Member Info for BaysilHope

No one and I mean one offered that due to bad weather the trucking of output ZERo GAME OPtion if OBA restricted FFS, so THis Is In the rare term fairness the BOD output would fall, irrespective, so do so and say Royalties. Wake up guys!!! Look at longer lead time project deadlines, which can be monitored OK allowing filfthy mouth deadlines for to crush PI's and DR Who? Suck it up princess!! HNY These delays have helped be a better person, lowered my carbon footprint, increased my waist line and enjoy art a lot more- ish ?. HNY

Cheers any info great - still watching Emmerdale not Bloomberg POO nearly $70 Pmo taking a kicking we have no debt.GLA only 30 mins to go.

Integrated of course, if you totally ignore the May presentation which had Amer taking over BP by July and strip it back down to earthly timescales for real events, factor in physical delays, logistics, market publishing deadlines and demands by third parties and various obligations - I chill out . Play the excel Macro and watch it play out. Expect no news tomorrow, this week compresses the forward news curve until break out driven by forward progression of physical events - the market is unfortunately a negative distraction at the Mo. What I Mean, take N sands - Put 8 Indico Sol and so on utilise a diary system elongate factor in POO forecast and etc etc and then exercise commercial experience, you can then stab at a forward plan for a cascade of info, totally ignore the BOD and the deliberate deceptacon Caca Torro stance , the chaos makes far more sense then. I have potentially 5 bits of material news to be delivered before the 25th Sept Interims including that day. Silence maybe 10 days more and that's it, due to third party activity. HNY - I have my timeline and will never trust these guys for forecasts, will do my own. Watch out for Ecuador, JTD will need your help, Intracampos results bidding news yesterday - have you picked up anything. GNA - Got Emmerdale omnibus to watch with her!!! FFS

First and foremost JTD we've missed the contractual detail and my boy the hard summer plus the Amer downward pressure no doubt have given you cabin fever and I love the Annie song, performed with gusto and passion no doubt. Great to have you back. It has been a void - both trading and news flow. With regard to POO & EIA Oil build - EIA weekly oil report: Stock build adds to bearish sentiment !! Wooo - Nero
US crude oil inventories increased by 6.81MMbbls over the last week reported the Energy Information Administration which is significantly more than the 3.66MMbbls build the API reported yesterday and very different to market expectations for a 2.5MMbbls drawdown. This build certainly hasn’t helped market sentiment. So POO down for a few weeks , reminds me of an avoidable accident if due care and not attention - here greed - works itself out.

Quote The pilot had recently purchased the experimental, amateur-built Long-EZ airplane, which had a fuel system that differed from the designer's plans. This deviation from the original design plans did not require FAA approval, nor did it require a placard to indicate such a change from the original design. Causes
The National Transportation Safety Board determined that the probable causes of this accident included the pilot's diversion of attention from the operation of the airplane and his inadvertent application of right rudder that resulted in the loss of airplane control while attempting to manipulate the fuel selector handle. Also, the Board determined that the pilot's inadequate pre-flight planning and preparation, specifically his failure to refuel the airplane, was causal. The Board determined that the builder's decision to locate the unmarked fuel selector handle in a hard-to-access position, unmarked fuel quantity sight gauges, inadequate transition training by the pilot, and his lack of total experience in this type of airplane were factors in the accident. End - I thought they were talking about Trump and world oil and the US administration. NB Notice KSA cut Oil output in July as Libya rebounded, lend support for POO. Trump +2mbopd from KSA came to mind FFS!! Oil Spike inevitable I say late next year. GLA

What I meant to say was both AMER and ONGC are benefitting from producing less than 5k in their respective blocks/ areas for royalties and tariffs for the real and arduous problems created by UNKOWN events!! Plat is under performing by say 1-2kbopd and will be transported down the OBA, namely Plat 22, which has had more make-overs than Betty Davis and the area will really flow once Ecu RODA pipeline is sorted. . We don't really know why the CPO5 is choked down by minus 30% for 6 months - a guess - it was told too!!! Feck PI's due to massively in depth RNS's and constant update from the BOD, relating to a potential investment which has the same MKt value as AMEr if you strip out our cash for EV val purposes. My laud. maripoar production - 41dgress API and Very highly sort after light oil is still choked to say 70% of initial production rates achieved 12 months ago, despite the massive size of the reservoir and no reserves booked to date - i.e meaningful played but a real comfort at 14 SP . As Sir Lawrence Olivier Stated at the Nazi dentist in the Dustin Hoffman Marathon Man ' Is it safe,,,,?Is it safe!!! Dental drill, Is it safe ,,,??? 1 Yes it's safe its at a 5 year low FFS ITIS safe for Jesus sake it is safe at 14p. GN

Back from JDW's Steak night - great value - Abbott Ale cheap as Amer LTIP options, Back to read the API news, Quote 'Oil Slumps After API Reports Surprise Crude Build ' By Julianne Geiger - Aug 14, 2018, 3:50 PM CDT
The American Petroleum Institute (API) reported a surprise crude oil inventory build of 3.66 million barrels of United States crude oil inventories for the week ending August 11, compared to analyst expectations that this week would see a draw in crude oil inventories of 2.499 million barrels. Last week, the American Petroleum Institute (API) reported a draw of 6 million barrels of crude oil. The API reported a draw in gasoline inventories for week ending August 11 in the amount of 1.56 million barrels. Analysts predicted a smaller draw of 583,000 barrels.

