Member Info for Loz786

CPR upgrades offshore Jamaica prospect to 229million barrels on Tullow Oil-operated licence

Highlights

· High impact licence further upgraded by CPR based on new 2018 3D seismic data

· 229 MMstb of Gross Unrisked Mean Oil Prospective Resources has been assigned by ERCE to the high-grade undrilled Colibri prospect on the Tullow Oil-operated Walton-Morant licence, offshore Jamaica - an increase of 10 MMstb gross compared to previous estimates

· The CPR assesses just one of a number of other structures the Company has identified in the licence

· The increase in Gross Unrisked Mean Prospective Resources provides encouragement as progress is made towards a joint farm-down process

Should expect survey commencement news and would expect that this quarter? otherwise, the drilling of Q3 will go into Q4 but not sure with the selling tbh.

Yes, expected Jamaica news before Colter.

Snpc are obliging, so all good on that front!
All positives and no negatives!!

Wee tipsy indeed :-)

Personally, I'm going with early March but saying that it could easily come next week.
No one knows but buying the dips and holding for two months should give a nice return imo.

Gla

Brought some and average is 5p, so can't complain with that.
Should be nice end to this quarter imo

GLA.

Silly prices here.
I could never get people not willing to buy and hold but happily chase a stock which has gone up many %.
Expect this to be sitting mid teens come April.

On schedule, how often do you get that in exploration.

Exciting few weeks!

Try moneyam...not used it myself but have heard good stuff plus free ..

Thanks for sharing!

I thought Pip was a 30 day drill? Then moving the drill to Verbier and then the fun can commence.
I was expecting to drill mid April but most likely now end of March, barring any mishaps.

Finally, patience will now pay off as it turned out to be a longer hold then I initially anticipated!

Gla

Ajax - there's more of a chance of her trading you for a younger model lol (kidding)

Hopefully, Jamaica news before Colter.

Great news!
Wait till April and we will be comfortable sitting mid teens.

Thanks Mayana, only got a modest holding and will be looking to add in the near future...

What price you thinking pre spud? Say in 6 months time realistically? I'll take 7p.

Buy on dips and come back in 2 months and we should be sitting 2.50 imo

I always thought had mid to late April but of course it could be sooner.

Carping - I have to say when it comes to Comms, Srsp has been one of the worst.
Personally, I am expecting the drill in Q2, let's see...