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Just listened to GJ’s interview and that’s the first time I’ve heard him talk about duel completion. When this well is fracked can they then complete and frack another zone and co mingle? As for China, I’m expecting them to farm out half the licence To fully fund drill costs. For example Eco Atlantic hope to farm out their Guyana licence to Total, 25% for 12.5m! I think eme will do something similar and the share price will respond to that. Eme’s China license will be very prospectus given its adjacent to a billion barrel discovery, similar to Eco’s.

Well done planterman, Ela has been a good share for you. I’m expecting a good rns next week showing operations as normal, Opuama 8 confirmed flow results, Opuama 9 progress, record production levels and possibly a forward looking plan post opuama 10. Perhaps another jetty for the local swamp village named Gbetiokun!

https://assets.geoexpro.com/legacy-files/articles/Bright%20Future%20for%20Coal%20Bed%20Methane.pdf

If they targeted the Forcados terminal then this could possibly Upset elands operations. But it said to directly target offshore majors, there would be many ways to do this. In the past they have targeted offshore pipelines with divers, so this may not directly affect Elands operations. There’s many way they could do this without effect on eland. Eland is not directly their target. You’ve got to make your own judgement and I’ve made mine.

Just like I said in my post last night, I’m staying! The article suggested they will be focusing on offshore majors, Eland is not this. I rode the last one out and will do the same again, the secret is not to invest more than you can’t afford to loose... Eland has lots of potential in the next 2 years and the management have proven experience in the region. Not phased!

It�s about time George Maxwell updated his investors on how he is going to spend Elands huge cash flows. My research suggests the following: Elands primary focus is to maximise the value of its existing assets, based on this, I don�t think Eland will be looking to purchase additional assets, yet. OML 40 represents a portfolio within a single licence. With this in mind, the near term development for 2018 / 2019, as far as I can see is likely to be the following. Opuama infill wells, 8 into production and 9 & 10 work overs. This is already confirmed. Gbetiokun �discovered in 1987 through Gbetiokun-1 and appraised in 1991 by Gbetiokun 2. Gbetiokun-2 encountered oil in 20 reservoirs, 9 key reservoirs! That is some well by the way. Wells, Bime-1 and Bime-2 have been drilled into Gbetiokun but on another licence by another operator. It is planned to work over Gbetiokun -1, build an EPS & Produce through leased floating facilities, with initial export by ship. In addition to Gbetiokun -1, FFD of the Gbetiokun field consists of 12 wells completed in 2 phases of 6 wells per phase. The second phase will produce significantly less than the first but this will top up the decline of the first phase. Gbetiokun-1 cpr suggests 7.8kbopd although Eland estimates more than this. Oil production for Gbetiokun is forecast to peak at over 50,000 bopd (gross) and gas production at 25 MMscfpd (gross) and this is expected to be achieved with the first 6 wells (phase 1) together with Gbetiokun-1. Ubima FFD -Initial production forecast of 12,700 bopd gross** (2C case) from Ubima-1 and 4 new horizontal wells (dependent on success of Ubima-1 EPS). A combination of Opuama, Gbetiokun phase 1 & Ubima FFD is forecast to peak gross production of 85,000 bopd (Gross) and all this is by infill drilling only! Low risk! This will all be covered by cash flow and debt facility. The last 6 months has been fantastic, but my fellow investors, the next 2 years could be even better! GLA�. I�m staying.

Well if ELA commit to Gbetiokun-1 immediately after Opuama 10 and then on to the FFDP of the Gbetiokun field, my judgement call is to grow some big balls and hang in there! GLA. An oil company is only successful if it has a good resource and that's what ELA have here. 60% recovery due to aquifer charge!

investor presentation confirmation, hopefully the ceo will be able to demonstrate the fantastic economics of this project now Trump has revised the us tax bill. The USA is a great place to do business for the oil & Gas industry, not only through economics but also through permit & regulation. Very Gung ho, they get the job done, quickly! All been well we should have some more interest come Feb. No problems mullins58, thanks John21. Its nice to see others are on this board, some times i feel i must be going mad.

Eme have options, maybe they’ll choose more of mako over California?

