Member Info for tooldforthat

Hoping we get back over 1p this year

Would love to know what our board of directors do all day considering they don't have any day to day control over activities at oml113 . They should take massive pay cuts until we actually have our own 100% owned license's to develop

I don't think it is anything to worry about, everything should just go through and continue as normal. Would be nice if Stefan informs us though once it is authorised

That's good to hear, thanks Phil

Don't think today's rise was down to the few buys this morning, otherwise those sells in the afternoon would have knocked it.

Got my top up, another 222k shares this morning

Even a 2m buy last week couldn't lift this, yet a 500k sell could push it 10% lower

Am thinking the same JH, should I increase my holding or keep my money in the bank as currently I am approximately £2600 down on this investment. I have a feeling it could drift around this level all june

With ref to the gas development, I would say that is a good way off, going by the CPR RNS we are told " Aje-5ST2 well so far provides a strong incentive for further studies". Then in the next para we get " These results confirm the commerciality of the Aje gas development, highlight the need for a revision to the development plan once the oil rim studies are completed", so it all depends on how long and what these further studies consist of, if it means more lengthy drilling programs then you can bet the gas development is a long way off with a new development plan logged with authorities after studies completed

I would say we need to contact our Chinese investors directly and get them to oust him. $80 oil and we are trading at all time lows.

Missed the drop to 0.425, if it goes there again I will add some more

Because it is high quality and requires less refining

Website still not up. Must be removing the Mexico section and replacing it with a new investment, new CEO, and new lending. Here's hoping

Eventually aje 5 was completed on the turonian rim which had slower decline rates and lower more stable production.

The reason for the big difference in rates from 2016 to now for aje 5, is because they initially tested aje 5 in the cenomanian rim which has a high decline rate. Eventually aje 5 was

Website could be getting a make over. Maybe paving the way for all the news to come and a new CEO.

Looking like $80 - $85 oil, could become the new trading range for the rest of this year

Do forget a lot has already been spent on aje6 procurement, so a lot of up front cost for that well has already been accounted for

This share should be flying with $76 oil, especially when we have production cost under $40 a barrel

Nearly hit $76 this morning, can only be good news for MXO going forward. It would be nice to hear what the initial production numbers were from aje 5 side track 2.