Member Info for doyle172

Nicely consolidated for a week or so. Ready for the next leg up.

I think we could be surprised

6000 bopd was with old techniques. Maybe stimulation could take this to 30000 bopd making an amazing difference to cash flow. 10 years extra for nexern to write off the Scott platform. They have got to like that. As I said big weeks ahead.

Looking strong for our re rate. News of tie bag and reservoir stimulation would be great. Any idea what flow rates might be possible if we flowed at 6000 bopd at Perth previously without stimulation?

A Bull flag of course

Now we should be ready for a nice afternoon of buying to push the price onwards.

Before FEED I can see this motoring into the 70s this week. Technicals are strong with this one and many of the big PI holders derisked last week and remain with their long positions

News soon

Hope so

57 or 61 Fib targets

Onwards and upwards. Some big profit takers. Only natural after the rise. Very pleased with the way this is moving

On the way up

Article by Greig Cameron, Scottish Business Editor writing in The Times on the 8th of February. "In a further sign of its confidence in the Greater Perth development, the company has commissioned a reservoir study from AGR Tracs International to see if there are ways to improve the flow rates and recovery levels from the area. The engineering study will run for the next ten weeks and look at ways to connect to the Scott platform, which lies six miles to the southeast of the Perth area. Mr Cross said that using the existing production facilities on the Scott field would make the Perth development more commercially attractive by reducing the upfront and operational costs."

Downside limited due to healthy blance sheet. 24 mill in bank and cash productive assets Upside is HUGE. 61 very prospective licences some with proven reserves and a plan to extract. Market just starting to wake up. Long Long way to go here. Risk vs reward makes this a massive buy

Very happy with this for starters. Technicals point to this going higher. Fundamentals make this the most exciting share on Aim. Mcap 1 billion at some point is possible. Thom Cross said his goal is to make it worth more than Dana which sold for 1.8 billion to the Koreans. Possible? Yes. 61 licences snapped up while POO was low and a strategy to create economically viable hubs. This company has huge potential. Already cash producing and still got 24mill in the bank so still cheap at this price. By a long way

Thom Cross? Wouldn't that be nice!

If you believe these things. News due and big buyer in background

You never know. There was a one code earlier

Chart looks amazing. Fib targets 56.72 then 61. Should be achievable before news as excitement builds around this fantastic under the radar North Sea Oiler

Start of a rerate here imo