Member Info for zebbo

Why didnt Exxon buy GBPs licenses ? Or did they get them gratis

350k over last week or so. Invested on the basis of Namibia action later this year.

However, as I have said many times. For me Peter is the weak link. Major shareholder or not, he has not delivered anything for more years than I can remember. He has up to 12 months to prove his worth as a CEO. Lets not forget shareholders have been paying his wages for years and years with zero return.

Agree SD priced in and we are looking cheap based on current production. Limited downside from here, so makes it a fair investment with a 6-12 month outlook. I will be expecting a 25% return min. I can live with that

The strategy for SOLO is obvious. Find the right asset, RTO and come back as a lot bigger entity

FYB

A partnership needs to happen fairly soon before the money runs out. Peter cannot wait forever on the sidelines. This years planned drills could be pivotal. But if results are poor, I fear for GBPs ability to keep the lights on.
We have no diversification within the GBP portfolio and with current Namibian assets generally valued near zero, the future could be challenging.
However, on the flip side we could 100 bag if we are carried at 10-15% and hit 9 bbls

Interesting stuff. I guess with the new data and deeper understanding the COS may rise a little

Back to HUR

Non of this chatter falls within HURs timeline so almost irrelevant to our investment case

20-30 years until peak oil 50+ years until see a notable change in oil demand
Current reality...
- Nuclear flagging in the West
- Renewables provide bugger all in the scheme of things
Where is all this electricity going to come for ..........oil powered power stations...LOL

Are any of the planned Namibia drills going to be targeting the same plays that GBP have ?

Also, must be noted that CURRENTLY Eco & Char, have no value attributed to their Namibia acreage. But agree any there is any success and it aligns to GBP's plays. Then GBP could be off to the races

Jim, understand where you are coming from, but can Peter finally get a deal over the line

Is he finally going to pull his finger out and make something happen, or another deadwood CEO

I reckon once we have proved production we can expect $5 per barrel. Also there will be growing takeover speculation once we are producing, that will help propel the SP North

£2 billion for the following - Full-year 2018 production and year-end 2018 proved reserves associated with the UK assets being sold were approximately 72 thousand barrels of oil equivalent per day (MBOED) and approximately 99 million barrels of oil equivalent (BOE), respectively.

What value would you but on HUR on that basis

6 months production with no pressure drops will see bidders starting to queue IMHO

Shell & BP to battle it out

Steve, my thoughts exactly. Will solo go for a BLOE RTO? Would that be possible....

I found it very strange that AF bought 6% of BLOE out of the blue.

may just swallow SDX in the process

Yeah, you lost a load here and cannot forget, its eating you up. Grow a pair and move on, you dont win them all

Good NAV discount, will payback well within 6 months. Very little speculative money invested now. Bouncing along the bottom, but not for long

FYB

Great time to buy if you can look through the next 6 months. Delay is more than factored into the price. We are looking decidedly cheap

have not had the desired effect, to little to late to reverse the SP. Disappointing to say the least