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,

don't mean to snow you in with tips, but two I think you'll be interested in are:

1.) Black Rock Oil and Gas - now expecting to start Arce production in May - see updates on the BLR thread. I know you're following them anyway but I think they may be in for a re-rating . . .

2.) Toledo Mining (TMC) - sitting on potentially 10 Billions' worth of Nickel, currently awaiting go-ahead from the Philippines Govt. Current market cap only 20 million. Useful info on the thread plus other usual sources. I know you'll DYOR - would be interested in your thoughts as I think this could be in for a speedy re-rating - potential ten-bagger or better in a few months??

Happy hunting!

soul traders,

Thanks for the tips, i will have a look.


CDE are advertising for a FD, in case there's anyone suitably qualified here, the link is HERE

Aim admission is going ahead!


From today's Guardian Business;

Concorde Oil and Gas today announces its intention to move from Ofex to Aim through a placing of shares with investors in an effort to raise 25m. The company, set up to acquire oil and gas assets across the Russian federation, is expected to be valued at around 50m when it comes to market later this month.

Concorde Oil and Gas intends to use the cash raised to complete its acquisition of privately owned Russian firm Pechora Energy, which owns a field in the north east of the Russian federation. An independent firm that evaluated the field has estimated that it contains 33 million barrels of oil.

The deal also brings the company a dedicated rail terminal so any production will not need to rely on the state-controlled pipeline network, Transneft. Concorde intends to explore other parts of the field to increase production from its current 245 barrels a day.

Official confirmation of the AIM transfer.


Concorde Oil and Gas plc - Acquisition Update

NOT FOR PUBLICATION DISTRIBUTION OR RELEASE IN OR INTO THE UNTED STATES, CANADA, AUSTRALIA or JAPAN.

Tuesday 2nd May 2006

Concorde Oil and Gas plc
("Concorde" or "the Company")


Intends to seek admission to the Alternative Investment Market ("AIM")

Funds will allow completion of acquisition of Pechora Energy

Concorde Oil and Gas is an Ofex listed company seeking to acquire operational
oil and gas assets in the Russian Federation.

THE PLACING

Concorde is to seek admission to AIM through a placing of shares by VSA
Resources Limited to raise approximately *25 million. The proceeds of the
placing will be used to:

* complete the acquisition of Pechora Energy,
* start a development programme to increase production and proven
reserves,
* identify additional suitable acquisition opportunities, and
* fund general working capital purposes.

Marketing has commenced and admission is expected to take place during May.
VSA Resources Limited is acting as Broker and Adviser to the Company and
Beaumont Cornish Limited is acting as Nominated Adviser.

THE ACQUISITION

In March 2006, Concorde signed a conditional contract to acquire Pechora Energy
("Pechora") for a total consideration of US$25 million subject to adjustment
following the finalisation of completion accounts. Pechora, a private Russian
company, owns rights in the Luzskoye Field situated in the Timan-Pechora Basin
in the north-east of the Russian Federation. The field has been evaluated by
Miller and Lents Ltd, a firm of independent petroleum engineers based in
Houston, Texas, and contains an estimated 33 million barrels of crude oil under
the categories of Proven, Probable and Possible. As part of the acquisition
the company will also acquire a dedicated rail terminal giving the company
flexibility over the delivery of its oil to market and thereby avoiding
dependence on Transneft and the capacity constraints affecting the Russian
pipeline system.

Current production is around 245 barrels of crude per day from one well, with
two additional wells ready to come on stream.




FUTURE STRATEGY

Concorde's future strategy involves a development programme which includes 3D
seismic and a number of development wells on the Luzskoye field to increase
production and proven reserves, as well as the evaluation and acquisition of
other underperforming assets in the Russian Federation. There is also the
opportunity to expand the capacity of the rail terminal.

MANAGEMENT

The key executive directors are former Texaco employees with extensive Russian
experience. Peter Hughes, Chief Executive Officer, has spent over 25 years in
the oil industry, most recently as Vice President of Contracts and Negotiations
for Texaco Exploration Worldwide Growth, a subsidiary of Texaco Inc. He was
seconded to the DTI as an advisor on the Former Soviet Union between 1994 and
1996. John Rigby, Chief Operating Officer, has over 20 years experience in the
oil industry, acquiring and managing assets for Texaco in various parts of the
world including the Middle East and the Former Soviet Union. The Non-executive
Directors include Grigory Gabrielyants who has held a number of positions in
the Russian oil and gas industry and served as Minister of Geology of the
Soviet Union from 1989 until 1992.

PETER HUGHES, CHIEF EXECUTIVE OF CONCORDE, SAID:

"Admission to AIM will enable us to raise sufficient funds to complete the
acquisition of Pechora Energy and start to implement our development plan which
we believe will significantly increase production in the coming years.

