Member Info for BaysilHope

One quick post, JW IMO DYOR wouldn't be going to India for +1 rig - this weekend, its far more deeper. He goes there now - not representing a under resourced Mid Cap, but with OXY support behind him, deal maker. Note that OXy built the OCP so they know Ecu backwards. JW has said nought about Ecu and must be a big factor OXY Luzz us we tie into their baby. There are multi deals here as Amer m ove from the National league of sub $10m deals to sub £100m M & A - OXY want us to front up in Ecuador, second pipeline IMO they might still have an interest in the OCP pipeline I don't know - so CPO5 is the start of an exciting production and value added pipeline. As JW says 3 drills are self funding, that's what I was banging on about - we have 14 identified leads, excluding the South East +5 watch out next week with news from Dehli FFS End 1 Rig won't move the SP but +12self funding drills they can't hold the cash flow back. Last post, I'm glad JW confronted the point I was making. This is better than I hoped. JW India FFS does it get better.

Well played, get your drift get it Quote - I don't know About Tomorrow Song lyrics apt
I don't know about tomorrow
I just live for day to day
I don't borrow from the sunshine
For it's skies may turn to gray
I don't worry o'er the future
For I know what Jesus said
And today I'll walk beside Him
For He knows what lies ahead
Many things about tomorrow
I don't seem to understand
But I know who holds tomorrow
And I know who holds my hand
Ev'ry step is getting brighter
As the golden stairs I climb
Ev'ry burden's getting lighter
Ev'ry cloud is silver lined

I'll send that insult to where it should get to LSE Complaints . Be careful my man, Long armS have long reaches - Kapeach , I've got my result, you have publicly announced what you are!! Well Played. What a waste of calcium. I'll keep an eye out for you.

Thx - First opinion in Drill Numbers - I'll feck off when its safe Ferms.

An innocent remark, to my friend ends with that. Don't like it - this BB is a massive credit to PI's interested in their investment until a Cent comes in clueless trying to make a fecking biuck on my back- FFS Pxss off. Ferms year sof playing rugby sorry and with Wales v England Tough Call England were bril no doubt, tickets for the game you can't buy even if Amer went to 21p. Your my god BB friend End .

Look Son , get a bit of history here and manners, this is a private joke FECK ALL to do with Amer SP - its banter and may I say Who are you? Don't get the -ves whatsoever - are you shorting Amer or what? My reply is to Ferms where we have had years of contact on this BB . So I'm being nice FECK Off Who or What the Feck are you?

Where the Feck have you been? my investments have been constipated - due to lack of heavy Venez crude juice. I did ask, but obv you were completing your Self Assessment tax return Twxxxt. Well I'm hanging in there like a couple of Tory Remainers really - but I can't find that back stop and hard border anymore. Must be the heavy crude. Anyway, I always enjoy your posts, they are uplifting, never day trippingly flavoured with Bollxxxks . Always Appreciate your time. Am mega happy to hear from you. GL. Baz - Keep on the BB. I will now wait for the 1 rig CPO 5 review. GLA I have not looked at your link - I need time first ---- I'm not IT FFS . Ta

Last post - so Dea or any BIG Player could potentially Absorb our debt and reduce the coupon rate on $1.5bn by 2% easily saving $30m to start. PMO is in a good place, don't fall for the Oil Sector Blues - its frustrating but our 2018 Stat Accounts will be brilliant Including EBITDA and debt down below target and reducing our FCFG is great GN

H47, thank you, that's the Beauty parade secret, THEY get the Frontier Mexico Exp asset - derisked with the long dated Producing N Sea asset discounted with tax credits - which are the rear end UK Ring fenced tax credits $4bn - HNY and in China. Makes us mega value - with debt down say $500m to $1.6gb , the DEA Wintershall IPO say late 2020 - they can issue paper for our producing assets - Game Set Match - exit price , by then TD & Roy are honourable men, should see us on a combined multiple and EV after reduced debt. My pants are itching to a long stop date that takes away the pain. Say £2. GLA

Hi Guys, me banging away, whats your views on the CPO 5 rig count. I promise I won't post for 7 days. You say it- as you see it and whatever new info understanding ( No daily trading Shite) on the next 2-3 months operational news. GLA I'll sign off now till next week. I'll read the good stuff. GN

BS - Keep Up.!

