Member Info for BaysilHope

There is something afoot, as certain delays don't make sense, timelines could have been waiting for GTE UK listing so it can issue shares for an acquisition and not cash nor debt -. IMO DYOR Vetra still on hold, some key assets for GTE and AMER link for the OBA. News will out, as the BB states it's too early in CPO5 drilling unless there is a ratchet deal reflecting that +3 well outcome. If we get a deal pumping GTE crude down the OBA MOU for future would help. IMO I think GTE & AMER top guys are a powerful unit and there's no rush build value coalesce blocks meaningfully and timely and majors will come a knocking. I could be wrong but our ECu deals etc are WIP we have key contacts, so to disrupt that WIP by GTE would be premature. Need RH gone and the dust will settle, we are in a great place, we wait for the day of unimpeded RNS delivery and this SP will fly. GLA Last post Wales footie on. JTD DOC & all great posts thx

Doc, this week mega busy, got a few numbers to call when my boss is Off site lunch time, will wait til end of week, mIf RNS due which he will sell into, and get a result. Busy in work at the Mo, so it will take a few days for me to get around there. Will do this I promise, but short term - the boss is there everyday, it's like a Turkish embassy - can't say one day from another or your gone. FFS HNY Bakoven Feckup

You have ONGC buying in Col & Ecu , GTE floating and you raise an evergreen turd FFS - get a life you de ramper. Where's FARC & no upside - Not appreciated. Sack of. GN

One theory I don't understand for the BB, I got interested in Oil late, but those wiser Owls would have shorted AMER PMO BP etc from the 2014 OPEC bomb for 4 years, foolishly I would have thought that money, profit, part of it would flow back in to renewed buying at silly low risk SP rates for most Oilees. This has not really happened. Genuinely I would like to know why, forget RH but marco economic - ish? GL

For the avoidance of doubt, Peak SP 66p 2014, Shares weighted 1,062k POO+$100 Mkt Cap $670m, great profits $after tax $43m. Todays shares in issue 1,216k SP 12p Mkt cap $170m ish with $60m cash and forecast profit $30m, POO $ 85 reason RH IMO, Why Cheap??? In 2013 we were monosyllabic- 2 blocks , I had more acreage than Amer, no pipeline Output yes from a virgin field, - little infra structure and growth pains and no CPO5 . We are in a far far better place with +1m acres with a low risk & long growth runway - except for SOL, BOD no news and RH. Our discount is full to spill. Especially since the Oil M& A market is back in vogue and OUR COMPEITORS ARE HUNGRY So shares issued after immaterial +9% with an 80% decrease in the Sp with only a 30% reduction in profit after tax. Rigged stack Sweet Pea. And Mkt outlook bril Centre of Action Latin Amer, with Competitors with Cash and active FFS GN JTD you are disrupting my sleep patterns with very good posts FFS .

Like your ideas and input gents, this is a broader project than most think. After a kicking this summer '- One thing I will say for GC he does look at deals within the bigger picture but has limited Com skills to us - for even with the RH down side pressure Churchill would have made a point - get me. Last points we are in the right place, valuable assets with potential, KEY IS DEMAND, India, POO $100, mega cash, very smart Col manageress, in country, and a Crap SP - and shorted to high heaven, Bliss!! - - Price check on Prune juice Marg!!

GTE to the West of Me ONGC to right - Now I'm stuck in the middle with you!!! BOD, which are in the mix of great things but please move on and tell us PI's the part of the tale you can, obviously a lot is in quasi compromise agreements negotiations etc but there are non contended bits to throw out. Agreed Doc, strategically we have prime locations and assets but more importantly active on the ground IN ECU engineering FFS. Dream on. GLA I've got a review meeting with Betty Ford just before the next RNS. Fkum.

Same article WOW key points, Speaking to FE ONLINE, on condition of anonymity, a very senior diplomat said that, “As US imports of Colombian and of other origin continue to decline, impending sanctions on Iran next month, supply constraints of OPEC, India is expected to look at other markets.”
“Imports of oil from Colombia and Ecuador will go up substantially in the coming months,” the senior diplomat added.
India has been gradually planning to increase the crude imports from Latin American nations to 50% over the next few years, sources confirmed to FE ONLINE.
There are four areas of cooperation in the oil sector identified by oil companies of both countries which cover: exploration and production of oil; activities of refining, processing and purification of hydrocarbons; and looking for more oil in the country.The Indian company which is already present in Colombia is exploring the possibility of expanding their footprints in Ecuador and has been looking at buying a stake in oil fields there. ONGC is looking for fields with a minimum 25,000 barrels per day of oil production. The key link Col & Ecu Bril End Great article. GN

