Member Info for oogleflugal

Northern Petroleum Gears Up For Proof-Of-Concept Drilling In Alberta. Now we are rid of the exhorbitant seven hour lunch break brigade, there is much rebuilding of bridges to do. I think we have to give Keith credit for redirection and hopefully salvage the rudderless ship of willful neglect. Oil is oddly a no go area for investors at the moment and NOP hasnt been the only one in the doldrums. Whilst there may be nothing ground braking on the horizon, it should'nt take a huge deal to change its fortunes given its finanancial position. Possibly one of the more realisticly priced stock in the oil sector at the mo. Would like to say its a raving buy but not much point in the current climate

True. Unfortunately someone forgot to tell Musgrove you actually need some oil to call yourself a full cycle oil production company! Hopefully the new management will put this minor detail right sometime this century....

It will come in due course from Canada and Italy.

Happy New Year! Not much to drive the sp in the short term. Weather in North America/Canada not good. Keith was very specific about some of the Italian assets action medium term, which would seem to suggest something might be happening. Its been a decade of sweet fa. Will TLW give an appraisal of our major new oil frontier (sic) anytime soon?Otherwise we have a very expensive underwater golf course in the making. Uk assets comatosed. Dutch asset gone. They'll be nothing to moan about soon.

of sufferables! Agree Mikey. This is pretty specific: "The Southern Adriatic permits have the potential for significant upside value to the Company in the short to medium term. Any work to further our understanding of the geological model or to successfully negotiate the Italian political environment will increase the chance of realising that upside for shareholders. Giove in particular, is a very interesting discovery which will demonstrate its worth through a credible development plan."

so nop. We've been looking forward to something happening for years Keith!

is this the one you were referring to? NOPStance changed10 Sep '13 Ive now moved my stance to strong buy. In the background for the past 4 weeks someone is building a stake in NOP that will soon become clear in the RNS. We are days\weeks away from the re-rate.

Am surprised we're not back in the twenties after Gyan update, after 6 years of nonsense from Musser and co. The market will want nothing but positive evidence now, which means cash flow, either selling something or replacing the income from Holland, and we are a way off that I think.

otherwise I fear we will be languishing in the doldrums in one of old Fossey's 'periods of inactivity' that used to go on for years

You'll be pleased to hear Westhouse have reduced their target from £1.23 to £ 1.20. Much more realistic. That extra three pence was recklessly optimistic!.

about this: Cavendish Asset Management 8,110,711 8.50%. wonder when this occurred!

Keep saying it and it will happen one day. Interesting to see it holding this well against wsx and even TLW has been taking a beating recently

dont even mention it. Wessex appear to have changed their tune as to the value of this license: "With the completion of this well, the partnership will now concentrate on the integration of the data gathered over the last two years in French Guiana. This will help Wessex to establish the value of the licence to the Company and determine the best route forward to realise that value."

The pluses are. The two new directors bought in at this level. I dont think that would have been a gamble on a strike with Gyanne. Is there anything to monitise from Gyanne? I suspect the search will continue with or without norpet, and if it does we could still get something from that. Just extraordinary that the first drill was a big hit. Could be a long old road again

emailed at 6.30a.m. Reply by 8.30a.m. Cautious optimism I would say. Much better communication and appreciative of feedback. We got rid of bt because they're far to busy in a battle with sky to be bothered with annoying customers who live in the outback wanting a useable landline. Now my mobile packed up when Mr Bush rang. I gave my son, who works for the company an earful when he got home, poor lad. He just laughed. Thats telecommunications for you, technology that doesn't quite work yet. Quite a bit happier about ATI. We will see. Actually made another small profit on NOP last week in my ISA, dont fall over! :)Good luck all

Why on earth could'nt Musgrove answer that? Lets hope we enter another phase of activity shortly.

and good luck. 2009 I think

Could you do me a favour seeing as you're in communicado with KB. THey were supposed to be ringing me back. That was a month ago. Have rung 3 or four times now. Nobody at nop seems too keen to talk about ATI. Both mus and foss were on the board at time of takeover for which its boss received about 5% of nop, cashing in a million quid straight away. My questions are why did we have to pay 11 million for a company that appears to be worthless. Why has it not been written down or ever mentioned again since the takeover? I've given up on this. I simply have no faith or trust left for this lot. Looks like the usual histrionics in Canada as we had in Holland. Australia is even more ridiculous than Italy. praying for one more strike in Gyan to offload.

will be as keen as any for a success. Their reputation and possibly independence are riding on this. They were the ones making the biggest noise on the wildcat strike. Its far from the end though. It seems pretty certain that they wont throw in the towel at this stage, but lets hope thats not the situation we will be facing in the coming weeks.

on iii asks he interesting question did Damille get a higher than market price for their shares? Is that possible? I did notice on a few occasions recently the ask went to 47p for some reason. The next drill is the big thing I guess. NOP maybe a dull company, but what surrounds it is quite mysterious.