Member Info for Bluboyz

1 tcf of recoverable gas for Sound is worth aprox. £1.50/share.
To apply the £1.50 sensitivity convert the goip to recoverable by 50%. Convert that to sounds equity share of 47%. This gets you the recoverable gas for Sound. Apply the sensitivity to get pence per share.
Te10 as an example using midcase.
P90: 1.2tcf 50% recovery 47% Sound share £1.50 sensitivity = 42pps
I m no genius but we only have 377 recoverable dont we.

We have been shafted with the wording and its hard to believe that they didnt realise what our take on it was.

My reply from jj indicates to me that sadly for us all fellunner is correct.

Shaun you are correct in your little dig at me as it was deserved. I was getting desperate as you would if you d seen the politicians reply jp gave to my friend. Apologies.

Shaun you are correct in your little dig at me as it was deserved. I was getting desperate as you would if you d seen the politicians reply jp gave to my friend. Apologies.

Could one of the respected posters on here please confirm that a tcf of gas is worth £1.50 net to sound. A friend has emailed jp and has not had a clear reply. Jp has said that he would get jj to respond. I have sent jp an email and copied jj s responce to lewis in octobers fsc. In this he categorically states that £1.50 per tcf is net to sound. No reply yet.

Wornbuffet i too looked back at the fsc and was going to post as you did. We were told by Brian that we would not get results till after logging. End of. GLA

I do not wish to arm wrestle you over how much a Captain would know about drilling operations. In most instances very little i agree. If you had read my previous post you would have seen that i commented that my friend had drilling experience. As i said he started at the bottom before heading the drilling team. He is very capable and has worked for the largest companies in the world. I was only trying to solve another sound riddle with the aid of his knowledge. I have always found your posts helpful and informative and i am sure we both have the same aspirations for Sound. GLA

I posteded earlier today that a friend of mine was the Captain on a rig. This was questioned for some reason. Possibly ignorance. Well knowledge is power so they say . There are such things as self propelling offshore rigs and these have people in charge who are referred to as the Captain. Hope that helps. All powered up are we? GLA

Ddboy.
My friend rose through the ranks from the bottom to the top and via the drilling of many exploration wells.

Reply from my mate.
They could miss out the 7" liner and set the 4 1/2 production tubing in the 9 5/8 casing. Not common practice offshore but not unusual. Still all looking good and no problems so far.

I would add that in my conversations with him he always states that we are in safe hands with Shlum. GLA

Cheers drjenner and prime.
On another note. I have asked a friend about the 7" liner question. If required or not and the implications of this. He was a captain of an exploration rig and been in the game for 30 odd years. I will post his reply.

Primetime is that an email from James. If so he is saying that we are IN the reservoir. I would be extremely surprised if he gave up that info. Could you confirm. GLA

Cheers for the reply petrol.
Love the smoke and daggers at the moment. We have the webcam suspended and i think Crude is part of the news blackout with his yet to be downloaded film. Lol

Have i read somewhere that testing of TE9 would be rigless. I cant find this in any rns so may have been a fsc. Of course i may be totally wrong. GLA

For my own peace of mind i really hope we get the gsa before te9 results. James has more than alluded to a positve gsa which would help tremendously with the nerves. GLA

Joe. He did not. Just added that they cant give live commentary on operations.

I am not by any means a regular emailer of jp but i sent one this morning. Usual prompt reply. According to james these decisions are taken live depending on many factors.

Is it the partridge season? Bloody hope so!

Cos longwait you are never too far away from vermin. Rats are everywhere sadly.