Rift Oil Share Discussion Threads

[offerman] 06/7/2015 16:07

Hi All, Not sure if anyone still reads this but i lost a fortune with pvr . I bailed out most of them and gone in heavy with a company called LGO. I been invested since the start of 2015 from 3.8 then bought all the way down to 2.04p. Excellent producing little company.I could go on in droves as to why but best dyor. The two massive key points are:Neil Ritson ( running the show)Massive Goudron field recent CPR went up 5 fold to 800mboip. ( that was only revised from a 7/7 strike rate hitting oil out of 30 well campaign ( now 60 well campaign)Further cpr in two years with further upgrades to come. Flow rates from pad 4 shortly. Buy and keep them for 8-10 years although i think they will get bought out within the next three to four years ( just like rift did).LGO is the best small aim oily out there! Don't forget dyor.

[2bolty] 26/12/2014 11:30

cheers hyper ive had an terrible aim year lets hope 2015 is better

[p3dr036] 26/12/2014 10:28

Thanks hyper! Same to you and all the other ex-RIFTers

[offerman] 26/12/2014 10:13

Cheers Hyper, you to. Hurr does look a great outfit and those flow rates ......

[offerman] 27/9/2014 07:05

Hyper, For you, not sure if posted on that thread.http://www.proactiveinvestors.co.uk/companies/news/72561/update-hurricane-energy-looking-to-lancaster-field-development-from-position-of-strength-72561.htmlHurr

[offerman] 02/9/2014 06:14

Nice rns from Val today.......

[offerman] 30/8/2014 10:05

Freedosh/Hyper , Our SUMM rather nicely of late, and looks like more to come.

When is the potential catalyst, i.e clynical trials stage results?
I watched the interview from Breakfast a while back with intrepid interest.
I managed to get in at £1.15.

Also picked up PVR at 1.05,1.15 and last lot 1.25.

Reckon much more to come on both of those.

Still have to many PCI and should of offloaded the lot in to summ and pvr when i made my first purchases.

Maybe if they continue drilling Shireen on the Dinarta block they might finally get some luck and find oil. There last 6 drills all dusters.

If another duster them i`m fully out of them.

[freedosh] 28/8/2014 18:14

No, peter. Out of ORE a long time back. Got concerned when they bought the other site that things were not so good.

[petercrosby] 28/8/2014 16:08

Freedosh

Are you still holding ORE?

[offerman] 27/8/2014 09:37

Man U lad, yes was in Kea, but thankfully on by £ 300 worth and luckily sold before bad news and put in to Val.Normally i have shed loads in these type plays and end up losing most . MTA . Pci This time though i have been somewhat more fortunate by not have lots in Kea. Mentioned earlier in the thread where my funds are placed.

[offerman] 26/8/2014 14:37

Thanks LR2, yes i noticed this to as on my Mon list.

[lr2] 26/8/2014 10:00

OM, major oil find by COP announced today but well suspended due to hole conditions. If COP revisit soon and sidetrack successfully this should make a significant impact on the share price. Keep a careful watch on this one.

"Using known reservoir and fluid parameters from equivalent formations in the Gulf of Hammamet, the internally estimated most likely recoverable prospective resources discovered by the EMD-1 well are approximately 100 MMBO."



P.S. I expect OEX to produce good Cambay 77-H oil / gas flow figures within 3 weeks.

[manulad] 16/8/2014 20:26

Offerman are you in Kea?

[offerman] 16/8/2014 16:07

Hi LR2, most certainly will although oilex seem to already of had an astronomical rise .

[lr2] 16/8/2014 10:25

OM, may I suggest you do some weekend research on Circle Oil (COP) and Oilex (OEX) as both these companies have the potential to improve their share prices in the near future. Good luck recouping those losses.

[offerman] 16/8/2014 10:18

How quickly things can start to change : i have been to ties to one company for a long time pci, still in then but diversified somewhat :PvrSummCazaValUkogGkpWhat a good week for a change, up around 5 k£ but some way to go to recoup over 150k of loses!

[manulad] 16/8/2014 08:02

Kea Puka 3 drill to be announced on Monday / Tuesday

[offerman] 15/7/2014 16:14

What is SUMM`s balance sheet like?
Prospects look good from what i have seen for the second phase and success so far with testing.

Are they doing trials soon?

I`m not up on them and would need to DMMOR on these. Notice they have dropped a tad since consolidation.

When is a crucial time frame for catalyst to propel these?