AIM Soiree Butler Andes Energia AEN.L

Andes EnergiaAndes Energia plc is a Latin American energy group active in electricity distribution, hydro-electric power generation and oil and gas exploration and production.

Andes Energia is trading above the moving 50 day average and above the moving 200 day average on above-average volume.
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  • Re: Something happening? by waytogo333
    Mon, 13 Oct 2014 11:13:00 GMT

    Other than the recent dilution for financing the Columbian assets, every update has been positive since the share price peak.or am I missing something? By waytogo333
  • Re: Something happening? by IAmShareCrazy
    Mon, 13 Oct 2014 08:50:00 GMT

    Something has been happening since it peaked around 70p. Keep an eye on the charts and fundementals! By IAmShareCrazy
  • Something happening? by waytogo333
    Mon, 13 Oct 2014 08:18:00 GMT

    Something happening that we don't know about???....all sells this morning and down 12% as we speak.

    Not aware of any reason for this....any ideas anyone? By waytogo333
  • Volume by waytogo333
    Mon, 18 Aug 2014 15:51:00 GMT

    Bit more volume than usual today and a nice 8% rise in SP.

    Maybe that update is on its way? By waytogo333
  • Update required by waytogo333
    Mon, 23 Jun 2014 14:45:00 GMT

    Could really do with some test results news to stop this slide. Presuming its a 'no news' slide, as nothing's changed regarding the discovery and no dates have been missed.

    Excellent potential IMO and only wish I'd traded it when around the top. Still, I'm more of an investor and in for the long term. Would think a definate buy at this price, but DYOR. By waytogo333
  • Re: Grim by dickie3times
    Tue, 17 Jun 2014 23:06:00 GMT

    We're being 'shorted'...imo

    UPdate
    Thanks for all your support. We are now at 4,178 votes!

    (that's A LOT of irate investors!)

    Investors are saying something? They are voting in their thousands !


    HMGovt epetition, make short selling illegal !

    (or at least better regulated)

    * cast your vote here....
    link

    * read more -( a lot more ! )
    link

    Bookmark the links if you wish to 'pass the LINK/s on'.... or read later?

    BE A PART OF IT



    # The big problem with shorting is that THEY (the shorters) WOULD most likely lose most of their money IF they just 'bet' on the price going down without trying to 'help' it down?

    So, there is the 'catch 22' scenario. No one would know of an RNS to be released that will contain BAD NEWS, if they did and then 'shorted' the stock, then they are guilty of 'insider trading'.

    The only sure way to short a stock and WIN is to spread dis-information to defame the company with help from other posters that are in concert with them. To ENSURE that they don't lose the biggest part of their 'short', ironically, then, they must deramp with (seemingly) believable posts.

    When the pro's do it, they simply get the media or well known 'crooked' tipsters, analysts or brokers to do it for them. (say no more). .They're all in cahoots with each other!


    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    The campaign against shorting is for the benefit of the 'cheated' investors that cannot control their investments due to the dirty tricks played out by co-ordinated deramping in order to tank the sp to abnormally low levels.

    When the campaign is complete, the results will be reviewed by Govt legislators re- further action! The branch of the FSA ie FCA will be asked by Davide Serra to conduct an investigation into short selling practices, with the view to either an outright ban on short selling or at the very least to be better and more vigorously regulated.

    The HMGovt epetition is a regulated site with legal authority that will NOT under any circumstances allow any auspicious individuals to prevent 'others' from casting their free votes. Discussions of which are freely entered into with individual viewpoints.

    By dickie3times
  • Grim by waytogo333
    Fri, 06 Jun 2014 13:53:00 GMT

    Pretty grim slide in Sp since news of the discovery. Would have thought that we were due news soon on the outcome of the Geochemical data analysis? By waytogo333
  • Re: Beware short selling 'raiders' ... by dickie3times
    Mon, 19 May 2014 20:48:00 GMT

    UPDATE....3,136 signatures.and rising fast?

