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 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.

All,

Concorde AIM transfer delayed by one week.

Concorde Oil and Gas plc
Concorde Oil and Gas plc - Amendment to the sale agreement

17 MAY 2006
Concorde Oil and Gas plc
("Concorde" or "the Company")


Amendment to the sale agreement

The date for completion of the acquisition of Pechora Energy Company LLC
("Pechora") has been extended by seven days in order to complete the necessary
legal process. It is now anticipated that admission to AIM and the completion
of the acquisition of Pechora will take place by 26 May 2006.



ENQUIRIES:

COLLEGE HILL 020 7457 2020
Ben Brewerton / Paddy Blewer
VSA RESOURCES 020 7628 3989
William Voaden

andy, any idea on placing price? Any broker views on what is fair value? Surely this is slightly bad news if things are delayed

jameel06,

Well if the legals aren't completed, they have no option but to delay, so I'm not convinced it's bad news, although I would have preferred it to go ahead on Friday, as I'm away the following Friday, so can't watch the action.

This is disappointing, but not unexpected, IMO, due to the current market conditions.

Just a couple of days more and CDE would have listed without any problems, but sentiment has moved against it, cest la vie!

I notice they now say "before 7th July" so as to keep us guessing on the actual date!



Concorde Oil and Gas plc
Concorde Oil and Gas plc - Acquisition Update

30 MAY 2006

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


Acquisition Update

Due to adverse market conditions, it has not been possible to complete the
acquisition of Pechora Energy within the original timeframe. The Company has
agreed a six week extension for the acquisition, resulting in an intention to
list on AIM before 7 July 2006.



ENQUIRIES:

COLLEGE HILL 020 7457 2020
Ben Brewerton / Paddy Blewer
VSA RESOURCES 020 7628 3989
William Voaden

Yesterday was the final day for the extention - and the lack of news suggests to me they may not have made it, and teh Pechora deal will not go through.

I hope I'm wrong, but the lack of news makes me feel the vibes aren't good, IMO


Starvest will also suffer a drop if this comes to pass, as they hold 55 million CDE.

Still no news, and this doesn't look good IMO, unless they are close, and simply trying to close the deal.

They really have to announce something today IMO.

CDE have conformed they have not been able to complete the fundraising in time!

The price is holding, but I guess that's because if people try and sell the mms will drop the bid savagely, as it's on the OFEX.



Concorde Oil and Gas plc - Acquisition Update


16 AUGUST 2006

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


Acquisition Update

Due to continued adverse market conditions, it has not been possible to
complete the acquisition of Pechora Energy within the modified timeframe.

The Company is currently evaluating available options, and remains committed to
continuing operations in the international hydrocarbons industry. A further
release will be made in due course.

tried to sell yesterday-savage is not strong enough to describe the price they offered!! decided to hang in there and see what happens.

moneyplus,

Someone over the road was offered 1.25p!

Effectively they are locking people in, which highlights the dangers of investing in AIM and OFEX IMO.

let's hope they can revive the deal in September.

Ouch - glad I thought this was overcooked when I was looking at it around 15p! Commiserations to anyone who may be feeling the squeeze.

Andy, do these guys have any assets or cash in the bank - i.e. how badly stuck will they be if the Pechora deal fails to come off?

Soul traders,

Not much, they were trying to raise the money for the Pechora deal.

They do not draw saleries, and have minimal costs, so no immediate cash concerns, but they need a deal.

Running on a shoestring, then. Maybe those other three licences will generate a deal, but the market's confidence may have been knocked by the fact that CDE hasn't got Pechora wrapped up.

Best of luck, etc.

Sol traders,

Two sells this morning, and they were both done at 2p!

17/08/2006 08:11:35 2.00 70,817 O 1,416.34
17/08/2006 08:11:48 2.00 54,098 O 1,081.96

The bid - offer spread is meaningless, as they are savagely marking it down to prevent selling.

CDE finished the week on 2pBID, and i would imagine any wave of selling would result in another quick markdown.

CDE are going to have another go at raising the cash in Seoptember, but they won't be able to do it at much above 1p IMO.

Whether the deal can still be concluded at that price is another matter, but I remember someone posting ater the price rose from 1p to 15p sp quickly that the institutions wouldn't come in at that price and give PI's such a profit, and so it came to pass!

A rare example of PI's being in before the institutions, and it got murdered!

Someone just sold 75K @ 1p!

01/09/2006 13:12:47 1.00 75,000 O 750.00

CDE looks doomed without positive news.

CDE slipped out final results after the bell last night!


They don't make pleasant reading, and offer little hope of completing the Pechora deal now.

Click HERE

More sells went through at 1p, which is effectively the BID price now.

Any attempt to sell size would lead to the bid lowering further IMO, holders are effectively locked in.

This will hit the NAV of SVE, which has a holding of at least 55 million shares in CDE.