Member Info for Brombarb

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ultimately I am sure a lot of LTH will be realistic in their expectations regarding the forthcoming drill, the announced low, high and best figures certainly give a wide "range of uncertainty ", but at least in this instance we had a lot of data to work with when calculating likely oil in place and recoverability factor.
Very important to remember this drill is optimised to test the Stellar prospect, what ever happens prior to us reaching the Stellar will not decide whether we have achieved success or not.
I think D45 got things in a nutshell
"The Torok is definitely worth a punt. If she flows over 100 bopd the bottle of icewine in my fridge will be getting cracked open (at last). Success on Charlie-1 will enable a return for a horizontal well there to maximise flow rates, and PMO to then likely activate the second farm into area B and continue the process. Let the good times roll."
Stay appy everyone.

https://www.spe.org/en/industry/petroleum-resources-classification-system-definitions/

Keefy01
"Production of the ice road itself is scheduled to commence prior to the end of 2019, weather permitting."
minus 38 deg C cold enough? :-))
Stay optimistic.

Sanny glad to hear you are near breaking even, I am sure we are due to see a positive trend in the SP up to the spud (but what do I know) and then it of course will depend on the strength of the operational news, but of course your money, your decision.
Hopefully the last 1.5 days of trading on AIM will see us consolidate or even grow the SP :-))

is not > = to Greater Than and that is PMO's figure.

I just answered 08:29 with the link to the PMO slides

more complete definition.
https://www.petropedia.com/definition/3730/stock-tank-oil-initially-in-place-stoiip

PMO state >1bn bbls (stollp).

https://www.premier-oil.com/sites/default/files/presentation/191206-investor-pres-dec-2019.pdf page 13-14
https://www.glossary.oilfield.slb.com/Terms/s/stoiip.aspx

15:16 A bit of healthy speculation does no harm as long as we are aware that is what it is IMO.
You are right that for DW 4.5c may have significance but that is a 60day VWAP so given the SP rarely flatlines if he is ACTUALLY intent on reaching the first part of his earnings potential then perhaps the apex SP may need to be higher to cover any drops over the period.

P24 enjoy you trip to NZ, hopefully only positive between now and your return.

13:35 astute and perceptive as ever, best wishes for the New Year.

Cheers I55 , reciprocated :-))

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trading and reporting calendars (ASX) updated.

http://88ewiki.wikidot.com/the-markets

11:40 brings it home that behind every moniker is a person and family, best wishes to you CG and of course your wife lets hope 2020 is finally the year when we really progress.
Seasonal greetings to all.

Amnesic thanks for all your work here, seems sometimes that you have put more effort in than the BOD :-)
Lets hope 2020 is different.
Happy Christmas all.

looks as if the "bots" slipped off early for Christmas on the ASX market. :-)

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have added (I hope the correct) link to;

http://88ewiki.wikidot.com/the-markets
in the alpha section below the main market info.

best to email LSE admin via "contact us" at bottom of the page.

talks about algorithm trading on ASX for those interested.
https://www.youtube.com/watch?v=lpNDjSEaYW0&t=1s

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