Member Info for koolin_island

Recent director buy was significant.
Good news shouldl continue in Feb / March

Colter Prospect – offshore exploration. Andalas has agreed to farm in to this licence, which lies immediately south of the giant Wytch Farm oilfield off the Dorset coast in southern England. The well to be drilled to a total depth of 1800 metres in the third quarter of 2018 to evaluate whether a discovery made in 1986 was drilled on the flank of a commercially-viable accumulation

Preliminary mapping of a separate area around the 98/11-1 well, south of the Colter prospect, suggest the potential for Prospective Resources of up to 27 million barrels of recoverable oil. Further definition of this separate area will be possible once the results of the Colter well are available.

I have no issue with the terms attached to the options announced today. Makes a change from terms of previously issued options.

This quote is noteworthy "Andalas to deliver on multiple fronts over the next few months".

Many scoffed at the idea when I suggested some months ago that ADL would be a company with a £75M mkt cap. Still in the very early days of (re) development and exciting projects in the pipeline.

on 11th Sept "£5m Market cap for a company with one of the best leaders around isn’t to be sniffed at and won’t be 7p for long that’s for sure"

He / She was correct "won't be 7p for long. that's for sure".

What a disaster

Boom. "Chap I spoke to said mid Sept.."

Can you let me have his contact details

Thanks

from Hopkins et al

directors. What did they do?
clem is very quiet.

Levi announced today in his capacity as CEO of SER, that SER are in negotiations to purchase a 5% stake in an Indonesian oil asset. In addition he is arranging a 6 Billion share buy back. £1 a share? Price not stated.

LOL

....and wait for the North Sea operations results.!!

Broker note "$23m conservative valuation, $55m if
#ADL
increase their stake in Bunga Mas PSC:"

Have not seen any comments disputing this possible valuation in the medium term. ($)

Boom
I am not "an ex holder"

Thanks Frank.

Simon sat on the board when DW "blew" millions of £s on a "jam tomorrow" project. Simon does not make reference to these projects now. Instead he takes part in an interview with a hardened criminal who did his best to bring ADL to its knees and destroy shareholder value. This same criminal is now been hailed as some sot of "hero" by making a positive tweet regarding ADL. The guy is a crook and nothing has changed.

The leader of the western world also tweets daily . There are comparisons between them both.

Simon should be asked straight out in any further interview about why he did NOTHING to stop the rot at ADL.

No point is saying it is now "history"

Once again do not attack the messenger. These are facts.

Simon may be doing a great job now, but It should not be forgotten that he was a director in the DW days. Why did he not speak up then about the way shareholder funds were wasted on "hot air".

No point in attacking the messenger. This is fact!

OptivaSecurities
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Andalas Energy "Interested in our research note OUT TODAY?" #ADL #TALKTOOPTIVA 020 3137 1902
info@optivasecurities.com

#ADL #Andalas Energy CEO Simon Gorringe continues to expand the #OilAndGas portfolio to return value to shareholders - #BungaMas

Positive RNS. Exciting times ahead

Excellent news!

will probably pass on ADL now that the consolidation has taken place and that there is unlikely to be large % changes on a daily basis.
Overall this is a better situation in my view.
Quietly confident bearing in mind what is coming down the tracks!