Member Info for hallmark

theres no doubt of the potential. 2 out of 5 wells offshore morocco drilled on modern seismic have had disco'. This provides some seismic control over this well. Enhances the chance of success and they are targetting the reservoirs that have previously held HC's. but nothing commercial. oil and reservoir quality remain the question marks https://www.ogj.com/articles/print/volume-113/issue-5/special-report-offshore-petroleum-operations/deepwater-prospects-gain-momentum-off-morocco.html https://www.offshoreenergytoday.com/freeport-mcmoran-drills-duster-in-morocco-seeks-cheaper-drillship/

thats caught a few of the 'i'll wait for the placing' brigade out. my 10p top up looking pretty rosy

surge in buying. to coincide when the americans are in work? could we have a leak over there?

https://www.investegate.co.uk/westmount-energy-ld--wte-/rns/interim-results/201803210700033591I/

I imagine the contract with schlumberger is performance related. schlumberger therefore most be fairly comfortable that the well will flow. pure guesswork from me

Not grim on an asset sense, far from it but the news blackout has been done on purpose. I am 99.9% sure. forget the jv production agreement there are numerous elements of news that were due months ago. This has been a co ordinated drop lead by the brokers and GEO itself. in my opinion. Look at the elevated volumes of the last 10 days with constant blocks applied to the ask side of the book. Now we have a falling ask on repeat buys. I smell a rat or 3

until schlumberger deliver the improved flow rates. turn key contract so schlumberger are taking the site and designing their own intervention and flow test and then handing back the site and well to AAOG. I would envisage some sort of performance related bonus on production milestones.

on 8th sept sgc drilled through the shale at 2700m. This shale was known from the alvares well where the shale seal was encountered at similar depth. It was after this shale that alvares had the best shows which in turn is why SGC wanted to drill through and into the deeper plays at dempsey. after the ANN that they drilled through the shale and found more gas they announced a few days later they encountered 2 more zones before TD. They TD'd shallower than expected hence these two lower zones (x3 and 4) were tight. Indeed on the 8th September when at 2780 they said they expect another 440m to TD. This latest announcement states they are testing a 120m zone. to me this is the zone upto the shale. (3000m TD less the 2700 to the shale less the previous testing zone) so we are testing the entire zone below the shale X1 and 2 now in play with access still to X 3 and 4. So this is still in the high pressure historic zones so relative volumetrics still in play. Lets not even go onto the G sands as the drill encountered numerous 'additional zones' well below the G sands which only add to the potential volumetrics. as I see it now 10c per share is undepinned by the 260 boe/pd in production forecast for march. any positive flow test from these better developed reservoirs should see a significant return.

its not that. i cant even get a quote. just times out. i have seen it before with others. something to do with the decimal place i think.

Cant buy this on IG. Anyone know why?

del boi I agree albeit i think it was more to do with proving they had the finance to complete but not wanting to raise funds at this sp. what the agreement gives UPL is the 'option' to access funds when necessary without doing so at this share price.

Sgc need to increase the flow from Dempsey, increase revenue and thus sp. they need to raise funds for Alvares.

Robust. company making deal. company making rns. this will be a cross the t's and dot the i's process. the magnitude of the deal means that with nccl have to be thorough. no point rushing out a news release for the sake of it.

good post. funding wise. so low risk with such huge upside they wouldn't need to place. at this sp i'm sure there are plenty of interested bodies out there who would subscribe to new shares. sticky money and no look in for PI's. look what that did for ECO and UPL sp's.

total shambles. regardless of production agreement here are some snippets form November opps update. where is the news from these items??? -Core logging indicates that two additional holes drilled at GZ3 have intersected the same mineralisation style extending the strike length in the process - assays underway - Updated Mineral Resource on gold and copper based on the latest round of drilling which focused on the immediate environs around the GZ2 mineralisation expected from external resource consultants within weeks - we expect to increase this further in the coming weeks with an updated Mineral Resource on both gold and copper at KB - A Mineral Resource estimation update is underway with the Company's external Resource consultant. The Company expects to provide shareholders with an update in due course. News blackout does one thing and one thing only.

12 month 20 bagger on aim. About a low risk exploration well as you’ll get. Life changing potential

Not seen it discussed much but i think you need to factor in how much this drop has affected sister. effectively the asset was largely bought with AAOG shares and sister would have been banking on the ps rising to make the deal more valuable to them. they were locked out of selling when the sp was strong so are now sitting on a substantial loss. there is little doubt they would have wanted to have reduced their holding at some point. but have since found themselves locked in. Factor in the precentage they hold they carry some real weight. effectively corner stone investors. would they want a placing? unlikely. however, the may subscribe to a few more to bank roll the company into some sp gains for them to benefit.

share.. over 12p to buy. under water here but added first thng today

Gil to write up an RNS tomorrow getting the point out there. this exxon disco is not common knowledge to all yet and the significance will only start to set in once we get the CPR.

flow testing tulliano next week. positive results will have direct read across to alvares.