Jon (MoneyAM)
- 02 Jun 2005 16:06
announcments are due soon, stock price moving should hit 1.80 easily, very interesting story with new field linked in with an indian oil company joint venture and I understand good results from one area, looks great
TheFrenchConnection
- 18 Nov 2005 19:51
- 9 of 370
Something of an understment Roly lol up 23p ! ,,,and 500,000 om the bell . On what is not a producer as yet; but merely an expo . Cant stay as sending via WAP .But great news Roly aka Aldwick @+ J
TheFrenchConnection
- 05 Dec 2005 16:35
- 10 of 370
Amities ,,,Pattern of trading shows someone is "discreetly " building a position .
TheFrenchConnection
- 07 Dec 2005 21:55
- 11 of 370
Roly; i dont know if you know but American giant, Chevron in j/v with Nigerians are scheduled to commence drilling a number of explatory wells among the archipeligo islands of Sao tome and Principe in January . All good news for us EEL holders .{ you and i ,,,lol } Trading illustrtes someone is eager to attain a principal position priced between 185 and 225 ,,,,,,,,MMs shook the tree from 220 to 180 recently and within a week its back challenging its resistance level ..With PROVEN C1 acreage , and in excess of 100 $ banked, and with top management all versed in the vagaries of Corporate Big oil" ; and with Olsen backing them with suport services such as platforms ,ect ect this company will discreetly forge ahead to over 300p within a matter of mere months - very little danger . Many oil minnows cannot even attain "slots" for a modern platform as once a juniour oil company gets hold of one they exercise all rights to retain the platforms under due dilligence and extension clauses ; all due to the the massive rotary count compounded not only with new expos drilling all over the globe but with the number of workovers. Both upstream and downstream the supply is tight. - from rotary capacity running @ 96.8% and outdated 1970s refineries { accustomed to "sweet" Loiusian red " and WEl and which cannot cope with the "sour" crude of SA with which the Saudis have been forced to make up their lagging quotas recently } The story of oil is changing forever . OPEC simply havent got the neccassary production to satisfy demand from 1/6 of industrialized nations let alone the emerging 5/6 whose appetite is phenomonal . China is investing in the construction of all maner of refineries to cope with high sulphur , bitumen like, and high cost extraction oxy ; yet their benign American counterparts offer handsome yields and huge buybacks. Rarely make a "strike of consequence " and only increase reserves by acquistion ,,,,,Power has moved to the likes of swing producers llike Norway the Russias, ( esp sattallite States }and West Africa and the Latin Americas . And soon .China. According to the USA department of energy Saudi Arabias production must rise by a staggering 140% in the next decade to meet global demand -- From 102, 61 bblmbd to 238 mb/pd . To put this in perspective . This is the equivalent of finding an "untouched "USA " or Mexico. The usa and Europe think they have found a new " North sea " on the West African coast ..OPEC are a footnote in the history of "Big Oil " now. lraq and lran has probably the most in percentile terms ; but as you know it is dangerous beyond comprehension in lraq . ln addition many of those fields were utterly ruined in the latter gulf war by coalition { Uk and USA } forces slinging over 200,000 tons of uranium tipped missiles at these appliances . Shell and BP were offered nearly all the major secondary contracts and simply refused many out of hand as hazerdous ! Every single nation in OPEC fom Syria to Yemen, from lndonesia to even Nigeria are in classic "Hubberts STEEP cliff like decline . and who believes the Saudis No matter how much is extracated Saudia Arabia always declares reserves of 260/270 billion barrels . Now with Gawar old and tired , bottle washed and water injected this is a obvious folly . \they have made few discoveries recently .Yet reserves remain the same .Nonsense ,,,,,,,,,,,,,,........................................................................................................,,As a footnote General Tommy Franks recently stated it would be extremely unlikely one would ever again see massive battle groups of aircraft carriers operating in the MED as over 60% was designated to patrol the West African coast - from Mauritania to Angola. Yes . Big oil has the biggest friends. As records from the Dept of defence illustrate " the pentagon leadership revealed that Franks and his staff have crafted strategies that will allow us { the USA } to SECURE and PROTECT all W. African and American owned fields throughout the world with rapid respose units ....EEL appeal is obvious sitting next to Shells huge Bongo field and with BP less than 40km away. And now with Chevron sqeezing on the back of a j/v into the he sao tome/ principe acreage, i see EEL becoming as big as Cairns or Dana ......lt really is worthy of investigation . ,,Bonne chance ,,,a/b @+ ,,J
aldwickk
- 07 Dec 2005 22:17
- 12 of 370
Cheers Jamie, great postive post.
