Member Info for BlackHopper

Morning all!

Back from the moors!

F it's hot in ol' Laandon town!!!! So, pleased to see the DELT distraction is gone. On the posts above, the WN-A EWT on its own is a massive deal. If the EWT is good then you have a big find right there.

The B drills (either) being successful is as Rover says, making a huge find just much 'huge-er'

Spud coming up and we won't have 'years' to wait. In a few weeks time we can wave bye-bye to the silly sod.

have a nice day and stay cool

lol

Miler, 210 bar is over the pressure of a full scuba diving air tank (180-200 bar).

If you open the valve of a full tank without the regulator stages attached the air comes screaming out at that pressure! So it is definitely ‘pressure’. Where it stands in gas reservoir terms is another matter.

Very steady guys ADX it seems.

In Rd he meantime we will see what happens before next Wednesday.....

Interested to read about Scarborough and offshore environmental concerns as about to go to N York Moors as part of showing son potential university choice. Not sure we’ll be diverting via W Newton.

More games ahead?

Well according to the Grim Reaper, all the II's are bailing out !!

Someone must be talking borrox

I wonder who it could be?

Good to read Malcy's sensible summation below. The SP is not up because someone is selling in a reasonable volume. But those shares are being bought up by other II's and PI's who can see the increasing proximity of a near term WIN of SCALE

Paper bag

yes there are but such is a BB like this.

The Chance of success as a percentage has always seemed a little misleading to me. it's a hard thing to put a number on in the best of circumstances.

Basically, we have to drill to find out what is there. They know a lot more from the A well data but it is complicated down there...

The pushing back of the A2 EWT is perhaps frustrating but makes perfect sense. See from a Rathlin/RBD/UJO perspective it ALL has to be done to get the data required on the asset. It makes sense to do it in the most cost effective manner.

Lack of exact clarity on timing may also be influenced by not spelling out when equipment will arrive to the Green Brigade.

So unsurprised about specifics.

Today's big LIE comes for Percy's 'II bailing' line where he conveniently omits to mention Utilico aquiring 200 million shares... just as a for instance. However, I don't think anyone on here is fooled by him any more and his attempts have turned lame as as soon as he goes overboard he'll get zapped.

Have a great day!

BMC, there is little point engaging. He has his agenda, it's very clear. Leave him to his sad mutterings. You'll be able to jab him in the eye before the end of September but plenty can happen before then... mind you, I expect he will go quiet well before then.

Thanks Rollin'.... fascinating.

There is gas in rocks!

Lupidog, I have not posted on this BB for a long while and currently do not hold.

However, I feel it necessary to say that that is the best post on here for a long long while.

I think LC will in time make some money but the taking of bonuses by the BoD is an absolute disgrace.

Absolute disgrace.

JP, in my eyes can NEVER ever recover from it. For that reason I think I will be staying out but I wish all of you the best of luck. BH

Can’t type on fone....

Miler, I did not want to appear too
Rampy!

Good good news will make upper single digits quite reasonable and will transform my life. I don’t even want to think about it. Too mental.

I’d be lying on the sitting room floor breathing into a paper bag!!

But it is this kind of result that the Utilico’s of this world are about. Hold tight!

If Cadeby is a hit you can forget all about 1.5p!! I expect the SP to leap to 3p plus at the very least.

If B1 to Cadeby is not a hit it will be trading time..... but we may have some A2 EWT data by then and that will impact on the likely outcome of the B2 lateral drill proposed across the Kirkham Abbey formation at the B well location...

In the meantime if you are like Rubey and compare form 8.3's to the May 12th II share holding on the website, you will see that as well as JO Hambro, a couple of other II's have reduced by .2 or .3% for whatever reason.... or infact, maybe they haven't but the enlarged share total created by Humber's 350 million shares changed their percentage necessitating new 8.3's

However Utilico's aquisition of 200 million shares(July 29th) is new.

They are not on the May 12th List. Go on their site and see the kinds of thing they invest in. A UK asset is not typical but they obviously see explosive potential or else why would they invest £1.2 million here?

Very good sign in my book, as is the steady holding of all the other II's.

I’m sure that’s a factor too Dave. Left people scratching their heads a bit. Potentially a great deal in some ways but not what people are or were focussed on and not a near term opportunity with first drill Pensacola H2 2021.

Clearly DELT/Cluff holders incensed by low valuation it puts on Deltic but until you know Pensacola and Selene hold gas then it’s not that appealing. I am guessing that the Pensacola prospect is held to be pretty likely to be a hit.

