Anglo African Oil & Gas Share Discussion Threads

[cashandcard] 16/8/2018 12:59

ronwilkes,


Have you contacted AAOG re second well?


Cash

[ronwilkes123] 16/8/2018 12:58

Further drops this afternoon ?

Heavy selling appearing again

[peargar] 16/8/2018 11:19

someone block this tit!

[letmepass] 16/8/2018 11:16

Buying opportunity at 9p

[pro_s2009] 16/8/2018 11:05

Yes...and just a couple of weeks to first news.

[dandadandan] 16/8/2018 10:47

TLP-103 will be drilled to an intended total depth of 2,700 metres with completion expected in 64 days. The Well targets multiple horizons including the shallow R1/R2 sands that are already producing at Tilapia; an undeveloped discovery in the lower Mengo sands; and a deeper exploration prospect in the Djeno interval from which the adjacent Minsala field produces at a rate of 5,000 bopd. Depending on results from these three horizons, the Well may also be extended down to test the Vanji Horizon.

Ahead of Schedule.
The modern Seismics know where to go.
The technology is complex but very precise.

It is a matter of knowing where to go.

Keep your eye on these shorters from the boilerooms with Gloom and Doom stories.

The tree shake of PIs before the big gains has started.

It is all about risks for reward for 5000bopd.+++

GLA.

[ronwilkes123] 16/8/2018 10:05

Cascade of stops being triggered

Don’t worry the twitter pumpers are long gone

[money4me] 16/8/2018 10:01

killing the PI

[ronwilkes123] 16/8/2018 09:59

About to drop again

[honestmarty] 16/8/2018 09:33

Ron, Ron

You can't call the bottom or the top, no matter how wonderful you think you are.

Just play the swings.

[ronwilkes123] 16/8/2018 09:28

Still way too many sellers - will drop further today imo

[duckdown] 16/8/2018 09:22

Wait for 9p imo

[honestmarty] 16/8/2018 09:04

Happily buying back in here, gobble, gobble....

This is a golden opportunity.

MATD and SAVP are also looking very tasty, just ignore the noise.

[ronwilkes123] 16/8/2018 09:03

Looking increasingly dangerous at these levels lots of sell volume and a drill which has been ramped with cos that differs to what’s in the ipo document. Can see this back under 9p by the end of the week

[ronwilkes123] 16/8/2018 08:59

Now in complete free fall

Pump
And
Dump

[ronwilkes123] 16/8/2018 08:46

Lots of sellers under 11p - will soon move down again

[thamestrader] 16/8/2018 08:29

Hopefully a nice quiet day drilling today, running 20” at the weekend, BOPs on, and away we go - out under the ocean.

[pro_s2009] 16/8/2018 08:21

Another weak day methinks for AAOG. Can see this not picking up until R1/R2 news.

[ronwilkes123] 15/8/2018 20:51

Is the 10 mil raise enough for a second drill

[ronwilkes123] 15/8/2018 20:10

Again doesn’t state or allay fears about another imminent fund raise

[neo26] 15/8/2018 19:26

I think you are fool and dont know what you are talking about. Aaog raised $10m to drill tlp103, remember we are covering 44% of snpc share which will be returned to us, aaog has said it will cost upto $8m to drill this well. Depending on what they find they will drill another well, r1/r2 is proven in this field, the mengo has hydrocarbons but now they have new technology to extract it. Many operators around us have successfully extracted oil from the mengo sand. If djeno strikes its transformational for company with production in the short term of upto 5000bopd from this well.If only the r1 and mengo successful then then they can drill these zones in the new well and drill costs will be half.

[ronwilkes123] 15/8/2018 17:06

I’ve emailed David Sefton for comments on his odd ball interview

[ronwilkes123] 15/8/2018 16:54

I can’t see Mengo being more than 500 bopd myself

This 104 straight after talk seems weird and a bit haphazard to me

[thamestrader] 15/8/2018 16:49

Agreed, Ron, they'd plug back and complete on the R1/R2, and settle in to being a 3-well, rinky-dink oilfield.

But Mengo will come in. I've put money on it.

[cashandcard] 15/8/2018 16:48

ron,


Mengo is an oil discovery and seismic techniques have improved since it was discovered.


Cash