Australian (ASX) Stock Market Forum

AED - AED Oil

Are you sure :confused: I thought they had approx 74m shares on issue and that will make it $339million :2twocents

cheers laurie
 
AED SP has been a mover this month

Todays volume has been VG and currently 367000 shares
-- understand that next ANN is not far away per the wife's hairdresser today!

I hold

Code Last Move % Move Buy -Sell Open High Low Volume Value last traded
AED 4.58 0.000 0.00% 4.58 4.59 4.65 4.67 4.57 367,988 1,701,086 21-Dec 01:32:25 PM


Date --------Open --High --Low ---Close -Volume
20-Dec-2006 4.4000 4.6800 4.4000 4.5800 530,038
19-Dec-2006 4.3600 4.4000 4.3300 4.4000 130,551
18-Dec-2006 4.3800 4.4000 4.2900 4.3600 215,945
15-Dec-2006 4.3600 4.4300 4.3200 4.3800 740,949
14-Dec-2006 4.2000 4.3300 4.2000 4.2900 451,250
13-Dec-2006 4.1500 4.2300 4.1000 4.2000 615,219
12-Dec-2006 4.1500 4.2700 4.1400 4.1900 859,216
11-Dec-2006 3.9100 4.2000 3.9100 4.1700 821,589
08-Dec-2006 3.9000 3.9500 3.8000 3.9000 395,676
07-Dec-2006 3.6500 4.0900 3.6500 3.9200 1,555,237
06-Dec-2006 3.5500 3.6600 3.5200 3.6000 892,075
05-Dec-2006 3.4000 3.5600 3.3900 3.5000 744,796
04-Dec-2006 3.3500 3.4000 3.3400 3.3800 253,266
01-Dec-2006 3.3900 3.3900 3.3500 3.3700 183,357
 
Not sure where you guys get your info from but Im going off their last Appendix 3B Dated 14th Nov,


AED have 67.8m listed shares 112m unlisted shares and 37.4 unlisted 20c opies so 217.2m shares in total, or 220m Approx


Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable)
67,797,983 Ord

Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable)
112,068,853
37,407,902
Ordinary fully paid shares.
Options to acquire fully paid ordinary shares exercisable at $0.20 on or before 14 October 2007.
 
Unfortunately AED complete their Appendix 3B forms incorrectly. You will find that the 112m unlisted shares is in fact the total of the listed and unlisted shares. Have a look at the last financial statements and subsequent Appendix 3B forms and you'll see what I mean.
 
AED SP has jumped 15 cents to $4.75 in the last 10 minutes

This was my wife's hairdresser tip for the day!

There are not many sellers
 
Looks like accumulaters/pros/insiders and Instos have been soaking up the selling yesterday and today and are now getting set no matter what the cost for a possible ann
10mins to go,

How high the buys go to get filled will tell us how good the ann is, all most certain to be related to Puffin Discovery, tis the rumour at UBS
 
AED should be due to issue update based upon next steps from the last ASX ann on progress from QUARTERLY REPORT on 30 SEPTEMBER 2006 issued Oct 31 2006

Lots of things happening at AED!

NEXT STEPS
The next significant steps for the Company are as follows.
- Finalise Reserve evaluation for Puffin North East and Puffin South West.
- Finalise planning, procurement and financing for the Puffin-8 well.
- Award installation Contracts.
- Commence FPSO fabrication and upgrade.
- Delivery of all major subsea installation components.

SUMMARY OF QUARTERLY HIGHLIGHTS
Production
• AED announces possibility of achieving higher initial oil production from additional well.

Geological
• Geological and engineering review of results from Puffin-7 and Puffin-9
o Onnia seismic survey re-processing completed.
o BHPP seismic survey data acquired.
o Preliminary geochemical studies completed indicating source and migration paths.
Swan graben source; multiple charges and water washing.
Biomarker and isotope studies underway.
o Increased oil in place and reserves announced.

• Planning for additional production well (Puffin-8 )
o Drilling planned for January 2007 to provide higher initial production rate at first oil.
o Engineering studies undertaken for flow assurance to optimise production capabilities including FPSO process system.
o Reservoir simulation studies to forecast production performance.
FPSO and Installation

• FPSO due to arrive at Keppel shipyard 1 November 2006.

• Installation contracts nearing finalisation for installation in early 2007.

Geological and Engineering Review
The Company is continuing to review and re-evaluate previous drilling, testing and seismic data accumulated from the Puffin field over the last 30 years in the light of the positive drilling and testing results of the Puffin-7 and Puffin-9 wells.

This review includes the integration of seismic data with the geological model of the source and distribution of oil. Part of this work has comprised the reprocessing of the Onnia 3D seismic dataset. The re-processing, undertaken by Petroleum Geo-Services Asia Pacific Pte Ltd (PGS), was completed during the quarter. This re-processing has led to a significant improvement in the quality of the data and the results are now being incorporated into new mapping of the Puffin field by integrating the re-processed data with the complementary dataset recently acquired from BHPP.

The Company is progressing towards the development of a revised reserves statement. To achieve this, the Company is working to incorporate:
• drilling data obtained since 1972;
• PSDM data originally utilised by the Company;
• The reprocessed seismic data referred to above;
• the newly acquired BHPP data set; and
• reservoir simulation.AED Oil Limited (AED or Company) is pleased to present its September 2006 Quarterly Report.

I hold
 
YOUNG_TRADER said:
Looks like accumulaters/pros/insiders and Instos have been soaking up the selling yesterday and today and are now getting set no matter what the cost for a possible ann
10mins to go,

How high the buys go to get filled will tell us how good the ann is, all most certain to be related to Puffin Discovery, tis the rumour at UBS


Hi YT, does AED have a short mine life?

EPS(c) PE Growth
Year Ending 30-06-07 -7.2 -- --
Year Ending 30-06-08 268.6 1.8 --

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS -4.2 -7.2 268.6 108.6
DPS 0.0 0.0 25.0 5.0

thx

MS
 
Ken said:
UBS still saying $12-$14.

good luck to holders


I heard something like that, sounds unbelieveable doesn't it, but then it would explain the volumes of late and unstoppable buying,

It may hit $5 today,

What I'm interested to see, is that if this Puffin Discovery (whatever it is) is worth $12-$14 to AED, how much value will it add to NWE?

Any chance you could get your hands on the AED report Ken?

Cheers
 
AED has just cracked the $5 mark!

With 150m shares on issue (thanks Olive tree for pointing out AED's stupidity in completing forms) it has a mkt cap of $750m
 
AED is my tip for the January ASF stock tipping competition

AED SP looks like Puffin upwards and upwards

Lots of things happening at AED!

From QUARTERLY REPORT on 30 SEPTEMBER 2006 issued Oct 31 2006:
NEXT STEPS
The next significant steps for the Company are as follows.
- Finalise Reserve evaluation for Puffin North East and Puffin South West.
- Finalise planning, procurement and financing for the Puffin-8 well.

Production
• AED announces possibility of achieving higher initial oil production from additional well.

The Company is progressing towards the development of a revised reserves statement.

I hold
 
I think Intersuisse have looked at the Appendix 3B which I believe is incorrectly completed. Looking at the latest financial statements and the subsequent Appendix 3Bs I believe the correct situation is AED have 67.8m listed shares, 44.2m unlisted shares and 37.4m options.
 
Top