Member Info for abzzba

The word CRIMINAL comes to mind.

Someone is confident

My thoughts as well, the team are just being ultra cautious about what they say until its tested, hopefully once tested they can say BOOM

ELA 1 i cannot comment as little has been mentioned other than possible sidetrack, as for EMS 1001 even if its not transformational it could quite easily still be a significant discovery, and lets not forget ELM 1004 has still to be fracked and tested.

The big players are lining up to bid in Argentina's first ever offshore licensing round,

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/100218-argentina-opens-bidding-for-38-offshore-blocks-in-worlds-last-frontier

Everyone was being quiet, did not want to wake the big sellers up.

Then again if you bought today the share need be at only 17p to double your money, not a bad return i would say and very very possible if that light oil in EMS 1001 comes in.

It was mentioned these are due to complete around February, no idea of current status. There are 2 wells being drilled, one by Repsol & i think the other by Shell, our "plot" lies slap bang between them.

Agree 100% with your post below, just a matter of waiting and not even too long a wait IMHO.

RNS probably tomorrow followed by an Algy story in the press at the weekend to whip up investor interest, IMHO

ChezNous, a small thermo nuclear device down the hole would almost certainly fracture the rocks, just an idea, quicker than fracking.

Personally i think news sooner than some think, but i guess its a waiting game for now.

Certainly hope so, would love to see this fly which it will do with positive news.

Below from 21st June EMS 1001 RNS re naturally fractured sections so no need to frac these sections.<br /><br />Not all of the column interpreted will produce hydrocarbons, with intervals of effective pay interpreted as being associated with the very elevated gas readings recorded over some 120m of the section. These are likely to correspond to zones of natural fractures in the formation

http://www.worldoils.com/landrigs/

I kind of agree with you, my own thoughts are that the last EMS 1001 RNS (15th Oct) stated frac by year end only to ensure the timescale was met if fracking needed, it might be a long shot but they could be testing right now for all we know.

I would settle for £1 per share right now, happy to wait a year or two for £21 mentioned below

Certainly the Edison report makes for excellent reading,

Nice to see some buying and fresh investors on the board, maybe starting to cotton on to the potential here

Would certainly agree Martin Hull did not leave a long & established career with Rothschilds for a 2 bit company, i would agree something big is in the offing, something exciting enough to tempt him.