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Solo Oil Share Chat (SOLO)



Share Price: 0.42Bid: 0.41Ask: 0.43Change: 0.01 (+2.44%)Riser - Solo Oil
Spread: 0.02Spread as %: 4.88%Open: 0.41High: 0.42Low: 0.41Yesterday’s Close: 0.41



Share Discussion for Solo Oil (SOLO)


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bigdouble
Posts: 2,501
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.55
View Thread (2)
AEX
19 May '15
Market likes the Aminex news, let's hope it rubs off on a solo.
 
bigdouble
Posts: 2,501
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.55
Kiliwani 50% increase
19 May '15
The Kiliwani North-1 gas well, which tested at 40 mmscfd, has been completed and is ready to produce. Initial gas production will enable the pipeline operator to pressure-test the pipeline and gas plant mid-2015 with revenue gas flowing shortly thereafter. Following an engineering review, it is now anticipated that a sustained production rate of between 20 to 30 mmscfd, higher than previously planned, would optimise the maximum life of the reservoir. A Gas Sales Agreement ("GSA") is effectively complete but awaiting the finalisation of payment protection clauses and guarantees prior to final signature by all Joint Venture partners. First Kiliwani North commercial gas will be delivered into a 36" regional pipeline system, the construction and pressure testing of which is now complete and will result in Aminex's first commercial production in Africa. The pipeline operator has constructed a sales pipeline from Kiliwani North to the nearby processing plant at its own cost with the Company supplying and installing a gas metering unit. The Company will therefore sell its production at the wellhead, greatly simplifying commercial and management issues and allowing for low operating and production costs. First gas from Kiliwani North will be a major achievement for Aminex.
steve58
Posts: 1,274
Off Topic
Opinion:No Opinion
Price:0.55
Daily gas output
19 May '15
30 mcf a day would be equivalent to about 5000 barrels of oil a day.

250,000 dollars a day 15,000 to 30,000 attributable to solo should we increase our stake to 13% which IMO they will
do.

Good news soon.
rooney1000
Posts: 122
Off Topic
Opinion:No Opinion
Price:0.55
gsa
19 May '15
Get in now for 20% profit. Like biscuit says, GSA will only add minimal raise.
Atomicrain
Posts: 1,408
Off Topic
Opinion:No Opinion
Price:0.55
Solo
19 May '15
Going to load up today while sp is a steel GSA coming !
bigdouble
Posts: 2,501
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.55
GSA
19 May '15
Just seem to be waiting for the payment guarantee. Appears Wentworth are also awaiting this, see their RNS this morning.
steve58
Posts: 1,274
Off Topic
Opinion:No Opinion
Price:0.55
Aminex rns
19 May '15
Gas sales aggreement just awaiting payment guarantees and daily output expected to nearer 30 mcf a day.
ClimbingWooster
Posts: 1,733
Off Topic
Opinion:No Opinion
Price:0.55
Aex results out
19 May '15
Looking good for June signing :-) gsa
guru121
Posts: 5,049
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.55
Solo
18 May '15
GSA will be z major psychological boost for Solo followed followed by a renewed interest.
We know how Solo moves,I recall the last movement when Solo went bonkers from .5 to 1.2 on anticipation.
teabiscuit
Posts: 1,671
Off Topic
Opinion:No Opinion
Price:0.55
tiny volume today
18 May '15
People are not interested in Solo at the moment. The gsa isn't going to give the massive spike some hope so it is bed down for probably another 6 months unless anything out the blue turns up. Possible as always, at least the price is holding in this range.





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