Australian (ASX) Stock Market Forum

AZ9 - Asian Battery Metals

Joined
27 June 2010
Posts
4,142
Reactions
308
Doriemus is a UK based oil and gas exploration and production company, which is currently listed on the NEX Exchange in the UK. Doriemus is seeking to provide shareholders with value and growth opportunities through the acquisition and accumulation of quality onshore and offshore oil and gas assets within emerging and established oil fields in the UK and in other jurisdictions.

Since its transformation in 2013 from a company that provided electronic trading platforms for trading endowment policies to an oil and gas exploration and production company, the Company has acquired a portfolio of non-controlling interests in oil and gas assets located primarily in the UK and is keen to acquire additional oil and gas assets in the future.

It is anticipated that DOR will list on the ASX during October 2017.

http://www.doriemus.co.uk
 
Problems at the the company's Lidsey-X2 Well have seen DOR's share price punished this morning. Down 43.75% (17.5c) this morning to 22.5c. Ouch.

Announcement says the well is producing 40 barrels of dry oil a day. Doesn't sound good. Anyone with some knowledge of this company care to comment?
 
DOR are now only listed on the ASX and interests are mainly in the Horse Hill project near the UK's Gatwick Airport. Chairman David Lenigas rates this very highly, the sky's the limit and beyond. If he's right the shares are worth $10, hmmmmmmmmm, is he?
 


If Chairman David Lenigas is right then Doriemus is the ASX's cheapest company. However, if his detractors are right, basically, it's not.
 
DpvpTwrWkAEQydj.jpg:large


David Lenigas: Is he not right, is he not always right, however, is he right on this one?
Doriemus DOR were quoted on AIM markets thne switched to NEX and then on to ASX.
 
Last edited:
I am keen to find out what people think about this stock. I did a write up last month, and I am keen on what they are going to do in the coming 12 months. As I mentioned in the blog, my last play in oil and gas was Arc energy, and that went well. It was a well-managed company, and they knew what they are doing. Keen for thoughts. Cheers
 
I am keen to find out what people think about this stock. I did a write up last month, and I am keen on what they are going to do in the coming 12 months. As I mentioned in the blog, my last play in oil and gas was Arc energy, and that went well. It was a well-managed company, and they knew what they are doing. Keen for thoughts. Cheers

This is the man's Twitter account and many think the Lenigas effect is the one to evaluate for Doriemus: https://twitter.com/DavidLenigas
https://www.doriemus.co.uk
https://www.doriemus.co.uk/investor-relations/

Basic thoughts: Doriemus is chaired and very much commanded by its Aussie Chairman. The company is now moving to Australian interests and exploration. They continue with Horse Hill Oil assets in Sussex, England. The company is a registered UK PLC only quoted on the ASX.
 
Last edited:
DOR: Sale of Cooper Eromanga Basin Assets
30 January 2020
https://search.asx.com.au/s/search.html?query=dor&collection=asx-meta&profile=web

Difficult at this stage to see quite what Doriemus is up to. Once a UK based company investing in onshore oil near England's Gatwick airport at a place called Horse Hill. Abandoned a greater part of this and moved to Australia with Aussie Chairman David Lenigas who resigned a year or so later. Now darting back to the Irish Sea on an oil venture after messing up on an oil interest agreement that fell apart.
 
Website - Http://www.doriemus.co.uk/

ANNOUNCEMENTS: Http://www.doriemus.co.uk/investor-relations/

Doriemus holds Angus Energy PLC ANGS shareholding of 8,324,024 shares.
Doriemus holds UK Oil and Gas UKOG shareholding of 129,629,635 shares. Doriemus retains a 4% interest in the Horse Hill oilfield.
The Company has a small shareholding in the English registered company Greenland Gas and Oil Plc (“GGO”), which is an early stage oil and gas exploration company focused on acquiring oil and gas exploration assets in Greenland. The Company considers this to be a passive investment.

Horse Hill: Http://www.doriemus.co.uk/horse-hill/
Isle of Wight: Http://www.doriemus.co.uk/isle-of-wight/
Greenland: Http://www.doriemus.co.uk/greenland-oil-gas/

Trades on ASX - Https://stocknessmonster.com/trades/dor.asx/
Trades on Chi-X - Https://stocknessmonster.com/quotes/dor.chia/
CHARTS - Https://stocknessmonster.com/charts/dor.asx/

NEWS - Https://stocknessmonster.com/news/dor.asx/
Doriemus Quarterly Activities Report to March 31 2021: Http://www.doriemus.co.uk/wp-content/uploads/2021/04/DOR-March-2021-Quarterly-Activities.pdf
 
Making strong gains on back of volume spike in price. investors dream maybe>?
1623739257700.png
 
Very odd goings-on here. I thought this was one of my lost causes. Once down 70% or so for some reason I'm showing a 120% profit on my present holding. How can they have a placing and rights issue at 5.5c and instead of the shares falling back it goes bonkers closing at 24c. Daft as a brush me thinks and even dafter is the fact I am still holding on.
 
Are you on a good wicket' or is just wicked', I to have been looking into this and find it hard to fathom, its burst in energy. Must be doing well with its 3 ongoing projects. Supply & Demand may be playing an important role. Input from Inyati & other funds, becoming a substantial holder. I like its infrastructure, with relative interest, could be going places...
 
The buyers were in today, just got to keep the sellers out next week...After doing a bit of research on 'DOR' it might well be worth it's weight in gold/ energy. More than just a pretty penny in the market...It is in a good financial position for the coming years. Its has increased earnings, compared to a year or two ago and looks to climb.
40.8% Forecast-ed Energy industry annual growth in earnings. 'DOR' Earnings growth up 67.1% industry -5% Market 6.2% for the past year.
According to my statistics...

1623981569948.png
1623982051736.png
 
Top