Re: Placing Sorry no name change.. ( mixed up with other holding ... i have far to many lol )But there was consolidation. ( S ) sent e-mail .
Re: Placing Name change and consolidation and sub-division ( why complicate it ? ) Must have brought in at 89.6p equivalent.Placing must of been around 90p ??
Re: 90% Up? Shares consolidated @ 1 for 20, so you will see your holding reduced. 4p yesterday is equivalent to 80p today.At 78p, it is down slightly from 80p expected based on yesterday's price.nk
Re: 90% Up? Subdivision been done with consolidation 1 share for 200 old.
90% Up? What! No comments on this?Is it an error?Yours Mystified vb6
Re: IGas Energy for 2x shale gas project... Yes definitely a punt
Re: IGas Energy for 2x shale gas projects Can they find enough net cash from these early stage developments before they run out of cash or have to sell out to the disadvantage of small share holders? Oil price is not helping with their bread and butter revenue. It feels more like a gamble than an investment.
IGas Energy for 2x shale gas projects [link] Energy has been given the go-ahead for two shale gas development projects in Nottinghamshire.It has been given the right to drill exploratory wells off Springs Road, Mission in Bassetlaw a former Cold War missile launch site and between Barnby Moor and Blyth.No fracking is included as part of the developments.Nottinghamshire County Council said the first planning project includes 37 separate conditions and the second includes 52 separate conditions, which have been put in place to minimise the impacts on the environment and local communities.They were added following public consultations and cover areas such as traffic, noise and ecology.Some of the requirements under the legal agreements for the shale gas wells include the payment of a bond, which would be used to fund restoration of the site in the event IGas is unable to fulfil restoration requirements set out in the planning permission and lorry drivers adhering to a code of conduct.Earlier this year, French energy company ENGIE sold its UK shale gas interests to Swiss petrochemicals firm INEOS, with eight of the licences operated by IGas.
Re: Tory manifesto +ve shale Yep Hotwire it looks very good news for Igas and has not yet really hit the financial press yet at which time share price should move up in anticipation of things to come.
Tory manifesto +ve shale Has anyone else read the manifesto and think it looks v. positive shale... New regulation, an energy review on low cost energy...? I think this share is probably worth a re-visit.
Re: who are Trans European Oil & Gas Luxco I... [link] WIRE)--KKR, a leading global investment firm, today announced that it will back Roland Wessel, Colin Judd and Melvyn Horgan, founders and former management team of Star Energy, to launch Trans European Oil & Gas Limited (Trans European Oil & Gas. [link] European Oil & Gas has been established to acquire and operate onshore oil and gas fields across Europe.Trans European Oil & Gas experienced management team employ enhanced recovery techniques, alternative development strategies and advanced evaluation tools to maximise reserves and reserve recovery while maintaining the highest environmental and safety standards.Trans European Oil & Gas is headquartered in London and enjoys the financial backing of its major shareholder, KKR, a leading global investment firm.Roland WesselChief Executive Officer+44 20 38466280Contact RolandRoland is a geology graduate from University College London and has over 40 years of experience in the oil and gas industry.Initially involved in the drilling services sector, he has undertaken managerial roles in most of the active oil and gas regions of the world including West Africa, the Middle East, the North Sea and North and South America. Leaving his position as Eastern Hemisphere Manager at Teleco Oilfield Services in 1992, Roland founded Integrated Drilling Services in 1992 backed by 3i Group plc.Roland sold Integrated Drilling Services in 1998 before founding Star Energy, a leading onshore UK oil and gas producer and developer and operator of gas storage facilities. Star Energy acquired and developed gas storage projects in the UK (Humbly Grove, commissioned 2005), Denmark, UK North Sea, Holland and Ireland (subsequently Kinsale Energy under Petronas ownership). Star Energy became the largest onshore UK oil and gas operator in terms of wells and fields (25) and second largest producer after BP with daily production of c. 3500 bopd. Star Energy was purchased by Petronas, the Malaysian state oil company in 2008 and Mr Wessel continued as CEO of Star Energy until late 2011.Roland jointly managed an oil and gas technology fund and subsequently was EVP at APS Technology Inc. in Connecticut USA before returning to London to found Trans European Oil & Gas.Roland held a number of non-executive positions in the oil and gas sector, including Dominion Petroleum for four years until the sale to Ophir.Roland has been involved in the development of several key oilfield technologies including the Schlumberger PowerDrive rotary steerable system, multi-lateral drilling systems, electromagnetic prospecting technology and wireline drilling systems. Mr Wessel has participated in several patents and is a member of the Society of Petroleum Engineers.Colin JuddChief Financial Officer+44 20 38466280Contact ColinAfter obtaining an honours degree in Engineering and Management, Colin joined Price Waterhouse where he qualified as a chartered accountant in 1979. Colins experience with Price Waterhouse included various professional accounting positions in the UK, Europe and the Far East. Colin joined Christian Salvesen plc in 1987 and, following an initial role as Group Internal Auditor, moved to the companys mobile power and temperature control division Aggreko where he established the financial management system of a newly-acquired business in Singapore. Colin then moved to Aggrekos European head office in the Netherlands where he took on the role of European Finance Manager, covering operations in the Netherlands, Germany, France, Spain and Finland. In 1994, Colin joined a private-equity-backed oil services business in Aberdeen as Financial Director to assist the company in its expansion into the USA and the Far East. Colin subsequently joined another private-equity-backed oil services business to assist the company
who are Trans European Oil & Gas Luxco II Sàrl These guys have just bought a huge allocation of shares. Surely that's a +ve?
Forgot to add Now I think is the perfect time to double up.Just added 100,000 at 4.75pMaverick
Great RNS Looks like anew Co.OutlookFollowing the completion of our restructuring, we now have a strong balance sheet which will enable us to focus on delivering the significant potential of our production and development assets and provide a solid foundation for the long-term future of the Company.We are forecasting net production for 2017 to be c.2,500 boepd with capital expenditure of c.£4m in the year. We are focused on cash generation in our production business and anticipate operating costs of $25/boe for the year, which at these current oil price levels and our anticipated general and admin and financing costs means we will be cash generative.We have now received two planning permissions in the East Midlands and we anticipate spudding these wells in the second half of 2017 to improve our understanding of the Gainsborough Trough. All wells are carried by our partners under our $230 million carried work programme. In the North West, having interpreted the 3D data, we are moving forward with site selection and pre-application preparations.Our strategy remains clear and focused, as we look to maximise the potential of our existing assets and develop our shale gas business from appraisal to future production.We look forward to the future with renewed confidence following the refinancing and are excited by the opportunities that increased momentum across the UK shale industry, including further well data, will present during 2017.
Coud be a big winner this year Have bought in here.Share price starting to move up from low and looks like this could move up very strongly from here with funds sorted, Kerogen in at 4.5p providing solid backing and 2 wells ready to drill.I expect share price to keep rising pre dill and sucess with the drill bit would transform prospects.I expect existing big holders to sit tight in anticipation fpr quite a while yet before any unloading.