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Forum List » Small Cap, Spin-Off, Risk Arbitrage Share value ideas with market cap of a few billion or less. Spin-off, and risk arbitrage plays.  
FOGL.L (Falkland Oil and Gas)
Posted by: Proselenes
(IP Logged)
Date: January 1, 2012 09:04AM
Got to be one of the most exciting stocks for 2012, so have a read of this write up for the potential that is there. [boards.fool.co.uk] .
Re: FOGL.L (Falkland Oil and Gas)
Posted by: Proselenes
(IP Logged)
Date: January 2, 2012 02:43AM
Same write up but with a couple of very minor corrections (eg 20% of 20 is 4 not 2...:) ) On Stockopedia. [www.stockopedia.co.uk] .
Re: FOGL.L (Falkland Oil and Gas)
Posted by: Proselenes
(IP Logged)
Date: January 3, 2012 10:07PM
Its a little out of date with the information as its old, but here is some detail on the production at the Marlim field offshore Brazil in the Campos Basin, which has been ongoing for years now. The Campos Basin is the analogue for Loligo/Nimrod/Vinson etc.. - with the targets at Loligo/Nimrod/Vinson all expected to have oil in the 18API to 25API range (production at the offshore Marlim field is 17API to 22API) [www.offshore-technology.com] .
Re: FOGL.L (Falkland Oil and Gas)
Posted by: Proselenes
(IP Logged)
Date: January 14, 2012 04:31AM
Post this placing this is where we stand imo : BOR Number of shares: 428.58m Share Price: 70.75p Cash: $197 million / £128.88m Market Cap:£306.43m FOGL Number of shares: 320m Share Price: 45p Cash: $223 million / £145.89m Market cap: £144m Loligo risked per share is now £13.13 Loligo unrisked per share is now £89 (based on P50 4.7 billion recoverable bls) Scotia risked per share is now £2.79 Scotia unrisked per share is now £18.93 (based on P50 1 billion recoverable bls) FOGL main prospects risked is now £44.71 per share FOGL main prospects unrisked is now £303 per share And for fun : FOGL top 100 prospects is risked £224.98 per share FOGL top 100 prospects unrisked is now £1524.76 per share
Re: FOGL.L (Falkland Oil and Gas)
Posted by: Proselenes
(IP Logged)
Date: January 21, 2012 09:49PM
Rig has arrived safely and is now east of the Falklands Islands in Falklands waters, in the Berkeley Sound. [www.marinetraffic.com] So spudding of BOR's first well is now due very soon. Should BOR strike the impact on both BOR and FOGL will be immense (more so to BOR but in no small way to FOGL as well at this stage given their market cap is half of BOR at the moment).
Re: FOGL.L (Falkland Oil and Gas)
Posted by: Proselenes
(IP Logged)
Date: January 21, 2012 10:47PM
The more big names getting involved the better for all Falklands companies. My guess is they are looking into the situation ahead of the southern drills, using RKH's show as an excuse to take a look at the whole set up there, for the southern drills are big enough to warrant a big name getting involved, if the SFB drills by BOR and FOGL strike oil.
www.thesundaytimes.co.uk/sto/business/Industry/article860553.ece Texans fly into Falklands for Rockhopper talks Ben Marlow and Danny Fortson The Sunday Times Published: 22 January 2012 The American oil giant that partnered BP on the ill-fated Deepwater Horizon oil platform is considering a move on Rockhopper, the Falklands explorer. It is understood that a team of executives from Anadarko Petroleum, the $40 billion oil group, flew to the Falklands last week to meet......................................
Re: FOGL.L (Falkland Oil and Gas)
Posted by: Proselenes
(IP Logged)
Date: January 27, 2012 11:43PM
[www.proactiveinvestors.co.uk] ............Falkland Oil and Gas (LON:FOGL) also emerged among the most actively discussed companies on bulletin boards. Investors were focused on the upcoming drilling campaign by fellow Falklands operating firm Borders & Southern (LON:BOR), which will target the Darwin prospect. Darwin is similar to several prospects owned by FOGL including Inflexible and Thulla. Should the first well targeting Darwin be a success, it will significantly de-risk FOGL’s prospects ahead of its drilling programme, which will kick off once the Leiv Eiriksson rig is released by Borders & Southern.............
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