    Momentum is gathering pace and this campaign is moving faster than was ever anticipated, thanks to all of you that voted and POSTED over the link.

    NB The fact that these e-petitions require 100,000 signatures is not so important. THAT figure is required in order to get the GOVERNMENT to take ACTION!

    link
    What we are after is for the FCA to act and do something about organized short selling and we believe THEY WILL do so on just a fraction of the votes required. 12,000 votes by August 24th 2014 is possible and that is our TARGET !

    7,000 votes could be enough for the FCA to consider this cause? TO IGNORE that amount of investors would be bad policy?

    MP and adviser to the GOVT on banking, Davide Serra is lobbying Parliament to ACT !
    link

    HE wants ACTION by the FCA to do SOMETHING !

    With the numbers of votes growing DAILY this campaign could be a useful lever for him to put pressure on the Govt to intervene and either make a ruling themselves, or put pressure on the FCA.
    Bringing AWARENESS to this diabolical practice is the most important issue here?
    IF the FCA does nothing at all, then in time AIM could be affected badly as investors sell up FOR GOOD?

    did ya vote?
    link

    IF EVER THERE WAS A CASE FOR BANNING SHORT SELLING THIS IS IT. NOW IS THE TIME TO END IT AND MAKE IT ILLEGAL !

    link By dickie3times
  • Beware short selling 'raiders' ... by dickie3times
    Fri, 25 Apr 2014 23:25:00 GMT

    Short selling should be banned. Petition:

    https://submissions.epetitions.direct.gov.uk/petitions/62851

    Investors may research a company for years and when they are satisfied that the company is fundamentally sound and had taken investment advice. They then proceed to invest their life savings for their retirement.
    NO ONE SHOULD BE ALLOWED TO SHORT A STOCK THUS DEPRIVING OTHER INVESTORS OF THEIR LIFE'S SAVINGS, WHEN FUNDAMENTALLY, NOTHING HAS CHANGEDdividends can also be affected by this diabolical practice !


    You may be one of those that had benefited by the shorters that deliberately joined forces to pull down QPP by publishing libelous articles, however, this is not just about QPP.
    IT's about every stock on AIM and who knows, your next investment may be shorted like this was and NEXT TIME you may not be so fortunate to benefit ?
    BANNED in many countries including Germany, they obviously see it as criminal.

    I see it as seriously diabolical ? Any investor that is concerned that "Short selling raiders" could aggressively attack your investment should seriously consider signing this petition. Let's make it work, post the link on, so we can get universal support ?

    https://submissions.epetitions.direct.gov.uk/petitions/62851

    Last year AEN had already been targetted by short selling raiders, in most cases they go unnamed. Luckily we (AEN), has been mostly untouched by short selling raiding parties, however, in Quindell's case this was a 'raiding party' of high ranking well known shorters. The forthcoming libel action in the US is an inconvenience that investors could do without and when these 'raiding' parties pounce, they really mean to harm the business. But when it involves research advisory out-fits like the shambolic Gotham City, (Evel Knievel) Simon Cawkwel, Tom Winnifrith....then kiss your investment good-bye !


    "Outsourcing group LSE:QPP:Quindell released a detailed response to Gotham City Research's publication on Friday, calling the note a "coordinated shorting attack".Senior independent non-executive director and vice chairman of Quindell, Tony Bowers ..."

    link
    By dickie3times
  • Re: This morning's RNS - by Spadeychops
    Fri, 14 Feb 2014 13:43:00 GMT

    I'm invested here, but only have a small holding of a few thousand shares and it's pleasing to seem the bounce up.

