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Expecting to break 4p before close here.
And share price increase will be bigger in the next RNS if the oil is there as well!!
The well successfully intersected the top of the Torok Formation at 4,913ft. The Topset Sequence 4 sandstones (secondary target) were encountered at approximately 6,052ft. Elevated mud log gas readings (C1-C5) associated with oil shows and an elevated LWD resistivity response were recorded during the drilling of this sequence.
We were on 6k ft in this RNS so we should be at TD by tomorrow ??
Thanks, Could be there soon then!
Sorry. Very encouraging !
Amd winx has strong similarities which is encouraging as per the RMS.
Torok already has oil but they still had more stacked targets to drill through.
Expecting news tonight or tomorrow for td & torok formation..
Just reminder :
Horseshoe oil discovery is located just 4 miles west of winx and it is the largest US onshore oil discovery in 30 years
https://twitter.com/Share_Talk/status/1102505145424900096
£40m cap is circa 8p and still seems it would be very undervalued peeps.
there could be 2 rolled into 1, the TD rns or the one to say they have found/notfound anything in Torok zones,
Only £17m cap. We have a way to go peeps
More oil and TD
What RNS are people expecting? They've announced everything they have this morning?
Maybe, but the 1 trade came up on here the other day and there was an RNS logged.
Drilling through oil shouldn’t take long. TD very close now for a full rundown of the full oil encountered.
Not even back to 4p before oil was confirmed.
Get in now before we hit the original estimate of 14p (conservative)
Cap has a lot of catching up to do with peers here. When I say peers I mean those with oil making them them safer plays.
The one trade myth
Here we go
Moving up?
£17m cap here. Primary and secondary targets oil charged. Still drilling through Torok the secondary target. Cap only £17m. Perspective bpc no money no contract no oil proved £70m cap.