Member Info for tom111

If you Google" The Guardian Seplat" You will find an article headline "Seplat optimistic of completing $1.3 Exxon Mobil acquisition" dated today.

Quarter results coming out this month may get an update then.I take it as a plus then if NNPC are not the regulators always seemed a bit odd they would be to be honest

Any comments T o D ?

The NNPC are totally biasied in this deal i hope it is brought to the attention of The President and the Arbitration of the situation but im sure this will be in the works already.

Thanks Trek.This injunction is taking forever 18months now since the deal was struck surely someone can make a decision soon

Any comment about the article on Bloomberg regarding "Nigerian oil goes unsold at tax claw back.Half july supply awaits buyers"

Thks Bismarck

Anyone know the divi yd atm thks

If you log on the oil and gas news 24/7 you will find an article "A new energy bank aims to include private investment in African oil and gas projects" a long interesting read.

Imo its too early for that and with the big companies winding down operations there should be less oil on the market causing at least a temporary spike which could be last a few years

I was looking more an aquisition to be honest,but it is bad pr all the same

Im assuming now the sp is drifting down because we have not had the results from the first quarter yet and we are almost into the second quarter period.Further no divi declaration notification either maybe something going on behind the scenes?

Brent back at $76

I topped up with SEPL great divi around 10% read recent posts over there and chart dyor.Havnt sold any here just waiting for div declaration and quarter results

Ticking up again any idea what the sp would be if the deal goes through guys

Its been weak because the quarter results are not in yet and divi declaration due nothing else imo

I take it there are no more court cases pending and normal service resumes

Lots of sellers as well

Results await no head scratch

Sorry im behind the times just noticed the RNS LOL