Member Info for Starvinmarvin

Thanks davwal, much appreciated. I hope we don't have another Tullow on our hands when it comes to 3B/4B. I'd like to see something in the way of drilling soon and with Gil's being late delivering on his dates in the past '23 looks more than likely.

As well as running Africa Oil, he is also a director on the boards of Africa Energy and Eco Atlantic. Anyone here know if he is directly involved with Ricocure (Pty) Ltd, thanks.

Quite right davwal, in fact there are those that have been here for over a decade now.

harel, I agree there is something much larger afoot. Can't help the feeling Eco has become a shill/beard for Keith Hill.

Why not take out Eco?

This happens quite often on the TSX at this time of year. The usual explanation is tax loss selling where someone needs to offset gains whilst triggering a bunch of stop losses in the process . Over 800k shares traded whereas a few thousand a day is the norm. My question ... Was the MM out buying a flat screen on Black Friday.

Anything under CAD $0.33 is a bargain/buying opportunity.

Phoebus, I prefer a more optimistic view ie 'WE are not planning to drill in Orinduik next year' meaning Tullow isn't planning to drill itself but perhaps a new partner will.

Much agreed Dataman, especially after the recent Tullow announcement. If Gill could sit down at the same time/table with a prospective Tullow farm-in candidate in Guyana and get a similar arrangement in Namibia I'd be very happy indeed. Come on Gill, time to market both those 60% holdings, don't wait for Tullow.

A good take on the future Phoebus, and concisely put imho. Success on Fangtooth and I'll be adding.

Still have my shares. Bought in while in my fifties - at 70 I've moved on, but still enjoy popping in once in a while.

I wouldn't count on Exxon's interest in our block until there is some activity on Hammerhead.

https://oilprice.com/Energy/Crude-Oil/Trumps-Ultimate-Weapon-To-End-The-Oil-War.html

And more ... Some analysts say oil prices in the teens are not far off, while Paul Sankey, managing director at Mizuho Securities, said “Oil prices can go negative” in a note this week, as carried by Fox Business.
By Tsvetana Paraskova for Oilprice.com

Marcel, "An oil price war between Saudi Arabia and Russia will most likely accumulate over the course of the year, energy analysts have told CNBC, with no end in sight until 2021 at the earliest." This could all change over night but it's nice to have all the scenarios. Those poor buggers in Guyana, just when there're about to great a break bam!

I'm reading articles on how they can go for years with their huge reserves of US dollars - WW1 redux. A barrel of Canadian crude is going for less that US$8 so we're pretty much done over here. The boarder is now closed AND no hockey, I might be the first to off himself due to Covid-19!

I for one am still 100% confident in EOG/ECO and hope to add another 100k new shares <20 cents - it's hit that today on the Venture. Only spend what you can afford to lose and be prepared to wait. Covid-19 may be the biggest hurdle which has to be cleared first imho.

The Germans have a word for it, 'Schadenfreude'. Proselenses was correct on his outlook for this stock but I'd bet even he is surprised it has fallen this much so quickly - unless he saw Covid-19 and the price war coming. If Covid-19 sticks around this is dead money for 24 months.

Maverick, an update from my bank regarding the inability to be served ... "the lock for online trading remains in effect due to suspected illegal activity". Again, it's the Venture.

Maverick, this is what I get when I try to buy ... "There is a trade restriction on this symbol". I'm not the only one apparently, but this is the Venture after all.