Member Info for bynari

88 Energy issued RNS on ASX link:
https://tinyurl.com/tubh7ez

Friday 13 March, 2020
Financial Conduct
Temporary Prohibition of Short Selling
RNS Number : 0227G
Financial Conduct Authority
13 March 2020

NOTICE OF TEMPORARY PROHIBITION OF SHORT SELLING

13 March 2020

The Financial Conduct Authority ("FCA") notifies that it temporarily prohibits short selling in the following instruments and transactions under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012.

Nature of measure:

a) short sale prohibition for shares

Scope:

a) Please see Annex 1 below for the instruments concerned

b) all UK trading venues on which the instruments are traded

c) any person irrespective of their country of residence (subject to the exemption below)

Entry into force of the measure and duration:

a) Date: 13 March 2020

b) Time: immediately

c) Duration: Until the end of the trading day on 13 March 2020

Reasons for imposing measure and evidence:

Following the action taken by CONSOB in the instruments below, the FCA is satisfied that it is necessary to take the action set out in this notice to assist CONSOB, taking into account:

a) a similar price fall in the instruments on UK trading venues

b) the volume of trading in the UK

re - Expectations Postponement - only one answer to you - you're talking absolute brown stuff

been a long day...
Simon Potter interview below was on the 27th Feb the date on the post below is wrong that was the date I first posted the interview

Simon Potter CEO interview10 Mar 2020 11:27

only 14 days ago...
Simon Potter CEO interview quotes on 27th Feb 2020 " We have managed to put together a plan we have managed source a duel derrick drillship built-in 2014 with a managed pressure drilling system which makes it one of the most technically capable drilling ships in the world, so we have our rig We looked to contract services so we brought on board Haliburton and Baker Hughes and a subsequently we have completed our logistics contracting with boats and helicopters
We put the team together to design the well and bring it to fruition and our insurance auditors have described this illustrious group an experienced team with global operator pedigree. So as I say we have designed the well we have called it Perseverance 1 located on the northern side of the B structure looking to target close to a billion barrels. In the event of success will de-risk the whole structure that is the B structure which will access over 2 billion barrels which we are drilling at 100% equity"

"Highlighting now we are saying what we are going to do and then actually go and do it certainly we are all about delivering the project"

"Final thing would be timing this is not next year or the year after spud in a months time results 60 days 90 days thereafter"
source; https://tinyurl.com/umopnvj

Only 20 days ago...
Eytan Uliel Bahamas Petroleum Commercial Director explains the imminent drill mobilisation ahead & his quote of mid-late March...
source : https://tinyurl.com/tyvrb7k

18 days ago
Bahamas Petroleum commercial director Eytan Uliel quote " mobilisation mid to late March "
https://tinyurl.com/svcstjb

12 days ago
Simon Potter CEO interview quotes on 27th Feb 2020 " We have managed to put together a plan we have managed source a duel derrick drillship built-in 2014 with a managed pressure drilling system which makes it one of the most technically capable drilling ships in the world, so we have our rig
We looked to contract services so we brought on board Haliburton and Baker Hughes and a subsequently we have completed our logistics contracting with boats and helicopters
We put the team together to design the well and bring it to fruition and our insurance auditors have described this illustrious group an experienced team with global operator pedigree.
So as I say we have designed the well we have called it Perseverance 1 located on the northern side of the B structure looking to target close to a billion barrels. In the event of success will de-risk the whole structure that is the B structure which will access over 2 billion barrels which we are drilling at 100% equity"

"Highlighting now we are saying what we are going to do and then actually go and do it certainly we are all about delivering the project"

"Final thing would be timing this is not next year or the year after spud in a months time results 60 days 90 days thereafter"

source; https://tinyurl.com/umopnvj

Upstream article on contract to charter drillship West Saturn headed...' Bahamas Petroleum nears charter for Seadrill rig '
https://tinyurl.com/s7rbepe

Well, BOD farm-in on the cards then at punitive rates...I say go it alone...at least make a decision one way or other.

liampatto - I noticed you registered with LSE 5 years ago why have you taken so long to post till now, genuinely just interested.

What a day to be a market maker watching the spread moving around... I'm buying more myself...

Jim, of course, you are absolutely correct there, having only arrived here recently I did notice that this board is a pretty good one which judging by others around, unfortunately, is fast becoming a rarity nowadays. Good luck to everyone here I do hope Perseverance 1 is bigger than we think...who knows & why it exciting for everyone involved

In the press last week China has been taking advantage and stockpiling oil?.....don't know how true...

SP Irrelevant when we are possibly sitting a multi-billion barrel well... (sure we all feel same)

No, I enjoy listening to this one
Bahamas Petroleum management reaction to daily movements in the share price 
 https://youtu.be/3aTn45NXIGQ?t=75

Jim, we maybe disagree about drillship however I do respect your view my friend...even though the balance of probability
most likely WS haha...B

Correct still not confirmed by RNS, it's ok it soon will be. However, the drillship is as you described brynon and the only one available is the W. Saturn. Nearly forgot there is one other way too far away over in Tenerife.
https://tinyurl.com/vvjlmoa

Yeah ok, the company put a picture up of the wrong drillship sure they do? just a coincidence?

Seadrill West Saturn a world-class drillship for a world-class well. Few facts about our drillship capabilities by oil & gas professionals - West Saturn being one of 4 at a naming ceremony
https://youtu.be/K6J6hn0EWs4?t=1

Drillship West Saturn pictured on the Bahamas Petroleum latest 20th Feb presentation headed "Roadmap To Drilling" https://tinyurl.com/sqrng9t  
West Saturn anchored presently off Trinidad waiting for ships orders to up anchor & proceed 4 - 5 days sail to the Bahamas Petroleum drill site of Perseverance-1  

Of course, not all Charlie's targets will deliver but Turuk if it flows as we think it does totally different story

Just to recap for you & thanks to poster proselenes for his updated estimates posted on this board at 2.18am today
should any of the target levels deliver some interesting figures to look over...GL

See pic in the link below:
https://i.ibb.co/jTx8n7T/88-E.png