Member Info for Jhaylock

The highest price was £1.5 , I took my original investment out and was sitting on £100,000 gain. The next day a Rns declared the oil discovery was heavy oil with a high sulfur content, the shares dropped to 51 pence and I sold up, made £30k, but if only.

Got out because of the political shenanigans, but if you want a oil share this is hard to beat, so back in.

GLA. Jhaylock

I am anticipating good FY22 results. Added today now my biggest holding.
Jhaylock

Can you explain why someone prodicting high flow rates is a shorter, I am a shareholder in Petrotal Corperation thier last three wells intial flow rate average 10,000 barrels a day, the production rate is 3000 to 4000 barrels a day. For the BOD to reach a long term production target of 750 a day it has to start off at over 1000 Barrels.
jhaylock

Quote RNS 25 Oct 2022 “The operations to date have recovered approximately 10% of the frac fluid used, with oil cuts averaging from 8% to 12%. Alkaid #2 has produced initial fluid flow with rates in the thousands of barrels per day”. Thousand’s meaning more than 1, minimum 2 Thousand’s at 10% oil cut = 200 barrels a day, that is with a blockage of Fracking sand and fluid mixed with oil.
Once the propellant sand and fluid is cleared I am expecting a flow rate above 1000 barrels a day, initial flow is always higher than production flow rates, so in my opinion any less will not push up the SP or lead to a farmout.
jhaylock

7.5% up H L
Jhayock

I was invested in Kistos and their appraisal well Slochteren Q11-B found sea water, very bad news because the Tulip licences expansion was based on finding gas. AA released the information at the same time has the proposed Greater Laggan Area Acquisition and hardly mentioned it when interviewed by Malcy, Kistos did find gas in a shallower formation but this is probably not commercial.
The Greater Laggan acquisition finalization was announced at the same time has the proposed takeover of Sirius, I would have thought more information on the cash position would have been given?
The GL acquisition was not the best timing after the WFT because I cannot see any developing of the assets by the consortium for a number of years. I am no longer a share holder of Kistos because AA went from hero to zero with is value creation scheme, I hope share holder make money because all shareholder deserve to be rewarded for the high risk of investing in oil and gas, that is why I have a low tolerance of the government windfall tax and AA value creation scheme taking money from investors.
jhaylock

in their presentation they state that at 884 oil they make $245 mill free cash flow at 178k bopd, well from here on in its at 23kbopd... do the maths.

884 oil , 178k bopd ? Have you been drinking, after last two days share price drop I don't blame you, I bought more God help both of us.
Jhaylock

Too much oil is good, our biggest asset is the Amazon river.
Jhaylock

Sold after the Esso Mobile hiccup, I believe the share price would drop. Always intended to buy back in on future prospects, with or without the EM takeover, the next nine month of projects reaching a conclusion should see the share price move north.
Jhaylock

From the 10H spud testing timeline, we should have started the ten day production testing. News within a week if drilling gone to plan.
Jhaylock

I was worried the share price drop over the last week was because of bad news leaking out about 11H , todays rise seems to indicate it was unfounded. Looking forward to a good 11H result and a shareprice tick up.
My biggest holding.
jhaylock

I have been investing in the oil and gas on AIM a long time,
so I know this was a punt,but there is few thing's that make me angry.
Number one was the RNS on the gas cloud and the upping the chance of
success, number two was the share price movement yesterday.Has soon has I saw
Steve Larratt was pumping the share I had my finger on the sell button only for
greed to take over and I went against my better judgment. I sold out at 2.74
a £5K loss, hope it work out for holders.

jhaylock

Had trouble buying £1000, but can sell £25000 ?

Roman is probably plotting to take this company private, he thrives on opportunities like this.

value creation plan has change investors feeling about AA, Q11 result was a big blow to the value of the company. I have sold 50 percent, put it in SQZ,SEPL.

You can't lose everything the companies worth more than the present market cap without the Russian assets. Russia 55 percent.

Europe need Russian oil and gas and other commodities, we are interlinked, business will carry on, and money transferred to pay for it.
Politicians make decisions so they look like they
are making a difference but it rarely changes anything.

I Emailed the company
(Ratner Moment
Just about sums up AA decision to release todays RNS, in an interview with Malcy AA said “Everybody money counts, no options, warrants, unlike a lot of AIM listed companies” it was the reason I invested.)
AA from Hero to Zero.

Coal plays a vital role in electricity generation worldwide. Coal-fired power plants currently fuel 37% of global electricity and figures from the IEA show that coal will still generate 22% of the world's electricity in 2040, retaining coal's position as the single largest source of electricity worldwide.