Member Info for reggie72

they already had a decent cash position so this will boost it further for new deals. They also have $3.6m cash in escrow! AND NO DEBT unlike most of its peers

No the licnese should gain some momentum after a long delay the deal has been agreed. Union Oil pay $100m for the first well and cost carry Boil's share. P50 2.2bn barrels

are fully cost carried for the first well at $100m, net $20m to boil. P50 2.2bn barrels, read the cpr

yep big step forward. They pay for Boil's share in a $100m well!

lets hope so! real news needed and soon

Directos buying some good size

poor rise on great news. holding this one - gla

reflective gain should be 62% for Polo

27.8% stake- we are talking huge numbers here and that is why the chinese are in! dyor

nearly up +250%

it was our CEO that done the deals also

for those who don't know POLO have a big stake in GCM and the deal is on!

these should be 10p+

game changer, deal on - GCM +200% already!

think this will be on the radar when they make an acquisition - cash in place to do it

MSMN up over 300% yesterday on deal to acquire production cost sub $1m. Boil have more cash than this so fingers crossed! some good deals out there

muted reaction so far but BOIL have the cash to acquire some decent assets and it seems the contacts also going on this rns. Also unlike many the company carries NO debt!

New venture sounds interesting. Good CV there!

it's all in the rns's. eu have put in £m's, bp only had an option but pulled during the commodity crash so hardly surprising they didn't exercise and this was BEFORE the drilling success under Boil, so derisked now i think given time the big boys will take the project forward and Boil's WI will be worth a bit

BOIL has no debt and cash in bank for new deals. Major asset offshore funded through drilling also via farmout