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Warren Buffin - thanks for your recent contributions- you seem to have swiftly appreciated the Briggsy agenda but may not be aware why he has no credibility - here’s a post from my archive which includes the iconic quote, apologies to those regular readers who’ve experienced overload symptoms! ( Where’s Gary? )

Briggsy - seems like most investors here are relaxed about their investment - perhaps it’s because they see ups and downs as an expected aspect of shareholding, maybe taking comfort from your pre negative epiphany advice -

“ Of course there will be selling along the way but progress and results will ultimately win out ”.

Of course if you bet the farm on a long odds scenario which fails that’s most unfortunate, some might say foolhardy Briggsy and I expect many on here were sympathetic to your plight. Speaking personally I don’t believe it’s justification for this incessant negative trolling, your desperation is palpable, as evidenced in the legendary pre Chevron deal post, which says it all about your knowledge of this market! ( if you’d done some research you’d have known Chevron drilled in that area and discovered evidence of hydrocarbons. ) Not to mention the Eytan telling us he was in negotiations!

“ Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them

End Of An Epoch!

Good job he’s got a GSOH!

Laallee - as you know Eytan is an international man about town and pursues other interests outside CEG. Perhaps Hermès have signed him up as an ambassador- the pose certainly gives brand prominence in that photo - either that or it’s part of a plot line for his next book ( spoiler alert - is he in handcuffs? ) !

Just googled Chevron Decision Support Centre Houston Texas - looks mighty impressive!

Space age technology in that centre - will Eytan change the quote to ”Houston we don’t have a problem ” after the visit?

Updates expected September re Chevron/OFF-1 progress and honing of OFF-3 survey material regarding exciting Benteveo prospect!

Boozie & Briggsy- I wasn’t looking for your endorsements but thanks guys for adding weight to my closing argument!

“it wouldn’t surprise me if they are well known to Eytan - after all it’s part of his job to stimulate interest in CEG and even our most ardent trolls find it difficult to criticise more professional investor holdings! ”

Phillo - I note your concerns, followers of this company will be aware that when management are between a rock and a hard place deals are sometimes done which can impact severely on shareholders. I cite the final loan involving the CEG Bahamas drill as an example!

The Gneiss holding is merely more proof that professional investors analysed the SP opportunity in the light of the potential here and are prepared to take on the risk/ reward position, in the same way that retail investors have chosen.

I’d contrast this straightforward purchase of shares with the scenario you describe at SOLO. They aren’t getting special terms and I’m not aware of any merchant banking deal with CEG, although it wouldn’t surprise me if they are well known to Eytan - after all it’s part of his job to stimulate interest in CEG and even our most ardent trolls find it difficult to criticise more professional investor holdings!

Briggsy as we’re approaching the opening of the data room for OFF-3 It might augur well for the future if you would continue your wildly successful PR campaign featuring that legendary comment - “ Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ”!

I’m still a bit over stimulated by Sam’s post regarding the Santos Basin Brazil BP discovery. Now that “ Looney ” has gone from BP and they are turning the tanker back on fossil fuel development who wants to speculate that BP might have the appetite to partner OFF-3 ?

Briggsy - seems like most investors here are relaxed about their investment - perhaps it’s because they see ups and downs as an expected aspect of shareholding, maybe taking comfort from your ramping phase advice -

“ Of course there will be selling along the way but progress and results will ultimately win out ”.

Of course if you bet the farm on a long odds scenario which fails that’s most unfortunate, some might say foolhardy Briggsy and I expect many on here were sympathetic to your plight. Speaking personally, however, I don’t believe it’s justification for this incessant negative trolling, your desperation is palpable, as evidenced in the legendary pre Chevron deal post, which says it all about your knowledge of this market! ( if you’d done minimal research you’d have known Chevron drilled in that area and discovered evidence of hydrocarbons. ) Not to mention Eytan telling us he was in negotiations!

“ Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ”

Sam - thanks for your presentation.

BP obviously equipped and resourced themselves to drill deep and seemingly have been rewarded. Interestingly Chevron appear to have a similar view about OFF - 1, given the positive indications they historically achieved there.

Good to see that people can reflect upon a disappointing experience, learn from it and move forward with positivity.

Welloil - popped across to see reason for the drop and remembered your moniker from LGO days! ( If I remember rightly I requested it as a legacy! )

This is a great share for esoteric investors - if ducks suddenly line up it could take off but it seems that only management have full story - they certainly optimised the recent cash raise!

I still believe your guy will do well in Trinidad with his technology- hopefully Moroccan news will be more positive.

