Member Info for happysparrow

https://thehedgefundjournal.com/kite-lake/
with around 95% of trades having a hard catalyst associated with them. They include announced merger deals and other contractual transactions, rather than softer situations such as early stage rumoured approaches or deep value with soft catalyst investments. On stock-for-stock deals, Kite Lake hedges with shorts in the acquirer’s stock, sometimes using options to create more deterministic risk-rewards. Apart from mergers, Kite Lake is very selective in other equity event trades, only engaging in non-M&A investments if they expect a forecastable, transformational event.

https://www.marketscreener.com/business-leaders/Richard-Griffiths-05J8QH-E/biography/

https://www.ora.je/team/

YF Finance have a 23.71% stake in VOG (3rd Feb 2020)
https://www.victoriaoilandgas.com/investor-relations/significant-shareholders/

I put forward this proposition last year. Perhaps worth revisiting now? I just posted this on the VOG board:
I missed this yesterday!
I initially invested in VOG as I thought there was a strong possibility that SEY would merge/takeover VOG (The other scenario was a merger/takeover by the Etinde partners - Lukoil, NewAge, Blvn).
SEY had about $45m funds sloshing about, YF Finance has built a 5% stake recently; and they had worked in Cameroon before, and wanted producing assets. The dominant shareholders have now sold their stake, we do not know to whom yet (but YF finance could well be the main buyer?); they've taken on the ex-Tullow boys (regarded as useless by ECO investors); and wish to invest in West Africa. 'Paul and Ian have extensive experience and knowledge of identifying and developing oil and gas assets in West Africa and intend to refocus the Company's strategy on producing assets in this region.'
Here is yesterday's after hours RNS:
https://static1.squarespace.com/static/5ba9f4ba77b9032215087961/t/602eb1150cb95542ca6d4131/1613672725525/20210218_Shareholders+RNS+%28final%29.pdf

Is this yet another contender to buy out or merge with VOG?

I posted this on the VOG board - may be of interest to some.

I missed this yesterday!
I initially invested in VOG as I thought there was a strong possibility that SEY would merge/takeover VOG (The other scenario was a merger/takeover by the Etinde partners - Lukoil, NewAge, Blvn).
SEY had about $45m funds sloshing about, YF Finance has built a 5% stake recently; and they had worked in Cameroon before, and wanted producing assets. The dominant shareholders have now sold their stake, we do not know to whom yet (but YF finance could well be the main buyer?); they've taken on the ex-Tullow boys (regarded as useless by ECO investors); and wish to invest in West Africa. 'Paul and Ian have extensive experience and knowledge of identifying and developing oil and gas assets in West Africa and intend to refocus the Company's strategy on producing assets in this region.'
Here is yesterday's after hours RNS:
https://static1.squarespace.com/static/5ba9f4ba77b9032215087961/t/602eb1150cb95542ca6d4131/1613672725525/20210218_Shareholders+RNS+%28final%29.pdf

Is this yet another contender to buy out or merge with VOG?

I missed this yesterday!
I initially invested in VOG as I thought there was a strong possibility that SEY would merge/takeover VOG (The other scenario was a merger/takeover by the Etinde partners - Lukoil, NewAge, Blvn).
SEY had about $45m funds sloshing about, YF Finance has built a 5% stake recently; and they had worked in Cameroon before, and wanted producing assets. The dominant shareholders have now sold their stake, we do not know to whom yet (but YF finance could well be the main buyer?); they've taken on the ex-Tullow boys (regarded as useless by ECO investors); and wish to invest in West Africa. 'Paul and Ian have extensive experience and knowledge of identifying and developing oil and gas assets in West Africa and intend to refocus the Company's strategy on producing assets in this region.'
Here is yesterday's after hours RNS:
https://static1.squarespace.com/static/5ba9f4ba77b9032215087961/t/602eb1150cb95542ca6d4131/1613672725525/20210218_Shareholders+RNS+%28final%29.pdf

Is this yet another contender to buy out or merge with VOG?

https://clients3.weblink.com.au/pdf/88E/02343348.pdf

Marmaris, Hi - Are you saying that there were no gas kick backs when drilling because there is no gas in these 5 zones? That it has all migrated up through the surface as there are bloody big gaps between the particles, and no seals? And, following that, any oil that they find in any of the 5 zones, if found in sufficient quantity, due to these 'gaps', is likely to flow easily?

I put a couple more posts on Remus on the LSE VOG board - not to cram up this site.

Cameroon, Senegal and Mozambique, remain very much on our list of target countries with
asset acquisitions clearly identified. Remus will engage the Government authorities in each of
these countries during 1Q 2020.
https://remus-health.com/wp-content/uploads/2019/10/Remus-Newsletter-September-2019-compressed.pdf

This is the USP:
https://www.remus-corp.com/inner.php?mmid=12
Remus will seek with numerous Nation State Governments a simple exchange. The deployment of GNHS free of cost in exchange for access to develop relevant petroleum and non petroleum mineral assets. The National Governments will naturally share in the profits of the commercialization of these assets, however more importantly 20% of the profits generated will be allocated to the ongoing running and management of GNHS.

