Member Info for Oily1990

Drilling started on 16/12 with the spud of a new production well targeting the shallow Jeribe reservoir in the Tawke field, part of an 8 well programme.

Production update due imminently - we should be seeing details of DNO’s drive to get to over 100k Bopd. They have also built quite the war chest, so an approach for Genl is possible. Oman update also on the way. Lots of news flow that should give the SP a bit of a boost in the NY. It seems to be quietly edging higher.

Get the feeling some big buys are filling - shares are wanted

Some order filling going on, we were above 9p early doors so padding out buys mid 8’s

6.5m in volume 2 buys to every 1 sell 8.9p to buy - double digits in my opinion should happen today. Let’s see how the 6hrs 45mins plays out

Will tick up……the size of buys at 9p its clear there is a buyer, so Qube or some retail players that know we have a floor

9p before 9am

Wonder who’s coming in hard and fast on these right now 3 x 200k buys and a 565k buy - bid is 8.79 and offer 8.87. Volume 2.8m and it’s only 42mins into trading

Breaking out it looks like

I do expect double digits and higher highs coming

Floor is in……this should rise nicely as we should get details of a farmout in the NY……..I’ve been adding and certainly feel a 60% bounce from here is inevitable

Squeezing it higher……gonna be a solid bounce

Back filling the gaps higher……10.5p upto 17p

@Sam so why the new account……get barred from the other one?

@Sam you have been a member for 4 days on this account suggest you perhaps learn a little more before posting

Load up around here

Not sure at 10, but think 9.5/9.6……..there’s some big orders being rotated

Bottom in I think - some very large orders filled this morning

Well I have the gap all the way upto circa 17p

Should be interesting to see how this bounces and fills the gaps back upto 17p - today we should see a blue candle, how big will depend on volume, however I have a feeling we are going to see a nice gap upwards