Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
So what drilling success has 88 had to date???
So some have waited a long time to get their money back on past failures.
I have recovered my initial investment from the last duster and shining the wheel on this drill once again.
GLA
That's been my experience in oilies, nice rise up to spud, drift down on drill and crash on poor or disastrous results! I will be de risking my position before the spud.
GLA whatever your decision is.
Having seen the impact it had on Otto's share price, I doubt we will see much change here. It's not exactly news that they are almost finished a road they said they would build! Otto down 2.4%!
Nice early morning rise!
Main permit triggering final payment to Great Bear Petroleum expected by end of
November 2018!!
So bored of this share I'm researching cheese name meanings!!!
Mozzarella is a good choice...Mozza in Neapolitan dialect means cut! Mozzare, to cut off! And they come in Balls shape!
So let's cut off his balls for Flucking up this share!
Ticking back up nice and slowly.
Had high hopes for this one a few years back!
Another share hitting the delist button in my portfolio.
Regretting getting involved in AIM big time!
Live and learn...
Ocean Rig Poseidon drillship is sailing towards Chariot’s PEL 71 block offshore Namibia where it will soon begin drilling of the Prospect S well. Azinam, Chariot’s partner in the project, on Friday said the sixth generation drillship would be at the location within the next 24 hours. The spud is expected “shortly thereafter,” with the drilling operation expected to last around 40 days. Chariot will be hoping the rig will have a better luck this time, as the Ocean Rig Poseidon’s last well, drilled for Tullow in Namibia, came up dry. According to Azinam, the Prospect S well has been strategically designed to test multiple zones including Aptian, Albian and Cenomanian-Turonian stacked targets within an overall structural closure. The total gross mean prospective resources are 708mmbls, according to Azinam’s most recent Competent Persons Report by Lloyds Register in September 2018. In addition to Prospect S, Azinam sees considerable follow-on potential within PEL 71 in several analogous adjacent structural closures all of which are clearly defined on 6,100km² of high quality broadband 3D seismic data. Daniel McKeown, Managing Director of Azinam Limited, said: “We are delighted to announce the mobilization of the Ocean Rig Poseidon as we approach drilling on Prospect S, the first well of our multi-well, multi-year drilling programme. I look forward to providing further updates on our operations on Prospect S as drilling progresses, as well as across the wider Azinam portfolio. Azinam is unique in this highly prospective part of the Southern African Atlantic
Continuous slow rise...