Member Info for Womo

http://oilandgas-investments.com/2013/investing/buyouts-oil-gas-investors/

There are several reasons that I can think of as to why a large O&GC may be interested in Edge. Firstly Repsol are looking to get a foothold into the North America oil boom , secondly Edge have a very low cost to production ratio that is the envy of many large multi nationals (Expertise). thirdly the market cap of Edge is very low in relation to its proven reserves, fourthly they have a high impact low cost development programme with an upside in valuation. Also the wells are conventional (no fracking) in other words easy pickings at low cost.

I believe these locations have been specially chosen for maximum effect to increase proven reserves. Another dramatic increase will see this in orbit.

Hear not here.

Not sure what this is but 1% springs to mind will check tomorrow. If this is the case and 250k trades are buys then we could here very soon.

No probs mate. Gl

Good Luck. But this is no way a punt - the oil is in the ground and waiting. 3 Day drilling per well with less than a year payback per well.

Don't forget that the sp was 22p in 2013 with the Proved reserves at much less than current levels. It was the level of debt which brought sp down to earth. Liabilities are now under control and revenue at v good level.

The words are from Brad Nichol who has stated that sp should be around this price with what is in the ground Proved Reserves. But you are correct a BUYOUT would not generate a 43p price tag per share. 25p sounds good though.

Have a read through recent RNS news on above RNS link. Company is producing oil and generating around C$1m per month. 4 of 100 drilling locations already drilled and producing. Six have been identified as high target and we are awaiting drilling programme. However, news has come to light that Repsol and a number of other OIL companies maybe interested in BUYOUT of Edge. We are under the radar at moment but interest is gathering. Have a read and you will see the potential here.

Fall In WTI Does Not Warrant An Equally Proportional Decline In The Canadian Oil Patch http://seekingalpha.com/article/2629445-fall-in-wti-does-not-warrant-an-equally-proportional-decline-in-the-canadian-oil-patch

Fall In WTI Does Not Warrant An Equally Proportional Decline In The Canadian Oil Patch

Many holders locked in here at 18-22p from 2013 so don't expect any large sells until around this price.

You will be rewarded in near future. SP up 5% on TMX again at mo.

Agreed. I have said this on previous transaction of 250k trades. SP has not been at 6.5 at all today. we can only wait and see if there is a holdings RNS in near future. What is the % where interest would have to be declared?

http://shares.telegraph.co.uk/news/article.php?id=4920411&epic=

the Boo* word just yet.

Slowly catch the monkey.

you are right again.

they defo want your shares