Member Info for BaysilHope

New Stratus Energy is a Tax loss shell, NO Income, Directors loanded it $330k to keep going FFS , No Cash just the mirror of a deal, give it the Col assets reverse into it Take over then- break up yes use the losses and hold a smaller core assets to develop. Vetra were supposed to sell VMM2 pre deal which has not happened, they have no Sales, and cash is ticking away at a daily rate. They spent $500k on the legal and professional for this deal, so A Key player would hook 'em in and wait for a xit timescale and watch them to run out of cash, Or am I sucking it Up. Yet after the acq'n - The new buyer would realise they are land locked - and stymied to Truck Oil - What Canadian Pen fund is going to do buy into that. Their largest asset is Sur Oriente which GTE 15.4% and Ecopetrol 48% output want these monkeyees gone FFS agree a price and let these guys go. This big picture is the key driver IMO Col Oil thru OCP by which ever is the safest and cheapest route. HNY Put 8 is a winner for me, I think this is where we and GTE meet at the hip operationally.

Quote, if to be believed, Pintadillo-1 will be a slightly deviated well, with a planned total measured depth of 8,448ft, and is expected to take approximately 21 days to drill and log.

If successful, the well will be tested and produced fluids delivered to the Platanillo facilities for export via the OBA system. In the event of a commercial discovery a second, deviated well will be drilled from the same pad to evaluate the accumulation. The Company is also evaluating the potential for a third well to be drilled horizontally, should the reservoir encountered be suitable for this technology. The Company believes horizontal drilling could significantly increase the drainage area, and production per-well. End - If It is horizontal, so there could be a delay as ML has gone for 28 Days, to be safe. I'm waiting on Ecu Intracampos 2018, Put 8 Sur Oriente New Stratus Energy TSX where the directors had to Loan the Tax loss shell $300k to keep going, one thing JW does well is the LONG GAME, played Put 14 well, no doubt frustrating other targets and his Fecking PI's & RH game of thrones, , but this could well work with Put 8 where they have their IPO - New Stratus Energy would have to truck oil in a Monsoon, and then CPO 5 where waiting helps in the longer term value with Indico, there are two more CPO 5 wells back to back for their ONGC Videsh IPO which might take a while. So bagging part of 4 CPO 5's 30% rather than 1 makes sense. We need Indico to spud soon. GLA. Expect N sands drilling results before the Interims. HNY

if all these come in HNY, then there are two more CPO 5 wells back to back for their ONGC Videsh IPO which might take a while.

Cheers, I 've averaged down like so many, but the real news is not out there yet, won't be long and we should be proud of an investment not ashamed - Lets hope the Game of Thrones comes to a quick end and we can resume normal service please. GLA GN. HNy

I think we are all beaten up, I am and lots of BB longer in this than I. The lost opportunities hurt when your investment is tied up under water and others brisk forward. I sold PMO as I thought high Debt, a tariff war would hurt and went for under valued no debt cash gen business. Which sounds logical until you enter the RH divorce war, which will unwind and is impossible to comprehend in an algorythm - never spell that. Still, I think a lot of positive news lies ahead, unfortunately my frustration spills over and I apologise to all for that. GLA I think we have bottomed might crab a tad as RH threat resides, but looking at JW in his Yellow willies in the jungle on twitter gives a glimmer of hope that these guys will some day deliver but more importantly the games stop- that's key IMO. Thanks for your post.

The first time I ever experienced a Value trap and a true gruelying and sustained bear Market was when I got divorced. I never realised how a black hole can Coalesece problems quicker than they can play out in reality. I think we have laid down a marker with Amer today and the photos of the Rig Mob starts to convey to the PI what we are about. We want this Company to succeed. Notice on New Stratus Energy Seder filings, no deal done with Vetra yet, also notice, they are insolvent ignoring the fresh equity raise so surely this must be a Reverse Takeover on TSX, look at PMO reg on Eon Jan 16, smells as Peter Cook as the judge The' Odour of deception. End there. But this Shell, IMO is a front, we could hit this deal hard with cash a bully a deal out of the shell - FFS it's there for the taking. GLA Glad of Spud, 8 to go.

