Member Info for MTSparky

...difficult to predict at this point. We need to know how much oil we are looking at in the Philippines. Tower have 500m barrels target in a drill currently drilling and a market cap reached £150m. WSX could multi-bag many times over, more details needed though.

We need to know what the CPR says about it. How much oil are we talking about? Has it been drilled and tested? How sure are we that it will get to production?

Nm

... NT trying online.

Its all getting very interesting now that's for sure. The sp could multi-bag from here...;o))))

you were spot on, well done, good call !

Hague and London Oil BV just bought in. Contact Andrew Cochran.

exciting times though rightback ...;o))) imagine if WSX do get a producing asset and actually achieve earnings !?!?!?

at least they have a large holding in WSX, so a vested interest in raising SP. The current BoD's just want to keep their highly paid jobs. We need that Cochran confirmation RNS soon, it could all just be a bluff.

Don't think Cochran will buy shares, sounds like the current BoD's will issue a shed load of new shares and give them to him.

but all we have is some vague press speculation. The BoD's could actually deny everything after the vote and say they never endorsed the rumours and they were untrue. Its all a bit un-professional IMO and doesn't work in their favor. The BoD's need to provide concrete details of what is proposed IMO.

but why would you vote for a current BoD's who have done nothing to increase the value of WSX based on some vague media generated hype. They need to offer concrete news, signed & sealed. At this stage Milroy looks the better bet IMO. He has a vested interest in adding value to WSX.

has to be one soon to confirm the Andrew Cochran link and detail the possible new production asset. Shareholders won't fall for a bogus jam tomorrow offer from the current BoD's....all IMO....;o)))))

Maybe this Milroy story is all part of a plan to invigorate interest in the company and boost the SP. Cochran sounds like the real deal though and he may bring others from Coastal with him..;o)))

should be news this week. Andrew Cochran and Philippine link needs confirming soon.

...thought there would be more today. Hopefully some solid confirmation news this week shall see the flocks arrive and pump us up above 1p and beyond.....;o)))

Andrew Cochran who founded salamander energy and went to coastal energy looks set to hand Wessex some Philippene assets which are near production and then take a seat at Wessex. He may bring other Coastal directors with him. Coastal was sold for £1.2 billion!! I will be topping up next week ....;0)

The General Meeting will be held at the offices of Ashfords LLP, Tower Wharf, Cheese Lane, Bristol BS2 0JJ on Thursday 15 May 2014 at 2.00 p.m ..not long now..;o)))

The notice convening the General Meeting must be sent to shareholders no later than 21 days following the receipt of the Requisition and the General Meeting held not more than 28 days from issue of the notice.

I have just had a quick look at Egdon Resources. Oil and gas revenues during the period of £1.41 million (H1 2013: £1.64 million) Profit for the period of £0.83 million (H1 2013: £0.23 million loss) including gains on disposals/farm-outs and impairment in relation to PEDL240 relinquishment. Cash at bank £1.17 million as at 31 January 2014 (H1 2013: £2.12 million) Net current assets as at 31 January 2014 of £2.04 million (H1 2013: £1.88 million) .......this company has a market cap of £32m !! they have £1.17m in cash?!?!? If WSX can get the UK licences sorts this should multi-bag if you compare to Egdon ?!?!