Member Info for Phoebus

Thanks Michael. I've asked the poster to verify.

Which board was that? Note that the word Barbados was used in today's RNS in of one of the ECO subsidiaries names. I think maybe someone just got their wires crossed.

Increased from sweet FA to a paltry 6.8 MMBOE. Market cap at �32M means already nearly �5 per barrel equivalent. Not exactly cheap.

I reckon they'll go for RBD's Colter drill. Big P50 appraisal drill with super high COS and right next to gigantic Wytch Farm oil field in Dorset. Spuds 2018 Q2.

An excellent deal for shareholders.

'...as we enter a year in which we are expecting significant activity on our Blocks as well as potential growth in the region.' NICE!

reported as sells the last hour. Sneaky.

BOIL tiny market cap huge cash pile. FRR massive market cap tiny pile of cash. Sell FRR, buy BOIL.

And 20,592 trade is a delayed buy from 10:06.

a delayed buy from 09:03.

Exactly. I'm expecting a broadening of play types compared with the previous CPR and commensurate uplift in prospective resources. We should also see an increase in COS given the report will be based on 3D and with the results from Exxon.

delayed buy from 09:28.

I think it's due for September 2018 spud. COS is 30%. JOG's North Sea verbier well drilled in 2017 was 29% COS and shares hit around 120p per BOE net recoverable before result. A similar valuation here would easily propel this over 1p in run up to drilling. The tiny market cap and lack of liquidity will act as accelerant.

Given the size and risk factor of the drill target, I expect BOIL will be over 1p before drilling starts at Wick and if successful BOIL should hit 3-4p. With SP almost 100% backed by cash this is an opportunity with huge upside and very little risk. GLA

Bingo!

announced participation in a UK based 250 MMBOE well this year with SP sat at cash per share and market cap under �5M, this has to be one of the most obvious no brainers in a long time. Back up the truck if the liquidity will let you. GLA

You'd be brave to sell any as the Guyana block will generate huge interest as drilling approaches. Stay in or get egg on face IMO. Enterprise value is still only around �30M assuming Total exercise farm in option. Peanuts.

I thought you'd borrowed it to work out your percentages. Try the instruction manual. ;)

It's not news. It's a �250 spoof. There is NO operational news.

I'm afraid it just looks like a desperate attempt to spoof the SP higher. I'm not buying it. Where's the operational update?