Member Info for robs12

That IC article made me laugh out loud. It doesn't mention Perth at all!

Stena Carron moving from Tanager-1...unfortunately not to Canje, but to Stabroek.... :-(

Despite the Tanager-1 news, a total of only 2.45m trades since it was announced - for a total value of £385K.
Seems most are hanging on in there for Canje (which makes good sense to me).

More than one bite at the cherry for WTE.

IMHO Bulletwood-1 will follow on after Tanager-1 with the Stena Carron.

ECO have no interest in Tanager-1 or Bulletwood-1 (head towards WTE for those).

@slift, FYI spudding means to start drilling.

From the horse's mouth, about 11 minutes in:

https://www.facebook.com/exxonmobilguyana/videos/1450541028479017/

https://oilnow.gy/featured/exxonmobil-set-to-spud-liza-look-alike-in-first-campaign-at-guyanas-canje-block/

For sure, lots of trades today compared with the last weeks, and some chunky ones. Suddenly looks like there is a bit of interest.

Glad I got my top up yesterday!

GLA!!

LOL...sounds like you need protecting from yourself...

The 85K. Shows as a sell but it was a buy at 19p.

The trade buys/sells are definitely a bit off in recent days. I made several dummy bids and was getting 19.3, 19.35 when the bid/offer was showing as 19/20.

Just bought another chunk.

LOL...suspect the herd (as we know it on this board at least) is already here! Trading volumes remain very low.

Results are a good read, sums it all up nicely.... "the following 6 to 12 months should provide lots of excitement for shareholders.....offers the potential for significant value changes, during the next year, in the success case."

https://oilprice.com/Latest-Energy-News/World-News/Suncor-May-Sell-Stake-In-North-Sea-Oilfields.html

Excluding that trade, last week total of 1.2m shares traded for £222K. Nothing in the scheme of things...

This will go mental with good (or great) news. Not many ways to get exposure to these upcoming drills..

It's roughly half of the 'leftovers' of the JHI deal (i.e not notifiable) so probably connected?
A big stake if a PI!

LOL, I have been ignoring it for some time...I just liked the bits:

"They invest carefully, which means that the Canje Oil Block is a sure thing,..."
"there is an incredible level of confidence on Westmount’s part, which conveys that the returns are as good as guaranteed."
"It is good for Westmount Energy Ltd. and its well-placed investors."

But maybe to be fair, that should be ignored too... ! ;-)

As most of you probably know, the Kaieteur News in Guyana has been publishing daily shock stories about the Canje and Kaieteur block awards for a long time...

This one mentions Westmount specifically and is worth a read:

https://www.kaieteurnewsonline.com/2020/10/15/why-only-westmount-why-not-guyanese/

LOL - let's hope not!!

The way it's going, nobody is even going to notice and the SP won't move an inch! That would be good reason to buy more quickly!
Last August when ECO struck, the WTE SP didn't move until quite some time after opening.. ;-)

Hold only through Tanager-1?
They hopefully have exposure to another three Guyana drills planned in the next 6 months or so? 1st Canje this year, Jabilo-1 Q1 next year, Sapote-1 Q2 next year (according to JHI), and one in Suriname (Goliathberg).

More than one bite at the cherry with WTE!

The NL gas is really a minor distraction here, just providing a few pennies to keep the lights on. It is worth only a couple of pence per share. The true value is, and has been, nearly all in Perth GPA, with a little more from Platypus.
The recentish Arden note has a decent analysis and graph on page 2 here:
https://www.parkmeadgroup.com/uploaded/research/Arden_Partners_Research_25.06.2020.pdf