Member Info for ryn82

Principals David Parlons, Founder and CEO David has been an active investor in UK listed and quoted companies for over 40 years and has been a director of several companies in the oil and gas sector, including Bryson Oil and Gas (1984-1986). David has founded and then listed several oil and gas companies on the market in London, including Texas Oil and Gas Plc in 1987. In 2000 David listed the company on the OFEX market, raising a further £1m in 2001 and in 2002 raising further funds by listing the company on AIM. As founding Chairman, he resigned late in 2002 and was bid for his stock some months later and all his founder investors made substantial gains, late in 2002. In 2005, he founded as Executive Chairman Louisiana Oil and Gas Plc and listed the stock on the Plus Market in 2007. Unfortunately the company was hit very badly by hurricane Katrina some months later and sustained substantial losses due to the immense damage caused by the hurricane, so the board of directors decided to close the company down. In 2010, David founded Kentucky Oil and Gas Plc, which owns leases on 420 acres of property in Kentucky (P1 and F2). David is also a director of Kentucky Oil and Gas Inc, a wholly owned subsidiary of Kentucky Oil and Gas Plc. Ray Johnson, Director Ray has been involved in the oil business since the 1960's. He was President of Kentucky Tri-Marque Gas Corp (1982-1987) leasing 8,600 acres in North Barren Co, Kentucky. Overseeing day to day operations for site prep, drilling, completion of building 20 mile pipeline, purchasing and leasing equipment for production. 1987 to present: Leasing, drilling and operating oil and gas wells in Kentucky, Texas and Illinois. Involved in every facet of oil and gas production. Ray owns own five oil wells two counties west of the leases held by KOG. His wells were drilled in 1985 and 1952 and continue to produce. Ray is very familiar with the formations at P1and F2 ,as some are similar to his wells. Ray will be present when the drilling begins to check samples to insure no pay zones are omitted, and will be at these wells from start to completion. _________________________________________________________________ R C Rodgers, M Kleinman and T Wall Current owners of the P1 Lease and the F2 Lease. All are veterans of the oil business and agreed to sell for stock as they are optimistic as to the potential value of the leases. R C Rodgers owns further acreage in Kentucky and Tennessee which he has agreed to option to KOG. He has been in the oil business for more than thirty-five years and has his own oil drilling business, which includes drilling, well completions and lease procurement. With his experience, he has created a history of developing leases in Kentucky and Tennessee, and a few small projects in Virginia. He has been responsible for more than 300 wells drilled in the state of Kentucky and numerous wells in Tennessee, either as partner or sole owner. R C Rodgers has b

Geological report and CPR An additional geologist report has been produced by C G Haley Registered Professional Geologist (KY 188) (dated 17th May 2013). C G Haley is also very familiar with the area around P1 and in the 1980s was involved in the production of oil at leases adjacent to P1. As there is no continuous production data for either P1 or F2, estimates of reserves both proven (for adjacent leases) and probable for P1 and estimates of reserves both proven and probable for F2, a volumetric method has been used to obtain estimates for reserves. The CPR concludes: "Geologic, engineering/completion data as well as reported production data used for estimates as a means of evaluation of reserves on the P1 lease and the F2 lease strongly suggest that the Devonian Clear Creek Limestone of the Corniferous should be able to be developed with good to excellent production. Such production can be developed from the P1 lease under 1,000 feet in depth and from the F2 lease from under 1,300 feet in depth. With a relatively high commodity price, shallow drilling depths, and ease of access and ability to space wells 10 acres apart without any deleterious effects, the potential for good returns appears to be high. This is true not only for the new drill wells but also for many old wells that can be worked over to provide additional volumetric contribution to the reserves in the prospect areas. The F2 lease in particular has additional proven production from the Warsaw-Salem typically at around 600 to 700 feet depth. Furthermore, the F2 lease area shows promise for even shallower pay zones in the Ste. Genevieve and St. Louis limestones, from about 150 to 650 feet depth respectively. Such multiple horizons provide excellent potential for pay out in this investment. Reserve estimates look highly favourable especially for those Mississippi aged rock units such as Salem-Warsaw that are oolitic in nature, a prime reservoir target that can be developed most efficiently." The estimated cost of extraction, including the cost of power and transportation is estimated at $10 per barrel. Based on the spot market value of crude in the Illinois Basin of $80.75 (April 2013) and on the assumption that there are no issues which impact on a successful extraction, the combined present value for primary recovery for P1 and F2 is estimated by KOG to be $136,629,770 ($24,765,025 P1 Corniferous; $111,864,745 F2 Corniferous and Salem-Warsaw).

