EnCore Oil PLC

disappointing, but is it really that important for EO's development?

It was a gamble...if it had been conclusive : the share sp would have rocketed...this is not the time to sell because EO. have plenty more strings to their bow !.

Not worried. Gas storage is a tricky thing and probably shouldn't be included in any valuation of a company. I'm not sure how profitable it is, but I'd expect finding the stuff and producing it to be very much more positive financially.

sort of my view - i.e. the storage was just an add-on bonus

Nice top up for Mr Booth.

EnCore Oil plc ('the Company') announces that it was notified on 5 March 2009 that Alan Booth, a director of the Company, on that day purchased 250,000 ordinary shares of 5p each in the capital of the Company at an average price of 7.93p per share. Following this transaction, Mr. Booth holds 9,825,000 ordinary shares, representing 3.20% of the issued share capital.

cyril

D/post

Nice top up Alan Booth.

EnCore Oil plc ('the Company') announces that it was notified on 5 March 2009 that Alan Booth, a director of the Company, on that day purchased 250,000 ordinary shares of 5p each in the capital of the Company at an average price of 7.93p per share. Following this transaction, Mr. Booth holds 9,825,000 ordinary shares, representing 3.20% of the issued share capital.

cyril

For immediate release: 9 March 2009

EnCore Oil plc

Director/PDMR Shareholding

EnCore Oil plc ("the Company") announces that it was notified on 6 March 2009 that Graham Dor a director of the Company, on that day purchased 130,000 ordinary shares of 5p each in the capital of the Company at an average price of 8.125p per share. Following this transaction, Mr. Dorholds 6,558,229 ordinary shares, representing 2.13% of the issued share capital.

cyril

Encore Oil (EO.), a Times report today suggests Centrica are interest in bidding 500m for the Breagh gas field. Encore has a 15% stake (which would be valued at over 24p per share at a 500m bid).
cyril

Seems to have excited the market. up 23%
cyril

;-)))

Added 3 days ago. She's trying to break up. 20p anyone?

Make that 2 days ago. Doh!

This was definitely the one to be on IMO. ;-)))

HOIL hasn't been too shabby either!

.............. but definitely not EME. ;-))

i think its NAV was estimatedend of last year at around 25p but its hard to estimate it as encore want to prove up assets.......but oil price is going up up up.

i agree with you al on both issues.....good medium hold this one

i am out of this one at the mo, but for a micro mini it has it's good points, not least that it operates in uk waters

they reckon breagh is about to be sold of for at least 500 million and likely to be more than this.....mmmm

One of my main fund picks on stockopedia