"Going forward, we will continue to use our Russian experience and contacts to
identify further underperforming oil and gas assets in the region that are
suitable for acquisition."


ENQUIRIES:
CONCORDE OIL AND GAS 0783 660 7637
Peter Hughes, Chief Executive
John Rigby, Chief Operating Officer
VSA RESOURCES 020 7628 3989
William Voaden / Neil Pidgeon / Brian McBeth
BEAUMONT CORNISH 020 7628 3396
Roland Cornish / Rosalind Abrahams
COLLEGE HILL 020 7457 2020
Ben Brewerton / Paddy Blewer

The content of this announcement has been prepared by, and is the sole
responsibility of, Concorde Oil & Gas plc (the "Company").

Beaumont Cornish Limited ("Beaumont Cornish") is acting as nominated adviser to
the Company and will not regard any person other than the Company as its
customer or be responsible to anyone other than the Company for providing the
protections afforded customers of Beaumont Cornish or advice in relation to the
proposed admission.

VSA Resources Limited ("VSA") is acting as broker to the Company and will not
regard any person other than the Company as its customer or be responsible to
anyone other than the Company for providing the protections afforded to
customers of VSA or advice in relation to the proposed admission.

No invitation or offer to acquire shares in the Company is being made by or in
connection with this announcement. The Company proposes to publish an
admission document in connection with its proposed admission to AIM in due
course.

This announcement may contain certain forward-looking information which may be
subject to risk and uncertainties that could significantly alter expected
results and are based upon certain key assumptions. Due to such uncertainties
and risks, readers are cautioned not to place undue reliance on such forward-
looking statements, which speak only as of the date hereof. The Company,
Beaumont Cornish and VSA disclaim any obligation to update any forward-looking
statements contained herein, except as required by applicable law.

Andy, any opinion on what's happening?

ellio,

I have spoken to Peter Hughes, and he has confirmed that the forthcoming placing will be for institutions only, due to time constraints.

He stated that the target date they are aiming for, is 19th May for the AIM debut.

I am trying to arrange an informal meeting with the directors after the AIM placing has gone ahead. If you are interested in attending, I will update you once we have a date and time.

Concorde Oil and Gas plc
--------------------------------------------------------------------------------

Concorde Oil and Gas plc - Concorde secures mandate for debt financing


Thursday 4 May 2006

Concorde Oil and Gas plc
("Concorde" or "the Company")


Concorde secures mandate for US$100 million debt financing from Macquarie Bank

The monies will be used to develop the Luzskoye Field and to fund future
acquisitions

Concorde Oil and Gas is an Ofex listed company seeking to acquire operational
oil and gas assets in the Russian Federation. On Tuesday 2nd May, Concorde
announced that it was to seek admission to AIM through a placing of shares by
VSA Resources Limited to raise approximately *25 million. The proceeds of the
placing will primarily be used to complete the acquisition of Pechora Energy
and to start a development programme to increase production and proven
reserves.

The Company has now agreed a mandate for a US$100 million debt facility from
Macquarie Bank. The proposed facility, which will run for three years, will be
used to fund the development plan for Pechora. This is likely to include 3D
seismic surveys and a number of development wells on the Luzskoye field to
increase production and proven reserves. In addition, the funds will enable
Concorde to acquire other underperforming assets in the Russian Federation.

PECHORA ENERGY

In March 2006, Concorde signed a conditional contract to acquire Pechora Energy
("Pechora") for a total consideration of US$25 million subject to adjustment
following the finalisation of completion accounts. Pechora, a private Russian
company, owns rights in the Luzskoye Field situated in the Timan-Pechora Basin
in the north-east of the Russian Federation. As part of the acquisition the
company will also acquire a dedicated rail terminal.

The field has been evaluated by Miller and Lents Ltd, a firm of independent
petroleum engineers based in Houston, Texas, and contains an estimated 33
million barrels of crude oil under the categories of Proven, Probable and
Possible. Current production is around 245 barrels of crude per day from one
well, with two additional wells ready to come on stream.

PETER HUGHES, CHIEF EXECUTIVE OF CONCORDE, SAID:

"Admission to AIM will enable us to raise sufficient funds to complete the
acquisition of Pechora Energy. This debt facility will allow us to implement
the development plan in full and we believe this will significantly increase
production in the coming years.

"Going forward, we will continue to use our Russian experience and contacts to
identify further underperforming oil and gas assets in the region that are
suitable for acquisition."





ENQUIRIES:

CONCORDE OIL AND GAS 0783 660 7637
Peter Hughes, Chief Executive
John Rigby, Chief Operating Officer
VSA RESOURCES 020 7628 3989
William Voaden / Neil Pidgeon / Brian McBeth
COLLEGE HILL 020 7457 2020
Ben Brewerton / Paddy Blewer

Hi Andy, I still havent dipped my toe with cde, although I don't know about you but this seems very encouraging.

