Member Info for elland

Just like yesterday buys showing as sells. I know this as two trades yesterday were mine at 3.37p.

Very positive and CH obviously confident that by giving away 50% for the additional drill the company will achieve well over 1000 barrels of condensate/light oil per day. The RNS of September quoted 510 barrels per day and increasing. To make this transaction worthwhile he must be hoping for a minimum 1500 ?

Cannacord Genuity also reiterated speculative buy at 16p today

Looking forward to new CPR result which is hopefully due soon and should show significant resource increase

All this bull around that little man TW and his friends is pure froth and nothing all to do with the huge potential here

Slightly more buys than sells and a near 10% fall. On Monday we had a couple of big late buy trades from Friday and it fell. Is this just AIM or are the MMs having fun ?

Frustrating Northern I agree. However it’s only a matter of time with all the positive information due soon. Also note that Henry Hub gas price now off lows and with Winter soon here should increase. Price of Condensate is stable and will be profitable for the company at 500 barrels a day minimum. 16 - 2 to also be tied in. Finally the unknown Helium card from second half of next year.

Traders have had fun over the last few weeks.

Good for them. Some will have won and some lost. Very few trades though as the long term holders hold and realise that the prize is potentially huge. Everything points to a great long term investment with stable and increasing non op income once Slawson is sorted and this revenue paying for development of our assets. farm out discussions in place for advanced development including Helium. Looks very positive to me.

I emailed CH on Wednesday about the delays re 16-2 and their plans. The RNS the day later referred to the issues however he also quickly replied to my query. They intend to wait for 36-2 test results to check its “volumetric potential” and once establishing that data they can “size our gas processing infrastructure” accordingly and then tie both wells plus 28-11, into the system. All sounds to be coming together

Re rate of share price soon Northern

Hi Northern. We were nearer 8p a few years ago based on field 16 - 2 ( whatever happened to that field ?) but some dilution since. I would hope for a price north of 10p if testing successful. Then comes the possible Helium play to tick price further if all goes to plan

Looking a little more positive this morning as we approach an announcement. I expect a Tuesday RNS.

6000 ft as of 14 May. Looks like slightly ahead of schedule and could get news end of next week. GLA. It’s getting exciting.

Hi Northern. My understanding is usually 12 months. Someone else on the board may know. I have asked CH for update on 16-2 which emailed me about earlier in the year and which I posted.

Well overdue my fellow long term shareholder chums. New due on Rig , start date and more. This share is so undervalued.

Hi Northern. Your concerns are valid but I am still confident that both 36-2 and 16-2 will provide great income going forward and we will see improvement in the share price once the BOD secure the drill contract. I emailed CH last week re 16-2 and he expects to update us after the 36-2 drill program is finalised.

Hi fellow Long Term Holders. Happy New Year. I am sure that like me you are down on your investment but believe that this is a potentially great investment. The current quarter will prove whether our faith in the board (CH) is warranted. I believe it is. When you invest in oilers on AIM it’s fair to say that you expect disappointments. We have had our fair share but I believe that we can expect a significant uplift in the share price this quarter with all the news due.

Or an inevitable realisation of the opportunity here at this current low price

Low volume but some decent buys.

I got the gist RB1. This is a significant increase in potentially 2 years income. Not to be ignored. Current valuation of company has no credit for Paradox production next year. All the best mate