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Solo Oil could go So high ! (SOLO)
skyhigh - 19 Oct 2009 08:28
From the Financial Times this weekend
Solo Oil , which is chaired by David Lenigas, rose 15.4 per cent to 0.75p on talk it was close to announcing its first deal.
I'm on board this morning..good story developing here (imho) ... onwards and upwards... anyone else in ?
js8106455 - 18 Feb 2015 10:29 - 406 of 429
skinny
- 18 Mar 2015 07:04
- 407 of 429
Solo is pleased to announce that its technical alliance partner in the Horse Hill discovery in the UK Weald Basin, UK Oil and Gas Investments plc ("UKOG"), has released a significant update on the technical work being conducted by UKOG on behalf of Horse Hill Developments Limited ("HHDL") in alliance with NUTECH Ltd ("Nutech").
UKOG have announced that ongoing well analysis of the Horse Hill-1 well ("HH-1") with Nutech has identified that, in addition to the previously reported 102 feet of Portland sandstone gross oil pay, a further 407 feet of potential net oil pay exists within limestones and claystones of the Kimmeridge Clay ("Kimmeridge"), Oxford Clay ("Oxford") and Middle Lias ("Lias") Formations calculated from electric logs.
skinny
- 01 Apr 2015 07:09
- 408 of 429
The Company has been informed by operator Aminex plc that the Tanzanian Petroleum Development Corporation ("TPDC") have formally reported that the regional pipeline connecting Dar es Salaam to Mnazi Bay is now complete and that hydrostatic pressure testing will begin shortly. The construction of the processing plant on Songo Songo Island is reported by TPDC as approximately 95% complete and it is expected that commercial production of gas from Kiliwani North will commence late in the first half 2015 with stabilized production rates achieved during the third quarter 2015.
Neil Ritson, Solo's Chairman, commented:
"The project remains on track for first commercial sales in the mid-year and once the gas sales agreement comes into force we will consider our option to double our interest in the project from 6.5% to 13%."
skinny
- 09 Apr 2015 07:05
- 409 of 429
Solo is pleased to announce that its technical alliance partner in the Horse Hill discovery in the UK Weald Basin, UK Oil and Gas Investments plc ("UKOG"), has released a significant further update based on the technical work being conducted by UKOG on behalf of Horse Hill Developments Limited ("HHDL") in alliance with Solo and NUTECH Ltd ("Nutech").
UKOG has announced that it has discovered a potentially significant Jurassic petroleum resource in the UK's onshore Weald Basin within the Horse Hill Licences. This is in addition to the previously reported Upper Portland oil discovery in which the Solo has a 6.5% interest.
US-based Nutech, one of the world's leading companies in petrophysical analysis and reservoir intelligence, estimate that the Horse Hill-1 ("HH-1") well indicates a total oil in place ("OIP") of 158 million barrels of oil ("mmbo") per square mile, excluding the previously reported Upper Portland Sandstone oil discovery.
Nutech's report states that this OIP lies within a 653 feet aggregate net pay section, primarily within three argillaceous limestones and interbedded mudstones of the Kimmeridge, and additionally in the mudstones of the Oxford and Lias sections. Approximately 72% of the OIP, or 114 mmbo, lies within the Upper Jurassic Kimmeridge interbedded limestone and mudstone sequence. The Executive Summary of the Nutech report is appended in full below.
In order to establish estimates of total OIP within the 55 square mile licence area further analysis work is ongoing under the contracted alliance between Nutech, UKOG and Solo. The results of the estimated OIP within the licence will be reported when completed.
Final assessments of the Upper Portland Sandstone, and the Oxford and Lias sections, are in progress, with further results expected shortly.
more....
skinny
- 09 Apr 2015 07:27
- 410 of 429
Hiram Abif - 09 Apr 2015 11:44 - 411 of 429
Expect SP manipulation and tree-shake to weed out weak investors. I think a significant short term re-rating upwards of the SP is due soon. This is only the beginning IMO.
Hold tight and keep your nerve, - expecting a bumpy SP ride over next few weeks / months.
