Past year: ▲ 800%(0.30c – 10.0c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
4 Sept 2013resource reserve update● Neutral
Follow-up to the 22 August estimate: NSAI's mean recovery is about 3,995 barrels per acre, or roughly 640,000 barrels per 160-acre well, versus 550,000 for the Bakken and 280,000 for the Eagle Ford. These are prospective, unrisked comparisons, not results. No new resource figures.
29 Aug 2013other● Neutral
Notice that a new DJ Carmichael research report is on the company website. No substantive content; DJ Carmichael is the company's lead manager.
22 Aug 2013resource reserve update▲ GoodMajor
Independent estimator NSAI puts unrisked prospective shale oil in place at 0.8 to 9.5 billion barrels gross, best estimate 3.8bn (2.85bn net to Rampart), with 167m barrels recoverable gross. Conventional potential is not yet assessed. This delivers the long-awaited resource report; these are prospective, not discovered, volumes.
13 Aug 2013other● Neutral
2,000,000 unquoted $0.03 options expired unexercised and were cancelled. The notice lists 2,847,488,036 ordinary shares on issue, up from 2.0bn after the placement and convertible loan conversion. Administrative.
13 Aug 2013other● Neutral
Cleansing prospectus for one share at $0.0035, lodged so the 371.4m placement shares (raising $1,299,999) can be freely resold. Administrative; costs about $3,000.
1 Aug 2013security holder rights change● Neutral
The CDI-to-share reorganisation is complete, leaving 2,007,974,279 quoted shares and 1,092,624,983 quoted options. The remaining Canadian-issued shares should transfer within about 10 days. Administrative; it closes the thread begun on 17 July.
1 Aug 2013asset acquisition disposition▲ GoodMajor
Rampart agrees to add 5,800 gross (4,350 net) acres next to the Western Block, lifting its net North Slope holding to 42,350 acres. It must pay US$580,000 in two tranches. Funded by a $1.75m placement at $0.0035 per share, with 370m shares now and 130m subject to approval.
29 July 2013joint venture update▲ Good
Alaska update: CGG Veritas is the preferred seismic contractor, with crews targeted for December 2013 and acquisition early 2014, though no formal agreement exists. Rampart is also negotiating extra acreage and exploring funding options for 2014-15. The NSAI resource report is still due in August.
29 July 2013other● Neutral
Transcript of the 25 July Boardroom Radio interview with the MD. He repeats that Rampart is earning into 38,000 net North Slope acres and awaits an August resource report. No new facts.
25 July 2013investor presentation● Neutral
EGM presentation repeats the Alaska story: a resource report expected in August, with the operator saying the joint venture is on target with seismic and drilling contractors. No new figures or results.
25 July 2013other● Neutral
Notice of an audio interview with the Managing Director, Torey Marshall, on Boardroom Radio. No substantive content in the announcement itself.
17 July 2013security holder rights change● Neutral
Rampart is now registered in Australia, having left British Columbia on 29 May 2013. Quoted CDIs convert 1:1 into ordinary shares and options by 1 August. Issued capital stays at 2,007,974,279 shares. Administrative; no holder action needed.
16 July 2013security holder rights change● Neutral
Directors withdraw EGM Resolution 6, which sought advance approval to place an extra 15% of shares at $0.0025. The company can still issue up to 15% under the normal listing rule limit.
15 July 2013investor presentation● Neutral
July investor presentation restates the Alaska farm-in. It shows 2,007m shares on issue, market cap $6.0m, a resource report expected in August, seismic early 2014 and drilling 2015-16. The resource report is now August rather than July.
9 July 2013joint venture update● Neutral
Alaska update: an independent resource estimate is due in July, and seismic contract agreements are expected in August. Alaska's exploration credit now covers about 85% of allowable spend. Seismic mobilisation targeted for December. No new results yet.
6 June 2013other● Neutral
Cleansing prospectus for one share at $0.0025, lodged so the 232.3m placement shares can be freely resold. Administrative; adds one share and costs about $7,000.
6 June 2013half year report● Neutral
Half-year accounts to 31 March 2013 for Rampart (formerly Earth Heat), covering the Copahue exit and the move toward oil and gas. The text provided is truncated, so no financial figures can be stated here; it includes a going concern note.
3 June 2013capital raising announcement▲ GoodMajor
Rampart raises A$1.8m through DJ Carmichael to fund the first Alaska payment: 232.3m shares at $0.0025 (about $580,750) plus a roughly $1.22m convertible loan, convertible at $0.0025 subject to shareholder approval. Funds the Royale farm-in due 3 June.
3 June 2013other● Neutral
ASX lifts the suspension of Rampart shares after receiving the announcement on completed funding. Administrative notice; trading resumes.
3 June 2013capital raising announcement● Neutral
Amended version of the 3 June release on the A$1.8m raising (232.3m shares at $0.0025 plus roughly $1.22m convertible loan). Wording on Repsol's discoveries and the acreage is toned down; the funding terms are unchanged.
30 May 2013other● Neutral
Company extends its voluntary trading suspension to 4 June at the latest, pending funding announcement for the Alaska deal, citing a WA public holiday. Procedural; the funding is still not announced.
27 May 2013farm in farm out agreement▲ GoodMajor
Rampart can earn up to 75% of about 38,000 net acres on Alaska's North Slope from Royale Energy. It starts with US$3.4m for an initial 10%, then a 3D seismic survey and two wells by March 2015. Options worth US$1.7m go to Royale. First deal under the oil and gas strategy.
27 May 2013investor presentation● Neutral
Presentation repeats the Alaska North Slope farm-in with Royale: earn up to 38,000 net acres, US$3.4m for an initial 10% of the Western Block, then seismic and two wells by March 2015. No new terms; restates the 27 May deal.
27 May 2013other● Neutral
At its own request, Rampart's shares are suspended from trading pending an announcement on finalising funding for the Alaska transaction. Request runs to 30 May at the latest. Procedural step linked to the Royale deal's funding.
27 May 2013admin correction● Neutral
Re-release of the Alaska investor presentation with the date corrected from April to May 2013. Content appears the same as the earlier version; no new information.
22 May 2013other● NeutralMajor
Company began trading as Rampart Energy Limited (ASX: RTD) on 22 May 2013, with a new website. It marks the move away from geothermal toward a broader energy scope.
16 May 2013other● Neutral
Company says it is finishing due diligence on several conventional and unconventional oil and gas ventures, aiming to complete a transaction by the end of the June 2013 quarter. No project named yet.
23 Apr 2013investor presentation● Neutral
EGM presentation repeats the Copahue exit to Geothermal One. Company remains guarantor of a performance bond, with implications under review. It is negotiating several acquisitions, with no binding documents yet.
22 Apr 2013farm in farm out completion● NeutralMajor
Company exits the Copahue geothermal project: Geothermal One assumes all future joint venture obligations from 7 January 2013. Earth Heat pays US$125,000 and lends US$150,000. Resolves the Copahue funding thread. It also says a former Argentine representative made baseless accusations and it will respond legally.
28 Feb 2013investor presentation● Neutral
AGM presentation says the company is shifting to oil and gas, preferring North American liquids projects, and plans to rename itself. Copahue cannot be funded and the company is in talks with its partner to withdraw. No binding new deal yet.
