Member Info for comeonvog

We have already started to sell oil produced from Deep Well A5 at domestic prices, as allowed under the terms of the BNG licence.

Hawkey47 That is my point though , why so long to increase production by a meaningful amount.

Hawkey47 do they not come under Iraq's quota's then.

why even think about drills or production increases if they wont pay. I have always wondered with all the OPEC production quotas , is that the reason both us and GKP are so slow to up production. Maybe they are restricted on output.

Are you doing besides spending our money ,you waste offfffffffffffffffff space .

Hawkey47 Only thing that will put a smile on my face is resumption of payments.How unlucky has GENL been to miss out on this spike in price of poo .

I'm riding the wave , if they have finally cracked the deeps why sell.

Even if we get good flow rates. ???

Not if they don't get paid. We are at this price for a reason.

Some strange trading today around the 10p mark but looks like we have blue sky . well done those invested.

Jacksdad and this could be a long run north, further RNS's inbound.

Just grabbed another couple off grands worth. This could now build for the next few weeks into double figures for good.

Beynon well ye.......we have had two spikes in the last 4 months 8p-10p . But like i said going long this year.
" We are delighted to report the well has flowed without artificial stimulation for 4 days, without interruption and with increasing quantities of oil being produced."

Well i have to admit to trading/selling on every good news RNS as the inevitable retrace has always taken place. But this time i am holding as 1p at this stage is not worth the gamble IMO with the amount of wells we are drilling/work overs 2020 the year for CASP.

HNY JL79.

Hawkey47 thks, so this is a mere blip compared to last time.

Boyobach thks . So its 2 months after invoicing they normally get paid. Do you know what was the longest they withheld payments last time.

So have GENL not been paid since August.

Hi folks , hope everybody had some good festivities. yep for me the payment issue is the problem and i will not buy more stock until conformation it's sorted. Unbelievable that they do this when the poo price has been showing real strength.

But who is to blame ,MW for the seeing the opportunity or the stock market giving company's like this to high a SP.