Member Info for feelinlucky

market makers putting sell price 0.25p...they want shares!

the BOIL raise shares joined the market.... no rns though

that's because there were large sells of @ £10,100 one after the other obviously by same person...saw a string of 6 of them yesterday there were probably more I didn't see...money being moved around for something.. there was also a series of equal sized chunky buys in BOIL a day or so ago

Oil investment guru Malcolm Graham Wood (Malcy) believes likely buyer to be Total who operate the Greater Laggan Area pipeline nearby......we'll have to wait and see if he's right but there's not much he misses

they both looked exhausted....travelling?

they like to have about 30% and don't operate the assets, but like to build a larger stake beyond the 30% in the asset (avoid themselves taking operatorship by means of a main holding by their own company (as in Dunrobin) as well as a chunk of another partnering company....usually by buying shares in that company)

are acquiring 36% of Dunrobin/Inner Moray Firth licence area from deal with Corallion. They generally do like to have a say on bod of partners in licences

also holds 32% interest in Dunrobin/Inner Moray Firth and did a raise for just under 20% of the company

interesting comment by BennyShares our Timor Leste islander man in the know who likes to drip feed cryptic clues.....BOIL raise shares were due to join market around 9th but this is delayed a little, meanwhile there is a special meeting by govt. there on Wednesday....approval required for something?

by the 2 boy wonders in a recentish video interview on youtube they said that they know from the 2 drills so far that the wells require acid stimulation but that they are confident they'll flow......the point is that this company has reached an 'inflection point' where 'value is about to be unlocked' and there will be jealous eyes upon us with greedy agendas! there are people associated with UJO circles watching us now (scumbags, cowboys and crooks if you get my drift)

....and peaceful !!!! he must be on holiday

on whether RBD grabbed some (or all?) the shares recently issued by BOIL....and maybe bought a few more besides.....let's see on Monday when those shares join the market whether we've gained a meaningful chunk of BOIL on the cheap...worth it just for the Dunrobin/Inner Moray Firth alone with Timor Leste a bonus?????????? they'd be daft not to!

MisterPositive posted........'The Beatrice field @20km north of Dunrobin produced over 140mmbbl from the same petroleum system. 3Dseismic results are due soon. Dunrobin resource size may well come in higher than 100mmbbls, (possibly) matching or exceeding Beatrice's 140mmbbl production.'

the expensive onshore processing facility would take years to build before any gas flows.....the only thing that does make sense is China getting TL govt indebted to it, firstly by building harbour facilities that China would then insist on use of for military purposes.....the dream gas would then belong to China (if it ever gets produced) as by then the debt would have racked up so much that the people of TL would have no say against China claiming it's dues

wants a military base...not gas! Russia it's pal next door has loads to sell it

Malcy reckons 'the buyer' is Total

RBD are therefore 36% owners of P2478 as administrators not operators...but they are up to something with the Corallion assets as there has long been rumours of a sale of the bulk of the Corallion assets to a large European major who has been negotiating with RBD, this deal likely to be done afterward....they have paid suspiciously little for the Corallion assets so there must be a huge payday in it somewhere!

the main buyer of Corallion's orth Sea assets is not RBD. RBD are 49.99% owners of Corallion and were only really interested in Victory licence for themselves to develop so took investment in Corallion awaiting the sell off of North Sea assets as a bonus, in the deal negotiated they have carved out ownership of Victory for themselves....the major buyer is still to be identified

Corallion's 36% share of Inner Moray Firth licence P2478 is part of the current batch of assets being sold, so the buyer will hold 36% working interest in P2478 which BOIL is operator of.....so the new buyer will fund it's share of drilling. What we wait to see is who makes a move to farm into BOIL's interest with free carry a very likely part of the deal...or just buy out BOIL's share completely...before or after drilling is the question...it may be enough to have seismic interpretation completed for them to make an offer

ooops!...meant to say the buyer with 36% could offer BOIL free carry!