No investment in INSP. Note:- 1) SPR change of investment policy to include Oil & Gas 2) SPR board links with DL and his crew 3) SPR already have a deal in place for KOG Plc 4) Large shareholder increasing holdings to 6% 5) Cash of around £574k prior to investment in KOG Plc 6) Cash after investment in KOG Plc approx £400k 7) Market cap is £1m 8) Only 33m shares in issue 9) Given SPR board links to DL and his crew (look at the INSP financial person, and look at links to SPR for example), and the change in investment policy, and the cash, are SPR going to do a deal with DL and co, not necessarily what is already listed, but other oppurtunities. Worth noting EVO went from approx 0.2 to 0.8 with DL's introduction. Worth checking out KOG Plc website. The P1 Lease P1(G1 Area) covers an area of approximately 50 hectares (120 acres) and is situated adjacent to an area with proven production where drilling had taken place in the 1980s and had hit wells producing a total of 415BPD. However in the 1980s the market price of oil was only $8 per barrel versus production costs of $12 per barrel; as a result the drilling companies were losing $1,640 per day which proved to be unsustainable and the wells were abandoned. KOG has obtained a competent persons report ("CRP") which estimates reserves of 1,372,573 barrels for P1. The CRP was produced by Michael T May, PhD Registered Professional Geologist (KY 2342), and Professor of Geology in the Department of Geography and Geology at Western Kentucky University (CPR dated April 2013). Today, at a conservative price of $80 per barrel, that 415 BPD production would yield approx. $33,200 per day or $1.3 million per month. The correlation between past known production and future potential production could be significant as the wells producing 415BPD drilled on the adjacent site were within 200 feet to 1,000 feet of P1. If P1 came in at half the 1980s production i.e. 207 BPD, this would yield approx. $16,560 per day or $496,800 monthly for an annual cash flow of $5,961,600. Modern treatment methods should also enhance production. The P1 lease is held by KOG in perpetuity as long as it is being drilled/producing oil or gas. It is KOG's intention that drilling on the first two wells will commence within 7 days of KOG having raised investment funds of at least £250,000. Drilling would be rolled out to the remaining eight wells as further investment is received. F2 Lease It is KOG's intention to develop F2 immediately after the development of P1. F2 (north-western portion of Bowling Green), which covers an area of 120 hectares (approximately 300 acres) and extends through both the Corniferous and Salem-Warsaw formations, a proven source of oil production. The CPR estimates reserves for F2 Corniferous at 626,722 barrels & F2 Salem-Warsaw at 745, 851barrels, a total of 1,372,573 barrels for F2. The F2 lease is held by KOG in perpetuity as lo

Peel Hunt have bought up almost 12% of the company, they are no mugs, check out GUSC. BIt of an overhang possible due to CAS announces that in accordance with a settlement agreement dated 21 November 2013 which it entered into with Kevin Jackson, a former director of the Company, relating to the termination of his employment with the Company ("Settlement Agreement"), it has agreed to issue 1,466,666 ordinary shares of 0.5 pence each in the capital if the Company ("Ordinary Shares") at a price of 3 pence per Ordinary Share, the aggregate value of such shares being £44,000 ("Settlement Shares"). In addition, and in accordance with the Settlement Agreement, Kevin Jackson will also be granted a warrant to subscribe for a further 1,466,666 Ordinary Shares at an exercise price of 3 pence per Ordinary Shares and exercisable until 23 September 2017. so once out - and check out the round number sales I reckon he may almost be out in time for the agm and investments announcement next week = fireworks hopefully!

