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Faroe Petroleum (FPM)     

royscoones - 03 Feb 2008 16:10

This company seems to have been searching for a long time - any ideas out there?

carsie68 - 07 Oct 2009 19:07 - 14 of 364

Stan59
I think Dana have about 29% so can't buy much more without triggering an offer

required field - 14 Oct 2009 08:16 - 15 of 364

Good news from FPM and DNX.....sp rocketing at the moment....

required field - 12 Feb 2010 12:49 - 16 of 364

Nice update.....undervalued by a mile, this.....

required field - 23 Mar 2010 13:21 - 17 of 364

Another success....well done Faroe...getting a reputation for good drilling this little gem...should be double the present cap...

required field - 24 Mar 2010 09:23 - 18 of 364

Up again...well worth 200p this one.

required field - 24 Mar 2010 10:16 - 19 of 364

Heading for a breakout of the trading range...

required field - 23 Apr 2010 09:55 - 20 of 364

About to spring a lot higher...due to discoveries...one after another...we talk about the falklands but closer to home this is an undiscovered gem....

required field - 29 Apr 2010 10:00 - 21 of 364

Fund raising....damn....down 20p.....at this price : it won't be worth doing....at 145p it was....

required field - 01 May 2010 15:22 - 22 of 364

Decided to take up the rights in Faroe petroleum.....raising a big amount of capital...but so much drilling potential and so far 3 wells drilled this year with 3 successes...not a bad percentage...and very good right-ups in the share mags...surprised that nobody here seems to rate this one, apart fom myself...

stan59man - 04 May 2010 08:49 - 23 of 364

Like you, I will be taking up the rights. I agree that past success rate and future prospects seem good. Greenland option is also very interesting.

required field - 04 May 2010 08:55 - 24 of 364

I'm hoping for a quick return to the 140ps.....Greenland looks like the next favourite place for a lot of oil companies....Cairn due to start drilling there this summer.....but that is a hefty stock already...

required field - 06 May 2010 08:22 - 25 of 364

The rights issue has come at the wrong time.....10% less than the real sp....hardly worth taking up....at this rate I reckon FPM might have to pull the fund raising....bad luck....

stan59man - 06 May 2010 11:33 - 26 of 364

Shares mag today states that rights issue is fully underwritten

required field - 06 May 2010 15:07 - 27 of 364

Probably too late to stop it ...but funds could have been used for Rockhopper see (RKH)....10% is all we are going to make here unless there is a sharp recovery...

required field - 06 May 2010 17:20 - 28 of 364

7%.....this was at 145p the other week.....the marketmakers are taking the piss here...

dealerdear - 06 May 2010 23:06 - 29 of 364

Of course they are.

Any company that does a rights these days can expect their sp to drop below that price.

Just the way of the world today.

required field - 12 May 2010 23:59 - 30 of 364

Directors buying...shares up...much better....

required field - 14 May 2010 14:42 - 31 of 364

Nice rebound and about time too....

required field - 19 Jul 2010 14:39 - 32 of 364

Creeping up.....discovered something ?...

required field - 21 Jul 2010 09:38 - 33 of 364

Up again gently....
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