Point here is Global Oil - Next 5 tears are a tipping point for 20+ year Oil projects - with current Tariffs and trade threats POO needs +$80-90 POO min for massive capex projects , which is not happening. Good thing with AMEr no doubt sheltered a tad from the trade winds. Anyway the strengthening US Dollar works against the POO so investment and commodities will be further subdued and Shale struggling with massive depletion rates , reducing sweat spots and hanging debt, rising interest rates and credit curbs, pipeline supply restrictions- WOW . All in this could lead to +$90 POO when Iran sanctions happen, as no one will invest serious returns with the POO Forward curve and current Trump mid election discounted voter related oil artificially discounted. Once re-elected game shooting season again . Trump gave Corp tax cuts - Trump gets cheap Oil for now, until outages and physical supply due to pipeline restrictions take a hold. SO buy in kids, get this sucker cheap, whilst you can. GLA GN Not long before the Oil supply famine starts, with its coats of many colours and Feck Trump then after the mid terms , as history tells us Japan 1940's kicked off due in part to the threat of Oil supply threat\ disruption. The pressure for higher Oil will be constant - China avoided oil Tariffs last round, they are wide open and India and when the games are played out, the POO value reality will be regained in say 3 months as Saudi won't pump +11m and risk OPEC destruction now it and Russia have a 30year term agreement and control world Oil, before renewables kick in, so massive investment needs massive POO now as in 10 years its too late to earn the IRR's FFS for a 4 or 8 year term joker. Oil Spike Next 12 months - has to happen. The tariffs will feck world demand but a massive drop in Oil output with Iran Venz perm reductions, will lead to a higher POO and will be inevitable, invest in Oil related companies no debt and protected from tariffs with strong internal demand as backup. AMERish.

In answer to your question, a little knowledge doesn't convey the hidden background potential here. Output is simple, read the monthly RNS, set up a spread sheet and tag the POO easy in 30mins to keep a tab on revenue. Remember this is one of the few companies I have EVER been involved in which takes deliberate measured steps to understate matters, read the history to understand why. For example CPO5 mariposar only down 12ft from a 120ft net pay that was a year ago, initial output 4.6kbopd choked down to say 3.3kbopd probably so ONGC avoid royalty costs, AMer have 30% of this block - in essence that one well has produced the same as the whole Plat field 2 months ago. So our output and reserves are materially understated with just that 30% of one well and no material booked reserves in 2017. If Indico works, then they will have to come clean in 2019 as that could be double as we drill further into mariposar. The whole drilling prog has been back scheduled by 6 months primarily to allow more space OBA capacity to flow thru Ecuador, so our current production is 1-2kbopd light for Plat 22 and we avoid royalties below 5k threshold. It will come good in time when RH is gone. So there are 3 output figures and 3 reserve figures. The highly discounted RNS negative slant in the public domain depress the SP version the Clingon cloaking device version 1 is 14p SP . There's the real version whereby the Indians play ball, play fair and drill out the next 3 wells and the OBA is upto speed after the first 2-3 N Sands drilled - The Indian Summer Version 2 .Sp +32p and then there's the Post RH- Alex Snow version after acquisitions in Ecuador, Put 8 and Put 13, SP +60p and Output and reserves up 300%. As each week goes by- imagine that we are floating from one Output and Reserve continuum into another. The shelf life of version 1 decreases as the statistical success of version 2 improves with investment workload and the effluxion of time. Version 2 2-3 months away. GLA Sorry for the blurb but the BOD have their own communication agenda which can't go on forever so reality is materially distorted to seve a separate outcome. LAst post Going out.

It is not a poem but an analysts review at the discrepancy between JW's Malcy triumphant boast about Mariposa and Plat providing a 2017increase, yet on review and as Few Arthur Daley moves by the Indians - excluding CPO5 reserves fell and so did the SP. The rest is history and a weekly trip to have a laugh and a catch up with Ant MacP at the Betty Ford clinic. Speak with Forked Tongue be fecked!!

Quote - MicMag Jul 21 - Abyss

Sometimes I fall Into a bottomless pit Of despair - 'deep breath'

Other times

It's a bottomless chasm - END Simple As. Hide the razors!!

