Member Info for MrMarketMaker

https://www.lse.co.uk/blogs/expert/oil-price-predator-rockhopperunited-amerisur-and-finally-2.html

They will really get desperate very very soon

Big time - watch

Jan
1)equipment tested
2)co2 injection proposal
3)Trinidad operations start
4)Rig booked for Morocco

Feb
1) Trinidad early results
2)farm in Morocco ?

March
1) monthly update with production figures
2)spud Morocco

April
1)production figures
2)Morocco result

Thats without our 2 Irish assets (still waiting on Successor Authorisation for Corrib , a frontier license + seismic data results for Ram Head and we could hear about a farm in as we have several NDA with big players (MAJORS imo) .

Plus we should hear something about the confidentiality agreement with another operator of a mature oil field in Trinidad (an important step forward)

They need shares and are paying over bid.

Looking strong

DYOR

Now click on the 6 month chart - what do you see ?!

https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:cup_with_handle_continuation

The clever bulls are buying ...

https://www.proactiveinvestors.com/companies/news/68900/vermilion-to-take-marathon-oils-stake-in-shell-operated-corrib-field-offshore-ireland-for-up-to-us400million-1744.html

Do yourself a favour and sell first thing Monday morning

Anyone who has done the slightest bit of research knows this .

Havnt got time for this - enjoy the weekend

We own 50% - call it 25% after farm in .

That would be £183m to PRD (if Discovery and same size as Coribb - which management have said it could be).

What’s a fair value P/E for an oiler and what would our mkt cap be on ??

Do math - I have

16th Aug rns02 Jan 2020 21:05
Ireland too could potentially offer some exciting medium-term M and A opportunities as security of energy supply becomes potentially of even greater significance if Brexit is successfully completed."

DYOR

SOU went from £50m - £500 on their discovery - that’s just under £5 for PRD and that’s JUST Morocco.

Think about it

3.493 BCF + 15.62m barrels of oil (best case)

Best case scenario- we will own more than half of the above - value that Flyboy lol

I think this share could get to £5-£10 easily if things go to plan ,obviously it depends on how we finance things but I’ve been in usop at 17p - went to £7 if I remember correctly and Rkh 30o - £5 , so it can be done especially when your elephant hunting with only 105m shares .

Don’t dismiss it because it can be done

The T line 8dma is acting as support and hopefully we will bounce off it tomorrow

To date, the Barbados National Oil Company has produced in excess of 10 million barrels of oil and 22.8 billion cubic feet of associated gas from its onshore Woodbourne oil field.”

We applied to do co2 EOR at the Woodbourne oil field

That other Country Paul was talking about is Barbados imho,