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So what is JA waiting for?..Total's SA/Namibian wells results??
After the last 'Issue of Warrants to Directors' he now holds 591,349,950..!
I'm getting the feeling this is a 'vanity' exercise so he can boast his wealth (or not so much when the SP tanks on 'NO news') in the upcoming 'African Conference' https://www.in-vr.co/africa-online
Hope I'm wrong
ATB
Now we are a bonified 'Fossil Fuel Producer' ;) ..Could this be our next O&G acquisition?
Neptun Deep Gas Field Project, Black Sea, Romania.
https://www.offshore-technology.com/projects/neptun-deep-gas-field-project-black-sea/
ATB
The more I look into 'Sunswept'...this deal can only get better....Whoo Hoo,...Generating 'Cash-Flow'... Can't wait for the ' share-talk' interview on Monday...just hope RG is sober...lol :) ????
ATB
Good stuff.. now a bonified 'Fossil Fuel Producer' (albeit initially 'low'). :)
Rocco has obviously analysed the wells, with his background I'm sure all modern extraction technology techniques will be utilised to optimise production of current wells, also re-evaluation: 'geo-surveys' etc... of the licences in their portfolio. Up production and the 'break-even' figure reduces (providing the POO remains static).
Great deal really, looking at the other licences production potential... also we are actually generating cash... Not many other shares in my portfolio are doing that currently. ;)
ATB
Agreed :) Rolf also mentioned the 'target' is producing....?? ('generating cashflow)...so would probably exclude the ones I mentioned? All very intriguing... :$
ATB
The delay may just be due to the 'UK O&G co' finalising/ producing their Annual Reports etc..?... I'll hazard a guess we'll hear by the 14th October ;)
I too have been holding since Sept 2019...been a long wait for some actual "Cashflow Generation" lol..
My hunch is still for 'Humber Oil & Gas'...who's CEO has just retired, also they have recently been finalising settlement's regarding their existing onshore JOA's with UJO, EDR, and RBD....
However....
https://www.lse.co.uk/rns/EOG/director-retirement-and-corporate-update-xh2so5kitkt7sgg.html
ATB
Going by previous RNS 'time releases'...more likely an intraday.! ;)
ATB
Good stuff ;) reads like the 'subcontractors' are at an advanced stage (re: HSE/travel discussions)..OilLR appear to still be onboard...just need the 'drilling' schedule tweeked.. ;)
Feeling alot more relaxed now.
ATB
Folks, Reason for delayed RNS/news..?
Having looked back at previous RNS's, we are due 'interim results' for the period to 30th June 2020... Re: my post on the 21st September (i.e; the '30 day closed period' will have expired today!).
If this is the case, we could get news anytime, not necessarily a 7am RNS ;)
Just a thought??
ATB
Now why would anyone want to expose their identity regarding shares they are interested in...or even worse own! ... especially on FACEBOOK!..???
HMRC/Divorce lawyers etc.. will be all over it...!!
Daft idea IMHO..
3 trades today..! Doesn't look good..cash burn at the moment with the 'drilling tools' in country (they'll be needing serviced shortly/now)...JA needs to get some news out soon...PI's are starting to loose interest... I still think 28th Sept-ish is the date when we'll hear 'substantial news'..
Caesar.. regarding your post.. 0.9-1.2 on JV news, 1.5-2.0 on Rig Contact,...3.8+ on good results. :)
(Lol..Not a ramp Caribean :)
ATB
Greggs, yes blatant ramp, been so quiet didn't think anyone would've noticed ;)
ATB