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Anglo African Oil and Gas (AAOG)
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- Lemon Quarter
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Anglo African Oil and Gas (AAOG)
Web Site : https://www.aaog.co/home
Will be interesting to watch this one as the drilling starts very soon. Spud of their big well should be this month or next.
Broker Note : https://goo.gl/qvQrFR
Will be interesting to watch this one as the drilling starts very soon. Spud of their big well should be this month or next.
Broker Note : https://goo.gl/qvQrFR
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
Also, a conference call today for anyone interested, 3pm UK time.
https://www.investegate.co.uk/anglo-afr ... 00095585Q/
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https://www.investegate.co.uk/anglo-afr ... 00095585Q/
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
Rig mobilises on 26th June.
So spud of the well should be early August.
So spud of the well should be early August.
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
https://www.investegate.co.uk/anglo-afr ... 00093226S/
Update on workover of TLP-102 and rig for TLP-103
Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the results of further work on the TLP-102 well ('TLP-102' or 'the Well') on the Tilapia licence in the Republic of the Congo.
TLP-102
Well TLP-102 was opened on 17 June 2018 wi.........................................
Update on workover of TLP-102 and rig for TLP-103
Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the results of further work on the TLP-102 well ('TLP-102' or 'the Well') on the Tilapia licence in the Republic of the Congo.
TLP-102
Well TLP-102 was opened on 17 June 2018 wi.........................................
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
Good news, now it all starts.
https://www.investegate.co.uk/anglo-afr ... 00042332U/
11 July 2018
ANGLO AFRICAN OIL & GAS PLC ('AAOG' or the 'Company')
Rig Mobilisation for Multi-Horizon Well in the Lower Congo Basin
Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the mobilisation of the SMP-102 rig which has been contracted by the Company to drill the TLP-103 well on the Tilapia field in the Republic of the Congo.
Specialist transport contractor Ocean Express, which is responsible for delivering the rig to the site, has notified the Company that mobilisation is underwa.........................
https://www.investegate.co.uk/anglo-afr ... 00042332U/
11 July 2018
ANGLO AFRICAN OIL & GAS PLC ('AAOG' or the 'Company')
Rig Mobilisation for Multi-Horizon Well in the Lower Congo Basin
Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the mobilisation of the SMP-102 rig which has been contracted by the Company to drill the TLP-103 well on the Tilapia field in the Republic of the Congo.
Specialist transport contractor Ocean Express, which is responsible for delivering the rig to the site, has notified the Company that mobilisation is underwa.........................
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
Rig is on its way to the drill site.
You can catch the latest updates from the AAOG Twitter.
https://twitter.com/angloafricanog
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You can catch the latest updates from the AAOG Twitter.
https://twitter.com/angloafricanog
.
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
Spud should not be too long away now. Up nearly 30% already from a month or so back, should hit 20p I think prior to drilling results.
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- Lemon Pip
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Re: Anglo African Oil and Gas (AAOG)
proselenes
This do not look like a sell prior to result of first zone.
From Twiter
#AAOG, 500 %, 1200 %, 3700% uprise potential.
3 Drills, 1) Mengo low risk Confirmed 75p 2) Dejno nearby production by Eni & SOCO 170p 3) Vajni wildcat 500p
This do not look like a sell prior to result of first zone.
From Twiter
#AAOG, 500 %, 1200 %, 3700% uprise potential.
3 Drills, 1) Mengo low risk Confirmed 75p 2) Dejno nearby production by Eni & SOCO 170p 3) Vajni wildcat 500p
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
Yes, its a very exciting drill.
The R1/R2 in the first target zones should really be a bolt on........will certainly underscore the present price. Djeno the second target zone is the big upside which looks possible and if it strikes then 5 to 10 bagger from the current SP is possible........and the final deeper target is massive if it comes in then its fireworks time.
Striking in the R1/R2 with good pay is the insurance........that comes in then no need to top slice its a free ride through the bigger yet more risky next two targets which could send the price up anywhere from 5 to 50 times the current share price.
Looking forward to spud and then results - I believe for sure AAOG will update after each target is done...........unlike MATD where I am expecting nothing until the complete drill is completed.
The R1/R2 in the first target zones should really be a bolt on........will certainly underscore the present price. Djeno the second target zone is the big upside which looks possible and if it strikes then 5 to 10 bagger from the current SP is possible........and the final deeper target is massive if it comes in then its fireworks time.
Striking in the R1/R2 with good pay is the insurance........that comes in then no need to top slice its a free ride through the bigger yet more risky next two targets which could send the price up anywhere from 5 to 50 times the current share price.
Looking forward to spud and then results - I believe for sure AAOG will update after each target is done...........unlike MATD where I am expecting nothing until the complete drill is completed.
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- Lemon Pip
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Re: Anglo African Oil and Gas (AAOG)
I just had a look at the May 2018 company presentation. Slide 8 has sketch of the prospective horizons where the reservoir is illustated as a cave/pool of oil waiting to be drained. It is typically how someone would illustrate a reservoir if they had no concept of how they actually work. While I know little about their acreage, the fact that this figure makes it into an official presentation is a significant red flag to me.
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- Lemon Pip
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Re: Anglo African Oil and Gas (AAOG)
FabianBjornseth
Page 8 of the May presentation:
http://www.aaog.co/archive/presentation ... pdf#page=8
If there is little information available, there is not much one can do.
Page 8 of the May presentation:
http://www.aaog.co/archive/presentation ... pdf#page=8
If there is little information available, there is not much one can do.
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
I think its supposed to visually inform people there are 3 targets.
Its nothing more than that..............
Its nothing more than that..............
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- Lemon Pip
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Re: Anglo African Oil and Gas (AAOG)
That's true - I guess my problem is that it wouldn't be hard to make a cartoon showing the 3 targets that is geologically sound, like these: https://petrowiki.org/File:Vol5_Page_00 ... e_0001.png
The person who made slide 8 either didn't know or didn't care to do it, and I don't think it's a great sign either way.
The person who made slide 8 either didn't know or didn't care to do it, and I don't think it's a great sign either way.
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- Lemon Quarter
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Re: Anglo African Oil and Gas (AAOG)
Moderator Message:
Please do not post text from other sources without a) a link and b) their permission, should it be needed. I have had to remove this text. Mel
Please do not post text from other sources without a) a link and b) their permission, should it be needed. I have had to remove this text. Mel
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
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- Been thanked: 389 times
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
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Re: Anglo African Oil and Gas (AAOG)
Above chart is from the official AAOG Twitter account (details posted earlier)
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
- Has thanked: 58 times
- Been thanked: 389 times
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
- Has thanked: 58 times
- Been thanked: 389 times
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
- Has thanked: 58 times
- Been thanked: 389 times
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
- Has thanked: 58 times
- Been thanked: 389 times
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