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Another ouch!

Markets in free fall again.....

Profit still coming in from existing production. I’d be more worried about some of the other O&G plays that currently produce zilch!!!

Just some positive news on Azer or Congo to restore some confidence. I have used this opportunity to purchase more and further reduce the average. Do what you will - not really bothered :-))

Ouch ... bad day for the markets.

FTSE down 3.5%
DOW down 4.4%

POO hammered ,.... not good :-[

Need to pull the rabbit out of the hat pretty sharpish ..

Time for talk and wishful RNSs is over .... it’s time to close the deals and get drilling ....

Unfortunately not surprising as we need more than ‘we wish’ and ‘we hope’ ..... we need confirmed news ...... Azer update would come in handy as that’s currently the fastest route to increased production and money in the bank .....

On another note what happened to the appointment of Advisor for Development in Africa? Wasn’t this role due to commence during February??? Dyor

I wouldn’t worry about that ....

Let’s just get the deal over the line and start drilling ;-)

Agreed. ZEN - the next RNS MUST confirm one of the acquisitions as completed! ..... you can see the effect the updates are having. Sentiment at a low!!!

Where exactly is the A-100 rig?
Can we have a picture tweet of the BD260 installed and ready to go at C-30?
Where are we with the bonds?

The markets are looking for confirmed results ....

We need to get the rigs going and oil flowing to market .... enough talk !!

Taking in all the points it’s easy to justify the annoyance.

I suppose we are in the ‘speculate to accumulate’ phase of this program.

We are all down, as is AC and the larger shareholders who can’t be too happy but understand the game plan . I guess we need to hope the plan comes good.

The last detailed RNS provided a lot of info on next operational moves so I still hope to see movement in Azer the next few weeks. Both at C-37 and subsequently C-30.

The acquisitions seem to be running along as does the 25M Eur programme - but we need to start closing these down ASAP!!!! Dyor

Do not overlook the wider market ....

Everything is red .... FTSE down .... futures down ....

Nothing has changed since yesterday so no need for a drop other than bored PI’s. The larger holders are holding firm and/or adding. Anyhow not bothered really - if it’s not for you then move on ... yes yada yada yada ....

Thanks KAM, a number of hints there ..... do we take it that the bond programme is going well??? ... after all who wouldn’t want to get in when the prize is this big!!!! Nice payday looms!!!!! Who knows!

Hopefully the approval will follow shortly and then rig, which is close by, will enter the ring;-)))) nice!!!!

And that’s just Congo!!!

Azer re-start in a few weeks hopefully at C-37 with A-100 and C-30 with BD260 :-)))

Other acquisitions also progressing so Q2 is strap in time :-)))))))

Please Dyor

Wow!!! Definitely stepping up a gear ;-))))

Nice one there AC - never a doubt!!! Get the deal stamped, rig available, away we go ..... all to play for .. .... Dyor

Markets taking another hammering!! :-(

I do hope they get a grip on the issue sooner - best to everyone.

We need the sign-off first which I’m hoping isn’t too far off now ....

I want an update on those bonds ..... where are we?? That would go a long way to covering the upcoming costs for the various acquisitions and ops .....

it’s time for an update.....

Lousy day today! Markets across the board getting hammered....

Correct SEA7 - all markets taking a hammering .... my screen is a sea of red !!! Doh!

I’ve negotiated plenty of large contracts in the past ..... you walk around and do alot of hand shaking and checking out the facilities. Then finally you meet the top brass for finals, then onto the top table for sign off and a picture moment ;-))))

Here’s hoping that’s where we are .... the tweets last week were a welcome sign ;-)))

Once this deal is in the bag, boooom, and a suitable rig is selected it really will be off we go ....

Don’t forget the two other acquisitions are also on the move and could come in sooner :-))) ..... exciting.....

Azer still on the go with the A-100 rig to C-37 and large zenith rig at C-30 hopefully ready to kick the tyres and light the fires ......

I’m hoping to get a further top up this week as I’m confident. Please dyor and read the recent official RNSs for detail ..... hope for a brighter week all :-))) good luck.

Yup some serious jive being spouted .... ahh well !!!

Anyhow looking forward to an announcement on the Congo deal in due course as hopefully it’s been a productive week!!

Hope the other deals are progressing well as it’s about time we had some good news .....roll on next week. Great weekend all.....

Ooph!!!!
All sorts of games to relieve you of yr holdings .... ahh well.

Well well well ....

Certainly in the right crowd !!!

Peeps loading up at these levels .... too much in play :-)

However if this is not yr type of play jog on ;-))))