hannahxyz
26 Apr 2019
Statement re possible offer for Ophir by PT Medco email from Geoff Callow " The deal is expected to conclude before the end of June and within a few days of completion you should receive payment."
hannahxyz
12 Apr 2019
Statement re possible offer for Ophir by PT Medco chummer From the announcement on 25th March “Completion of the Offer remains subject to the satisfaction or waiver of the other Conditions set out in the Scheme Document, including (but not limited to) the receipt of clearances from the relevant authorities in Tanzania, Ophir not losing all or substantially all of its Bualuang interests in Thailand (and no adverse regulatory action being taken in respect of such interests) as well as the Court sanctioning the Scheme at the Court hearing. It is expected that the Scheme will become effective in the first half of 2019†Apparently we get paid within 14 days of the effective date, so assuming it doesn’t all turn to dust we may get our 57.5p sometime in the next 3 months or so. However, at the moment I’m still holding here, does anyone see advantages in sticking with it, apart from the small additional premium and no dealing charges. I’m inclined to sell and move on and right this off as yet another very disappointing visit to the casino. Any thoughts?
chummer
11 Apr 2019
Statement re possible offer for Ophir by PT Medco What happens next and when with ophr?
BarleyBaron
31 Mar 2019
Statement re possible offer for Ophir by PT Medco CH. Up in mountain hut and using the last of my battery and data for this. Forgot to mention EML… Emmerson to put on your watch list. Potash. Good read. Later. I’ll be coming down the mountain dum dum dum. B.
Ripley94
22 Mar 2019
Soco International. OPHR… XXXX Noticed share price had gone above offer in last month , just seen Coro made an offer of 40p plus some share’s , Which lead to increased cash bid of 57.25p . is this it ?
CharlieHarper
22 Mar 2019
Statement re possible offer for Ophir by PT Medco Let’s have a stab at the reasons why we’re being shafted for 55p… “The Company notes that Ophir Energy’s Production Sharing Agreement with the government of Equatorial Guinea has not been extended. Golar remains engaged with the relevant authorities in the event that the production license is awarded to an operator interested in pursuing FLNG as a development solution.†[link] Tanzania Ophir opened the Mafia Deep Basin, offshore Tanzania and has to date discovered 15 Tcf of gross contingent resource. Ophir Energy Plc Tanzania - Ophir Energy Plc Ophir opened the Mafia Deep Basin, offshore Tanzania and has to date discovered 15 Tcf of gross contingent resource. The Citizen – 7 Mar 19 Government prepares new terms for talks on LNG project The government of Tanzania is now preparing new terms after changing modality of negotiations for the planned liquefied natural gas (LNG) plant in Lindi. Block 5 & 7 GOM are very similar and it would be no surprise to see the OIP rise over a a billion barrels recoverable [link] “* Block 10 is located in the Cordilleras Mexicanas basin and covers some 772 square miles (1,999 sq km). It contains an estimated 100 million barrels of crude oil equivalent in prospective resources.†“* Block 12 is located in the Cordilleras Mexicanas basin and covers some 1,197 square miles (3,099 sq km). It contains an estimated 215 million barrels of crude oil equivalent in prospective resources.†U.K. – 1 Feb 18 Mexico's deep water oil sale: Winners and bidders Royal Dutch Shell won five of the first eight oil and gas blocks in Mexico'... "Ophir Energy has announced that, together with its joint venture partners, it has been awarded Block 10 and Block 12 as part of the Mexico offshore bid round 2.4. Both of these licences are located in the Ridges basin, which features a proven hydrocarbon system and material prospectivity. The licence awards are subject to final approval from the Mexican authorities. The Block 10 partnership is comprised of Repsol (operator), Petronas and Ophir (20% interest). The block covers an area of 2,000 km2 in water depths between 500m and 2,000m. The Block 12 partnership is comprised of Petronas (operator), PTTEP and Ophir (20% interest). The block covers an area of 3,000 km2 and is in water depths between 1,500m and 2,000m." [link] best of luck
CharlieHarper
21 Mar 2019
Statement re possible offer for Ophir by PT Medco Hi chumm. that’s a posibility, but after watching a few takeovers the sp always has the life squeezed out of it to fit the buyer’s asking price and the problem’s they’re having just now reflect the poor sale price of 55p. If it was me and i knew there was to be no sale i’d have a raft of good news to follow up the event affecting the sp positively…E/G owe us $700m…Tanz Gov. statement update on gas + spin $$ worth…Mexico block 5 OIP + spin…output going forward+ spin…drill bit going forward plan esp. GOM blocks 10 & 12. All gamblerds read the form and most want to believe… best of luck
chummer
20 Mar 2019
Statement re possible offer for Ophir by PT Medco But the fear is that if the sale fails then I would have thought the price should fall back
CharlieHarper
20 Mar 2019
Statement re possible offer for Ophir by PT Medco Logic no greed yes…it would appear it’s not all agreed and finished for 55p after all. The 25%+ needed posse have exactly that in shares of the company and a sale won’t be reached without their consent, whatever that is. best of luck
chummer
20 Mar 2019
Statement re possible offer for Ophir by PT Medco Any logic as to why ophr is now 56 and pushing upwards? Maybe new higher offer in pipeline?
