dog this dog is dead.
More Bad News Looks like they are going to give up the NBM licence at the end of the yesr, I believe it is their only oil producing asset.Now solely an Exploration play.One for the gamblers who like a 10 to 1 bet
Oil Production Not Economic The significant drop in oil prices since the summer of 2014 have rendered the Burdine field production uneconomic. The high water cut and solids produced from the Burdine well bore have caused our associated direct production costs to rise to over US$100 per bbl for this well. The well, which was producing 100 bbls per day, was shut-in during January 2015.
Losses Increasing In the year ended 31 December 2014, the net result for the year was a loss before taxation of £3,347,000, which compares to a loss of £2,998,000 for the preceding financial year.
Mayflower27 Hey Mayflower, you seem to have some insight into this dotty company. What's going on today, do you think? Also, I'm seeing two "News" notifications against BOIL on my watchlist, but nothing behind them. Any ideas?Cheers, and thanks.
Re: BOIL new deal [link] Boil also in talks re; Woodburn Forest which has massive potential
Re: BOIL Yes good news and still the main news to come onshore Peru!
Nancy 1 Production Back On Line!! Great news!!! Hope for the best going forward - oil is up in price............Best to all longs.............
Re: 100%+ COMING! the license to start onshore was due in March but it is Peru so expect it sometime soon after the usual delay has been taken into account and easter out of the way also in s america of course!
Re: 100%+ COMING! RNS beat us to it!!
100%+ COMING! NEWS ON ITS WAY??
What!!?? Up 71%Is it April 1st again?
What is happening here? Any news due or is it the issues in the last RNS clearing?
Prayer for Boil Longs I have said a prayer for all BOIL long investors - can only hope things improve. I only assume Rudy had very unfortunate and unexpected medical issues. He was doing a great job! Hopefully the plans he initiated will continue!
What happened to the Chief? Sadly he passed away after rescuing this company.No explanation as to how he died. Mystery. No one likes mystery.The poorly producing asset Nancy licence runs out this year.This company has been pumped and dumped so many times.Very low trading volumes. Complete lack of interest on this BB.What next?Will this company survive?