Member Info for Dicko80

cant find anything on David Ian Jones... anyone know who he is ?

just took a small position

so just found Shaun Dowling whos recent TR1 he was a director at BLOCK Energy ?

and another 10m

so trying to understand it..

Atlas supplying stock and some party hoovering up...

another 15m & 10m showing

i

just came across this share, trying to understand it...

i've observed large trades delayed buys, so someone is obviously accumulating

guess time will tell

if its that recent TR1 they'll be getting close to 30%

another 10m bought @ .31

whos buying this stock ?

been watching this share and noticed someone is stakebuilding

yesterday

22m @ .4187 £93k
22.2m @ .42 £93k
5m @ £.3221 £16.4k
5m @ 0.3284 £16.4k
1m @ 0.395 £3.95k

today

7.448m @ .3589 £27k
7.48m @ 0.36 £27k
6m @ 0.33 £20k

looks c£300k

any ideas ?

interesting last 30 half hour of trading...

Jade - low risk step out exploration well

they wont be at TD

depending when they re commenced drilling, may have been yesterday then its likely they'll only be in the reservoir Sunday based on a reduced ROP of 75m pd

then a further 400m to drill to TD so a further week or so from there

IMO w/c Monday 2nd at the earliest for TD

they wont be at TD

depending when they re commenced drilling, may have been yesterday then its likely they'll only be in the reservoir Sunday based on a reduced ROP of 75m pd

then a further 400m to drill to TD so a further week or so from there

IMO w/c Monday 2nd at the earliest for TD

then further drilling to TD maybe a week later

also one to note..

they were at 2100m, we don't know when they were at 2100m though...

could have been some time over the weekend, could have been Tuesday 7am

either way its over 200m pd they are getting through

target zone is 2380

(2380 - 2100 = 280m)

it wouldn't surprise me if we get an update on Friday or Monday

"oil shows"

Hi Lawrence

I have seen 10p talked about...

but from my own calcs, I have valued our % @ 7-7.5p, so approx 30% downside

it would appear to be a great risk / reward play now

with confirmation of the gas clouds EME is now de risked and as the company keeps saying "great quality 3D seismic"
it would appear to be spot on so far

on success case for Jade , there would have to factor in some success at Topaz, which the company has recently confirmed they want to drill after Jade

limited downside
huge upside

Very interesting video

"Why I love EME’s geology so much and believe they should hit Black Gold..Beyond expectations"

hTTps://www.youtube.com/watch?v=sv6bc_SxtfM

credit to Steven Larrett

Clearly Rkt doesn't hold stock and has never contacted TRP to discuss Cameroon

I have, not once but several times

Fact - the delay is not TRPs doing
Fact - the delay Is with Cameroon authorities

Cameroon authorities know the delay wasn't to do with TRP, they hadn't had formal sign off from them

Discussions have been ongoing over the last few weeks

also commercial discussions with rig Providers

And as per RNS In Jan prepayments made to sub contractors ahead of drilling and maintenance to Long lead items already bought for drilling

We are targeting reservoir at 2340m

If a Trouble free drill - be 2.5 weeks time before we enter the target zone

They won't be at 2100m for another 2 weeks

It takes longer to drill the further down they go

In the meantime we have a lot shares to turnover,

18 million CLN plus warrants so expect more weakness in the sp

It's the Cameroon authorities that have caused the delay not TRP

Everything around the world is taking longer and Cameroon is no different

It's not gambling as they have 5 billion potential inthe hottest areas in the world right now with 2billion of oil finds recently plus 88mmbbls in Camerron assigned with 80% COS plus a further 111mmbbls and thats before the huge upside of the deeper plays as yet no numbers in the public domain for these

Cameroon is massive as production cashflow will be from one platform 4 wells and 8000bopd do the math on that vs mkt cap

It's a strong buy

Hi reggie

If things had changed "paying subcontractors and paying for care and maintenance on long lead items ahead drilling" then we would havebeen told but things are finally progressing and I expect an update telling us this pretty soon

The great thing with Cameroon is short term turn around to first production just 6months or so

busy period coming up

news on

Cameroon

SA

Namibia - GBP farmout deadline end of the month, 25% of the Welwitschia structure lies in block 1911 which is TRP block, potential c200mmbbls to TRP