Savannah Petroleum Share Discussion Threads

[family values] 19/4/2017 08:10

Cannot buy anything,

Gulp.

Some mega sells going through.

WTF

[family values] 18/4/2017 12:38

My 38.25p trade has just gone thru 93.4k. Just the 38.5p hopefully and that's it for me.

[dorset64] 18/4/2017 11:54

Be good if anyone is able to go along to the presentation if they could post their views on here after.

That said Pro-ac will by the next morning post up their own views on it upon their website albeit, always good to see if they will put the full presentation slides on the SAVP website too.

[family values] 18/4/2017 11:51

Not easy to buy
I have sizeable orders in at 38.5p and 38.25p.
Funny to be hoping for it to dip.

[family values] 18/4/2017 11:29

I'm looking forward to the presentation.

What are the chances we will have news before the presentation?

Seismic, farm-out, or both?

Roll on Thursday.

[mdumont] 18/4/2017 10:43

Thanks for the info. Do you know if it's streamed live?

[aim_trader] 18/4/2017 10:18

Savannah Petroleum will be presenting to investors at the upcoming Proactive One2One Forum this Thursday at the Chesterfield Mayfair Hotel from 6pm. To register to attend please click here:

[family values] 18/4/2017 08:49

Nice encouraging start to the week.
Buyers appear very keen
3D seismic due
Farmout deal news due
Drilling update due

[family values] 16/4/2017 15:41

Hi neo

I won't pretend to have the inside track on this one.
There are a number of very well read posters.

I agree it looks very promising. Fund raising was at 38p too.

The wells are cheap, 4 to 5 million dollars each.

I think the initial plan is for 3.

There was talk of bringing on a sugar daddy partner, to share risk, this makes excellent sense and the deal could well bring in some serious moulah. A late Easter egg on Tuesday perhaps?

Hopefully some healthy increases in the weeks ahead.

Groundwork has already started , drilling is planned well before end of June and the drilling should take as little as 3 weeks.

They are targeting 3 reservoirs in the well, if we hit hydrocarbons you will be smiling. The target is relatively low risk, with a success rate quoted at 75%.

Much to look forward to this summer.

[neo26] 16/4/2017 00:13

Hi family valuesGlad I took your advice on GED.This stock looks tasty, Company raised $40m last July, how much do they have and also how much will it cost for drilling campaign?

[family values] 14/4/2017 07:53

Sorry Divmad, have edited my post, slightly less cryptic now!

[divmad] 14/4/2017 07:08

So Malcy is your new robot copy! LOL.

[family values] 13/4/2017 21:49

Excellent interview with the CEO

Looks like a driven young man, not a slick Willie type

2.2 billion barrel resource
75% success rate for recent drills
Low cost producers
Well developed infra-structure
Very favourable political enviroment
The CEO suggested a break even price of about 35 dollars a barrel
A billion dollar resource targeted in the first year.

[family values] 13/4/2017 21:37

Most of the recent press after the update is just robot copy

this has a bit more filling

[...]

All highly positive

"Savannah is strongly financed and has been supported by its blue-chip shareholder base, which includes CEO Andrew Knott with significant skin in the game.

Now that things are starting to happen at SAVP, I expect much more news from the company as they get closer to giving more news on seismic and of course when the drill bit turns.

This "slow burner" is about to get a whole lot more exciting – when a space in the bucket list appears, it might just be the perfect time to be a "super-sub"."

[divmad] 13/4/2017 20:04

Don't disagree with most of that, except drilling to the first target level (Upper Sokor) could take just 3 weeks.

[family values] 13/4/2017 16:01

Divmad, could be MMs fishing for stock.
There have been a lot of buys appearing as sells because of the faux spread.

If we get positive news, the next spike up will be dramatic
Hopefully a juicy seismic interpretion in the next week or two will get us over this consolidation phase.
, I'm anticipatingr 50p on spudding confirmation.

I anticipate about 4 to 6 weeks for the first drill, assuming no delays.

What frequency of updates we get during the drill will be interesting as the 3 targets are breached.

A run of RNS releases declaring hydrocarbons, a TD summary, flow tests, a pound anyone?

A few months of fun to look forward to.

[divmad] 13/4/2017 14:31

Seems like there's a size seller around the last few days. Expecting a large after hours trade to confirm.

[family values] 13/4/2017 14:24

Had to buy some more. Struggle to get the final batch.
Turn coming.

[family values] 12/4/2017 15:21

18324 was my buy

[family values] 12/4/2017 14:50

False spread
A lot of the sells are actually buys.
Very quiet here considering news is due fairly soon.

[sja123] 11/4/2017 16:27

Shore Capital reiterated their Buy rating today

Panmure Gordon also have a Buy rating from Sep 16 with a 70p tgt

[sja123] 11/4/2017 10:53

Of particular emphasis in this interview is that this will be a a "campaign" of drilling once started and is expected to be continuous.....lots of news to come here and an interesting year for those with the patience to stick around!

[zengas] 11/4/2017 10:43

Gathering momentum and not long to wait. Might be some trading in and out, but I think any little selling there is, is being snapped up and tucked away.