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With potential to increase oil production in the near future considerably and low cost producer we will continue to see some momentum.

It's worth remembering that A6, 801 & A8 will be completed by end of April. Each could produce between 1000 - 3000 bopd of oil per day. By the beginning of may we could be producing and additional 3000 - 9000 bopd. In addition to our 1800 bopd currently. That means our production will be at 4800 - 9800 bopd per day, nearly 4 times our current amounts. I can see it doing a re-rate even at current oil prices as we are a low cost producer, if the oil price goes up that just a bonus.

Following acid treatment which roughly takes 3 days per well, the wells will be put into production immediately.

"For the avoidance of doubt the existing producing wells will continue to be operated and the production sold, as will the New Wells 150 & 153 as they come into production, and as will any of the three Deep Wells that flow following the acid treatment referred to above."

I understand the knowing the full potential of the licence will take time, however I still think they will feed news to the market in stages. I can’t seem them holding out a lot longer just to dump it all in one rns, it will be more beneficial if they staged release news to keep the market appraised on activities

It shouldn't be too long before people start to take notice and pile in. As this has pretty much bottomed out, downside prized in however upside remains unlimited on market cap basis we should easily be £30-40m. which is 6-7 times our current SP. Multibag opportunity defo

I reckon we will see some strong momentum as we await news which is imminent on a conventional reservoir with 70% Chance of success. Bargain hunters likely to position themselves. Valuation should be around £40 million easy a 10 bagger

Turning again don’t be surprised if we see a strong blue finish as we head into next week.

There is here it is https://www.cgc.energy/img_tmp/20190722174050-16.pdf

I think he is setting the stage for further growth I wouldn’t be surprised by news in Palermo aike next week and he probably knows where that stands and are just waiting for timings

Palermo aike news likely next week today’s news marks a new page in our story

Santa Cruz Sur can potentially open up significant exploration and production upside and quite quickly being a conventional formation. Interoil also bought 8% stake in Jan and will be eventual operators of this licence and they are confident in its potential see link below with there assessment https://www.globenewswire.com/news-release/2020/01/11/1969179/0/en/Interoil-acquires-five-exploitation-concessions-in-Argentina.html

due to spread buys being reported as sells, can see this move very quickly once spread tightens

Currently measuring net pay on a conventional reservoir things about to hot up here and could start to head back up. The chance of success on this well is 70% meaning it is likely to come in I say accumulate at current levels and wait

Looking to hoover up as much as I can at current levels

Otakikpo news due and project sign off is now imminent

Strong news flow and test results due on Palmero Aike could see some decent momentum ahead of this

Tapi Aike news due early next week things could get interesting......

We should have an rns this week, surely so of the testing in some of the targeted zones will be complete.

I see a 50-60% drop as we were trading and about 5p prior to news can see it going to 2p as some are suggesting, people are forgetting we are still a producer with 2600 barrels of oil net to us worst case scenario we have to sale the opl 310 licence which isn’t so bad in the grand scheme of things as we will be looking to produce 6000-8000 bopd from Otakikpo

should see so upwards momentum to around 3p news due on 2 drills very shortly

We are close to have strong news flow across 2 drills going on, any positives from any of the drill and we could materially re-rate from current low levels.