Member Info for CrudeTrader

Their indirect interest in the current well is 1.3% on a 256mbbbl prospect. So it pretty tiny for them.

NAV premium looks high. https://twitter.com/OilGasTracker/status/1293154923845160961

Very true same market cap RBD and UJO, but 3.36x as much exposure to West Newton

https://twitter.com/OilGasTracker/status/1290238704645074944

Yeah but if you want Wressle and Biscathope exposure its better to buy Egdon, similare exposure but only £6.4m mcap compared to ujo £44m market cap

Why are people buying Union Jack for West Newton when Reabold has 3.3x as much exposure to WN with basically the same market cap?

https://twitter.com/OilGasTracker/status/1289153531786616832

I find it very unlikely that WEN would merge with AEX. I think WEN only would buy part of Rovuma at distressed valuation. AEX stock isnt exactly distressed valued.

Sounds very much like they will acquire something in Tanzania. Strong cash balance and no debt creates decent position to grow with little risk. I guess its fairly likely that they could buyout one of the partners in Rovuma (Aminex, Solo or ARA). Tanzania looks less key to Solo lately with the focus on European gas so they might be a seller.

I was pretty convinced it was Monday today. But I got your attention :-)

Can you afford not to own this stock before Tuesday open?

What is the domestic gas price TXP is expected to get?

What level of resources do ppl expect from the Cascadura discovery? Sound like there will be some sort of update in early July.

Egypt oil producers https://twitter.com/OilGasTracker/status/1270720861192851456

Smart way for BPC CEO to save his job if the Bahamas well fails, to add another exploration block for more jam tomorrow.

https://www.retailgazette.co.uk/blog/2020/06/jobs-at-risk-as-intu-prepares-for-administration/

The convertible bondholder converting CB to stock at 1.27p today, the stock closed at 2.9p on Friday. 120.8m new shares hitting the market.

The convertible bond holder can now convert CB to stock at around 1.42p and sell in the market at 2.5p. Clearly a trade they will do. Around 108m new share should come to the market. The CB holder will make an easy £1m converting and dumping the stock now.

Where can I download the Zeus report on AVCT?

Which companies have or are developing similar test to ours (AVCT)?

Why is the stock selling off?