Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
PeterCanuck - Worth noting that Delta's Clearwater assets are 94% Oil and NGL's and i3e only 50ish %. Still very promising.
"The Capital Budget..... funding of 12.6 net wells (17 gross, 88% i3-operated, including one Montney producer at Simonette plus two producers and two non-producing test wells in the Clearwater play), and maintenance capital to support producing wells and infrastructure. "
Their knowledge is incredible! Actually no.. I think PaulDraytom might be more knowledgeable as he knew more from information on hand last Friday then I3e themselves!
“Our operations are proceeding as planned. We have not had any results yet or experienced any major issues. We have not contracted anchor handlers for a rig de-mob; it would be far too early to do so.
If Petrofac have booked vessels, it is likely for pre-laying of buoyed anchor chains at the next location for the rig, being done well in advance of rig arrival at that location”
I remember some on here saying this drill was very unlikely to be complete duster as they had learned from past mistakes and where drilling in the middle this time as opposed to the edge. Is this another f cuk up or is the field just too complicated to be bothering with?
Opec+ have basically said they won't allow oil to drop much further if at all from this point onwards. If i hadn't given up spread betting due to degenerate tendencies (fk leverage) i would be opening oil long here.
Resign Basu. You have had nearly 10 years operating in massive bull market and taken SP from 50p to 8p. Imagine a football manager who got his team relegated from premier league to division 2 over 9 years and now in relegation zone heading for conference. Been paid good money whole time and never any question of getting sacked it makes no sense!!!!
We could be in for a perfect storm here. Oil/Gas potentially bottomed out, Russia situation seems to be getting worse and winter coming. We could easily be at 30-35p in 2-3 weeks before drill results announced. Maybe 40p if things get really rampy and oil/gas fly's.
Tennyson predicting $105 million free cash flow next year and lower capex, Just enough to keep production flat. Why do they think that?
"Cash generation in our model is much stronger in 2023, with over US$105m of free cash flow forecasted. This results from the full benefit of the 2022 enhanced drilling campaign, and our modelling of capital deployment, which assumes sufficient development drilling to hold production flat, rather than the more substantial campaign that resulted in strong growth this year."
Was reading up earlier and believe Deltastream was 92% oil and NGL's and all clearwater?! Canadians seem to be very excited about Clearwater. Deltastream had 500 development opportunities over 184 net sections and we have 129 sections so imagine our Clearwater acreage could now be worth quite a bit even undeveloped?
Deltastream:
"Over 500 net future development locations ^(3) , across 184 net sections of land adjacent to Tamarack's core Nipisi and Marten Hills operations"
" i3 has built its position to 129 gross sections (94 net sections, equivalent to 240 km2) of Clearwater rights in the Dawson, Cadotte, Nipisi, Marten Creek and Marten Hills areas."
The organized ramp crew Tony's ****ed off are now here en masse. Their goal is to get you to sell I3E for EOG. They are all over twitter also. These s cu m bags will either have top sliced or out completely with their profits prior to drill announcement. I was thinking of buying some EOG but with these fraudsters operating there wont touch with barge pole... BEWARE....