IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
Any idea when is interview, doesn't seem to mention here
https://twitter.com/zenithenergyltd
Stabilized flow of 150-250bopd will be great in my view.
@Zebediah16 - Initial flow from that layer was mentioned in this RNS:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/ZEN/13836467.html
looks people are getting messages/call from DS now.
Another one:
https://twitter.com/paul_rx8/status/1083347545487826944
https://twitter.com/GrannySnuffer/status/1083337100974534656
Thanks SEA7.
Just looked through a RNS, looks after deepening, flow could be upto 700bopd
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/ZEN/13836467.html
Yes, it used to be 5bopd as mentioned here:
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/ZEN/13827900.html
I also think it is a good start, I think last RNS said around 14 days for selecting a local rig, so I assume once decided that will be on site quickly as compare to BD260, so hopefully we will start seeing some results and SP will react accordingly.
And yes, 4 rigs in total working at one stage, I doubt any other some small cap O&G company will have that. But lets see.
https://twitter.com/zenithenergyltd/status/1082981324363915264
Good post iceberg
https://icebergshares.blogspot.com/2019/01/aaog-rumour-rancour-and-raisings.html
I agree. They have funding in place now and also generating around 400k or so per month.
Soon they will have 4 rigs in total on site, so I think it will do better, I hope they will start finishing wells and increase production, team has more knowledge of field now - did 2 studies and had experience with few wells so far.
Further, if memory serves me right they have around 32.1m 2p reserve and I think it is based on Muradkhanli and Jafarli filed, Zardab not included in it, please someone correct me if that’s not the case. If that's the case then 2p reserve will increase also.
It will be a disgrace if company has raised money at nearly 40% discount to Friday's close and also raising (£4m) almost near to max allowed i.e. £5m.
Anybody has any confirmation from Sefton?
I think interview is old, may be published just 3 days back? e.g.
"and the last operation we shall perform during 2018 will be the deepening of well C-37 in the Jafarli field to test the Upper Cretaceous formation."
@theiceberg I thought that company might raise money after mengo not after Djeno. If that's the case then even better. Though I know he mentioned that not at current price but at better price and small amount.
I agree with iceberg's post below that issuing few shares to raise some money at this stage will have any impact:
https://icebergshares.blogspot.com/2019/01/aaog-no-ramp-intended.html
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=AAOG&ArticleCode=cuby4ofr&ArticleHeadline=Result_of_General_Meeting
I thought so Dadsbatty, mine was just tongue and cheek comment.