I know we are undertaking investment - in civils, seismic and CPO 5 Why with +1m hectacres we only have One drilling rig, IMP DYOR, unless we have committed $X cash to CPO 5 multi rig drill prog within next 6 months, and or some news in long forgotten Ecuador, as JW explains, it is all about low cost Oil evacuation from Col to ECU, where we have invested big time, OXY need us to have a large ECU Oil evacuation footprint in whatever guise. IO I believe we have further great info to come out soon. GLA HNY Yes China. Look guys rethink your short positions, POO has one route after massive KSA cuts and falling US Shale - KA BANG baby. GLA next 3 weeks - load up, last chance- or you will die from the 3 Rig drilling massacre.

Last point, Dragons den Stuff, if you have worked hard for years, closed difficult deals , got to the edge of stellar gains' after digging out an exceptional opportunity - such as CPO 5 - to meet that with half hearted commitment - 1 Rig defeats the entire corporate value enhancing objective. IMO DYOR research. All businesses face competition, uncertainty, with challenging global economic head & tail winds. More rigs are needed, I think - IMO as the market has not grasped CPO 5 dynamics, hold back optimal drilling options until the market has been properly informed - eye ball to eye ball presentations of the upside . If ONGC threw 3 rigs at this for 9 months - Bang a huge discovery and massive increase in all corporate values. GLA HNY

We have prime access to blocks, 2,7 .30 11, 13. This is frontier E & P and superb counter- cyclical jnvestment by the BOD. I think this Mexico Compunded block will take our debt out in the next 12-15 months Why? I hear the screaming crowd. 1. Ex-BP boss Lord Browne and Russian billionaire Friedman plot £23bn oil floatFormer BP boss Lord John Browne and Russian billionaire Mikhail Fridman are poised to kick-start a £23bn float of a new energy giant that will go toe-to-toe with some of the world’s top oil explorers.
A merger of the oil and gas business of their holding company LetterOne with that of German industrial powerhouse BASF is in the final stages, paving the way for the enlarged operation to immediately begin preparations for a blockbuster stock market listing. Analysts say it could fetch a valuation of as much as $30bn (£23bn), making it one of the biggest floats Europe has seen in years. 2 DISPARITY IN SIZE !! DEA & WINTERSHALL, DEA NEED FRONTIER GAINS OF RESERVES. Quote Wintershall-DEA: The anatomy of a merger
The Wintershall-DEA deal brings together businesses that in 2017 had combined sales of €4.7bn
At the end of September, almost a year on from the announcement that Wintershall and DEA had agreed in principle to merge, their respective owners—Germany chemicals company BASF and LetterOne, the Luxembourg-based investment fund co-founded by the Russian oligarch Mikhail Fridman in 2013—signed a "definitive transaction agreement". Assuming the merger is approved by the relevant authorities, the transaction is expected to close in the first half of 2019. It will bring together businesses that in 2017 had combined sales of €4.7bn, and oil and gas production of 575,000 boe/d."Wintershall DEA is the largest E&P merger in Europe for over a decade, and will have a diverse portfolio of outstanding growth prospects, with the scale needed to access important new opportunities," says former BP chief executive John Browne, who now heads LetterOne's energy investment arm, L1 Energy.
Browne believes that the merged entity will be capable of playing alongside Shell, Total and his former company, BP. "We expect the company to evolve rapidly into a world-class and globally competitive organisation with an international portfolio."
The disparity in the size of the two companies is reflected in the merger agreement. Initially LetterOne will own a third of the combined company, while BASF will own the remaining two-thirds, "reflecting the value of the respective exploration and production businesses". Lord Browne & Ray F are true deal makers and the largest IPO in Euro zone in a decade needs a deal M & A pathway. Zama is just the tip, I mean a big tip of PMO 's exposure to Mexico - Prime for a buy out. PMO in 12 months could just sell Mexico interests for +$600m allowing for tax easy. HNY

Huge Value JW selling his prize discovery - it is really CAKE AND EAT IT - RIGHT TIME AND PLACE give II's a belly full and LTh'ers retain control over the main core OXY MAIN business with hand over production output planning and major share BUY Back and Divi out of CPO 5 sale proceeds - there are only two business plan objectives not met, PUT 8 and the N sand anomaly - HNY GL, if we get 3 drilling rigs and we'll be on the coca plant herbal remedy and green pee. We've all been in at the wrong time, wrong job, wrong relationship - inappropriate time. When the GODS align - only a fool takes no heed, or the light brigade or Tessa May . GLA

