Member Info for LGO-fan

sounds like a ridiculously long time

From the latest RNS: "The Saffron well was originally proposed to be drilled to 4,600 feet (measured depth"

cornerstone ;-)

*look

Totally agree. I hate it when we pay contractors in shares. They have bills to pay too and will always sell the shares sooner than later.

Agree with all that has been said re the RNS. It is very encouraging, indeed. Great time to buy if you have the spare funds, I believe.

I also believe that LK is sensitive to our desire for information, and he will have done everything is his power to inform us as quickly as possible, and give us as much information possible. Hence the RNS this morning. The next phase of waiting won't be particularly easier (certainly not for the daily posters :-) ) but we can now wait with a more peaceful mind, knowing that things like really good with the start of the SWP project.

https://www.energyvoice.com/oilandgas/americas/216215/apache-and-total-celebrate-significant-oil-discovery-off-suriname/

Expect more and more of these discoveries in the near future.

could very well be, Peter.

well, if it pretty much took 45 days for the 2 shallower targets, than logically we could expect it to take a similar time for the LC. For that reason I am have been assuming end Jan (ish) for an RNS update. Just a guess, of course. (And wouldn't mind if we had an update in the next 5 minutes. Would be quite funny)

I can also add my rumour flying around: a dude with a beard, pulled by reindeer has been spotted flying around! Must be true if it’s a rumour.

Nobody knows outside BoD of the 2 companies (until proven otherwise).

Good read re the Guyana-Suriname sedimentary basin

http://opportunities.staatsolie.com/geology-of-the-guyana-suriname-basin/

https://blogs.iadb.org/caribbean-dev-trends/en/suriname-an-undiscovered-oil-resource-in-the-caribbean/

https://seekingalpha.com/article/4240592-guyana-suriname-basin-emerging-petroleum-province

Geeky reading but interesting

https://www.hl.co.uk/news/2020/1/6/how-could-iran-war-affect-oil-prices?cid=halDM101415&bid=391774337&e_cti=6920740&e_ct=T&utm_source=AdobeCampaign&utm_medium=email&utm_campaign=EONRM_Daily%20Newsroom_Opt%20in_06.01.20&theSource=EONRM&Override=1

Hey guys, none of my business but hate to see 2 good posters fight each other ...we have trolls for that :-)....
Think it is just a misunderstanding (my real name is Kofi Annan)

last RNS was on the 12th Dec. Not that long ago, considering Xmas and NY in between.

Chill and wait.

you replying to my PQE joke , lol, what are the odds :-)

There are still certainties in life ??

they’d better suspend that one too...hadn’t followed it for a while....0.16!?

agreed

Totally agree!!

Not sure I buy in to this leaky ship assumption. Doesn’t sound like Paolo to me.

What it does show, is how relatively small volumes have grown the sp rapidly. Lots of shares in sticky hands.

Hopefully start of a sustained rise

For me 0.35 is peanuts. Don’t get me wrong, it would be a great profit from 0.05 but I think this company will be a totally different place 12 months from now.
They will have drilled 10-12 wells by then, am may be producing 500bopd (or getting close to that)
Just look at mcaps for companies with that level of production. That 2.5p target might just come back with a vengeance!

https://www.geoexpro.com/articles/2016/10/suriname-new-technology-unlocks-hydrocarbon-potential