Anglo African Oil & Gas Share Discussion Threads

[338] 27/9/2019 07:00

Furthermore, with the licence covering an area of 50.51 sq km, the Company has already identified multiple follow-up drill locations that can be targeted, once well TLP-103C has been brought into production, to generate further cash flow.

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[338] 27/9/2019 06:59

It is this combination of the low-risk production story provided by the shallower R1/R2/R3 and Mengo formations, and the significant exploration upside potential offered by the Djeno, that attracted us to Tilapia in the first place.

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[338] 27/9/2019 06:58

TLP-103C has already proven the geological model and confirmed the presence of the Djeno at Tilapia. The fallback plan is to produce TLP-103C from the Mengo formation. At current oil prices, a daily production rate of, say, 500/bopd from the Mengo would generate material levels of cash flow for AAOG.

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[338] 27/9/2019 06:57

The sidetrack operations have an attractive risk/reward profile.


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[croxonopolis] 27/9/2019 06:31

Think it will float around these levels or lower until license and rig announcements.

No mention of Nov in this RNS. Glaring by its omission. It will most probably be next year when they see that rig on site.

[ddonaldson2] 27/9/2019 05:44

The pot and kettle... As is said since I arrived 100 percent of your posts have been drivel.. I guess what you are saying is none of that drivel can be used to back up your "95% Accuracy" all I need to do is look how you knew everything on PVR and look how that turned out for you :)

[tameimpaler] 26/9/2019 22:15

Apart from not being in any great position to suggest that someone may be lying, the Interims are due - you blundering buffoon.

[seagreen] 26/9/2019 19:51

Hope you are not lying Nicola

[croxonopolis] 26/9/2019 18:19

On a Friday!? What, more bad news?

[apfindley] 26/9/2019 16:19

Rns in the morning.

[honestmarty] 26/9/2019 15:23

Tameimpaler

Are you being specific to AAOG?

You are describing the bulk of the UK oil and gas companies.

[tameimpaler] 26/9/2019 14:56

... hopefully in less than 1,000 words.

[seagreen] 26/9/2019 14:19

Its the Jeremy and Jo show all we want is Nicola and you can all spout rubbish together .....still no contribution...hey ho...we could play guess the percentage interest on the new licence but I would be cheating as you would as you all know everything

[ddonaldson2] 26/9/2019 11:21

I'm still waiting for Seared aka the messiah to clarify on his 95% accuracy rate.. have heard zilch

[tameimpaler] 26/9/2019 10:46

Word-up Seagreen!- I thought all the info was out there on the street already?

Seagreen and his merry band of gimps demanding to bring them up to speed like it's an absolute right.

This just gets funnier by the minute.

[seagreen] 26/9/2019 09:42

Bit like the opposition this lot they can tell you that you are wrong but can not tell you what is right .....and in the words of Boris have made zippo contribution to the debate ...nada ...nil point

[seagreen] 26/9/2019 09:28

Motion seconded............

Tameimpaler23 Sep '19 - 19:36 - 3642 of 3648
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If you don't know where the licence negotiations are up to, or the costs involved Zengas, just ask.

[acuransx] 26/9/2019 08:41

Come on tampon enligten us with your resesrch what does AAOG hope to be in few weeks.

[tameimpaler] 23/9/2019 19:33

It's right up there with "potential facts".Who knew that you could provide such merriment?

[tameimpaler] 23/9/2019 19:30

Hahaha..."word on the street" that is absolutely priceless.

[apfindley] 23/9/2019 19:15

ROFL. "The word on the street". Haha I heard all the market sellers are talking about it eh Tom.Complete tool. You make all this up as you go along. Again trying to make facts out of nothing but what's in your own head. Baseless nonsense.Go scoff a greasy pizza.

[seagreen] 23/9/2019 18:56

Zen the current word on the street in congo is that the AAOG are being offered a significantly lower percentage than 47% ...surprised one of the tools don't ring him up and ask but it is price sensitive so they will have to wait until it is renewed......

You can take a donkey to water..............but

[seagreen] 23/9/2019 18:49

Loving the way that the knowledgeable 338 is trying to spin the sidetrack preparation as per the RNS as the same as drilling for the oil ...they still need a rig to produce oil this is preparation and stabilisation of the site .......not production....

You can read it again below ...another false ramp

From RNS
Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce that well re-entry operations have now commenced at the Tilapia site in Pointe Noire in preparation for drilling the TLP-103C side track, nominated TLP-103CST.

Engineers on site have commenced work to stabilise the well prior to re-entry and the Company has also contracted Wire-Group to supply and install an Isolation Plug which is required to ensure the Company has the necessary barriers in the well and which will enable re-entry. The installation of the Isolation Plug is a rig-less operation, which provides the most cost-effective solution, utilising wireline services from Wire-Group. The isolation plug will be set in preparation for removal of the completion tree which will be replaced by subsurface apparatus more appropriate for drilling and to allow installation of the blow-out preventers ahead of the rig arriving on location.

[tameimpaler] 23/9/2019 18:36

If you don't know where the licence negotiations are up to, or the costs involved Zengas, just ask.