Doc - first great analysis thx, second quote article key point for me -As reported by FE earlier, ONGC Videsh has discovered hydrocarbon reserves in its Mariposa-1 well, which is under drilling in CPO-5 block of Colombia. Also, Ecuador has inked a confidentiality agreement with ONGC Videsh and has been in discussion about the new blocks available in that country. NO doubt medium term deals being thrashed about - we are in the mix no doubt on the smaller stuff. Early finish tonight GLA - Hoping for a Comprehensive update soon, emphasise Compo. GLA

The only way GC will pay one, is the sale of CPO5 after 4 producing wells secured - where our 30% could be 8kbopd, if he fails now in the next 6 months - it is Et Tu Bruti, and I will warm the bath and build a hand rail so he bleeds slowly. If GC can deliver on his famous Jan 18 speech, jury out but so far we have been played and now up staged by a competitor. These guys are starting to look stupid indeed. Monkey see Monkey do. HNY GLA

Thx Doc, you have a keener eye than me, may sound a bit contrived, but is the continual discounted SP a ploy to win over II's and guarantee them a bigger return than just up rooting and going over to a far better managed company, with less deliberate manipulation and vagaries?? Who knows the current SP would automatically cause a fleet of capital unless otherwise manipulated. At last direct competition in London, should help us PI's longer term. Can't wait for this debacle to finish, I never thought this distortion was possible, it can only happen with the indirect assistance of the BOD, I'll never forget that. GLA & GL GTE new shareholders, if they bid for us I won't fight it trust me.

4 weeks to go to US Phase 2 sanctions on Iran - China Oil demand still up - Quote a brief overview - Platts Analytics expects Iranian crude and condensate exports to fall to 1.1 million b/d by October loadings, and to 800,000 b/d by Q4 2019, down from 2.91 million b/d in April.Another thing in Mr. Trump’s favor is that while governments in Europe and Asia have publicly opposed his decision to withdraw from the nuclear agreement, many businesses in those places have made a different calculation. They have concluded that it makes little financial sense to risk investments in and trade with the United States by doing business with Iran. After Nov. 4, companies that buy, ship or insure shipments of Iranian oil can be excluded from the American market and banking system unless they obtain waivers from the administration. POO certainly thru $90 and maybe $100, shorters have some Bolares to be fair. If I were GC I would be worried about the loyalty of our institutional; bed fellows after all this mayhem, as the compelling case for GTE unfolds, it could be easy for the II's to switch their loyalty and support a takeover of some sorts, best thing that's happened for us PI#s in a while. Beware the Ides of vagaries GC & JW and especially the overpaid RH FFS. They are walking on the wild side...GN I've had my outburst. Seriously 2 months of +$90 POO and Pint 1 will secure H2 profits. HNY

Thanks bigsmoke on the share register, I will call them this week and pass news back. If you look at a quality project\ asset you normally control time for news and business flow lines. As we know bad news outs a.s.a.p., difficult to hold back, unless you are Tesco. Sometimes key news is held back for larger macro issues so these have to be factored in. BUT 30% of CPO5 with 40 API is A Quality asset people chase you!! U control business time -worth say x 3 AMER mkt cap after taking Amer Cash taken out of the EV & if all 4 CPO5 wells hit target (Mar drill deeper) and reserves huge. This IMO is why we are being held back, so every piece of today's news is vague and deliberately blocks out tomorrow's dream = Black Sabbath song Vol 4 Bril. 'A Quote to make the point - Do not go gentle into that good night, Old age should burn and rave at close of day; Rage, rage against the dying of the light. Though wise men at their end know dark is right, Because their words had forked no lightning they. Do not go gentle into that good night' . GLA Don't let these M Feckers win, we have quality assets not valued, Not even considered FFS in the SP, greater value than the EV of the entire business and are deliberately being played down by OUR BROCKERS, OUR BOD, SKY SPORTS, OUR INSTITUTIONS NOT FILING %'S INCREASES AND OUR FECKING JV PARTNERS ONGC!!, VETRA & the Russians were right. We are getting played, like Aire on a G String, my favourite, I love listening to it a in a pair of pants, a chilled Abbott Ale and forget about the evil Ex wife - its all about timing - Bach was a clever bloke. GN HNY

