TomWinnifrith
Welsh Hovel
Greek Hovel
Woodlarks
About

All Stories

Falklands Oil & Gas – Do Investors Understand Spudding?

Tom Winnifrith
Tuesday 7 August 2012

I note that yesterday, the stock price of AIM listed Falklands Oil & Gas (FOGL) jumped by 10.25p to 85.25p ( a gain of almost 14%) after it announced that it had spudded its first well in the South Atlantic as it always said that it would do in August. To be fair there was other news as well. But I wonder how many of those who piled in yesterday actually know what spudding means?

on ADVFN | Comments

Filed under:

About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Recently Featured on ShareProphets
  1. Chill Brands – 2 very simple questions it won’t answer but should do so via RNS

     

  2. Centamin – encouraging maiden EDX drill results, Buy

     

  3. Tom Winnifrith Bearcast: Turning down a placing

     

  4. Canadian Overseas: Lucian urges people to do the maths on the blizzard of shares that could be issued

     

  5. Vast Resources and the Aprelevka spoof, morons fooled again

     

  6. Vast Resources kicks the debt can again, all it needs is for Zimbabwe to respect the rule of law and all will be well!

     

  7. Tom Winnifrith Bearcast: I know you don't believe O'Hara but here is why I expect Optibiotix to be at 100p

     

  8. BREAKING: Which leading British Politician promoted the Tingo fraud for just $90

     

  9. Disastrous news from Bushveld Minerals: karma for some of its moronic shareholders!

     

Sign up for my weekly newsletter








Required Reading
  1. Now Canada is euthanising autistic people - Spiked

     

  2. Tough quiz from the Babylon Bee: who said it VP Kamala Harris or Elmo, a real muppet

     

  3. Trump Unbonded the Brilliant Mark Steyn on just how rotten and corrupt the Democrats have made US politics

     

  4. Hastings Museum Claims Dinosaurs Have "LGBTQ History" And Birds Are "Queer": ZH

     

  5. Devi Sridhar’s Mask Gobbledegook on Full Display at the Covid Inquiry, The Daily Sceptic

     

  6. David Collier exposes the Jew hatred at the heart of BBC Verify, truly shocking

     

  7. Why not the Taliban Line? Sadiq Khan missed out: Titania McGrath

     

  8. Collapsing El Niño Spells End to Year-Long Bout of Climate Hysteria: Daily Sceptic

     


Recent Comments


I also read
  1. Caroline Glick

     

  2. Mark Steyn

     

  3. Mark Wadsworth

     

  4. Melanie Phillips

     

  5. Order Order

     

  6. Peter Hitchens

     

  7. Tim Worstall

     

  8. Wexboy

     

  9. Zero Hedge