Member Info for comeonvog

cheers Boyobach, always a pleasure to read your posts and many others on this board. We are after all looking to gain something from all this. I have been going back through the last 6 months RNS's and i believe this is now the start of a well worked out plan. Divs for the ii so they hold, buy back of stock so the players have less stock to manipulate. A concerted effort towards drilling and expatiation , tie up with Chevron. We are now a lean mean production company with no debt and plenty of "material growth potential" you sell now you might never get back in lower. Now that's a conundrum .

And a 10 million . was that the hold up.

Genel has booked an initial 10 MMbbls of net 2P reserves relating solely to this preliminary phase of the project. Unrisked gross mid case resources relating to the Mus-Adaiyah reservoir only are estimated by Genel at c.150 MMbbls, with overall unrisked gross P50 resources currently estimated by the Company at c.500 MMbbls.

I think they have plenty of time to build on the 1P and 2P reserves. Sarta to kick in next year will help IMO

And this will bag. IMHO

Well perhaps its time , this cant go on forever. Bob talked about his disappointment with the AIM market well you might have to look closer to home. This is a shambles.

That's a bit more pro active BOD , well done . Now news on the TT drill pls .

JackSalad Update on Taq Taq PSC RNS 11th April
TT-20 The well has entered production at an initial rate of 2,000 bopd with a 24/64" choke, and this figure is expected to rise. With the inclusion of this production, gross production from the Taq Taq field is currently c.15,500 bopd, with Genel's overall net production now c.39,000 bopd.

The rig has moved to drill the TT-33 well, on the southern flank of the field. The well was spudded on 25 March, and is expected to take 90 days to complete.
News is close .

As always we are left scratching our heads at the figures we are given. API,EIA numbers paaa.

jester16 Not if you believe in the Strategic review conclusions & indebtedness update today.

"The Board considers that the revised strategy outlined above, together with the related actions which are now underway, will result in a significant reduction in the Group's net debt during FY2020."

Thunder2040 I think you could be right. Funny how Pearls got two recs on his misleading post about debt, shorters at work perhaps. AD only been at the job two months , i take this as the him getting all the bad info out now.

As previously announced, I have been leading a strategic review which has resulted in the actions being announced today. These actions are focused on resetting the operational structure of Kier, simplifying the portfolio, and emphasising cash generation in order to structurally reduce debt. By making these changes, we will reinforce the foundations from which our core activities can flourish in the future, to the benefit of all of our stakeholders."
IMHO

Only if you take advantage.

Is going on here , do we have a BOD and do they give a SH@T about this company or are they just content to draw a wage .

We don't need a deal to move north we just need clarity they are on reaching some sort of compromise. That is why i am back in.

They both need to trade & the deals will be done, Its all a game . I predict blue Monday. lol

Desperation was last year , now the real talks begin .

Mrd5432 I don't think we do need a deal now , just clarity it will get sorted. That will spark markets IMO

Doubleheadedcoin As you say big show of confidence with BH buying stock , i am back in at 209 , following the news IMHO markets ready for a move north after Friday TW bumph .

Have to say the TU will be awesome IMHO, back in today on the drop 85p.

coffeecups,under 4p looks tasty . Eyes on the prize if/when we get that flow. ATB