Member Info for wraith

I'm with the buyer,.....one of those, red s/p@12.685 sells above, is my Buy.

BW

Also noticed, there are only 75, of us GBP shareholders, with GBP shareholdings, over 100,001 shares ( https://www.asx.com.au/asxpdf/20180926/pdf/43ynlshjrmv3vd.pdf (page 50)),....that's approx 93.135%, of GBP shares in issue, held by just 75 shareholdings,...I account for one, of those 75 shareholdings, & I'm slowly increasing my GBP shareholding,....any sniff of good news here,.....well, I could not get my buy order, fully filled, when I last tried to Buy, T2 direct into my ISA.

BW

I was not aware, Tom Cross holds shares, in GBP, either,....this, 7 Nov 2010 article, makes interesting reading ;-

"Dana Petroleum chief Tom Cross reflects on the deal of the decade"

https://www.telegraph.co.uk/finance/financetopics/profiles/8113069/Dana-Petroleum-chief-Tom-Cross-reflects-on-the-deal-of-the-decade.html

Extract's : “When we put the company together, the shares were 1p and we have many shareholders who have made over 1,000 times their original investment,” says Cross. “My record will stand for itself. Show me another business that has made a bigger return for its shareholders, because I’m not aware of one.”

"KNOC reluctantly lodged the first hostile bid from a state-owned national oil company in August at £18 a share"

BW

Hi Mamms,....I'v switched myself recently, with two other linked (Enhanced Oil Recovery (EOR)), shares that I hold (PRD profits to CERP), but retained shareholdings in both,....whether, that will prove to be, the wisest move to make, only time will tell,.....if it proves not to be, so be it,...but will not reproach myself, over above action, that I have taken.

With my other two, linked (through Barryroe) PVR & LOGP shareholdings,......my Funds invested in LOGP, have more than doubled (at today's Bid s/p@2.6p),....but in the case of LOGP, will only add to that position, with fresh Funds, will not sell any, until Full Barryroe drill results, are known.

I'm also holding, a six figure Core PVR shareholding, at present,....this, I shall also be increasing, before Full Barryroe drill results, are known,.....can't expect, to get it right, all of the time, but we should do well, buying at current PVR s/p level, (imo).

BW

LOGP, has massive, upside s/p potential (imo), NigelHaemoglobin,......from memory, I bought back into LOGP, somewhere around late 2016, to early 2017,....here, for Full Barryroe drill results, myself.

BW

Yep, that sounds about right, NigelHaemoglobin,........& as you point out ;-

Barryroe Farm-Out signed 20 September 2018,
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/LOGP/13797938.html

BW

Yes, as you point out, MrMagoo31,.....Predator has the right to purchase FRAM for US$4.2m :-

"Background - Inniss Trinity IPSC

FRAM Exploration (Trinidad) Limited ("FRAM"), a fully owned subsidiary of the Company, is party to the Inniss-Trinity IPSC with Heritage Petroleum Company Limited (previously Petrotrin) ("Heritage").

The Company's interest in the Inniss-Trinity field benefits from an agreement with Predator Oil & Gas Limited ("Predator"), whereby Predator will fund and help plan a CO2 Enhanced Oil Recovery Pilot Project (the "CO2 pilot project"). FRAM remains the operator of the Inniss-Trinity IPSC, including work for the CO2 pilot project. As part of the agreement with Predator, in the event the CO2 pilot project is a success, Predator has the right to purchase FRAM for US$4.2m."
Source : https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CERP/13999808.html

With reference to Steeldrum acquisition ;-
"The initial consideration for the acquisition of Steeldrum will be paid in Columbus stock through the issuance of 92,743,775 shares, equivalent to 12.5% of the current issued share capital and £4.4 million (approx. US$5.8 million) at the latest closing mid-market price, with certain contingent considerations."
Source : https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CERP/13716473.html

Completion of acquisition of Steeldrum Oil Company Inc ;-
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CERP/13819215.html

"Predator has the right to purchase FRAM for US$4.2m",....this is one the reason, I switched my PRD profits, back into CERP,....leaving myself, a free PRD shareholding & 74% of my CERP shareholding, bought with PRD profits,.....resulting in my CERP shareholding, being considerably larger, than my PRD shareholding, at present.

