alltold9
15 Jun 2015
1p to be tested! Back to the good old days.
MANCHESTER2009
10 Jun 2015
Thursday resume trading ...blue day
short arms short pockets
08 Jun 2015
Re: Predictions... 90% peak on day one, then multi bag over time as an investment. As Tori Amos used to say.... It's gonna be big... Northcote Energy Ltd. reported Friday that it has added to its portfolio of high impact interests through entering into a Participation Agreement and equity investment in CEB Resources plc (CEB) for oil and gas opportunities in Indonesia, the AIM listed investment vehicle focused on resource opportunities. This provides a third area of interest for Northcote, alongside its existing opportunities in the reopening Mexican energy sector and its onshore US asset base.HIGHLIGHTSAgreement with CEB whereby Northcote will be entitled, at its option, to participate in up to 12.5 percent of CEB's participation in any concessions or other oil and gas transactions that it secures in Indonesia for a period of 5 years (the Participation Right)CEB has today signed an agreement with Corsair Petroleum (Singapore) Pte Ltd (Corsair) whereby Corsair has agreed to assign a participating interest in a vehicle to CEB which intends to consider and, if applicable, apply for two oil and gas concessions in IndonesiaIn addition, Northcote has subscribed for 50,000,000 ordinary shares of CEB at a placing price of $0.0061 (GBP 0.004) per share representing an investment of $305,120 (GBP200,000)Northcote earned the Participation Right in connection with introductions and assistance provided to CEB and its new management team in connection with this transactionAddition to Northcote's expanding international portfolio, alongside the existing interests onshore USA and MexicoNorthcote Managing Director Randall Connally said, "We are excited to have secured the right for Northcote to participate with a world class team of oil and gas professionals in Indonesia. CEB, together with Corsair, is looking at oil and gas production and low cost development assets in one of the premier oil and gas regions in South East Asia and this Participation Right could offer further significant upside and diversification to our portfolio on favorable terms to Northcote. We have also varied our exposure through our equity investment in CEB. This decision was made in consideration of the region's potential and the calibre of CEB's management team, and we look forward to building value through both our investment and participation to create substantial value for our shareholders."PARTICIPATION AGREEMENTThe Participation Right has been granted to the Company in return for introductions and assistance provided to CEB and its new management team in connection with its agreement with Corsair. Northcote and CEB have agreed that Northcote shall be entitled to participate in any of CEB's investments, at its sole discretion, in Indonesia for a term of five years from the date of the Agreement. Northcote's participation is up to 12.5 percent of CEB's participation and NCT must pay its proportional share of all costs and documented prior acquisition costs. EQUITY INVESTMENTCEB, in conjunction with the transaction, has raised $2.29 million (GBP 1.5 million) at $0.0061 (GBP 0.004) in which Northcote has subscribed for 50,000,000 ordinary shares of CEB at a placing price of $0.0061 (GBP 0.004) per share representing an investment of $305.120 (GBP 200,000) resulting in a 6.6 percent shareholding on completion of the placing, which is expected on or around June 11.CORSAIR AND CEBCEB has today announced an agreement with Corsair whereby Corsair has agreed to assign to CEB an interest in a contract it has with PT Wangsa Energi Prakarsa (Wangsa) to consider and if applicable, apply for two oil and gas concessions in Indonesia. Pursuant to the agreement, Corsair has agreed to assign to CEB, interests in Bid Group Agreements in respect of two assets in Indonesia. The initial two projects which CEB may bid for are highly prospective and with production on one, CEB believes they have the potential to provide an excellent platform f
MANCHESTER2009
08 Jun 2015
Predictions... ...for the open on Thursday.(Please note: Alltold you will come in with an unrealistic figure of 400%) so no need to reply Id be interested in all genuine holders responses to the potential open price and reasons why.ThanksD
Mark Wallace
06 Jun 2015
Re: How long? Hos do you know? Has this been published somewhere?
alltold9
06 Jun 2015
Re: AMAZING RNS!! Make that Thursday!!!
alltold9
06 Jun 2015
Re: AMAZING RNS!! Truly fantastic, 200%+ Wednesday?
goodflyingduck
05 Jun 2015
Re: How long? Going to be lifted on 11th June. GFD
MANCHESTER2009
01 Jun 2015
How long? could a suspension last?
alltold9
27 May 2015
Re: AMAZING RNS!! NOT LONG NOW!!
alltold9
11 May 2015
AMAZING RNS!! 1p+ Placing?
etadelete
07 May 2015
ceb sold,gla
etadelete
06 May 2015
had just sold£ 1200 worth of shares ,which shows as buys??.gla
etadelete
10 Apr 2015
Re: something up...gla
etadelete
07 Apr 2015
at 10 if it comes. gla
