Blimey No one getting this gold mine investment your loss and my gain folks
Here we go, RNS: Spud today 15th August 2018 Getting close to news, one way or the other. My little top up says it’s going to be good news TP
Here we go, RNS: Spud today 15th August 2018 Blimey its been a long time coming Next week is the week Folks
Here we go, RNS: Spud today 15th August 2018 Time to sit back and enjoy the ride over the next few months now Lets get that black gold up AAGO Fortune favours the Brave
Anyone else stating to getting excited here Progress finally boys and girls the Rigs finally arrived No more pain after a long wait
Re: Early days 'With all that local experience, TheBuffoon, why has AAOG f...ed up?'Well for a start, having (presumably) husband and wife as general manager and assistant general manager is not a great idea and does not create a good impression. Anyway, a bit of a lift today but still significantly down. Africa - 'White investor's grave' (see Acacia Mining).
Re: Early days With all that local experience, TheBuffoon, why has AAOG f...ed up?
Re: Well below radar Pretty small scale wells don't you all think? I cannot get excited to buy.
Re: Well below radar Big seller finally gone and should get confirmation tomorrow.
Well below radar 40p pre spud
Re: Lowest in 5 years In any case it has dropped from 30p to 18p in the past month or so, which is not great. No one said it would be an easy ride....I also learnt today that another African-based investment of mine de-listed from the LSE this week - no wonder they call Africa the White Man's Grave.
Re: Lowest in 5 years " Checked the 5 year chart and this is the lowest it's been ."=======The company only listed on AIM in March 2017 m8, there is no 5 year chart.
Re: Lowest in 5 years "Anglo African Oil & Gas plc, an independent oil and gas developer, announces that testing of the R2 reservoir in well TLP-102 has confirmed the presence of hydrocarbons and pressure within the reservoir. The Company has reperforated the well albeit without achieving flow. Accordingly, AAOG will evaluate the data accumulated during the perforation to determine the best solution and identify further stimulation techniques with the intention of bringing this well into production. As previously disclosed, the next stage of the fully-funded work programme is for the Company to drill a new multi horizon well at TLP-103 in the R1 Mengo sands which will also test the deeper Djeno sands. In the meantime, initial steps to optimise production from TLP-101ST have increased the flow rate of this well by 40 per cent. from approximately 32 bopd to approximately 45 bopd. AAOG will shortly be seeking to further optimise the flow rate of TLP-101ST by the application of more advanced stimulation techniques."I think the market is disappointed that re-working the well didn't produce more and that the new well did not flow oil.
Lowest in 5 years What's going on with this company. Checked the 5 year chart and this is the lowest it's been .
Re: Early days I presume the two Bourgoin's are married/related. Personally I would not have husband and wife, or however related, as General and Assistant General manager - potential conflict of interest, undue influence etc etc. Staff are hard to come by in Congo Brazzaville???