Nov 30

AFC Energy is based in Surrey in the UK, near London, and is publically traded on the London Stock Exchange under the symbol AFC. It was established in 2006 to purchase technology developed by Eneco, and energy producer in the Netherlands, and has since raised capital and proceeded with development of the technology it purchased from Eneco.

AFC hopes to employ alkaline fuel cell technology in commercial applications. The company has added extensive development to existing technology, but the core technology has been known for over 150 years. Similar systems were used by NASA on the Apollo and Space Shuttle missions. At the time, however, the technology was not commercially viable due to cost.

Alkaline fuel cell technology has benefits, but challenges remain. Benefits include that it produces no harmful atmospheric emissions and has an energy conversion efficiency of 70 percent. The primary challenge to the technology is the requirement for input of pure hydrogen into the fuel cell. Producing and transporting pure hydrogen is fraught with difficulties.

AFC intends to surmount the difficulties of producing and transporting hydrogen by utilizing hydrogen that is produced as a waste product from other industrial activities and generating power on the site where the hydrogen is produced. It has developed partnerships with several firms whose facilities generate hydrogen waste products, and a reactor is currently under construction in Australia in partnership with Linc Energy. Linc Energy produces excess hydrogen from the production of coal bed methane.

The firm recently completed and has produced energy from a commercial reactor in the UK. The reactor is primarily for testing AFC’s ongoing technological advances. Eventually, the firm expects develop the technology to the point that it can produce power wherever it may be needed.

Tagged with:
Sep 07

General Information:
The Sable Mining Company is a London-based firm that specialises in mining coal deposits and iron ore deposits in underdeveloped areas of sub-Saharan Africa. The firm also invests in other natural resource deposits that the firm believes adds long-term value to the company’s holdings.

Current Holdings:
The Sable Mining Company currently holds majority interests in several coal and iron ore mines in Lubu, Springbok Flats, and other towns in sub-Saharan Africa.

The firm also is in the process of acquiring several mining permits in Bagla Hills, Mount Kakoulima and in Liberia.

Business Strategy:
The Sable Mining Company strives to locate and develop major sources of natural resources as soon as the source shows signs of profitability.

To achieve this goal, The Sable Mining Company looks for potentially profitable sources of natural resources in underdeveloped areas that have the potential to attract significant foreign capital investment or sustainable rapid growth.

Moreover, the firm also looks for opportunities to acquire permits that allow the firm to look for untapped deposits of coal or iron ore. The firm acquires these permits because they hope they can find important sources of coal or iron ore that could be developed into a sustainable asset over the long haul.

Other Important Details:
AIM Stock Symbol: SBLM.

Board of Directors:
Director: Phil Edmonds.
CEO: Andrew Groves.
Director of Finance: Andrew Burns.
Executive Director: Jeremy Sanford.

Financial Data for 2010:
Expenses: -£1,672,000.
Net Operations Income: -£2,426,000.
Total Income Loss: -£34,988,000.
Retained Earnings: -£43,198,000.
Total Equity: +£32,446,000.

Please note: All financial data have been rounded off to the nearest £1,000 for simplicity.

Contact Information:
Mailing address:
18 Park Street
London, W1K2HQ.

Phone Number: 020 7236 1177.
Fax Number: 020 7236 1188.
Email address: info@sbmf.co.uk.

www.sbmf.co.uk

Thinking of putting your Shares into a Trust Fund?  Then look no further, Try Family Investments

Tagged with:
Jun 16

Currently the UK’s leading coal mine methane producer, Alkane Energy was founded in 2006. It has had some troubles in as a company, but in recent years its business seen tremendous growth in a variety of sectors. In addition to designing, building and operating power power plants fuelled by methane gas, the company has established a significant market share in the methane extraction industry from a diverse set of sources. These sources include coal mine methane (CMM), biogas, conventional gas and landfills.

Coal Mine Methane

Abandoned coal mines are rich sources of methane gas. As experts with the complex tools and techniques used to extract methane from coal seams, Alkane Energy expects CMM to be one of its main sources of revenue growth in the medium to long term. Alkane Energy currently holds a 2% market share in coal mine methane extraction. This market is growing in size and scope.

Biogas

In 2010, Alkane Energy announced that it had begun development on its first biogas plant. Biogas plants utilise organic agricultural waste products to provide methane gas, which can then be fed through power plants to provide clean, reliable energy. By using a method known as anaerobic digestion, Alkane Energy will provide cheap energy to inhabitants of the Whitwell area in North Derbyshire. Biogas currently provides about 1% of Alkane’s total produced energy, but this is expected to grow as demand for biogas plants becomes greater throughout the UK, particularly in rural areas.

