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Member Info for deltalo


Premium Member

Send a private message to deltalo

Member Since: Thu, 10th Sep 2009

Number of Share Chat Posts (all time): 1,158
Number of Share Chat Posts (last 30 days): 64

Last Posted: Fri 09:09


Post Distribution over the last 30 days




Fri 09:09

There's oil all over that area, so that's why they need to analyse all the data.
A new area will be targeted and they should have learned from the information in Winx-1 report.
All to play for here.
I notice your keeping a close eye in here lol.
Fri 08:34

there are still plans to drill in the area, RMP is still part of that so news here is imminent.
soon as we know sp will fly
Wed 09:33

Doesn't take 8-9 months as they only got the licence to drill the winx-1 well in mid January and the rig wasn't even setup.
Only takes about a few weeks to spud a well. Winx- 1 well was scheduled to spud mid February.
If successful it would of taken another 50 days after to drill the well.
They can spud another location in no time with the rig already in the area.
Alot more potential sites and so that's why there analysing the data.
All to play for and well oversold here.
Wed 08:41

Nanuq that is.
Wed 08:39

There's no problem if needed to sidetrack if required, also as stated they will further evaluate and integrate the valuable data required at Winx and reprocess the Manual 3D seismic (2004) in order to evaluate the remaining prospectivity on the western Leases including the Nanushuk fairway potential.
The rig is still in the areas.
All to play for as i see it.
Tue 12:55

100 percent plus coming,
This move's fast when it's ready.
Tue 11:05

Something definitely going on as the sellers making no difference to the sp.
This could be ready for a multibager chance here.
This company is far from over.
Gla
18 Mar '19

They now will test to see if there is a trapping mechanism at the location as different zones can be separated.
That's why a side track is important to help interaction between each zone's.
The area is known to be a hot spot for oil reservoir's so there will be other area's within there licence.
But this isn't the only play the company holds ,
As clearly stated Red emperor also holds an equity Interest of 37 percent of block,SC55 which is located in the southwest palawan Basin. SC55 covers an area of 9,880km(2) and was awarded to Otto Energy investment's ltd in 2005. It is a deep-water block in the middle of a proven regional oil and gas fairway that extends from The productive offshore Borneo region in the Southwest to the offshore Philippine ( production asset) northwest of Palawan.
Red Emperor participated in a USD25m exploration well (Hawkeye-1) within the block in 2015 and contributed In excess of AUD5m towards drilling costs.
Over USD50m has been spent exploring SC55 to date and a number of drill-ready target's remain, including the "Chico" gas prospect witch has a best estimate prospective resource of 1.6 trillion cubic feet ("tcf") recoverable gas.

So as I see it we have all to play for here.
Great price to get in now. Gla.
15 Mar '19

What a load of crap, but I would like it to stay this or lower unit next Friday when I'll havea few more grand to top up.
So yes it may take a week or two to settle. .
15 Mar '19

Looks like we've found the base level at 0.75
I would think that it will start to move up as we wait fir an update from the company a more detailed plan going forward.
We will see.
15 Mar '19

Looks like we've found the base level at 0.75
I would think that it will start to move up as we wait fir an update from the company a more detailed plan going forward.
We will see.
14 Mar '19

Nice £17.8k buy,
Could be turned into a small fortune.
Still all to play for here.
14 Mar '19

Were in the blue, bounce has begun
13 Mar '19

100 pecent would be 0.
But going up it would take x550 pecent there abouts to get back to 5.1p.
13 Mar '19

Starting to gather pavery now.
So it was a setback, they still hold other interests.
80 percent drop is ridiculous.
13 Mar '19

This will be back over 1p+ very shortly.
Well over done.
At least it gave me chance to buy low.
13 Mar '19

Well oversold,
Dropped from 5.1p to 0.83 wow. That's 5x down the current price. I would think that it will move to about 3-.4p range that is more where it should be.
13 Mar '19

Agree and that's why I've bought in this morning.
All up from here
13 Mar '19

Good news though
12 Mar '19

It's dropped as a result of triggered stop loss's and panic seller's.
It will be back up before long that's a fact.


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