knowing that it is the least amount recoverable equates to about £6.67 million to £10 million.currently it seems like 1p is worth approx 1p so our share on minimum firesales could be 6.7p - 10p.. if we take in account 2c $150 million then we do seem to be worth a lot more.. someone just has to get a bigger diameter drill and make sure no wax get stuck into it.. if we get $20-$30 million spend $10-$20 million on drill and workovers and you still have $90 millions of potential reveneue to come minus all costs etc.. £13 million - £ 20 million with the 20% chance of Shannon prospect.. this equated to about a sp of 13p-20p... next week will be an interesting week.. I would prefer the drill route for shannon.. will find out very soon.. hope you all are enjoying the long weekend!!..

I've not sold out at all and waiting for the end game... Whatever that maybe it is a risk I took and money I could afford to lose.. But if they do raise the £3 million then that will be welcome for me.. Do you currently hold kea as I do remember you buying when it was around 1.8 went it down from 2.5p ish. You were saying it is a good price to buy.. If you got nothing invested in here then you should not complain wait for the outcome of the placing. Then once a drill is confirmed buy on and sell before the news this time.. I'm sure you will make couple 100% from these levels recoup some losses.. I've not added a penny here until that is known

http://www.directorstalkinterviews.com/kea-petroleum-plc-weve-changed-the-odds-in-our-favour/412663572/412663572 I got a good feeling they will get the £3 million required and the funds will be used for the Shannon prospect and operations. Darwin will go all out to make sure the first Primarybid is successful as KEA are the first to do it... no doubt they will be firing on all cylinders.. Shake it seems like your the joker in a pack of cards with all your comments.. if you have no interest in this share then please move on to a share that you can praise and make sure your investments goes up.. Nothing meaningful to say either.. MEO do not have the money to participate in this drilling.. they are struggling themselves and MSMN have been after them for a while.. they seem fragile and got there own issues.. I am down considerably is well, but unlike SER we do not have any debt but an asset that is salable.. but look at SER now.. on the verge of getitng de-listed saved by the consortium.. and currently a director from KPMG and a non-exec from Sound oil.. and awaitng a CEO, then a potential RTO and the sale of an asset. Now that is turn around.. after many years.. anything can happen in AIM... one KEA get the funding this will shoot up again!! and once drill announced watch this go!!..