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littlejohn

04/11/23 5:21 PM

#12091 RE: spec machine #12090

Thanks for input,,,EGY appeared slick in

maybe using their Opec+ connection

to possibly guide to later lifting

to 2nd quarter than in 1st quarter...

Start of April for a lifting netted about

$5/bbl. or more for that sold oil...

But it may have also lowered share

price with lower expectations for

1st quarter of 2023 results...

TGA, from what I read, was always

going to collect on the big concession

money due, with their capex spending

to recover those gains...A lot of mis

info was floated in postings versus

the Filing info put out by TGA...

EGY share price has entered the dead

zone for any support from paying dividend

because it is less than a month since it

went Ex-dividend...Any playing for nabbing

the dividend can wait to enter again...


Kinda looking like it wants to test around

$4 to $4.10 area for bottom of channel...

It has been good gravy from that area

in past several months...


So we watch...LJ
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littlejohn

04/21/23 2:44 AM

#12175 RE: spec machine #12090

Wag, watching for oil price rebound Friday

to start with new June contract...

WTI may move back into the

80/bbl to 85/bbl range,

and Brent into the 85/bbl to

90/bbl range by mid May...

Gas prices at pumps already reflect

that pricing after recent oil price

rise and then fall this week with

the expiring May WTI contract...

Might still see the gas pump prices

moved up a little more for the busy

travel for Mother's Day weekend...

Oil companies still have to get thru

month end expiration for options

on Friday,

so should act like good little soldiers

and stay mute with any renewed

strength in oil price on Friday...


So we watch...LJ