Addax Petroleum (fka AXC)

[Julius Erving]

OPEC bullish on oil demand in H2 2016, says current price slide 'temporary'

http://www.platts.com/latest-news/oil/london/opec-bullish-on-oil-demand-in-h2-2016-says-current-26513522

https://www.thecable.ng/oil-prices-will-rise-september-says-opec-president

For the people that think that Peter is hiding under his desk... I don't think that is realistic. Since he does not care about us, like some said for ages here. I tend to agree. I think that he DOES care about his own current shares. He will do his best to save those shares, for sure. Understatement.

We are at day 113 in the mean time.

Let me add to this (common sense): if Peter is really hiding under his desk, there is only ONE person in the world he would be hiding for, and for two reasons:

SIR Emeka Offor.

1. A MAJOR, MAJOR shareholder
2. Somebody (with all kinds of 'powers') you don't mess with (?)

I know, I know, one should also not mess with "The Doctor", but I'm not sure if Peter is hiding under his desk for me, or for one of my illustrious poster colleagues here on Ihub.

Did I convincingly put this fairy tale to sleep?

And if Peter is not hiding for us, I'm also sure that he CAN'T hide for SEO... I'm even of the opinion that SEO already knows what is going on right now, regarding drilling results, and regarding why it takes so long to disclose anything, i.e. he knows about the 'ongoing talks'.

Or is the PR guy still on vacation, after all? A 68 day holiday as of today...

It is imo 99.97% certain that there is drilling result related negotiation going on.

Peter would also be in violation for withholding information regarding results, right? If he hasn't got a valid reason for withholding information for so long?

I know, in the JDZ we also had to wait very long, but it did turn out that they (the Chinese) were studying to make something of their (almost?) half a billion dollars invested, right?

And don't forget about the news articles from oilnewskenya that did not make sense about drilling the second target. Before spudding CEPSA said: no second drill, whatever the outcome. 11 days into drilling suddenly it depended on the outcome of the Tarach-1 result... It should have been the other way around (all according to the very website that came with the rumor about the dry and abandoned hole).