Member Info for specul8

see page 19

http://northeurope.blob.euroland.com/press-releases-attachments/1133054/HKEX-EPS_20190404_003454506-0.PDF

about time this started to rise a string of good news starting to flow

the Falkland islands had a delegation visiting both Aberdeen and london where the met with the government, if the government were not likely to guarantee this then the Falkland islanders would be at the mercy of the Argentinians
No way would this be allowed to happen, this is a done deal a paperwork exercise

Thank you for your enquiry and interest in the Company.

As you will have seen from our last set of published results, Parkmead is holding discussions with a number of leading companies in relation to the GPA project. The Group is also in commercial discussions with the Scott field partnership in order to explore terms for a tie-back of the GPA hub to the Scott facilities. This is a sizeable step forward for Parkmead and one that could create considerable value. It is important to get the above discussions right and our shareholders will be updated when further material news is available.

A comprehensive update was provided in the interim results on the Netherlands gas portfolio. Plans on these licences include drilling new exploration targets, production enhancement work and development planning on proven fields. Vermilion are the operator of these assets and they therefore have a significant influence on the timing of these plans.

The Group publishes 2P reserves, as the standard measure, on a half-yearly basis. Parkmead’s net 2P reserves are 46.0 MMboe (as at 1 March 2019).

kemerkol was written off and no value is attributed to russia

where do you think this will be on confirmation of the receipt of the cash 16p 18p 0r 21p

Wouldn’t want to sell now there is a possibility of a decision over the weekend
Nice RNS to wake upto on Monday and 45p a share

no wonder yf finance are buying in large chunks

The current market value of VOG is 30 million if we look at the asset value taken from 2017 then this company is either seriously undervalued by a factor of 4
Or make the decision to sell the assets pay off the loan and give the shareholders back 30p per share

From 2017
Current assets
Inventories 17 11
Trade and other receivables 8 22,292 8,838
Cash and cash equivalents 7 8,630 16,261
Deferred tax assets 137 850
31,076 25,960
Total assets 142,004 130,418

where is the top £2 £3 or £4

just on the Athena well, as it has been shut for a few years now, then if it is to be switched on again then you would see a decent flow rate for while as more of the oil will have seeped to the top surface of the well

Brilliant news, just shows that the new team are working hard to make this a profitable company

https://www.parkmeadgroup.com/uploaded/research/Westhouse_Research_02.04.2014.pdf

I expect that id Premier intend to announce the deal on Wednesday then this afternoon and tomorrow we will see a rapid jump in the share price

still on the cards unless foo did an underhand deal

look at the Actis view
https://www.act.is/media/1702/case-study_eneo.pdf

i wonder when the new team will resolve this or find that Foo was behind another deal where he is scamming the money in the background
Victoria Oil & Gas has begun production from its wholly owned Kemerkol oil project in the Atyrau Oblast of Kazakhstan.
First oil production has been achieved at Well 20 following successful re-entry and re-completion operations. At present, the well is producing 202 barrels of oil per day from perforations in the Triassic horizon (between depth intervals of 1,185 meters - 1,194 meters) with no water and only trace gas.

At the time of this announcement, cumulative production was approximately 545 barrels and the well will be closely monitored over the next few weeks to ensure production rate stabilization. Re-entry and re-completion operations on further shut-in wells are also on schedule and at an advanced stage.

Production from these wells will be supplemented during the year with the drilling of new wells and production levels of 1,800 barrels per day by the end of 2006 and 4,400 barrels per day within three years are targeted.

being doing some research on YF Finance Limited / Askar Alshinbayev who have recently topped up to 23.75% ownership of VOG
I think there will either be a JV announced soon and a serious boost to the share price as the company refocuses on making money hopefully no takeover offer until there is a decent value put back into the share price

25 p close tomorrow would confirm the deal is done

good link thanks , I look forward to getting information on a major developing the GPA and also to a farmin partner for some of the PMG licenses

I would like the PMG website updated with all the licenses that they hold and presentation where they show a calendar demonstrating the work program they hope to achieve including the start up dates