Member Info for oogleflugal

just to boost the sp. The legendry quote from Foss. We dont know if they have the order of the boot from a major investor or retirement. Was Eaton resigning or pushed? A lot of uncertainty. Minimal information on serious price sensitive issues. The time to release an rns is to when you can say x is retiring and being replaced by y and the reasons for that decision. This is just another typical ramble, Musgrove style, lacking clarity or detailed information. A total disgrace from someone drawing such a huge salary for so long for such deplorable management.

If I hadnt worked out how incompetent this lot are I'd have to say it was a deliberate strategy to sabotage the sp. No reasons given for changes or departures just drastic changes with no explanations to yet unsettle market sentiment further. Just so typical of their utter contempt for shareholders. Mugrove should resign with immediate effect. Would there be any effect, would anyone notice him gone other than the monotonous presentations.

on. Quite an impressive list ofJoint Venture Partners. Quite what we're partners in remanins a mystery. Presumable many are just lunching partners Dana Petroleum dana-petroleum.com Dyas dyas.nl EBN ebn.nl EDP Onshore Egdon Resources egdon-resources.com Essent Energy Gas Storage BV essent.nl Leni Gas & Oil lenigasandoil.com Magellan Petroleum magellanpetroleum.com Nederlandse Aardolie Maatschappij BV nam.nl Orca Exploration orcaexploration.com Petro-Canada petro-canada.co.uk Providence Resources providenceresources.com Shell France shell.fr Shell Italia E&P S.p.A shell.it Star Energy starenergy.co.uk Total total.co.uk

Over twice the current sp. So what's stopping it. 1) the market does'nt agree. 2) It isnt. 3) no money left to purchase shares especially in AIM. The only thing that will push it higher is a big discovery, and like most exploration companies that is unquantifiable until it happens. Remains speculative, but gr8 management team GL

“I would like to thank Maurice for his excellent work for Northern and I am sure that his skills and abilities will bring him success in his new activities.” So he was director of operations from 2007. Not exactly a track record that would impress a new employer I would have thought! Let me see, what noteable successes happened during this time. Nope. Cant think of a single one.

mr cubbit, the competent person pays himself these days

there in lies the problem. When they were over £1 many moons ago, all the brokers were saying £3.00 target. Never close to achieving. Now they are 30p, the target is £1.17. Another extraordinarily accurate prediction. Makes you almost think somebody worked something out rather than plucking figures out of thin air! Sorry to be cynical. One the house gets finished we will see the sp move accordingly ,not on the basis of hot air

have downed target to 117p. Its a bit like saying this house will be worth 5 million, if anyone ever finishes it!

Welcome to the club. That's the idea with NOP. Utter confusion. You never really know exactly what's what. Just like the BOD! They haven't ever mentioned whether the shale is part of the sale in netherlands, but then they probably had forgotten about it anyway. Musgrove did say he couldn't recommend buying the share on these 'prospects', especially since he told me shale was a complete red herring. Now apparently its the bees knees, except nobody wants it in their back yard in case they fall into a great black hole, hence the move to the outback! Gyan is the only thing propping this up at the moment, and I guess they are still pretty confident about getting something out of it, otherwise they would'nt be committing all this money around the globe would they? Zurely not. no please really?

delivery is what it takes. We've had 6 years of talk. Two down grades and three dry drills. Apart from Gyanne, BA. Musser says the market doesn't understand. Unfortunately it understands all too well. This time the talk has to be backed up with results. There is a reasonable chance that they will be. Once you pee the market it off, as they have on several occasions, only results count.

Great to have two new Macawbian recruits to lift the gloom of us entrenched battle wary wretches run out of hope, energy and anything sensible to say about a company that takes patience to the limit and several galaxies beyond. One thing I guarantee there is nothing remotely explosive about NOP

the city is one big leaky ship. The fsa dont have enough fingers to plug the majority of holes!

A rumour that the figure being discussed is circa £45,000,000! Then the cash + gyan+ italy is probably where westhouse get their figure Mikey. Been there all before unfortunately. The market never lies, the price is what you see. So until some of these predictions become reality we are stuck

Not much else to do. We can either view it that they just intend to prolong the gravy train for their own ends and get out, or wait for a good result from Gyan and get out. Trapped is how most shareholders probably feel. Nothing mentioned about uk asset sale again, well Markwell was such a success withe blue peter badge. The idea of them getting excited about more paper work in the Adriatic shows the true meaning of 'full cycle'. Going round in circles!

a wind up by tlw, or more likely Shell and Tlw are busy elsewhere with plenty of other drills going on, also not requiring an rns, whereas Nop just sit on their backsides waiting in the vague hope that this will save their and our arses

generously pricing in for another dry martini

I think the other thing almost certainly depressing the sp is the possibility of return of cash to shareholders, which of course would make this a very good time to buy, but for all the disillusion over the previous 8 years. Cash back and a new board is whats needed. Of course they dont release rns to boost the share price. Well they certainly havn't failed in that department

from iii, crumbs of real optimism: according to Dutch newspaper NRC - the Dutch Laborparty is shifting it's position to accept drilling for shale gas/oil. This may increase the value of the licences. A report by the Dutch government regarding the safety of shale gas/oil is expected in the 3th quarter of 2013. They say you make your own luck. Not been so good thus far, but maybe there are a few forlorn seeds still there!

Total were furious about Wsx refusal and now Mus has upset Tlw. Perhaps they will make a renewed offer to be shot of these irritating junior partners! Its pretty likely oil is down there, how expensive it will be to locate and extract is another matter. I must say I don't see why tlw are that upset if they are confident of having another strike. Down side I suppose this will look like a double dry well if there is no oil, so we could get a double movement. Ridiculous market reaction because they have already discovered oil. Should have stuck with tlw as operator and news feeder all the way through

well done Mikey. Thats a first. Is this a sign of things to change! Not much left to loose now