oilwatch
- 20 Jun 2007 14:14
Balerboy
- 04 Feb 2010 20:17
- 25 of 523
seems my choice was right, most of the directors abandoning ship.....
mitzy
- 14 Nov 2010 20:40
- 26 of 523
Been a while since anyone posted.
gibby
- 10 Jan 2011 08:21
- 27 of 523
RAB won hedge fund of the year 2010................
RNS Number : 1380Z Sound Oil PLC 07 January 2011 SOUND OIL PLC ("Sound" or the "Company") Holdings in Company Sound received notification on 6 January 2011 from RAB Capital plc ("RAB") that, following the acquisition by the Company of shares in Consul Oil & Gas Limited on 5 January 2011, RAB is now interested in a total of 330,917,624 shares representing 25.74% of the Company's issued share capital. RAB acts as investment manager for RAB Energy Fund Limited and RAB Octane (Master) Fund Limited who are beneficial owners of 277,917,624 shares representing 21.62% of the Company's issued share capital. The legal title to these shares is held by Credit Suisse Client Nominees (UK) Limited. 53,000,000 shares, representing 4.12% of the Company's issued share capital, are held by Mr. Gavin Wilson who is the appointed fund manager of RAB Energy Fund Limited and RAB Octane (Master) Fund Limited and is an employee of RAB.
gibby
- 10 Jan 2011 08:51
- 28 of 523
from iii Up Up and away.... this is a little gem...... Mkt cap 18m fully diluted Cash in hand (my calcs) 9.1m New 10m SEDA facility from Yorkville Core Assets - Italy and Indonesia (Oil and Gas) Italy - recent acquisition from Consul Oil and Gas (96% owned with option for further 4%) - 17 Licenses - 2 drills planned for 2011 Indonesia: Java - 3 exploration wells in 2011 (20% carry) Kalimanantan - 2 exploration wells in 2011 (5% carry) Summary, 7 wells drilling in 2011, cashed up to Q3 2012, 9m cash and access to 10m SEDA from Yorkville. RAB Capital now own 25% of Sound Oil. Large seller in background from recent placing, should be clearing soon. Many of the new shareholders are locked in for 12 months. Circular, some good stuff in here http://www.soundoil.co.uk/documents/Sound_Oil_Circular_151210.pdf Italian assets - bit over my head, but some good info http://www.soundoil.co.uk/documents/Consul_Italy_CPR_July2010.pdf Dec 2010 presentation - easy read http://www.soundoil.co.uk/documents/Consul_Acquisition_Presentation.pdf
gibby
- 13 Jan 2011 09:07
- 29 of 523
13 January 2011
For Immediate Release
SOUND OIL PLC
("Sound" or the "Company")
Operations Update - Citarum Production Sharing Contract ("PSC"), Java, Indonesia
Sound has been advised by the operator of Citarum PSC that the drilling programme of three exploration commitment wells originally planned to start in March 2011 will now not commence until the third quarter of 2011. In spite of this delay Sound is confident that the wells will be drilled within the extended first exploration period of the PSC.
Commenting on this situation Gerry Orbell, Chairman and CEO said:
"Although there will be a short delay we are very much looking forward to these Citarum wells. They will explore significant prospective resources in a new play in a well- established area of oil and gas production."
Sound Oil plc is a 20% shareholder (through its wholly owned subsidiary Mitra Energia Citarum Limited) in the Citarum PSC.
moneyplus
- 14 Mar 2011 19:27
- 31 of 523
wise buy driver imo the sp has lots of potential--one of my favourites!
someuwin
- 14 Mar 2011 20:41
- 32 of 523
Yes, this one should go a lot higher in the coming months.
10p+ by year end does not seem too taxing.
dreamcatcher
- 21 Mar 2011 18:03
- 35 of 523
Bought a small amount of these today, looking good.
dreamcatcher
- 24 Mar 2011 11:56
- 36 of 523
:-))
dreamcatcher
- 24 Mar 2011 18:53
- 38 of 523
Will move faster north when RAB have finished selling 36 million odd shares, seem to be selling large volumes today
dreamcatcher
- 25 Mar 2011 18:45
- 39 of 523
and today
dreamcatcher
- 28 Mar 2011 18:31
- 40 of 523
and today
dreamcatcher
- 29 Mar 2011 06:31
- 42 of 523
Lets all hope for a rise today, I did say hope.
dreamcatcher
- 29 Mar 2011 16:21
- 43 of 523
RAB still selling 3 million sell just gone through, should rise at a pace once RAB stop selling
dreamcatcher
- 30 Mar 2011 16:35
- 44 of 523
We are going to need some very good news soon, the way this is being sold off today.
Very strange, on news soon.