Member Info for Mommur

there lies the rub. Had a similar experience with SQZ when BP backed away from the Namibia licence after but in. All came good in the end and am holding a reasonable amount on a free carry. Interesting times and I would surmise Total would be looking for reasonable sized prospects.

a pretty lacklustre response in the SP, to an informative Chairman's statement. Understandably their is still outstanding concern over the US Sanction / Wellhead scenario, but all the indications are that the BKR deal is progressing to completion.
No sell of by the major shareholders with sufficient cash until Q3 and beyond, with Erskine and BKR on line.
From a risk perspective, from my point of view its better than a drill CoS of 25%. Time will tell DYOR.

Another 10,000, sub 60p. Cautiously optimistic, roll on news.

Fair reflection sasa, with the added provisio that the BKR deal is in Bp's interest and is more than likely to go through - even if in a different guise. Perhaps a better word than "bet" - apt but it makes me queasy as accumulating !! Watching namibia this October along with a sporting "bet" on ECO, but also has connotations for SQZ Ditto re DYOR

as not a shareholder, but have been monitoring since 1.6p. As the company has intimated a fund raise via equity before the end of the year, it seems dangerous territory for Pi's??

but finally back above the 150p sp level. Perhaps DNO have finally made management see the light and they can see the golden goose flying.

peops different viewpoints. I can admit top slicing at 91p a significant amount, to balance my E & P portfolio (FPM & PMG) and a new holding in ECO. Since then I have re purchased at 70p and 60p back to my original investment. My view only, but this deal in whatever guise will go through, which should derisk my 60 & 70p tranches. Not happy with Donald, but just perhaps with EEC Steel, Iran Oil, N Korea Nuclear, he will get his wings plucked (or a similar word) GLA - Friday quiet time

awaiting developments. I note that Licence P1620 where we have a carry by ENI on Rowallon, straddles Licence P1803 immediately to the east, which is held by JX Nippon who also are part of the P1620 conglomerate. Now how does that play out if we get lucky? I seem to remember Columbus having a similar scenario at one stage.

Added another 30,000. From a risk perspective, I'm comfortable. I shake my head at CLNR !!

Just grumpy me..... I don't get rewards for doing my day job successfully

Hmmm. I always get a whiff of something malodourous when these rns land. Nil paid - perhaps if a personal purchase was equalled by the company as a reward at the current market price it wouldn't smell so much. Then again we need all the top of the range cars parked in the Aberdeen office shortly.

of it, we are in partnership with Parkmead for the Skerryvore Prospect (30/12c,13c,17h,18c). Not to sure on percentage, but expect an rns. Interesting.

DNO should do the trick !!! Of my three horses SQZ has come off the boil, but FPM and PMG have took up the reins. GLA

be interesting to see which licences we applied for today. Rhum R3 may be deferred but we have other gears now. All the interest in Namibia picking up so you never know - we may pull a rabbit!

I guess I spoke to soon with my rose tinted glasses!! The good news is that the deal is going ahead and stops that rumour mill. Deferral of R3 suggests companies are applying caution re sanctions now, not in 3 months. GLA.

I'm sure the market will be relieved if BP confirmed a Drill Rig onsite in the next week or so. It would certainly imply that preparatory works is continuing with regard to the third well. Being already drilled, re entry will remove environmental barriers along with tree testing , then allowing a final phase of hook up by a Diving Support Vessel to commission the well. From what we know this has been planned to happen during this summer window prior to SQZ taking over. Quietly confident we will get news shortly.

I now need 262 like minded peops to hold the same amount of shares - is it to much to ask!!!!!!!!!!!

Just bought another 50,000 sub 70p - my thoughts

from coming to market. Always like to see a bit of prolonged selling from initial holders, but not happened here. I'm not invested as of yet, so time will tell. GL - its a lonely board.

Similar to Shadow, I have bought tranches along the cycle as well as a core holding. it would behove me to let them go below 200p but we may not have any option. I suspect FPM management will want an accruing share price now DNO are in a position to chance their arm and 150p is finally on the cards. Either way, I don't see much downside at present. GLA