market cap £13m v 2p resverves worth £100m multibagger here, market cap is a joke
NEW ARTICLE: The Oil Man: Savannah Petroleum, Pantheon Resources, Independent Oil "WTI $46.08 +59c, Brent $48.42 +68c, Diff -$2.34 +9c, NG $2.96 -2cThe oil price is up another 25 cents or so this morning so one can confidently expect that it will be an up week to the extent of the best part of three dollars.The market has, for ..."[link]
Re: rns 31 March 2017 Independent Oil and Gas plc Extension of pipeline MOU Independent Oil and Gas plc ("IOG" or the "Company" (AIM: IOG.L), the development and production focused Oil and Gas Company, is now close to signing the Sale and Purchase Agreement ("SPA" for the UK Southern North Sea ("SNS" pipeline which is expected to be used to deliver IOG's gas to shore. The document is in near final form and should be signed by all parties shortly. Accordingly, the Memorandum of Understanding ("MOU" which includes exclusivity provisions has been extended by 2 weeks to 13th April 2017. All parties are working hard to get this document signed as soon as possible and more details will be released then.
rns out and article yesterday "It's not clear how much Tullow Oil will get for the disused pipeline, with some sources suggesting Independent Oil & Gas isn't going to paying much. According to people familiar with the situation, a deal could be announced in the next 48 hours, so keep an eye on the UK's regulatory news service. Independent Oil and Gas declined to comment. Tullow Oil couldn't be reached for comment. - See more at: [link]
nice [link]
board appointments, primed for a T/O buy
gap to 21p now BUY
Re: Chart request update So Bonker, what do you conclude from that?
Chart request update [link]
breaking out now get past 21p then onto 36 BUY
choo choo 21.5 to buy now target price 36p
the train is leaving the station. be on it BUY
time to buy before this explodes BUY
Re: Shares down 20% This is from VCA, also on research tree:"As previously stated we did not attribute any value to either of these prospects and any exploration success here would have represented upside to our valuation. Therefore, overall we view the well as a success as the early indications from the Skipper oil samples indicate the oil viscosity to be better than anticipated in the Competent Persons Report (CPR). As Skipper is a heavy oil development this means that should these results be confirmed by testing the oil will be more mobile in the reservoir and require fewer development wells thereby improving the project economics."
Re: Shares down 20% finnCap update on Research Tree:"Following on from the successful appraisal phase of the well, the exploration phase has now been concluded. The Dornoch and Maureen prospects were found to not be hydrocarbon bearing. As a result operations on the well are now complete... As previously announced, the appraisal phase met its objectives. Oil samples were recovered from the reservoir and initial analysis suggests that the viscosity is better than expected... The exploration phase was never critical as the key objectives related to the appraisal of the field. While additional upside would have been positive, the field is already economic in terms of what was originally discovered.