Member Info for Maverick7

Great article Zebbo, hopefully no RNS next week, not sure if I prefer RNS before or after OPEC meeting, but having ECO is a no brainer short, medium and long term

If I recall correctly the share price at the time was driven higher by an interim RNS highlighting oil shows during drilling

Still being shorted by AQR Capital Management 0.79%. Must be pricing in next AMP5 period and increase investments and costs and competition

Buy back at 130p next Friday

Hi reckon we will see a sell off in all oil producers next week and then dependant on ROPEC news on Friday, there will be a further sell off Monday and Tuesday week beg 25th June and then it’s time to pile in at whatever the share price will be. ROPEC got no choice but to increase production slowly, market knows this but they will take the p@ss and mark all shares down. We are coming into results and operational updates this quarter so expecting the likes of PMO, ENQ, TLW all to go up after ROPEC news

2 massive buys of £80k plus and share price hardly moves

They've been saying that for 12 months, if there was a farm in, why are they constantly diluting shareholders

Dollars and pounds bud

Lol did someone say that a while ago. I'm still laughing. If this was the best share on AIM why do the directors have to raise money at significant discounts to current share price - disgraceful. Having said that, the last time they raised money at hefty discount the share price rose 100%. Same again this time, but tops will be around 22p. Will it get there prior to spud - hopefully. The RNS does suggest plenty of news to come.

Reckon oil share prices already have ROPEC production increase prices in

Lol, you and I hope but I doubt it

In theory good bullish numbers from EIA for oil stocks but we have an explosive ROPEC meeting next week, very few will be taking any major positions in oil stocks ahead of that meeting. Not sure if there will be a sell off or just some sideways trading I’m expecting big draws to come over the summer. ROPEC would have to increase oil production just to keep oil where it is, otherwise it would be $150 plus

34p showing resistance, need to break through

Volatility b4 ROPEC meeting but interesting comments below Trump’s tweets drew lots of responses, including one from oil hedge fund founder Pierre Andurand, who expects prices will be above $150 a barrel in less than two years. “At current prices U.S. oil producers are still losing money. Adding to their $500bil of losses since 2007... so if all production growth is unprofitable what makes oil prices high?? Maybe they are actually way too low..."

I could easily sell 35,000 shares today, whereas last week I was struggling to do so

Share price slowly going up

From the Africa oil website On November 13, 2017 the Company announced that it has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd. ("Eco") (TSX VENTURE:EOG)(AIM:ECO) for exploration in West Africa and Guyana. Under the terms of an investment agreement (the "Investment Agreement"), AOC acquired 29.2 million common shares at CAD$0.48 per share for a total consideration of $11.1 million. The Investment Agreement also provides the Company with the right to participate in any future Eco equity issuances, on a pro rata basis, and to appoint one nominee to Eco's board of directors. Keith Hill, President and CEO of AOC, has joined the Eco board of directors as of November 29, 2017. As part of the Investment Agreement, the parties have also entered into a Strategic Alliance Agreement (the "SAA"), whereby they will jointly pursue new exploration projects. Pursuant to the terms of the SAA, AOC will be entitled to bid jointly on any new assets or ventures proposed to be acquired by Eco, on the same terms as ECO and for an interest at least equal to the Company's percentage holding of the common shares in Eco from time to time. Additionally, under the terms of the SAA, AOC will also have a right of first offer on the farmout of exploration properties currently held by Eco. The Company currently holds an 18.9% shareholding interest in Eco. Eco holds working interests in four exploration blocks offshore Namibia and one exploration block offshore Guyana.

There�s been very little news on our partnership with Africa oil, I�m hoping we hear more in the forthcoming final results later this month

My money is on a steep increase, happy

wow Ojay, how long have you been saying that, there's no way that this share price will reach 30p pre spud for drilling a set of prospects with no 3d. When was the last time a drill hit oil on 2d seismics - answers on a post card please. If it does, I wont be complaining as I will be very rich as will most on here. The share price reached the levels it did last year based on possible farm in, which sadly it doesn't look like we will get pre spud.