Member Info for Ducatti

Just speculating. If we was awarded new blocks which already have geomagnetic data(or w/e technology used) to imply gas, I wonder if we could end up with much more than 2.4TCF worth of prospects PRIOR to a farm out partner being announced? CLNR's current 2.4TCF is based upon only 4 blocks, and there were blocks available directly next to our current fields. I guess it can only benefit

If Ferrier/GKP truly was supposed to provide sensitive information to the market as per the rules, why don't you just email the market and the Serious Fraud Office, and then include Ferriers and GKP's broker in the carbon copy. The thing about fraudulent enterprises - one little crack may give the S.F.O grounds to investigate further. It is something more shareholders should consider doing... especially as the S.F.O has been quite active in the Oil fraud these days...

the sp shows otherwise CJ. 32p to 26p. next week 24p.

As we entered the 30th Offshore Licensing Round which closed 21/11/17, I think we will also get a re-rate if we are awarded any new license blocks.

Does anybody have any realistic scenarios which can occur causing the SP to get back on the right track?

12/12/17 https://www.cnbc.com/2017/12/12/one-dead-after-austrian-gas-hub-explosion-report-says.html Italian minister says his country will declare a state of emergency due to lack of gas supply" According to Reuters, deliveries to Italy might be most affected. Shortly after the news, Italy's wholesale gas price rose 87 percent to 44.50 euros per megawatt hour. Italian industry minister Carlo Calenda warned of a "serious" energy supply problem and said the country would need to declare a state of emergency."

Algy already said in a past RNS that the current delay was to select the "best deal", could this imply we have multiple offers? lo_cal which analysts have you seen rating 10p? I have only seen the 12.6p rating.

I will take alook at Cove Energy later. You said you are waiting till after farm out before buying, do you have a rough guess to what the SP could be after the JV announcement?

8/12/17 - http://www.malcysblog.com/2017/12/oil-price-sound-echo-coro-zenith-energy-empyrean-finally/ "... CFO JJ Traynor went down well with optimistic news that for every 1 TCF of gas in the portfolio the shares could add £1.50, news shareholders lapped up. ..." At the above calculation 2.4TCF = share price £3.60. Let be irrationally over conservative with that figure, and reduce the £1.50 ten times, 2.4TCF at £0.15 per 1TCF = sp of 36p - still an 18 bagger from todays 1.9p. happy with that.

@notrac What is your overall view of the neighboring distances? 15 Miles to INEOS really isn't a big distance imo. Not a ship specialist so don't know exact speeds these big ships can reach, but if they were able to achieve only 15 MPH they could transport the engineers/staff/oil/gas from INEOS to CLNR fields in around 1 hour... or just the staff on a quicker boat in around 20 minutes - Seems an ideal cost-effective situation. I wonder how long it also takes to run 15 miles of pipework on the seafloor?

Reposting for anybody curious to CLNR's license position & proximity of neighbors https://s33.postimg.org/k7xpza64f/Clnr_Fields.png

07/12/17 - https://www.scotsman.com/business/companies/energy/shell-predict-healthy-future-for-north-sea-oil-into-2030s-1-4632187 "A senior executive at Shell has predicted a bright future for the North Sea into the next decade and beyond. Steve Phimister, upstream vice president for the UK and Ireland for the multinational oil giant, said the company had no plans to sell off any more assets in the region."

@DG1Investor - farm in news must come before May 2018 in accordance to licensing rules.

In wasting time speculating on what ifs for a share like this, if you hold, just brace yourself and forget about it for the time being.

So down we go. Not good considering we had regular updates prior to this.

There arn't really any banana skins tbh. Upcoming news to wait for is New License's to be announced + possibility of any gas estimates for them, Farm in Partner. BP ravenspurn resulsts

Surprised about the release of that information tbh, its supposed to remain "tight hole status" My interpretation was that the results were kept secret because they were good - which allowed for BP/Premier/Pereneco more time.

Do you still hold? Hang in there, check the map posted below, im sure we will find a partner.

I wonder if CLNR applied for some other licenses in the latest round? I don't recall hearing we did or didn't, how about you guys? Could possibly be another catalyst and add value to the company overall.

Although you couldn't say with certainty one way or the other, Its actually a valid reason when trades 400% larger than the normal appear in the multiples in the order book.