Re: RNS re Lidsey 13/10/2017 Still here but nothing worthwhile form me to add to any discussion
SP tipping 30p The recent trades tipped 30p. Possibly as a result of DL's tweet over the weekend re discussions with 3 Fund Managers.In and holding.YB
Re: RNS re Lidsey 13/10/2017 Afternoon FL,Just checked and luckily, I'm currently 121% up with DOR. Wish I'd invested a bit more as DOR one of my smaller investments. Was hoping for UKOG and AEX to be further forward so as to top slice and reninvest in DOR and others.The other NEX investment I have is AfriAg. the looks of it there's only two of us on that BB.Ditto for a good weekend.YB
Re: RNS re Lidsey 13/10/2017 Beat me to it YBH. Although production is a few months later than originally planned.Looks like it's just us on this BB! SP up to 30p when I looked so I'm about even now. So with Production starting and other things in the pipeline, hopefully we'll see move upward pressure on the SP.Have a good weekend
RNS re Lidsey 13/10/2017 Doriemus Plc("Doriemus" or the "Company"443 metres Net Oil Pay - Lidsey-X2 Production WellDoriemus plc (Listed in Australia ASXOR and listed in London NEXOR) ( Doriemus or the Company ), is pleased to provide an update on the drilling of its new Lidsey-X2 production well at the Lidsey Oil Field, located at the southern edge of the UKs onshore Weald Basin, south of London .Highlights:Lidsey-X2 production well has reached its planned TD of 1,700m Measured Depth.443m of net oil pay to be produced from the Greater Oolite limestone reservoir.The 5 slotted production liner has been successfully installed.Following de-mobilisation of the BDF-28 drilling rig, the Lidsey-X2 well will be placed into production.Planning permission in place for a third well at the site.Drilling also intersected 66m in the Kimmeridge and 105m in the Oxford, which are now being evaluated.Upgrade of surface facilities at Lidsey to efficiently and safely managage all future production.David Lenigas, Doriemus Plcs Executive Chairman, commented;This is an excellent result for Doriemus and its shareholders. The drilling of the Lidsey-X2 production well has gone like clockwork, and we are pleased to report that the Companys first new oil production revenues are not far away, with the Lidsey-X2 well preparing to bring on line 443m of net oil pay from the Greater Oolite conventional limestone reservoir. We are also encouraged that the Lidsey-X2 well site offers scope for further developments with the potential extention of the Greater Oolite reservoir horizon and the prospects of further oil zones being identified within the Kimmeridge and Oxford layers which are now being analysed post drilling.The operators of the Lidsey Oil Field, Angus Energy Plc, have advised that:Angus Energy is pleased to announce it has successfully completed the drilling of the Lidsey-X2 production well.The Company will produce from a net oil pay section of 443 metres (m from the Great Oolite limestone reservoir. The production reservoir section has a Measured Depth (MD of 1,230-1,673m. True Vertical Depth (TVD of the production section is measured to be 994.9m-1,009.3m.The well reached its Total Depth (TD objective at 1,700m and the slotted oil production liner has been installed. Following de-mobilisation of the BDF-28 drilling rig, the Lidsey-X2 well will be placed into production.The well was drilled on time and on budget as outlined in previous Company guidance.Towards the end of the horizontal section of the Great Oolite reservoir, initial analysis by the Company showed an unexpected change in the lithology of the well. The lithological change indicates a potential extension, continuing to the west of the original reservoir. This entirely new and separate section of the Great Oolite reservoir would be at original conditions as it has never been produced. Further analysis will be undertaken to reach a final determination. The Company will update the market in due course.Drilling to the Great Oolite reservoir, the primary well objective, the Lidsey-X2 well passed through two additional potential production resevoirs, the Kimmeridge and the Oxford Clay source rocks. Both are positioned above the Great Oolite.The Kimmeridge was encountered between 782.3m-862.4m MD (with a true vertical thickness of 66.2m). The layers in the well consisted of a mixed series of shales and limestones typical of the formation in the Weald Basin. Natural fractures appear to be present but further detailed analysis of the image logging will be undertaken to quantify this. Samples have now been sent for geochemical analysis to verify if this section has seen pressures and temperatures in the past needed to generate oil in commercial quantities.The Oxford Clay was found between 920.8m-1179.5m MD (with a true vertical thickness of 105.0m). The Oxford Clay is a potential oil source rock a
