Member Info for Jungmana

https://youtu.be/UZtKwthHkvs

From the daily mail :
"AIM-listed i3 Energy Group had worse luck in its North Sea operations. It sank 45.3 per cent, or 25.3p, to 30.5p, after it said a well drilled to find out how big an oil reserve was missed the reserve entirely. It will go back to its geological data before trying again."
Was simply poor choice of well location. Why choose to drill so close to the boundary? Very risky .

So will the company ditch the sheikhs name? ADM energy now that the young Sheikh played a blinder here with the former CEO.

This matters a lot. The share price was about 5p equivalent before the sheikh got involved and funds raised at 4p. Then the masses jumped in because of him.
Now how many are desperate to follow him out?

Andrea Cattaneo, Chief Executive Officer of Zenith, commented:

"I am very pleased that this offering was for the most part subscribed by large, existing shareholders including Mr. Dean Clark, as well as two highly respected UK institutional investors who I thank for their valuable support.

Directors paid 1.1p and punters paid between 1.4p to 1.6p on Friday.
Let's see how much is dumped again today

Imo this is worth about 5000p today. Unrestricted cash alone is over 1700p.
Producing 22,000boepd equivalent . A cash cow

Buchan oil field was discovered by BP plc in the mid-1970s and came onstream in 1981. Production continued until May 2017, when the Buchan Alpha platform was no longer compliant with the current Safety Case, by which point a total of 148 million barrels ("MMbbls") had been produced. Buchan oil is a light 33.5deg API oil with low GOR (285 scf/bbl). JOG estimates that over 80 million barrels of recoverable oil volumes remain to be produced from the field.

Yes the 250k is a buy

Good to have the rig fully tested and spares on site instead of rushing to drilling as some would have it.
Now is all systems go with the two well drill campaign for 2019 back to back.
Very informative rns imo.

722k buy there

As far as we know he only sold 1.5m yesterday and that trade is there for all to see. So who sold about 10m over last 5 trading days?

Who has been selling over last one week? Reason for the drop from near 4p to 3p today

A good vote of confidence there from AC. Basically buying shares at 7p.

Strong day tomorrow imo as many traders took profits today. 5.69p paid there after close for 330k shares.
Let's first get back to 9p where the share price was in April. Company in a far better shape today than 3 months ago and therefore I believe we will see 10p this month.

OPL 325 licence farm down talks underway. Some big numbers from that block which alone warrants today's market cap at 6p imo.
Not to mention Otakikpo and OPL 310 .

Otakikpo funding sorted and soon we should be producing 8000bopd.
Great rns there and with seller gone we may see 6p+ this week.

Just about 2m shares to employees. We traded about 17m today for your information. Onwards and upwards tomorrow

Yes a nice 2m buy there. First seller cleared on Monday and second seller should be clear by next Monday at this rate of buying imo

Anthony Clark got 8m of bloe before the drill about 4p. Same guy has about 30m shares here . Potential 400+ % from here short term on success of the drill Knows his oilers