The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Sorry that should read discovery on the kanuku.
Looks like tullows spudded the beebei-potaro on the Kanuku block .wont be long now !
Exxon 2 more discoveries in guyana taking the total to 25 just released.
I need to wear my reading glasses when I post!
I don't think much has changed here since the last update. The next is likely in late October or early November. Somewhere in the last quarter is when any new wells may be drilled but some environmental cleareance and the results of researchs are still awaited. The 24 wells to earlt 2027 still feature in recent news reports. It's a waiting game until some solid news appears. The macro picture where the world needs "advantaged barrellls" has never been more favourable.
My guess is buys outweighed sales today.
Hi, does anyone have any update for WTE, as I can not seem to find anything, and with SP going south.. wondering if I am missing something. Thanks
The catalaya deal gonna shake wte price north
Be patient
now that wte is keeping its full canje exposure i talked with the bod about their prediction for the next canje well and couldnt be happier with the respond:
"We don't have any specific guidance on the start-up of the next Canje campaign - EM guys appear to be flat-out with 6 drillships engaged in development & appraisal/exploration drilling on Stabroek - so expect we are looking at late 2022/early 2023 for the start of the next one."
now the upside is back to wte, the jhi deal with eco dropped the sp from the 8p level to the current price, but now with the being terminated and the next spud just around the corner i would expect to see wte in the 10p level on spud..
i believe its all about jhi having better options, we just might have a new deal coming, might be cataleya..
thats the best news wte had in a long time, no dilution in the canje exposure for wte..
jhi might have used the lock up issue to terminate the deal, that was a very cheap sale for jhi..
Interesting news this morning...
We should need to be patient
They are working on a deal, i wouldnt be surprised if its orinduik related.
It's bring us good exposure to more hottest oil drill spots after canje and gazania drills . Patient needed here
Got to laugh drops almost 10% on 4 grands worth of share sales madness .keep oan drappin it ah want easy money.
I think gazania hv good chances ,
Seccsess and we go to 18 price
It's a good chance/ risk price
I think when the coming spudd began the share trade about 6p about 50% up raise from now
Need a patient
barreleye is a step out well close to kanuku, considering the large net pay (70m) it bodes well to the kanuku jv though the next kanuku well is on trend with kawa which is a tanager look alike discovery.
Pis of back tae eco yah chancer.
its a cycle, there is time till the action starts, first well is due in october, then we might get a canje campaign in q1, an orinduik well, maby another 3b/4b well, so by q3/4 you can expect this to start moving and if/when theyll hit the first oil thats when this will finally move to the 20's and north..
I keep adding, as it will fly sooner or later, not sure about the 15 mark for a year or so but definitely a steal at this !
No, i bought in at 15p expecting it to go the other way :(
Can someone please explain why this is at the lowest ever share price as I just dont get it! This is an absolute ridiculous price !! Should be much higher with the forthcoming drills
Exxon announced another 3 discoveries in guyana today !
cec already mane its transaction to fund the next wells through private investment by elliot for 30% interest in the company followed by a pharm out to hess.
the next transaction wont be like jhi but the other way around, like eco..
that is the most anticipated catalyst for wte at the moment, could be a merge with mid atlantic or an entrence to the orange basin.