If S&S get hits on all their projects. If WN A2 flows nicely and B drills succeed and Parta wells flow and we do the DELT deal and their resources live up to their expectations and another 5 wells in California all work then they will be lauded as geniuses!

Bit too soon for that.

Still, the Humber deal looks very cheap to me.

Anyway, we can watch what happens in the short term for now

It is mad isn’t it. Still this situation will be corrected when the time is right. Now looking for significant developments over the first two weeks of August.

Nice.

What percentage of UJO’s MCap is their WN interest? What do you think?

RBD just acquired that for a fraction of UJO’s current valuation.

Absolute bargain if UJO is valued at anything like a reasonable level.

yup, I think you are all correct. The selling by one or perhaps more than one II has helped hold it down, plus the unexpected DELT offer. The discrepancy between UJO Mcap and RBD Mcap when percentage of WN taking into account is glaring and will become even more so once the Humber deal is confirmed.

So, either UJO is way overvalued or RBD is way under. I am sure many are aware of this anomaly and i expect we will have an explosive day or two coming.

Personally, i'm in and staying put so I am just looking forward to all the progress expected at Parta (EWT and IMIC-2...plus seismic) and West Newton (A2 EWT and B1 and B2 drills)

I think over the next 10-15 days things will start to get 'very interesting' if you know what I mean.......

VERY INTERESTING.

Long overdue.

That is good to hear TD. I have been in your situation so i know what it is like! I am a 'new' arrival with an average in of about .45 so it's a different game for me but the progress here and some of the board poster styles are very familiar from other situations I have been in.

The top of this thread tries to throw cold water on RBD referring to the least successful element of their strategy and ignoring the current main focus of anticipation. The same poster ignored what JD outlined about California and focused on 'decommissioning costs' a few weeks back. These are a long way in the future! Either he or Admin removed his slanderous post about the joint CEO's salaries and intention 48 hours ago.

Trolls of a certain nature tend to be pretty tireless when they perceive a window of opportunity to spread doubt. It's very annoying to watch and read for me, so it must be much worse for a LTH underwater. It's actually shameful behaviour and I am always disgusted by it.

Oil and gas exploration is NEVER certain. There are always risks. However, to trawl around for negative insinuations deliberately and mischievously is very poor. I hold @inevitable water ingress speculation' in the same category. Complete speculation.

Not too long to go before some real news. ADX like to notify asap so the acid treatment news could be soon. BrokermanDan is usually early in his leaks but perhaps that Humber deal is a done deal. Whatever the case the rig mobilisation on the B well site draws near and many peoples minds will be focusing on that as the SP is likely to climb in anticipation of sch.

Which is why O2B says patience pays. Follow the money. It's the best policy.

I particularly liked the Utilico RNS yesterday and just a teeny smidge below notification!!! sneaky

Rodster ...... Sachin’s wife owns 3.24% of the company!!!!

Do you think they did that on the off chance?????

Errr no. it’s not a question of will this go up, just how much.

Relax.

Rubey, you need to add Utilico to your list. They are not on the 8th may website list. so they have been buying....

yes it does. I mean patience that is. Clearly something has leaked somewhere whether it is true or not.

However, this kind of rise was due, not least because the low SP was stupid in relation to the share of WN already held and ridiculous if you added on Humber's 16.67%

However, do imagine what a piffling rise this is compared to, say, a positive A-2 EWT RNS or a B-1 drill showing oil. Even just the spud of B1 might make a double figure rise happen.

Until the SP reached .9p it's just cheap, plain and simple.

Rubey, thanks for that. Fascinating watch and listen...

I have been out for a long weekend and see some geological speculation as been taking place. It's ALL just that. Speculation.

The most interesting thing about this speculation is the desire of people who it would seem do not like the chances of RBD and hence probably don't own shares to post at length on this BB. I find this intriguing to say the least. Gas, oil, condensate and water...... that was never mentioned. All being speculated on by people who have not had access to the data acquired by Rathlin and shared with it's partners.

It really is something. A couple of things we DO KNOW is the A-2 well encountered a 65 metre column of HYDROCARBONS.

We KNOW the data was enough for RBD to raise £24 million at a SP 50% higher than today's from II's.

We know both the B-1 well spud and the A-2 EWT will commence in the coming days and weeks.

We KNOW that the data is so 'BAD' that Mrs Sachin Oza and son/daughter own 3.24% of the company

We KNOW that one II has sold a few shares but the selling amounts to 1-2% of the total and the MM's have been eager to buy in 2-4 million quantities but not so keen to sell those volumes.

I prefer the stick with what i KNOW than listen to 'experts' bang on about what they don't know. But that's just me. Have a great evening and stay cool. Nice. BH