My question is should I buy now or wait for switch to aim?

ellio,

I honestly don't know, but SOMETIMES there is a dip in the price of a stock when a company floats on AIM due to the increased liquidity, and seed capital investors take some profits.


Personally, I see this announcement as being very encouraging, as Marquarie Bank are clearly convinced enough about the prospects to invest their funds.

Agreed, cheers

ellio,

More good news.


Concorde Oil and Gas will own Pechora Energy when it joins AIM
AFX


LONDON (AFX) - Concorde Oil & Gas PLC said, prior to its admission to the Alternative Investment Market, it will have acquired the entire share capital of Pechora Energy Company which holds the licence for oil and gas production at the Luzskoye Oil Field in the Timan-Pechora Basin of the Komi Republic in Russia.

Miller and Lents Ltd, an independent oil and gas consulting firm, of Houston, Texas has calculated that the Luzskoye Field has Proven, Probable and Possible reserves of approximately 33 mln barrels as at March 1 2006.

newsdesk@afxnews.com

vjt

This is some achievement!

I cannot ever remember an OFEX listed company raising anything remotely like the size of this loan to finance operations!


Concorde Oil and Gas plc
--------------------------------------------------------------------------------

Concorde Oil and Gas plc - Concorde secures mandate for debt financing


Thursday 4 May 2006

Concorde Oil and Gas plc
("Concorde" or "the Company")


Concorde secures mandate for US$100 million debt financing from Macquarie Bank

The monies will be used to develop the Luzskoye Field and to fund future
acquisitions

Adam, when is CDE planning to be admitted to AIM? Views welcomed

I believe the date is 19th May-hope the sp rises nicely then.

Thanks I just checked it too. I havent researched into it yet. But proven management is a core capability which provides competitive adv. But scares me the steep rise of sp from sub 1p to where it is now! Missed out. I'm not sure whether I will go in, as im locked into Eo.!!!!, which is much riskier!

Adam and moneyplus, in terms of spotting these new companies, what is the trick?

Read everything you can find taking a lot of it with a pinch of salt!! I try and avoid companies with heavy losses and debts now having had my fingers burnt and I listen to the views of Sharesure see CHP thread and Andy CDE and EOG etc as they know what they're talking about without ramping!! CHP has gone up a lot but it is still early days and I'm still adding. CDE will be covered much more when it's trading on Aim. here's hoping anyway!! ps-my favourite performer at the moment is EPY-it has shot over the last month after coming back to aim at 10p in it's new form again I'm adding even at these prices because of the huge market it trades in the research on ADVFN thread is very good on this one. good luck!!

moneyplus, jameel06,

Yes I spoke to Peter Hughes last week, and the 19th May is the target date for AIM listing.

As of yet, we do not know the plecing price, but clearly hope it is as close to the current market price as possible to avoid dilution.

It's still early days, and once upon AIM, we should be able to find out more about CDE's prospects and potential in the Pechora region of Russia.

I am hugely encouraged by the fundraising from the banks, that is probably a record fundraising for an OFEX listed company, IMO. Clearly they are convinced of the potential, and I cannot wait to see an AIM listing dicument for CDE.

I have asked Peter Hughes to consider having a shareholder presentation once the AIM listing is complete, and I will post details here when the details have been decided.

Andy great research! I will follow it and do some further research and commit a large proportion of my pay cheque to CDE at the end of the month!

Andy, in terms of prospects, you say the EO. has increased in sp quite sharply recently but so has CDE. MY QUESTION: Why would you consider CDE has more in its tank than EO.?

Hoodless Brennan have presented an equity research report on EO. and consider it a speculative buy at 33p... Key is the Golden Eagle and Apache prospects!
Sorry for rabbitting on about another stock on this thread.

Andy, at what market price range would consider CDE as strong buy?

Andy and Money... the link to EO. is here: http://www.hoodlessbrennan.com/CMS_FileCache/HOODLE004_336_1.pdf

I wonder whether you both could give some time to it and see what you think

jameel06

Sorry but have been offlne today, and what a day to miss!

Until we have further information regarding Concorde, and have actually seen the AIM admission document, it won't be possible to assess how good CDE's prospects are.

At the moment people are backing the management quality and experience, but without further information it is impossible to assess the merits of CDE. I am not qualified to recomend a buy, but even if I was, I would wait until we had some figures to work on.

I hold CDE, but I won't be adding any more until the AIM admission has taken place, and I have more information to work on.

In fact, if the market turmoil persists, CDE's float price may be reduced, we shall have to wait and see.

I will try and read the Hoodless pdf tomorrow.