This Donkeys D****angling!!!! Sorry to see that the "life-support" has still not been turned-off on this a** of a company.If you all try and sell together i guess the price will will slump to something like 0.01pence?Wasn't there an old reggae song called "Liquidator"? Well looks like Video could well be right as this share has "rasta-nasta" written all over it.Strong sell it remains...that's the only way to make Minted less minted, if you will pardon the pun.Time to put it out in a "field" somewhere with Gracie and WC, can't even marginalise it now...after another Fyne mess Stanley Minted has delivered!!!!Best of luck, but even that's run dry one suspects now?MD (Marginal Donkey)
FYNE ished !!!!! As per below. that's Antrim fully abandoned ship On Fyne, Doubt anything will come of this field for a very long time in my opinion, I am sure it will be (Any) licence considerations relinquished by Antrim, though some on here will scrape a positive out of a negative and assume that Enegi will now pick it up for peanuts and hold the licence in full at some point,,,,,lolololol,,,,, Good that Enegi tells it's shareholders that Fyne is dead and buried though,,, Ahhhh yeah,,,, let the bad news flow off other Co news feed,,, save the postage on an RNS lol,,, but Joint broker is good for some reason...P2GAntrim Energy Inc. Announces Completion of Well Abandonment CampaignCALGARY, ALBERTA--(Marketwired - Sept. 21, 2015) -NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.Antrim Energy Inc. ("Antrim" or "the Company" (TSX VENTURE:AEN)(AIM:AEY), an international oil and gas explorationcompany, today announces that it has successfully completed its four well abandonment program in the United KingdomCentral North Sea.Under the abandonment program, Antrim permanently abandoned three suspended wells on the Fyne Licence (P077, Block21/28a) and one suspended well on the Erne Licence (P1875, Block 21/29d). The final net cost of the abandonment programto Antrim is anticipated to be in line with previous estimates.
Shard [link] piece about Teathers fundraising capability, could be relevant for those still here.
Re: Jordan A liquidator,,,, geeeezzzzz if they had only got one of those in at Port au port years ago !!!!! would be quids in now regardless of the OP.laugh or cry,,, phaaaa it's only money,,,, saying that,, you could have got half the Co's shares for what 5-6 million shares cast a year or so ago...
Re: Jordan Good evening kmack, I presume that outburst was aimed at Mr MintyThere is jack s*** going on in Jordan and you know it. Your cash was poured into the Wadi and now sits in Seoul.Half a bluddy penny, and heading south. Next RNS will be the appointment of a liquidator IMO.
Re: Jordan Okay I tried the non liberal way that we should respond to one and other but big brother stopped me from saying how I feel which I think is a crime in its self.So here goes in another form.My answer to you is.There is in this world certain levels of Sh$tWhich one are you akin to.Are you full of Sh$tTalking Sh$tOr just a plain old fashioned Sh$t
Jordan huge co-incidence I was staying at a hotel in the Manchester area last night and struck up a conversation with a Jordanian businessman who was bringing his sons to a university in the area. We talked about IS and refugees and the UN/EU and the rest. He said he ran an oil service company based in Amman.I asked him about the Wadi Araba licence concession where Enegi claims to have a carried interest with some mysterious Korean chap to explore it. He said that nothing at all was going on at the Wadi Araba concession area. When pressed on why, he said "political reasons"
WoW nice spread,,, 0.55 - 0.8p Sure know how to make it look not tempting when they "display" a stupid spread like that 35% lol
Re: Marginal Field article I totally agree Vid. This is just not how it works in the North Sea. Minty is never going to be able to sell a consortium idea to any of the players - as you say, cat herding comes instantly to mind. Does he really think that a Maersk / Shell / A. N. Other is going to just stump up a fortune to a rag-tag of loosely connected independent companies, with no track record and then just leave them to get on with building them some allegedly 'fit for purpose' solution to whatever ails them? Don't think so. For me, Enegi is now just being bled dry to keep them all in salaries and benefits until the day dawns when there is no money left - and the Phoenix will doubtless rise again wearing some sort of ABTOG hat. We'll certainly never see our money back.
Re: Marginal Field article That puff piece from Minty is totally illogical. If the definition of a size constrained marginal field increases as the price of oil drops, then the ABTOG solution of a multiple use facility becomes increasingly unfeasible. Several small fields might be produced by reusing a production facility, but not several larger ones, and this is not Mintys brainchild anyway remember BP SWOPS, Golar Nor, Uisge Gorm etc.A larger field while being marginal on oil price will still require a dedicated facility rather than a reusable one. Field life increases with field size and production facilities rot over time. Premiers Solan at 40 mmbo is marginal at $50 oil but it has a dedicated fixed platform to cater for field life.The operator decisions in the North Sea in this price environment are the monsters not the tiddlers for obvious reasons of benefit of scale Statoils Mariner and Maersks Culzean for example.Even Xcite with 250 mmbo plus in Bentley cannot pull together a consortium to develop it after 5 years of trying. Managing a consortium is like herding cats and is no way to develop an oil field, especially if you have no money.Anyway, if the Marginal Field Development Consortium is such a great idea, why take on the hard stuff in the North Sea when Enegi has a moribund onshore oil field in Newfoundland that all this talent could surely solve?The mans a dreamer in my opinion. He spends shareholder cash on things he cannot possibly achieve, and never delivers, and then spends even more shareholder cash on media promotion of his smirking ego and how clever he is despite everyone else going in the opposite direction.2 pound to two farthings is the track record. There is no defending that.
Re: Marginal Field article W2R, just keep toppin up yer SIPP as it will likely feel like a lifetime away before real value adding action is forthcoming.... and then add that to the reality this lot has not given any indication of what remaining stake is likely to be left for Enegi shareholders... could be 25% 50% or nothing more than a measly 5%, not that it would affect the leader since he has by far the lions share of total ABTOG/Enegi combined shares, so 5% will be more than enough to sipp it away on some beach in late retirement.... 2018 is my guess to see anything close to possible physical activity.Not being negative, just realistic and in my opinion.....
Marginal Field article Heard something similar on Radio 4 yesterday after the Mearsk announcement.[link] an update
I know nowt. Back from my hols & missed the carnage of the last week in France.I know Minty has a potentially winning hand in Ireland, & that the comments about applying reveal his knowledge of the possible advantages of being an early stage stake holder.It is being pushed now in the U.K. but still early days, lets see if they catch the wind in Ireland, if they do....then we have a winner ?Even I-gas has yet to benefit from an amazing holding & j/v's in the U.K., so it;'s a story to watch develop..
Re: Antrim 2nd Quarter report I am a little confused by that. I thought antrim previously said they had relinquished it?As such reapplication only could be on the cards. Which could of course be a useful thing.
Antrim 2nd Quarter report If anyone is interested"The Company is in discussion with the Oil and Gas Authority (OGA), formerly DECC, with respect to relinquishment and possible reapplication for the licence. The carrying value of the Fyne Licence at June 30, 2015 is $nil (December 31, 2014 - $nil)."