Member Info for Cebo456

Sipp totally agree and anyone needing step by step reassurance should invest in another sector. News that I expect to be released is as follows. RNS that the PBLJ is on location but only once all the anchors have been deployed (hopefully tomorrow morning). RNS That the piles are completed, (still ongoing by the Normad Installer as we speak). RNS regarding 2 NEDs appointed. RNS to state that the FPSO has left Dubai, and one on arrival. RNS to state that the buoy has arrived. RNS stating that PIJoe has given up waiting for his 30p entry and has bought back in at 50p and now is holding above the 3% threshold. RNS updating us on progress towards a Main Market listing. RNS on FOil I can live without knowing what the crew had for their Sunday lunch, what colour their hard hats is or one every time the JK moves a couple of miles. But this just me. Ceb

I think we will still see a small acquisition (as per the CEOs interview)with an upfront payment in the region of $5-10 million with share of cash flows to the seller and future contingent payments based on future asset performance and product price (POO). In the meantime, I hope, think that we will stay around those levels until they turn the lights on and start cranking up the West Phoenix and get her operational to move to her fist drill - then we will hopefully see some interest and volume start to creep back into this share.

Tight tow completed 0525hrs this morning, anchor deployment started 0600hrs and should take between 18-24hrs to complete. RNS tomorrow morning from Hurricane regarding update on PBLJ and Piles both now on location WOS?

Ak, update in Concorde. D

Ak, updates in Concorde D

Perhaps the snake was on the other end of the phone?

Looks promising, note the 3 extra chopper flights (Bristows) over the weekend to the SS/PBLJ - suggests all non essential personnel/Repsol rep's getting down-manned prior to the move. Happy days, things are moving along just fine IMO which I am sure will be confirmed by an Op's Update from the Company in the next week or so.

Jog and Hurricane Energy for now, Eco next month Fog next year. Simples.

Bought at 110 yesterday and sold just before the close, so happy with a quick 20+%, I hope that those left in, that bought on the drop yesterday go on and multi bag here, and others that were in before the drop get at least most of their money back as well, but for me it is time to move on. Good luck all

Running through the Streets naked making chicken noises also not advisable. Also before you land make sue that you eat your phone to destroy this message - Just saying. Cebo

John, I think that is unlikely, Murrku and the team will be investigating why The Tramakine did not perform initially as expected in the trials, so as such they will still be in a Closed Period, likewise any unreleased information on the Coming Clevegen trials, or any of the their products that are in the pipeline will prevent any of the directors buying shares for the foreseeable future. The company may however decide to buy back their own shares, provided they have a mandate to do so from the SH's.

If you think that the SP is ridiculously low, and I fully agree, then buy more where you can. I have this Share pencilled in for 2019 and see no need for any press releases as some have suggested to get the news out ATM. Once the drilling recommence (remember Origin are paying for the first 10 or 12 wells) then that is when we should see huge interest here, so unfortunately patience is required, but with huge potential upside here. There is always a fair chance that Origin or another player will come in with an offer for either the Company or the Aussie Acerage pre-drill. Anyway, I am happy with my holding here. Although unlikely, I have my fingers crossed that it will stay at this level for another 6 months or so , or until one or more of my other Oil/Gas shares (HUR, JOG, ECO) reach their potential and I can sell and move some more in here. ATB CEBO456

Rangers 1, no discussion because firstly everyone knows the Driller is "delayed slightly" as as for the comment about commissioning Nov-Dec - equipment and different systems will be getting commissioned, tested, handed over now and will continue right through until FOil, in fact even after FOil, commissioning will be ongoing IMO, so not sure what what specific commissioning he/she is on about that is planned for Nov/Dec.

Just a friendly reminder to our band of ship watchers, if the info is In the public domain or is just a guess then that's ok, if the info has been gained through your/our profession, clients etc, then I suggest that this board is not the place to divulge it. Not trying to police this by any means, but I have seen far to many caught out in the past.

WW, maybe an educated one -sssshhhhhhhh

Zebbo, I always take brokers valuations and targets with a huge pinch of salt. The market just now is not factoring in Verbier as commercial IMO. If the numbers get bigger then the chance of development and value shoots up. Personally I think the SP at this stage is immaterial, and it will be what the industry, or any potential suitor believes the value of the resources are worth, rather than any paid-for broker valuation.

And Zebo, I agree there are not a lot of free shares and it is tricky tying to buy now, it will be near impossible to buy once the news gets out or on a positive RNS, acquisition news or rumour, Rig move or news from Statoil. Remember that Jog management hold 10% of the shares, IIs about 50% (possibly a lot more that are under the 3 or 5% radar) leaving not a huge amount of free shares to trade - most of which are tucked up tight in Dickup's bottom drawer. :-))))) Ps - all imaginary shares are held by GB who trades them on his own imaginary exchange - so near impossible to get your hands on those either.

Zebbo, I wouldn't argue with your �3 pre spud, but I would be very interested in where you get your �4 for for top end results on the appraisal. Even if we are only talking about Verbier appraisal coming in at 150 million barrels recoverable then that supports an Jog SP of �6. The there may be a few more similar reservoirs. (Cortina, and other "areas of interest")'similar in size or larger than Verbier.

1000 hPa, not 100, although it matters not unless you are landing a chopper on her.

WW, Ak, correct, the Stena Spey hasn't moved for months (currently N57 17 51. E 001 22 44) vessel heading 316. The PBLJ is still 0.6 Nautical miles South West of the SS - Located N57 17 23 E 001 22 22 -vessel heading 328 degrees. - Current Wind speed is 24kts at 180o, 2.8m Sig Wave Height, QNH is 100hPa., Vis 999+. If the position or heading changes then I will inbox you. Ceb