Member Info for Adw198

So frightening the Board members who are closest to the prospects only wanted to invest $330k at a 35% discount when the SP was 1.15p.

Any ideas why? Especially given they’ve also got a nailed on farm in deal to run as well.

Stop trying to trick people thorn. You’ve placed your bets now let the roulette wheel spin the result.

Abzzba I’m not going to clog the board factually disproving who is misleading.

Rest assured, Heron 2 has not been proven as commercial as you claimed yday. It’s just taking double the time to find out.

“Good flows at Heron2 will only encourage a good Heron Field deal.”

@thorn agreed.

What would bad (not commercial) flows do to a potential good deal? Discourage I say.

Zeus notes time after time after time are proven to be complete BS.

Same clowns who told us we were fully funded for the 2025 work programme. Funnily enough WOS shares that too. Perhaps he works there, he’s certainly not doing all this for free.

Paid for nonsense.

Good job it wasn’t negative Mullins is a positive RNS drops the price 6% to one of the lowest ever closes.

The RNS stated H2 test results are still unknown. It’s going to take circa double the time they expected.

And Gazelle will take circa 5 weeks.

No updates on the tax situation / outcome. Has this months oil been lap - who knows, they don’t usually say at the time.

Not quite the H2 is already confirmed as commercial and / or a farmee asked us to suppress the news because they’re about to conclude a deal as lots of the gang tried to spin it.

Utter nonsense Tenbag. Gobi isn’t “likely” to be commercial and they’ve not moved on.

You’re entitled to your beliefs it’s definitely commercial. If it’s not just remember to come on and tell us what bad news it is and how disappointed you are.

Almost a year since you joined to make similar obnoxious claims about a sales deal that wasn’t a sales deal. What a year you’ve had :)

What you presented i said

“16 Sep 2025 08:18 It’s not worked and they’re assessing how to make it an injector”

What I actually said - mature, balanced and presented as opinions…

“Possible reasons for taking very very slightly longer than guided.

It’s not worked and they’re assessing how to make it an injector

First attempt was ambiguous so trying again

Just a standard drilling issue (broken part etc)

FWIW I’d say the above are broadly in order of likelihood. That’s because the water injector was specifically mentioned as plan b which would presumably mean they’d take extra time.

“If commercial rate of oil production is not achieved, *then a water injectivity test will follow* to assess the potential to use Heron-2 as a water injector to provide reservoir pressure support to enhance production at Heron-1.”

Whatever the answer no news isn’t great news because the clock is taking before winter shutdown.“

I gave an opinion on what I considered most likely - the full quotes gives the full context. No lies from me at any point. No silly baseless claims about “no news is good news. No nonsense that it was already being brought to production as it was proven commercial.

Even tonight you’ve claimed it’s proven commercial on the very day the company said it hadn’t (yet).

And all this after the equally comical claims about what heron 1 would produce.

I am interested in your views about something tho - how much lower than the latest reported figures of 150-160bopd do you think heron 1 is down to?

The Winter of Discontent is coming. Again!

Lovely!

“Addw198, in the last 10 days you have said countless times that the H2 well test failed and we had moved onto injection well water testing, would you like to offer your apology for misleading readers ??????, no i thought not.”

Hi Abzzba quote me saying this had happened. I simply expressed a view that I considered the overrun to be more likely to mean bad news than good. I stand by that opinion whilst acknowledging it might be wrong (as it’s just an opinion).

Compare and contrast to rowrearedly INSISTING it automatically meant good news. Hilarious!

And even this evening you’ve wrongly claimed it’s been confirmed as commercial.

Hilarious

“Forensic analysis”

Ha it was Gravy who described it that way - whilst complaining about it.

As for lessons in being pompous, narcissistic and deluded - have you forgotten you charting predictions?! Even today you’ve tried handing out condescending lessons in buying and selling, clearly not understanding a single part of the stock market.

Hilarious, keep it up :)

Abbza says

“No uncertainty and/ or doubt at all, H2 is commercial”

The company says

“Should a commercial oil rate be achieved…”

Brilliant! :)

If you don’t know the flow rate how do you know it’s commercial?!

“FUD” as an insult always amuses me - especially on a day when the company basically released Uncertainty and Doubt!

If you’re not fearful of another bad result that’s your call. I’d be fearful given today’s apparently positive RNS led to a 6% drop. :)

I called it as bad early doors gravy. Then I did a day at the office and spotted some more dog dirt on my commute home aka it’ll be end of October before they find out about Gazelle. Whereas Abzzba told us it would take less than the 20 days we were told H2 would take - which Abzzba told us would take less and it’s infact going to take nearly double that.

Be careful whose knee you sit on for your bedtime fairytales mate! :)

Evening Manx

I agree it hasn’t collapsed but I’m not sure anyone claimed it has. 6% isn’t a game changer but it’s not great is it - nearly back down to all time lows.

Nearly all of us don’t know the technical stuff being released or what it might infer - some of us are more honest than self proclaimed experts. Who even today continue to be proven talking nonsense.

Heron2 revenue won’t be that significant either way, although i suppose itll delay the next inevitable raise. The bigger issue is the extent to which it undermines the commerciality of the Heron field. Do we think Heron 3 (further south from H2) is more or less likely to be commercial? Heron 4? You hopefully get the point.

These guys will tell you it’s positive and it’s just MM trying for stops whatever is released - and here we are closing another 6% down. Be careful folks.

I’d not fully digested this bit as been in work today. I’m guessing the message board didn’t discuss this, preferring to tell each other how positive the delay to Heron2 was?

“The workover rig is now moving to the Gazelle-1 well. All permits and approvals are in place to commence the well test programme which we anticipate will start before the end of September and complete by the end of October after which the rig will move to Gobi Bear-1”.

Our resident expert Abzzba told us gazelle wouldn’t take as long as Heron2. He they’re saying it’ll take circa 5 weeks. The knock on effect being Gobi will be touch and go before winter shutdown, probably a non runner if that’s also expected to take 5 weeks.

This has lower to go imo.

Manx is indeed a decent chap, but I must query the claim “Sp steady, hovering where it is” on a day it fell 6%.

Some things are open to reasonable interpretation- and then there’s cold hard facts.

I wonder how much the huge overrun in the work is costing?

Same old same old “it’s all great” from crew who also insisted

There was a deal to sell last October - there wasn’t

Heron 1 would flow 500+ - it hasn’t

Heron 2 would be similar - wrong again.

There wouldn’t be a raise - guess what, there was!

Oil would be $100 - try again.

The refinery would be ready in 2026 - oops.

There’s plenty more. I’ve never met a group so wrong, so often and so full of it! :)

They have left Gobi, presumably that’s nailed on as well then?! Good times! :)

“Just a reminder that whatever the monetary value of the sells so far may be - it's equal to the monetary value of the buys. To sell anything there has to be a buyer willing to pay what you have sold”.

Incredible (mis)understanding of this game works!