ATB!

RE: Share price14 Jul 2025 22:35

Briggsy - seems like most investors here are relaxed about their investment - perhaps it’s because they see ups and downs as an expected aspect of shareholding, maybe taking comfort from your ramping phase advice -

“ Of course there will be selling along the way but progress and results will ultimately win out ”.

Of course if you bet the farm on a long odds scenario which fails that’s most unfortunate, some might say foolhardy Briggsy and I expect many on here were sympathetic to your plight. Speaking personally, however, I don’t believe it’s justification for this incessant negative trolling, your desperation is palpable, as evidenced in the legendary pre Chevron deal post, which says it all about your knowledge of this market! ( if you’d done minimal research you’d have known Chevron drilled in that area and discovered evidence of hydrocarbons. ) Not to mention Eytan telling us he was in negotiations!

“ Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ”

Howzat for a LOL Briggsy?

As a follower of CEG I’d like to thank you guys, including Paul, for doing what you can to cleanly speed our exit.

I wish all at PRD best of luck with Trinidad, due to

the terms of PSC with Trinidad Government you need decent volume to make a reasonable return and your innovative technology gives you a decent shot at it.

Misquoting John & Yoko - All I am saying is give Paul a chance!

"Leading up the garden path" is an idiom that means to deceive or mislead someone, often in a seductive or enticing way. It implies leading someone to believe something that is not true, causing them to proceed in the wrong direction, either literally or figuratively.

Briggsy- I’m just chilling this morning so I googled the above - weren’t you wanting people to sell out at a depressed SP with your legendary “ Why on earth ” comment before the transformative Chevron announcement?

You’re such a naughty boy!

Briggsy - seems like most investors here are relaxed about their investment - perhaps it’s because they see ups and downs as an expected aspect of shareholding, maybe taking comfort from your ramping phase advice -

“ Of course there will be selling along the way but progress and results will ultimately win out ”.

Of course if you bet the farm on a long odds scenario which fails that’s most unfortunate, some might say foolhardy Briggsy and I expect many on here were sympathetic to your plight. Speaking personally, however, I don’t believe it’s justification for this incessant negative trolling, your desperation is palpable, as evidenced in the legendary pre Chevron deal post, which says it all about your knowledge of this market! ( if you’d done minimal research you’d have known Chevron drilled in that area and discovered evidence of hydrocarbons. ) Not to mention Eytan telling us he was in negotiations!

“ Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ”

Howzat for a LOL Briggsy?

Briggsy - I’m glad desperate and ridiculous we’re the words that came to mind when you read my post - I’ve tried being subtle about it but , let’s face it , there’s no other meaning that can emerge from those historic posts of YOURS!

“ The parties have thus agreed to further extend the date for closing of the sale transaction to seven days after the grant of regulatory approval, with a revised longstop date of 30 August 2025.”

Were it not for the Chevron cash of $12.5 million any concern regarding the completion of the Trinidad deal could have been a company breaker - how times have changed since you sold out Briggsy!

I still see the deal as excellent for both parties and expect it will complete eventually unless the lyrics of this old song repeat themselves! https://youtu.be/L0xwYPW01dI?si=pkM-v5JLGNBnEEoV

Briggsy - seems like most investors here are relaxed about their investment - perhaps it’s because they see ups and downs as an expected aspect of shareholding, maybe taking comfort from your pre negative epiphany advice -

“ Of course there will be selling along the way but progress and results will ultimately win out ”.

Of course if you bet the farm on a long odds scenario which fails that’s most unfortunate, some might say foolhardy Briggsy and I expect many on here were sympathetic to your plight. Speaking personally I don’t believe it’s justification for this incessant negative trolling, your desperation is palpable, as evidenced in the legendary pre Chevron deal post, which says it all about your knowledge of this market! ( if you’d done some research you’d have known Chevron drilled in that area and discovered evidence of hydrocarbons. ) Not to mention the Eytan telling us he was in negotiations!

“ Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ”

Billy I am relaxed, knowing STIFEL are on the case - I’m also comfortable if STIFLER’S Mum enthusiastically participates!

Briggsy - do you mean rampy comments like this example of YOURS, before the Bahamas drill result was known -

“ Of course there will be selling along the way but progress and results will ultimately win out ” .

Not sure what your motivation is to regularly snipe here - some speculate it’s because you lost your shirt on the failed Bahamas drill - why not tell us why you do it - might be cathartic for you!

Briggsy- your quote was quite prophetic “ Of course there will be selling along the way but progress and results will ultimately win out ” !