Anglo African Oil & Gas Share Discussion Threads

[neo26] 06/2/2018 20:37

It was going to happen, the Dow was totally over inflated, Will trump take credit for this list as he did when it increased to record levels..

[moneytree1] 06/2/2018 16:13

Tick me up if you feel like a Chump.

[moneytree1] 06/2/2018 14:27

Its sad to feel like a Chump.

[sunnybeachboy] 06/2/2018 11:25

Biggest points drop ever. Not percentage drop.

[sunnybeachboy] 06/2/2018 11:24

CNBC reporting dow jones biggest 1 day fall in history 1597 points drop.

[buffythebuffoon] 06/2/2018 11:02

sunnybeachboy,

No, it’s just the biggest since 2008.

We are obviously closer to news than we were yesterday, but we have no idea whatsoever when the news will come.

Sefton has played his cards close to his chest. In other words he has not kept us informed.

Buffy

[sunnybeachboy] 06/2/2018 10:55

Don't forget the Dow Jones just had its biggest 1 day drop in history! Can't be much longer now for news.

[seankiley] 06/2/2018 09:25

Markets are falling.....blame the crypto

[money4me] 05/2/2018 16:33

if no news this week it may be tanking. by the time they do anything there will be nothing left to save

[buffythebuffoon] 05/2/2018 10:55

timw3,

Well over £3 now...

Buffy

[purple11] 05/2/2018 08:32

Back in gl

[moneytree1] 05/2/2018 07:53

I presume you've punted on this again Gasman.gl

[zengas] 02/2/2018 12:23

Now how did i know you would be reading womens mags Paul.

[zengas] 02/2/2018 11:33

From the admission document.

"The Tilapia Licence is valid until 18 July 2020. Past practice with Tilapia and fields jointly operated with SNPC by other producers in the Republic of the Congo has been for new licences to be granted for five- or ten-year periods following the agreement with the relevant governmental authorities and with SNPC of development and operational plans".

If you were to read the press reports about SNPCs internal problems then this could give a clue. It also has debt. The admin doc refers to 5 and 10 year extensions. The IMF has asked the government to clean up its act in particular to oil laws in exchange for a bailout. The above report by AEI says aaog is seeking a 20 year licence renewal (not the usual 5-10 years the way the government previously worked).

[zengas] 02/2/2018 11:16

He only joined twitter in January. To be honest I don't think he knows anything more than anyone else. He says he called the ministry in his first post on 8th January - his post doesn't remotely give any factual clue re any outcome.

The licence runs to 18th July 2020.

The government has been told to separate (by the IMF) some roles re snpc and linked to IMF bailout.

From AEI 9/1/2018

Anglo African Oil & Gas (AAOG), main shareholder of "Petro Kouilou, owner of the Congolese Tilapia block since 2011, is currently in talks to secure an extension for the licence that has been producing less than 100 bpd since 2007. According to our sources, AAOG shareholder, French businessman Gerard Bourgoin , has been drawing on his friend Denis Gokana's political ties to lobby the Congolese government in favour of the extension. Gokana used to be chairman of SNPC and an advisor to president Denis Sassou Nguesso. AAOG has a title to produce oil on Tilapia until 2020 but Bourgoin would like to extend this for a further 20 years. Bourgoin, who has known the head of State for several decades, directs AAOG through the intermediary of company chairman David Graeme Sefton (former general counsel at the international arm of Lukoil), as well as his daughter Axelle Bourgoin. Several manager founders of the company recently resigned, including Oleg Schkoda, who oversaw the company's drilling operations in the country. Schkoda was replaced by Alain Guiraud (former Halliburton country director in Congo-B), a close friend of Bourgoin. The drilling of a new well to increase production at the site, TLP-103, is expected to begin in early 2018.

[keya5000] 02/2/2018 10:37

Tweets dont look like the work of a troll/deramper.

They are spread about a bit and not very frequent.

Think it is someone who they have binned off getting a sly dig back at Sefton.

A real troll deramper would be posting those several times a day.

[keya5000] 02/2/2018 10:35

Malolo Milolo
‏

@malolo_milolo
Jan 31
More
#aaog rig ENI stopped for repair. Missing parts. Next they’re drill option well ! AAOG will not get rig in Q1 ! By de way, were is the lisense Sefton ? #aaog

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Malolo Milolo
‏

@malolo_milolo
Jan 29
More
#aaog Sunny is delusional or probably pay by Sefton. Their is no Lisense and Sefton cover it with news like new manager and new bord of directeur. That was Decembre than End of year then Mid Jan, then end of Jan. Next promesse ? #aaog

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Malolo Milolo
‏

@malolo_milolo
Jan 24
More
#aaog every one in Congo knows they’re will be no lisense. New age Marine III got back to SNPC in december !!! when will some one question Sefton ? Disappoint coming.
#aaog

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Malolo Milolo
‏

@malolo_milolo
Jan 23
More
aaog don’t know why Sefton say lisense for AAOG. SNPC confirmed no lisense befor drilling new well. And Gerard tries pay people but no work ! Sefton lie always#aaog

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Malolo Milolo
‏

@malolo_milolo
Jan 23
More
#aaog Sefton try to hide lisens news with new board. SNPC will not give lisense. They push everyone. Next ministry conseil in3 week and SNPC said No to Gerard ! Read gazette and see ! #aaog

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Malolo Milolo
‏

@malolo_milolo
Jan 23
More
#aaog no lisense at last council. Gerard did not make his lisense. End game for him ? SNPC get back all their lisense. Take new age ! …

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Malolo Milolo
‏

@malolo_milolo
Jan 17
More
#aaog if the license is not come, what is the company Share Price worth ? What is Sefton Strategy ? to Drilling 103 ? they have the cash he say. #aaog




Malolo Milolo
‏

@malolo_milolo
Jan 31
More
#aaog rig ENI stopped for repair. Missing parts. Next they’re drill option well ! AAOG will not get rig in Q1 ! By de way, were is the lisense Sefton ? #aaog

[buffythebuffoon] 02/2/2018 10:29

Interesting deduction moneytree1.

Is there a closet you’re struggling to come out of?

Buffy

[buffythebuffoon] 02/2/2018 10:23

Do you have a link to that tweet please keya5000.

Buffy

[keya5000] 02/2/2018 07:20

I am buyer on drill rig news and licence issued.

Bought at 20p with that theory so under 20p is cheap if that happens.

Lets hope that happens.

The fella on twitter who is leaking info looks to me to be an ex-employee.

[keya5000] 02/2/2018 07:20

I am buyer on drill rig news and licence issued.

Bought at 20p with that theory so under 20p is cheap if that happens.

Lets hope that happens.

The fella on twitter who is leaking info looks to me to be an ex-employee.

[keya5000] 02/2/2018 07:02

nametrade it is a simple observation, it is over the timescales given and previous situations of this nature I have witnessed over the years tells me some form of hard ball is being played by them.

Just my opinion and not a fact.

Dig deep enough and there are the odd pointers that suggest such.

Lets hope they get this mess sorted.