to look forward to in the coming months.. Poland - New drills at Rawicz field development (start Q4 2014) - Well activity on Siekierki (including existing wells), start Q4 2014 - 3 new-drill wells in Karpaty area / Permian Basin (spudding today) - Proposed new oil well in Torzym, frac existing Sosna-1, Q2 2015 - Horizontal in Braniewo (tight sandstone, oil), Q2 2015 - Farm in transaction cash & appraisal at Lewino Ireland - Sale of Barryroe NPI (Operator expects near-term development deal closing)
think your star was shown who the stupidd boy was those with him too...weird dd and chums/ chumps has never confronted OF at a presentation or an agm...theres been around 4 or more in that time and not one of the babies turned up.....if they lost that much money between them you would have though one of them would have...but not 1...what does that tell you!...unless you were with the number..
Stupid Boy Pike Get Mummy.
with $100mill at their disposal+ they wont mess about..pnr backers will see to that..siekierki/rawicz are the anchors for pnr/sle(early production)...scincy and Permian oil are the riskier more rewarding parts of the deal...these will be played out..next year and with pos results into the future...Permian 20mmboe per sq mile and scincy carboniferous upto 450bcf per sq mile....there are around or just over 3000sq miles...if its a hit the 35% sle have....its mega..links
JB knows Sierkierki very well. It was probably that field alone that warranted them paying the $20m farm in. If only Aul had opted to put the pipe line and production plant in place those wells would have clocked up 2 years of production by now. They could have added more wells with more successful fracs and before you know it you've got the beginnings of a pathway to full production. They had the cash to start it off too. . Well let's hope Pnr take up where Aul left off.
Mall...your right it would be a massive field will huge upside as only one side of the concession has been targeted by aul......the 3mmcfd...if they cant get anymore than that would be commercial...there is further upside in the conventional pods higher in the formation which imo will be targeted as well...on just the 3 wells there is $345m nav.......about time we had someone who wants to talk about the assets instead of witch hunting and complainin about the past!!..cheers mall..links
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