Hold 100% in most of their licenses and carried in Jordan. So as we have seen today in the North Sea expect to see farmout deals where ENEG can farmout up to 50% and get carried through development. Expect the same if/when Ireland gets secured on their multi TCF play. Of course also have this option in NF holding high equity..
Did you go to the AGM? Also you can see news flow you can see when news is due for projects. In ENEG's case news due on a number of fronts. Dibs- Agree decent farmout deal in North Sea done and more to come.
holding for 2013 as this is the year that things will happen for ENEG, so much on the agenda. No bothered about day trading and spikes but achieving some real term value- 50P+ target.
Bought some more today. ENEG has some very decent projects coming to fruition and see them as less risky than some co's who are more than double in value. gla