    I'm interested to find out more on the electricity company split, as I have was give a few thousand shares in the other company which even after a year or two, are still valued at zero, so because of that I'm still underwater with this investment. Seems hardly any news out there on those! By Spadeychops
  • looks like AEN will shine? by dickie3times
    Sun, 09 Feb 2014 21:59:00 GMT

    20percent..good proactive article, looks like AEN will shine? They'll get preference treatment from the Argentines, imo

    It is the company’s third successful shale well and is particularly significant given its location, in an area of the play where Andes Energia has 170,000 net acres.
    Chief executive Alejandro Jotayan said: “This well, which proved the existence of the Vaca Muerta formation in the El Manzano West block with excellent petrophysical conditions is located in an area where Andes has 170,000 net acres nearby, out of an overall total of 213,000 net acres covering the Vaca Muerta formation.
    “This, together with the conventional discovery of the Mirador del Valle x-1 in the same area and the current productive Chachahuen concession, places Andes in an exciting position to develop these large unconventional and conventional potential resources, together with the other high potential exploration blocks in the Andes's portfolio."
    Barney Gray, analyst at broker Old Park Lane Capital, reckons the drilling success could provide a springboard for the development of a considerably larger area, with both conventional and unconventional resource potential.
    “This is Andes’ third successful well targeting this prolific unconventional formation and also the most northerly to be drilled to date, indicating that the Vaca Muerta formation may be more extensive than previously estimated,” he said. By dickie3times
  • by dickie3times
    Sun, 09 Feb 2014 21:59:00 GMT

    20percent..good proactive article, looks like AEN will shine? They'll get preference treatment from the Argentines, imo

    It is the company’s third successful shale well and is particularly significant given its location, in an area of the play where Andes Energia has 170,000 net acres.
    Chief executive Alejandro Jotayan said: “This well, which proved the existence of the Vaca Muerta formation in the El Manzano West block with excellent petrophysical conditions is located in an area where Andes has 170,000 net acres nearby, out of an overall total of 213,000 net acres covering the Vaca Muerta formation.
    “This, together with the conventional discovery of the Mirador del Valle x-1 in the same area and the current productive Chachahuen concession, places Andes in an exciting position to develop these large unconventional and conventional potential resources, together with the other high potential exploration blocks in the Andes's portfolio."
    Barney Gray, analyst at broker Old Park Lane Capital, reckons the drilling success could provide a springboard for the development of a considerably larger area, with both conventional and unconventional resource potential.
    “This is Andes’ third successful well targeting this prolific unconventional formation and also the most northerly to be drilled to date, indicating that the Vaca Muerta formation may be more extensive than previously estimated,” he said. By dickie3times
  • This morning's RNS - by dickie3times
    Fri, 07 Feb 2014 20:22:00 GMT

    Very surprised to see that no one has bothered to post it. Makes me wonder sometimes if there is any investors out there that bother with iii at all. In any case, there must be investors reading these boards and planning to invest next week in AEN....SO JUST IN CASE you did not read the RNS...great news and shows how big Vaca Muerta may prove to be....so far the indications of hydrocarbons are showing this to be MASSIVEthe share price looks to be unstoppable and i am pretty sure we'll be over 90p soon. Possibly higher?
    Good luck to all those that took some profits, i have yet to do so and have a top-slice target of 30% at 80p and will hope another 30% at 100p+and let the rest run until AEN runs out of steam?

    link

    RNS
    Highlights:

    · 410 feet (125 metres) of gross pay in the Vaca Muerta formation discovered
    · Persistent presence of oil shows in the Vaca Muerta formation during drilling
    · Las Varillas well to be fracked and tested
    · Las Varillas well is the most northern well to be drilled into the Vaca Muerta, where Andes has 170,000 net acres
    · Third successful well targeting the unconventional Vaca Muerta formation in Andes's portfolio
    · Oil discovered in the conventional Agrio formation and in the Neuquen Group

