Member Info for flexmw

Ford

Yes, share price X shares on issue = market cap...

Yep, mentioned this on the morning of the last RNS....

I’ve added a few more this morning on the slight dip, hoping for some positive R3 news to get things moving! I hope if successful they announce separately to the usual results update in April.

Highlights
· Umiat Oil Field acquisition conditions satisfied
· Wireline logging continues at Merlin-1

Details
The final condition related to the acquisition of the Umiat Oil Field ("Umiat") is now complete with cement work associated with plugging and abandoning of two historical wells at the field now executed. Remedial site work will be finalised in the near term.


Wireline logging operations at the Merlin-1 well at Project Peregrine are underway, with preliminary results expected over the weekend.

Managing Director, Dave Wall, commented: "The acquisition of the proven oil field at Umiat is a significant milestone for the Company and its shareholders, particularly in the context of any discovery made at Project Peregrine, where wireline logging is currently underway."

Heart attack moment.... expected bad news all of a sudden but all on track!

The RNS is consistent:

The Nanushuk Formation, which contains the primary targets for the Merlin-1 well, was encountered ~600' low to prognosis and is interpreted to be ~500' thicker than that encountered in the wells drilled into the Willow Oil Field ("Analogue Wells") to the north of the Project Peregrine acreage.

No sign of meters there....

Why now is the markets traded in the first sentence of the RNS including OTC : EEENF .... all to keep the momentum going....

Upomega

You say that comments aren’t directed at individuals yet earlier you said “ Better still no comments from the spiv dinosaurs..” Clearly aimed at some posters, perhaps you should read what you write as being read from someone else’s point of view then you’d understand why people comment against you. Why don’t you email the BOD with your concerns & relay the feedback, at least you’d know you were getting to the people you want too. Perhaps lay off calling them Dinosaurs if you want a reply though!

https://www.energyvoice.com/oilandgas/north-sea/310420/shell-looking-options-new-aberdeen-headquarters/amp/?__twitter_impression=true

Shell could move in with us, take us over & the hunt for new premises is over! (Tongue in cheek of course...)

MW93

An update could come at anytime as you say, with Pantheon reporting that results from the initial phase of testing of the Kuparuk will be announced early next week, I wouldn’t be surprised if an update will happen after this for maximum effect, all subject to positive results for both of course....

OTCmarkets.c.m EEENF
+38.5% circa 642 million volume, delayed info

ELKO (presuming none sold) could well be holding circa 421 million shares... they were ranked 20th largest holder on the latest Full Year Report circa 61 million held at the time, with the latest news it puts ELKO as the 3rd largest holder of stock...

For the more knowledgeable, estimated resource is at 71Mt @ 0.44% Cu & 0.064g/t Au, at a 0.3% cut-off and classified as Inferred in accordance with JORC (2012) which time me sounds fantastic when we’re working towards 2mt contained, how do we get 2mt contained, will it be a combination of all 6 drill hole assays??

Hi all,

A quick storey, after all previous chat regards social media & twitter, beginning of Jan i thought i’d contact Serica & MF, i made an unofficial twitter account asking if they’d mind if i ran an account for all things Serica & North Sea, that same day Mitch coincidentally had a meeting with their PR company, he came back to me & asked me to hold fire as they’d give twitter a go but still their preference was linkedin. In the meantime as my account was registered yet inactive I gained a few follows & tagged in a few things. Well with the talks regards BP today i’ve been tagged a fair few times so thought i’d take a look as thinking Serica had had approx 2 months to sort & guess what... Serica have had a twitter account from roughly the beginning of February :

@SericaEnergyplc if you fancy following them, MF is on twitter & a follower.

Claza

Could you clarify what you mean by ‘Spud day target’ please?? is it how far they drill in one day.. the day they ‘Spud’...

I like it that you say it how it is Guzzler!

As much as i’ve enjoyed the last couple of days, i’d like to see a little consolidation before moving on (up), & the real news as already said a good two - three weeks if all goes to plan!

A couple of things i’ve read over the weekend with the $eeenf guys, I haven’t had time to check etc 1) Clocks went forward 1hr so possibly expect earlier interest this afternoon. 2) American Depositary Shares are what are being trader (US & OTC i guess) 3) 1 Depository Share is equivalent to 10 ord shares, which would make sense with the volume, anybody else seen or knowledge on this?

That all makes sense & BKR 100% would be an ideal time to make the move to the main market Sasa.

Good information there Newkotb, keep up the good work!

I’m not comparing personally, just highlighting a deal has been done & quite often there is chat on here regards a link up between Serica & Kistos, which i know i’ve personally said what would Kistos of offered Serica at the time. I think it’s more one of investors seeing other deals being done whilst we continue to look for the right deal. I did like A A’s comment:
We are very excited to be beginning the next phase of Kistos' journey with the acquisition of these profitable and cash generative assets, which have probably the lowest carbon footprint of any production assets in the North Sea. To be producing gas, a vital transition fuel, from normally unmanned platforms powered by solar and wind is exactly what we set out to do. In addition, we see potential for significantly increased production from discovered hydrocarbons within the licences being acquired by Kistos.

"The team at Tulip have done a fantastic job to date in getting this low carbon production operation up and running and we are looking forward to working with them and our partners at EBN in replicating this success and being a model for future low impact developments."

‘Lowest Carbon footprint & powered by Solar & Windpower’

Andrew Austin doesn’t hang around.....

Proposed Acquisition of Tulip Oil Netherlands B.V.

Suspension of Trading on AIM



Kistos (AIM: KIST), the closed-ended investment company which has been established with the objective of creating value for its investors through the acquisition and management of companies or businesses in the energy sector, is pleased to announce that it has entered into a binding share purchase agreement, subject to customary conditions precedent, to acquire the entire issued and outstanding share capital of Tulip Oil Netherlands B.V. ("TON") from Tulip Oil Holding B.V. (the "Seller" or "Tulip" or "TOH") (the "Acquisition").

Proposed transaction

· Kistos proposes the acquisition of TON, which, via its wholly-owned subsidiary, Tulip Oil Netherlands Offshore B.V. ("TONO"), owns an operating interest in the Q10-A offshore gas field and interests in other fields in the Dutch North Sea, including the Q10-B, Q11-B and M10/M11 discoveries, and other exploration and appraisal projects.