Member Info for kentan

Having to hold as underwater on this outfit.

Compared to JV partner Panoro (PEN:OSL) this company just can't deliver, the BOD must be extremely embarrassed to publish such figures. SO should be ashamed.
They cannot even be bothered to update their website ...
Delisting and the Chinese taking full control is now on the cards.

NAV £14m
Losses widen to £3m+

Mr Clever Fonseca has been appointed to the board ...

Let's hope he lives up to his name ... Clever by name, Clever by nature.

https://www.petroleumafrica.com/nigeria-loses-power-due-to-gas-challenges/ The quicker Aje OML-113 is commisioned and put into production the better ... Nigeria is desperate for energy supply.

Hope Stefan doesn't try to use this to justify another pay rise. Remember, he works so hard, 24/7 for our shareholder interests......Hmmm!

RNS confirms the current 3,300 bopd (in a range of 1500 -1700 on each) from both wells, with a further 5,000 bopd possible soon, so looking forward to the 8,300 when it comes.... let's hope the oil price holds up in the meantime. Short and sweet, as per usual from SO ... more time for him to get back to slaving away at the coal front, or more likely sipping wine in the local.

Final Results due 28th/29th June ... same time as last year.

Thought there might be further articles featuring SAV this weekend, expected a few more journalists to pin their colours to the mast. Plenty of news to come with supporting tweets from SAV, lithium is the "sexy mineral" of the moment.

Crude Oil Tanker should read STAMOS ... not Stratos (f***ing predictive text).....ffs !!

Crude Oil Tanker should read STAMOS ... not Stratos (f***ing predictive text).....ffs !!

Gleaned from the EMA (Energy Maritime Associates) site.... FRONT PUFFIN .... Total Storage Capacity is 730,000 barrels (bbl) Processing Capacity is 40,000 b/d barrels per day. With the history that was in the last reports, they were processing 3,300 b/d, so it could take 220 days to fill up the FPSO, but if production has now increased, as expected, that time would be reduced accordingly.

From what I can gather on the Norwegian forum, Sapphire1 (Unicorn Voyager) and Sheba are likely to be refuelling vessels for Front Puffin, she uses plenty of diesel just holding her position. The last offload of crude was made to the vessel Stratos which departed earlier this year from FP (now in The Carribean on course for The Dominican Republic).

They are waiting to pounce on MXO.... they already head the significant shareholder list ... with more than 35% of the company (probably more when the nominee shareholders reveal their hand). It makes you wonder who is buying under a nominee name? ... Just my suspicious nature.

PRIM are lagging behind (up 8.7%) when UKOG has more than doubled in price on the RNS ...

Del: "This time next year Rodney ... we will all be £Millionaires" ... Rodney: "I'll get the drinks in ..." Del: "Luverly Jubbly ... great, well I did get the Rolls (Royce)"....LoL See you all in "The Nags Head" for the SAV party .... soooon !!

Perhaps they are going to use a couple of small tankers (Sheba & Sapphire1) for a lift every week and run them as a shuttle between FP and Lagos..... just speculating.

Small oil / liquids tanker .... Arrived: Front Puffin 13/06/18 @ 17:10 UTC Departed: 14/06/18 @ 09:42 UTC Destination: Port Lagos, Nigeria

Together with today's RNS ... if @northvolt (Northvolt, Sweden) sign an offtake agreement with @SavannahRes it could be a marriage made in heaven.

http://www.mining.com/northvolt-begins-building-europes-largest-lithium-ion-battery-plant/ David, Please sign them up for an offtake agreement .... A.S.A.P.

Should be interesting. MM's trying to trick auto sells (stop losses) by going under 13p... but they won't sell you a carrot at 13p ask. Some day traders sell on no RNS's re progress in the morning ... then speculate by buying in late for an early RNS tomorrow.