aldwickk
- 08 Dec 2005 07:37
- 13 of 370
Equator Exploration Limited
08 December 2005
Immediate Release 8 December 2005
EQUATOR EXPLORATION LIMITED
US$60 Million Private Placement of Common Shares
LONDON, United Kingdom - 8 December 2005, Equator Exploration Ltd. (AIM: EEL.L)
('Equator') is pleased to announce that it has placed 17,291,066 new common
shares with institutional investors at a price per share of 200p (US$3.47) for
total proceeds of 34.6 million (US$60 million). The shares being issued will be
admitted to the London AIM exchange on or about 14 December 2005.
Commenting on the private placement of shares, Wade Cherwayko, Chief Executive
Officer of Equator said, 'We are pleased with the positive response to the
private placement and the continuing support of our shareholders. The funds
raised will support the company's aggressive drilling program for 2006 as well
as the possible acquisition of additional exploration acreage.'
In addition, Equator is pleased to announce the granting of 50,000 options to
advisors of the company. The options are exercisable, subject to semi-annual
vesting over two years, at a price of 206.80p within five years from the date of
the grant.
For further information, contact:
Wade Cherwayko, Chief Executive Officer +44 (0)20 7235 2555
Philip Dimmock, Chief Operating Officer +44 (0)20 7235 2555
Bobby Morse /James Strong, Buchanan Communications +44 (0)20 7466 5000
Background information:
Equator
Equator (
www.equatorexploration.com
) was founded in December 2000 and listed on
the Alternative Investment Market of the London Stock Exchange in December 2004,
raising 60 million to fund its exploration activities in the highly prospective
waters of the Gulf of Guinea.
Equator's objective is to build a diversified portfolio of exploration,
appraisal and production assets in the region. The Company has exploration
interests in the territorial waters of Sao Tome & Principe and Nigeria as
well as the Nigeria-Sao Tome and Principe Joint Development Zone. Equator is
also currently evaluating other exploration opportunities in West Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
TheFrenchConnection
- 08 Dec 2005 17:59
- 14 of 370
Amities !/ Slt Roly ! . What with EEL up by over 20% in the past month , one could be mistaken for thinking one had missed the bus . But this latest move was nothing but "shorters" rapidly closing thier position and going long . What with Chevron yesterday announcing they are the latest major to decide to invest billions of dollars into this area on the back of a j/v with a Nigerian player: and EELS HIGHLY succesful lnstitutional placing @ 200p which will undoubtadly act as a springboard of support i feel we are sitting on probably the most fiscally rewarding stock not only in the energy sector , but on the entire market . Todays RNS clearly illustrated that despite overflowing coffers the NOMAD ,all advisers , and been -counters have collectively elected to take up stock @ 206p rather than any accept accrued fees. Now had EEL been strapped for cash this action would have smacked of desperation; but with in excess of 100m of cash stashed in thier bank, it quite conversely shows advisers see a lot more money in the eventual rewards of the stock as opposed to the usual practice of charging exorbitant fees . News will come sooner than you think Roly . Have you seen offshore water depths through which EEL will drill to locate thier payload ;- A mere 400 ft to 4,000 ft as opposed to BP s 22,000 feet on "block 31" drilling offshore furthur down the coast off Angola, or even your average median of 10,000 feet in the North sea . 400 metres is juste what we needed as time is of the essence !! ...Much $$$$$$$$ saved due to the relative shallowness of many offshore wellheads . What with operators of today charging double the daily platform rate of 2004/5 EEL look to be well placed to take full advantage of the tripling in the oil price without having to resort to drilling into what is called the "Super deep " ( in excess of 20,000 ft ) which is costly ,time consuming and fraught with many unknown variables Also we already KNOW of two abandoned wells in this acreage from drilling from the 1970s whose antiquted equipment still yielded production of 5750 b/pd and 8100 b/pd but were considered uneconomical considering the oil price was a mere fraction of todays price . And supply was in abundance . But in 2005 matters are diametrically the opposite !! ..But with oil at $ 60 to $ 70 p/b , or come to that , even as low as $ 50 p/b , EEL are the new boys on the block . Stand aside Dana , Cairns and Burren . EEL will be a constituient among the FTSE 350 midcaps before the bulk of investors even realise ! Traders are buying in vast numbers { 100,000 to 250,000 + are common lately. That sould surely convince any doubters among you that this stock is attracting attention from the plethora of analylists ,,,,As always with good stock it wont be tipped in journals such as lC or Shares mag or Money weekly until it has broken the 230 level and thus resumed its rapid climb .......ln my opinion it will be meteoric .....Faires attention ! Bonne chance a'bientot @ + J .. ... .
