Register
Login:
Share:
Email Facebook Twitter


Tech company Mporium delivers an outstanding set of Q1 results says CEO De Groot
IronRidge Resources CEO hails spectacular lithium project and money making potential for gold


Anglo Afri O&g Share Chat (AAOG)



Share Price: 10.75Bid: 10.60Ask: 10.90Change: -0.10 (-0.92%)Faller - Anglo Afri O&g
Spread: 0.30Spread as %: 2.83%Open: 10.80High: 10.80Low: 10.75Yesterday’s Close: 10.85


Share Discussion for Anglo Afri O&g


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

BarkingCrazy
Posts: 488
Opinion:No Opinion
Price:10.75
RE: Oil Oil!
Today 11:03
With Brent above $74.50 it seems inconceivable that the SP is still in the 10's. We should be above 13p just on the increase in oil price alone. I really hope this CPR deliveres, and news of a clear plan forward. Get the oil out the groound ASAP!!
 
How50
Posts: 42
Opinion:No Opinion
Price:10.75
The CPR is due very Soon!
Today 09:16
"We are working with LR Senergy to have this new information included in the CPR which will now be released during April." This is taken from their latest RNS , I know they aren't the most prolific RNS loggers but that's a fact and they do tend to keep to their word, even if the last RNS was at the last possible moment in March! DS also stated cpr was in draft a couple of weeks ago , it should be ready to go now as they were only reviewing amendments.
woody2002
Posts: 3,576
Premium Chat Member
Opinion:No Opinion
Price:10.75
RE: News Due
Today 08:55
What a nonsense comment. Keep DS controlled? Why?
Docit
Posts: 1,078
Opinion:No Opinion
Price:10.75
Oil Oil!
Today 08:40
Trump will not be renewing sanction waivers to those who continue to buy oil from Iran. China is defiant. Can someone tell the world we have oil. LOTS OF IT. Particularly China. All they need to do is help our team get it out.
O2B@C
Posts: 887
Opinion:No Opinion
Price:10.80
News Due
Today 08:20
Just waiting for JB to make that next move.

Keep DS controlled and the market may listen JB.

Getting ready for a farm-in as all the exploration hard work is done.

Patience pays with news due, we are waiting........

Where are the chartists?

C.
Doubleheadedcoin
Posts: 8,397
Opinion:No Opinion
Price:10.80
RE: Oil production
Today 08:17
Its a shame we are still waiting for the Schlumberger kit to arrive as every other oil stock in my portfolio is climbing much higher off $74 per barrel oil and Donald Trump v Iran sanctions.

Just imo
Morningsun
Posts: 714
Opinion:No Opinion
Price:10.85
RE: Oil production
Today 07:27
sardy, That is why I said 'ROC AND DS'... Both must see the Dollar signs I trust.
Sardypaul
Posts: 2,408
Premium Chat Member
Opinion:No Opinion
Price:10.85
RE: Oil production
Today 07:09
Licence first guys !!
Tiburn
Posts: 1,256
Opinion:No Opinion
Price:10.85
RE: Oil production
Today 06:55
Morning MS , very good point

The Iranians have nothing to lose as Trump drives them down towards zero production and sales, Turkey will do a backdoor deal with them for land transport across their borders regardless, but the big Asian buyers are the key,
Japan, China and S Korea utterly rely on oil imports and in huge quantity - There are only so many producers able to meet their demand.
The more the S American/African oil producers increase their production for alternate supply the better for US foreign policy. China especially will be all over this and buy assets direct to produce for themselves wherever possible in these regions, especially sweet ultra low sulphur content as in Djeno.

Italy also buys oil from Iran - Eni may well get incentives to buy out more fields due to the same dynamic.

Overall, the chance of early buy out just increased substantially, AAOG just need to get to production rapidly and may have no shortage of suitors happy to front rapid well development and topside costs to enable this if they get first rights of refusal.

Brent $74.6 and rising.
Morningsun
Posts: 714
Opinion:No Opinion
Price:10.85
Oil production
Today 05:44
Well if there is ever a time to increase oil production, particularly if it doesn't have to go through the straight of Hormuz, it is now.

Put your finger out ROC and DS and start production of oil from the Djeno.

GLA
MS
Morningsun
Posts: 714
Opinion:No Opinion
Price:10.85
Tlp 101 and tlp 102
Mon 23:13
So on 3rd January we've been RNSed that studies indicate that if 102 is used as a water injector then 101 could produce up to 400 bopd.
Currently 101 has (at the time of writing the RNS) been running at 55 bopd for the previous 2 weeks. So, to points,

1. Tlp 101 running at 55 bopd is already USD 1.4 mln per year. Not bad. The possible 400 bopd is USD 10.4 mln per year. That is nearly a third of our market cap...

2. If we were to get quotes on this improvement of USD 9 Mln per year, as indicated in the RNS, why have we not moved on it yet?

