Concorde Oil and Gas plc

Concorde commenced trading on the OFEX 19.09.2005.

Starvest, a AIM listed fund run by the legendary shrewd trader Bruce Rowan has a
significant stake here.


Concorde Oil and Gas Plc (Concorde) is charged with the objective of identifying,
acquiring and operating oil and gas opportunities in the Russian Federation. The
Directors of Concorde have extensive experience in the oil and gas industry and
also benefit from an extensive network of contacts developed from their time at
the oil major, Texaco.

Concorde's vision and business model requires that international operations will
be undertaken in regions where a competitive advantage can be achieved by
leveraging unique local contacts and developing a strong, regionally focused
energy company.

Concorde will only pursue acquisitions that are in production or are discoveries
with early production potential. It is considered that the acquisition premium
required for this type of opportunity, where early cash flow is achieved, is
preferable to the higher risk and longer- term nature of pure exploration.




Head Office
Reveley
Wheelers Lane
Smallfield
Surrey RH6 9PT
England

Investor Contact
Mr P J Hughes

phughes@pentonenergy.com



Reporting

Interims By 29/12/2006
Finals By 31/08/2006

Fundamentals
Market Cap
Shares Issued 133333335
Directors Holdings 40


Prospectus / Offer document PDF : Click HERE

Andy

Sold up at 11.5p.

Made 200% in a couple of weeks.

Going to buy more HRR now.

brian,

Great profit, good luck with HRR!

Thanks Andy

Some useful information on this thread.

I have been waiting for a pullback, but this share does display some resliience at this price, so may have to bite the bullet and buy at the current price.

What attracts me is the opportunity to get into an early stage oiler that is going to produce in the near term, rather than one that is going to take a couple of years exploration, and even then it may be a dud.

AIM listing coming makes this attractive too!!

.

Interesting reading Andy. On the watch list for the moment although it seems to be flying away. Might become cheaper.

Cheers GF.

GF,

Thanks, and you may well be right.

It will depend how much they plan to raise to fund the Pechora aquisition(provided they go ahead of course), and at what price, IMO.

AIM listing may well coincide with the aquisition, and I guess that will be the time they will raise the funds.

March is the estimated date for AIM.

GF,

Well another 10% rise, and on healthy volume too.


Concorde Oil and Gas plc 10.50 11.50 +1.00 1241263 30/01/2006


There may well be a Concorde presentation in the London area in the next few weeks, would you be interested in attending?

My guess is central london, one midweek afternoon, date to be advised.

Anyone here that may be interested in attending, can send me a PM, or indicate here on the thread and I will advise once firm details are known.

GF,

Down a tad today on lowish volume.

Concorde Oil and Gas plc 10.25 11.25 -0.25 216391 01/02/2006

GF,

An excellent day today!

This has to be my fastest riser ever!


Concorde Oil and Gas plc +3. 63p +33.77% 235,267


Buying continued until the end, this must be the most liquid stock on the OFEX!

15/02/2006 16:18:25 14.50 7,500 O 1,087.50
15/02/2006 15:40:06 14.00 35,446 O 4,962.44
15/02/2006 15:12:23 14.00 9,000 O 1,260.00
15/02/2006 15:03:00 14.00 2,000 O 280.00
15/02/2006 14:28:48 13.50 14,365 O 1,939.27

next vog here andy

tsmith9426,

I hope so!

Until details of the Pechora deal are released, we don't have anything to go on, but there is ceretainly a feeling that due to the quality and experience of the management, the deal will be a good one.


They are doing DD now, so we have to wait for confirmation, which should be by mid March I believe.

The buying continues at the moment;

16/02/2006 13:05:42 14.25 40,000
16/02/2006 11:45:57 14.25 10,000
16/02/2006 11:17:35 14.25 5,000
16/02/2006 11:02:37 14.25 7,550
16/02/2006 10:26:20 14.25 9,492

This is the area Concorde are doing DD in.

The "period of exclusivity" has been extended, and the comments make positive reading IMO.
============================================================

Concorde Oil and Gas plc
Concorde Oil and Gas plc - Potential Aquisition

Wednesday 1st March 2006

Concorde Oil and Gas plc
("Concorde")


Concorde extends period of exclusivity regarding the acquisition of Pechora
Energy

Concorde Oil and Gas, the Ofex quoted company seeking to acquire operational
oil and gas assets in the Russian Federation, announced in December 2005 that
it had signed a Memorandum of Understanding ("MOU") with Pechora Energy
Company, which may lead to it acquiring 100% of that company. The MOU included
a period of exclusivity which ran until today.

Negotiations are progressing well and in recognition of this the vendor has
agreed to extend the period of exclusivity until 25th March 2006 to allow for
completion of the legal process. Concorde will make a further announcement in
due course.

PECHORA ENERGY

Pechora Energy, a private Russian company, owns the Luzskoye Field situated in
the Timan-Pechora Basin in the north-east of the Russian Federation. The field
has been evaluated by a well known firm of independent oil industry consultant
engineers. The mix of proved, probable and possible reserves matches
Concorde's stated acquisition objectives.

The field is currently on seasonable production and is close to existing
infrastructure allowing easy transport of the produced oil.


PETER HUGHES, CONCORDE'S CHIEF EXECUTIVE, COMMENTED:

"The work undertaken since December has cemented our original enthusiasm for
acquiring Pechora Energy. The extension to the period of exclusivity leaves us
well placed to complete this acquisition."

how much did sve invest?

ellio,

Very little!

Bruce got in at 0.75p MAX as far as I know, possibly even less.

I thanked Bruce on Tuesday for mentioning these when he did, my best result on a share in percentage terms ever!

Thats a nice roi, how to turn 200k into Millions??

SVE should be a nice little sideline for all investors, he's done it time and time again., really nav should be way closer to price considering his performance track record, supposse it's all about realising these assetts and growing the fund, which he hasn't really demonstrated in a big way, not yet anyway but looks like plans are afoot.

Do you know Bruce?

Seriously at 15p, how far have these come and if it lists on aim what would you most realistic target be ie b/yr end 30p?