Member Info for 3standsoffbottom

Poetic way of saying buying/selling and momentum

The interview was a couple of days ago, takes about a week to turn around, it's not a video per se.

Oilfield version of three sheets to the wind....which probably explains a lot! You'll just have to cut me some slack with the disasters, like wise enjoy your posts......

see marmaris's post i would always defer to his much more extensive knowledge, i am no expert just some oil field trash from the 70/80's. in open hole from outside of to the drill pipe to the wall of the well bore would be referred to as the annulus. the space (as previously described) between casing and well bore we never referred to as annulus just er...space where we were going to pump a shed load of cement. i was only ever involved in big boys drilling (tongue very much in cheek marmaris :) ) we ran 9 5/8ths casing with 7 inch liner, nothing smaller that i can remember when drilling. i don't recall ever cementing liner in open hole. i only ever remember using the thin stuff on workovers and it was horrible bendy ****e. most of the drilling i was involved in was in the 15,000 ft td area in 200 to 3500 water depths.

there is no, or very little cement in the annulus, just mud or production fluid. the cement is between open hole and and outside of the casing, it should be all the way to the surface. tubing will be lowered into the annulus and the first (lowest) zone to be tested isolated by bridges or packer assemblies. when done a cement plug will be set then move up to the next zone. connection to each zone is through tubing with the annulus isolated by packers, i.e. the space from the exterior of the tubing to the inside of the casing....the annulus.

the perf guns are lowered through the tubing and out the end which sits in the top packer, the perf guns are now in the annulus opposite the zone to be tested, sealed by a cement plug below and the packer above. there are a bunch of safety checks for integrity usually in the form of pressure tests. subsequent flow is controlled at the surface same way you control the water at the end of a garden hose. the weight of the fluid in the annulus will stop any flow up the annulus.....this is a bad thing!

all a long time ago....that's how i remember it from my floater days.

nb cement is pure cement powder, blows through pipes (chic sans) to cement unit with compressed air, mixed with water by the cement hand, advancer or ******ers added as required, samples taken in paper cups on regular basis, pumped down the hole through the drill pipe or tubing fills from bottom up the space as above.....all watched by a nervous company man.

You can do it using an APS allowance, ask me how I know…..actually don’t.

Hi Scot, get back to you in a few days……on holiday, just seen your post.

I checked my account. The shares I have been lending (for a fee) are being bought back. Will keep an eye on it to see if this continues, this is a recent movement as they were all lent out until fairly recently. Don't ask but I hold a fair number.

Good luck, but do remember the spread!

Sure, on the Boards to do list; 1. Financing, 2. US market listing, 3. Progressing hot tap into the TAP. We are all waiting test results from 88E and the further IER from N&S.

Scot, I think, whilst I understand your quandary, your question does not appear to account for the fact that AIM and the stock market in general is not populated by Vulcan investors (ref Star Trek), but humans with all that emotional subjectivity baggage.

I don't invest in micro stocks,......spread, volatility and number of shares etc. A lot of people like them, because they are 'cheap' and % wise can rise quickly (opposite is true also......then it's cheaper to average down.....!!!). But I think you know all this.

Investors will invest and that makes the market. By the way, like you I hope 88E have a gusher.

Not an expert but probably a hedge against something else, possibly a sector position. I suspect they are still in the money and will have a bail out point that has not been reached yet. The fact they are the only notified short remaining suggest that it is something else other than a straight short position. I am not worried about it, in fact I lend them my shares which they pay me for, £1200 so far this year.

RNS dated 14th November? Does that help. Otherwise you might have to dig back for original agreement, at any rate the info was published.

Https://www.youtube.com/watch?v=4musP1qtsfE

Words of Elizabeth Bishop? I understand loss, no help required thanks Rogadar

Could I recommend a poem, it’s called If, written by one R Kipling. It’s basically about having a go at this thing called life. Your either in the game (short or long in this particular case) or in the margins of no real consequence.

I follow the maths. Is the disparity due to the fact that 88E is trading at fractions of a penny……hence valuation is skewed. There seems to be a different dynamic in sub 1p shares generally I think.

Obfuscating, but I think you know what I mean.

Who said a house without a cat is not a home, who uses alpha numeric usernames……..hmmm if I was a suspicious bloke I might put 2 and 2 together and get 5.

That’s 3 weeks since re entry, if trouble free news is imminent.