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flying, up 2% , Brexit confidence then, lol
blingy - use the filter button, serious issues there, imo (plenty of info on Finkal on the web)
What a croc of sxxx I'm no ramper just a lth Looks good on paper though hey
http://oilprice.com/Energy/Energy-General/Hedge-Funds-Betting-On-100-Oil.html
That's always essential to healing - knowledge and understanding. On Wednesday the 15th of June 2016, NTC capital was raised to 3,280,000.00. - so this is knowledge; Then what about understanding of this knowledge; Such knowledge were spotted by Blingybird at 10:56; repeated by drillingcrew at 11:09, then Helpful mention it at 13:13; Thereafter we were able to observe it as SP movement from 0.027 at 13:27 to 0.03 at 13:30 as of 13:36 we had 0.0325; This knowledge were converted by the rampers to illusion as its possibility to rise the SP to unknown destination as far as 0.2 without any explanation as for the reason of the capital movement and SP reflection. Let me convert these perception of reality as knowledge to understanding as its outcome. You see The BOD as RJC at present has tide hands as they get to agreements with the bankers on placement for cash that they/he/NCT were in needs. (detailed explanation will come with the next post) So at present whatever cash be deposited on NCT account it be collected by the bankers. As we have observed it there was about two and a half hour different form the time LSExchange reflection on the NCT account of the capital and further movement reflected by SP. In other words LSExchange get the time needed to realize that the bankers will not collect this cash as these agreement. This fact tells for us, that the BOD as RJC get to or an additional agreement with the bankers on this issue and we were able to observe all this capital/SP action. In Conclusion the Rampers simply got no clue what was going on and stipulated that the SP will move way up…. Calling an idea as placemnt. The real fact are that this has happened not for the first time as similar operation were done on 07th June 2016; The reason are that this is some source of spread that NOMAD on behalf of NCT are able to maneuver on these politically motivation in re; to SP.
Was at the AGM last year I sat next to you. Did not act on Randys body language not coming dressed very well and slipping his shoes off. Should have sold that day.
As we know, you can't just turn on a magic tap. Getting production going has its issues.
There is a game plan? Tell that to Portugal lol.
I too share your optimism Stuy (researched based of course) ...end of June, er that's only 8 trading days away.. bring it on RC, lets be seeing the game plan : )
I feel your frustration.. I'm sure by the end of June you will think differently..
Would be good to get back up to the high .20's again, but RC is useless and all hope has dwindled over the last year with his constant placings!
Yes, 10 days could be a significant number for us all..I think all disgruntled sellers who sold up, new holders and LT holders will all wake up to a bang this month.. I hope we kick news off again, starting with LM19..
In fact guess it is faster to do the recompletion than it is to get news through the NOMAD!!
since they announced the recompletion at LM19. " at least 10 feet of net pay" "the well is on trend with frio production at Shoats Creek" "Initial results from this initiative are expected near term" So news this coming week I would have thought.......? Hopefully 75+ bopd?
Texas
Raymond James says " West Texts Intermediate (WTI) will average $60/bbl in 3rd quarter and $75 bbl in 2017" I'll take that!!
Yep if it fluctuates between $47 and $55 that will do fine but $65 would be better than better.
That's my line. ;-) $50 will work. For many parties. Pontil
Moving nicely once again.
Dear Sir, you were asked a question yesterday which you have still not responded to yet expect others to answer your requests. It is not a one way street. Where shall we start from? Pontil
For God's get outside, get a life, get a hobby and do us all a favour get off your keyboard.
He did ask I was there, and helpful was answered. Pity you didn't come to the agm magic, maybe the next one, which will hopefully be in July you will come along and ask all these questions. Imo
You can read posts, why can't you read the RNSs? If you need clarification, take it up with AB. No point in contacting Randy since you are not an NCT shareholder. Three partners at SC will result in different decisions compared to just one decision maker. It is no big deal: personally I would prefer 10 workovers at $80k each each producing say 70 bopd compared to one new drill for $800k targeting 200 bopd. When I spoke to Randy face to face about workovers and recompletions at the AGM (Peckham was there as was Ooaah) he stated that in a lot of instances that the well casings had collapsed and the wells were unusable. He put this down to them being old wells, using old drilling techniques including old cementing technologies. If you look at the RNSs about LM20 you will see NCT made a big issue about the cement job and the completion process: this was to make sure that we did not have a repeat of the issues with poor cement jobs and well collapses. These wells need to last 12 - 15 years for their intended production life. The well life could be longer if they use secondary and tertiary recover techniques or well stimulation techniques. If you did some reading and research you would know this. Constantly trying to find a reason to **** off NCT and AB is clouding your judgment. DYOR
"If they can get 60/80 bopd from LM19 plus some gas for circa $60/$80k that is a better bet than spending circa $800k for 200 bopd and some gas." So again, why did they plan to drill LM21/22 BEFORE doing LM19 in the first place?