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Always nice to hear the man in charge use those words . Spot on interview by David , super excited and having trouble hiding it . Roll on Monday
He's almost pissing his pants he's that excited
He is soooooooo chuffed!!!!!
lol
Thanks dude
Now that is a bullish interview, he cannot control his excitement.
Boom.... a lot if oil and in two new zones!!! Buy buy buy buy buy
Thick Mengo
Can we watch this live?
once logging results known......all looking good here
Tilapia back online at improved rate
Another fillip of good news from AAOG, which has restarted production from the
TLP-101 well at a higher rate than before it was shut in, plus is considering the
commercial viability of a water injection project to materially boost production
from the well. This will provide welcome cash flow as the company continues to
look for an alternative financing solution to the £5m Sandabel facility (£1m
drawn). Next up, likely in short order, will be the results of the wireline logging on
the various zones encountered so far with TLP-103C. The market will be looking
for confirmation of better-than-expected net pay in the Mengo as well as more
detail on the reservoir quality for that and the newly encountered zones.
?Tilapia production brought back online. AAOG has brought the TLP-101 well on
its Tilapia field in the Congo back online. This well and TLP-102 were previously shut
in for safety reasons during the drilling of TLP-103(C) due to their proximity to the
flare, which has now been relocated. Over a two-week test period TLP-101 has
produced an average 55bopd, almost double the c.30bopd pre-shut in.
?Water injector opportunity. Opportunistic reservoir engineering studies performed
on the wells while offline demonstrated that they are connected. This opens up the
potential to reconfigure TLP-102 as a water injector to boost production at TLP-101,
with the studies suggesting up to 400 bopd is possible. Cost estimates are being
sought to fully assess the commercial viability of the project.
?Welcome cash flow. On our estimates, AAOG would generate ~$0.3m of annualised
net cash flow at a 55 bopd production rate and $50/bbl. This jumps to $2.2m at 400
bopd. While not transformational, this would represent welcome cash flow given
current ongoing financing discussions.
?Next up… will be the eagerly awaited wireline logging results evaluating the potential
of all the zones encountered so far with the TLP-103C well – R1/R2/R3, Mengo and
three new potential zones. Early indications from the Mengo were that the net pay
encountered was thicker than expected – the well intersected a 104m gross Mengo
interval versus the 2006 Mengo discovery well, which encountered a 38m gross
column. This earlier well had 10-15m net pay. Once wireline logging is complete,
drilling will continue towards the deeper Djeno exploration target. The Mengo was
given a gross best contingent resource estimate of 8.1mmbbls in the CPR. We
estimate a risked NPV for this resource, assuming a 60% chance of success, of
17p/sh (29p/sh unrisked).
based on the spread leading up to the declared time.
02-Jan-1912:16:2812.0998,790Buy* 12.0012.101,064O
02-Jan-1912:15:3012.01629,178Sell* 12.0012.103,506O
02-Jan-1912:15:2912.1024,694Buy* 12.0012.102,988O
02-Jan-1912:14:0912.0998,215Buy* 12.0012.10993.93O
02-Jan-1912:13:4612.094,098Buy* 12.0012.10495.45O
02-Jan-1912:12:0212.0540,000Buy* 12.0012.104,820O
02-Jan-1912:10:4912.09115,000Buy* 12.0012.1013.90kO
02-Jan-1912:08:5212.091,720Buy* 12.0012.10207.95O
Thank you strongman
https://www.proactiveinvestors.co.uk/news/details/211881/anglo-african-oil--gas-eyes-upgrade-to-production-at-tilapia-as-tlp-101-well-restarts-211881.html
From above:
Broker hails latest good news
FinnCap described it as “another fillip of good news” and highlighted that the TLP-101 cashflow supports the company as it continues to look for alternative financing.
The broker also highlighted upcoming potential catalysts, analyst Jonathan Wright said: “Next up, likely in short order, will be the results of the wireline logging on the various zones encountered so far with TLP-103C.
“The market will be looking for confirmation of better-than-expected net pay in the Mengo as well as more detail on the reservoir quality for that and the newly encountered zones.”
I predicted at the bottom this morning. I have brains and making good money in the last quarter when everyone was losing....
He really needed the money. Fair play but it's all pre sold by the mms. The speed they have raised the ask since indicates that's the easy shares had now
More likely they were adjusting the book so not a buy/sel
He explained it yesterday though, think he was genuine. He said he had just re-couped all of the previous years losses on day trading, and was taking it out to put into a fund.
Packing his bag..... Hes driving his car.. Hes going to give us news... On the drill so far... DS is going to town.... DS is going to town... HNY everyone.
AAOG are going places.
Ultra strong buy.
That doesn’t look right why sell such a huge holding before news confirmation.
Interesting to say the least.
JBER high bid switched. 2 v 1
proactive
But he is recording at 1pm, so expect it will be released very soon after.
Hi folks,
Can anyone tell me where and when the interview is?
Many thanks
Jimbo
Still no shares. Another mm moves up now 12.4 and more mms looking for shares above 12p
We cou!d well end up well North of 13p today