Falkland Oil & Gas Live Discussion

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Guderian255 03 Mar 2015

...at least I'm assuming that's the presentation - it says 'Feb 15' on the cover sheet instead of 'Mar 15'. [link]

Guderian255 03 Mar 2015

The presentation is here [link] or just visit fogl.com and go to 'download latest presentation'. I'd guess stronger trading (buying) tomorrow/Thursday. Am I right in saying that, according to fogl's presentation, if things go well, that their asset value could treble?(current assets ($110mn) + non-current assets ($242))

Guderian255 03 Mar 2015

Re: FOGL Stream Log see [link]

Guderian255 03 Mar 2015

Re: FOGL Stream Log According to their website press release at the start of Feb they had $100mn in cash & no debt. The Eirik Raude costs about $250-300k/day, so I'd say that FOGL are pretty cash rich for this venture

aim100 03 Mar 2015

Can someone clarify if FOGL will need to issue extra shares to fund the current 6 drill slots?. I thought we were fully funded?

Guderian255 03 Mar 2015

"... hosting a joint presentation today for sell-side analysts." I'm guessing that presentation will be made during US trading, so maybe late afternoon UK time we'll see what its initial impact is??

Guderian255 03 Mar 2015

"...Sam Moody, CEO of Rockhopper and Tim Bushell, CEO of FOGL, will be hosting a joint presentation today for sell-side analysts.." I wonder who these analysts are representing - hopefully someone big and aggressive with lots of cash!

Guderian255 03 Mar 2015

"...the oil and gas exploration company focused on its extensive license areas to the North, South and East of the Falklands islands, are pleased to announce that the drilling unit Eirik Raude has arrived in the North Falkland Basin (NFB) and will shortly be moving to location to commence the first well, on the Zebedee prospect, of the six well drilling campaign that will see two wells drilled in the NFB then one to the south of the islands, followed by two more in the north and a final slot in the south" [link]

Guderian255 28 Feb 2015

Bit of a newbie to this (what seems like) speculation game, as well as blogging on stocks, but anyway I've entered the fray with a small pot of cash. Just wondering, do people often write garbage on here in order to get others to buy/sell, or everyone pretty honest? Can't understand Jefferies target of 29p. Surely it's a bit of a make or break scenario - no oil = share price pretty much collapses, lots of oil = sky's the limit - are they talking about 29p for the medium term based on finding nothing? Any help appreciated. C

tosimon7 18 Feb 2015

Towed: everything you wanted to know about ER but was afraid to ask: [link]

tosimon7 06 Feb 2015

Re: Afternoon Campers. Ha! I always suspected you was a fraud PottyTime: any genuine poster would know it was The Sullivans BEFORE Magpie - week days that was....But at last, I can dream this weekend that my mad, mad gamble in FOGL might have a less nightmare'ess ending this summer GLTO.

AngeloBlu 05 Feb 2015

Good to see the oil price holding nicely too - all we need now is OPEC to turn off the taps and up we go

AngeloBlu 05 Feb 2015

Hi KGB - yes, I'm here watching. Very interesting times. Holding FOGL, BOR and CHAR. I was losing hope with BOR to be honest but let's see if we can get a drill there. Wishing you all the very best, Parsley.

KGB 05 Feb 2015

@ parsley / angeloblu: I see you are logged in..... Seems to become interesting, starting with BOR / ARG - something I would have not expected anymore, to be honest (too bad I am just in BOR). Let us hope the best for our key holdings in FOGL ... opening some red wine in the meantime for tonight,, KR KGB

KGB 05 Feb 2015

record voulmes at BOR and ARG !!! - but rather moderate stock Price movement .... any views on that from the board here?