Member Info for Deeko19

Another 15 million barrel drawdown of the US oil inventories over the last 7 days…

Always good to get rid of the dead weight. Looks like I may get my top up price

This will start ripping up in chunks the closer we get to FID’s and drilling. Should be a white knuckle ride over the next 52 weeks

Sorry meant to say 15-20 million barrels weekly. Not in aggregate

Charlie, nobody can predict what Brent will be this week, this month or this year but…

If you look at the US oil inventory’s, they are falling off a cliff. Over the last 8 weeks the drawdown has been between 15 and 20 million barrels.

Bodes well for $100

‘net mean Prospective Resources of 324 mmboe’ - crazy what these guys have achieved in such a short time.

$4 per boe :)

Feels like the award has been made and the signing ceremony is a day or two before the investor meet.

Feels like the farm out is in the bag too.

Interesting month ahead

I was alluding to Tyrus being the takeover instigator.

Wait it out for growth that the market may or may not realise or just buy the place and take all the cash

FCF guidance to 2027 at current oil price… $700 million

Management sign bonds whereby no distribution to shareholders. Struggling to see what’s in it for us outside of so growth which is a trickle at the moment.

Can guarantee Adele will sign himself a huge novelty Lottery style cheque though

Completely disagree Hedgeman.

1TCF net success is 170 ish MMboe. Even at $1 per boe which is exceptionally low this puts us at nearly £2.5.

Considering this would likely sell at $4 per boe I do think £5-£15 is doable if every milestone comes in as we hope.

This excludes the fact that the other multi TCF Kertang look alike structures are then derisked.

Last time they drilled Pen Mal, the incremental rate was somewhere around 7,000 boe.

That would be amazing right now. It would pay back in weeks :)

More to the point, does this pull Kertang forward?

The oil industry is notoriously knee jerk

The oil futures markets are going to trundle along for the next year, never really accepting the scenario we are actually in. Feels like the best course of action is to not hedge at this point and just sell at market rate

Very disappointing discount.

Ha Iran say they haven’t spoken to Trump and there are no discussion. Can’t make this up

Something I actually agree with Charlie on.

These guys are Lucky to even have jobs never mind share awards.

Seriously…. This Adel guy man, zero value add

*debottle necking

We’ve also got debbottle negligence at Akantara and expansion which presumably not part of the existing agreement and sold at spot?

Darton whom bragged about selling his entire holding of a worthless penny oil company (JSE) at 27p for PCN…which is now down 23% since alerting the board to his sale/purchase.

Let’s also remember alphacat - ‘Well done Darton, I see JSE has already dropped and is likely to continue doing so as the oil price settles down.’

Let’s also spare a thought for Charlie, whom only appears when it suits his agenda.