Member Info for cperkin

Frank, there is talk of a panning extension on the UKOG BB and the last RNS now says early Q2 for flow testing as I pointed out on this BB earlier. So it looks like you might have been right on BB impacting HH. We should have a better idea next week which way it will go. Have a good weekend.

2 CP's here Frank and the title has my name on, do you mean me or Crusty? My opinion on the assets (especially Ruvuma) has not changed by the way, just the timescales on seeing them delivered and now the additional costs thanks to this last purchase. Oh and I can change my mind on a stock based on events anytime the situation changes Frank.. I still hold shares here by the way, just nowhere near the amount I did before.

And I still don't like the related party transaction (MY opinion) I mailed NR on Wed and had a reply from Ben @ Buchanon saying it was not....well I have my opinion on that.

Hi Willow, already reduced my risk this week. The issue now for me is NR borrowing money from shareholders to fund a gamble, if it pays off and flows well then there is potential upside in the short term, but will he then attempt to flip it to pay for the development costs that are now 9.5% of the total? I was going to post this week that NR had kept his word since the last AGM and seemed to be doing all the right things as it would have been a year this month since the Helium spend......glad I didn't!

The Company is pleased to inform shareholders that payments received during February for gas sales generated from the Mnazi Bay Concession in Tanzania were $2.5 million net to Wentworth. The Company is also pleased to report that gross production volumes during February from the Mnazi Bay gas field averaged 80 MMscf/d, the highest monthly volumes achieved from the field since production started.

It looks like an excellent deal for Prim Max, though in the short term there will now be a direct link to SOLO's share price and it will cause some pain till HH, NT-3 drill and Ruvuma are concluded

I think you mean the one person that links it all together DONALD STRANG!

The below is the target and the big prize here, make no mistake about it. "Furthermore, via this new shareholding we gain exposure to Solo's exploration and production Tanzanian gas assets" The value of this asset In- risked is $ Billions and fully risked post 25 year development licence $100's of Millions. Games are afoot.

Indeed Lokash, a dump just before extended flow testing @ HH.....cautious?

Same here alph, based on the increased coverage from Malcy. I will wait for the June update where I feel WRL have a fair chance of coming of any sub's bench?

Looks like WRL need to wait for the June review, could be on the Sub's bench? www.malcysblog.com/2018/02/delayed-bucket-list-2018-six-new-stocks-now-review-planned-june/

# with strong in country contacts.

This share was dropped as if the RFP had been awarded to another company and certainly does not have the recent reserves built into the share price. TLOU now go into the new RFP process in a much stronger position than the previous one and therefore with an increased chance of success. In the meantime the BOD are also exploring other monetisation options regardless of any RFP result. Seems like a strong position to me from a BOD with previous monetisation experiance of CBM projects and in strong in country contacts. Good luck.

Well you see problems and I see opportunities gents, the SP will speak for itself over the next few months I am sure. All of these points have of course been covered in the devlopment plan and 25 year development licence application (if only we had a copy ;)) and I am sure the Zubair corp will have some influence in delivery. Have a lovely weekend.........

My expectation is certainly different mick. I expect AEX with the upcoming NT-3 drill and of course the execution of the development plan as delivered by GE & the 25 year development licence to do very well. I also expect that WRL may well also do very well this year, pending the relocation and more importantly developments @ Mozambique. Good luck to both, but then I would say that.

As always, an excellent post HY and could not agree more.

Generally the # of Troll posts is directly proportional to the upside on a share....nice correlation.

You won't find one tidd, since everyone knows that it would shut down all international investment in the country and that is not what the Gov want.

17p down to 9.25p despite a massive reserves upgrade, clearly the potential upside on the RFP submission and the possible award is significant. Good luck

Half a TCF 3P - getting into the big boys numbers now - 0.5 TRILLION feet of gas.