LGO Energy Share Discussion Threads

[arrynillson] 18/5/2017 20:14

theprototype - no need to convince me it's 12bn - the advfn version of Dianne Abbott that needs help - glad my message about his poor analytical skills was absorbed - I even bored myself with it!

[nexus7] 18/5/2017 19:21

From Horseyhead Today 19:54
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RE: Bang for buck.

Research and data gathered over last few years just waiting to be put into practice.....


loads of information on sw peninsula been gathered....

[nexus7] 18/5/2017 19:18

From Garnhiem. Today 18:29
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RE: The future



And.. The increase in US shale oil production is partially down to the increased need for gas to replace coal. Oil has been a by-product in it's transition to meet the Paris agreement. It also falls inline with the vision of USA becoming an energy provider.

There will always be a demand for oil.. It isnt just used to fuel your car!

[theprototype] 18/5/2017 17:52

arrynilson 12bn

I haven't changed my very dim views on DL, Ritson the old BOD or Lenigas and Oil. I have moderated my view on Goudron to the extent that Ritson's incompetence may have masked some qualities there and LGO does have assets such as Cedros which are untested. If this were a new business and IPO I think Koot would raise a lot of money for the project. As it is he has a battle drowning out the negatives of the past and I don't envy the task and still suspect NR might have deceived him about the nature of the undertaking.

This is AIM. I have seen this share jump 50-60% in a day based upon nothing more substantial than Lenigas' ramping on twitter and 100% recently on VSA's misleading reports and PR. I state things as I see them and I have stated all the negatives that I see as well as positives. In my view Koot will have to perform miracles to get to VSA's 1000% but this is AIM and momentum is built upon anticipation and this is coming from 0.1p in old money so 0.4p not such a ridiculous target in terms of the history of this share.

[arrynillson] 18/5/2017 16:23

12bn - is anyone gullible enough to believe tosh from 12bn - the poster who makes Dianne Abbott look like Albert Einstein!

[12bn] 18/5/2017 15:24

I detailed a fairly exhaustive list of actions needed in this and other posts such as getting rid of the old BOD, streamlining operations, cutting G&A to the bone, putting in key staff on the ground to direct operations etc.////// Yea that might save enough to pay the coffee bill!

[12bn] 18/5/2017 15:19

I have been out fishing and I come back to the '4 bagger man by August' claiming Koot will perform this miracle with a few tweaks here and there.NR did work-overs,reperforations,etc and never managed to increase the production,it kept falling but now we are meant to believe that Koot will wave a magic wand and double production! You are just a ramper theprototype,400% rise by tweaking old wells,yea that will happen!

[nexus7] 18/5/2017 14:59

From Garnhiem. Today 13:09
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RE: Bang for buck.

Introduction
Oil recovery from mature waterfloods can be enhanced by combined injection of water and gas in an alternating (WAG) or simultaneous (SWAG) scheme. However, less experience has been gained on SWAG compared to WAG and hence the process is less known.

SWAG appears to provide better control of gas mobility than WAG, resulting in improved sweep efficiency in addition to more steady gas production and GOR response. In some oil reservoirs (especially offshore) a relatively small amount of produced gas and/or a rapidly falling gas rate makes it uneconomical to develop a gas export solution. It is also not economically viable to supply gas to these reservoirs for a continuous gas injection scenario e.g. remoteness from source of gas. Re-injection of the produced associated gas together with water to provide reservoir pressure support, better sweep and hence increased recovery, appears to be the best overall solution. In these cases, SWAG offers a solution whereby a changing mixture of injection fluids could be used and a total void replacement could be achieved by combining produced gas and water supplemented by sea water to the required injection volume.

From environmental point of view, in cases where export of gas is not economical, re-injection of the produced gas in a SWAG scheme can significantly reduce or in certain cases eliminate the need for flaring. SWAG injection can cut both capital and operating costs and improve gas handling and oil recovery. It can also eliminate the need for separate water and gas injection lines to the injection wells.

[arrynillson] 18/5/2017 14:33

theprototype - I accept people can change their view on a share - I'm against people posting tosh multiple times a day attempting to dictate the bb agenda especially when their claimed motivation for posting is disingenuous as is the case with 12bn and rossannan who has the most ridiculous contrived back story I have ever seen on a bb!

[theprototype] 18/5/2017 13:16

arrynilson

I hope by now that you appreciate that I play a straight bat and am simply trying to review an investment opportunity. I stand by my criticisms of DL, NR and LGO in the past and don't see any inconsistency in thinking Leo Koot could take the new company forward. I originally invested in LGO in Jone 2014. sold in Sept 2014 and have had no position until recently as I see that there is a very good investment argument for CER now for all the reasons I have outlined.

None of us will know until August but as always on AIM it will be an interesting ride.

[dodge city] 18/5/2017 13:13

ross - what would you expect him to achieve in the next month.

[dodge city] 18/5/2017 12:55

Meet the new boss, same as the old boss.

[theprototype] 18/5/2017 12:42

dodge city

All sociopaths have intelligence and are highly manipulative. Unfortunately they don't use their intelligence in productive ways as LGO's history amply illustrates.

[dodge city] 18/5/2017 12:25

In Koots favour he is staking his reputation on Trinidad. No one will care about what he has achieved previously if he fails to deliver here.