Nautical Petroleum Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9673120
All IMHO. By Emerald Carrots ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9673120&action=detail Wed, 23 May 2012 12:52:00 GMT Emerald Carrots tag:iii.co.uk,2003:tst.9670014 http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9670014&action=detail Tue, 22 May 2012 15:34:00 GMT MALBRAD tag:iii.co.uk,2003:tst.9665786 All IMHO. By Emerald Carrots ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9665786&action=detail Mon, 21 May 2012 14:31:00 GMT Emerald Carrots tag:iii.co.uk,2003:tst.9661375 15% of the North Sea Catcher oil discovery.
25% of North sea Kraken oil discovery.
6% of north Sea Mariner oil discovery.

Interesting document about Mariner:
http://www.achilles.com/Documents/Scheme%20Documents/UK/Oil%20&%20Gas/Mariner%20Project.pdf

Seems to me NPE is probably worth more than double the current sp. I have been saying for some time NPE is likely to get bought and that view has not changed. An offer of say £5 per share would be difficult for the board to fend off considering the share price performance over the last 6 months or so. If the other North Sea oil producers are doing their job (producers should be AWASH with money considering the oil price) they should be considering making a bid here as NPE is obviously severely undervalued in my opinion.

All IMHO. By Emerald Carrots ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9661375&action=detail Sat, 19 May 2012 12:55:00 GMT Emerald Carrots tag:iii.co.uk,2003:tst.9660218
Big Chef. By big chef ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9660218&action=detail Fri, 18 May 2012 19:31:00 GMT big chef tag:iii.co.uk,2003:tst.9659186
All IMHO. By Emerald Carrots ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9659186&action=detail Fri, 18 May 2012 15:00:00 GMT Emerald Carrots tag:iii.co.uk,2003:tst.9633967 I'm sure you are right re both Encore and NPE. I did very well with Encore but then had to cut losses quickly but still ended up with a rump at over £3 a share! Thank you for the reference to SQZ a company that I do not immediately recognize. I will look them up as I need to review the news flow time lines on all my shares when I get some spare time.
Regards
Malbrad By MALBRAD ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9633967&action=detail Sat, 12 May 2012 13:34:00 GMT MALBRAD tag:iii.co.uk,2003:tst.9632242
Aside from Bently being more viscous, it also has underlying water. This will result in early water breakthrough. To dAte no owc has beeb seen at Kraken.

The above shall mean considerably less wells to develop at Kraken

W$ By Wellsite ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9632242&action=detail Fri, 11 May 2012 15:09:00 GMT Wellsite tag:iii.co.uk,2003:tst.9632241
Aside from Bently being more viscous, it also has underlying water. This will result in early water breakthrough. To dAte no owc has beeb seen at Kraken.

The above shall mean considerably less wells to develop at Kraken

W$ By Wellsite ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9632241&action=detail Fri, 11 May 2012 15:09:00 GMT Wellsite tag:iii.co.uk,2003:tst.9632002
I noticed on the SQZ RNS today that spaniards is still on the cards for Q3 this year. This is another heavy oil project which should be to Nautical's strength. By killermanjarrow ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9632002&action=detail Fri, 11 May 2012 14:24:00 GMT killermanjarrow tag:iii.co.uk,2003:tst.9631906
I also lost money on Encore and I think the big difference is that Encore were clearly in the market to be taken over whereas Nautical have the cash and assets to reject any low ball offers.

http://www.offshore-mag.com/articles/print/volume-68/issue-8/north-sea/investors-closing-in-on-heavy-oil-in-uk-sector-far-north.html
By killermanjarrow ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9631906&action=detail Fri, 11 May 2012 14:02:00 GMT killermanjarrow tag:iii.co.uk,2003:tst.9631698 I am pleased to see Carnaby underway and at a time of year when the weather might be reasonable. I admit to being puzzled about why the City is more relaxed about the technical aspects of Kraken than it is about Bentley, as there are clearly a lot of similarities. I did quite well out of Xcite in2010-11 but then bought too many at an average of £2.11 so am well down on them at the moment. Like you I think it will come good in the end provided a cheap take -over bid does not come along. I made a loss on Encore because of it being taken over for well below what I paid- not an experience I want to repeat with any of my current holdings. Let us hope that NPE is allowed to carry on doing what it does so well. By MALBRAD ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9631698&action=detail Fri, 11 May 2012 13:16:00 GMT MALBRAD tag:iii.co.uk,2003:tst.9631327
I'm also long in Xcite and Bowleven (averaging around 130p in both). Of all of my oilies I'd say I have most confidence in Nautical and Ithaca in terms of both weathering any major economic fallout from the Euro. Xcite will surely come good in the end (although I can't say I've ever enjoyed the ride) and the progress with Bentley will be interesting from a Kraken perspective.

Good luck with yours!
kmj By killermanjarrow ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9631327&action=detail Fri, 11 May 2012 11:53:00 GMT killermanjarrow tag:iii.co.uk,2003:tst.9631140 http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9631140&action=detail Fri, 11 May 2012 11:14:00 GMT Field Marshall Lodl tag:iii.co.uk,2003:tst.9630497 http://www.investegate.co.uk/article.aspx?id=201205110943251595D&fe=1 By Ian5 ]]> http://www.iii.co.uk/investment/detail?code=cotn:NPE.L&display=discussion&id=9630497&action=detail Fri, 11 May 2012 09:08:00 GMT Ian5