Just me ?

Thursday, Dec 29 2011 by

Anyone else following this stock?


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Leed Resources PLC, formely Leed Petroleum PLC, is a United Kingdom-based oil and natural gas exploration, development and production company. The Company, along with its subsidiaries, is engaged in the business of exploring, developing, producing and operating oil and natural gas properties from onshore and offshore locations within the Gulf Coast region of the United States. As of June 30, 2009, the Company had interests in 17 United States Federal Outer Continental Shelf blocks and one onshore field, in Lafayette, Louisiana. As of 30 June 2010, it had working interests in seventeen offshore blocks, including eight producing and nine non-producing, and one onshore field. The Company also holds a small interest in a gas processing plant and a fractionation plant located onshore in Louisiana. During the fiscal year ended June 30, 2010 (fiscal 2010), the Company acquired one new offshore block from the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE). more »

Share Price (AIM)
-0.0  -7.7%
P/E (fwd)
Yield (fwd)
Mkt Cap (£m)

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2 Posts on this Thread show/hide all

MrT 30th Dec '11 1 of 2

Hi, I don't know this business but you're more likely to get a decent response if you take the time to spell out what lead you to invest in it in the first place. There are some very knowledgeable O&G investors here but one line threads without a decent rationale and some meat tend to get pretty short shrift around here, so I imagine it might just be disregarded otherwise. Anyway, up to you, of course, but just an observation.

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ajaybhatt 30th Dec '11 2 of 2

Thank you MrT. I am totally new to this and bought KEA Petroleum on the recommendation of a Daily Newspaper. The company is drilling/exploring for O&G in New Zealand and was reputed to have struck a very large gas field. At about the same time the leaning was towards gas and the broker taget was 13p or so. I agree with you that one liners do not prompt many replies but I am reading other threads and hopefully compose better questions. Also wish you and yours a Happy and Prosperous New Year.

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