Member Info for Cebo456

Schroders crossed the threshold on Tuesday, so yes they could have still be accumulating. - Dick is correct about there being very little available shares which will make this nearly impossible to get I neatly on good news - I suspect that between the II's and Jogs directors and management up to about 80% are tied up, which will only rise on tree shakes and leaks prior to any news. - So anyone hoping to substantially buy early on a good RNS may well be disappointed.

Hi Mesquida, just got home and had a quick look but no link yet, see belows link for details of who was speaking, I will do a bit of digging later. - Also keep an eye on TOs Quarterly Fleet report which is due out any day now - this should tell us which rig is going to be used, a start date for the Rig Hire and possible day-rates if disclosed - if indeed they use Transocean. http://oilandgasuk.co.uk/wp-content/uploads/2018/01/Agenda-Exploration-Conference-2018-2.pdf

MessquidaI haven't persisted in anything, but I am keeping an eye on both conferences today, and Statoil (J R-M) are presenting at the Oil and Gas Exploration Conference (also being held today) - mainly covering the Jack Scott Well that was drilled by the Spitzbergen as part of the 3 Well project that Stat undertook last year, which incidentally included Verbiers first well.

You stick to Dora the Explorer, I think you will make more sense and not look as stupid. Ps have they presented or still to come, of course you do not know do you.

Fair dealer, Fully aware of that, and yes I have been to a fair few of those events. Ta

Anyway, it is very unlikely that either Jog or Statoil will be able to add much this afternoon that is not already out there.

Can't wait for the Conference video to be put on line later, (I will scan the audience for the fat bloke, dribbling over the carer.) - Grey, why don't you ask the nice man in the suit at the front a question (try one on oil, if none come to mind revert to Dora the Explorer).

GB, I think that your strategy of Buying high, Selling low isn't the best, even with your imaginary shares but hey, each to their own. P.S - you can stop worrying and getting yourself in a sweat, because the oil that your Chips and Kebabs are cooked in doesn't come from the North Sea, so nothing all all to worry about after all.

Any assert buyout or TO is a bit premature IMO, but if/when that was on the cards then the Majors tend to pay a fair market price, The licence needs more appraisal before anyone can really guess what it is worth, but if good then anything from $5 per barrel for Verbier and a couple of dollars per barrel for Contingency resources on Cortina. IMO

MC, that would explain a lot. I suspect that is still the norm in Jersey. Haha

Ps. Greybird please feel free to post on here in your mother tongue, as I can promise you that it will not detract or lower our level of understanding relative to your previous contributions.

Joey, away and chase your baseball. Anyway, back to Jog. This share is one where PIs can beat the big boys, provided we have a bit of patience. Most Fund Mangers or Oil Investment Companies cannot buy shares in Jog at the moment, some bacause it is AIM, but most because they are answerable and trapped into a three monthly cycle of trustee/shareholder or actuary meetings which encourage the shadowing or benchmarking. Pis do not have thos constraints, they can afford to take a longer term view and take advantage of Shares that are possibly under priced and capatalise from them. The old adage that Time in the Market is better than Market Timming is very apt here. Trying to second guess daily or weekly buy or sell points is near impossible with this type of share, and even if you get lucky, due to the small % of free shares it will be near impossible to get a trade away.(even with a DMA facilty). Again this is just my opinion, not advice and each to their own - but I will look at buying a few more when it is quiet and the market lets me buy and hold them for the medium term when I fully expect the price to be substantially higher.

Haha. Now now greybird, i think your are using some poetic licence here again my friend - gym, steamroom, thai massage ect. - I suspect that you mean Job centre, Chip shop, knocking shop and then back to the chippie. Anyway, glad you do not need to work my friend, although I suspect that the Uni found it hard to find another English Launguage Lecturer to replace you when you left. Good luck with your JOG shared and hopefully they both double in value soon.

Ajax 500k would pay for a drilling Rig for 3 days. But you are correct, this RNS is as good as what I was hoping for in relation to Verbier, what it says IMO, is Statoil are confident enough to spend another �50million plus on an appraisal well and side-track. The people on here calling for numbers will have to wait for the appraisal well to get confirmation on OIP, remember this is an Appraisal, not some sort of wildcat well. Also noted others on here asking for flow rates etc - unless I am mistaken, no DST/EWT was done so unlikely they will give out any sort of flow rates. A little bit of patience here and a little bit of luck and this could be a very good and profitable share based on Verbier and the rest of the P.2107 licence. Further site survey suggests that Cortina will also be drilled once a well location is confirmed and permits agreed. - I suspect the Rig contract will have those options when announced (keep an eye out for a Transocean (update). Capex projection lower than I expected, more than enough in the pot for acquisitions and other appraisal drills on Cortina if required. If is good enough for Statoils money then it's good enough for mine. Ps - Greybird, do not sell any of you �10k worth of imaginary shares, in 6 months those imaginary shares could be worth a nice imaginary �50k - a nice imaginary profit for 6-8 months wait. Maybe more depending on the details of the acquisition/s in the pipeline.

MEM, Fundamental and News will trump Technicals here every time. �8 is a bit of a ramp too far just yet - for that I think that Stat would need to say that there was over 150mmbd recoverable in Verbier (18% -JOGs) and news on at least one producing aquisition. - a big big ask IMO although not impossible. Hoping for news soon, (hopefully Q12018).

Decent post Dick, let's hope so. .

Dick, I doubt that you are hurt, but if so the post was not meant in the way you possibly read it. What I meant to say, or should have said is that I really have no interest in how others on here trade as it does not effect how I will trade this share in the future. I like most, have done a fair bit of research on Jog and only use those Boards to catch up, a bit of light relief and the occasional snippet of information that I may want to follow up and research. I also notice that you mention Charting - I cannot see any use in charts when trading O&G AIM shares like JOG and Hurricane which are both very much news driven at the minute - and even on the Main Markets it is getting harder and harder to spot over bought or sold Shares shares using the charts in order to judge good entry and exit point. IMO.

* I intend to start selling when the SP hit �4

Dick, I have no idea how you or anyone else on here trades, or what you or others hold or held, so no I wasn't talking about you or anyone else in particular. I have not been invested in JOG very long, I have less than 10% of my PF in here and only recently back in profit, so I have not read back on your or others posts as I doubt they will be hugely helpful in my investment. I do think that JOG is undervalued with potentially a huge upside in 2018, either way I intend to start if and when the SP hits �4, or Mid April, whichever comes first. Good luck anyway.

My take on this, - constantly complaining about the MMs SP or system will make no difference, if you want to make money then sometimes you have to find ways round this - if you do a lot of day trading then consider going with a broker that gives you DMA, it may help - I do neither. I do agee however that all types of traders make the market, and find it strange when some "LTHs" berate short term traders for trading, taking profits and working percentages. - If I had held those shares since trap oil days then not only would not only be reviewing my strategy and model, I would also be keeping quiet about it. Anyway, happy Sunday, hopefully we should see an OIP undate or acquisition update in the next few weeks.