Last point- we are all tired, In April 18 reasons not to be Cheerful Part 3 Ian Dury 13.4p , Now frustration more than Critical dysfunction 14.26p . We are ALL UNHAPPY, but the ship is still banging on. So If we are all prepd, work in union, down sell sub 10p, and frustrate we get a cheaper re-entry. GLA GN

IMO Since the Collapse in Our BOD honesty April 18 , I think the N Sands are purely a SP news PLay next 3 weeks , thwarting any recovery, that's the Bad News. On The other hand - I think we have made great strides in deals Blocks elsewhere, only a guess and IMHO. So Let the news out next 2-3 weeks, but we can drop the BIg Anytime to drill , FOR AND YOU can't get - you can't gain a Block that easy. GN Last Post. HNY

We've been saying this since Charlton Heston was in Ben Hur, until the BOD grind out a result we drift. IMO DYOR research, I think we have a whale in the net - Wild guess, Alex Snow, Dana GC, Ecuador, look Darkest before the dawn and tmz may disappoint and next week - suck in up. . Remember Alexander the Great Never lost a battle he considered his plan and executed it. I think our Deals in Progress frustrate the news flow IMO DYOR - We have a lot to gain. HNY GLA.

This sums it up really for me, better delivered by Roy Orbison. In Dreams Amended.
The Big ‘O’ In Dreams -
A candy-coloured clown they call the Market Man
Tiptoes to my PC every night
Just to sprinkle Fear and to whisper
"Go to sleep. Everything is NOT all right."…

I close my eyes, then I drift away
Into the Manic night, I softly say
A silent prayer like Private Investors do
Then I crawl asleep and Scream, this Mkt Cap is not true.

In dreams I walk with Amer SP, in dreams I talk to the BB
In dreams My investment shines, not all of the time
Only together in dreams, in dreams

But just before the Market opens,
I awake and find the SP gone
I can't help it, I can't help it, if I cry
I remember that The BOD said Buy
It's too bad that all these DELAYS
WOULD only happen in dreams
Only in dreams, beautiful - manipulated - dreams
GNA GL. HNY

Courtesy of ONNC Videsh, Quote • NOTICE INVITING TENDER (NIT)
ONGC Videsh Limited invites online bids for “Hiring of consultant for SAP Business Planning and Consolidation (BPC)” through the e-procurement portal https://eprocure.gov.in
Tender No.: OVL/DLH/MM/BPC/1343/2018-19/OA4PC18011 (E-Procurement tender ID: 2018_ONGC_361474_1)
Last date for receipt of queries from bidders: 27.07.2018. So I'm based at indico drilling Colombia and can read their business plans, problem is they are use Excel 1958 Version 4 which involves hand signals and brown envelope print defaults FFS . It could be a long process - will be in touch. Last Point PM May Trade Mission to Nigeria, sounds like General Gordon in the Big K Rout, the last things came out of there were corruption and a deadly disease - What the Effram is going on. Meet in Switzerland and learn to be a currency FFS. GLA News some time. GLA

last profit 2014, 2015 $27m loss and the SP was higher then with POO falling off a cliff and now we are in a moderate bull phase in POO helped again with Iranian sanctions in 2 months time. Crazy state made possible by BOD failure - some deliberate no doubt, but if they clean up the act -we're all good. GNA GL

Hopefully, tmz or Friday should not be THE Set up Shock and Awe of early April which started the relentless decline. We are at a near 5 year low yet making trading profit first time since 2015, cash gen and no debt, able to deal in a market with opportunities. Cash in hand must be +$65m and in the midst of deals. So No News depressed SP but not Quatermass. BUY at the right time, Positive news upward we go. So like nearly everyone is sitting on Cash full barrel and ready to deal. There has to be news sometime, there's no notice date yet for the Interims, and the MM's are losing cash with each day with sub 1m traded vol, Dry County be Fecked. AS Guns & Roses said, need a little Patience Yeah, Yeah. GLA

As all partied are fully involved, GTE Vetra EcoPetrol PetroAmaz & Amer - we have worked the yards, so will be interesting to see what happenings if anything, but for work rate it is Amer no doubt. GN