elrico
- 08 Dec 2005 18:21
- 15 of 370
"Equator, like a lot of companies, is going to be driven by news events. We believe the company has a bright long term future to play in the west African oil rich region. Key to this future is going to be strategic events as stated for 2005/06."
from
http://www.lemminginvestor.com at 156p July 18
aldwickk
- 19 Dec 2005 17:05
- 16 of 370
Equator Exploration Limited
19 December 2005
Immediate Release 19 December 2005
EQUATOR EXPLORATION LIMITED
('Equator' or 'the Company')
Notification of Interest
LONDON, United Kingdom - 19 December 2005 - Equator Exploration (AIM: EEL.L) was
notified on the 12 December 2005, that Millennium Partners, L.P. has an interest
in 7,142,285 common shares of the Company, representing 5.4% of the issued share
capital.
For further information, please contact:
Wade Cherwayko, Chief Executive Officer +44 (0)20 7235 2555
Philip Dimmock, Chief Operating Officer +44 (0)20 7235 2555
Bobby Morse / Ben Willey / James Strong +44 (0)20 7466 5000
Buchanan Communications
Background information on Equator
Equator Exploration Limited (
www.equatorexploration.com
TheFrenchConnection
- 30 Dec 2005 19:48
- 17 of 370
Amities ./ Slt . By virtue of geopolitics , stealth and a positive yet somewhat sparse newsflow yet not cashflow - $100m- coupled with the support of new institutional and hi value clients to add to the less obvious variables such as the the prestigious backing of Olsen F. ensuring they do not fall victim of the tight rotary count nor infrastucture deficiencies , EEL is a true star in the making . A TRUE star !! {Cairns jump into my mind immediately --..Shame on Shell ,,lol What an awful error . lncidentally nearly all oil expo-producers are extending contracts for rigs as is thier right . When i enquired today at some of "Big Oils " exponenets each had the same story . Median Capacity is running @ 98.82% of what is available . Put simply. Thats even TIGHTER ! . To tight ! The infrastructure has criminally been allowed to be inadequate and proven aged upstream , and decayed and antiquated downstream where refineries cannot cope with high sulphur.bitumin , Oxy type oils ........ WTE and "Loisiana red " being thier preffered diet. ,The capacity here is a massive bottleneck . .... China,lndia, USA , UK , France are constucting refineries that can cope with any "sour" crude " and China are going a step furthur . -Refineries that can cope with 99% of the tar sands and shale of the likes of Canada and Latin Americas . Mssive new mooring platforms the size of fifty Wembleys for "super deep" exploration are under construction ; but they will not be ready for years . smaller players will wait perhaps months if not years for a rig esp deep water . Also cost to operator to work the wellhead has increased by over 100 % in the past year ........As we speak EEL are drilling on acreage which since the mid 80's has proven C1/C2 and C3 reserves ranging from 37.9 mboe to 240 mboe . Daily rates tested @ approx 3.950 to 5950 b/p/d on two sites were connsidered uneconomic with a bl selling at a miniscule price of today. And that was without the technical advances of today. ...Satallite ,electro geomagnetic tracing , and 3D seismic have shown a number of leads in the very same area thearby allowing infrastructure costs to be kept to a minnum if fields were as the saying goes " found in the shadow of one another. . Spudding dates of these wells suggest drilling results are on the horizon . . Luckily in the 70s and 8os they had been cemented and left untapped due to the abundance of cheap OPEC and Russian oil almost drowning the markets at the time .So it was it was left banked in the shallower waters of the Sao Tome / Principe shelf and in the deep coastal waters seperating it from Nigeria. . Does it not tell you something when you learn the USA led a "friendly coup here " at Sao Tome and Principe to get their mits on this oil ! This is an area within the EEL portfolio No speculation here . None . Considering the sheer cost in millitary $ you dont have vast battlegroups of aircraft carriers DAILY monitoring the Gulf of Guinea - sat huddled between the Nigerian shelf and these tiny African nations merely to kill a little time . 