Last post, I think time is running out for the artificial bear control on this SP, CPO5 is key and not far off, production improving and is importantly RH holding falling, GTE adds a new dimension to the UK Colombia news flow, so this is last chance saloon for the MM's to supress the SP at our expense and get cheap AMER. So all, cool head, a pint of Abbott chilled, not stirred and be patient. Get the sense RH is doing a Nero, selling more volume before he knows he will be overwhelmed by the Indico news train and PUT 8 updates. End of this month long stop date. HNY. FKIM

A successful Indico would destry the last 18months BOD\RH tactic, so close to finish. Hence block the news, delay it, delay it again and be vague - for if it comes in at 10kbopd the SP would literally runaway with upside value and the BOD MM's could not control it. So keep mariposa on LTT for + 1 year limit 5.4kbopd to 3.2kbopd and don't book reserves that should keep Amer sub 15p,delay continually your brightest most aspiring projects x 3 , not because of FARC, Now not even rain, so what else, oh yes a RIG FFS this game is now has a short lifespan, now GTE floats in London. Can't wait. Thousands would take it and sack the feeckers, keep the new recruit and that smart other girl. So question, why 3 brokers??? Is there deals hidden for Post Rexit??!!! GLA Been too long now, GC will never overcome the damage he has presided over. GLA

GLA

Depress the current SP by constant delays, MM's know the true value of CPO5 back to back 3 wells, Maripoa at 10ft did produce 5400 bopd what at 100ft lateral - Indico is massive compared to this well most significant discovery in a while and the RNS's are deliberately vague to drain RH in a value transfer from him to II's, by holding back drilling timeline. Civils finished 24th July and no rig - they should have had ours FFS . The BOD are playing a dangerous game, as GTE would love to be involved in that success and could swallow AMer in a second. So expect news I believe one way or another. So Big Bite there are No real reserves booked to mariposa COP5 which one well produces more the Amer with +3 larger prospects to go. We are not comparing apples here, these well are deliberately delayed IMO GC knows the Indians, and no reserves booked for this yet still on LTT FFS, its a rigged stack and we are getting shafted. So we are taking the temperature of the patient from outside the body and catching a cold, if you insert the therm into whats next - post games - its huge. We are close IMO, as soon as the BOD start mentioning spudding COP5 look out, they won't do it until RH is lower and the SOL falls. Question??? if you visit the Company they have to show you the Share register - is that correct,? so If I pop down this week I should be able to find RH holding and I could do that every week or so. I know that used to be the case, but with databases not sure of the protocol. Please advise. Anyone else in the area??

GLA, this is a deliberate falsification of where we are I believe, ONGC will go with GC and The II's + MM's will respect them for that. Stinks r3eally,s same with PUT 8, holding it back from GC and have an H Sand duster, Yes in my pants FFS, unlucky or a deliberate re-scheduling of Gantt charts. As some stage this will come together as deals do need to be done.

I've being saying that for the last 2 months FFs . 1m acres left and right & Put 30/31 - + the critical point is Put 8. As a guess Perhaps Vetra were holding out for an N Sand drill result FOR Amer in their dealings with NSE -this N sand duster could fold Vetra's negotiating position - in with GTE for Sur Oriente and PUT 8, the NSE deal for Vetra due for signing 31st July now + 2 months late could now fail and fall in with a deal with GTE and Us as operator of PUT 8. This drill Pint D drill results could have been holding up closure of PUT 8 drilling. I think we'll get operatorship PUT 8 and use the OBA, and we've held back for Choritza. These news delays have 2 objects - control RH but frustrate potential deals, where the opposition have less cash i.e NSE & Vetra, ONGC is a different - it beggars belief FFS. GLA news soon and A lot of it now RH is down to say 15m, it's been a long wait and IMO Too Fecking long with POO+$84.

What the hell is that link, I've been legally babysitting on share down days and not good days - that's a Nut post but VERY APT enjoyed thx Baz

This month I hope to 'POP goes the Weasle Excellent description, and bang on. Good luck. Bril post Great link cheered an Oldee no end. Thx again great Imagination spot on IMO DYOR on mental health issues. I'm a basket case singing along I knew all the words. FFS The sad thing in the video IO knew the Shorter and borrowed shares 7.6m FFS or was it the ferret disguised a s a weasel. GN Cheers Ta gn

In work today, first time read a stream of great stuff and BigBite mega update on RH holding. GLA. As others have said it does feel that the volume is purposely driven to get an exit. Can't wait. Genuine last post this week has drained me totally. GN Cheers all keep it up, Enjoyed the reading. Strong bond.

The guy has something for me-genius natural ability- great mentor, modest clean these shorters need to grow up. Listened again u tube WHAT A MAN truly great. GLA HNY.