Member Info for Poods

987ihg654fed321c-

That is quite a user name!
Thanks for the update, which is pointing in a positive direction. Poods

jfhealy-

are you referring the post of Dec.10th or another one today, which I do not see? in either case shareholders are held spellbound! cheers, poods

All-
POQ should be most embarrassed by today's poor reaction to "his"good news announcement. He did try to get some credibility by asking one the directors to comment, but that seemingly had little to no effect. I genuinely believe if Origin had made an announcement of the start of the horizontal procedure, the price would be doing better. Obviously, the seller is still around and I still have 200,000 shares to buy during this period of misery. Poods

jhealy-

Since the stock did nothing based on that presentation, why waste time re-showing what probably is nothing new to most? Would really be nice to have an Origin rep there to tell us in person about the progress. In the meantime since share price is back to my cost I have been adding, including another 100000 Friday and today. So, 200000 left to complete what I said I was going to do about a month ago. Here's hoping just like all of us, but not holding my breathe.

Thanks for your note. Sorry I cannot find the article showing ~20 million remaining shares held by Sweatpea, which if true would be nice. I gave up calling POQ years ago as he loves his friendly shareholders, but ones with board experience trying to help him do better. He is not perfect, but not a buffoon either. Some on this board probably think the same of me. As they say, beauty is in the eye of the beholder.

UltraPetroleum-

I am unclear from your recent comment which side of the fence you are with regards POQ? My guess is you are as impressed as I am with his performance. I gather there was some sort of meeting at Proactive today and if so, at least the shares did not plunge. If there was a meeting, It would be unlikely anything new would have been revealed right before the AGM. Believe regulators would frown or worse at that and believe our leader knows better. If someone from Origin had been there and simply repeated what we have heard so far, my bet is the shares would have reacted more positively. I simply think the marketplace has been burned enough times by POQ, that credibility hurts his performance and suspect disappoints him.

Beyond that the seller(s) continue to liquidate. I have asked anyone on the chatboard if they know whether the ~20 million shares I mentioned seeing is what Sweetpea had remaining a couple of months ago, but have heard nothing. Maybe POQ does not know either, as I do not know the confidentiality rules in this case. What is do believe is the geology is still worth speculating on and in fact bought another 50000 shares today. Poods

WW-
Needles accepted as got a cortisone shot the day in anticipation of the AGM! I know I am hard on POQ, but some of it is called in my opinion. Yes, the asset may be a good one, let's hope so after nearing 10 years of waiting, while getting the proverbial hot air sent our way. Just hope we don't have to sit forever. And yes, I have added 200000 shares recently and true to my promise except to add another 300000 shares at lower prices, which I expect will happen if we get another uneventful AGM. Appreciate your good humor!

All-

While I think going to the AGM has generally been a waste of time, as the published written summaries of the important materials have been straightforward and well enough done to convey any material information. Tomorrow's meeting hopefully will have something material to present, but who knows what ur leader will be able to say that is important. If we have an uneventful meeting and announcement of same, expect the share price to bump down another perhaps 20%. POQ and board get some more cheap options and we get more of the what we have seen in the past. If we are fortunate to have an Origin official present and providing some solid information, then I would be wrong that going to the meeting is a waste of time. However, the odds of Origin wasting their time for our benefit is limited. I hope I am wrong but suspect if POQ tells shareholders the future is bright, the reaction will be minimal and not sure in which direction! POQ has the best job of his life and we have nothing yet but grief. Here's hoping

All-

I have been trying to find the published filing for the total FOG shares currently held by Sweetpea, which I ran across within the last couple of weeks. I was searching the web for something and stumbled across and did not save or print it out, never expecting one of our chatters to request it. The number of shares still held was 18.2 million, which I will not forget. If you have the link and can share the link to fellow chatters, it would be appreciated. Of course Ann or POQ can probably give you the link, but they do not return my requests. So, still looking. Poods

Schlemiel-
POQ is loving this price; cheaper options. Wonder why the selling is trying to be out before AGM ? On the road but owe board details on Sweetpea current holders unless someone else them.

I will need to find it, but thought it might have been on SEDER the Canadian? website for FOG filings. Getting ready to leave town, , but will follow up. Also, Ann at FOG can help I suspect, but I will find it. Poods

BorntoBouggie-

Nice to meet you and thank you for one of most informative chats in years. Recently, there was a filing Sweetpea had cut its position to ~ 18 million shares. The 60 million you reference; are these Sweetpea shares or others you are referencing. Finally, if you have a chance to review my thread of comments, which partly agree regarding POQ, but raise a few unanswered questions, would be curious what you might be able to add. Perhaps, we can be in touch at some point to clear up a few loose ends for shareholders.

