Ex Dart Energy holders. Help please! Are there any former Dart Energy holders active on this board? I am in conflict with my bank (don't you love them since they were unable to convert my Dart Energy shares into IGAS shares around the 14th of October 2014. It took them an unbelievable FOUR months (mid February) to give me my IGAS shares. They actually had to buy them, to put them in my account!. All this time i could not trade them and saw the price drop 70%. Now my bank says it was all out of their control, bla, bla, bla and they only admit to a small error on their part. They say a conversion time of 8 weeks is quiet normal anyway. Question: If you are an ex- Dart holder, when did you get your IGAS shares?
Shale gas Decisions. [link] is a huge resource under the UK. It deserves the attention and action of central government, and not simply kind words. We need to drill some wells. If not, we need a debate over why not. If the government is scared of scared of redundancy dead tree media journalists, themselves often simply stenographers angling for a secure press officer gig at FoE or similar, then all the money aimed at the UK shale industry can - and will -and should - find other places to go. David Cameron can't get on a plane without a cohort of business people telling the world how Britain is open for business. Either it is - or it isn't. There is no yes but option for energy, and if there is, it makes the rest of the open for business meme look equally tenuous. Do we want to do this or not? That's the question.
advice note [link]
Planning Lancs CC. Cuedrilla;Lcc voted down the second site at Plumpton, following the advise of the Officers.All very clear that the road access was no where near good enough.Tricky one though, the local farmers had better watch what they apply for now.As postulated a month ago the decision by the officers to accept all the basic application at the Preston N.R. site has opened the door for fracking nationally.The QC has advised they will loose any case with costs if they vote it down, dilemma, they are not happy, but Monday could see a fait a complis.
Planning to be faster Just bought back in on that basis. There will still be lots of NIMBY opposition though.
Today on the neighbours block ibug 5 Jun'15 - 08:43 - 3748 of 3783 0 0 WH Ireland 5p target price for UK Oil and Gas Investments after independent assesment WH Ireland Analyst Brendan DSouza said this morning about UK Oil and Gas Investments PLC (LON:UKOG) UKOG has today announced results of Schlumbergers independent assessment of the Horse Hill-1 well (HH-1) located on the Horse Hill PEDL137 licence (20.36% non-operated interest). Schlumberger estimates the total Oil in Place (OIP) for the Jurassic interval at 271.4 mm bbls per sq. mile, of which the Upper Portland Sand reservoir comprises 16.2 mm bbls per sq. mile for the Upper Portland Sand reservoir discovery, with the rest of the 255.2 mm bbls per sq. mile spread across the Kimmeridge, Oxford Clay and Lias intervals. We note that todays assessment from Schlumberger of 255.2 mm bbls per sq mile (i.e. excluding the Upper Portland Sandstone reservoir) is ahead of Nutechs assessment, announced on 9 April, which estimated a total oil in place (OIP) of 158mm bbls per sq. mile. However we caution that these assessments by Schlumberger today, and Nutech prior, refer to estimated OIP volumes based on petrophysical analysis and cannot and should not be interpreted as discovered reserves or resources. Our Target Price and rating was made redundant by Nutechs analysis announced in April and was subsequently moved to Under Review. We have updated our risked Net Asset Valuation (NAV) to factor in Schlumbergers assessment. We estimate 25 mm bbls at discovered 2P level (5.2 mm bbls net to UKOG) across the entire Horse Hill asset. Our updated risked NAV based Target Price for UKOG now stands at 5p/ share and we reinstate our Buy rating. DYOR.
The Neighbours in the weald I dont cover Solo for many good reasons but note that the shares are suspended this morning pending news from Horse Hill. Whatever this news is I havent a clue but there have been enough claims about Sussex being the next Texas to last a lifetime - See more at: [link] is interested, but this is the neighbours.
Re: Chart. Yes - that certainly seems pretty positiveI have held IGAS for some years now, got out at about 110p, showing a loss, but kept an eye on them I'm back in now and in profit, looks like it will GOGOGOGOGOKC
Chart. [link] you bought in this should be good news, well on the way now.
Long term graph and iii recommendation ...convinced me to buy in 2538 shares added to my portfolio.... GLA
future without AA AA deserved to go after what he did and he was also very expensive to employ but he did build the company and he was a mover and shaker. There is no way some accountant type ex FD is going to be anything like him. I think they'll get taken over at some point.Definately worth holding but I wont be investing any more.
Personally I'm dissapointed to see him leave, I certainly wish at times he had conducted his personal finances differently but on balance I think this is a loss to the company for the co-founder to leave. I am however very pleased to see the conservatives back in power, I feel they are probably the best party to exploit this potential cash cow and bring in some much needed tax for the country
Fracking gets easier ? Ready in time for I-gas ?[link]
in at 28.5p on Friday Igas looks like one of a very few o&g exploration companies that has genuine chances of 5-10 bagging from here with almost zero downside.All the other safe oil and gas companies could at least double when brent crude goes back north of $75 a barrel.I have bought into 10 oil and gas exploration companies in the last week....GKP, TLW (up 30%), CNE, SIA,PMO,OPHR,UKOG (down 30%), XEL, FOGL and IGAS(avoiding AFR and GPX and BLVN.)early days but so far my portfolio is break even but expecting to double its value within 6 months.QG
Re: The Neighbours Igas is already attaining 50% of its production of oil from The Weald Basin. It has 520 sq km under licence in the area. C.E.O of UK O&G has stated that their field will take a while to get going, given that drilling to the depth required takes 9 weeks and drilling units are hard to get hold of. Following Shells deal for BG, it is now cheaper for the major companies to buy going concerns than plough resources into new developments, especially with the current oil prices. The prices will only go lower with Iran coming on tap and Russian oil flooding into the market. Igas must be in somebody's sights for a takeover.