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Isn’t 4D chess, just chess?
I think Ron even had his own brand of Rum. This could be a good luck sign for Perseverance 1 .
:-)
I lead a sheltered life so had to google Ron Jeremy - he certainly seems to be in the ICEMAX category when it comes to deep drilling !I was even more surprised to learn of his claim to fame for a remarkable anatomical feat!
#smallwang
The comparison was suggested merely as Exxon has been in the area. Rex Tillerson, with Exxon, was based in the Bahamas prior to becoming one of the first to be sacked by the Trumpster.
Exxon has also been mentioned by a few of the commentators on here as a potential suitor.
If you look at the shares in issue, they are not a million miles away from BPC - at time of posting (and that remains the same) I had not checked on the acreage nor their total BOO within their acreage to form a direct comparison.
Exxon is currently working not a million miles away and had our initial drillship away.
They are drilling for oil and are very successful at it. The fact that BPC has not even got a drill anywhere near the glory hole should make one understand that it could not be a direct comparison as two completely different fish - I was certainly not comparing eggs with eggs, however, the chat with Malcy yesterday certainly had our two fellas in a happy frame of mind.
Unlike Jim Bowen - this is not a case of "This is what you could have won!!"
More a case of there MAY be potential to get the jackpot.
I enjoyed the Ron Jermey joke, one of the best things i have read on here for a while.
Davethedumplin:
Is that a joke? It’s like my comparing the size of my wang with Ron Jeremy
At the end of the day they are almost certainly both big enough to fill a pram at some stage....
Think everyone is trying to play 4D chess here ! Looking for things that aren’t there
We are drilling this solo . It’s “virtually a dead cert” as Simon said in the interview ! They won’t be letting any major in on the cheap !!!
Buckle up and enjoy the ride !!!
Google exxonmobil news and read the top two, very recent, FT entries.
Just for consideration/Comparison - Not sure of the acreage nor the combined reserves for Exxon versus the high-end estimates for the Bahamas and eventually Uruguay.
Exxon
~~~~~~
Currency USD
Issue Country GB
Shares in Issue 4,230m
Market Capitalisation $137,235m
Market Size 100
52 Week High 72.715
52 Week High Date 05-Nov-2019
52 Week Low 30.70
52 Week Low Date 23-Mar-2020
BPC
~~~~
Currency GBX
Issue Country GB
Shares in Issue 4,049m
Market Capitalisation £97m
Market Size 200,000
52 Week High 5.60
52 Week High Date 25-Feb-2020
52 Week Low 1.15
52 Week Low Date 21-Apr-2020
Exxon certainly qualifies a "Watch This Space!" statement.
Exxon would attract people like Dr Gogna away from very secure high profile national government work. Why would you leave a rock solid, secure national government job at a time in your career you are likely to receive the most focus and attention? To go to a junior explorer who's future is in the balance?
Exxon would be attracted by the prospect of "the most exciting wildcat well that's being drilled in the oil sector for a very long time..." [Malcy]
Unlike other competitors Exxon are firmly continuing in the deep sea oil plays.
Simon says his phone will "be ringing off the hook with one of those various majors on the phone to us". This to me says the relationship and connection is already made with one and not the opposite, that being lots of people will be trying to get in on it.
Simon says.... his phone has been "ringing off the hook... we're thinking about how to appraise a structure that's 80km long..." The relationship between BPC and farmee is there for me, they're already working collaboratively. Working on this plan and getting a head start on this work is a very important thing with the Bahamas play as time to appraise is restricted to finite drilling windows, they can't rock up as and do work as when they feel like it.
The relationship with the farm-in partner is well cemented i think.
Exxon for me.
Not sure if the wry smile was wind, or imagining the furore on the BB if he were to use a term like....imminent.
Sorry just stirring the pot before the weekend.
Too late to get in now for the weekend or indeed to get out if you are in.
Nice RNS Monday would kick the new week off well.
More likely radio silence till the after election results (unless results chaos is used to bury bad news)
Another week closer to getting the drill underway.
Stay safe all, have a good weekend.
I think the newsflow will slowly start this next week. We should certainly hear from Stena by the middle of the month, I’ll be an Uber bull and predict a mobilisation RNS including Stena taking us up on our 10% offer!
Cheers
Patoir
The pair of them looked positively smug at times in my opinion. It was as it things were a given. Very confident throughout. Would be nice to receive a very late RNS today though nothing to suggest there will be one.
Simon says... Stena have been working with Exxon during Covid.
Exxon looked like they were ones who were going to give BPC the use of the Seadrill West Saturn back in Q1 2020.
Stena have worked with lots of companies during Covid.
The tiniest of tiny little wry smiles started to appear on Simons face, which he suppressed, when talking about farm-ins. Probably needed a fart, again.