Capped at £1m £174k cash at June 2014 Raised £400k at 3p (current sp) Invested £150k in http://www.kogplc.com/#&panel1-1 [ for 4% of The estimated cost of extraction, including the cost of power and transportation is estimated at $10 per barrel. Based on the spot market value of crude in the Illinois Basin of $80.75 (April 2013) and on the assumption that there are no issues which impact on a successful extraction, the combined present value for primary recovery for P1 and F2 is estimated by KOG to be $136,629,770 ($24,765,025 P1 Corniferous; $111,864,745 F2 Corniferous and Salem-Warsaw). The P1 Lease P1(G1 Area) covers an area of approximately 50 hectares (120 acres) and is situated adjacent to an area with proven production where drilling had taken place in the 1980s and had hit wells producing a total of 415BPD. However in the 1980s the market price of oil was only $8 per barrel versus production costs of $12 per barrel; as a result the drilling companies were losing $1,640 per day which proved to be unsustainable and the wells were abandoned. KOG has obtained a competent persons report ("CRP") which estimates reserves of 1,372,573 barrels for P1. The CRP was produced by Michael T May, PhD Registered Professional Geologist (KY 2342), and Professor of Geology in the Department of Geography and Geology at Western Kentucky University (CPR dated April 2013). Today, at a conservative price of $80 per barrel, that 415 BPD production would yield approx. $33,200 per day or $1.3 million per month so thats $15.6m revenue per year, $624,000 to SPR revenue, $546,000 profit to SPR (£333,000) interestingly, KOG produce 300 BOPD already, the £150k from SPR is for a second well. If they can get 700 BOPD from the two wells thats almost £700k profit to SPR per annum. Then they have around £400k in cash aswell. only 33m shares "A further announcement will be made in relation to the Company's proposed investment in KOG, setting out the full details required under Schedule 4 of the AIM Rules for Companies, following completion of the proposed investment." That was 23 Sept reminiscient of DOR going from 0.05p to 0.25p? They also are to dispose of the current business >>>> how much for (if anything)? NOte also The Knox Formation The Knox Formation is much deeper than both the Corniferous and Salem-Warsaw formations, starting at approx. 4,000 plus feet, and has the potential for massive production and has generated proven reserves further east but has never been tested in this area. KOG is considering acquiring drilling rights in relation to the Knox Formation in the future. The principals of KOG plc are veterans and R C Rodgers has been joint owner, part owner and sole owner of projects including, the Olinger well which was the number one Murfreesboro well in the state of Kentucky for two years, the Block lease had high-rank

Capped at £1m £174k cash at June 2014 Raised £400k at 3p (current sp) Invested £150k in http://www.kogplc.com/#&panel1-1 [ for 4% of The estimated cost of extraction, including the cost of power and transportation is estimated at $10 per barrel. Based on the spot market value of crude in the Illinois Basin of $80.75 (April 2013) and on the assumption that there are no issues which impact on a successful extraction, the combined present value for primary recovery for P1 and F2 is estimated by KOG to be $136,629,770 ($24,765,025 P1 Corniferous; $111,864,745 F2 Corniferous and Salem-Warsaw). The P1 Lease P1(G1 Area) covers an area of approximately 50 hectares (120 acres) and is situated adjacent to an area with proven production where drilling had taken place in the 1980s and had hit wells producing a total of 415BPD. However in the 1980s the market price of oil was only $8 per barrel versus production costs of $12 per barrel; as a result the drilling companies were losing $1,640 per day which proved to be unsustainable and the wells were abandoned. KOG has obtained a competent persons report ("CRP") which estimates reserves of 1,372,573 barrels for P1. The CRP was produced by Michael T May, PhD Registered Professional Geologist (KY 2342), and Professor of Geology in the Department of Geography and Geology at Western Kentucky University (CPR dated April 2013). Today, at a conservative price of $80 per barrel, that 415 BPD production would yield approx. $33,200 per day or $1.3 million per month so thats $15.6m revenue per year, $624,000 to SPR revenue, $546,000 profit to SPR (£333,000) interestingly, KOG produce 300 BOPD already, the £150k from SPR is for a second well. If they can get 700 BOPD from the two wells thats almost £700k profit to SPR per annum. Then they have around £400k in cash aswell. only 33m shares "A further announcement will be made in relation to the Company's proposed investment in KOG, setting out the full details required under Schedule 4 of the AIM Rules for Companies, following completion of the proposed investment." That was 23 Sept reminiscient of DOR going from 0.05p to 0.25p? They also are to dispose of the current business >>>> how much for (if anything)? NOte also The Knox Formation The Knox Formation is much deeper than both the Corniferous and Salem-Warsaw formations, starting at approx. 4,000 plus feet, and has the potential for massive production and has generated proven reserves further east but has never been tested in this area. KOG is considering acquiring drilling rights in relation to the Knox Formation in the future. The principals of KOG plc are veterans and R C Rodgers has been joint owner, part owner and sole owner of projects including, the Olinger well which was the number one Murfreesboro well in the state of Kentucky for two years, the Block lease had high-rank

