Member Info for wraith

It seemed about the right time, to set about our rather high, EOG Gross average s/p level, ivans,...well done to yourself, also.

BW

Hi MrMarketMaker,...I'm no expert on charts, have a basic understanding,...I have always liked BOR acreage, with the cutbacks (" About $80 billion of capital expenditure cuts in 2020 have already been announced, which represents a more than 30% decline over 2019's investment budget in the sector, he pointed out. " Source: https://www.cnbc.com/2020/09/15/oil-demand-shock-could-be-spurred-by-second-wave-of-coronavirus.html ), BOR Darwin Discovery will be sought after, as demand returns, (IMO).

BW

Nothing wrong with being enthusiastic, about one's shareholdings, Brucey6onus,... I've taken a two-year view, on the longer-term outlook Gold & Gold mining shares,.....building (slowly over time) a HUM shareholding, for 2022 onwards,...HUM is well placed, to take full advantage, of the coming Gold Bull market, for Gold mine producers, (IMO),....as I said in a previous post, straped in here at HUM with what we already hold,...will keep increasing, as fresh Funds become available.

BW

Looks like you called the bottom right, MrMarketMaker,.....we are still stuck with a 700,000 BOR shareholding, very close to breakeven now,....s/p@1p & we will be in paper profit,...... won't be selling anytime soon though, here for the farm out,....massive upside from this s/p level, with the right news (IMO).

BW

Yeah, increased our position here at OEG today, SlawekT,.....was holding a six-figure EOG shareholding, with a Gross average s/p@8.61166p,....now holding a much larger six-figure EOG shareholding, with a reduced Goss average sub-s/p@2.9993p, a lot happier with that level.

BW

FOGL thought Scharnhorst North prospect, could be interpreted as an 'oil' response,....as you point out, Scharnhorst straddles the RKH (used to be FOGL acreage)/BOR acreage.

The most recent I can recall reading about Scharnhorst North, was in a FOGL Operations Update RNS dated Mon, 2nd Feb 2015;-
Fault Block Area, South Falkland Basin, Southern Licence Area

" Work on the Scharnhorst North prospect has continued, and this has been based on detailed seismic amplitude and AVO studies. In light of this work, FOGL has increased its mid-case gross resource estimate for the Scharnhorst prospect from 188 to 355 mmbbls. Detailed seismic analysis has demonstrated a subtly different seismic response to that of the nearby Darwin condensate discovery, which could be interpreted as an 'oil' response. "

BW

All strapped in ready here, Brucey6onus'

BW

Welcome aboard headzy,...the road to el dorado, hopefully.

Tune: https://youtu.be/bTWxDMNDz-4 (The Trail We Blaze).

BW

Still six-figure shareholding here, Carribean2029,...President, hmm, what a task that would be,...I'm still very active, run a property company with one of our sons, I think that's enough at my age. ;0)

BW

In Lincolnshire (village) myself,.....quite here, as I will be 73 years of age in December, put myself in strict Isolation (my wife is in Kent for a month, looking after her aged mother, who is 96 years old),.... let's hope COBR, give us all a nice Christmas.

COBR is "Main Market " listed not AIM, Randelbo76

BW

Need a lot more than s/p@2p before we break even here at EOG,...Wressle is a start in the right direction,...Inishkea is why we are still here.

BW

I assume we are in agreement, on the outlook for Q4 (" Q4 results should be a lot better than Q3 results "), RichTheNewbie. ;0)

BW

Yeah, I took another tranche on Tuesday (s/p@36.3p), RichTheNewbie,.....Q4 results should be a lot better than Q3 results, if I understood the interview correctly,.....was not expecting s/p to pull-back quite so far, been tempted to pick another tranche up down here, but resisted so far, you never know s/p could pull-back a bit more yet.

BW

Thanks for the link Chesh,.....progress being made, on that front,......Morocco drill to look forward to.

BW

I'm in the UK & it's looking a bit bleak here, MrMarketMaker;-
https://www.dailymail.co.uk/news/article-8895199/New-lurch-lockdown-London-placed-Tier-3-restrictions-two-weeks.html

Just going to sit back with our existing Oil & Gas shareholdings for now, & watch how the coming months unfold, before I commit further Funds to this sector.

BW

Hi GRH...I originally bought PRD early on, when they announced their contract, cornering the CO2 supply in Trinidad,.....that appears to be going well,.....the other attraction for me back then, was Corrib South ( https://www.*************.net/interview-predator-oil-gas-holdings-positive-results-but-corrib-south-could-dwarf-everything/ ),.....now we have the Morocco drill in the spotlight, I found the comments ( https://youtu.be/LpFQ00GZthM ) on this up-and-coming drill, encouraging.

BW

That sounds like a plan (" Watch Resources Grow on 3 Mine Site locations...

Buy some more shares "), that I could comfortably follow, Ballio,.....I'm buying here with a 2 year plus view,.....accumulation time at present, for myself.

BW

correction: " Morocco ".

BW

Cove, that was quite some rise;-

" Cove Energy plc – the highly successful East Africa focused explorer that went from having a market capitalization of £2 million in mid-2009 to being sold to PTTP for £1.2 billion in less than three years. "
Source: https://www.predatoroilandgas.com/about/management/

So a few more months to wait ( interview link: https://www.youtube.com/watch?v=LpFQ00GZthM ), for Morroco drill.

BW

Yes, there is a great deal of potential in Tilapia (IMO), Rimsha,.....it's why I bought into ZEN shares,.....I read the RNS, as a positive outcome likely, on Tilapia.

BW