Alkane Energy has invested heavily in these two areas over the past several years and is only now beginning to see results on its balance sheet. The company is poised to take off in the Alternative Investment Markets, making it a very attractive investment for investors who want to take advantage of the growing demand for green energy.

Tagged with:
May 14
Matra Petroleum (MTA)

The company was initially named Ming Resources and was listed in 2005. In 2006, it was renamed Matra Petroleum and was given readmission to AIM after the company completed a reverse takeover of Inke Petroleum (a private Australian company) and began oil and gas exploration in Hungary.

Matra Petroleum is an oil and gas exploration and production company operating within the Russian Federation. The company is now building a portfolio of ventures and producing assets through the Volga/Urals regions of Russia.

In 2007 Matra acquired its Russian subsidiary Arkhangelovskoe which owned full rights in the Orenburg Oblast of Russia. Later in the same year, Matra discovered the Sokolovskoe Field. At the same time Delek-International Energy Limited became a significant shareholder in Matra. In early 2008 Matra exited from Hungary in order to focus on its Russian discoveries.

The Volga/Urals region contains abundant oil and gas production. TNK-BP is the largest drilling company in the Orenburg Oblast and has production in excess of 350,000 barrells per day in 2008. A large number of discovered oil fields are still either undeveloped or at least only partially developed. New areas are often being released for exploration.

Orenburg Oblast is within the Russian Federation, close to the southern border with Kazakhstan, and west of the Ural Mountains. The city of Orenburg is 1,300 km from Moscow with a population of over 500,000 people. The city is a prominent regional center particularly in the energy industry.

In April 2011 Matra announced that production has started from both wells in the Sokolovskoe Field.

Tagged with:
Feb 01
Gold Oil Plc was incorporated in 2004 to identify and develop oil and gas interests in Latin America, currently focusing on Peru, Colombia and Cuba.   The company aims to search out, evaluate, and develop oil and natural gas fields and build up capital value through the projects so that it can pay dividends to investors.

The Directors of the company have extensive experience in mergers and acquisitions, corporate management, and working with businesses in Latin America put them in a unique position to locate and evaluate investment opportunities.

Assets

Currently Gold Oil has established entry positions in Peru and Colombia, and one of its fields, Nancy, is currently producing at a rate of 300 barrels of oil per day (bopd).  The company expects to expand this production by 200-400 bopd in early 2011.

Gold Oil is in the process of exploring and analyzing two additional fields in Colombia, Azar and Rose Blanca.  In Azar Block, Gold is entering into agreements for 70 square miles of 3D seismic above one large lead area, as well as one exploration well.  in the Rose Blanca block, the company has struck a deal with a Colombian company, Montecz SA, for drilling one well plus testing.

In Peru, the company has obtained licences for two different blocks.  In Block XXI, drilling has begun on two exploratory wells; however the work in this block is on hold pending approval for environmental permits.  The licence for Block Z-34 and the Environmental Impact Assessment have been approved and 2013 kilometres of 2D seismic have been obtained.  The contract is currently on hold pending environmental permit approval for a modification of the 3D seismic grid planned for the next phase of exploration.

Gold Oil has also entered into an agreement with German company Ferrostahl for a major petrochemical development in Peru.

The company has also taken the first steps toward expanding operations to Cuban-held reserves by becoming qualified as an Onshore and Offshore Operator in Cuba.

Shares of Gold Oil Plc (GOO) are listed on the London Stock Exchange’s Alternative Investment Market and were trading at 5.22 p as of 26 January 2011.

Tagged with:
Jan 12
Global Energy Development PLC (“Global” or the “Company”) focuses its petroleum exploration and production enterprises on Latin America.  The management team is experienced in operating in the area, and the company pursues a long-term strategy of finding and developing reserves.

Global holds six development contracts, five in Colombia and one in Peru.  These contracts range from fully developed and producing oil, to the earliest stages of exploration, thus balancing the company’s portfolio between exploration, development and production opportunities.  As of December 2009, Global held 147.1 million barrels of oil equivalent (BOE) in proved plus probable reserves.  With possible reserves added in, the total is 272.9 million BOE.

