Member Info for Traa-dy-Liooar

Nice read - what I can't find on the Co website or presentations is an up-to-date list of significant shareholders, and also the BoD holdings? Seem to be a lot of holding RNS for spreadex.

The big sell which fits mayan's holding has been holding this back for weeks. Should see some movement forward and lots of news flow due.

The company now has the funding that all and sundry knew was required. At a good price too. It is now over to the BoD to deliver on the opportunities they outline. Lets see if the tie up with Solarwinds is transformational as outlined. I suspect the corner has been turned and look forward to future developments.

see 2nd RNS they have raised-at 3-not a bad price give state of markets.

Lovely turnaround and should help with new and re tendering for existing contracts going forward. Nice to have a bit of PR.

Morning Eyeguy,
Looks interesting, been buying a few around this level. Looking forward to news on workovers.

Yes can see this taking off next year. Success on the drill will change the value expeditiously.

Think it is fairly clear from AAOG clarification tweet that news will be given at each pertinent zone - probably along the lines Grippa alludes to. Have to say though, Mr Sefton has been somewhat of a liability with his public utterances. So much so the company felt the need to tweet the clarification. The CEO must have his head in his hands every time Dave trots off to procrastinate. Best leave it to the CEO he seems to have afar better grip on operational matters. That all said we news could drop anytime for first target zone. Despite the stop start nature of the company it may just all fall into place with the drill bit - then Dave can wax lyrical about field development and placings.

Dave Sefton returns to the office after the podcast astonished to see SP down and colleagues crestfallen after a masterful interview. Seems likely no more media duties for the Executive Chairman. Blue day tomorrow ( Dave hopefully has the day off)

The decision on wressle has to be addressed asap (should be November). The committee really need to make their refusal (and they will) so UJO can go move to the government appeal process.

Hard to call this. Massive II selling (the 250k is clearly one II clearing out) PI's have soaked a whole lot of II selling for last few months. Why are the II selling ? and will other II start buying. Questions the BOD need to address IMO.

keeps appearing, anyone kept count?

still about dropping 250k chunks.

*gooner

Ha far from it, but it sounds like AIM is not for you goner.

' Chariot will never re-rate. Not even they find oil. Oil is out of fashion for players now'
Probably one of the more laughable statements I have read on a BB. Seriously are you for real??? Find oil and it moves expeditiously.

The desire to second guess the progress of the drill, although understandable, is nevertheless misplaced. Trader's jump in and out and thrive upon supposed timescales. De risking on o &g plays as the drill turns is the accepted norm. However, the fundamentals on this drill is somewhat unusual and I took a decision to average up near close of play based purely on the known information.

Well someone took 10mil just before close. News shouldn't be far away for Biscathorpe. May take some more tomorrow.

Scroll down for relevant doc. Officers recommendation is to permit with conditions.

https://mycouncil.surreycc.gov.uk/ieListDocuments.aspx?CId=122&MeetingId=5902

From PCL quarterly report 31.7.18. Namibia is in the spotlight for several companies, window of opportunity is getting smaller.

Namibia Offshore
PEL 37
 The drilling vessel, Ocean Rig Poseidon iscurrently positioned in Walvis Bay,
offshore Namibia awaiting commencement of drilling the Cormorant-1 well.
 Preparations are on track for the September, 2018 spud of the well.
 The highly anticipated Cormorant-1 wellcomes after extensive evaluation and
exploration efforts by Pancontinental and its joint venture Operator and Partners.
 Pancontinental is not financially exposed to the drillingcosts of the well as per
the previously negotiated farmout agreement with Tullow.
 In addition, Pancontinental will receive a cash payment of US $5.5 million (AU $7
million) from Africa Energy Corp. which is the second instalment of its investment
into Pancontinental’s subsidiary and the PEL 37 project.
 Further credibility for the project came from the April farmin to the block next
door for a 40% interest by oil giant ExxonMobil. This block contains an extension
of the play trend Pancontinental is drilling.
PEL 87
 Pancontinental has mapped extensive high-potential and oil-prone turbidite fan
“fairways” in the newly awarded Petroleum Exploration Licence 87 offshore
Namibia.
 Oil generating source rocks are evident from well control studies in PEL 87.