Member Info for Brombarb

Bill Armstrong seems to think there is oil directly East of Winx, adjoining leases in fact :-)

sure you will find it on twiiter or LinkedIn :-)

I am thinking the Torok may surprise based on WINX presentation and Decker Nanushuk presentations.

PS neighbouring WINX leases mainly to the East , plus also subject of w.i. transfers to Armstrong this year, lots of things happening on the Slope.
Nothing is leaked, it just gets announced.

http://dog.dnr.alaska.gov/Documents/Leasing/2019-02-13_Assignment_Decision_GMT_Exploration_Company_LLC_Repsol_EP_USA_Inc_v1_0.pdf

"The prospect, identified on modern 3D seismic data obtained through the Alaska Department of Natural Resources, Division of Oil and Gas is illustrated below in the context of the four graticular leases that comprise the Western Blocks in which Otto holds an interest."
"As can be seen some of the block area to the south is not covered by 3D data and as yet uncalculated upside potential is likely to exist in this area as well.
Further encouragement that the prospect will be found oil bearing is provided by the presence of oil shows seen in the adjacent Itkillik River-1 well drilled in 1978. Here oil was observed during drilling at multiple levels within fine grained sediments.
If 3D data had been available at the time Itkillik River-1 had been drilled, the well would likely have been moved further south to intersect a better reservoir quality and more continuous sand interval. This higher quality sand interval is the key target for the proposed Otto well. "

http://www.ottoenergy.com/site/PDF/2496_1/OttotoDrill400MMbblNanushukOilProspectinAlaska

Happy Elf, I think video explains the risks very well, think a few here should take a little bit of time to understand the risks of oil exploration, gratefully the zones we are drilling into with Winx are much better understood and we have a drill master in EO in charge of a rated rig.

bit more on Ryan Moynagh look at previous life.

https://www.linkedin.com/in/ryan-moynagh-89763525/

HE although GBP permitted 3D it was never actually undertaken, Otto used older 3D and Stolt migration technique.
Never understood why GBP did not sell or work the leases before their crisis, although think that they had probably lost a lot of goodwill with supplies, hence Nabors lien and Geokinetics w.i. deal and of course they were badly stung by the exploration credits situation, think owed ~ $130M.
I believe that is GBP via Ryan Moynagh invited OSH to Alaska but OSH decided to go with Bill Armstrong, so possibly reluctant to go piecemeal.

Think this a good presentation of the risks, if you do not want to watch all from 25 minutes on it gets interesting.
Asks questions and explains how the risk is calculated (not guessed).

https://www.youtube.com/watch?v=TeXpxXMsC-k

Have seen this calculated over four factors as well.
see:

http://wiki.aapg.org/Risk:_expected_value_and_chance_of_success

01234 yes a few traders hoping to buy in cheap, pump it a little and then get out :-)

"Rig mobilisation about to get underway with spud by mid feb. I’ve never been so confident with striking oil than with this prospect."

changed your mind?

suppose it depends on how much oil, the reactions of likely buyers/partners for example OSH COP, the alternative timescale and cost of infrastructure ~11 miles to COP CPF-2 if into production.
Will Pantheon wish to buy in? What are the othr consortium partners hoping to achieve?
Of course also term of any FO could have an impact, if we have cash in bank where would we like to direct it?majority owned projects Western Fairway, HRZ and Yukon or the western Blocks?
Think one step at a time, lets see if we can prove up WINX as a commercial prospect and get the FO for Icewine conventional.

I'm not :-)

Oil Search leases 2 floors from BP in Anchorage
While ramping up its Alaska workforce from three in March 2018 to its current100, Oil Search has also been outgrowing its office space in the Peterson towers in downtown Anchorage.
As a result, the independent has signed a three-year lease for two floors in the BP building on the corner of Benson and the Seward Highway in mid-town.
petroleum news

thetic just compared the RNS's (AIM) to ASX releases.
Only one operational update was not issued during the business day on ASX and hence before release on AIM.
By my analysis that was on 3rd December.
Only other late ANN and that related to a 3B document.

https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=88E&timeframe=Y&year=2015

MikeyT21 not even heard of "DVT" as per your post, heard of "dark pools" trading which I think may be the same.

Neversatisfied well we only know what we have been told :-))

moneyhawk I am completely confused now, think there will some "nessun dorma" going on.

https://www.youtube.com/watch?v=rTFUM4Uh_6Y

~20M shares traded in AIM, lets hope we can keep the interest and the shares moving in the right direction.
GLTA