Of the company’s three contracts in the Llanos basin area of Colombia, one is fully developed and producing oil; a second is at the stage of drilling exploratory wells, with several drilling projects for 2010 and 2011.  For the third contract, and for two additional Colombian contracts in the Middle Magdalena basin, the company is in the process of setting up 3D seismic exploration projects.

In their September 2010 interim report, the company reported that profits were up 63% over the previous year, based largely on oil price recovery.  This report also described Global’s ambitious 3-year plan to accelerate exploration and development of its holdings, which includes drilling 13 new wells and re-entering one well, and obtaining 3D seismic analysis of two contracts, as well as building facilities to exploit discoveries.  Global anticipates that this 3-year plan will increase its proven reserves by approximately 200 million BOE in proved reserves (current total is 60.8 million BOE).

Global Energy Development has one contract in Peru, which is poised to enter the development stage.  On 13 December 2010, share prices rose 15% upon the announcement of an agreement to farm-out 60% of Global’s interest in the Peruvian contract to Gran Tierra Energy, which will assume 100% of the operating costs.  Global retains a 40% interest in the contract.

Shares of Global Energy Development Plc (GED) are listed on the London Stock Exchange’s Alternative Investment Market and were at 110.00 p as of 07 January 2011.

Tagged with:
Nov 22

Gasol Plc is an energy resource development company operating in west Africa, primarily focusing on natural gas.  Gasol’s main goal is to form alliances with other corporations to create a supply chain for production and transport to market of liquefied natural gas (LNG), allowing for development of “stranded” natural gas assets that are isolated from existing pipelines.

Liquefied natural gas (LNG) is natural gas that has been refined and compressed to turn it from a gas to a liquid.  As a liquid, it can be transported more economically, and can be carried by ships or other means to natural gas pipelines.  There it is reconstituted into gas and distributed to markets.

Gasol was incorporated in 2005 in England and Wales, and has traded on the Alternative Investment Market (AIM) of the London Stock Exchange since 2008.

Strategic Alliances

Since 2005, Gasol has concentrated on building alliances along the LNG supply chain, from gas gathering, processing into LNG, and transporting and regassifying the LNG at entry points into high-value markets in Europe, North America, and Asia.

To this end, Gasol has formed strategic alliances with several companies already established in the energy sector in Nigeria and Equatorial Guinea, and is pursuing further opportunities in other Gulf of Guinea countries.  Current partners include:

  • Afren Plc — Gasol’s upstream partner in the supply chain.  Gasol holds exclusive right of first refusal to buy and market their natural gas production.
  • Teekay Corporation — Partner for developing floating LNG production facilities, pipelines, and other infrastructure and transport solutions.
  • E.ON Ruhrgas AG — Partner in Nigeria.
  • Electricite de France — Partner in Gulf of Guinea countries other than Nigeria.

Recent Developments

In June 2010 Gasol Plc completed a strategic review of its current and future goals.  The review concluded that the company will continue to pursue its current supply-chain-focused strategy which emphasizes transport of natural gas to markets outside of Africa, but will add a second strategic track that will concentrate on using natural gas resources for electrical generation within Africa.  The company finds that the two parallel strategies are complimentary and by adding the latter track, will potentially net more and faster income to the company.

Shares of Gasol Plc (GAS) are listed on the London Stock Exchange’s Alternative Investment Market and were at 1.02 p as of 18 November 2010.

Tagged with:
Nov 17

Forum Energy Plc (“Forum”) is a gas and oil exploration and production company based in the UK. Its main area of operation is the Philippines. Forum was created in 2005 from the consolidation of the Philippine oil, gas and coal assets of Canadian company FEC Resources, Inc. and UK-based Sterling Energy Plc into one corporation.

Forum Energy Plc was admitted to trading on the Alternative Investment Market of the London Stock Exchange in 2005.

Assets

Forum holds a balanced portfolio of interests in oil and gas fields in the Philippines. These include:

  • A 2.27% interest in NW Palawan, which contains the Galoc field, currently producing over 8000 barrels of oil per day. This production provides income for the company and helps fund exploration of its higher risk, higher potential interests.
  • A 66.7% interest in Block SC40 (Cebu), a service contract containing the onshore Libertad gas field and Maya oil discoveries. Exploration of the area using gravity survey is underway.
  • A 70% interest in Block SC72 (formerly GSEC 101), located off the northwest coast of Palawan Island in the Philippines. This contains the Sampaguita gas field discovery, which has potential to be one of the most significant natural gas finds in recent years. In 2006 interpretation of 3D seismic data indicated a range of gas-in-place up to nearly 20 trillion cubic feet (TCF). Further testing and the drilling of 3 exploratory wells has confirmed a mean volume of 3.4 TCF gas in place.