Yes, too noticed this Hams.
Would Lukoil be prepared to partner Remus on developing Etinde? If Remus bid for NewAge/Blvn, would Lukoil, hostile to the partnership, then be forced to buy out the whole shebang at a higher price than Remus was offering? If Remus succeed at buying Far, then Lukoil might have spare cash burning a hole in their pocket too (although they seem minted, anyway) - and use it to buy more of Etinde? Many possibilities, perhaps?

After reading Malcy's blog today, https://www.malcysblog.com/2021/02/oil-price-petrotal-far-remus-and-finally/ I decided to have a look at Remus - It seems they have their pencils out sharpened for 'production assets' in Cameroon.
https://remus-petroleum.com/#portfolio
Either VOG or NewAge/Blvn, or both, would fit the bill.
And a failed bid for FAR would give them A$200m looking for a home.

Yashodan Sathe is of particular interest. (now Head of Mergers and Acquisitions for Remus).
Part of a big Downstream player in Nigeria https://neuronstrading.com/about/
'We have complete understanding of oil trading, technical and operational procedures in the shipping line; we also understand the diverse businesses in the maritime industry and best records of our board member in the energy sector and their years of experience and expertise in the business'

Of possible note on Oil and Gas Trading https://neuronstrading.com/services/#1553759161384-692d5a6d-31e0 ...'We anticipate significant synergies to arise in Africa after setting up our natural gas desks as market liberalization continues and the LNG and natural gas markets converge. We believe that future arbitrage opportunities arising between LNG and natural gas, combined with Neuron’s experienced market intelligence, will allow us to develop a unique value proposition to our counter parties and partners in the next few years.'

https://neuronstrading.com/staff-item/yashodhan-sathe/
'Over the last few years, Yashodhan has developed a robust network of investors in the Venture Capital and private equity fund and transaction space encompassing institutional investors, family offices, fund of funds and ultra-high net worth individuals.'

After reading Malcy's blog today, https://www.malcysblog.com/2021/02/oil-price-petrotal-far-remus-and-finally/ I decided to have a look at Remus - It seems they have their pencils out sharpened for 'production assets' in Cameroon.
https://remus-petroleum.com/#portfolio
Either VOG or NewAge/Blvn, or both, would fit the bill.
And a failed bid for FAR would give them A$200m looking for a home.

Yashodan Sathe is of particular interest. (now Head of Mergers and Acquisitions for Remus).
Part of a big Downstream player in Nigeria https://neuronstrading.com/about/
'We have complete understanding of oil trading, technical and operational procedures in the shipping line; we also understand the diverse businesses in the maritime industry and best records of our board member in the energy sector and their years of experience and expertise in the business'

Of possible note on Oil and Gas Trading https://neuronstrading.com/services/#1553759161384-692d5a6d-31e0 ...'We anticipate significant synergies to arise in Africa after setting up our natural gas desks as market liberalization continues and the LNG and natural gas markets converge. We believe that future arbitrage opportunities arising between LNG and natural gas, combined with Neuron’s experienced market intelligence, will allow us to develop a unique value proposition to our counter parties and partners in the next few years.'

https://neuronstrading.com/staff-item/yashodhan-sathe/
'Over the last few years, Yashodhan has developed a robust network of investors in the Venture Capital and private equity fund and transaction space encompassing institutional investors, family offices, fund of funds and ultra-high net worth individuals.'

Now you know how to pronounce it - not doolally! It's the place to go.
https://www.loudersound.com/news/osibisa-premiere-video-for-new-single-douala

Darcon and Telemachus discuss Marmaris's question on the advfn board. Of interest.

Thanks, CluelessT, was aware of these, quite a few recommending them, and like SAVE both up 100%+ recently. Both have potential, but don't wish to spread my bets too widely.
But good luck with them all the same.

Thanks, Mr B - what's really not good for my health is this bloody stupid lockdown - I should be out in the tropics right now.
With SAVE I trade in and out currently (currently out), but really planned to build a bigger holding here come Summer - waiting for stronger confirmation on trade receivables first, and perhaps getting closer to Niger progress. Too, I'm hoping my TXP, PANR, JSE, and yes, VOG, will all come in big in the next 6 months, so some of that should go into SAVE then (if I've not missed the boat here - with my luck, I often do).
I know we joke about it, but the VOG business is really very close in concept to Accugas and thus you should all here understand the problems and possibilities more than most; and I think it's worth reading some of the last few days posts there on LSE VOG (could easily go up 3 times in the next 6 months imo - but high risk). Still, no point plugging it further... lead a horse to water and all that.
Meanwhile GLA on here, hope it comes in for you, with or without me.

https://www.downtoearth.org.in/news/africa/pangolins-in-cameroon-are-on-the-verge-of-extinction-75535