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Sugar - as you and I have discussed previously the Trinidad Government MEEI stats cover ISPC deals such as Goudron so you can see the production month by month as CERP supplies a very large part of the total column. The 1000 bopd historical figure was a long time ago and Koot only did it to prove it was possible otherwise trolls like Krapper would have been presented with a stick for the ceremonial beating!
I 4 great post and nice to see Irene well and truly spanked. Great informative post for the rest of us holding for P1.
Krapper - whilst we wait for the example of a positive post from you I'll respond to your question ' what did you think of the ' production of between 400 to 450 barrels ( bopd ) ' mentioned in the rns , which is less than when Oopsie took over 3 years ago ?'
Krapper the production referred to is largely from Goudron field - Koot analysed the situation at Goudron , based on the production agreement with Trinidad Government body and decided that CapEx on that field should be limited because the company had alternative sites where potential was FAR GREATER ( such as SWP Saffron ) . That said Koot managed to keep Goudron ticking over by installing innovative new pumps , work - overs and continuing the water flood Pilots Koot instigated. Without management the bopd at Goudron would probably have slipped back to the circa 100 bopd level at which LGO took over.
During his term Koot has been renegotiating the Goudron deal with Trindad Government - they want more production Koot has argued the field is problematic and needs more reward per bopd to justify CapEx. We await the result of that negotiation - in the meantime resources were applied to SWP development where the licence terms justify CapEx.
Re SWP you have not accepted the company's technical independently sourced data on potential and consequently predicted that Saffron drill would produce no oil whatsoever- despite the reasonable Pre- drill COS! Saffron drill was problematic but is producing oil and has potential for much more but MORE IMPORTANTLY showed that the higher yielding area could be successfully accessed ( that's why the Saffron 1 drill team offered to drill Saffron 2 at their risk and cost - resulting in doubling of SP !)
The potential from SWP drilling is the basis for the increased production forecast for the future mentioned in the latest BPC rns.
You have carped at Koot throughout his tenure but you've never come up with your own idea for what he should have done and your inability to understand the potential of the SWP just shows your ignorance against independent experts. If you ever came up with some research or technical information to support your negativity people might have some regard for your opinion - we've had a couple of long term trolls on CERP who did at least come up with challenging questions backed by research and people did give their thoughts consideration but your best shot seems to have been to continually ask posters to forecast future production targets - at least the latest BPC rns has given you that information - why not explain why you don't think that's achievable using all your oil and gas exploration and production knowledge ?
I've posted this as I don't know if Starchild has followed the development of CERP as closely as you and I have over the years.
Irene is hardly up there with the best equity analysts. Lol.
Have a good weekend chaps - onwards and upwards.
Irene you and most people on this board all know that you are a paid deramper. It’s funny because someone messaged me the other day, I’m not repeating their name, but they told me they use to work with you getting paid to deramp shares. It’s sounds really interesting but also extremely immoral. It does make sense after reading the message why you do it, but you need to get off this chat for bpc. Bpc is not a share to deramp. You guys totally disappear whEn the share price starts to rise. Totally disappear. You are like a disease that gets treated, but as time goes on you re appear.
Seriously move on, nobody wants to be manipulated into exiting this share on your stupid comments.
Enjoy your weekend.
Hey Irene.......!
"Anyway , How come nobody is mentioning the pitiful "production of between 400 to 450 barrels"
Probs bored of you already............!
But I like you (Love), S1 'n S2 not included, along with CO2, ($4.2m or more) .............!
All the best (your welcome hun ........... xxx :()
Irene i thank you for the courtesy of a cerebral response. I have 7 questions.:
1. show us ONE positive post you have made in the last few years about BPC/CERP
2. show us ONE positive post you have made in the last few years about BPC/CERP
3. show us ONE positive post you have made in the last few years about BPC/CERP
4. show us ONE positive post you have made in the last few years about BPC/CERP
5. show us ONE positive post you have made in the last few years about BPC/CERP
6. show us ONE positive post you have made in the last few years about BPC/CERP
7. show us ONE positive post you have made in the last few years about BPC/CERP
None? why are you here other than for selfish reasons or as a paid de-ramper?
