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May see some 20 - 30 % rise today, i may be wrong let's see.
Meetings underway. Let's see if it brings any positive news out this week
The first Djeno discoveries made in the 1970s were gas and condensate fields. However, more recent drilling and production success has shown the presence of oil rims, as has been found at multiple wells in the Nene and Litchendjili field areas adjacent to the Tilapia licence just 20km around.
The Djeno sands in the Tilapia structure will be gas-bearing with an oil rim. The majority of wells drilled near the licence have yielded wet gas with a producible oil rim, as evidenced in the Nene-Lidongo trend. What makes this drill interesting is the exploration and production success in the surrounding
Acreage in the Djeno sands by multiple companies like ENI, TOTAL etc
Bring it AAOG. Denjo is what we need
A deal can't be ruled out, all the wells currently drilled on marine 3 block was a huge sucess. Especially the ones closer to our field. This makes me to think Denjo has higher chance of sucess. Remember guys Denjo will be mostly gas rather than oil. A subsea tie back to ENI platform will be an easy option
I would assume 104 as a horizontal well rather than exploration
A deal can't be ruled out, all the wells currently drilled on marine 3 block was a huge sucess. Especially the ones closer to our field. This makes me to think Denjo has higher chance of sucess. Remember guys Denjo will be mostly gas rather than oil. A subsea tie back to ENI platform will be an easy option
Agree with spike. Have a look at the adjacent licencees, all producing excellent amount of gas and oil from from Denjo formation. All producing wells are within range of 10- 20km of current drill and the geology is very much same. To me Denjo has greater chance of sucess. GLA
I think 90-95p possible by Thursday morning after trading update. Catcher is on record production.
Crude inventory is dropping, which is good.
Could be a buy
Pre drill sp was12.5 p now we have 6 new oil zone. Where else so should be 20p+ is my answer
Excellent results. Six zones of oil reservoir. I expect this to increase as we drill deeper. I can also see a possible connected senario here. Which means flow rates will be massive. 3 new reservoir identified and this excellent result should take us beyond 20p today.
Today era out @ 4.00 pm
Another 40 % from current 10th jan
Prediction time for today's close guys. I am going for 73p test and close 72
Looks like need more money require. Placing around the corner I think.
doesn't look commercial at all. 101 now require adittional money to be a successful and even with waterinjection no guarantee.
Oil will spike tomorrow morning and afternoon