We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The witching hours is almost upon us
Cut off time is 12:00 midday today 21st /07
get some in!!
Cut off time is 12:00 midday saturday 21st /07
Those who have been too busy at work etc may get some time saturday to reflect. last time Sunday was the cutoff and a few disgruntled posters on a Monday mentioned the cut off was too soon!!
I think that's probably enough.
Le major ur Q is in
Hey peoples we are slowing down....poets day??
Q:
Assuming the cost of bottling and hauling FF is relatively low, is there any intention to "Release The Kraken" (i.e. flow Icewine2V and monitor the HC's) following the current shut-in, as you did at the end of summer last year?
Yes it is in
MikeMike Do we have a question in yet that asks specifically who owns the analyses and other intellectual property? If not, can you add this please? Thank you.
CJML
I believe Dw confirmed before anyone new that PB was unwell that 88e owned the analysis not BEX.
PB had done all the work to prove that icewine had the resource and selected what he believed was optimal exploration drill for W1, the results of which encouraged IW2. I suspect the Tool box with the science update plus information of 'flare cuts' on the old wells going back many years is a treasure trove a real legacy.
Thanks Mikemike, questions about PB might feel a bit raw, but he was pumped up as the person for the job, maybe his work had already been done.
Chartman
You never know I could be aberdeenman. I always get the winning raffle numbers:))
I never did get to know if people actually did submit their data as demanded in order to attend and if they then got spammed
mikemike - hope you are not turning into another Abman, he started out with coordinating a Q & A, look what happened then he turned into a spiv.
Only kidding doing a brill job, as long as you don't have a raffle that is!
47 good questions so far. HC are now coming to the party, with some industry guys asking some very good questions that we may all benefit from.
If you want a great answer ask a great question in the best way you can
Every Q & A this far has been an excellent terms of reference. More of the same would be welcome.
Thank you
Deadline saturday 21/07 12:00 mid day
I am not going to be around for most of the day, i will catch u with Q & A later
cjml your Q is in
Hello V111JAS - great post. Sums up position, however, I see more fireworks in chest. Let's see. As ever, very best to you in this. R :-)
Hello Reaper !
This little hiccup has been a bit of a disappointment , perhaps that`s an understatement (
I can`t add any valued `Oily comment` , but I`ve been reading the BB with interest . It seems to me that a simplistic summary is that our timelines have been somewhat extended .
On the negative side there is clearly some concern about money , SOA rebates and delay , I`m not thinking about further dilution at this price , and I hope DW is as good as his word in this respect .
Let`s have a bit of a farm out !
On the positive side ; the oil hasn`t gone anywhere , the short term traders have , we`ve a huge potential acreage , we must have learned something from IW2 , 3D announcement soon , and at least 4 probable target opportunities .
I`m resigned to what might be another c.6/12 month wait , but still reasonably confident that it will be worth it in the end .
Strangely the best thing to come out of all this is perhaps the current share price . I`m hoping to buy some more stock when I can and stick the certs under the mattress . Fingers crossed that we might get a very nice surprise next year .
Good luck to you , and all LTH`s .
Hi V111JAS - Loads in our resource portfolio now. VGLA
Le Major - 15.23 : A very interesting theory (?) I`m wondering if DW will be able to expand on that .
Des45 the State has reserved funds in case of delay as a backstop
http://www.alaskajournal.com/2018-06-27/bill-pay-tax-credits-signed-lawsuit-puts-bond-sale-hold#.W0aCRRnauL8
whether it will to that I do not know.
How has the death of PB impacted operational decision making if at all, & who has taken over the responsilbilities PB had with regards to the jv?
Wow, sp is a shocker. Thanks mikemike for doing the Q&A . Tough job and full respect to you bud. Gonna take a bit to justify DW's worth in this climate. Good luck all.
my "vision" is that the frac is shaped like a piece of pie, with a slice taken out in the protected "shadow" of icewine1. However, the slice/shadow may be so thin as to have had no material effect.
Good question Major I was having the same thoughts last year. Presumably IW1 is filled with concrete and will have no effect but it is still very close.
le major ur Q is in
ok thats je done form the day i will add new ones tomorrow.
Guys i am very enthused form what i have seen
Broc How would he know if would be over subscribed ahead of the subscription?. Underwriters would starve if this was foretold?