DYOR
HAb
js8106455 - 11 May 2015 10:03 - 412 of 429
skinny
- 14 May 2015 07:10
- 413 of 429
Solo is pleased to announce that Aminex plc ("Aminex), operator for Solo's various interests in Tanzania, has today announced that a detailed technical evaluation of the Kiliwani North Development Licence (KNDL") and the Ruvuma Petroleum Sharing Contract ("PSC") assets has been completed by Senergy (GB) Limited ("LR Senergy") on behalf of their operated joint ventures.
Highlights:
Kiliwani North Development Licence (6.5% working interest)
· Gross mean gas initially in place ("GIIP") of 44 billion cubic feet ("bcf") of which gross 28 bcf has been booked as best estimate (2C) contingent resources
Ruvuma PSA (25% working interest)
· Ntorya-1 discovery attributed gross 153 bcf mean GIIP of which gross 70 bcf booked as best estimate (2C) contingent resources
· Total gross mean GIIP for discovered and undiscovered resources of 4.17 trillion cubic feet ("tcf")
· Four main leads (Ntorya Updip, Namisange, Likonde Updip, Sudi) high graded to drillable targets and attributed total gross 3 tcf mean GIIP
· Basin remains significantly underexplored according to international standards with further potential in various plays
Upon the signing of a Gas Sales Agreement ("GSA") in the KNDL, which is expected prior to gas delivery, the Kiliwani North-1 resources are expected to be upgraded to a reserves category. Further appraisal of Ntorya-1 and agreement to a development plan may also allow resources from that discovery to progress to reserves over time.
Solo holds the right to acquire an additional 6.5% working interest in the KNDL for a payment of US$3.5 million within 30 days of the signing of the relevant GSA.
LGriffith - 14 May 2015 12:29 - 414 of 429
mentor - 22 May 2015 10:27 - 415 of 429
a bit movement up and then down again, today is up
6 May 2015 - Solo Oil plc
Issue of Shares and TVR
Further to the announcement on 29 April 2015, in relation to the transaction with Burj Petroleum Africa Limited ("Burj Africa"), the Company announces that it will be issuing to Burj Africa forthwith 39,750,000 new ordinary shares in the Company at an issue price of 0.51 pence per share.
Hiram Abif - 01 Jun 2015 14:44 - 416 of 429
Will continue to surf SP and top up, prior to news decision outcome at end of June.
DYOR
HAb
skinny
- 01 Jun 2015 14:46
- 417 of 429
skinny
- 04 Jun 2015 07:34
- 418 of 429
Announcement regarding temporary suspension
The Company has requested the temporary suspension of trading in its shares, pending an announcement which is expected shortly in relation to its interests in the Horse Hill-1 well.
HARRYCAT
- 04 Jun 2015 08:03
- 419 of 429
skinny
- 05 Jun 2015 07:03
- 420 of 429
Solo is pleased to note the announcement by UK Oil & Gas Investments PLC ("UKOG") that Schlumberger, acting in an advisory capacity to UKOG, has independently evaluated the unconventional oil potential of the Horse Hill-1 well ("HH-1"), located in PEDL137 in the Weald Basin near to London Gatwick Airport, where the Company has a 6.5% interest.
Schlumberger has estimated a gross overall oil in place ("OIP") for the Jurassic section of the well to be approximately 271 million barrels of oil ("mmbbls") per square mile. A total of 255 mmbbls gross OIP lies within the tight limestone and mudstone plays of the Kimmeridge, Oxford Clay and Lias. The balance is in the Upper Portland Sandstone discovery previously announced. This figure of 255 mmbbls per square mile can be compared with the OIP estimated by NUTECH Ltd ("Nutech") and previously reported in April 2015 as gross 158 mmbbls per square mile.
Oil in place hydrocarbon volume estimates should not be construed as recoverable resources or reserves.
more....
skinny
- 18 Jun 2015 07:14
- 421 of 429
Further to the report provided to UK Oil & Gas Investments PLC ("UKOG") and Solo by Nutech in relation to the Horse Hill-1 ("HH-1") well in the Weald basin, previously announced in April 2015, Solo has been advised that Nutech has now provided UKOG with an additional independent report of the estimated oil in place ("OIP") contained within the 55 square mile area covered by the Horse Hill licences (PEDL 137 and PEDL 246) ("Horse Hill") near Gatwick Airport, south of London, where Solo holds a 6.5% net attributable interest.
