Member Info for Bridgedogg1

Should be fun on the close.could come during trading, don’t get left out...

Good luck today all holders

As we know its all going to be in the detail but we haven't spent a huge amount of money on the conv to date so am not expecting a large cash injection. We may well have to 'shell' (?) out a proportion of the costs on future drills and large investors will know this. Wont be able to get a loan unless we have oil flowwing on booked reserves. I expect more cash and much better terms on the HRZ FO. Could be wrong with all external factors are in our favour at the moment, oil price, size of the prize, major interest in the area, local infrastructure, we all know this but I've just been having a bit of a reality check in my own expectations. No doubt it will be positive for us all though.
With 2 FO and a partner on Yukon institutions will come sniffing, but that wont be this month IMO

Decision is due 28/06/19 according to Waverley gov website?

Might be the FO doesn’t impact the SP that much. It’s not like we will be drilling straight away. Slight rise then drift is likely unless there is solid news flow on other projects. Will be good to get up off this floor but don’t think we will be running just yet.

Looks like it’s all timed quite nicely for him to get a good few shares then

I’d love a little rig of our win but we can’t afford it. The delays have tied up too tightly with other ongoing drills to suggest anything other than we are awaiting rig availability

Last trade, mid price, 1p, £1000, 100,000 shares. Amazing. Must be a sign. 1000 PIs due £100,000 most likely. Very excited at the moment

£65k worth of buys

The examples are multiple working interest in the same projects, which I don't think was what you were suggesting?

Interesting idea Phrontist, but how would that work? If we farmed out by well or play then everyone would be waiting on other drills to inform on theirs. No drills would be completed or it would take absolutely ages. I don't see any other way of doing it other than separating out the conv/unc which we have done. And we havent exactly been bogged down, its negotiations, contracts, terms. Can you imagine trying to do that with the multiple parties involved on multiple wells/plays?
Now we are almost completed with one bidder and ready to start with another on the unconventional. All seems to be progressing nicely, no reason not to think so until told otherwise.

Thanks for confirming

I'm over on UKOG and wish you all the best of luck with the drill.

Maybe one of our ex partners needs cash for something urgently ...

I’m not invested here (yet) but just wondering why everyone seems to have written off the oil? The drill is targeting gas and oil in different formations, with the gas on top. They will have to test and prep for each independently. Just because there seems to be prep work for testing on the gas doesn’t mean no oil?

Nothing is certain but this must be one of the most derisked multibagger around atm.

Getting ready for another push IMO

Might be liaising with local constabulary..

. Further necessary logistic and administrative arrangements for the arrival of the drilling rig and associated services are scheduled to be finalised this week.

We already knew the rig wasn’t on site. We already knew the June date was looking suspect. Now we have some further clarity. I bet looking back at the news flow in a years time for this period it will all look straight forward and well communicated.

Right Mr 5 posts. Please go ahead and place that short. Best of luck to you and your financial analysis! Thumbs up, great job...

Just providing an update that all is in track. What we asked for. IMO we will be producing 3000b/d just in testing soon, £200k per day. Plenty of cash to buy and run our own rig.

Well there you go. All good and all is good.