Member Info for Desmond45

I still have a bottle of Icewine festering at the back of my fridge. Sadly the icewine acreage has turned out to be absolutely garbage.

Anyone know where I can get a bottle of Peregrine instead?

Love this company.

Nice bit of jam there;

- “Looking forward” to updating us regarding HRZ
- News from Charlie 1 next week as well, although can’t guarantee it’s all good.
- Share price has been hammered but DW thinks from a ‘technical’ perspective that it’ll bounce.

So “some” half decent news in the coming weeks.

Why is EQT valued so cheaply relative to PHE? Anyone got any ideas?

I can’t wait to see how Dave dresses up the next RNS. It’s almost comical.

The condensate and HRZ analysis might confirm that both projects are both effectively dusters and DW probably knows the bottom line already. Yukon is a small asset, nothing happening in near future. In all honesty in that scenario we wouldn’t have a pot to **** in. Perhaps this opportunistic (desperate?) takeover gives us a final roll of the dice to drill a sizeable OIP at peregrine and cream the curve/kick the can down the road.

Would like to know the results from the lab which were expected in 2-3 weeks.. over 3 weeks now. Must be crap as per usual.

I can see us making an assault at 1p prior to EWT at this rate

Strong buying this morning. Looks as if people are loading up ahead of Argentina implementing criollo barrel rules to fix the PoO at 45$

Looks like the Argies are set to effectively hedge the price of oil for PPC at ~45$ a barrel. This could seriously shift when the market reopens!

Cant believe DW is lining his own pockets with this takeover deal. What an absolute scandal. Dave OUT!

Can see it pushing 0.60 today. Market waking up.. raised 23m at 0.9p... producing acquisition on Tuesday?

This is starting to move now. Parta + WN success including Cadeby = 5p minimum

“In summary, the PMO decision probability had little to do with Charlie-1 results”

Oh wow. Personally I though it was to do with the fact that there was no recoverable oil and Charlie-1 didn’t meet their pre drill expectations.

1.4907 to SELL
1.50/ NT to BUY

Has been all morning - breakout coming this afternoon

Lovely bit of jam Davey. A sizeable enough XCD shaped carrot to keep this operation afloat for a few more years. Roll up roll up for the next 1bn+ barrels oil drill. Learnt my lesson now, sell before results - took a few more shares and popping it in the bottom drawer until the time is right to bail.

Looks very cheap at 17m cap, producing over 2k boepd expected to increase to 4K boepd+ in 2020.

Do people think there’s much possibility of UKOG getting bought out by the likes of RBD and UJO?

Lovely bit of jam. Pretty much confirms that (following dilution) there will be one more big juicy drill here - aka a chance to bail out.

Boom! GL to those who arrived at the party early.