Member Info for Maverick7

Farm in - may or may not happen, could take months, if someone had approached them they wouldn't be going through this structured process 3d - need funds or farm in first, then this will take several months to carry it out, process the date and interpret it Best driver of share price will be 3rd party drilling in and around Walvis Basin Nambia in the next 6 months or so - anyone striking oil will then move the share price here significantly

Another strong draw of -5M, at this weekly rate of decline there won�t be any oil reserves left, should be a better day tomorrow. IEA data to come

Most oil shares down today, nothing SQZ specific. Nothing to worry about. Oil down a few % gives the market an excuse to mark shares down

Total 120 days due soon regarding farming into Guyana, they must want more % than they initially discussed, we have 40% interest with TLW the rest. 3d results first or Farm in confirmation. Surely since September there's got to be greater interest from other super majors

ECO need to drill sooner rather than later to take advantage of the current market conditions of strong poo, low cost rig rates and majors looking to farm in. We have seen Africa oil buy up 29% of ECO, I wouldn�t be surprised if a super major just gobbles us up based on Guyana alone, replacing depleted reserves is getting harder as the years pass by

Mbev - revenue on 30,000 barrels/ day is $366,000,000 approx per year NOT $79m, based on $70 oil

Some massive trades going through listed as buys and sells, buys got to be institutions, can�t believe we have had no holdings RNS!!!!

Share price should be at least double where we are based on Guyana being a proven basin and oil sat around $70. Best time is now to accumulate whilst it's quiet

Would love that to happen, but this always spikes and then comes down, the RNS suggests they will be taking their time with 3d & farm out

XON are fast tracking discovery to oil production in Guyana, start up in 2018: ExxonMobil makes sixth oil discovery in Guyana. ExxonMobil (NYSE: XOM) has fast-tracked development of its huge oil discovery off the coast of Guyana, and it continues to find new oil reserves there. This week, Exxon said it made a sixth oil discovery in the Stabroek block, boosting recoverable reserves to an estimated 3.2 billion less barrels of oil equivalent. Production is expected to begin in 2020, with initial output at 100,000 to 120,000 bpd.

Confirmed , US waives sanctions for 90 days

BP/ PMO update on Raven - looks like plug & abandoned, no further details though on what was found?

Only - I would class Total as a super major, not sure Africa oil are in the same leagu

Total released their final year results on 9th February last year, so we could here news from them either in that news release or a separate one ahead of the final year results, either way not long to find out if they are going to farm in which should have a material impact to ECO. With all the success that XON have had I�m expecting a positive reaction

I think when the deal was announced that oil was at around $60 and now it's around $69 & Gas has gone up as well. That's got to make a material difference to the monthly revenue ��� on 21k boe/ day

TLW will be providing an operational update on Wednesday 10th January. We should see some news on Guyana and Tullows Namibia acreage.

Just imagine if they drill with partners in both Namibia and Guyana

Early Bird - any confirmation of drilling either in Namibia or Guyana you can kiss goodbye to ever having to work again - no brained at these levels and low free float of shares available

Guys we have a subtle deramper on here, he should have been buying in the teens and twenties, obviously missed the x4 increase in share price. Everyone knows the cash build here is growing daily by a massive amount, we could easily have farm outs in Ireland where there is growing interest, lots happening with Namibia and Rawallen not far away. Morocco we only had 5% and that we exited that about 2 years ago. The BOD have already hinted that further acquisitions might happen, what else are we going to do with all that cash. Can't believe some of the rubish people post - to say that Rawallen could be a duster - has he invested in an oil and gas stock before?

Lots of people saying on here and other bulletin boards that their particular shares offer the best value. The ones who have benefited the most were those loading up in the teens, twenties and pre teens. I had done so as well as it was a no brainer then, just had to wait for the stonking RNS. Sold quite a few over last few weeks because there are other shares where the rewards short to medium term are greater than here (ECO, CHAR, PVR, MATD, CLFN etc.. I could go on). I still retain over 150k in here where the risk may not be as great as in the others I listed but the rewards are greater elsewhere at the moment. There�s lots happening in the junior oil market this year and most should do well where there is news flow, drilling, farm out etc.. expected in 2018. It�s all about sentiment and that�s good at the moment. We should see steady increases here unless SQZ suddenly come out with another acquisition or Namibia is green lighted which is why I still have a big position. I do see potentially bigger share appreciation elsewhere at the moment though, SQZ tends to make step wise increases and I expect this to be the case when the interims and final results are released later this year or some of the other companies strike oil in Namibia