The Company has entered into a non-binding heads of agreement to subscribe for 3,333,333 new ordinary shares in the capital of Kentucky Oil and Gas plc ("KOG"), at a price of 4.5p per share, which will amount to approximately 4% of the enlarged share capital of KOG. Under the non-binding heads of agreement there is a binding exclusivity clause to the effect that neither KOG nor its directors, management or advisers will before 4 weeks of 22 September 2014

A few buys today atlast! Tie up with KOG to be confirmed soon

Is they have $2.7m cash, plus assets, looking for RTO oppurtunities to use the money and capped at £900k. Seems a bit undervalued IMO

Its actually $2.7m, not £2.7m, my mistake. And then you have the assets on top.

Moving. £2.7m cash seeking RTO, capped under £1m.

Capped at £1m £174k cash at June 2014 Raised £400k at 3p (current sp) Invested £150k in http://www.kogplc.com/#&panel1-1 [ for 4% of The estimated cost of extraction, including the cost of power and transportation is estimated at $10 per barrel. Based on the spot market value of crude in the Illinois Basin of $80.75 (April 2013) and on the assumption that there are no issues which impact on a successful extraction, the combined present value for primary recovery for P1 and F2 is estimated by KOG to be $136,629,770 ($24,765,025 P1 Corniferous; $111,864,745 F2 Corniferous and Salem-Warsaw). The P1 Lease P1(G1 Area) covers an area of approximately 50 hectares (120 acres) and is situated adjacent to an area with proven production where drilling had taken place in the 1980s and had hit wells producing a total of 415BPD. However in the 1980s the market price of oil was only $8 per barrel versus production costs of $12 per barrel; as a result the drilling companies were losing $1,640 per day which proved to be unsustainable and the wells were abandoned. KOG has obtained a competent persons report ("CRP") which estimates reserves of 1,372,573 barrels for P1. The CRP was produced by Michael T May, PhD Registered Professional Geologist (KY 2342), and Professor of Geology in the Department of Geography and Geology at Western Kentucky University (CPR dated April 2013). Today, at a conservative price of $80 per barrel, that 415 BPD production would yield approx. $33,200 per day or $1.3 million per month so thats $15.6m revenue per year, $624,000 to SPR revenue, $546,000 profit to SPR (£333,000) interestingly, KOG produce 300 BOPD already, the £150k from SPR is for a second well. If they can get 700 BOPD from the two wells thats almost £700k profit to SPR per annum. Then they have around £400k in cash aswell. only 33m shares "A further announcement will be made in relation to the Company's proposed investment in KOG, setting out the full details required under Schedule 4 of the AIM Rules for Companies, following completion of the proposed investment." That was 23 Sept reminiscient of DOR going from 0.05p to 0.25p? They also are to dispose of the current business >>>> how much for (if anything)? NOte also The Knox Formation The Knox Formation is much deeper than both the Corniferous and Salem-Warsaw formations, starting at approx. 4,000 plus feet, and has the potential for massive production and has generated proven reserves further east but has never been tested in this area. KOG is considering acquiring drilling rights in relation to the Knox Formation in the future. The principals of KOG plc are veterans and R C Rodgers has been joint owner, part owner and sole owner of projects including, the Olinger well which was the number one Murfreesboro well in the state of Kentucky for two years, the Block lease had high-rank

Fingers crossed. I have very high hopes with this it may just be a multibagger. The historic data suggests they have a fantastic acreage.

