oilwatch
- 20 Jun 2007 14:14
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.
dreamcatcher
- 30 Mar 2011 17:25
- 45 of 523
RAB dumping the shares at a great profit at every one elses expence.
dreamcatcher
- 28 Apr 2011 08:26
- 46 of 523
Good to see a 4.9% rise so far today.
dreamcatcher
- 05 May 2011 19:33
- 47 of 523
Still waiting for the rns.