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Think the market has been spooked by the drop on Fri on AIM and suspension on ASX. Very odd! Regards,
The real money will be made over next week or so When they hit red, complete logging and running DST. They is no way with that amount of shows that this isn’t commercial. I’m very happy now with My 117,000 share purchase at 1.9p.
That’s the Ozzie’s for you. LSE leads the way.
Down 40%. Should be going up. Don’t understand..
Even if it recovers to 4p, that would be approx. £20mill. mc on a potential 100mill. boe! mmmmmm Doesn’t add up! Should be talking 15- 20p! Regards and good luck all,
Imagine the sell orders on Friday in ozzie land. Wish I could by these as I'm sure it'll massively recover.
35% and recovering.
Asx strong recovery now.
It’s trading on AUX & down 43% at the moment.
Bet over 4p in morning, I want more.
How’s it down? Thought it was suspended till 5th March on ASX???
Is certainly with Rmp from this cap. £7m. Asx moving up.
Going now then!!!
Have left suspended until TD
Not exactly setting the heather on fire
Data obtained by the Joint Venture from a nearby successful Nanushuk well has proven comparable to that observed in Winx-1 over the same topset features, providing early encouragement. These initial interpretations, whilst encouraging, should be treated with some caution as more data and analysis are required for validation.
The previously reported (1st March 2019) interim results were related to an interval in the Nanushuk Formation above the primary target zone. This interval (4,460’-4,530’) remains the subject of further analysis to determine prospectivity.
The well successfully intersected the top of the Torok Formation at 4913’. The Topset Sequence 4 sandstones (secondary target) were encountered at approximately 6052’. 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.
On reaching Total Depth, the forward plan is to run a comprehensive wireline logging program over the zones of interest. Subject to the results of this program the Joint Venture will decide whether to proceed to stimulate and test the most prospective of the Nanushuk primary targets.
looking good
Hamiwa123...calm down Chicken Licken Let us enjoy the good news for 5 minutes
From 88e bb. garrym79 847 posts RE: Beautiful Cash2 Resistivity is the opposite of conductivity so water is conductive and oil or gas is less conducting therefore resistivity increasing. Good news really. Logging while drilling is just the generic names given to measuring instruments in the drilling assembly. Hope that helps.
Lucky Aussies didnt have to endure the drop.
Needs 180% just to get back to 4p can’t see that but this RNS wording is certainly more positive than the last.
GLA
He was on here messaging every 5 mins ?
LWD resitivity doesn't mean automatically oil. Wireline logging required to confirm if the resitivity is due to oil or water. If oil then well test will confirm the volume. If water then plug the well and abandon it. GLA
has to start from 4p!!
liquid
of course which other nearby nanushuk is there!!
tomorrow its definitely going above 10p..
For bailing. Going to get in again at a premium first thing. Don't think I'll get lower than 3p..pissed
Congrats to all that held and topped up. All the best