Anglo African Oil & Gas Share Discussion Threads

[cashandcard] 15/8/2018 15:10

Read my post again from the start.


Cash

[ronwilkes123] 15/8/2018 15:09

So you have no problem with another big dilution

[cashandcard] 15/8/2018 15:09

Griffin81,

There are 2 ways of looking at that.

-They should confirm 103 is a success before considering further drills.
-They want to maximise rigtime efficiencies and go for back to back drills.

I'd prefer they just get on with ensuring one of the lower 3 zones at Tilapia 103 is a success.

Cash

[cashandcard] 15/8/2018 14:59

Upon success I have no problem with further operations.

I hope JB is working on diversifying the asset base.

Cash

[ronwilkes123] 15/8/2018 14:56

David Sefton mentioned a second drill

It will need a big dilution

V strange comment

[someuwin] 15/8/2018 14:51

Anglo African Oil & Gas‏ @angloafricanog · 2 hours ago

The TLP-103 well spudded at 12pm today! #AAOG #AIM #oilandgas

[ronwilkes123] 15/8/2018 14:44

David Sefton spooks market with second drill close after talk

Will mean dilution imo

Poor news - not worth investing

[griffin81] 15/8/2018 14:23

Listen to the interview just released by ShareTalk. They will update during the drill, and the 103 drill will be quickly followed by a further drill (104)

[letmepass] 15/8/2018 13:30

Yeah in your dreams

[cudmore] 15/8/2018 12:50

#iip rerate in progress!!

[letmepass] 15/8/2018 12:41

64 days you mean. 2 months of wait

[mirabeau] 15/8/2018 12:38

The moment of truth is nigh

[shafaq] 15/8/2018 10:58

More like it starts to rise when it spuds as first zone is 100% cos followed by 2nd zone of 75% cos.Anticipation will be there as we approach the r1/2 in 15 days.

[pazzuzu] 15/8/2018 10:48

HAHAHAH you wish. Clown

[duckdown] 15/8/2018 10:33

I think we will see a drip down to about 9-10p over the next couple of weeks, and that will be the time to buy.

[cashandcard] 15/8/2018 09:16

I think it will become clear to many soon that with the reinvigorated team led by JB, with support from Schlumberger, AAOG looks undervalued given some of the overpriced garbage out there. This is the bit which could really send AAOG to a different level altogether (from website):

"Within the Tilapia Field, developments in seismic techniques have recently been able to interpret the presence of hydrocarbons in the Djeno Sands, which lie below the pre-salt layer. In neighbouring fields ENI, SOCO International and Oryx are already producing or in the final stages of testing prior to production from the Djeno Sands.

The seismic material indicates that the Djeno Sands have high volumes of reserves, and the presence of hydrocarbons in the AAOG block is confirmed with conventional flow rates. This was not brought into production within Tilapia when originally tested because the necessary techniques to kick-start production did not then exist.

The Djeno Sands have been shown to have reservoirs that, in neighbouring fields, have been in production since 2013, with production of 4,750-5,000 bopd per well. These other fields have enjoyed high flow rates, which are caused by the oil layer itself being naturally pressurised by lower lying high-pressure gas deposits"





Cash

[thesloth2] 15/8/2018 09:15

Does anyone have any idea of how many of the 92million approx placing shares of 8p have been churned ??

[money4me] 15/8/2018 09:13

every day closer to the gusher

[dandadandan] 15/8/2018 09:04

Exciting times here as the drill bit is turning.

The seismics and technology are now so good that it is a matter of WHEN rather than IF.

This BoD are also quietly confident.

Great signs for a nice PROFIT.

GLA.

[pro_s2009] 15/8/2018 02:52

Would expect first news of oil strikes from R1/R2 to be around 1st week of September.

Looks like the spud sellers have already sold.........so some sideways for a week perhaps and then build up as 1st week September gets close.

[neo26] 14/8/2018 23:49

Hoping for spud to finally commence, next 45 days can be transformational for us and aaog.Imho