Member Info for Maverick7

Positives - QP farm in, Majors and IOC all over Orinduik, Advisors hired by Gill, Share price been rising, Exploration now extended until November, HH2 & HH3 additional seismic, Exxon keeping quiet

Negatives - TLW with 60% keeps going down, some big sells

Have I missed anything

Maybe Gill has hired those advisors to protect against a low ball offer if the drill result is not a commercial discovery. The shares will be down and either TOT or QP and others will make an opportunistic low ball bid. That does somewhat offer some downside risk management though?

Equally why would QP farm in at this late stage

radio silence from ECO at the moment, no tweets, nothing on the website, Gill has been abducted by Aliens

also Total don't have to release farm out deals to the market via an RNS. The details will appear or hidden away in the quarterly or annual accounts. These super majors do these types of deals all the time.

why would QP farm into TOT share of Orinduik at this very late stage. Drill bit started over 3 weeks ago and they should already be in the first target.
If you were going to farm in (we don't know what they paid) but you would want to know some "insider" information. Why not just wait until results are known for the first well - or are they known just not publicly

i think the market makers are trying to bore shareholders out of their stock holdings. You would think nothing is going on. If they have found oil, Total or QPT wont be happy with 15% and 10% respectively and they will take out ECO and TLW i would expect

share price action doesn't suggest any oil strike yet. Tight ship, no leaks.

Do we know if news would be released on TSX or AIM first?

That’s a big “if”. Suspect it would be higher

so i see TLW are down quite a bit since their update this week, reaction to delays in Ghana/ Uganda or other?

Like I said before, tumbleweed over the summer holiday, wait until September to buy in for next update and if there are any further acquisitions, they won’t happen until Q4

First star to the right and straight on until the morning

what's the significance of TSX shares being able to be transferred to AIM by Mid August? Also any coincidence with this timescales with Jethro results?

Sorry forgot link !!!

https://edge.media-server.com/mmc/p/otx94sdj

3 min 45 sec in from today’s analyst presentation. Paul McDade says “we are not just yet in the exciting part of the reservoir but we will be soon”

Wallact - wrt Exxon, I agree. The last thing XON want to do I is say they have found the motherload (again) but this time the deeper targets have come in and they are equally massive. The is a big question mark on the awarding of their blocks.

I think Shpuken is referring to TLW production guidance in Ghana and Uganda farm in timescales

Can't see them selling Ghana - it's a cash cow. They said they would now consider selling Uganda. Joke of a government, found tonnes of oil way before Kenya (several years), but Kenya will be producing years before Uganda

There will be a conference call with analysts later and most of the questions will be regarding jethro love well. So will TLW give an update?

Nearly 4m buys v 1m sells for TLW today