Anglo African Oil & Gas Share Discussion Threads

[dandadandan] 04/9/2018 10:05

'It's a fantastic feeling to be drilling'.

The people on this BoD have produced the goods before and just enjoy success.

Look at the speed at which they got this drill organised.
Nothing left to chance.
Keeping the Gov't Minister up to date and on their side as well.


Just sit it out and wait for the results.

Be aware of announcement politics as well.
It is the Congo...

Get ready for a broadcast next, IMO.

GLA.

[money4me] 04/9/2018 08:10

just giving everyone the chance to buy some more before they announce

[grale22] 04/9/2018 07:59

Sure... I'll go open that account. Thanks for the advice.

I won't bother discussing a share on a discussion forum any more.

[edgar222] 04/9/2018 00:16

Never seen as much expressed nervousness about a share as this one.90% CoS on first zone. 60%? on second. Exploration and 30% on third is it? Those are big numbers in this game. Those that are nervous perhaps should be thinking about opening a post office account and not buying O&G shares.

[neo26] 03/9/2018 22:34

Aaog bought an producing asset at a time when oil price was cheap.We know now why they got it, snpc are up in massive debt and the people we bought/merged with needed assistance.This acreage is going to be great for holders. Just wait till the results come in..Mengo is the one im lookin at...

[grale22] 03/9/2018 21:53

I'm nervous as it was suggested the news would be out by now. I'm also a bit concerned in general with AAOG as it's had some serious Twitter ramping and that never makes me comfortable in a share I hold.

[neo26] 03/9/2018 21:29

Why are you nervous about r1, oil has been produced from this horizon in our acreage, it wasnt large but it was commercial.You should be more concerned about mengo or djeno.I think mengo will be fine...

[grale22] 03/9/2018 20:53

Anyone else starting to get a bit nervous about R1/R2 as I'd expected to see some news on it by now?

[euclid5] 03/9/2018 20:44

sorry my post meant the Mengo section is 60% CoS - Djeno is the Exploration section with 54mmbls x 56% wi net to AAOG

[neo26] 03/9/2018 19:16

i agree with cashandcard, should they manage to extract oil from the tight mengo sands then this company will be hugely profitable.

Djeno is exploration if it comes in its transformational if it doesnt then they still have the mengo.

Interesting times here, by end of sept this can be many multiples.

[money4me] 03/9/2018 16:46

be nice to get R1 R2 results in the bag to move this up a bit. then at least any subsequent failing is from a higher sp

[euclid5] 03/9/2018 16:30

Think Mengo should be ok with a 60% CoS, Djeno is the Exploration risk play

[cashandcard] 03/9/2018 16:28

euclid5,


Not sure. For me, aslong as the Mengo is present and they test it successfully, I will be happy with that. If the Mengo is not successful, this share price will come under substantial selling pressure.



Cash

[euclid5] 03/9/2018 16:12

They need to hit the oil rim in Djeno for it to be a success

[newvest1] 03/9/2018 16:10

Placees de risking

[john henry] 03/9/2018 15:41

Well im guess your not noticing that all the large trades these past few days have been sells.

[newvest1] 03/9/2018 13:26

From where?

[apfindley] 03/9/2018 13:21

Rumours circulating. Oil hit.

[neo26] 02/9/2018 19:50

The horizon is charged the company has said so, this might be oil, gas or fizzy water. Take your pick..But with others finding oil in this zone it would be stupid not to check this zone.

[thamestrader] 02/9/2018 17:20

Not sure what you mean by 'the seismic data is showing positive charge'.

I am no seismologist, but I'm pretty sure seismic, even 3D seismic, only identifies geological structures, it cannot say whether the structure is full of oil, gas or water.

Of course if a location is identified on the seismic as being up-dip of another location on the same structure which is KNOWN to hold oil (proven by drilling), then it's a pretty good bet.

[neo26] 02/9/2018 14:25

Grumpy FindleyThe nearby fields producing from the Djeno horizon are on average producing 5000bopd per well eg eni... If aaog strikes oil in this horizon you bet flowrates will be high.Its no ramp, the seismic data is showing positive charge in the djeno zone, we know oil has been found in this horizon in other acreages... So its positive and aaog will be crazy not checking this zone..I agree this is exploration as its never been drilled in our acreage, r1/r2 and mengo is not....

[apfindley] 02/9/2018 13:19

Proof? Hope? Ramp?

[neo26] 02/9/2018 12:03

I can see it going over £1 on a djeno sttike, nearby fields are producing around 5000bopd PER WELL in this zone.

[dandadandan] 02/9/2018 11:33

All we need is the Minster to sign off the R1/R2 find RNS, but make certain that some staff in the Dept, get their cheap shares first.

Just watch the trades, next week.

Good times are just about to happen.

If Djeno strikes in the right spot then £1.50 share price will soon be hit.
Keep that drill bit turning. Even Vanji is now being discussed.
Looking forward to the video of the crew doing a 'conga in the congo' around the successful rig. OIL UP!

GLA.