RNS - Computershare Investor Services Registrar Doriemus Plc ("Doriemus" or the "Company"Appointment of Share Registrar in the UKDoriemus plc (Listed in Australia ASXOR and listed in London NEXOR) (Doriemus or the Company advises that with effect from today, it has appointed Computershare Investor Services plc (Computershare UK) as its share registrar in the UK. The change in registrar follows the appointment of Computershare Investor Services Pty Limited as the Company's share registrar in Australia as part of the IPO and listing on the Australian Securities Exchange (ASX). The Company believes the appointment of Computershare UK will streamline the process for shareholders who wish to transfer their shareholding from one exchange to another.Full details on how to transfer your NEX Exchange Shareholding to the ASX, and vice versa, is available on the Company's website at www.doriemus.co.uk under the section About the Company.YB
Now trading on ASX...... Maybe another uplift in the SP due to this?Doriemus Plc ( Doriemus or the Company ) ASX Listing, Issue of Equity and Directorate ChangesDoriemus plc (ASXOR and NEXOR), the quoted company focused on UK based oil and gas exploration and production, has today commenced trading on the Australian Securities Exchange ( ASX ). The Company successfully raised approximately A$3.5 million (before expenses) through the issue of 13,461,539 CHESS Depositary Interests ( CDIs ) over ordinary shares in the Company at an issue price of A$0.26 per CDI to successful applicants under the Companys prospectus dated 30 August 2017 . On 26 September 2017 , the Company also issued 1,000,000 CDIs to the nominees of Patersons Securities Limited in Australia who acted as lead manager on this successful transaction. The fundraise gives the Company an indicative market capitalisation of A$13.1 million (~£7.7 million) at the IPO CDI capital raising price of A$0.26 per CDI. David Lenigas, Doriemus Chairman, commented:We are pleased to welcome our new Australian directors Greg Lee and Glenn Whiddon to the board and our new Australian shareholders to Doriemus. Doriemus is now dual listed on the ASX, a world recognised senior stock exchange, and on Londons NEX Exchange. The extra funding provided by this IPO, adds significant cash to the Companys balance sheet and we now look forward to accelerating the growth of the Company through the completion of the drilling programmes at both the fully permitted Lidsey and Brockham oil fields in the new Weald Basin oil play south of London . The completion of the Lidsey-X2 production well over the coming weeks, in which Doriemus owns 30% of this wells production, will hopefully see revenues flowing to the Company in the short term. In addition, we are very excited about the oil flow potential of the Brockham oil field near Gatwick Airport, which is now primed and ready for oil production once the permissions are received from the UK Oil and Gas Authority to complete the well as a producer. Doriemus is the only ASX listed company that has direct production and exploration exposure to the Weald Basin in the UK and we have a long-term strategy in place to grow our exposure to this significant new conventional oil province in the UK.
Results out and SP has gone up [link]
Early close of offer in Australia must be good news..Doriemus Plc ("Doriemus" or the "Company" Early Closing of Offer PeriodFurther to the Companys announcement on 30 August 2017 , Doriemus (NEX: DOR) is pleased to announce that as a result of the strong flow of applications received to date, the Company has decided to bring forward the closing date of the Offer under the Companys Prospectus dated 30 August 2017 to 50pm on Tuesday , 19 September 2017 (Australian Eastern Standard Time). The Company is proposing to allot CDIs to successful Applicants upon receiving confirmation from the Australian Securities Exchange ( ASX ) that the Companys listing application has been approved. The Company will provide an update on the timetable for the despatch of holding statements to successful Applicants under the Offer and the proposed listing date on the ASX in due course.The directors of the Company accept responsibility for the contents of this announcement.Unless otherwise stated, terms and expressions defined the the Prospectus have the same meaning in this announcement.
