Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Well hopefully todays news will start to invigorate the share price and those that want to exit can leave and those that see an opportunity can buy in.
Of course they’ve got to find a farm in partner,we’re a junior e&p company.
@Aimshame. Spot on. He says he is looking for a farmin in 12 months - so we can judge. What we need to avoid is a never ending cost creep of Morocco. Either a major gets interested or they don’t. $3m won’t break the company, but endless reprocessing will drain it with no likely return.
They need to farm it out, EOG can't afford to drill the well. Anyone can farm into a licence for $3mm but the only proof that they are performing is if they farm it out and get a well drilled. Remember Morocco .
After todays news I’d say they are performing.How long do you think this deal has been on the cards for.They don’t happen over night.
Until they start performing and not just taking the money they need to be reminded of their short comings. I’m not Intentionally trying to boil the p*** of board members here only the other BOD.
@Gardner.. Been here longer than I care to remember with north of 65k in here. So we all in the same boat. AIM is a massive gamble that's why we are attracted to it. I have no more knowledge than you my friend. So yes my glass is half full. Takecare.
G - can’t believe there is any lth here who isnt sitting on a loss. But either we think on balance the SP is going to go up - so we hold or we think it’s going to go down - so we sell to preserve what little is left. What other options are there?
I love your enthusiasm it’s refreshing, I probably don’t have as much experience as you but I can just about read but truthfully it’s six years of failure and a 25k loss that does it for me.
Maybe that’s small change for you?
I learnt too late aim isn’t all it seems?
AimMaster 😂😂
Term,
Which board member are you???
Who says they don't have the ability to execute them. You must have a vast wealth of knowledge when it comes to Oil and Gas exploration. Back to my point if sentiment changes here where will you be. I don't see any point waking up every day slating the management. I suppose it's the glass half full and all that.
Accept we’ve heard it all before and should remain questioning- but there were going to get criticised here whatever they did. Have a watch of the video - at least we can say their marketing has got a lot better than before.
It’s having the ability to execute them not the quality of the assets??
no, just heard it all before, many times
i am a loyal, long term shareholder and don’t ***** or praise according to daily share price. the one thing this company has been brilliantly successful at is large failed projects over many years
of course i hope this works out - can’t afford to sell my holding
Inishkea, Serenity and now EG. If any of these current projects finally come to fruition,I wonder where all you little piggies will be. Lining up with your snouts firmly in the so called trough. It's a funny old game.
Https://www.europaoil.com/operations/equatorial-guinea/
“The AVO story is very compelling and, accordingly, we estimate the chance of success is estimated at 60-70% for the three prospects. Volumes across the three identified prospects are estimated at mean prospective resources of 1.3 TCFE (this figure includes the gas and liquids). Together, these three prospects when combined provide over a 90% chance of finding a commercial discovery and, as such, this is a high quality, low risk and high reward asset in shallow water with modest well costs.”
This is a real positive step forward for the company IMO, a very high COS, no funding required (farm out for free carry), next to infrastructure in a proven play / active pro O&G environment where the majors are.
Yet most on this bulletin board can not see it
Izstar- more confetti shares - no shares are being issued. Or have I read RNS wrong.
We find some lost hidden tribe out there
Seems the SP has ticked up - which is a bit of a surprise on what seems a largely unknown prospect.
Yes I remember his failing at petroceltic - only interested in their titles and salaries
Sick to death of them all
I would wish you all good luck but utterly pointless
Funded by UK onshore Wressle?
EUROPA OIL & GAS (HOLDINGS) PLC will be holding a Investor presentation meeting on 3rd Jan 2024 at 2:30pm GMT.
Si Oddity starring in LockStock and two smoking wells.
That wasnt the message i was hearing when you had posters saying we couldnt change BOC because of his great contacts with Ireland. Ha,ha. He sits there taking his money and allowing the BOD to extract all the money out of Europa. He is a terrible Chairman. He has been with the Company for 5 years and done nothing. Just like the rest of them.