3* General Tommy Franks admitted as much in a speech in which he stated that as much as 25% of future USA supply will be extracted in this area ; and as such was accorded a "flashpoint status " { one of several } meaning in effect that what was called iniatially "The Carter doctrine " Later endorsed by Clinton and exploited by Bush . .Basically the USA are building bases by the dozen and all within striking distance of these so called "flashpoints - Hence bases have suddenly sprung up in Rumania , Bulgaria , Georgia to protect Caspian interests . Bases have began in Algeria , Morroccco and Mali to protect Arab African interests . . No prizes for guessing where " Big Oil " sees the future of its business. And there are a number of these so called "flaspoints " .Coastal West Africa being one of them . . Reading between the lines it means more than diplomatic posturing . More than a case of "Dont "F*** with us ! or we will more than seriously F*** with you "" but reading between the lines it more than suggests that if ANY USA supplies of oil are interupted those perpertrators will be obliterated .. This is true hardball . ....... Aside from the geopolitics . EEL >...... Up a collasal 35% in a matter of afew weeks, and all made possibble WITHOUT the need for flashy presentations , expensive hospitality, ., over optimistic rash analylist predictions , usual internet BB hyping, and persistent tipping by the likes of "IC" ,"shares " ,and Money weekly ! { Thats the time to worry !!!! lol }The numbers speak for themselves !! . Do a little number crunching. Examine the consistent massive yet discreet trading all done with the mininum of fuss . The number of mms , brokers , traders who are trying to get a shedful almost equal the number of " ordinary trades " { PI's } in the market. l tried to top up a matter of ten days ago and could ONLY get them in pathetic tranches of 1,000 .No-one was selling . So i settled for 10,000 @ 256 at a time when they were 252 ... .And as with VOG it is surrounded from majors from virtually every continent .All the usual names . E/Mobil , Total , Chevron/ Texacco, , BP, But whereas i am heavily overweight in VOG as a very convincing play i still strongly regard it as a "speculave play " But upside COULD be truly phenomonal .Quite staggering . The downside - minimal . With a nice springboard of support at placing price But still all the same -speculative , but EEL is a "strong med term hold for me . l know it will be successful .. The question merely being . HOW succesful . ? ..A good start on this one is to study the trading.. Since its very temporary nadir at 183p it has steadily climbed to 270p in a few weeks ...Yet mms still want the stock ; but dont make it to manifestly obvious . Someone is building a hefty stake. Definately. Even if it is does not exceed the RNS forcing 3% RNS it is a very nice principal trade/s .....Not forgetting the potential acreage in EELs portfolio in the prolific Nigerian Delta - Dangerous but with yields of 100,000 bls pd in neighbouring areas . ... Theres oil here . lts a done deal for me . { For the record so as to avoid ramping a stock i have a considerable position in this one } . Bonne Chance ! ...@+ J
TheFrenchConnection
- 30 Dec 2005 19:57
- 18 of 370
Amities Roly , {Aldridge }. From the absence of other posters it would appear that only you and i are the only parties interested in making serious money on this one . @ J . ...
