Aoi (Regs) Share Discussion Threads

[martinfrench] 16/11/2021 10:34

there is also this.....which i thought was dead as time expired but not sure, amazing if still in play

maersk (now taken over by total) will carry aoi for up to 400 million on FID for kenya

no wonder they want kenya to happen....

[martinfrench] 16/11/2021 10:02

still have doubts about nigeria ray ? :-)

[martinfrench] 16/11/2021 09:51

are we looking at different prices ray ?? :-)

ths breakeven though will be fine, yes slp made a lot, am in from 38p with a pretty large stake for me

it will all come, these are the super 3 to hold for a very long time, though slp are not very exciting these daya, simple company

will def need some new blood for the new year though....

[martinfrench] 16/11/2021 09:39

cant be that far off the billion dollar cad size now either...might be an important threshold, might not :-)

[rayrac] 16/11/2021 09:38

You are doing well elsewhere Martin, ths and slp!

[martinfrench] 16/11/2021 09:29

volume already almost hit daily average in stockholm, bodes well.......

[manc10] 16/11/2021 09:24

anybody seen eco energy ray lololo

[martinfrench] 16/11/2021 08:55

and acquisitions are still on, even maybe close, which really surprises me, as keith has said they only buy at 50 dollar oil in case of an oil slide (which wont happen)

so assets at 50 bucks ???? if he can, amazing.....

oh, and up over 6% in sweden so all very good

dont worry, the div stuff will be in year / end q4

this is now what i really like, perfect long time income hold with maturing projects adding great value, plus exploration

so they have everything, the short (nigeria), medium (kenya, SA (aec)) and longer term (venus hopefully)

still have 0 interest in guyana

[martinfrench] 16/11/2021 08:51

ray,

it was just third quarter results, so think you did expect too much, for sure

good results, my only main question which i will look into is why they keep reporting 20 odd million corporate debt, and then net cash position which is positive, these 2 are inconsistent, or maybe its backward looking for what was......but cant be both really

either way, and the 2 strategic updates are on track and great, as well as venus, so its as expected and bit more


never any negatives, they just dont disappoint

[rayrac] 16/11/2021 08:42

Perhaps I was a bit hasty..but I did expect a little bit more?


Therefore, I am confident that we can deliver on two strategic goals; the acquisition of accretive producing assets and implementing shareholder capital return programs. The Africa Oil team is working hard on both fronts and in relation to shareholder returns, we are finalizing the management plans that will be considered by the board of directors in December. I expect to update the markets once we have the board approved plan by end of this year. "

Right, breakfast!

[rayrac] 15/11/2021 23:29

No mention of, or prospects for payment of dividend that I could find. December perhaps?

Disappointing and not good for the share price short term?

Kenya needs major funding too, who’s going to take that on?

[rayrac] 15/11/2021 21:19

Will it put out tonight, or tomorrow?

[martinfrench] 15/11/2021 18:17

well, its really only income so just dont think it can be bad at all

regardless, we are both in early enough to not worry about a drop either way

pretty sure i know exactly what he will say, .....nigerian fields continue to deliver strong performance...etc

its the extras that will push the price higher or lower, not sure whether he will say anything extra, though fully expect to add onto the above statement .....allows the possibility of divs/buyback

[rayrac] 15/11/2021 17:15

Let’s hope after hours news bears that out for aoi? I feel confident it will.

[martinfrench] 15/11/2021 15:09

think thats more other oilers than aoi ? certainly reco

[rayrac] 15/11/2021 13:42

Trouble with this market, a little progress in the sp, not just here, and punters take skin off the game. No confidence anywhere.

[martinfrench] 15/11/2021 11:08

correct, prime divs always seperate, which is good as news flow keeps going and we always need it

will just if anything confirm once again incredibly strong cash flows

i think will close around 2.10 and tomorrow on results 2.20, my best slightly biased guess

[rayrac] 15/11/2021 10:56

Anyway, I think it’s a strong situation! As long as Prime keep pumping

[rayrac] 15/11/2021 10:53

Well, I can’t see Kenya being a rewarding situation yet at least.

And don’t they let us know when they receive anything via prime, separately from the quarterly’s? Or will it get a mench this quarter?

[martinfrench] 15/11/2021 10:31

up a bit in sweden over 2% so we'll see....

[martinfrench] 15/11/2021 10:29

yep, saw that, everyone on same hym sheet it seems

yes, tonight, being a monday you would like that, certainly not a friday

cant see anything remotely bade being in it, that would shock me

[rayrac] 15/11/2021 08:37

The effects felt

[rayrac] 15/11/2021 08:36

So tomorrow then in effect

[rayrac] 15/11/2021 08:35

After trading hours

[rayrac] 13/11/2021 16:11

Russia oil chief states that hydrocarbons/energy cost are do some considerable price increases. Telegraph source……..

Rosneft boss warns of new ‘super cycle’ in fuel prices
Rachel MillardJames Warrington
THE boss of Russia’s state-backed oil company has warned of long-term higher global energy prices, adding to inflation fears as the cost of petrol hit record levels.

Igor Sechin, chief executive of ­Rosneft, said global oil and gas markets may be in line for a new “super cycle” – a sustained period of higher prices, as demand outstrips supply.