Member Info for Maverick7

Kong - we had an operations update on the 10th January earlier this year and then one in April

I agree Steven, an extra 7,000 barrels production if we can get it and we�re all rich

We really need another asset or two, can�t rely on Erskine production as it�s too much risk, we see what happens when there�s a month or twos outage. Also there will be predators out there who will have their eyes on a cash rich company. This rally is pretty much POO driven.

Significant share prices movement will only happen once confirmation has come post 30th November that OPEC are extending cuts and anything else they agree on. That�s when we will see another step change in positive sentiment

Looks like the Saudis, Russians and other OPEC members have been making more positive noises today about doing more. Will they come up with more than just extending the current output cuts. Could send oil to $70 - $75. No brainer here.

if SQZ acquired an asset producing 7,000 boe/ day added to existing production at Erskine that would be 10,000 x 365 x $60 = $219,000,000 annual revenue at current POO prices then there's Colombus, Namibia, Rowallan and some other potential farm in's the mind boggles where the share price could be after all that, at some point the market will turn and price it in and more, patience is all that is required

Oil rigs in US down despite oil going up, you would think that shale oil would be scrambling like mad to add oil rigs?? Maybe they have got the message of producing too much, is their any KSA influence here, shale oil producers colluding - is this the new free market economics Any way, good for OIL and more importantly SQZ and other junior oil companies, post OPEC meeting should be a raging bull market in oil

SQZ slowly ticking up, as if the market knows news is coming soon

looks like TLW exiting Mauritania, so hopefully concentrating on Namibia and Guyana

There is increasing interest by the majors and mid tier oil companies to drill in Namibia, ECO have just announced potential near term drilling on their Cooper prospect in Walvis basin. SQZ have fully processed 3d and drill ready prospects in central areas, i just hope BP would commit to a drilling programme or let SQZ find someone else that are more committal Exciting if it's does happen in 2018

Now above - API results out later in evening

The last RNS stated they were looking at a number of options so it could be more than one acquisition hence requirement for part dilution

how can we possibly go down when POO has strengthened by more than 20% and still going up and a lot of shorts closing elsewhere unless : Issues at Lomond - BOD need to inform the market asap if this is the case - they have previous history of not doing so promptly Dilution coming which explains the tight trading range Fed up investors looking for short term trading opportunities elsewhere

Thanks to Achtar on the TLW board, Goldman Sachs also indicate that oil producing companies should catch up with the POO http://uk.businessinsider.com/goldman-sachs-oil-price-stocks-should-catch-up-soon-2017-10

To make an acquisition with all that cash, if we don�t we will have activist funds buying in to get there hands on our cash Oil going up OPEC to extend cuts throughout 2018 After the OPEC meeting companies may be reluctant to sell any assets unless they need to pay off debt The fact that there hasn�t been any recent sniff of any acquisition news may mean no deals imminent? Maybe we should merge with another junior like JOG, we have some producing assets, near term production with Columbus, some exploratory drilling in 2018 and JOG have a big find in the UK

That we Don't? POO up to $59, yet we hardly move. Is everyone (Mr Market) waiting on the outcome of the OPEC meeting in late November?

Certainly is Northern - frustrating, investment in junior oil companies seem to be back in vogue, only recently HUR, JOG, VOG have all pretty recently raised new funds

In my opinion: POO up by 20% but no material impact on SQZ share price Tight trading range We have cash but they don�t want to use it all up hence requirement for further funds, question is what are they buying.

Oil has gone up nearly 20% and still going up, yet SQZ not reacting???? Got to sooner or later

On the Slyne basin as follows: Serica has commissioned a study to investigate the quality of oil that could be expected in the Boyne prospect and results are due in October. Serica is seeking to identify a farm-in partner to drill the Boyne oil prospect and take advantage of low drilling and development costs.� In the event of a commercial discovery, a swift development could be implemented to achieve an early first oil date. Delivery of the P50 prospective resource estimate of 115 million barrels of oil would result in an attractive economic development at current oil prices.