Recent Developments

In February, 2010, Forum Energy Plc was awarded the Service Contract for GSEC 101 and is continuing exploration and analysis of the area in preparation for further development.

In addition to the confirmed reserves, which contain up to 10 TCF gas in place, there are unexplored areas of the block which can potentially double the amount of gas in place. Under the terms of the service contract, Forum has committed to spend a minimum of $3 million in further exploration (continuing seismic data gathering plus appraisal wells) over the next 18 months, and is projected to invest significantly more, subject to funding being raised.

Shares of Forum Energy Plc (FEP) are listed on the London Stock Exchange’s Alternative Investment Market and were at 50.30 p as of 16 November 2010.

Tagged with:
Nov 04

Faroe Petroleum Plc focuses on exploration, evaluation and development of oil and natural gas field opportunities in the Atlantic Margin, North Sea and Norway offshore regions.

Faroe Petroleum Plc was founded in December 2002, and its shares were admitted to trading on the Alternative Investment Market of the London Stock Exchange in June 2003. Since acquiring its first UK licence in 2004, Faroe has increased its portfolio from two licences near the Faroe Islands to one that includes holdings in the Faroes, UK West of Shetlands, Norway and the UK southern North Sea.

Major Assets

The Company works to develop and invest in a varied assortment of operated and non-operated properties, and holds a portfolio of exploration and appraisal assets in the Atlantic Margin, North Sea, Norwegian Sea and Barents Sea. The portfolio balances between higher risk/higher reward assets in the Atlantic Margin and deep water off Norway, lower risk/lower reward assets in the North Sea, and development and production holdings in offshore UK and North Sea areas.

Faroe Petroleum has partnered in joint ventures with companies such as BP, Chevron, DONG, Eni, E.ON, OMV, RWE, and Statoil.

Latest Developments

Faroe Petroleum announced in November, 2010 that an exploration well drilled in the Licence 005 area off the Faroe Islands had reached its full depth and had found “robust evidence of the presence of an active petroleum system.” Further analysis is under way. In addition, the company announced that drilling has begun on a new Lagavulin well in the Atlantic Margin area, located in an area with estimated reserve potential of more than 500 million barrels of oil equivalent. Lagavulin is one of the Atlantic Margin’s largest undrilled expanses. The well is expected to take around 120 days to complete.

In October, 2010, the company also announced that it was provisionally awarded 4 new licences in the West of Shetlands offshore area in the UK 26th Licencing Round, adding to its assets in an area where Faroe Petroleum is already active and knowledgeable.

The Company has offices in Aberdeen, U.K.; Stavanger, Norway and Torshavn, Faroe Islands.

Shares of Faroe Petroleum (FPM) are listed on the London Stock Exchange’s Alternative Investment Market and were at 172.25 p as of 29 October 2010.

Tagged with:
Nov 01

Tomco Energy (TOM): Constant Share Prices and Good Market Decisions

Tomco Energy (TOM) is a company that is based in Douglas in the United Kingdom. However, they have numerous businesses that take place in the United States, including owning an oil shale reserve in Utah. The main business goal of Tomco Energy is to acquire participation in the shallow producing oil wells and for the prospect of drilling for oil.

The chief executive officer of Tomco Energy is Mr. Stephen Komlosy, while Mr. John Joseph May serves as the financial director and Mr. John P Ryan serves as the commercial director.

Tomco Energy has many hands in the oil world. The company is very dominant in the Israel area in which they have an estimated 100 million barrels of reserve oil that can be used for world consumption. The deals that Tomco Energy has made with Israel over the course of their involvement has many times made headlines as they have replaced many top officials in their companies and have resulted to taking out loans to cover expenses that have popped up. However, this has not had any major effect on the cost of shares for those holding Tomco Energy (TOM) stocks and shares.

Historically, the cost of shares for Tomco Energy have been constant, and not suffered from any decreases or gained from an increase in costs. This makes Tomco one of the best companies to invest in as they have a constant share cost. This data is according to the London Stock Exchange information that is on hand and is the most current available. The LSE listed the TOM share price at 0.35, which was the same amount as the day before. Overall, with the field that Tomco Energy is in and the current data concerning shares, it is reason to believe that Tomco Energy is a company that is a constant in the market and will remain so in the future.

Tagged with:

preload preload preload