Member Info for willec

Hang on, I thought ZagEgypt's target was 0.01p if not too see the company go bust.

The results awaiting are past - we are producing now and this is going straight to sale - onwards and upwards from here.

Ummmm - lets think.

A small oil company producing oil, not many get that far
A whole Saffron field development ahead
Suriname drill to come

Money coming in daily through production and sales

The most important is profit and we have money coming in now

? I wonder? come on - proft profit profit

ZagEgypt - 'exit at 1.20p' and we are already through that at 1.25p - 1.35p. HAHAHA

ZagEgypt that is totally false, at least I am not a sad old fool you deramps on sharesw I do not own. I can not understand why you own a share you openly admit you what to go bust.

vox markets website

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https://www.**********.co.uk/articles/challenger-energy-results-of-their-saffron-2-production-test-7909cad/

No Positives - OK

Postivites:

We are producing oil with a high API of 48
Better than predicted at Middle Cruise
5 production wells already
ready to drill in Suriname after Covid-19
Continue in SWP for more drilling
Oil prices rising and a good deal with Trinidad, so profit margin on each barrel is high

Shall I continue or is that enough for you at the moment

How funny all the deramp trolls idiots can not argue properly of all the positive news ahead for the company. Let CEG continue producing oil, like they are at the moment and for the first time in years shouwing a profits per barrel. In five3 years this company isa going to be in such a great position and today it has a good sound basis as not many junior aim oil companies are produce oil of such good quality as we are.

Just because Bahamas did not work first time.

We have 5 producing fields going straight to sale in Trinidad alone
Drilling to continue in time
3 year Bahamas extenstion (probably the weak chain in the link)
Great acreage in SWP where in Trinidad a lot of production to come.
From the announcement on Wednesday great API of 48 and shown to be commerical viable so the project will continue. Movable hydrocarbons shown and the development of SWP will continue with another 29 wells.
The Middle Cruise in producing better than the company thought and is an economic prospect and Upper Cruise to come on line in time.

80 barrells a day + sold immediately and making money which is the key. The net backs are very high due to favourable license terms. Then still working on the field development.

Suriname ready to go, covid 19 stopping them.
Uruguay to follow

Oil price increasing

All I see here is doom and gloom - what is the matter with you guys

"We believe Saffron could support up to 30 production wells and achieve a production level of 4000 bpd. Saffron can increase our production in Trinidad by tenfold.”

we average a mid of 2.8p, we will be over 15p by the end of the year easily if not double or triple that

Precisely I have been asking this for months

Did you read the RNS today or not. These time time unlike what some investors think about overnight results and then troll. Wait 6 -18 months the price will be alot higher. Drills galore this year

Tuckman - did you not read the RNS today? Looks great to me!

I would suggest the trolls and P1 Huggers actually read the RNS - Saffron 2 is huge with 30 wells over the next 18 months to be drilled and with the oil price $69.27 and rising this is what we have been wait for. Come back in 18 months and tell me different.

Why do people always what to know how much money I have here. It is my own business and noone elses.

Said all a lone Saffron 2 game changer. This is why I brought when CERP because of Saffron - patience is a virtual and all is nicely coming today. Trolls want it yesterday and when it does not happen they **** of the company, where LTHs prepared to wait for long term development which is happening now for the next 18 months, where we will see share holder value recognised.

No it did not merge with Challenger = it changed its name - new ticker CEG