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Yeah exactly, of course they have to clarify that until the deal is complete.
Read the comments from the CEOs interview two days ago (see here ā> https://twitter.com/wcat_plc/status/1727017339449905422?s=46&t=dbeur060c2v_rrjfrsmkxa) if you need reassurance:
ā Q5: Are there any final words for Wildcat Petroleum shareholders?
A5: This year has been not too good to put it mildly but hopefully, weāre going to try to end the year strongly and so shareholders have a Happy Christmas.
In my opinion, the marketās totally not understood what weāre planning to do, the sheer scale of what weāre going to do and the sheer profitability of what weāre going to do.
When the Minister initially offered me the deal, which we intend to sign, I nearly fell off my chair so next year we fully intend to demonstrate to the market the sheer scale and profitability of this deal. This deal was previously been run by three of the biggest oil companies in the world and now we fully intend to take over their operations.
Iām fully 100% happy with how things are going and next year hopefully, everyone will see just the sheer money-making potential of these deals.ā
I also did the same yesterday (although bought right before the dip š«). Short term gains look too good to miss out on.
All sounds promising.
Good luck all.
Looks like itāll be a strong finish. May get some large trades after close like yesterday too. GLA
Itās certainly heading in the right direction CDF š expect a bumpy ride with traders / profit takers along the way.
Expected news is just around the corner. Hopefully itāll be a Christmas to remember for genuine investors š
Already reported š
By the EOY apparently.
This thread contains some nice info (credit to @RedditDeluxe) -> https://x.com/redditdeluxe/status/1726672533175640189?s=46&t=dBEUr060C2V_rrjFRsmkxA
chairman interview published yesterday:
https://www.***************************/wildcat-petroleum-to-demonstrate-sheer-scale-and-profitability-of-the-sudan-deal-lonwcat/4121133465
https://x.com/wcat_plc/status/1727017339449905422?s=46&t=dbeur060c2v_rrjfrsmkxa
some positive points in there š
I can see why š
https://x.com/redditdeluxe/status/1726672533175640189?s=46&t=dBEUr060C2V_rrjFRsmkxA
I see, thanks for confirming.
Just seen itās been printed š
Bought in this morning but my trade isnāt showing in the share trades, why would this be?
Bought 5,866,610 shares at 8.27
Jedster,
Iām quite happy with my investments (even if I am in the red in some).
The one investment? You mean the one investment I bother to comment on. Iām sure you know LSE doesnāt show my portfolio.
Your view seems to be different to mine, probably because Iāve invested off the back of my own research and not because of some random Twitter ramper.
Itās refreshing to see a comment from you where youāre not taking your frustration out on a share / company š
Also, just to confirm Iām definitely not one of those dodgy Twitter experts.
Good luck to you too š
Good find!
āExciting opportunity attracts LNG investors off East Timor
Baron Oil is seeking investors to back a relatively low-risk appraisal drilling campaign at the Chuditch gas field offshore East Timor. Possible suitors include Eni, Inpex, Santos, Petronas, and even Chinese national oil companies (NOCs), for the potential LNG projectā
Oh post has been removed, thanks admin ā¤ļø
Jedster, why donāt you try taking some responsibility for your own decisions instead of commenting how š© every share / company youāve invested in, is.
jedster74
Posted in: UPL
Posts: 927
Price: 2.75
No Opinion
Twitter30 Oct 2023 10:52
I'm beginning to think that these Twitter experts are not experts at all, whenever I follow their advice I seem to lose money. š
Of course, if you invest off the back of rampers comments on Twitter instead of doing your own research, thereās a risk youāll lose money. Stop blaming everyone else and being bitter because of your poor choices.
Contā¦
https://www.lse.co.uk/rns/BOIL/planned-chuditch-2-appraisal-well-location-o5wy3mdq0g595hv.html
āOn 25 September 2023, the Company announced its Interim Results, which advised on the preferred drilling location for an appraisal well on the Chuditch gas field. The investor presentation published today illustrates the location in detail, along with the well location selection criteria used, the approaches for de-risking candidate locations, basic well design information and updates on the status of drilling planning.ā
Or am I misunderstanding?
Https://www.lse.co.uk/rns/BOIL/chuditch-psc-update-8211-6-month-extension-granted-fenwwrrl21w7thw.html
āContract Year Two of the PSC will now expire on 18 December 2023, with a subsequent commitment, on entry into Contract Year Three, for the drilling of one well to appraise the Chuditch-1 discovery. The practical effect of this is that a decision on whether to enter the drilling phase is now required to be taken at or before that date.
The extension to PSC Contract Year Two was requested to allow additional time for the necessary preparations prior to entering the drilling phase of the PSC. These activities include the detailed evaluation of candidate drilling locations and well trajectories for input into the final well design.ā
Iād be surprised if they extended it again. From the wording in the second paragraph, it sounds like they just needed a bit more time to prep for the drilling, which included:
āThese activities include the detailed evaluation of candidate drilling locations and well trajectories for input into the final well designā
Which theyāve since provided details on in the two most recent RNSās (see snippets below).
https://www.lse.co.uk/rns/BOIL/interim-results-r5rjf8bj59qtt48.html
āThe Company's strategic and operational priority this year continues to be to prepare for the drilling and testing of an appraisal well on the Chuditch-1 gas discovery. Success here will prove up the commerciality of the 1,165 Bcf of gas (194MMboe) gross Pmean Contingent Resources in the field and de-risk an additional 1,651 Bcf (275MMboe) of gross Pmean Prospective Resources. The granting of a further six-month PSC extension in June 2023 demonstrates the strength of our relationships in Dili.
Our ongoing discussions with potential funding partners provide additional affirmation that the technical case is robust and there is alignment on the requirement for drilling an appraisal well on Chuditch, followed by additional exploration activities to delineate the total on block gas resources for this LNG scale project.
Technical activities during 2023 have been focused on further detailed interrogation of our data, to identify optimal candidate locations for Chuditch appraisal drilling, including additional geophysical work and environmental impact studies. Based on these studies, we have selected a preferred appraisal drilling location, which is approximately 4.8km from the Chuditch-1 discovery well. This represents a substantial step-out, illustrating the size of the field and our confidence in the reprocessed seismic datasets. This location is now being input into the detailed well planning programme. In anticipation of the proposed drilling of an appraisal well, the Company is in discussions with various contractors and is actively assessing the availability of suitable rigs, equipment and personnel.ā
Hereās another tweet containing details they should be shouting about on their own social media platforms - https://x.com/boil_unofficial/status/1719413150091510013?s=46&t=dBEUr060C2V_rrjFRsmkxA
Iām surprised weāve not heard any further updates after this tweet - https://x.com/baronoilplc/status/1719405120146874453?s=46&t=dBEUr060C2V_rrjFRsmkxA
It was certainly exciting seeing that but it doesnāt help when they give no further details on what was discussed.
Dem - hereās a good write up on upcoming catalysts:
https://t.co/aLS1y4AdgW
Iām looking forward to all this news theyāre apparently āpregnant withā.
Really hope we hear some positive updates before the EOY.
Did anyone say buys are flooding in?