2012 June

The sharehub gets all kinds of posts from pi’s and unknowns – some are just too ridiculous to post and this ‘place’ as many will know is specifically intended as an oasis compared to the lively and generally emotional Bulletin Boards. It’s not easy to read and absorb certain private investor comments on bulletin boards …

A good set of finals from San Leon – full results can be viewed here Some investors would not be criticised for expecting an ops update alongside these results and whilst that detail was lacking (largely due to recent RNS’s) the below note on the current Talisman drill was very encouraging. “We are currently drilling …

Plans to modify the Italian offshore drilling ban has begun which is a big positive for PetroCeltic (part of the 2012 Hotlist). The stock has been under pressure of late as investors seek out more active ‘news’ worthy stocks. PCI achieved much of their exploration goals in 2011 which saw huge success with their Algerian …

Cash is king at present and small caps with funding hurdles ahead of them – are struggling as future cash/ lending looks very hard to come by. The sale of circa £8mln is close to 10% of San Leon’s market cap and not surprisingly – the market had not added very much value in for …

Gulf Keystone announces preliminary results from the SH-5 well which TD’d around 6 weeks ago. The update is the first in almost 2 months – a news void that has done little to help the falling sp and left many investors venting steam and frustration. Today’s update is unlikely to placate the hardcore investors as …

Great update from San Leon today. Investors will be pleased with the results as will the Polish Government who have seen Exxon desert them recently. The latter are believed to have moved out of Poland due more to some ‘attractive’ carrots being dangled by neighbours; Russia. Shale gas is very much in its infancy at …