Category Archives: encore oil

As you all know Encore oil were favoured and called by the blog many moons ago (along with Npe/Gkp[/Premier etc.) and it has been a terrific success by any business standard. We’ve witnessed the stock value treble hitting 150p+ on several occasions. Encore oil are hugely undervalue and in my opinion should have traded up to 200p. The problem we’ve all got at the moment is the fear that there’s going to be another huge dip into recession which will hit AIM stocks hard. There’s no doubt that the Catcher North drill has been significantly de-risked and if successful will add more value to Encores’ stock and as Encore prove up more of their asset base the on/off Takeover talks that have been widely whispered here in the city of London should flesh out the SP. Premier are beginning to be touted as the lead movers from our sources, But as … read more

News is circulating re’ the Varadero well that oil sands may have been encountered as of yet they are unconfirmed raw-data. This is what is pushing the sp along with an unusual theory re’ Wintershall, Premier and Nautical all rumoured to be possibily about to throw their hat into the ring re’ Encore assets!

As of now the market is expecting news as the 20 day Varadero drill time frame fast approaches. Alerts have been set by the sector watchers.

Eyes on here.

Hola!

Dan… read more

As you are all aware the Galaxy II is now well underway (as foretold here) and on route to Varadero. This next phase of the Catcher drill should see Encore’s sp rise as you’ll note it is currently slowly trending up and is still way under broker targets. These are certainly under-performing at the moment and any further good news is expected to push them over 200p pre takeover news. Remember that there is a minimum 300p takeover target here and this could rise on further OIP UPGRADES re’ Cladhan/Catcher.

I like Encore Oil and I like the management. I like them so much that I tried to arrange a £1,000,000 loan facility with my bank (Lloyd’s!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!) last Monday! After 30 minutes of negotiating it became apparent that there was no way forward. I did place as collateral the equity in my newly acquired flat and all of my portfolio … read more

With the rig now on its way to the  drill site>Varadero location on Block 28/9.e< now is the time to take stock here and dig in for what promises to be a truly exciting time for Encore investors.

News from the city varies on just where the  Encore sp will be after the next set of drilling results expect a steady increase as the campaign gets well and truly underway. A 300p minimum sp is expected to be hit over the next few months as Encore yet again prove up the Catcher discovery. Estimates and rumours of more OIP are doing the rounds in the city of London.

As you’re all aware the blog has been on a fantastic roll over the last 6 months with huge gains foretold and coming to fruition on ALL of the stocks high-lighted. Some have tripled some have doubled while some have increased from … read more