GLA
MS
Silverlight
Posts: 5,718
Opinion:No Opinion
Price:10.85
News tomorrow
Mon 21:35
Or mid week latest. Must get something this week especially update on 104 spud and the long awaited CPR. I’ll be loading up further tomorrow. SL
marineville
Posts: 10,283
Opinion:No Opinion
Price:10.85
RE: AAOG patience required !
Mon 21:16
i always smile when i hear new holders talking about patience... :) see!?!

i already look back fondly on 11.8

and the 'mates rates' when kilkenny got in...

and all the other etceteras.

but, y'know, patience... :)
louis007
Posts: 1,896
Opinion:Strong Buy
Price:10.85
RE: AAOG musings !
Mon 20:14
Said it before, they’re playing the man not the ball as we all know this is heading way North medium term.
GLA
Sardypaul
Posts: 2,408
Premium Chat Member
Opinion:No Opinion
Price:10.85
RE: AAOG musings !
Mon 17:07
First rule of trolling , try to discredit management wherever possible, it seems mr Sefton is their chosen target .
woody2002
Posts: 3,576
Premium Chat Member
Opinion:No Opinion
Price:10.85
RE: AAOG musings !
Mon 14:37
I think DS got it right and its maybe not price sensitive info therefore doesnt require an RNS. I don't understand why PIs question what info they are given straight from Sefton then want an RNS to repeat what he said just to clarify? Guys got a job to do, stop questioning what he says and there wont be any confusion!
irishmouse
Posts: 5,831
Opinion:Strong Buy
Price:10.85
Amazing
Sun 08:14
22 degrees,not a cloud in the sky and no rain forecasted , the SW of Ireland is spectacular this morning. BBQ with kids and grandchildren this evening, can’t get any better?
99icecream
Posts: 143
Opinion:No Opinion
Price:10.85
RE: AAOG patience required !
Sat 14:53
gmcc
Posts: 3,579
Opinion:No Opinion
Price:10.85
RE: AAOG patience required !
Sat 11:20
gmcc
Posts: 3,579
Opinion:No Opinion
Price:10.85
AAOG patience required !
Sat 11:17
Away back in March 2018 : This was the headline - ANGLO AFRICAN AWARDED NEW LICENCE IN CONGO
Posted On March 7th, 2018 - 11:42 am | by Oil and gas press

http://www.oilandgaspress.com/anglo-african-awarded-new-licence-in-congo/

Fast forward today ( article March 18 conclusions ) still ring true , in fact very successful outcomes actually achieved --- ‘ Continue the development of Tilapia via the implementation of a six to eight well programme following success of TLP-103C ‘

“licence be awarded will dramatically improve the value of the Company ‘

"Conclusion -The Company has now progressed all aspects of its planned works for the coming months: the most important step towards the award of a new, 20-year licence over Tilapia has been achieved and the Company now has operational certainty on the path to drilling TLP-103 and completing the workovers of TLP-101 and TLP-102. The recommendation by SNPC that this 20-year licence be awarded will dramatically improve the value of the Company ".

Interesting article : ‘Republic of Congo petroleum sector open for business 14 January 2019 ‘

https://www.offshore-technology.com/comment/congo-oil-and-gas-licensing/

Interesting % ROC -SNPC -Licensee figures if you click : ( should open word document ) ?

Republic of Congo, regime flow chart

Lastly ROC do eventually do sign agreements

‘Signature of the Production Sharing Agreement of Bloc Marine XXI with the American company Kosmos Energy March 4 2019 ‘

https://www.snpc-group.com/en/signature-production-sharing-agreement-bloc-marine-xxi-american-company-kosmos-energy

AAOG patience required - Happy Easter everyone
Clumpet
Posts: 4,252
Premium Chat Member
Opinion:No Opinion
Price:10.85
RE: AAOG musings !
Sat 09:41
Good point,, when DS said they had received two payments I instantly thought where is the RNS for second payment!! unless he got it wrong but this needs clarification by way of RNS
techandy
Posts: 79
Opinion:No Opinion
Price:10.85
AAOG
Fri 23:40
Listens for the flow of commercial oil!!
Drewky
Posts: 7,711
Opinion:No Opinion
Price:10.85
RE: AAOG musings !
Fri 16:10
All that knocking effort and the markets are closed lol
woody2002
Posts: 3,576
Premium Chat Member
Opinion:No Opinion
Price:10.85
RE: AAOG musings !
Fri 09:05
Cash when we need it, equity when we want it. :)
YinYang
Posts: 313
Opinion:No Opinion
Price:10.85
RE: AAOG musings !
Fri 08:43
$663,000 received as first payment in the RNS of 18.02.2019. 2nd payment for March for how much?

"As previously stated, we are working towards bringing TLP-103C into production in April. The extra cash that we have now received plus the substantial further funds to come from SNPC, reinforces the cash position of the Company and therefore its ability to meet the costs associated with this work."




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk









Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.