Member Info for oogleflugal

More insight into the current situation and future plans. Waiting on one signature for the Italian southern adriatic permit, where we have two proven systems apparently. Considering the hundreds of offshore wells we encountered in the north, I cant see what all the fuss has been about. Still valuing Gyan at 75p, so another strike would be very useful. Canada likely to produce 1st quarter 2015 so I guess we can add another 6 months to that at least. No more about the mysterious Markwell. So all the usual jam tomorrow or maybe even next month!lol

was. Offloading 100,000 shares. Hope there ar'nt too many of those in the pipeline! £1.5 does seem a generation away now. Gyan could do it in one hit, but not very likely.

seismics, new licenses, farm outs, asset sales are all very well, but what we actually need is oil. This is an oil company isnt it?

The money for dutch assets or a replacement photo of them on the website. Think the for sale sign has been up long enough chaps. Perhaps a picture of a kangaroo would be the best bet as that asset is likely to be around well into the next century

apparently not. We are now more or less without income. With the fith drill result due in a few weeks, I certainly would not be shorting this. The chances of a successful well are far better than the previous three wells as it is nearer to the the confirmed petroleum system. The delay in Canada is just typical of NOP's track record, but they could get this generating income fairly quickly I believe. So much has been going against NOP for too long. Restoration of confidence is definitely needed it would seem and I suspect it will be gushing forth eventually.

with what we know now am tempted to have a punt! Straight jacket anyone?

with Looserfriths esrtimate of 40 million for holland, which was already half the value before downgrades, the market wants to see evidence of return on investment in Nop's bold new frontier. Gyan is the only thing capable of boosting the short term sp, and if its not what we were hoping for is there much value in monitising our small stake rather than risking another 10 million for the next round of drilling? Wsx probably wont have the cash. Maybe we could buy the out for nothing and stump up the 20 million, since we've risked quite enough doing fa for ten years. I suspect they will go for another long tedious route of mapping out the whole of the med, or the bits they havnt done, having had two lapsed farm outs there and the totaly incompetent Italians "i'd rather go for broke with Gyan.

OMG they're intending to spend it on other projects. Is the buyer of 100,000 shares this morning the same as the seller of same at midday, netting a two thousand loss in two hours? Smart move. Must be an investment trust!

I like the deal. Have done something simalar myself. Sweeten the deal to get a free carry. Dont know what the tax implications are , but I suspect that will be a saving of sorts and leaves the sp just shy of cash value. So uk, italy, Gyan all valued at zero. Excellent!

Agree. New chairman looks a sound choice. Experienced and qualified in the right areas. Shame the market greets the appointment with a blip. Am feeling a little more hopeful after the last presentation, still nothing concrete, but better claricication of why Nop might be a goer in due course. A lot hinges on Gyan and a good result will determine how quickly we move forward. so fingers crossed

fraccing can help aliviate pressure in faults. The greens will be fuming!

You are joking. When was the last time a broker or tipster came close to a target. No cant think of one. I can think of plenty who up their targets days or hours before the sp crashes. Funny that, cant think why

The presentation is download format to the right of the screen on NOP web page. Well worth a read through. In fact its the best thing I've read on nop in years. Not great, but not bad. If we ever make money on this I'm inviting myself over for a drink!!!

lets hope that's the vasectomy option gone!

Not least that Gyan is apparently worth something at this stage completely contrary to what the wsx board have said. 'Discussing value of Markwell Woods" another bolt from the blue. All we were told was it could have £350,000,000 worth of oil, then plugged and abandonned after 3 years of torture! Lots of other stuff. Thank god Musgrove gone. There just might be a business after all!!!!! but lets not get carried away

8p will be a snip if they pull it off and vasectomy if they dont!

Just seen a little note on iii about a shareholder lunching in the city with fine wines etc curtousey of the ex-board via us shareholders no doubt. Explains quite a lot! Perhaps Westhouse were guests too! Well that little era better be over

too disheartened. Keith Bush, Chief Executive Officer of Northern, commented: "During the first half of this year a programme of change was initiated with respect to asset focus and board composition. This programme has continued during the second half of 2013 and we hope that upon completion of the key objectives, value in the Group's assets will be more clearly demonstrated to the market and the business will be better positioned for the future." Yes we do Keith old buddy. Been hearing that one for several years!

Could'nt agree more. One of the very few shining lights on AIM and boy does AIM need one!

after last board meeting. But Musgroves integreity over the longer term is well questionable