Member Info for Serif

Thanks GP., wish I had been able to make it. Did you pick up anything else that was interesting from your experience - I know you have been doubtful about Cloughton, anything said to make it sound worth pursuing? Did they seem to genuinely think it was worth the time and effort - it seems to be taking longer than expected just to get to step 1 - a location.

If you look at the original rns there are restrictions in place which protect eog’s position.

Had v Quick Look at new presentation - if anyone going could they ask

EQ - farmout process imminent/next few weeks - what are we still waiting for and will we have it before end of July?

Wressle - planning permission given as end of Q2 - can they confirm if it has gone to delegated authority or postponed to Q3?

Cloughton - what is the next stepin progress that will be announced - not seeing that anything firm yet

Ireland - where are we now in the farm out process - is it live are the people in the data room?

Or indicative of not having finished the work? If someone planning to go could they ask the obvious question - has eog made any progress on the projects it leads on this year and if so why has none of this been rns’d?

😂 think people would probably refer to Tennyson as “City analysts” - in everyday speech. But may be there are others too …perhaps all will be revealed on Thursday (or not!).

Not sure, Gerry, but might it refer to this Tennyson note?

https://www.europaoil.com/tennyson-disclaimer/?MTIyMDV8ZW9nX3Rlbm55c29uXzIxMTIyMy12ZmluYWx8aHR0cHM6Ly93d3cuZXVyb3Bhb2lsLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMy8xMi9FT0dfVGVubnlzb25fMjExMjIzLXZGSU5BTC5wZGY=

VL - thanks for spotting and copying across - that’s an encouraging read for EQ prospects.

Very bad local and EU election results for Greens and Sinn Fein. Mainstream parties did ok. May be that finally Irish politics moving in direction more helpful for Inishkea.

B - I think they need to consider rns-ing a regular newsletter or similar even on small milestones, as I agree that if we have to wait constantly for the “big news” to be delivered it leaves plenty of time for giving up hope. Some no doubt would constantly criticise it, but it would be a way of talking to all shareholders in addition to the presentations.

I think it must be odds on they give us an update on EQ before the meeting next week. I’m pretty sure it’s why they picked the date in the first place. If you recall at the BEOS meeting in late March they were saying it was half done then, so all the timing fits.

Stuart - are you aware that Monday and Tuesday this week are public holidays in Sarawak?

Ireland - yes 5 years - the same period Eamon Ryan has been the minister - wish it was caused by navel gazing because then could farm it out tomorrow.

@Copper - snap! Re commerciality suspect it’s more about getting a decent flowrate - think there will be plenty of “development costs” to use as tax shelter.

Thanks BobbyB. Looks like they have finally made some progress with Cloughton since last presentation. Will also be interested in what they have to say about how the C-P takeover of Marathon is likely to play out for the EQ licence.

And there we have it - another massive 4 million buy. Explains why the selling had no impact this week and why some of the deramping sounded a little more desperate than usual!

FCA approval determines the date. Last time it was two weeks between issuing of Annual Report and start of trading - with announcement only on the day itself. As UPL said in current rns they had already applied for lifting of suspension, so suspect it might be slightly quicker this time.

@Bubble. Interesting that the 2 million trade has barely affect the price of the following buy. MMs seem comfortable to take it.

Or maybe our buyer will be back for more? We must be coming to a point where now if ever we will get real news from eog re EQ, Wressle, Cloughton (and who knows where we are at with Ireland) - so buyer could be timing for this.

Some positive movement for a change. Not sure why such a jump on what’s showing, but broker currently limiting buy offers to under 300k shares, so may be someone taking advantage of price with a big buy in background?

I agree, Aimshame. We seem to be waiting an eternity for news - but then waiting always seems to take forever. In the meantime I think we should remain alert to those seeking to take advantage of current sentiment by trying to take the SP down further. A 2 million broken up "sell" this morning within less than 4 minutes, could be a lth selling out or it could be shorting supported by some helpful deramping. Only good thing about shorting is that if we do get some positive news it might lead to a larger rebound if people are forced to cover their shorts. But that rests with WH to deliver progress.