Member Info for Brombarb

"A presentation detailing the drilling timetable and testing program will be released to the market prior to spud"

http://clients3.weblink.com.au/pdf/88E/02201755.pdf

Not an ANN or RNS a "presentation" which we have.

Tondy
I wonder if the drill schedule was what we got on page7 of the February presentation, no where near as detailed as past wells but it tell us the TD, total programme time and the potential targets and testing times.
plus that caveat
"with reporting of results determined by materiality and continuous disclosure obligations"

Malguk-1 Day 9 4420' first (recorded shows) at 4695' - 4740'

06:24 Mullins 58 something to go into the library for reading and reminding :-))

05:15 correction court case does not go to court on Friday.
Case has been to court and is now subject to appeal, been in limbo now for over the year, if a decision is reached and bonds released we will probably take a 7 - 10% haircut, I calculate a US$2M credit after loan paid.
Thanks for post at 06:00 have added to http://88ewiki.wikidot.com/north-slope

Brent $36.04 (08:45)
http://www.livecharts.co.uk/MarketCharts/brent.php

25.6M (0.36%)

0.016AUD = 0.00804696GBP

ASX(close)
1.6¢ 11.1% down
Volume20.25M

Chi-X (close)
1.6¢ 11.1% down
Volume5.371M

perhaps the answer is drink lots and lots of alcohol and perhaps even wash you hands in it (just the cheap stuff).

22:43 I look forward to that hangover :-))
best wishes all.

just been looking at SARS 2003 - first cases November 2002 - by July 2003 no new cases being reported, covid -19 seems more prevalent (or perhaps the media reporting is more focused) but this could possibly follow that pattern.

I feel a big hangover happening :-))

22:16 Look forward to that evening and perhaps a few more :-)

Islayman Happy Birthday friend, I am a bit older than you and very conscious that I am more susceptible to coughs, colds, sore throats these days, so meals out have stopped and I will be avoiding crowds but with grandchildren who are walking snot monsters it is difficult. Just looking to survive.

21:40 your money, your choice DYOR

page 7
https://www.premier-oil.com/sites/default/files/presentation/2019-Annual%20Results-Presentation.pdf

18:45 also why it is wise to have a mixed portfolio, shares form a relatively small amount of my total investments, but having some cash available to take advantage of some of the barmy prices today is not a bad idea, sure some of the big boys will bounce back if not tomorrow within a few months.
All the best to everyone, hopefully as we move towards the warmer months Covid-19 will lose some of its Virulence and the Saudi's and Russians will see some sense.
A question do not the oil producing companies sell forward to give some security of pricing, so how immediate is POO affecting them.

At least UT trade tonight seemed realistic, see what happens in SH tonight.

15:07 No idea we could get an update tonight, on the way down, at TD or whatever, not being obtuse but it could be anyone's guess.
15:15 about the only "positive" about the TUATO is that all oilers ( and most other shares) seem equally or worse affected today :-(
15:30 Come aback and make us laugh soon, all the best mate. give a Quokka a cuddle for me.

14:48 before spud a 20" conductor casing is installed to prevent water course contamination but also surface washout.
For MAlguk-1 that casing was 110' deep.
So on spud day the drill actually achieved 320' but the total given depth was 430'.

13:35 I agree totally, for me a "material hydro-carbon discovery" would need to be that, which could (probably) well mean after flow testing.
The company will be given discretion and time to ensure what is reported is accurate and will not lead to a "false market".
Definition of materiality and false market is given in the ASX guidance notes.

https://www.asx.com.au/documents/rules/gn08_continuous_disclosure.pdf