Member Info for wraith

Agree with your comments, itisagame,....that's what I have been thinking, regarding the Bond ( https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/ZEN/14314971.html ), & B+ credit rating.

BW

Thanks for posing link ( https://total-market-solutions.com/2020/01/14/zenith-ink-deal/ ), BurtonD,....at AAOG, we were waiting for Djeno sidetrack drill, preparation work was well underway, was my understanding,....that's why I feel this extract, important;-

"In addition, Zenith has informed the market of their intention to hire Mr. Aleba, a citizen of the Republic of the Congo, who has worked at Congolaise de Raffinagethe refinery subsidiary of the national oil company, in the second week of February. During the transition of the acquisition and garnering the support of shareholders at the recent meeting, Zenith has proposed a transaction that inevitably adds significant access to capital (Congolese-subsidiary is owed $5.3m) and a pathway to recovering it."

BW

Well, I'm happy with last, "Saffron well - update"( https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CERP/14377004.html ), offerman,.....as has been said, Schroders reasons for reducing, their exposure to CERP, is unknown.

BW

Thanks for posting, Copper3.

BW

I'm a property man (landlord),....would need a good stable, for such a beauty,...my wife's car alongside (we have been together a long time).

BW

Yep, that's as I read it, callit.

BW

With the acreage GBP are sitting on, happy to sit on hands & hold here at GBP (I hold a good six figure GBP shareholding), myself.

BW
ps if I was to win the EuroMillions, this would be my drive: https://youtu.be/Squv4KI751w

Thanks for sharing, TIPTOP,....like yourself, I am still holding my AAOG shareholding (less 20%, so still a good six figure AAOG shareholding), awaiting sidetrack Djeno drill,.....I have followed the Asset, now also holding a ZEN shareholding.

BW

Mengo wells, produce at about 1,400 bopd, for the first 12 to 18 months, then decline to about 400 bopd,....Djeno wells produce 1,000 to 5,000 bopd, but do not suffer the same decline rate, as Menjo wells, is my understanding.

BW

For clarity,....that multiple Djeno wells, I refer to, is with each Djeno well, producing, anywhere between, 1,000 to 5,000 bopd.

BW

From memory, the Mengo horizon, needs a one off frack or fishbone (plug needs sorting first, to start producing, from this Mengo horizon), to produce at about 1,400 bopd, for the first 12 to 18 months, but then declines, to about 400 bopd,....whereas, the Djeno horizon, is expected to produce, anywhere between 1,000 to 5,000 bopd, but without the decline rate of the Mengo horizon,....it was anticipated, that multiple Djeno wells, would need be drilled.

BW

Thanks for posting links, itisagame;-

https://newsweb.oslobors.no/message/493220

http://www.alignresearch.co.uk/anglo-african-oil-gas/statement-anglo-african-oil-gas-shareholders-2/

I have more hope, of value recovery, in my AAOG shareholding, after reading, both of the links above.

BW

Agree Jimarillo,...it is looking good;-

"Shell will choose between three prospects for a deep-water wildcat off Namibia, which is set to spud late next year at the earliest."
Source: https://www.upstreamonline.com/exploration/shell-mulls-options-for-namibia-wildcat/2-1-701237

BW

Corrib South (Atlantic Margin), only 20 km. south of the Corrib subsea gas gathering manifold,......is one of the reasons I'm holding PRD shares, in my portfolio, Flybyboy;-

"Atlantic Margin - Corrib South
Predator has a 50% interest in licencing option 16/26 (“Corrib South”) together with its partner, Theseus (50%)

Corrib South lies only 20 km. south of the Corrib subsea gas gathering manifold making it a candidate for a potential subsea tie-back. Spare capacity is forecast to be available in the Corrib infrastructure within the likely time framework for drilling and potentially developing Corrib South."
Source: https://www.predatoroilandgas.com/operations/ireland/

BW

Difficult to Buy today, SEA7,...when ASK was s/p@2.3p, I had to pay s/p@2.4999p (bought further 60,000 ZEN shares, on T2, straight into ISA account).

BW

Just had a listen to podcast ( https://www.sharepickers.com/versarien-hexotene-collaboration-and-predator-update-on-pilot-eor/ ),.....agree, Trinidad update, shouldn't be to far distant, on the horizon.

BW

I also hold both CLON & PET (CLON, my largest of the two) shareholdings, Onassis,.....been trying to fathom, how current Middle East Tension, brought you to that conclusion.

BW

ZEN, will stay in my portfolio, whether or not deal goes through, sarge123,....I believe the deal, will be very good, for my ZEN shareholding,....my AAOG shareholding, appears to be on life support, but I have stayed with it (except for 20%, sold just below s/p@4p level, from memory) for the asset.

BW

The resignation of Brian Moritz ( https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AAOG/14371593.html ), is not what the Revised Proposal, from Jub Capital implied ( https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AAOG/14369680.html ).

BW

Agree Deepsurvey1,....it is the possibility, of the deal going through, that started myself, researching ZEN last Thursday evening,.....ended up researching, right through until market opened, buying first tranche of ZEN shares, early doors Friday morning,.....having bought three further (six figure) tranches, of ZEN shares today, I now hold far more ZEN shares, than AAOG shares,.....whichever way the deal goes, I maintain my exposure, to the AAOG asset.

BW