RNS - Drilling commences Drilling Commences - Lidsey-X2Doriemus (NEX: DOR) is pleased to announce that the operator of the Lidsey Oil Field, Angus Energy Plc, have advised that the drilling of Lidsey-X2 has now commenced. Lidsey Oil Field is located at the southern edge of the Weald Basin, near Bognor Regis on the UKs south coast.The Companys operational guidance remains unchanged. The current works at Lidsey have an expected operating window of approximately six weeks before actual production from the Lidsey-X2 horizontal well. Interest in the Lidsey Oil Field (PL 241)oriemus owns a 20% direct interest in the onshore Lidsey Oil Field (PL 241)(Production Licence) which has the right under the 21 November 2013 Farm-Out Agreement, to own 30% of the next well on the Lidsey Oil Field. This next well is the Lidsey-X2 well. The Lidsey Oil Field is operated bt Angus Energy Plc.
RNS for ASX Listing Doriemus PLC(Doriemus or the CompanyUpdate on proposed cross listing on the Australian Securities Exchange (ASX The Company advises that it has today filed a Prospectus with the Australian Securities and Investments Commission in connection with the Companys proposed cross-listing on the ASX. A copy of the Prospectus is available on the Companys website for potential eligible investors who are resident in Australia . The offer under the Prospectus is expected to open to eligible investors on or about 7 September 2017 .
DOR Announcement re Angus/Lidsey From the Doriemus websiteavid Lenigas, Doriemuss Chairman, commented; This is excellent news for the Company and the development of the Lidsey-X2 production well aligns well with Dorioemuss stated focus of becoming a significant convention onshore oil producer.Interest in the Lidsey Oil Field (PL 241)oriemus owns a 20% direct interest in the onshore Lidsey Oil Field (PL 241) which has the right under the 21 November 2013 Farm-Out Agreement, to own 30% of the next well on the Lidsey Oil Field. This next well is the proposed Lidsey-X2 well.Doriemus quoted on the NEXYB
DOR AGM FRom the website, todays announcement,Notice of an Annual General Meeting of the Shareholders of the Company to be held at110am on 23 August 2017 at the offices of Hill Dickinson LLP, The Broadgate Tower, 8thFloor, 20 Primrose Street, London, EC2A 2EW is set out at the end of this document. A Formof Proxy for use at the Annual General Meeting of Shareholders accompanies this documentand, to be valid, must be completed and returned to Doriemus PLC at Suite 3B, Princes House,38 Jermyn Street, London SW1Y 6DN as soon as possible but in any event to be received notlater than 110am on 21 August 2017 or 48 hours before any adjourned meeting. Completionof a Form of Proxy will not preclude a Shareholder from attending and voting at the AnnualGeneral Meeting of Shareholders in person.YB
Re: DOR Consolidation Also mentioned, As mentioned in the Notice of General Meeting, the Company undertook the consolidation principally to facilitate the cross listing of the Company's shares on the Australian Securities Exchange ("ASX". Currently, DOR investments are in three Weald drilling sites. This move onto the AEX Exchange could possibly be an indication that DL and DS have other investments in sight down under.YB
DOR Consolidation Consolidation seems to be the order of the day these days.DOR to Consolidate, I work it out as 1 new share for every 400 existing. The 14,383,428,279 ordinary shares of 0.001 pence each ("Existing Ordinary Shares" that are in issue have today been approved for consolidation into 35,958,570 ordinary shares of 0.4 pence each ("New Ordinary Shares".YB