The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Good investigation by you
Yes sidetrack line will appear if they do that, they was no suggestion they will though...
Not even sure if it's worth it unless they hit the fracture network which is telling then they are just about where they wanted to be...
No idea what is happening
Zero rumours which is rather weird considering the leaky nature of this play...
Share price is not telling much either unless the crafty lot did the selling on the extended settlement basis
Waiting continues
Fingers crossed for the holders
Manwell02,
New line is added when sidetracks are drilled BTW
If you look up P1918 Colter license, Colter drilled mechanical sidetrack(should have been called geological sidetrack) ~2years ago.
Two wells registered, 98/11a-6 and 98/11a-6Z
Re letters added at the end to the well names and numbers,
Example naming of four individual wellbores:
1st attempt 211/03b- 21
Re-spud 211/03b- 21A
mechanical sidetrack 1 (logged) 211/03b- 21Z
mechanical sidetrack 2 (cored) 211/03b- 21Y
geological sidetrack 211/03b- 21X
Multilateral wellbores will also be numbered in this way, with a suffix for each lateral. The allocation of suffixes should be agreed with the OGA Information Management team.
https://www.ogauthority.co.uk/exploration-production/petroleum-operations-notices/pon-12/
Mamwell02,
"Going by the video on twatter could be 1 of 4 things Rubey.
The kit they are using actually has a few names zip bails or dolly links and it’s used to run small / skinny pipe. If you look carefully you will see a small elevator hanging off the larger elevator with the zip bails (yellow bits) in between.
1. Could be running a kill string (but only if at well TD & the 7” liner been ran) don’t think it has been thou according to pics.
2. Running a cement stinger to set a plug & sidetrack
3. Could be a cement squeeze job
4. Well 4 is not good & we don’t want it to be that!"
Could you please expand on item 4
Thank you
Alex
Come back under 10p next year
Next drill in q1 as I understand
Sorry all rumour was true but not good enough
#SYME
Hello
Angus Forrest brought this play into the market
0.04p to 0.8's 2000% rise
#DRUM is next
He has a large holding in DRUM
#SYME #TERN
TERN did 1700% or so as well
2.4-2.5p into 45-47p
#DRUM is sitting at £1.5M Mcap
£500k cash raised at 0.55
Current under 0.5
Suspension has to be today defo
6months from 4May fall today
4May rns
AIM Rule 15
Upon Completion, expected later today, the Company will become an AIM Rule 15 cash shell and, as such, is required to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission under the AIM Rules for Companies) within six months from this date. Alternatively, within such time period, the Company can seek to become an investing company pursuant to AIM Rule 8 (which requires, inter alia, the raising of at least GBP6 million and the publication of an admission document). In the event that the Company does not complete a reverse takeover under AIM Rule 14 within such six month period or seek re-admission to trading on AIM as an investing company pursuant to AIM Rule 8, the Company's Ordinary Shares would then be suspended from trading on AIM pursuant to AIM Rule 40. Admission to trading on AIM would be cancelled six months from the date of suspension should the reason for the suspension not have been rectified.
Read this rns dated 4May 2018
https://www.investegate.co.uk/inspirit-energy-hlds--insp-/rns/issue-of-convertible-loan-notes/201805041454342187N/
The conversion is at the full discretion of the Company and on conversion, each new Ordinary Share will attract a half warrant (one warrant issued for every two CLNs converted) at the relevant conversion price valid for 12 months from the date of issue.
Date of cln's is issue is the key.
Cln's issued in 4May 2018
Valid for 12months from the date of issue
Suggest someone fire an email to NOMAD and FCA.
These warrants converted today are expired warrants.
They were issued on 4May 2018 and had a conversion life of 12months.
There's ~603.5M warrants in total which have expired already on 4May 2019.
Naughty naughty
Here you go
https://www.rigzone.com/training/insight.asp?insight_id=333&c_id=
We wait to see the B1 drill result first
And then extended well test, then we can talk about the real numbers.
There are historical gas fields who had production from Kirkham Abbey (Kirby Misperton, Pickering the two which came up through the quick search) to see the commerciality of the zone
GreyPanther,
These geological chance of success numbers are not even worth the mention if I'm being honest...
I've been through around a dozen so called 'appraisal' wells with gCOS or POSg ranging from 70-90% and majority of them came up dusters and non commercial.
Extended Well Test or Early Production Schemes is what proves the well commerciality.
Commercial and continuous gas flowrates remain to be seen at West Newton 'discoveries'
GreyPanther,
How did you come on up this 72% recovery from KA???
Historically recovery is only ~12% from Kirkham Abbey clearly stated here
https://sp.lyellcollection.org/content/465/1/119
https://www.londonstockexchange.com/news-article/market-news/securityholder-notification/14739246