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I will add and truly believe, there's much, much more oil WoS on our licenses than the second CPR alluded to, much more.
You say:
"Personally, I trust Multinational Schlumberger Ltd much more than very much smaller ERC Equipoise Ltd here who used to also work for Antony Maris while he was at SOCO International (Pharos Energy), particularly, when it comes to a Competent Person's Report ("CPR") on the Company's West of Shetland assets"
However:
Firstly the CPR was carried out by RPS (not Schlumberger). RPS based their CPR on data provided (and here's the kicker) 'In House' by HUR and (here's the second kicker) using 'Schlumberger Tools'
"How is it possible that an independent assessment carried out in 2017 is able to produce in place volumes for Halifax amounting to 5,143 MMstb (best estimate), up to 9,043 MMstb as a High case, when only a few years later, without any more wells having been drilled on the discovery, its volumes essentially disappear from the radar?"
The answer is quite a simple one, namely RPS's CPR was based on data provided in house by HUR themselves.
Elementry , YES THE SP IS TAKEN DOWNWARD by corrupt B*D agenda to fill their pockets, which are already bulging with huge remuneration voted by themselves!! It stinks !!
Closing time the Cr**ks takes SP LOWER.
Sorry Top Cat81 not Top Car81.
TopCar81, good questioning post. ERC'S CPR stinks.
“TR1 tomorrow likely”, I agree, and strongly believe that CA has been adding here to further increase their stake as activist investor who also clearly sees the now blatant attempts by the HUR BOD to keep the SP here as absolute low as possible via every means including unusual, distrustful, and unnecessarily over negative wordings in every single RNS communication in the last ~ 9 months, along with their continuously suspicious operational/logistical non-actions, DYOR!
Right, will be interesting to see how many shares that people don't actually own have been sold.
when do the short tracker get updated?
Big drop in trading volume today and no holding RNS's triggered, interesting.