Liquidation Just received from TD Direct.CORPORATE ACTION NOTICEImportant information about your stock 24 July 2017A corporate action is taking place in relation to XCITE ENERGY LTD (stock code B2942B1), which you currently hold in your portfolio (a/c xxxxxxx).What is happening?LiquidationEffective date: 21st July 2017Please be informed that the liquidators of Xcite Energy Ltd have announced the following "On the basis that the joint liquidators have sold all of Xcite Energy's asstes and there are no issues outstanding in the liquidaton, the joint liquidators consider the liquidation should be completed and Xcite Energy Ltd be dissolved".Your account will be updated upon receipt of the proceeds but in some circumstances there may be delays in the proceeds being credited to us. Please allow 10 working days for your account to be updated.
Re: Makes sense I think you'll find that Hurricane Energy are going ahead fill blast ...... fpso all ready to go
Update? I'm not part of any exclusive 'in the know' club, but I did lose an awful lot of cash with these people and would be grateful if anybody could give an update re possible action against the directors, or anybody else for that matterRegards
Re: OGA and FOI I have a number of emails if you can provide an email address I am happy to share them with you if it helps
Fraud Just be looking up legal definitions of fraud, part of which states: 'A false representation of a matter of factwhether by words or by conduct, by false or misleading allegations, or by concealment of what should have been disclosedthat deceives and is intended to deceive another so that the individual will act upon it to her or his legal injury.'The concealment part is interesting.
OGA and FOI Can someone point me to or re-post an attempt by a BB member to gain info from OGA under Freedom of Information? I want to remind myself of the language used on both sides (don't say 'English').Thanks
Re: More company news Provisional search suggests Sweeting is an off the shelf independent director, Cayman based naturally just to make sure transparency continues to remain a dark pool
More company news For those still interested, the new articles of association of Whalsay Energy Ltd have now been published by companies house. Some interesting amendments to the usual Table A blurb.Also a few more names for your delectation. Tim Sweeting is a director of Whalsay Energy Holdings Ltd, and Brendan Galloway has been appointed as an observer to the board of directors.and bless their little cotton socks:"Staff Incentive Plan" means the employee plan to be established by Whalsay and approved by the holder(s) for the time being of more than 75% of the total number of ordinary shares in the capital of Whalsay, pursuant to which options for up to 12% of the entire issued share capital of Whalsay may be awarded to Employees in a manner to be determined by the board of directors of Whalsay taking into account appropriate tax advice.
Re: Stitched up by fairclough? He is not a director. Sweetjudy, don't give up the day job.
Re: Stitched up by fairclough? SweetjudyWhalsay Energy Limited is just the new name of Xcite Energy Resources Limited/ plc as was. Whalsay is the UK operating company of Bentley which was sold to a Newco in the Cayman Islands by the liquidators of XEL.Fairclough might be a director of Whalsay but he owns none of it. The bondholders who brought the liquidation action own Whalsay through the Cayman Newco. That's my interpretation anyway.
Re: New North Sea firm Whalsay to develo... Spot the mole... Mr fairclough who's role within xcite was to lead them to liquidation
Stitched up by fairclough? Would love to see his involvement with xel and see what he was really up to. Industrial espionage so he could pick up the asset on the cheap for his company?Whalsay Energy Limited is an active company incorporated on 11 October 2002 with the registered office located in Surrey. Whalsay Energy Limited has been running for 14 Years 9 Months. There are currently 4 active directors and 1 active secretaries according to the latest annual return submitted on 30 November 2016.BUY A REPORTADD TO MANAGERStatusACTIVEIncorporated11 October 2002 (14 Years 9 Months Old)Annual ReturnsNext annual return made up to 16 November 2017 due by 14 December 2017Last annual returns made up to 30 November 2016AccountsNext accounts made up to 31 December 2017 due by 30 June 2018Last accounts made up to 31 December 2016 (Full Accounts)People4 active directors & 1 active secretaries View All People >Mr Barnaby Hugh Brennan, Mr Andrew Fairclough & 3 more
Re: Mr Samuel - OGA It's the same one I used - you could use this one and ask them to pass it [email protected]
Mr Samuel - OGA Would anyone know if Mr Samuel of the OGA has a new email address ? I have just sent him an email at the previous address ([email protected]) and it has been returned as undeliverable.Thank you.
what happened to Lisajam I miss your brilliant posts