RE: PH26 Sep 2019 18:42
Just want to get another point out there.. The institutional Investors do not part with that considerable amount of funding without seeing proof for themselves, and they scrutinise everything and so they should. Also as said earlier, the whole point of the Nomad facility is to make sure that all relevant information has to be cleared by them, so at the early stage, just after well completion...it was flowing under good pressure in excess of 700bopd, whether you choose to believe that or not is totally up to you but all the facts are there to support it.
YES, PH is a bit green, but the rest of the bod isn't and he can't just start spouting off figures without their approval...and the Nomads, (more importantly).
I know there's a fair few down on their investments, but looking at the bigger picture and near future, you will be happy with your investment. That said, IF 38 dosen't replicate 16's earlier results... then fair do's there doing something wrong, but we know the oil is there now and that's a proven!