Looking forward to the update myself.

BW

There is no Limit, on timeline for myself,....the longer, news takes to flow through, the stronger, my free Funds position, builds to, ready to take advantage, of any s/p scenario, that develops here at AAOG,....holding a good six figure Core shareholding here at present, patiently waiting for CPR & there is "No Limit", for myself.

Tune whilst waiting for CPR : https://youtu.be/RkEXGgdqMz8

BW

Welcome aboard (PVR (& hopefully LOGP)),gatto,.....sorry, you will not be getting any of my LOGP shares,.....I am only a buyer, here at LOGP,....already holding, several hundred thousand LOGP shares (with a Gross average s/p, sub last placing price s/p@1.3p),....which gives me plenty of headroom, to average up, once Funding becomes clearer.

BW

"PRD has exclusivity over CO2 supply",.....that's the reason, I first bought into PRD, Bear666,......as malcysblog, point out ;-
"This is indeed an ‘important milestone ‘ as described by CEO Paul Griffiths and with which I concur. The fact that Heritage has validated the technical and commercial model for CO2 EOR is good news from a third party and one who is the largest holder of mature onshore producing fields on the island."
Source: https://www.malcysblog.com/2019/03/predator-columbus/

BW (I hold both CERP & PRD shares)

Although my Funds invested in LOGP, are outperforming, those invested in PVR, at present, LONGWAIT,......with PVR exposed to both, Barryroe & IOLAR (Diablo ) drills this year,.....I'm comfortable, with that % split, between the two.

BW

I'm holding both PVR & LOGP, gatto,....PVR are in a stronger Cash position, than LOGP,....my own Funds invested, split between the two, is at present ;-
PVR = 76% approx.
LOGP= 24% approx.

BW

That's what I remember, being said in one of the interviews, Drewky,.....stick to tried & tested methods on 103, with the possibility of fishbone, being used on future wells.

BW

Good morning Sardypaul,....yep, quietly waiting,....with guidance, of early March, CPR could drop, any day now.

BW

Predator Chief Executive Paul Griffiths, sounds very bullish;-

"We are pleased to have successfully achieved this important milestone in obtaining conditional approval from Heritage for the CO2 EOR project and are grateful for the support received by Columbus over the past few months in discussions with Heritage. This will be the first CO2 EOR project for the newly created state entity and its successful execution by Predator may open the door to additional CO2 EOR projects,"
Source : http://www.morningstar.co.uk/uk/news/AN_1552487622299998600/predator-gets-consent-for-enhanced-oil-recovery-at-inniss-trinity.aspx

BW

Good to see,......if memory serves me well,...I believe they increased, after the Druid duster,....Total exercised their Option, after Drombeg duster,......" FEL 2/14 contains the undrilled Diablo prospect as well as the drilled Druid & Drombeg prospects." ( https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PVR/13716512.html ),...."RECEIPT OF FINAL OPTION PAYMENT FROM TOTAL"( https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PVR/13379610.html ),.....With ExxonMobil and China's Nexen (CNOOC) IOLAR drill this year.

Barryroe drilling 2019,......Dunquin South looking good,....Avalon,..Newgrange, etc,....follow the money, (imo).

BW

It is an interesting interview ( http://tiny.cc/ibh33y ), neon,....Ireland (from 27:06 into link), M&A opportunity, for shorter term value,....concentrating on Trinidad, with very good cooperation, from Heritage,....if, PRD are more focused on Trinidad now,.....after listening to the above interview, I have form the view,.....the $4.2m you mention, has a better chance, of finding it's way, into the CERP coffers, now.

BW (I hold both, CERP & PRD shares).

A very good update ( http://tiny.cc/ibh33y ), (imo).

BW

Works if you copy & paste whole link ( https://www.dccae.gov.ie/en-ie/natural-resources/consultations/Pages/Application-for-consent-for-a-site-survey-at-Barryroe,-North-Celtic-Sea,-South-West-Coast,-Ireland-proposed-by-Exola-DAC-wh.aspx )

BW

Agree, with your views there, dahmed,....well, if they keep walking the s/p down,....will be very tempted, to increase my AAOG shareholding, Sub ASK s/p@9.5p (with Lower Bollinger Band s/p@9.41p).

BW