Member Info for Hepseal

BB/Sea7/Scamp - Very good advice all round - I reckon if I listen to you guys I should get rich!! (but I wont blame you if I don't)

Bill - I am not sure if the "talking rubbish" was directed at me but if it was you are bloody rude. In case you had not noticed by post was merely a fact, it did not offer an opinion, the thread title had a question mark after it to enable you to draw your own conclusion.

Update - Now 4 No 250,000 buys on the day, all at 5.5p - spread out.

Anyway. I will offer an opinion now, I would have thought 4 No 250,000 buys was significant, but then again I might be talking rubbish.

3 No 250,000 buys on the day, all at 5.5p - spread out.

Do you mean PH in disguise?

Buys: 1,872,000
Sells: 466,000

Miton reduced their holding but still have 16,224,967 shares - 4.12% - as of 4th November

AJW - Your views on the reasons for Miton selling some of their shares due to the water cut issue are as you say your views and therefore only speculation. What is a fact is that the Miton fund had to raise cash to pay out members in mid August and sold off significant numbers of shares in various companies at this time including Block Energy.

Sea7/Maladoni/DJM1 - Just to say that I also concluded, prior to reading your posts, that Block would not have posted that mud drilling system video if all was not going well at W38. Also good to see the Technical Director on site.

Cautious - I think your post may have been taken down simply because it was on the same thread - mine was as well - not logical I know.

Just noticed 5 buys this morning adding up to 650.000 shares!!

Just guesswork but possibly a clue that the next RNS is imminent and any such interview will be arranged for shortly afterwards.

Bloe have had FOUR significant RNS's issued on a Monday morning this year!!

Mal - I had worked out you meant Well 38 in which case your post made perfect sense.

Very interesting - The 3D Seismic Survey Report will be a very valuable asset to the company in due course - good that they have the finance to carry it out at this stage.

little earn - you are right - I succumbed - an "emBago" it is.

According to Mike the RNS stating that Block have signed an agreement with Bago to put in Gas infrastructure by Xmas is Hype - very logical thinking - Thicko

Hi Cautious, I would say that there are two possible reasons why the Bago contract was signed at this particular point.

1) Bago are aware of positive information on W38 as you say.

2) Bago are now satisfied that W16az will continue in production after December when the temporary Gas flaring licence expires.

Either way it has to be good news and in fact both reasons may be correct.

I don't suppose it is PH after taking advice from the new PR team?

Together with the 3D seismic survey results!

As Malcy said:

"might there be something going on, we shall have to wait and see…."

A few comments re BLOE on the Solo Oil chat board today, draw your own conclusions.

Also, extract from Malcys blog this morning

Block Energy
It is worth taking a look at the Block Energy share register after another TR 1 this morning where Jon Fitzpatrick, a well known predator in the oil and gas sector has announced that he has taken a 3.82% stake in the company. If you then go to the shareholder list of Block you will see that Alistair Ferguson has a holding of 5.21% which together finds them now holding around 9% of the company. Watch this space…

Mr Fitzpatrick is known as a keen M&A practitioner and of course also has a large stake in Solo (Scirocco) where Mr Ferguson is the Chairman…might there be something going on, we shall have to wait and see….