finnCap published a note, too: "2015 has seen significant progress across the portfolio and balance sheet in what has been a difficult operating environment due to low oil prices. The company is working towards the drilling of Skipper and has key contracts with service companies in place to this end..."
Just got this from Research Tree... "Independent Oil & Gas (IOG)# has released its FY 2015 results with a total profit for the year of £5.3m (vs a loss of £12.1m in 2014) and a cash position of at the end of the period of £23k. This was better than our expectations due to a full reversal of the 2014 £6.2m impairment provisions against the Skipper field. Following the acquisition of the remaining 50% of the Skipper licence IOG now owns 100% of the licence and increased IOG’s independently verified 2C resources by 13.1mmbbl to 26.2mmbbl...."
absolutely flying now and going up every day.Great to be funded and to have so few shares in circ.. Loving it.
RNS Skipper Acquisition Completed Last bit of good news as and when expected[link]
Reminder of Potential Upside Hey Guys, just a reminder for vets and maybe new info for newbies of the potential upside here. No guarantees of course but it's Ruth's rep on the line. If she's right (I gave up arguing with women years ago, I just say 'yes dear') it has long legs and we're only up to the shinsIndependent Oil & Gas PLC 728.5% Potential Upside Indicated by finnCapPosted by: Ruth Bannister 10th December 2015. A target price of 57p Independent Oil & Gas PLC using EPIC/TICKER code LON:IOG had its stock rating noted as Reiterates with the recommendation being set at CORPORATE today by analysts at finnCap. Independent Oil & Gas PLC are listed in the Oil & Gas sector within AIM. finnCap have set a target price of 57 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 728.5% from the opening price of 6.88 GBX. The 1 year high for the stock price is 23.79 GBX while the year low share price is currently 4 GBX. There are currently 77,721,726 shares in issue with the average daily volume traded being 414,074. Market capitalisation for LON:IOG is £5,595,964 GBP.
Re: Anyone There? Very odd why this is so quietGreat day and lots more to come
Re: Anyone There? Thanx prostand - nice tool. I can see LSE & iii on there but not the ADVFN threads. I have all 3 boards open plus my trading platform and live prices but just found it a bit strange that the other 2 are active and iii is deathly silent.
From Malcy's Blog Today Independent Oil & GasThere has been so much news around from Independent Oil & Gas lately that sneaking on out on a Friday afternoon hardly comes as a surprise. Whether it is just me, but the announcement that they would be operator of Skipper was obviously good news but a strange precursor to the Alpha deal which whilst clearly going to happen hasnt yet happened Anyway, this is all further good news for IOG and the management can go home for Christmas knowing that few would have worked harder in recent months and to deserved success. Whilst no well can be considered a success until its been drilled (many a good prospect ruined by being drilled) Skipper has every chance and may indeed please on the upside.
Re: Anyone There? I'm here too, every now and then. Been holding a long time, still sitting on a substantial loss, but feeling a bit happier with recent news and rises.
Re: Anyone There? I've got your back mate! Very happy with today's rise. Long may it continue.
Re: Anyone There? Hi UncaseHave a look at [link] streams all the posts from LSE and iii for all companies, better than just looking at one bb
Anyone There? Hey guys, I just want to know if anyone is there on this board or if I'm discussing with myself?If I am that scares me a bit so please let me know if anyone is reading this. The other 2 boards are very active and I'll just stay there[link]
Rig Contract Agreed Another great RNS as we expected. So the final piece of the jigsaw to enable Jan/Febspud is in place and if it wasn't for poo & Paris reaction sp would have been back up towards the June/ July highs when we were expecting the placing to fund this drill IMO but it is what Saudi & Paris make it.
Good article from Shares magazine [link]
Funding Secured & Drill is a Go RNS today - Skipper well funding now secured.Anticipated spud date late January or early February 2016.[link]