"HUN has a palm oil farm on the same island as the rare earth deposit PAR proposes to get involved with. There are much easier ways to makes money, with honest boards" HUN became investing company Dec 13, they are only invested in the pampamali project

hTTp://www.commoditiescontrol.com/commodity-market/dowjonescommoditiesnews/hunter-resources-plc-proposed-acquisition-3-20140609DN000341.html The Vendors subsequently developed an adit on the Victoria Vein for small scale production focussing on ore with a high base metals content. Mine production with gold content was either not mined or was treated as waste. A total of 16,166 t of ore was produced in two stages, from June 2002 to May 2003, then from September 2010 to April 2011 showing combined head grades of 2.76 g/t gold, 297 g/t silver, 3.19 per cent. lead and 7.02 per cent. zinc. The treatment comprised flotation for separate lead and zinc concentrates with the gold that was not lost to the tailings reporting mostly to the lead concentrate. No gravity recovery methods were employed The mineralisation is also similar to several other deposits including the Arcata gold and silver deposit, which has been mined since 1964, and the Board believes that that deposit has remaining reserves of approximately 55 million ounces of gold and 340,000 ounces of silver.

As announced on 27 August 2014, Hunter has, since Re-admission, reviewed and analysed historical exploration work on the Pampamali Project carried out by Buenaventura, Peru's largest listed mining company. The Buenaventura Data comprises extensive and detailed mapping and sampling information from mineralised veins within the project concessions which include grades up to 70 g/t Au, 2377 g/t Ag, 44.9% Pb, and 28.9% Zn.

and they are to drill again soon. Sorting permits, reviewing data, new drill targets Current Exploration Programme The Phase 1 Exploration programme has commenced and is focused on both (1) following up historical results and known vein targets, and (2) identifying new targets and concepts in previously unworked portions of the property. The Buenaventura Data has identified and highlighted numerous mineralised veins and is being used to fast track planning of Gold Hunter's 2014 sampling and drilling campaigns. The Group's exploration team is now planning more detailed mapping from surface and underground combined with satellite and airphoto interpretation. This work will allow drill targets to be defined during the 2014 calendar year. The Group is concurrently preparing the statutory agreements and proposals to obtain drilling approvals to commence drilling as soon as possible during the current financial year. A large number of additional mineralised veins have also been identified from the mapping of the property by Gold Hunter that were not sampled by Buenaventura. These areas will be further mapped and sampled during the upcoming field program. Financial Review The Group's loss for the six month period ended 30 June 2014, excluding one off expenditure of £51,000 (2013: £nil) related to the Re-admission, was £109,000 (2013: £ 138,000). Outlook We are very encouraged by the excellent results from the initial review of the Buenaventura Data on Pampamali. It enables us to fast track our exploration programme as well as our understanding of the controls and known mineralisation, all of which will assist in identifying our first stage drilling targets. We are planning to commence drilling before year end.

Progress As announced on 27 August 2014, Hunter has, since Re-admission, reviewed and analysed historical exploration work on the Pampamali Project carried out by Buenaventura, Peru's largest listed mining company. The Buenaventura Data comprises extensive and detailed mapping and sampling information from mineralised veins within the project concessions which include grades up to 70 g/t Au, 2377 g/t Ag, 44.9% Pb, and 28.9% Zn. The analyses were obtained from rock chip and channel samples from both surface and underground locations. This data has been incorporated into the Group's database and has further confirmed the significant potential of the Pampamali Project. The data supports the presence of extensive gold, silver, lead and zinc mineralisation within the veins identified by Gold Hunter's initial reconaissance sampling. As immediate targets, sections of between 90m and 350m strike length in several veins (Victoria, Luz, Gaviota and Santa Domingo) have been prioritised for follow up in the next phase of exploration; another 515m long section in the Melita vein will be targeted as soon as access becomes available. Other veins are also mineralised and will be the subject of future exploration. Summary details on the veins which are initially being targeted were: Victoria vein 500 m mineralised vein exposed of which a 250m section averages 4.42 g/t Au, 100 g/t Ag, 8.8% Pb and 28.9% Zn. Luz vein 470 m mineralised vein exposed of which a 200m section averages 8.84 g/t Au, 97 g/t Ag, 0.39% Pb and 4.16% Zn. Gaviota vein 1,250 m mineralised vein exposed of which a 90m section averages 7.93 g/t Au, 138 g/t Ag, 0.57% Pb and 0.41% Zn. Santa Domingo vein 2,000 m mineralised vein exposed of which a 350m section averages 0.56 g/t Au, 38 g/t Ag, 30.8% Pb and 10.1% Zn. Melita vein 515 m mineralised vein exposed of which a 70m section averages 2.63 g/t Au, 166 g/t

you been adding? Im upto 900k now. GL

Nice holding, waiting for a few others to pop up before I add more here. This is off the radar ahead of newsflow imo.