Member Info for oilboy2001

Must be due news soon. Surely.

Timelines often shift at PXEN.

I wish they set realistic timelines to start with.

Lordmakealot next news will be about sorting Viura-1ST3 water issue I expect.

Possibly Selva update.

Also quarterly production update end of Jan will show much increased revenues including TTF price increase and also new Viura revenues.

I don't think it is a sale but note that some large holders will need a liquidity event to exit such as news

Nonsense. It's clearly a transfer. Trades a few seconds apart for same quantity.

Great buying here

Huge buy just printed 725k

Or placing holders selling off first chance above 6p recently

There is a big buyer here. Obviously prepared to pay whatever it takes.

That #PXEN article by Swazers has glaring omissions.

Missing much key detail such as the recent Viura investment.

If he knew about the other half of the story and had done proper research then he would be even more bullish.

Yep they're buys

Progress in Italy is extremely slow. Others would have you believe the opposite. The first permits should've been due Q1 this year and and judging by the timelines in the latest presentation I think it is misleading to suggest the Selva permits will be here before Xmas.

Thought MR said he would consider offshore drills to a certain depth? I am guessing Teodorica is greater than permitted depth Stiffy?

Problem is that everything is delayed all the time. You just know the timelines in the latest presentation are going to be delayed again. Originally Selva permits expected Q1 this year. Granted change of strategy but they were delayed even before that. Now probably delayed until Q1/Q2 and drilling after that...?

Nobody interested in PXEN. SP just drifts lower and lower day by day.

Actually, from the RNS "has been financed entirely from production income". Suggesting Polish activity to data has been funded from production income. Not the future activity. Who knows then. I guess it depends on the TTF.

Team has experience in this region, the regulatory environment is conducive to business and it is to be funded by production income. MR has recently proved his acumen with the Viura deal. If he pulls another opportunity off like this then what's not to like. EU nations starting to wake up to the fact that they need energy security and should be exploiting their own resources. This makes sense IMO.

Frustrating this share. Good news and up only 4%. Always something dragging it down. Seems to be a big sell which has just printed.

Yes but the new wells would be drilling for hydrocarbons?

In the article it says "it is about the only hydrocarbon drilling activity carried out in Spain and probably the last."

What about El Romeral new wells?

£35.67k end of day trade. Think it might be a worked sell though?