The new study calculates that the total Jurassic mudstone and tight limestone section of the Horse Hill licences contain a best estimate oil in place ("OIP") of 9,245 million barrels ("mmbbls"). The most significant OIP within the Jurassic section is contained within the mudstones and tight limestone sequences of the Kimmeridge Formation, with a calculated best estimate total Kimmeridge OIP of 5,230 mmbbls.
This evaluation does not include the OIP for the Portland Sandstones, which has already been evaluated independently by Xodus Group and announced on 11 May 2015. The calculated OIP figures estimated by Nutech should not be construed as contingent resources or reserves.
more....
js8106455 - 12 Aug 2015 13:41 - 422 of 429
skinny
- 26 Aug 2015 07:02
- 423 of 429
Bullshare
- 23 Oct 2015 12:52
- 425 of 429
Shares Investor Evenings showcase up to four presentations from leading companies bringing them together in one room for one evening only.
Directors present their latest plans regarding development and growthAn opportunity to talk directly to the companies and personally put forward your questionsThe chance to network with other attendees over drinks and canapés - private investors, wealth managers, private client brokers, fund managers and financial institutionsThe evening exposes investors to companies across various sectors. Perfect for existing investors as well as those looking for new investment opportunities.
Thursday 19th November 2015
Venue:Novotel Tower Bridge, London EC3N, 10 Pepys Street, London, EC3N 2NR
Event Timings:| 18.00 | Registration and coffee | |
| 18.30 | Presentations • David Reading, CEO & Director - Aureus Mining (AUE) • David Hornsby, CEO - Ideagen (IDEA) • Dr Jim Phillips, CEO - Midatech Pharma (MTPH) • Neil Ritson, Chairman - Solo Oil (SOLO) + More to be announced | |
| 20.30 | Drinks reception and canapés | |
| 21.30 | Close |
 | Aureus Mining Inc, through its subsidiaries, is engaged in the exploration and development of gold deposits in highly prospective and under-explored areas of Liberia and Cameroon. Aureus Mining’s activities are currently concentrated on the development of the New Liberty Gold Project in Liberia. The Company also owns 100% exclusive rights to the Weaju, Gondoja, Ndablama and Leopard Rock projects in Liberia and to the Batouri gold project in Cameroon. Our Vision is to be an African mid-tier gold producer with a brand recognised for sustainability, innovation and good relationships with the local communities. |
 | Ideagen Plc is a supplier of compliance based Information Management software with operations in the UK and the United States. We specialise in eGRC (Enterprise Governance, Risk and Compliance) and Healthcare solutions for organisations operating within highly regulated industries. As authors of an excellent portfolio of software products, Ideagen is able to provide complete content lifecycle solutions that enable organisations to meet their Regulatory and Quality Compliance standards, helping them to reduce costs and improve efficiency. Our Mission Statement is: “To enable our clients to improve their organisations by providing the tools which can help improve customer service, increase efficiency, reduce risk, enhance compliance, and lower costs". |
 | Midatech is a nanomedicine company focused on the development and commercialisation of multiple, high-value, targeted therapies for major diseases with unmet medical need. It is advancing a pipeline of novel clinical and pre-clinical product candidates based on its proprietary drug conjugate and sustained release delivery platforms with a clear focus on the key therapeutic areas of diabetes, cancer and neuroscience/ophthalmology. Midatech’s strategy is to develop its products in-house in rare cancers and with partners in other indications, and to accelerate growth of its business through strategic acquisition of complementary products and technologies. |
 | Introducing Solo Oil - Oil and gas Investment company- Listed on the London AiM Market (SOLO) Objectives To acquire and develop a diverse global portfolio of oil & gas assets Portfolio Non-operated oil & gas assets: - Major stake in the prolific Ruvuma Basin, Tanzania- Interest in Kiliwani North (KNDL), Tanzania- More than 5 tcf of prospective resources identified in Tanzania- Ntorya-1 (Tanzania) discovery flowed 20 mmscfd and 139 bopd- Participation in UK Weald Basin exploration projects, including Horse Hill- Strategic investment in Burj Africa, West Africa- Enhanced Oil Recovery project in Ontario, Canada |
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