Looking at GTE and others, they have hjigh water handling costs, High depletion rate sand new drilling requirements, recycling fluids environmental distribution costs , resources availability multi location, lifting costs, transportation issues that reduce margin. GTE has become a behemoth that produces 40kboped - Think about it - CPO 5 is a one off, Amer need to use this asset - JWlide #RIGHT TIME - RIGHT PLACE - to MAx effect and get to $1bn Mkt Cap. GTE & geopark, can't really readily dispose of such an asset without major dysfunctional throwbacks on their core businesses. We can, we have 15=18 months to rebuild our NON CPO5 output comfortably and swallow a huge profitable gain. Our historical lack of urgency on output is now paying dividends, but FFS One Rig - we can't go to the moon on one engine. Shake a leg and recruit resources FFS. Our costs are minimal, no lifting, no water handling, high API, why HAVE ONE FECKING RIG - CRAZY.GN

Hi Ammu, I did send a lengthy reply which failed Happy very happy with Enq TU - will post detail tmz Apologies, I lost 20 minutes so test this reply - GL Thx

Quote from their TU Dec 18- look how aggressive they are and compare that to us, ignoring OXY deal, only talking about Drill & Civils, Quote GTE - • Acordionero (MMV):
o Drill 14 wells: 9 producers and 5 water injectors
o Ongoing central processing facility expansion to increase: truck loading capacity up to 30,000 bopd; water injection capacity up to 40,000 bbl of water per day; and fluid handling capacity up to 45,000 bbl of fluid per day ("bfpd")
o Plan to expand natural gas to power project to a capacity of 20 megawatts ("MW")
o Plan to install facilities to allow injection of excess natural gas back into the production zones
o In 2019, the field is expected to continue generating free cash flow3, which it has since Gran Tierra acquired the field in August 2016
• Putumayo Basin and Minor Fields:
o Costayaco: drill 2 producers and 2 injectors; plan is to increase gas to power project capacity to 20 MW; and to increase fluid handling capacity to 100,000 bfpd to further optimize the waterflood
o Moqueta: drill 1 producer and 1 injector; increase fluid handling capacity to 15,000 bfpd to further optimize the waterflood
o Cumplidor: drill 1 producer and 1 water source well; commence waterflood
o Other: drill 9-10 gross development wells
o 7-8 capital workovers/conversions/stimulations
2019 Exploration Capital Budget ($115 - $125 Million)
Gran Tierra's 2019 exploration program is focused on drilling in proven basins with known oil accumulations and stacked pay. The Company believes that this approach increases chances of success by lowering the risk of drilling dry holes.
• Putumayo Basin:
o Drill 4-5 exploration wells targeting prospects with multi-zone potential, including carbonates (A, B and M2 Limestones) and N Sands
o Conduct 3D seismic surveys covering a total of 341 square kilometers across the Alea 1848A, PUT-4, PUT-25 and Nancy-Burdine-Maxine Blocks
• MMV:
o Drill 2 exploration wells
• Llanos Basin:
o Drill 1 exploration well
1Average 2018 production through September 30, 2018 was 35,683 boepd; 2017 production was Colombia only, adjusted for sale of Brazil assets effective June 30, 2017.
Sorry leas Don't think so, we need muscle in on this activity FFS Passive doesn't win the day.
GLA I won't post Geopark's drilling prog. Howeewvr we have the potentially greatest recent find last few years. BUt still we are sluggish, hence Market apathy. IMO DYOR

Then we get a couple of F'ing rednecks juiced up on Venz heavy crude talking of a build. Bob says, the Oil Market is tight after a huge bril TU Q4 results , we have just had 1 month of OPEC cuts add the Big V problem which is terrible suffering and within 2 months they be refining Urine!! FFS Heavy and all. HNY What a sack of Shite, see EIA on US Shale. News of refinancing, Outer limits stuff, Block 7,2 & 30 are humung and with Free cash flow galloping ahead, like Malcy at a buffett, with +90kboepd the truth will out, if its allowed to. Co-ersive Control, it's against the law!!

The CPO 5 beauty parade IMO could be a short term WOW catalyst to get the II's on side, after a 50m exit sales drubbing Q 4 . A strong chance of a $500m exit from the Northern asset could grant a share buy back option and sustainable divi, Amer would bring on PUT 9+12 before any sale and probably good trading volume of 3rd party crude to maintain core earnings post disposal. Presented correctly, with NO RH deceptacon, this is an easy sell for JW and a low risk win win for the likes of Black Rock IMO. Last post GN. GLA Once these guys buy in, a 2nd rig would guarantee a shorter time frame for game exit, we will start moving up. The core Amer post disposal business plan has a 2-3 time scale with OXY roll out and Ecuador acquisitions. A lot has changed in a year when GC's interview talked about analysts valuations, they have improved no end.