Member Info for Jarv55

Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), is pleased to announce it has acquired an interest in Licence P2112, a Southern North Sea Licence, which contains Badger, a large undrilled gas prospect through the acquisition of a 14.75% equity interest in Eagle Gas Limited (“Eagle”), a private UK oil and gas company. Highlights: Eagle, through its wholly owned subsidiary, has a 66.67% interest in Licence P2112. Andalas’ investment will provide capital for Eagle’s share of the 2018 work programme, contracted to PGS. The existing 3D seismic data and interpretation by the previous Operator indicates that Badger has significant gas potential. The work programme will further define the size of the Badger prospect and fully meets the licence commitment. Eagle is targeting completion of the work programme in Summer 2018. The Licence straddles existing pipeline infrastructure. Creates the potential for further investments opportunities in the UKCS. Consideration payable to Eagle is £125,000 in cash and 147,058,824 fully paid Andalas shares equating to £25,000 at the placing price. £600,000 (gross) raised via the issue of 3,529,411,765 new ordinary shares of no par value, at a price of 0.017 pence per share – funding the acquisition and for general working capital (“Placing Shares”).

Response to social media speculation The Company notes recent social media discussion regarding the potential purchase of an interest in an oil and gas asset in Indonesia, the Bunga Mas PSC (“Bunga Mas”). In accordance with the Company’s previously stated strategy, the Company continues to evaluate a number of oil and gas projects, of which Bunga Mas is one.  However, discussions remain at an early stage and commercial terms are yet to be agreed. There is no guarantee that terms will be agreed in respect of Bunga Mas but, should they be, or indeed should the Company reach agreement in respect of the acquisition of interests in any other projects, it will update investors at the appropriate stage.

Its either traders buying the lows and taking their 5 to 10% on the swings and this has been done time and time again you can see it in the chart. or its a legacy holder either way its going to need concrete news to get the price up and to get it to stay up.

strange can't say I have seen him what is his user name?

tencent logo taken down lol

bonzob who is Rick?

A binding agreement may not take as long as you think depends how long they have been working on this behind the scenes. The main problem you have here is the seller.

And I was talking to Steve at sharetalk

Brainer lol you don't know me at all I haven't bought Hvo just pointing it out you tend to jump to conclusions a lot don't you?

Dijo need an update on user numbers and solid news

Eddie I know its frustrating with the sellers here but you will sell out just before a contract lands and miss the big rise.

doubleup thanks strange thing to do either sell or stay in why they would sell now is beyond me, unless another placing is coming and no Brainer I haven't sold out just trying to look at all angles

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ADL&ArticleCode=0e9eih8p&ArticleHeadline=Holdings_in_Company http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ADL&ArticleCode=kparr6u3&ArticleHeadline=Holdings_in_Company http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ADL&ArticleCode=05c4pwy6&ArticleHeadline=Holdings_in_Company http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ADL&ArticleCode=h60zw3fe&ArticleHeadline=Holdings_in_Company

Brainer the only clueless one here is you. You were slating this stock earlier in the week to get a cheaper position. I am asking about the Tr1 because its looks like they were diluted in the placing just odd there are so many holding rns for one placing so maybe you can explain to me why their holdings have stayed the same.

https://www.youtube.com/watch?feature=youtu.be&v=hAPudatepbw&app=desktop

Right I am confused by this their holdings are staying the same what is going on with them?

Dyor they clearly are

https://www.youtube.com/watch?feature=youtu.be&v=hAPudatepbw&app=desktop

You are right they don't have to tell but it would be courteous to do so and the company can look at the share register themselves

double bottom on the chart would be good to get an rns saying Atlas are out