    The Las Varillas x-1 well, the most northerly well to be drilled into the Vaca Muerta, was vertically drilled reaching a total depth of 7,851 feet (2,393 metres) and encountered 410 feet (125 metres) of gross pay in the unconventional Vaca Muerta formation, the primary target. The top of the Vaca Muerta formation was penetrated at a depth of approximately 7,290 feet (2,222 metres). The drilling was characterised by the persistent presence of oil and gas shows through most of the Vaca Muerta interval. Geochemical data were sampled at two metre intervals through the entire Vaca Muerta column. Oil was also found in the mud pits. Two 18 metres core samples from the Vaca Muerta formation have been recovered and a comprehensive suite of logs has been run. The analysis of this data during the next few months will provide information on porosity, permeability, total organic carbon content, thermal maturity and hydrocarbon composition, which will be used to design the completion, fracking and production testing of this well.

    With regards to secondary conventional targets, core samples totalling 60 feet (18 metres) were taken from the Agrio formation. The top of the Agrio formation was encountered at a depth of 6,355 feet (1,937 metres) with a gross pay of 859 feet (262 metres). Hydrocarbons were encountered in both the Agrio formation and in the Neuquen Group (the same formation target of the Mirador del Valle x-1 discovery well in El Manzano West block, announced on 13 November 2013), and further analysis of this discovery will be done in the months ahead.

    The Las Varillas x-1 well was drilled by YPF with the assistance of the service company Schlumberger. Andes was fully carried during the drilling of this well, as part of the farm-in agreement with YPF under which Andes has a 100% working interest in all production from the Agrio formation and a 40% carried interest in the Vaca Muerta and other formations.

    Alejandro Jotayan, CEO of the Company, commented: "The Las Varillas x-1 is the third successful unconventional well targeting the Vaca Muerta formation drilled by the JV between Andes and YPF. This well, which proved the existence of the Vaca Muerta formation in the El Manzano West block with excellent petrophysical conditions is located in an area where Andes has 170,000 net acres nearby, out of an overall total of 213,000 net acres covering the Vaca Muerta formation. This, together with the conventional discovery of the Mirador del Valle x-1 in the same area and the current productive Chachahuen concession, places Andes in an exciting posi By dickie3times
  • Couple more articles by 20percent
    Fri, 07 Feb 2014 09:54:00 GMT

    Great news today.

    proactive investors also have an article about Argentine discussions re the repayment of debt incurred in 2002 highlighting AEN.

    With 30 wells to drill over the next year (all funded), recovering confidence in Argentina and the expecting increase in production AEN look like a great short, mid and long term investment.

    link

    By 20percent
  • Nice write up by 20percent
    Sat, 01 Feb 2014 20:22:00 GMT

    Hi Dickie & Norfolk

    Doesn't seem like too many PIs interested here. Thanks for the tip Dickie can't remember where I saw it now OT somewhere.

    I have been looking into these over the last couple of weeks seem too good to be true.

    There are a lot of shares held by institutions 70%. I can see why after looking into them.

    Found this good read.

    link

    Onwards and upwards excellent long term with the possibility of a good rise short term when we get some news on well any day now.

    20percent By 20percent
  • More Oil Producers from Latin Ameri by tradernor
    Wed, 15 Oct 2014 09:09:35 GMT

    Second article from SA this morning about the remaining Latin American OIL producers, including those in Trinidad and Tobago:

    link

  • RE: SP by jimzim
    Tue, 14 Oct 2014 17:29:50 GMT

    Don't know why the seller is selling but most days we have an AT attack early doors, usually in lots of 5000. Because there is very little liquidity in the share, these sells are having a big effect. On the positive, read that Soros has made his biggest investment into YPF and that when Kirchner was in NY for her UN speech, she had a meeting with the big man - guess he has had the assurances he needs for his big shale play in Vaca Muerta. He is also invested, long time, in SLE and other hopefuls on shale in Poland. I have been grinding my teeth there for several years waiting for the commercial find, something we don't have to do with Vaca Muerta cos it is already producing commercially. But wait we must for value to be recognised here. If I sense a bottom, will buy some more as we have great assets and prospects and currently growing our production too.
  • SP by clarkyd
    Tue, 14 Oct 2014 10:50:43 GMT

