Member Info for ocelot

Brent: $32.20.

and Brent up 6.44%

One could see AML a mile off, "steer clear" was signposted.

Can't see why it should tank.

Everybody is aware of Riverfort's outstanding balance.

The unexpected news is that part of this conversion is being made in cash, not shares.

Just goes to show that the internet is accessible almost anywhere these days.

10m + 4m around the close = 14m or approx 15% of today's volume - looks as if Riverfort have already made a start on selling their converted shares.

An effort by UKOG to reduce the additional number of shares issued.

So much for my post suggesting that Riverfort were pausing the conversion of their loan!

Qwerty,

If they are, then they will.

UKOG are progressing their applications, most recently, at Dunsfold.
They published the details of SS's 18/19 bonus on 31/03, after the collapse of the oil price and the introduction of coronavirus restrictions.
I may be wrong, but isn't UKOG manifesting an underlying confidence in oil flows at HH?

The decrease in shipments to Asia, the world’s biggest oil market, is likely to support premiums in the spot market for July-loading cargoes. It coincides with an improvement in demand as the Chinese economy revives from the coronavirus and consumption in India shows signs of recovering. (from Bloomberg)

Doesn't the road look green? Spring has sprung.

66.7m shares per advfn

None yet, another 6 days to submit any.

Tellurian's average buy-in price was 0.82p - don't think they're looking to make money from their shares, simply looking to cash their cheque.

Buy of 1 at 0.22p - someone's broken into their piggy bank.

· The Company continues to actively pursue growth and IS analysing
opportunities to make value-accretive additions to the portfolio that are
consistent with Genel's strategy

The use of the present tense, "is analysing opportunities", adds a sense of greater immediacy to this statement than usual.

Thank you for your response, wizard.

Given Tom Winnifrith's association with the "egg cup" of oil, I can remember being surprised at the time that a new poster to the board should cite an article published on his site.

Sorry, meant to say Backwoodsman.

wizard,

When Backwardsman first joined this board, he sought to draw attention to an article by a Peter Brailey for Tom Winnifrith's site.
At the time, a poster said that Peter Brailey was a former banned poster on this board, Pijoe.
Are you saying Backwardsman is Peter Brailey?

HATS,

Am important part of the payment was made in shares which, given the decline in the share price, has reduced the cost of the acquisition considerably.