Member Info for schlemiel

Chaebol I don't believe the value's even close to being realised. I suspect Jersey will leverage the value they've created at Verbier etal to finance production assets elsewhere - thereby providing income and P2 reserves plus upside from appraisal-explor drilling with Statoil - I love this company - absolute quality

http://empireenergygroup.net/investor-information/annoucements/announcements2018

I am intrigued as to why it's called a 'Non Deal' Roadshow. What does 'Non deal' mean? What's the inference? Are we to see a 'Deal Roadshow'? interesting -

My pleasure

https://www.jerseyoilandgas.com/wp-content/uploads/2018/05/Non-Deal-Roadshow-May-2018-final.pdf

as soon as the buying starts the selling starts in tandem :( ah well, bottom drawer

nm

yes

added another 50k at 19.7250 - Investment name Falcon Oil & Gas Ltd. Com Shs Npv (Di) Deal type Best Purchase Cost �9,862.50 Deal date 11 May 2018 Commission �7.50 Deal time 10:03:13 Quantity 50000 Price (p) 19.7250 Settlement date 15 May 2018

Knowing we have wet gas as opposed to dry gas is enough for me - the more valuable the discovery the higher the price to be paid for our 30% and that's the only thing that matters Mirabeau GLA

The responsibility lies with YOU to ensure that you choose the correct investment for your capital. The market is what the market is. Successful investing depends entirely on HOW YOU respond to the market. Never place blame at the feet of the market. The blame for mistakes rests fairly and squarely on your own shoulders Take responsibility for your actions and learn from your mistakes Blame transference is the preserve of an infantile mind

'This observation suggests the Kyalla has the potential to yield significant condensate and LPG fractions from the produced gas stream' - Condensate is oil isn't it? LPG is liquefied petroleum gas...

'Mudgas and core analysis indicate that the reservoir hydrocarbon phase is likely to be a wet gas .Potential retrograde condensation may yield significant condensate and LPG fractions from the produced gas stream.'... Wet gas can be worth twice the value of dry gas (gas without butane or ethane, pentane etc) - wet gas completely transform's the economics of the discovery though I'm no expert - i do know that wet gas is more valuable than dry gas ethane and butane can be extracted and sold off for other purposes - plastics etc so the contained value of the leases at Beetaloo is far more valuable and we have 30%

Yes, '5 plays'? Bloody 'ell, that sounds pretty exciting stuff interesting to see the job descriptions of the other 4 people other than our fwend David Close - god, I feel like i've known this fella for years! these lot did present at AEGC http://www.publish.csiro.au/ex/pdf/aseg2018abw9_2c - let's hope for some new insights

Meanwhile the chief executive of a North Sea-focused independent, Cluff Natural Resources, has said the area has become an increasingly attractive place in which to invest. Graham Swindells said: �With a sustained recovery in oil and gas prices coupled with a significant reduction in exploration costs, we believe now is a perfect time to be investing in drilling in the North Sea.� His comments highlight the impact of the increase in the crude price since late 2016, following moves by major exporters to support the market. The prices of services such as drilling support fell sharply amid the downturn triggered by the plunge in the crude price between 2014 and 2016. Mr Swindells added: �While there is always more that could be done to support investment in exploration, in the UK we are fortunate to have flexible and effective regulators in the Oil & Gas Authority and a favourable (top quartile globally) fiscal regime which makes the UK North Sea an attractive place in which to invest.� His comments were included in the latest annual results announcement by Cluff Natural Resources. Chaired by oil and gas pioneer Algy Cluff, the company has focused on the North Sea after shelving plans to produce gas from coal that lies beneath the Forth. Read more: North Sea oil and gas pioneer returns to his military roots with new charity Mr Swindells said the company had made good progress in 2017 towards getting exploration prospects in the Southern North Sea ready for drilling. The process of getting other firms to buy into its acreage has taken longer than expected. �The farm in market has, with one or two exceptions, remained subdued throughout 2017 with exploration budgets amongst major operators still limited,� said Mr Swindells.He welcomed signs of renewed interest in the North Sea market. Cluff Natural Resources is in dialogue with a number of parties and hopes to drill one or more wells in 2019. It made a substantial application for additional licences in the UK�s latest (30th) offshore licensing round. Aim-listed Cluff Natural Resources cut losses to �1,590,203 last year, from �1,730.606 in 2016. end

does appear to have found its level, spookily similar to Falcon now awaiting news to incite market interest

The price does appear to have found its level so adding here is a pretty low risk venture - all is 'priced in' except the future value realisation of our 30% - we will wake up one sunny morning and the RNS will say 'Offer' This is one of my pension stocks now -

very buoyant though volumes minimal - the seller has departed

'For primary safety, driver monitoring (start date 2020) is proposed, to mitigate the very significant problems of driver distraction and impairment through alcohol, fatigue' https://cdn.euroncap.com/media/30700/euroncap-roadmap-2025-v4.pdf

Daisy The MM's cannot see the stop-loss but they do have a general level of understanding about where most private investors place their stops - call it guesswork based on experience - of course not every price fall is a tree-shake..a MM would only try to deliberately trigger a stop-loss if they wanted stock to fill a buy order or stock up to cover a short position -