Member Info for oilriches

Looks solid here with people quietly accumulating.

Trade drops the sp. laughable

Coming in today.....looks positive

Mike. Will stick to my strategy. Done the same in RMP before Alaska drill and loaded up at 1p when nobody wanted them and sol between 4p and 5p. Deltic are in a much better position

Mike. Keeping my average as low as possible....0.85 is limit to cash levels

Is way to cheap here but we will have to wait for a rerate. Deltic is in a privileged position of having plenty of cash, no debt and low cash burn. Key factor for big rise is firm drilling commitment by shell. Not many aim companies will be drilling a high profile well next year.

Sorry

If it helps I have a 5m buy order at 0.85

Are all buys but showing as sells

This is looking good to move to 1p levels shortly

Yes and he explains the process with the well decision

From 24min on the Q&A https://total-market-solutions.com/2019/07/25/cluff-natural-resources/

Interpretation of this data is supporting previous interpretations made on the legacy 2D datasets and Shell, the Operator, is committing significant resources within a highly structured work program to ensure that project timelines agreed with the OGA at the time of the farm-in are met. We expect the contingent well commitment to become a firm well commitment on 1st December 2020 following which preparations for drilling at Pensacola in H2 2021 will begin in earnest.

Ltdaxis. After an exchange of emails with the company, I really think they have the correct strategy to enable a potential of big big upside. I see this really kicking off on the firm commitment of shell drilling. At the moment it’s a paradise to accumulate cheap shares. In a very worse case scenario that shell walk away the current cap is cash underpinned.....personally I think shell are pressing on here

Stop ramping mike lol

https://twitter.com/stockbible/status/1302547065461977089?s=21

Mike. Do u have the link to the farmout terms?

Why did we lose the block in the first place? I assume couldn’t farmout?

Hopefully take another 10m next week and hold. Has its risks but potential upside is massive.

I took around 6.3m shares Friday and will continue to buy on weakness