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Price dropped from 0.15p to 0.145p to fill the gap shows in the auction earlier today.
Looking at the 13:50hrs auction the gap has been filled.
READY TO RISE!!!
BUY BUY BUY!!!
GarryGraham it is totally true what In4cendros said. People like you who troll for no reason and no evidence as to why are pathetic. Just look where we are going with CEG - all looks fantastic in the next few years and Uruguay is going to be big with 3D and drilling on the horizon.
Yet, your pathetic mantra to troll basically has no creditability any longer.
Looking forward to 3D at the end of the year and drilling in coming years.
In4cendros - Why be rude ? What purpose does it serve ? GG
GarryGraham - I can only speak for myself but I welcome posters with challenging questions but, sadly, trolls like Brigsee and yourself find the challenge to come up with sensible questions beyond your capabilities!
John Briggs. - Don't waste your time, mate, posting on here. Nothing you or I or anyone who questions the board of directors on this bulletin board will make any difference to the running of the company or the decisions made and it will never change the viewpoint of all the posters on here who continually promote the company and are not able to ever question a decision by CEG senior management. You probably have a lot of skin in the game, as I do, but there is nothing to be gained by arguing with people with pseudonyms who you will never meet. Basically, it all boils down to whether we have a great farm-out partner who can find billions of barrels of oil and if this happens, will the board of directors of CEG Plc reward their small retail investors who have remained patient and backed the company in its darkest days as we have and that is it or will they screw us over as a lot of AIM directors do. Good luck Everyone: GG
I am just waiting as good news is coming just ridiculous CARP non stop from trolls here and they have absolutely no evidence for the CARP they post.
Rampers and Trolls please stop this B/S of scoring points or "Cheerleading" your cause.
If you are a PI trader trying to influence then believe me you have no chance when a share is in play!
Which CEG now is.
I am not trying to be right but experience tells me that the Pros are involved here for reasons mentioned previously AND other reasons.
The easiest way to influence/play a predominantly RETAIL orientated share is to make them nervous and then you get
volatility which plays into their Day/week traders' hands.
This share/environment/oil region is in play but also in limbo awaiting some concrete facts to latch onto.
There is NO NEW NEWS!
My advice is keep quietish for now except to impart genuine info and wait and see.
We can still have some fun on this Board but please cut the CARP.
GLA
IK
XXX
Lots of good news to come this year and into next and all people seem to do here is complain that the end is near?
WTF and why!!!!
JBT - As the PM would say @ PM's Questions:-
I refer to the answer I gave earlier.
GL
IK
Https://www.linkedin.com/posts/ceg-plc_ceg-activity-7191778361784811520-foE0?
Do we believe that was a large sell. (50,000,000). Could be somebody taking a profit if they bought a few months ago because if it was I would have thought the price would be down a bit more. Of approx 80m traded the various websites are saying circa 76m were sells. I appreciate it's an algorithm but I'd be surprised if there has really been heavy selling. If so the share price has stood up very well. Let's see where we open tomorrow.
What baffles me is how the trolls on this board are so thick they can not even read an RNS let alone own shares in a company just troll said scompany. Pathetic.
When is this occurring?
So we could see Uruguay sign off on the Chevron deal this month I believe going by time lines stated. I don't remember if the Charlestown deal is subject to the Chevron sign off . Hopefully May is a busy month !
GLA ATB DYOR
Of course. All while the SP slips... LOL
..on the order book all market makers who had volumes of 1,000,000 yesterday have increased to 2,000,000 this morning.
IN4 - Morning.
I would have thought he would have reduced his "load" if he is "balls deep."
Afterall that is way to augment a family!
GL
IK.
