Member Info for davwal

Very annoying the very expensive Upstream is the publication that gets the hot griff. Three appraisal wells sounds great - as does the hard-nosed oil man’s description of Venus.

Two trades at c38.4p. Que?

Weird, but I added a few more on the LSE pull back. (Note to self - stop doing that.!) Took some EME earlier for the immediate interest factor.

No bumper rise here,then. Quite a gap opening between enthusiasm levels the two markets for now.

Seems an odd jump straight back from the holiday. Must be the chocolate rush.

Someone is and has been buying big while trying not to set the thing alight. Good to see sizeable stake building.

You can hear it again, then. I 10-bagged with my first few tranches on the big Orinduik rise. Seems a long time ago now. Obviously ECO has a lot more opportunities now.

Canadian IIs are locked in for four months, so one way and another there shouldnt be too many unwanted hitting the market.

Sycamore have confirmed their place in the formal sales process. If there's a formal sales process it's highly likely other interested parties are involved.

Certainly some big blocks of shares bought today. An encouraging sign.

The best estimate for 2B is 73 bcf, whereas the Inhubesi field close by is reckoned to have over 500 bcf. The projected costs of extracting from Inhubesi is c1.5 billion, so 2B gas possibly won’t be commercial, albeit its closer to the land. Basically, I wouldn’t have a clue of the sp.

Well I’ve helped a bit this pm.

So G-2 is done and the drill ship is heading to Walvis Bay. Just need the ‘breaking news’ from Upstream now, or maybe Namcor.

The latest CPR gives 73 BCF best estimate for gas present at 2B, so shouldn’t be a huge surprise if there’s a good amount discovered.

From the confirmation email regarding today:

You should expect to receive these shares in your share account after this date. The time it takes to transfer shares into your broker account may vary depending on the settlement procedures of your broker. Some brokers may require you to complete a Consent Form before PrimaryBid is able to transfer your shares. The Company may be required, inter alia, to pass resolutions at a General Meeting in order to affect the issuance of your allocated shares.

And I used to sail my own yacht - reasonably proficiently..!

All M Voyager did was drop anchor about 15 mile offshore.

If some - well one anyway - are to be believed we’ll be able to pick up shares for 25p tomorrow when the hordes of skimmers rush to offload their offer ‘gains’. I’ll be waiting with me finger on the button but won’t hold my breath given the relatively low number bought by PIs, most of whom probably being genuine holders.

Ha, I mean due west! She’d be on the beach otherwise…

Maersk Voyager is on the move, currently heading due east from the Walvis Bay anchorage. Destination stated as Walvis Bay on Marine Tracker, but it’ll be interesting to see where she goes.

Good news about Canje. I wonder when ECO will update the market.

ECO must drill asap to comply with the licence terms before the term expires. No way would they have signed an if/but/maybe contract.