Some of these trolls make me laugh so hard! Always one liners and always the same content! Nothing backed up by facts, just one liners from fresh accounts. Unfortunately for them, Roxi are about to take off big time. They will be missing the boat and will then end up on some other board spouting exactly the same pointless rubbish. I wish all genuine holders the best of luck this week. We should have wireline logs this week or next at the latest and then the all important A6 flow test. Then time to spud A7 and 142 and possibly a progress report on Munaily and 801. A very big few months for Roxi coming up! You got to be in it to win it!
RXP being very cautious with A6 drill has been worth the wait, i missed the update RNS, only just had another read through, our reserves update , which is now very outdated will add many millions of barrels into Roxi,s Portfolio , if we were valued at just the shallow reserves a few months back , when they add in 141and 142 , A5,A6, 801, this is going to transform the value underpinning roxi, going forward
GLA LTH exciting times ahead, the value will eventually follow, im happy to wait for all the parts to fall into place
Yes completely agree and with wirelogs news coming shortly. Everything falling into place now. I am anticipating a rise in the SP next week leading to news which could come any day and if it's what we expect any doubts about the deeps will disappear fast and this will fly. Time will tell that's for sure. Good luck JEM.
It is all about pre-sales! If we can sell 1 years production on each of the deeps, we will have enough to drill A7 and the rest of the shallows needed to meet the full production licence requirements. I personally feel that if A6 flows well, we will start to do multiple deep drills as quickly as possible. It was in the final results that they may start to do this. This could really start to snowball over the coming year imo. The oil is there and how quickly have we flowed 141! Remember, 143 took 3 years to get up and running and 141 has taken a matter of weeks! I think the method for drilling BNG is improving all the time!
Hi patch6, don't think the BOD will mind to much about flowing the deeps now and only getting around $10 a barrel. Remember if this field is as big as it looks right now it could flow for 20/30 years. So it won't hurt to get A6 etc up and running, better to gain some income from it until the full licence in mid 2018. JEM.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.