GarryGraham
Posted in: CEG.L
Posts: 728
Price: 0.135
No Opinion
RE: Raya1drill
17 Apr 2024 16:27
Total Energies plc Drilled to a record low of 3400 metres in an area not far from Block 1, and the only thing they discovered was
DUST. GG
GarryGraham
Posted in: CEG.L
Posts: 728
Price: 0.1425
No Opinion
RE: Added
12 Apr 2024 12:01
I have added to my load today and intend to add further. Im balls deep anyway so a few grand more is just going to bring the average down and if the miracle happens my Grand-daughter is looked after. Its only money lot's more important things in life. GG
You’ve got to applaud GarryGraham for his novel approach to share ownership - claim to be ‘ balls deep ‘ for the benefit of family!
JBT Thanks - excellent balanced post. States it as it is without bias.
GL
IK
This is why it's important.
An announcement made by the Argentine government in early July 2023 has focused attention on offshore activities. Equinor and partners have been granted permission to drill the country's first offshore ultra-deepwater well, Argerich-1, in the Argentina Basin's CAN-100 block. Most of the country's hydrocarbon exploration is concentrated onshore (with both conventional and unconventional plays), and in shallow shelf waters of the Austral and Malvinas basins. The Argerich-1 new-field wildcat well (NFW), in a water depth of over 1,500 m, will test a new exploration frontier.
The high expectations rest for Argerich are founded largely on the recent deepwater exploration success in Namibia's Orange subbasin, where Venus, Graff, and Jonker were discovered. The discovery of more than 6 billion barrels of oil equivalent (boe) of recoverable resources in the last two years in the south region of the African conjugate margin has reignited interest in the southern Atlantic coastal margin. Over the last four years, international oil companies and independents have built interesting positions in the Argentina, Colorado and Pelotas basins in Argentina and Uruguay. TotalEnergies, Shell, and QatarEnergy have all had success in southern Namibia's deepwater and are currently present in the Latin America Atlantic coast basins.
The Argerich-1 NFW is operated by Equinor in partnership with Shell and YPF and planned for the end of 2023. It is considered to be a high-impact well (HIW) with potential resources estimated at 1,100 million boe. The target is expected to be the Cretaceous basin floor fan sandstones, similar to those found in the Namibian discoveries, that remains untested in the Latin American Atlantic margin. TotalEnergies drilled a NFW in late 2016, the Raya-1 well, in deepwaters of Pelotas Basin targeting the Oligocene, however the result were disappointing. The well was plugged and abandoned after being declared dry. To date, the only evidence of hydrocarbons in exploration wells in this general area have been from shows seen in the shallow water of Colorado Basin. Argerich-1 results will likely shape exploration in the region for the foreseeable future.
Source: S&P Global Commodity Insights.
Uruguay : Raya-1, at a water depth of 3,404 m that was plugged and abandoned by TotalEnergies in 2016. Raya-1 was drilled to an approximate total depth (TD) of 6,000 m to target Miocene turbidite with prospective resources that was said to be between 500 MMboe and 1.5 billion barrels of oil equivalent (Bboe) that was identified through 3D seismic but proven to be dry due to lack of effective migration pathways between the Aptian source rock and the previously identified Oligocene reservoir interval, according to reports from post-drilling analysis.
Source: S&P Global Commodity Insights.
Equinor rolls up its sleeves for imminent Argentina exploration well
Drillship Valaris DS-17 is en route to spud closely watched Argerich-1 wildcat.
https://www.upstreamonline.com/exploration/equinor-rolls-up-its-sleeves-for-imminent-argentina-exploration-well/2-1-1633211
And before some village idiot posts some rubbish about it not being relevant .. take google of S&P Globals Assessment of the Namiba, Argentina and Uraguay basins - including ours
JohnBriggs, why don’t take your own advice and “mind your own” since you’re not invested in CEG? Still posting late at night, I see. No one to give you hug? Maybe dirty a pillow dirty with tears cause if the miserable life you must lead wasting your time on a share you’re not invested in. Why don’t you try volunteering for a charity organisation, you will feel good about yourself, trust me?
The deal with Cheveron will get done and this is probably the best position this company has been in for sometime. A lot of industry excitement around this block….