Respectfully,
Starchild (AKA Starfish)
Starchild, if you can't take your own advice, and act accordingly, you just come across as a lulu.
You too have a nice weekend, and think on, they're your words 'Ignore IreneK’s posts on this forum'
Obadhia: I'm sorry you feel this way. I will not change my principles in dealing with allegedly paid or selfish de-rampers.
have a nice weekend.
Irene our daily de-ramping fluff bunny: Your last post is totally irreverent and attempted to side step the issue.......
As such kindly do us all a favour…..please order a plastic bucket from Amazon. Fill it with water and as a scientific experiment to see the result, fully immerse your head in it three times and take it out twice.
Key question you have never answered: so I will ask it 3 times
1. why do you hate BPC and its BoD?
2. why do you hate BPC and its BoD?
3. why do you hate BPC and its BoD?
Starchild (AKA Starfish)
Xxx
(2) Ignore IreneK’s posts on this forum
Why not act on your own advice Starch? This thread cluttered with rubbish, mainly by people like yourself trying so hard to be oh so clever and funny. You fail.
Irene our high priestess of de-ramping: your daily whinging about BPC shares, ts BoD and questioning me by trolling is akin to having an extremely irritating nagging wife. If I was an Aztec warrior in 15th century central America and had the dire misfortune of being your husband, I would order an Uber driver to take me to the High Priest where I would immediately offer myself for human sacrifice rather than spend another minute in your company. On one condition: my extracted BROKEN heart be bestowed to my beloved cat Montezuma (‘Monty’) as a lunch treat.
[We wish to thank our generous sponsor Uber for this post. Uber Technologies Inc (NYSE: UBER) is a magnificent transportation service with high standards and competitive prices. It’s share price will likely soar by 32.4% by year end. Next time you order Uber anywhere in the world, to receive your 10% discount LOUDLY tell the driver coupon code ‘Mexican human sacrifice for Monty because of that annoying Aztec Irene.’ The coupon code is not applicable in Mexico or Texas at any-time nor Dublin between 2200-0200 weekends. ]
Key takeaway: (1) UBER and BPC STRONG BUY. (2) Ignore IreneK’s posts on this forum. A toothpick or tea-cosy has a purpose in life. Her posts do not.
Starchild (aka Starfish)
Xxx
Bespoke: I do not disagree that Schroders were offloading which is their right, please refer to my post yesterday at around mid-day for details. of my complaint against Trafalgar.
Starchild.. I would be more inclined to think that the heavy selling this week was Schroders offloading their entire stack. They wouldn't have required a TR1
They would have been holding 60-70m shares post merger
Morality questions with my personal opinions in [ ] below:
1. Is it right to invest in kitchen knife manufacturers? [ despite some knives being used illegally, I see no issue]
2. What about investing in fertilizer manufacturers? [I see no issue. Companies that produce can feed the world or create weapons of mass destruction…eg the sad Beirut accidental disaster this month]
3. What about investing in a chain of legal brothels? [I personally wouldn’t for personal reasons and in case sex slaves were used]
4. Is it moral to invest in oil/gas? [Oil/gas explorers do not pollute (unless there is an oil spillage disaster) or cause CO2. Oil/gas can be used in very efficient ways, for example fertilizer to feed the world, plastics and fuel for energy efficient cars]
5. Is Fracking OK? [I do not have an issue with this personally unless if it affects areas of natural beauty or causes earthquakes]
6. If you are a boutique financial institution such as Trafalgar and lent money to a public company would you share dump at the first opportunity so you could greedily make money from CFD derivatives by going short…….and/ or go back to the company you lent money to who in good faith gave you an indemnity for the shortfall? [No no no…immoral………………..in fact if I was the company, when they ask for the shortfall I would tell them to get lost. Let them suffer the representational disaster if this goes to court.]
Key takeaway: Trafalgar HK are on my doo doo list. Watch what happens next. I've got people and advisors lined up. All legal of-course, as is the right of Trafalgar to share dump BPC stock. Going to have some fun with ANY RNS that ever mentions they will do a CLN for another company who unfortunately trusted them.
I am seething based on Trafalgar's antics.
Starchild