    Does anyone know why such a big drop in price recently?
  • RE: First SA article about AEN by JohnPlay
    Mon, 13 Oct 2014 15:35:04 GMT

    It is not correct to compare Petroamerica value ratios with Andes ratios. Most of the Andes value comes from its position in the Vaca Muerta unconventional shale acreage, not from current production or ebitda. To do that properly, you need to adjust Andes value, deducting the value of Vaca Muerta acreage first, and then do the ratios with the EV residual conventional value and compare them with other pure conventional E&P companies.
  • RE: First SA article about AEN by tradernor
    Sun, 12 Oct 2014 08:06:46 GMT

    Based on that article, AEN trades with very high ratios. With 1,600 bopd production, AEN currently trades $218,000/boepd and 35 times its 2014 EBITDA. AEN is the most expensive company among the 8 peers mentioned in the article, and PTA (Petroamerica Oil) is the cheapest one.
  • First SA article about AEN by tradernor
    Fri, 10 Oct 2014 10:12:44 GMT

    The first detailed article from Seeking Alpha that compares AEN to several other Latin American producers, was out this morning:

    link

  • Oil Producers in Colombia: AEN, PTA by tradernor
    Wed, 24 Sep 2014 21:43:42 GMT

    Top Idea Article from Seeking Alpha about Petroamerica Oil (PTA) and other Latin American players:

    link

  • AT attack again today? by jimzim
    Fri, 12 Sep 2014 09:48:52 GMT

    We have had a mid-day AT attack the last 2 days - will it be 3 in a row? If they take it much lower, I'll think about toppping up as this share might be illiquid but that doesn't make it a 'bad' share, just way off the radar. Shale and Argentina are both unloved, for now, but see Soros has just gone big into YPF, our partners in the Vaca Muerta so not everone is blind and chasing todays 'hot' stuff.
  • Colombia RNS by jimzim
    Tue, 02 Sep 2014 09:17:52 GMT

    Good to see that Andes are moving ahead with their assets in Colombia. In my mind a good deal as we are gaining a strong local partner (Trayectoria), and possibility of further deals with them down the line, for shares at the current SP. There is no point in sitting on licences - they are there to be developed and as we don't have the cash to go it alone, getting in good partners at a good price is ideal. Trayectoria are one of the top 5 Colombia E&P companies with further operations in Brasil - their licences are in Sergipe which is where we have also have a stake (possible further tie up with them in Brasil down the line?) - and Guatemala - a serious company indeed.
  • RE: BigC by Gwenllian
    Fri, 29 Aug 2014 13:50:49 GMT

    Oh dear. Not at all. It's not a very active board. It's great to have some feedback. I've been invested for a while now and have taken the view that these are a long term hold - bottom drawer share. Great prospects though. Thank you for the feedback. All the best and GL. --Gwen.
  • BigC by BigCOJONES
    Fri, 29 Aug 2014 11:55:53 GMT

    Sorry - i appear to have killed off this board !
  • AEN by BigCOJONES
    Mon, 25 Aug 2014 16:49:57 GMT

    I was at the presentation last week, though i am not invested here i do have the shares on my watch list. Seemed to be a generally positive show - but aren't they all ! Became more interested at the end when presenter said that he expected the number of producing wells next year would increase from 2000 to between 3500 and 4000 ! This one for me is investable for me - IMHO but don't really have any spare funds available. BigC
  • Steady rise by shareaction
    Thu, 21 Aug 2014 07:39:08 GMT

    AEN +2.31% so far this morning. Early birds finding wurms?
  • Worth $2bn with its 213000 acres? by shareaction
    Wed, 20 Aug 2014 08:46:13 GMT

    link

    I just had to buy some.
  • Soros buying more YPF by WLondonHunter
    Fri, 15 Aug 2014 13:15:28 GMT

    link