Savannah Petroleum Share Discussion Threads

[bushman1] 03/4/2018 20:30

Give it time mate. Honestly, check out what's happening in global markets. SAVP is now back on line. There is nothing you or I or anyone else can say now.

[zengas] 03/4/2018 12:58

"Drilling and logging operations are expected to take c.35-40 days, and the well is planned to be drilled to a total depth of 2,114 metres.

The well is designed to evaluate potential oil pay in the Eocene Sokor Alternances as the primary target, with the secondary target of potential oil pay in the Eocene-Oligocene Upper Sokor being considered as upside. "

We hit the secondary target first so could be in this in under 3 weeks.
Then into the Eocene Sokor alternances (possible 5 targets) and if in line with the Chinese average circa 24 days.

"The Upper Sokor is the shallowest play identified to date in the Basin, with most prospects and leads identified to date occurring at depths of less than 1600m, compared with depths of about 1600m to 3500m for the other plays". (cpr)

Chinese were making the eocence discoveries in circa 24 days.

The upper and lower yogou are the next deeper potential targets.

[divmad] 03/4/2018 12:52

What value could be attached to circa 200mmbls P50 oil in the 3 Niger wells, if all successfully drilled?

[honestmarty] 03/4/2018 09:30

Baldie deserves to be given a rough ride,
But,
He has delivered.

[bushman1] 03/4/2018 09:16

Well, nothings really changed. We were all aware this spud was taking place, AK delivered as promised, now it's up to the drill bit.

Markets are hit by the Chinese / US trade deficits scenario. This well will take approx. 30 days by which time there should be a more settled situation hence investors then looking to invest ! At the moment that ain't happening too much.

And what better company one hopes than SAVP, with, touch wood, one of three drills securely in the bag !

[rampair] 03/4/2018 08:29

It appears we’ve been overlooked

[honestmarty] 03/4/2018 08:03

Lol, and so the buys come flooding in.

What a damp squib this is turning into.

[honestmarty] 03/4/2018 07:25

Finally we are in the game.
Looks like no news until drilling and testing complete.
Can’t be too many pubs in Niger for loose lipped drillers to let slip an update.sit back and wait the 40 days.

General market is in meltdown so time for nerves of steel.

Well done Baldie!

[bad gateway] 03/4/2018 07:19

Any ideas on what happens when we do?

[honestmarty] 02/4/2018 19:42

Any thoughts on what happens if we don't get a spudding RNS in the morning?

[bushman1] 28/3/2018 09:42

IH, With a successful Niger drilling programme ~ three wells to begin ~ and option/possibility of drilling further wells, where do you see the share price in six months time ?

[lithological heterogeneities] 27/3/2018 16:57

still nothing

[honestmarty] 27/3/2018 10:00

Any idea on the size of their holding?

[soultrading] 27/3/2018 09:49

Looks like price being held... lots of seriously large trades going in, 1.2 million at least above price??? could be nothing, could be something. Maybe they will let it fly just ahead of call so investor have to pay more haha

[buffythebuffoon] 27/3/2018 09:48

Are we there yet dad?

Buffy

[honestmarty] 27/3/2018 09:46

Look at the buys, and it's DOWN FFS!

[honestmarty] 27/3/2018 09:31

500k buy and it GOES DOWN.

What is an honestmarty to do?

Andrew you plonker!

[buffythebuffoon] 27/3/2018 08:23

At least he’s got two eyes.

Buffy

[honestmarty] 26/3/2018 22:55

It stops me from sticking pencils in my eye Zengas.

As you well know AK will reveal nothing not already in the public domain.

Hot air and waffle awaits.

[zengas] 26/3/2018 22:35

Marty, if it tells you everything you need to know then why are you asking questions day in, day out on here?

Illogical lithological !

[honestmarty] 26/3/2018 18:46

No Zengas, I have no desire to hear anything further from the Scottish windbag.

The share price has collapsed 20% from the RTO value, that tells me everything I need to know without the added irritation of listening to Iron Bru breath, and value accretion.

[zengas] 26/3/2018 18:06

I suppose no one will get through on the investor call with you and LH hogging the line.