BarleyBaron
19 Mar 2019
Will we see block 5 spud? Cant compete with that C, far to many swear words in mine. Just on a lighter note, I’m reckoning 65% acceptance on the vote. If we survive it will be an interesting period. Do the board get replaced, do we get a higher offer. Something really stinks about the whole thing. Still hopeful that the offer will get rejected. Must dash, starting work very early tomorrow. B. Still trying to come up with a witty poem for you to mark.
CharlieHarper
14 Mar 2019
Will we see block 5 spud? Mornin B. Talos and Premier were targetting volumes pretty much in line with our well estimates, so we could have anything here. Until the data is collected we’re shrooms. It may not matter by then if we’re sold, but, it will just go to show the game was up for Ophir from a long way out, when the big hitters bailed from here a few years ago, knowing the pi’s were being greased up for oblivion. If you’re not in the know, you know, you know… As I went home on Monday night as drunk as drunk could be I saw just worthless Ophir shares where my old shares should be Well, I called me wife and I said to her: Will you kindly tell to me Who owns those shares outside the door where my old shares should be? Ah, you’re drunk, you’re drunk you silly old fool, still you can not see That’s a lovely investment that Nick Cooper sold to me Well, it’s many a day I’ve travelled a hundred miles or more But Nick Cooper and a return sure I never saw before… best of luck B
CharlieHarper
13 Mar 2019
Will we see block 5 spud? Morning BB. Mountain rescue superb B much needed up here. I’m told folk go up these wee hills in shorts and t-shirts… Success with the drillbit but the board still pushing on with the sale…it’s the black stuff too and we have interest in other block’s here GOM 10 and 12. I’ll also be voting no but it’ll be a long time til i get my concrete wellies aff regardless. Edison – 12 Mar 19 Hydrocarbon discovery for Murphy at Cholula-1 offshore Mexico • Edison % US independent Murphy Oil has encountered oil and gas in its Cholula-1 well in the Salina del Istmo Basin offshore Mexico, though further drilling will be required to confirm commerciality. Murphy was targeting gross mean resources of 220mmboe in the... What’s that coming over the hill…your new song BB best of luck
BarleyBaron
12 Mar 2019
Will we see block 5 spud? Evening Charlie. Been meaning to get back to you for ages but went on a mountain training course in my spare time. Would love to help out in mountain rescue but you have to be fit and available. I’m getting there. Just read on the LSE bb courtesy of NewKOTB. “Murphy Oil has made a discovery with its depwater Cholula-1 wildcat drill off Mexico and encountered hydrocarbons.†I have not done anymore reading on that yet as I have just got home but just wetting your appetite. I also see the sp dropped sub 55p. Still reckon we are going to be sold off for 55? Also see we have until the 25th March to get our votes in. I’m posting my 0.0001908744% holding in the NO envelope. Right I have to go, my beloved dog wants a tummy rub and a ‘play with me’ look on his face. Been waiting a while to do that. Baron. Happier than he was a while back.
CharlieHarper
10 Mar 2019
Eleven Bob Looks like Goldman Sachs and friends are trying to manouvere a sale by picking up the shares needed to force any outcome in their favour, who would work for those dirty dogs… “Dr Nick Cooper was appointed as an Executive Director and Chief Executive Officer in June 2011. Prior to joining Ophir, Nick was Chief Financial Officer and co-founder of Salamander Energy plc. He began his career as a geophysicist with BG and Amoco before joining Booz-Allen & Hamilton. From 1999-2005 he was a member of the oil and gas team at Goldman Sachs.†Nick’s been a pivotal part of the orchestrated long demise here…he’s still in the building chiselling away at our dues… [link] [link] best of luck
