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I'm not sure they are all sells ...
That's mopped up all the sells that's y it hasn't moved back down
Just seen :-)
5,000,000 buy ..wow
That is some chunky buying
Share buys ! Nice !
There is no current evidence to support the current location as being in Nigeria. Your post also states that its enroute.
Triangulation in play.... Its gonna pop soon... First target is 2.57p maybe 3p if we're lucky.... No, not in a straight line but it'll get there... IF we get BP on board then I expect it will hit 3p very quickly.... GLA
Tick up coming, another day closer to news
Rig: COSLPower Rig OverviewDetailed ViewContract InformationGoM Permits Rig: COSLPower NameCOSLPowerOwnerChina Oilfield Services Limited (COSL)ManagerChina Oilfield Services Limited (COSL)Rig TypeJackupSub TypeIndependent Leg CantileverJackup TypePremiumMax Water Depth (ft)375Max Drill Depth (ft)30,000Dimensions (ft)236.56 x 224.41 x 27.89Leg Length (ft)506.39CompetitiveYes Current Location CountryNigeriaRegionWest Africa Drilling Equipment Drawworks TypeNational Oilwell Varco D-3000 UEDrawworks HP3,450Mud Pumps TypeNational Oilwell Varco 14-P-220 TriplexTop DriveNational Oilwell Varco HPS-750Hookload Capacity (lbs)1,500,000 Rig Construction Details Rig DesignBaker MarineRig ModelPacific 375Year Built2006Country of BuildSingaporeYard NamePPL ShipyardGroup Yard NameSembCorp Marine Ltd. Rig Contract Details Operating StatusEnrouteOperator--
The Rig contract runs from 15th July to year end I believe, so would expect it to be enroute by now. Lets hope so
Calm down I didnt say the rig has arrived ffs.... I said we will be given an update as to its EXPECTED date of arrival seeing as it is en route.... It will take a week or so to set the rig up going by previous drills in a similar environment.... And no we wont have any test drills or results it will be a simple case of setting up the rig and drilling the target zones... I EXPECT we will be told when to EXPECT the arrival of the rig and how long they EXPECT it to take to set up drill.... Aimo & ATB
your a rig expert then are you? who told you there will be need for preliminary drills?
coming the same 'expert 'claiming SRPS share price ''Booom!!!'' weeks ago, I'll take my chances thanks. read the post again, i'll put this into simple English for your benefit. the rig is far away, there will be required a series of 'early' ie. preliminary test drills and analysis using the rig before anything is fixed.
what are you talking about? without the results of earlier test drill? what earlier test drill? wish people would up to speed before posting rubbish
the rig hasn't arrived and remains some way off. Without the results from an early test drill, there isn't going to be any news. So calm down and don't hold your breath. I expect there will be news later in the summer.
Reckon we will be told further on how BP negotiations are progressing with maybe a timeline attached and news relating to the rig and its expected date of arrival. Aimo
Bet they are waiting til final results are out then before any the newsflow starts.
Should get final results RNS by end of this week as the last 3 have been: 29 June 2016 30 June 2015 30 June 2014 Could get more news at the same time. GLA
Looks like spreadex flushing through their final shares (smaller trades), seen this before, must be very close to finished selling. This will then move quickly upwards IMO.
The confirmation of the bp deal could be weeks away yet. It would of be good to see this continue to build on yesterday
Nickel'dime beer money trading, goes with the territory....
Is looming.... Once the RNS drops to announce BP is on board this will rocket like there's no tomorrow... Its coming..... Rig on the way and expected within the next couple of weeks... Drill targeting 9 zones...2 tested, 7 untested.... Mid case NPV10 is $49m and 10kboepd.... High case NPV10 is $139m & 22kboepd.... Risked NAV without BP is 2.3p.... Aimo dyor & GL
Looks like someone is dumping today lots of big sells
Great start, all buys