TheFrenchConnection
- 30 Dec 2005 23:14
- 19 of 370
Slt Roly ...when you have a moment a peak at Hardys gas and oil . Another oil junoir . sneaking up without making a fuss. .Good acreage and well supported . @+ J
aldwickk
- 31 Dec 2005 13:38
- 20 of 370
@ J
There is more interest on the ADV.n BB, am still holding all my EEL but sold 20% of my VOG @ 140p, GFM is still my largest holding , i will have a look at Hardys gas and oil . ps Did you get my singing Christmas card.
TheFrenchConnection
- 31 Dec 2005 20:00
- 21 of 370
Roly .. / Yes; thanks very much ! ,,,lol Je te remercie de ta card !!! ,,lndeed thanks for your Christmas card . Reindeers singing in melody ,,lol hehe Whatever next ? ...lol ,,Likewise i hope you and your family enjoyed the festive season and hope you all a happy,healthy, and prosperous new year. ...... ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, On a fiscal note { awful pun ,,hehe }; Did you see the size of some of the EEL trades going through last week ?.. MMs are running scared of energy-esp hydrocarbon- based stocks . Cant you detect it .....Nice play on Vog Roly ..Felicitations ! ! As i always say " Never be too greedy .,,Bien amicalement ,,Bonne chance mon ami ...@+ J
aldwickk
- 06 Jan 2006 16:42
- 22 of 370
Price now past 300p, 300 --- 302, drill results next week ?
TheFrenchConnection
- 06 Jan 2006 16:44
- 23 of 370
Amities Roly . up 25p to 300p ... Looks like your " announcement has become news to a number of traders ! ,,,,We shall see this tipped by IC or Shares or Money weekly when they are about 400p + ,,A lot of big money being sunk in EEL. .Only reason i dont go " all in " on this is due to the nefarious reputation of the CEO . But he has all the right connections in Nigeria . .,,,,@+ J
TheFrenchConnection
- 06 Jan 2006 16:57
- 24 of 370
l would imagine so. News is due. ,,,,l was going to buy a few more @ 280 this morning but unfortunately changed my mind . Never mind . Plenty of traders still buying ,,,,@+ J
TheFrenchConnection
- 09 Jan 2006 09:31
- 25 of 370
RNS ! ...EEL !! l dont feel you can go wrong here ! EEL have issued an RNS informing the market that drilling interupted an intersection to what they call a major gas resavoir . What with Shells Bongo field lying nearby which is believed to contain 1.4 billion bpoe this is a great start to EELs aggreseve 2006 drilling programme . Shares up 10p already following the 22p rise on Friday. Since the 180 level buying in EEL has been mm and broker dominated ... Furthermore EEL to start immediate drilling on an equally exiting lead !!
aldwickk
- 09 Jan 2006 10:00
- 26 of 370
2006-01-09 00:48:18
Nigeria begins shipping liquified natural gas to US from new plant
LAGOS (AFX) - Nigeria NLNG said it had shipped the first cargo of liquefied
natural gas to the US from its fourth production plant.
TheFrenchConnection
- 09 Jan 2006 16:55
- 27 of 370
Up 30p --10% . Thats 52p in 2 trading days with a LOT more to come . A future "Cairns" perhaps ! . ..Bought a few more @ 310p and even then it wasnt only after mooching about .. Looking at the price oil majors are paying for mere exploration licenses in this area clearly illustrate coastal West Africa to be one of the masts " Big Oil " has nailed its colours along with the Russias, the latin Americas inc the Gulf of Mexico and Falklands,the Caspian and Black sea countries and a plethora of Balkan states and ex soviet satallites such as the Ukraine , Georgia,and with Turkmeni ,Azeri , and Kazack gas becoming MAJOR suppliers ! - . ,,, ,,,,Listening to BBC radio 4 money prog which commented favorably about Brazil are emeging oil players and have the possible potential of the Russias , Africa, lndia, and China ,,, ,,,,,@+
TheFrenchConnection
- 10 Jan 2006 12:09
- 28 of 370
Up a further 20p to 350 . Thats 75p in 3 trading days. Seems a little froth in that s/p and i expect a minor retracement / correction to the 325/330 level . ...Roly ? You sold any of your holding as yet ? ..As for myself . Playing the percentages as all good traders and what with 20% returns in 2 days alone l couldnt resist such profit ....Sold a few thousand @ 345p ....