Member Info for nlmbidc

Boil are likely to take the cash back plus 8 percent unless something has changed in the last five weeks since the AGM. I would imagine there will be a 07:00 RNS tomorrow if that is the case. No RNS tomorrow and I would guess the loan will be converted to 15% interest, but that could take some months to materialise. BOIL have until March next year to make a final decision.

Stick with it chaba. We are in for a good few weeks assuming the Z34 farm-out is finally completed this month and the island magee money returned. Hopefully UOG will take over the $3.6 million in escrow for Z34. If that all happens we will be in a much stronger position cash wise and SP.

Rns issued regarding Island magee funding.

Good to see the new CEO buying shares in the open market. MB demonstrated his geologist background when presenting the companies portfolio. XX1, Z34 were covered. We will likely need a deal with Karoon to progress Z34 in 2H 2017.

Malcolm Butler moving into the CEO role. Malcolm is a very experienced geologist. This is a very good move for BOIL.

Anyone going to the agm on Monday 27th?

Really surprised to be honest Jellum. Both the RNS at the start of drilling and the more detailed information that you published a week or so back mentioned the Carboniferous Sandstone layer. The drilled to the expected 2000 metres so it looks like they called it wrong.

I wonder why that is? I would be buying more myself at these prices if I had the funds with news due very soon.

Lots of buyers as well. I wont be selling so close to results. Keep your eye on the carboniferous sandstone layer.

No

Why were you expecting an interim RNS? I don't think we will get an update until the end of the drilling.

Orangepips At least one of the candidates was a big economist on Wall street which puts him way above most European leaders. Look up PPK.

Not this calendar year for z34 according to the year end report published yesterday.

On 27th June? I will most likely be going.

With the final run-off for the Peruvian President on Sunday 5th June the Z34 money from UOG could come soon. $2 million - less 30% tax. Also $3.6 million in Z34 which UOG will presumably take over. OPEC statement following their meeting in Vienna yesterday suggested $65 dollar oil in the coming months. That could make Z34 much more attractive.

Lots to look forward to. Could get updates on both assets in Northern Ireland by end of June or early July. Very promising period.

RNS out covering the end of year report.

Yes I can see a nice steady rise from now until the end of June when WF1 drilling should be completed.

I don't think so bountykid. However the end of year results will be published soon. Results date is 17th June, but last year were a couple of weeks earlier. So watch this space from early next week. It should cover a forward looking view of all current activities.

Alligin, What is the value of the company? Any guesses?