Should spud real soon, weather permitting, fingers crossed some +ve news next 2 weeks - which gives a month to get a rig in place for ONGH, surely they could do that FFS??!! . Can't wait for this monster to erupt... Put 8 news, our spud date? Plat 22 Spud,date? Apollo 13 myth or reality, JW is the master at communication suppression, the exact opposite of Trump, I bet he has 28 agendas for 28 different contacts, great but in the end could limit growth, yet even HE said news soon . Been a long wait, can't go thru with this Circus much longer, let's get the facts delivered honestly, on time, FAIR and in accordance with AIM standards befitting a potential FSTE 250 entrant which we could be in 2-3 years time, if we learn to communicate. GLA Knackered. Bed time. GLA

I've checked Google Earth and the civil works plus 3.8km road is called the A21 API and the delay caused simply because we've diversified and built a JD Wetherspoons in a layby to speed up the Consultia Pravia process or however it is spelt, based upon an Old US Settler trick, serve discounted Whiskey to the Injuns and make sure the grafters, true workers in the field get cheap quick grub in the 15 minute lunch hour and a decent cheap beer to get to sleep. FFS Makes sense, we'll get more fluids thru the JDW tills than the OBA at this rate - as Majestic Giles only knows too well. . HNY

Last July 109kbopd production was lost to field closure 10th - 28th July and the POO Mid $40's so revenue circa $3m in July 2017, gross loss and with Overheads probably lost $5m for that month. Now we know July 18 was 4.8k @ $70 Revenue up to $10.5m, ahead +$7.5m despite Plat 22 in limbo. The N sands well potential drilling fairway- runway is huge 6 wells per pad, the pipeline capacity is key. Interims last year were 25th Sept so first results from the N sands should be known by then and Indico close to final results, its up-dip shallower drill and with a proven targeting model to work from. GLA

New Pump Station Not a toll device , Why take such a frontier risk, way off the charts RE: Location unless there was a strategic advantage. At a Guess that Pump Station would add say 50kbop pump capacity to the RODA line - not explained . The point I have made and am boring, is the Strategic objective of this investment has never been delivered. I.E Race ahead with Chiritza delay N Sands, designed for SP suppression, If I were CEO I would let Plat 22 choke and drilled N sands - ALL OF THEM - for Reserves, proof of concept and SP gain and new output. Added value PROVE THE RESOURCE FIRST - I didn't understand to the degree we are fighting out OWN BOD on news. Anyway the New Pump will gain us new blocks or advantages in the Ecu area soon, especially in the bid rounds. GLA HNY

Quote - poor translation - Manuel Jove vende la petrolera Vetra a la canadiense New Stratus Energy por 76,43 millones de euros
La operación tendrá lugar en dos fases 76,5 millones de dólares (65,61 millones de euros) serán abonados ahora y otros 12 millones de dólares (10,36 milloens de euros) se pagarán en los próximos seis meses Manuel Jove sells the Vetra oil company to Canada's New Stratus Energy for 76.43 million euros The operation will take place in two phases 76.5 million dollars (65.61 million euros) will be paid now and another 12 million dollars (10.36 million euros) will be paid in the next six months. THis is the new I've been waiting for Distressed sale by the Manuel Guy, this will be carved up no doubt by the Circling sharks - us included. HNY get Operatorship Put 8. Min GLA

AIM Standards here are at test. Min my losses in accord with law, HNY

Simple As Claimed, the last 4 month RNS's have deliberately disadvantaged the ordinary PI by the continued expulsion of unfair and unbalanced RNS's, designed to extenuate the negative and restrict the positive, with the complete knowledge of a Large material stakeholder 2 year disposal program in the background and inflict harm on his disposals without regard to the innocent PI My Laud. Case for the Plaintiff. - INIT I'm in FFS

FFS - this is so obvious AIM Rules of Due Diligence and Price Sensitive info FAIR DISCLOSURE - and we get 4 month one sided RNS all -ve, add then delays in RH holding status and ontop of report negative RNS yes but the POO up +43, output up and so revenue profit ???!!!!! , its a rigged stack as I said profited by the few , should be thrown back to the BOD in a Face to face meeting and the professional bodies alerted and compensation for time and effort bringing this to their attention, the blight on AIM professional standards pressure their status of AIM, how could we become a FTSE 250 with this behaviour and shower of Chris Evans merde FFS FFS - the truth always wins .......in time, as all time has to end, so space time. We need a super Nova of new light and new Professional standards or change the BOD.

That's what I was getting too, unfair, in July 17 we lost 109kbopd due to civil unrest, Amer loss making - easy to argue these RNS's an 'Unfair' deliberately conceived to reduce the SP as in July 18 Amer id better off that a year ago, . HNY So yes we lost July 18 Output but no mention of +300% against July 17 no context - dis information of a professional Chartered Accountant against the Institute rules. Comp[laint going in for repetition of abused reporting responsibilities.

General disclosure of price sensitive information
Rule 11: General disclosure
(a) This rule promotes prompt and fair disclosure of price sensitive information to the
market.
(b) Article 17 of MAR provides separate disclosure obligations for an AIM company

Once OK, once over sight twice an No sight - 4??? SP Manip Not True & Fair??

GN

Now RH on the wane get in their face. Up grade the PI' pressue. GN