Member Info for Maverick7

As well as the full year 2018 financials, the forward guidance for 2019 will be great to see. Cash position, Rhum3, BKR and Erskine projections and the confirmation and progress of these will be in the September 2019 update

current share price gives normal PIs and other institutions to pick up the shares at the same price as the funding. Golden opportunity for them.

JH - and that why Mongolia is setting up its own refinery and they will also be pushing the Chinese to co operate - it’s in both their interests.

breaking 270p will be key i think. Also we would need to hit the black gold in Guyana or get a very good farm out deal there. If we do then this will just go way higher than £3. Let's not put a specific figure as Drone will start calling us rampers and get upset, lol !!
The point i was making to Drone which he simply doesn't get was that sub £2 was a no brainer.

Any trade deal between these two countries should ignite oil stocks particularly the producers. Looking good so far for TLW.

Lol Drone. You really are funny. Lost money - everyone that’s invests or trades shares has lost money in the past. The point is to get more winners than losers. Most on this board have now made pretty decent profits on TLW. You haven’t though - have you.
Looking forward to the dividend and further capital appreciation.

ECO retraces around 21-30% from each high and then moves much higher I.e. doubles from the higher share price

38p to 30p = approx 21%
55p to 38p = approx 30%
98p to 77p = approx 21%

Next move to approx 150p?

We have seen a strong rise in share price in previous months followed by a pull bag, consolidation and then a further big increase. No difference this time. Plenty of news to come.

usually its people that have lost money based on previous investments, they feel a need to blame someone, in this case the company. They only live in the past and cant see past any future fundamentals or when the market conditions change.
This was a strong buy a few months ago and anyone would have made at least 30% plus, its still a good buy.

3 wells coming up by Exxon - long-tail, yellow tail and Hammerhead appraisal all before ECO et al start spinning the drill head

Sasa - opening shorts is a risky game with the likes of SQZ. However, the shorter has obviously calculated there was going to be a quiet period which they have taken advantage of. Also lots of derisking by some due to Brexit games.
However, lead up to results should hopefully result in the trend being reversed. Shorts were closed by 15% the other day

which news Wallact, do you mean if they strike black gold? I was planning on doing the same with part of my holding. I already hold TLW now

I would say that the key word is "transformational".

Short term range bound, medium term share price should tick up to drill time, long term the presence of oil as ever will be key

It’s priced in because Gil mentioned it a few days ago. Can’t see much happening until Exxon restarts drilling in a few weeks, Hammerhead appraisal by Exxon should move the share price if successful.
Until then the share price will be range bound I suspect

Love you - depends what oil shares you have been invested in or traded. There are plenty that have made 500% gains in the last 12 months. Pick wisely.

Drone - TLW has gone up 30% + since you showed up spouting your nonsense. 30% in quick time. Still plenty of time until 1st August

Title of the article states sellers reduced their shorts but 15%, question is why?

Either news due soon in April or another acquisition coming

Yes it’s looks like Nickelodeon is working for someone with a short interest. See below

https://enbulletin.com/2019/03/27/serica-energy-plc-ordinary-shares-uk-otcmktssqzzf-sellers-reduced-their-shorts-by-15-52-2/
It was registered a decrease on SERICA ENERGY PLC ORDINARY SHARES UK (OTCMKTS:SQZZF)’s short interest with 15.52%. In March was published SQZZF’s total 19,600 short interest by FINRA. The 23,200 previous shares are down with 15.52%. Previous SQZZF’s position will need 5 days to recover. It has 4,100 average volume.

$0.671 was the last price.It’s since March 27, 2018 and is 0.00% down. SQZZF underperformed by 4.37% the S&P 500.

Serica Energy plc engages in the identification, acquisition, exploration, and exploitation of gas and oil reserves.The firm is valued at $440.08 million. The firm holds exploration, development, and production assets in the United Kingdom, as well as exploration interests in the Atlantic margins offshore Ireland and Namibia; and an 18% non-operated interest in the Erskine field in the Central North Sea.Last it reported negative earnings.

There’s a substantial Serica Energy plc (OTCMKTS:SQZZF) news released by Seekingalpha.com. It’s an item titled: “Serica Energy – Upside Potential Driven By Acquisitions – Seeking Alpha” on October 03, 2018.

What if we don’t get a summer this year

Yes, the dreaded word of “Brexit”. Someone had to raise it!! It’s causing uncertainty in wider market including stocks and some would have derisked. Brexit probably has no direct impact on ECO, but it affects investor sentiment.

We saw it with Scottish referendum and now seeing it again. Anyway it does produce a limited window to top up or invest if one has not done so yet