Solo Oil Share Discussion Threads

[rayrac] 06/2/2017 08:02

100+????

Eventually!

[kaisersuzae] 06/2/2017 07:55

This is going to be massive and now the oil potential. 8 to 10 time bigger than nt1. So this exceeded expectations - what now for market cap for solo....100+????

[edgein] 06/2/2017 07:43

Oh good lord! I was thinking it was going to be 16m approx about the same thickness of the gross at NT-1! Its three times that! Net pay is twice what I was hoping the entire section would be. 3.5m of net flowed 20mmcfd + condensate, now we've about 8 times that and significantly higher pressure than expected. What a result, beat everyones expectations by a mile. NT-3 is gonna be the most anticipated well on AIM for a long long time. We've got our company maker chaps! Try not to buy them all at once this morning.

Whoppy agreed, gas column and pressure much more than anticipated. I can see a reserves and resources upgrade coming for Ntorya. As JB quoted this can be developed in months.

Regards,
Ed.

[whoppy] 06/2/2017 07:21

For comparison Ntorya 1 had a net 3.5m of gas and flowed at 20MMcf and 139 barresl of condensate.
Ntorya 2 is 8-10 times bigger!

[1bonanza] 06/2/2017 07:14

Excellent Monday morning results and the rumours of an RNS this morning were bang on !! GLA on a big upside!

[whoppy] 06/2/2017 07:12

Excellent result. 50m gas zone with 25-30m net, high pressure, traces of oil. I can see a huge upgrade of reserves here. Easy 1-2 TCF.

[dandadandan] 05/2/2017 22:43

Replace hxxp: with http:

It is a good read.

[1bonanza] 05/2/2017 11:34

Found it on twitter! GLA

[1bonanza] 05/2/2017 11:31

Dan, that links not opening?

[dandadandan] 05/2/2017 09:54

Day 46 and still waiting. (45 to 60?)

We could wake up tomorrow and hear the 'JAY' bird sing, come on AEX/SOLO.

While you wait have a read.

hxxp://www.searchanddiscovery.com/pdfz/documents/2013/10488pereira/ndx_pereira.pdf.html

GLA

[1bonanza] 04/2/2017 12:00

I will be content with what's expected, could be an interesting week next. GLA

[rayrac] 04/2/2017 11:02

Gold at that depth? Lot of digging!⛏

My pref is oil. But I think we are wrong side of the continent?✈5039;

[greatfull dead] 03/2/2017 16:29

My preference is the next RNS tells that logging is complete and NT-2 has xxxtcf of gas.

GLA,
GD

[lithological heterogeneities] 03/2/2017 16:20

So RNS probably delayed due to gold swarf clogging the drillbit.

[lfdkmp] 03/2/2017 15:00

If we're getting really bullish, why not a few hundred thousand ounces of gold down there too?

[whoppy] 03/2/2017 14:50

and a load of oil..haha

[simon8] 03/2/2017 14:05

If I was a gambling man I'd put a few bob on a 7am RNS Monday morning stating TD achieved, fully cased, great gas shows, embarking on testing......

[football] 03/2/2017 13:51

and it's friday afternoon so no open trades over the weekend for traders

[greatfull dead] 03/2/2017 13:19

Jimmy,

Could be good reasons to sell. Sellers having to close their T's, or some sellers just need the money and lastly traders taking profits.

GLA,
GD

[jimmmy] 03/2/2017 12:57

people still determined to sell, it will go up regardless

[1bonanza] 03/2/2017 12:20

Narrow spread now with 0.45 paid on a dummy trade ! GLA, plenty of positive possibilities here with a possibility of simultaneous news from Tanzania and HH !!

[canny lass] 03/2/2017 11:51

I have voted my support also.

[edgein] 03/2/2017 11:50

Chart is now poised on the tippytoes of another short-term break out into the 0.52-0.56 range. However if we get even the remotest wift of gas in the next RNS I'd expect that to be vigorously smashed. Again if you divide the cap between the discoveries £7.5m looks a little bit light for the 18.5Bcf net at NT-1, let alone increasing that to close to 100Bcf if we get a good well at NT-2. If we are successful speculation will build in for NT-3 too. Fingers crossed for a good appraisal result.

Regards,
Ed.

[paulhgreen] 03/2/2017 11:06

I voted yesterday