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Thanks Degsy. Interesting video. All the best
Sab watch this prezzo. Covers the North slope discoveries https://twitter.com/Liamaim/status/1104137768031133696
The seismic was interpreted by Otto. So would be best to go with what they say...
http://www.ottoenergy.com/site/PDF/2504_1/OttotoDrillLargeNanushukProspectinAlaskaRevised
OTTO TO DRILL LARGE NANUSHUK OIL PROSPECT ON ALASKA
NORTH SLOPE IN EARLY 2019
• Otto’s technical team has generated a 400 MMbbl gross best estimate prospective resource
target on the Alaska North Slope
• Drilling target is a direct analogue to the Horseshoe-1/1A oil well drilled in 2017#
• Horseshoe-1/1A is part of the billion barrel plus Nanushuk oil play-fairway, one of the
largest, most exciting recent conventional oil discoveries on the Alaska North Slope#
• Otto has secured well-funded consortium partners to execute the drilling
• Otto has increased its working interest to 22.5% in the prospect leases
http://icebergshares.blogspot.com/2019/03/88e-winx-1-on-verge-of-greatness.html?m=1
interesting in that Ben has embarrassed himself with lack of knowledge for click bait?
nope, certainly not at this current drill
Hi Degsy. Thanks for replying. Do you know how many of them drill were commercial?
http://www.valuethemarkets.com/index.php/2019/03/06/red-emperor-resources-beware-ides-march-rmp/
Thanks vm DP much appreciated.
GL
Watch the Rmp prezzo. It is unprecedented to have such prolific oil strikes as the North slope has. Bare in mind this figure includes appraisal wells that step out from existing discoveries. Basically to date where ever a drill goes in the ground it strikes oil in the north slope.
Hi,
I did ask earlier on about the 26/26 drills. I have looked on line but not getting much joy.
Could someone be kind enough to answer my question please?
I realise that my first post may confuse so have edited:
Our recent target depth RNS says:
"The Winx ..... with a GROSS MEAN unrisked prospective resource of 400 million barrels"
But the same target depth RNS from 88E says:
"Winx-1 ...... will target GROSS BEST estimate prospective oil resource of 400 million barrels"
'Gross Best' estimate and 'Gross Mean' are different things.
Eg. if you have three estimates:
'A' Low 'B' Best 'C' High
'Gross Mean' is = (A+B+C)/3
Do we believe 88E are correct?
Will they side track and drill down further to 8000ft?
https://www.ogj.com/articles/2017/03/horseshoe-discovery-extends-alaska-north-slope-play.html
Happily signed!-good luck
Hi mate do you have a link to the latest post by iceberg blog please?
well we're bang in the middle. We have Armstrong on the right, Repsol on the left, Conocco above and oil search below us. Were in the "middle". Armstrong applying and acquiring licenses around us also speaks volumes. Wonder why?
Guys - relatively new to Alaskan prospecting.
Any other companies looking in the same area as RMP please?
Cheers.
GLA.
Our recent target depth RNS says:
"The Winx ..... with a gross mean unrisked prospective resource of 400 million barrels ("MMbbls") (126MMbbls net to Red Emperor) "
But the same target depth RNS from 88E says:
"Winx-1 ...... will target gross best estimate prospective oil resource of 400 million barrels of oil (144 million barrels net to 88E)"
'Best' estimate and 'Gross Mean' are different things.
Eg. if you have three estimates:
'A' Low 'B' Best 'C' High
'Gross Mean' is = (A+B+C)/3
Do we believe 88E are correct?
bit of history
Repsol in Alaska - Enerclub
https://www.enerclub.es/.../u4BS5uIPoERi58g5R6liZg%3Bjsessionid%3D279C96BF4...
All helps to get the word out on what could be a monster find ...a lot of companies that are in the mail get a boost the following week!
Most journos reporting most shares know sweet FA about them they usually get told day before and then plaguirise or rewrite other stories they can find. There are plenty in cahoots with insti's and hedge funds too no doubt.