This is significant! https://www.forbes.com/sites/davidblackmon/2017/12/21/the-final-trump-tax-bill-a-clear-net-positive-for-u-s-oil-and-gas/#123bc1da4420

article from shareprohets i posted yesterday We own these shares but Zac "The Knife" Phillips is the City's No 1 oil analyst so we have an excuse for flagging up his latest note. His employer, SP Angel, is also shop to Curzon (CZN) so even the great Zac cannot be deemed impartial. However, the leader of the free world has done another "beautiful" thing, slashing US tax rates. Zac opines: Curzon Energy $47.9mm (49p) � Making Good Progress: Today the Company updates the market on its progress at its Coos Bay Coal Bed Methane (�CBM�) project. We believe that the pace with which the Company has moved to connecting the field infrastructure and commencing the workover programme underlines the priority that Management place on generating shareholder returns. While the elapsed time to this point has been short, it must be remembered that testing on CBM projects is often longer than for a nominally identical well from sandstone, or more conventional reservoirs. Updating for the 2018 commodity and currency outlook, given the mechanics of the Oregon gas market that Curzon will sell into, the valuation is unchanged at $32.5mm, but the stronger sterling (2018: ~$1.35/�) weakens the per share valuation to 33p ( TW Note it was 37p prior). However, both these effects are offset by the US� tax law revision, which sees the tax rate decline from 35% to 21%, adding 47% to the valuation through a combination of an increase in our estimate of Economically Recoverable Contingent Resources and retention of more cash within the company. Our valuation now stands at $47.9mm (49p).

https://www.forbes.com/sites/davidblackmon/2017/12/21/the-final-trump-tax-bill-a-clear-net-positive-for-u-s-oil-and-gas/#50b511be4420

US’ tax law revision, which sees the tax rate decline from 35% to 21%, adding 47% to the valuation through a combination of an increase in our estimate of Economically Recoverable Contingent Resources and retention of more cash within the company. Our valuation now stands at $47.9mm (49p) https://www.*************.com/views/33719/thank-donald-trump-at-10p-curzon-target-price-increased-from-37p-to-49p-zac-the-knife

Indeed these opuama wells are mega, infact oml40 is proving to be a very credible resource. It gets better, Gbetiokun-1 is forecast to produce 8kbpd. FFDP for Gbetiokun is forecasting First 6 new wells, together with Gbetiokun-1, expected to provide an additional 50 million barrels and potential for over 50,000 bopd*** gross production per day. Gbetiokun currently only has 2 wells and needs an eps so a while away yet but with the cash flow generated by opuama there’s light at the end of the tunnel. All investors should have a exit strategy but with so much potential here it’s difficult to plan one!

We have opuama 8 flow results, 9&10 workovers 2018 H1. What is the plan after this? Gbetiokun-1? Any thoughts?

http://www.proactiveinvestors.co.uk/companies/stocktube/8612/curzon-energy-excited-about-well-tests-at-coos-bay-project-8612.html

Finally responding to the oil price movement, so much potential here. Opuama 8 flow tests due any day, plus opuama 9 & 10 work overs q1& q2! Massive cash flow! Apart from the geopolitics there’s no other downside. Those who dare, drink champagne...hold tight guys!

just read the progressive report pdf, wow! Theres absolutely loads of potential here, but as always with this industry, its not with out risk! fingers crossed, I'm reassured by the fact exploration is what this management do best. Hopefully the near term less risk work overs and drills in the Fracci�n C & D licences progress as planned to raise cash flow in order to support the more rewarding exploration. I'm in for the long haul, GLA this is exciting.

everything on track and going to plan This is significant to me... "Following evaluation of this work programme, the Company believes that well bore obstructions due to the presence of sand, coal and debris, may have created flow restrictions, in particular from deeper pay completions, resulting in historic test rates below the actual potential of these wells."

In Namibia, the Company holds interests in four offshore petroleum licences totaling approximately 25,000 km(2) with over 2.3 billion barrels of prospective P50 resources in the Wallis and L�deritz Basins. These four licences, Cooper, Guy, Sharon and Tamar are being developed alongside partners, which include Tullow Oil, AziNam and NAMCOR. Significant 3D and 2D surveys and interpretation have been completed with drilling preparations expected to begin in 2018. With Guyana 3D accelerated, brought forward 2 years, there’s a good chance we could have a drill in both Namibia and Guyana this year.