Member Info for willec

Is ZagEgypt the same person as 12bn on ADVFN - complete idiot. Farm out coming later on in the year and this will rerate - patience.

Oil being at OFF1 and 3 of which we have and the majors would like to be a part - you guys really talk nonsense don't you.

Kippermanbike - serious a one drill wondewr in the Bahamas with no back up plan. HAHAHA

At least Eytan can diverisfy a portfolio unlikely Potter.

Now we have Uruguay, Trinidad and others rather than just one wildcat hope where noone else drilled. Unlike Uruguay where all filled with majors and then us.

Seriously, you do not have a clue. OFF-1 was taken out during lockdown when most were not doing business and OFF-3 was unable to be taken by the majors due to what the had already and with the blocks OFF-3 and OFF-2 being next to each other was it a mistake for Shell to take OFF-2 and OFF-4. Why also did Shell take OFF-7 right next to OFF-3

Basically, if we have made a mistake so have Shell, APA and YPF which I can't see happening. Maybe you are just a Bahamas troll with no clue on the region.

If you lot are so negative on this stock why do you own it?

If you don't own it why are you here?

Pretty sad really if I thought it was no go I would not own shares for one and secondly I would not be on a chat room being negative no stop about a share I did not hold.

So why are you lot here? Is it because you can not get over the Bahamas and can not admit the company has changed and Uruguay is a very hot prospect.

Before comments if Uruguay is so bad then why are all the rest of the block bar ours owned by majors. Majors would not go in if it was a dead duck.

Farm out in Uruguay to come - hardly a dead duck.

Oh one question why is it a dead duck - please explain!!

Oil production in Trinidad

Farmout in Uruguay tba on two blocks where majors are interested

Please explain why it is dead? Are you still unhappy that one well in the Bahamas failed to produce - serious man get a LIFE

This will not just go north, but will go north big time once farm out announced later this month.

Hardly with a farmout coming people are buying in, some towards the end of the day (day traders) may have taken a profit, but with farm out news due any time this is going north in the next few weeks and months, as I said years ago.

Patience is the key

Somebody what these:

11:39:20hrs - A nice buy at 0.051p (Vol. 450,000,000 £229,500)

Looks like good news round the corner.

Get lost then, best time to sell - just before a farm out HAHAHA - you fool

'They hope to find oil', so do we and with OFF1 and OFF3 we have a very good change off finding oil and a partner will what in, especially knowing the majors are interested.

We have a very good chance of a lovely oil discovery. If the majors think oil is there then us having two blocks in OFF 1 and OFF 3 we have a fantastic chance of a discovery.

Seriously, OK forget CEG plc, can you answer me one simple question then:

Why are the majors interested in Uruguay?

Challenger is targeting a farm out to provide partner funding for a new 3D seismic survey offshore Uruguay during 2024, and even potential funding for a subsequent exploration well. Today’s statement updates that the process continues well, with good interest from a variety of participants, and Challenger expresses confidence that a deal can be secured before the end of 2023. If Challenger is able to announce a successful farm out, this would represent a catalyst in itself. Additionally, it would bring industry endorsement of the attractiveness of the asset, but also hopefully underpin operational catalysts going forward, initially in the form of the new 3D seismic programme. As such, we would expect successful progression of a farm out to be very positive for Challenger shares.

(section of Yesterday's report)

Not necessarily - how you you seriously be certain of this??? You can no't so just be patient. Eytan says things are on track and the analysts tend to agreed.

If you do not believe sell up and move on. On the otherhand, if you do not own any shares and just a troll why the hell are you here?

Forget the share price for a minute and look at the bigger picture. The farmout process has all been carried out confidentially and over the next few weeks will be announced. You can not categorically say no farm out. Just wait and be patient. When we get the farm out with have 3D in early 2024.

The problem with all you idiots here is firstly you only look at the sp and secondly, only the short term view - who cares about this week or month - think quarterly, half yearly and annually.

So why is he therefore of the verge of a farmout in Uruguay where majors are also interested.

Majors would not go into Uruguay on a whimp, so why did majors go into Uruguay?

BurrenBoy - you really are an idiot - Simon Potter is a joke. Eytan slashed the debt, re set the company and brought things forward in Uruguay and all Potter every did was focus on Bahamas - a one well gamble.

Eytan's great leadership have resulted in diversification in portfolio instead of just the Bahamas and also on the verge of a great farm out in Uruguay. Fantastic work done by Eytan. Simon Potter is the last person we want back and hopefully will never here of him again.

Maybe not short term I agree but as a long term invest with the production in Trinidad going well and progress with Uruguay and negotiations with the farm out this looks promising for next year and onwards. Patience is the key. I do not understand the consistant negativity here. It takes time to improve things and Eytan has done this since taking over be patience and see how the next few months pan out.

These refults are the past for heavens fake look to the future. Farm out news in the next few weeks and discussions are going well. What I do not understand is why are all of you so negative about CEG?

Uruguay farm out to come very soon