Member Info for billy101203

Wouldn't be suprised if we have flow rates out tomorrow the way the sp has been jumping around and spread has been used today.

Its all about confidence, production, potential

If such is true then one would think Sp has been held down for such a move or some would call it reverse takeover. However at the moment we are only a one trick pony with Pine Mills. The others assets are not risk adverse enough to attract anyone. The price drops so they.

So called residents own more shares than you. Go figure that out.

good post

Its all if's and maybe's. Supportive as it is.

However I can remember certain wells we owned had 2mil bo reserves etc some leases had a ton more. Your well aware that its recoverable reserves that count. Or most importantly what actually is flowing at a given period. So lets hope we hit higher figures than F1 and F2 hasn't reduced F1 flow rate, as it is an offset well to F1.

At the moment I'm perdicting 15bopd to Ntog at the lowest rates. from F2. Higher flow rates I would say 55 to 60bopd to Ntog. Just a fag packet calculation as I don't think the D/well was worth it.

Irony of it. This is when they should be doing it when we actually have something to pump literally!

R2 being up stream a deeper dexter level should/would have helped alot increased pressure and flow.

Lets open choke size is bigger this time.

Postive RNS as expected.
Would have loved the the Dexter formation to be deeper than 6ft to really give flows a boost.

99.99% its agusher

However its the directional play that could suprise us. I think someone helful alluded to it aswell.

COS (cost)?

No but it should be a lot cheaper than R1. Most of infrastructure is already inplace from when setting up R1. I would say 7 to 8 days to drill unless we have an issue.

Whats that stand for?

If you trying pick on me becareful I'll go Putin on ya!!!!!

Wets himself with a 3% rise (6% spread) = 0% rise.

Come lad keep up at the back.

Should be TD now

Echo your sentiments.

Told you a few weeks back a polished turd is still a turd.

However we have to get over .85 before the really breakout. Thems warrants will weigh us down.

nothing came close to prediction last year.............it just was kicked down the road

1: Propagating oil price would move the Sp never happended.
2: 2nd well never happened
3: Tunisia never happened
4: Propagtion of 128 bopd never happened

What did happen was the Oil went up and saved us. As we would still be kicking everything in the long grass.

Now must work out how many battery tanks we need for 2nd well volume or is what we added to R1 back in Dec 20 enough as. If not mistaken this pad and tank set was readying for R2.

hepful be helpful!

Fantastic word!

YE results will be key now. Love to see which wells are being a pain. Where the money has been siphoned off to and whom.

Nonetheless we has a few bucks. Hopefully we can drill 2 to 4 wells in Q2 to take advantage of oil price before Irans oil comes back in the market

You lucky fooker!!! In profit

If it breachs .50 then that makes some in here 50%!!!!!!!!!!!!!!!!!!!!!!
4 for a penny is better than 2 for a penny

Keep up at the back

Simple truth is we know what revenue we have had for 2021. Few issues on the way but we have cash inhand. How much will depend on YE results which will give us a very good inducation of the true state of play (health of the accounts).

However todays buzz world is " accretive production".