Member Info for blanklook

Go on then. Put me down for 2.15p ;-)

Personally, I think it will be a new director on the board. Dave Whitby says during the interview that one of the guys he used to work with was an absolute genius in the field, and made him look like a Gorilla learning sign language. To me, that's a signal that he's coming on board. Just an opinion.

Just caught up on the posts on here, and it it's probably the only time I've seen a share suspension as a positive. Had another listen to the podcast yesterday, and have been making my notes and doing some basic calculations and this stock looks ripe for a multi-bagger in the short and long term. There were a few things that really stood out for me while listening to that interview again from yesterday, namely: 1) The first potential asset has 80 wells, including 3 new wells @ 400bopd, in a virgin reservoir. The asset requires refining and technical expertise in pumping the well off, to maximise production (which isn't even close to being at it's full potential). 7 new drillable locations also identified on the virgin reservoir. 2) The second asset is a producing oil field, only 3 years old and run by a good operator. It also consists of 3 producing gas wells, but not tied-in. Currently no reservoir or sub-surface expertise to maximum the asset. 3) The third asset is by far the most exciting! Slamet has been working his due diligence on this field for 6 months, BEFORE he was even brought on board by DW. They're in advanced discussions with local government, and it's probably the most saught after asset in Sumatra/Indonesia today! The local governments have even sought out DW's team for their technical expertise and management, and he stated that they were purely in the right place at the right time!This would be the HOLY GRAIL of Oil & Gas in Indonesia (his words not mine) and they are already 12 weeks into their due diligence on this asset. Plenty of news to look forward to in the short and long term like I said, but so far they've completed their due diligence on 4 assets, have offers on the table for 2 of them, and expecting another next week. I've been running the numbers on oil outputs, and it all looks very exciting. We will require a placing to maximise further down the line no doubt, but are also looking at cash flow from day 1 of acquiring the first asset. Exciting times, and to quote Dave Whitby "This is serious stuff, and quite overwhelming in fact!"

Can anyone tell me the exact relation from CEB Resources to Corsair Petroleum?

Found a good article here from about 2 weeks ago, worth another read: http://www.rigzone.com/news/oil_gas/a/140938/QA_Why_CEB_Resources_is_Focusing_on_Indonesia?rss=true Anyone have any indication on news, discussions and interviews which are due to take place soon? I've listened the ADVFN ones but would be interested in any others?

Looks like this is as stable as the SP is ever going to get. Part of me is looking forward to us securing assets and enhancing them, but from that point on this share will be peaking on output and retracing. Exciting, but not half stressful watching to=hose peaks and dips! Enjoy the calm while it lasts guys ;-)

Ha ha, cheers tcan54. That's always the same with LGO, every RNS sends the SP rocketing downwards. Only production increases take our SP upwards these days ... and we are due 3 in the next 3 weeks, but don't think it will save us! I was under the impression CAZA was about 2,000 bopd - but that was some time ago since I have seen fugures. Cheers, James.

Hi Guys, I'm not invested in CAZA, but am heavily invested in LGO. I have noticed that the SP price drops are relatively similar over the same period (about 50% in recent months), and was just wondering what kind of production you guys have? I do read this board now and again, as it's nice to be in the position of a producer (rather than just a driller) and read the discussions of similar companies (CAZA is one of the few other producers). What sort of output are you boys producing? Keep yours chins up, the oil price is affecting the best producers hardest in my opinion. Cheers, James.