Member Info for jester16

Placing to new and existing institutional and other investors to raise gross proceeds of approximately £7.4 million;

·    The Placing has been undertaken to enable AAOG to fund the entire cost of drilling the multi-horizon TLP-103 well at its 56% owned Tilapia field ("Tilapia") in the Republic of the Congo, including its partner SNPC's share of drilling and workover costs - not budgeted for on listing (c.US$4 million)

o  SNPC's unpaid costs are recoverable from production revenue

Also consider there is compensation with this drill due to issues with faulty parts. The compensation is being implemented by way of reduced rig rate. So reading this they should have enough.

However, the very interesting result of the testing and the excellent work by the reservoir engineering company has been to come up with several interesting and innovative ideas which have the potential to make TLP-101 produce at levels that would generate significant income for the Company."

What bugs me is ipos that never materialised.

So 6mths how long has this court action been going on for with the court seemingly always siding with gspc? Their at fault not us never have they followed anything the court as said but still gets courts bias.gla

When are we likely to hear news and what are people's expectation on sp. Gla

Some jealous posters who must on a massive rise. If the bondholders agree then it's game on.

Banking profit? They would of bought when Aaog was floated? I think you mean people who have just bought. Gl

Well let's see what Sunday opening does then the big one Monday. Gla

I wonder if this 16p placing has any legs but if news of bondholders agreements leaked then go getting in.

J2300 no problem enjoy the ride if your in

Yeah it hibernates for the winter

You have to work harder than that. Team internet has 2 possible buyers and you think this will go into administration. Believable yeah. Not a chance

I think someone missed the boat.

20p

In last half hour wouldn't it be nice if with logging results we get news that we've hit the next zone djeno. Gla

 March 2017, Rockhopper commenced international arbitration proceedings against the Republic of Italy in relation to the Ombrina Mare field. The hearing is currently scheduled for early February 2019.

Rockhopper continues to believe it has strong prospects of recovering very significant monetary damages - on the basis of lost profits - as a result of the Republic of Italy's breaches of the Energy Charter Treaty. All costs associated with the arbitration are funded on a non-recourse ("no win - no fee") basis from a specialist arbitration funder.

If rkh can do it so can we. What you waiting for Colin.gla

It's about time we had an update on how things are progressing? We have 20 days left to find a new nomad..

If you've sold gl. There's more to come results for one licensing news as well. Other than that once drilling is complete they may be 2 more zones if not straight into production. Good luck to those that can stand the heat.

I was expecting a bit more from that interview. Tongue in cheek moment..... He looked well chuffed and reading his body language so am I. Gla and thx again spike

Thanks for that spike much appreciated;-)