Oilcountry99-
I agree with most of your comments. The exception relates to the recent selling and here is my reason. I noticed a Sweetpea filing not long ago indicating their position was down to ~18 million shares. Did you see that? If I am correct, the last filing we saw was ~50 million shares? If I am right, 18 million shares is nothing if someone puts the trade together. Have someone contact me if such an event is in the making. I’ll buy the shares POG should buy!

Oilcounty99-

What we are discussing is a tiny trade in the "institutional" marketplace. The problem is either our management most probably has not lifted a finger for selfish reasons, not thought about it or has not told shareholders who have asked, why this trade has not occurred. While not really enough shares to interest a typically-called "institutional buyer", those smaller accounts POQ calls institutional types could buy. This is an outright joke and ..........you fill in the rest.

All-
Again, the share price action is frustrating, except to our staff apparently. Their paychecks get deposited like clockwork. Why POQ has made no apparent effort to have an investment banker put together the remaining selling as one block trade is beyond me, except it benefits POQ's etal option pricing. The $$ amount of shares that probably need to be purchased represent less than $10 million. In the investment business this is a very small trade. Those of you who do speak with POQ, should ask him why he has not spoken with representative(s) of the selling / bankruptcy referee and put together such a seemingly simple trade. There may be a good answer /reason, but hopefully not "that I did not think of that". I suspect the buyers will be standing in line to take a final cleanup trade, including myself. Great question for AGM. Truly pitiful

P.S. feel free to forward to POQ if you like, as suspect my email address is blocked

All and especially "newtofo"-
Your comment this morning supports well my previous message as to the reasons we should think of FOG with a long-term focus, i.e. for my grandkids. If Beetaloo is not a bust and in fact a genuine world class structure, development will be years in the making. The potential good of this extended development is it delineates the structure and its characteristics, such that should an offer is made or the property is put up for sale, shareholder should feel the true value of our interests is being paid for.
If a short-term pop in the stock is what one is waiting for, I have no idea when such might happen. Read what POQ offers, but believe what Origin publishes would be my advice. I know that is difficult for some, but the waters have been muddied up by the unfortunate turn of events. Yes, the share price seems sickening, but the "Ghost of prior management ", are reflected daily in the continuous selling of those shares. Once completed, FOG share price should be better to reflect a price level better than what some feel is a depressed level. To me the price is the price and one can buy or sell accordingly.

WW-
Both appreciate and respect your opinions on FOG. My view is both short-term and long-term. FOG price reaction to positive news flow is abysmal. When I was an analyst living in Houston many years ago, if a company made an announcement like FOG did recently, I do not once seeing a company's share decline. In fact, many times they appreciated substantially. Currently, investors who know our situation, either are not adding to their positions (although I have been) or initiating new ones. There is one reason and it is not the overhang. As to the long run, holding on is my personal preference if we add real energy management and give POQ an honorary post, if he wishes to stay on and the new management agrees.

WW-
Just reading the encouraging news this morning and improved tone of chatters, while noticing the share has not done basically nothing. Had an idea that would probably aid our sick share price. Just suppose, the board of directors elevated POQ to chairman emeritus and brought in someone with exceptional industry talent to manage what seems an interesting asset in the making. Instead thinking about selling FOG sooner rather than later, take the position, if this asset is as good as some think, build a talented small team to build a company with its cash flow. Once the dust settles and while cash flow funds infield drilling, management can focus on the other asset we have basically given up on - SA. South Africa is undergoing, granted slowly, change in its becoming a player on the world stage. Look at the Russian and Chinese investments taking place there. Africa is asset rich and management poor. But it brighted students are being educated. I am involved tangentially in an project there and suggest FOG take the long view and work with others to improve the political situation to benefit its people. Well, talk is cheap, so maybe are FOG shares, but the suggested changed above is for those interested in building long-term value. Just my morning thoughts for my chat friends.

10kj-

Read my note / response to your point.

Poods

WW-
You are correct that "time will tell us what we have or do not have". At this point while we have a bit of a lift in the share price, it is obvious the selling is still abundant. Personally I believe, for all his good intentions, POQ would have better served his shareholders in having made a JOINT announcement with Origin, or better yet at this point, they ALONE. My guess is the share price would be CONSIDERABLY higher if Origin had made the release. It is that lingering trail of POQ pronouncements that continue to weigh on the shares. I know he is trying, but the facts are what they are. Philip, keep your chin up, you are learning some valuable management lessons.