Our insight on RODA limitations upgrades key to GTE, Ecopetrol Petro Amaz and us for access to OCP . Key working group for long term Benefit. HNY

JTD, what I should have said a while back was, by constructing the ChZta pump, we would have had full access and audit to the RODA and subsequent pipelines to deliver the appropriate engineering solution. Which we will do, so from a bidding point of view ishhhh We are in a good place all this news is in the public domain and we choose to be proactive others don't. Hidden ground gained not in the news yet. HNY Last post GBA

JTD we've nicked their Ecu VHR engineering team, we've been there since 2016 if you think of it, more progressively since Feb 18 this year with a full team building the Chiritza pump, we've probably sorted recruitment out over the Odd Cervasa & Vino by now. Petro Amaz & amer in the VHR must be joined at the hip with operational joint understanding, the learnings we have built up - NOT SHARED BY THE BOD - must have considerable value - as NO ONE has invested in this morthern Ecu region for years and it is difficult and perhaps we don't give the BOD credit for dealing with difficult, which we should and then they LET US DOWN, end the cycle of distrust. As an aside watching films - I've asked for a tasting with 'John Wick'. the boogeyman to review AMer in Colombia. HNY

Great BB debate, its whats best on investing, quick small point update Vetra were supposed to sell this asset prior to the LOI expiry 31st July - See below exert and update from Canacol
About Vetra Energia, S.L. & VMM-2
Vetra, a company incorporated pursuant to the laws of Spain, explores for, develops, produces and sells crude oil in Colombia. Vetra has interests in exploration and production blocks in Colombia, including the blocks listed below (the “Assets”). The La Punta and Suroriente blocks are under contract with Ecopetrol and the remainder of the blocks are with Agencia Nacional de Hidrocarburos (“ANH”). In addition, Vetra also holds interests in the block VMM-2, which it intends to dispose prior to closing of the Transaction !!!!! . Checked With Canacol mot done 21st Aug Update, it involve Middle Magdalena Basin
VMM 2 Oil Conventional Exploration 75,610 50,583 67% Canacol Vetra (33%) ANH

GLA GN.

Remember the Chzta pump is ahead of 3-4 spurs of ECU RODA supply toutes , so if we bid we are NOT gazumping Ecu Output displacement but adding. GTE needed IMO DYOR a commitment from AMer before this opportunity and the pathway for Col output thru Ecu - this has been done, news will be soon bad or good but at least Amer had tried with Chiritza, I Think we could be the best link partner between Ecopet & Petro Am as GTE are too broad other massive areaqs and leave us with Dana to scope the manor. Sounds nuts but with Oil and property and others STRATEGIC PIPELINE access & location is Key don't give it away. HNY Amer has the ADV HNY

Sorry again but if we can coalesce +2.1m acres of Col between West GTE & East Amer and further growth +100% next 3 years drilling and planned acquisition blocks and Ecuador add ins - in a united bid process for pipeline supply access into Ecu the GTE & Amer machine - the wheels fall of the bus, huge profits til now fragmented, Huge change short timescale. Big change coming soon. HNY Cheers Focus 321 will go to sleep now - had to get the oppo out there rather than this -ve crap and lack of shorting ideas FFS.

One good thing from this GTE +1.1m Acres West , Amer 1m East Vetra is in the middle on the border evacuation route for Oil Ecuador, as explained earlier - no short cut big project long history, advantages for GTE they have the Land and producing assets , we have the cash and supply line , in a race 1st to $300m available for acq'n s is Amer with +$60m free cash , maybe why all drilling delayed, in a bid war - only a guess DYOR IMO GTE saddled with debt after massive acq'ns so Amer have a big role see previous - Vetra supply lines blocked in a sandwich from GTE West 1.1 m acres needs an outlet and Amer East 1m acres needs a link to OBA . News will out. Pressure build up - deal must be done soon. Bid is time definite and only available araely, drills have more control and planning. With land buy first if key drill 2nd priority. Key deals IMO happening soon. Maybe tough luck?