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Well that was a nasty little dip.
just bought 10k worth. hope this pays off!!
Thanks, seems to good to miss, risk but could be a great reward!!!
Gooles2, it’s definitely not the wrong board, I was just comparing 2 different RNS’s to TD and suggesting this seems very promising but asking the questions is there still room for the SP to rise prior wire results. Have a look at the 2 RNS’s and calculate the difference yourself. I have made a 6k loss there but thinking about reinvesting here.
Just comparing this drill to ujo at Biscathorpe and the RNS seems very promising, ujo knew from drilling it was water saturated and read c1-c5 levels from the initial drill. They must know they have a very high COS now as will of been doing some sort of testing already. And wouldn’t go onto stage 2 if they thought it wasn’t worth it. Do I bye now for the result or have I missed the boat??
How long until we expect to spud from now?
new2trade - go for it - easy 30% increase this month
let the rise begin - RNS will start the rise imo back to 0.16 some point this month
Topped up today, bring my average price down. Wish I could get more. Rig on way, bis data, Wressle, accounts due. Tic toc
it nearly doubled from this price when we spudded bis, no reason why it wont again with WN having a better COS and bis as a side track once data is analysed. Still lots to play for, sorry for the ramp but we are still in a really good position here with 3 rolls IMO.
Not long now until we spud our best prospect with good COS, wish i could top up but already in and staying in for the ride north.
Is West Newton a discovery well? This will bounce back once WN spud just like bus but could go higher with better COS. Holiday for WN which was always the plan.
Jeffry, I think you meant to say if that happens, still good chance it can take off in the other direction.
Exactly Mix would be nice up confident now they are testing. Time will tell. Thanks for all your posts, keep us well informed.
Wow!! Nout like blowing his own trumpet. Sp move just because of him, nothing to do with Bis spud, WN or making movements on Wressle. DB can hang his hat up CO here now!
It doesn’t make sense when people say they are slowing down the drill towards the end. Surely when they done the calculations on how long it would take based on depth etc they would of factored in they would slow down towards the end. Not it would take 30days going full belt but forgot to mention we slow down and that will at at least another 13 days. So my guess which is still a guess they have hit and are testing.
It’s an appraisal well, why would they need to inform us they have reached TD, they know theres oil their and told us in the RNS it would take circa 30days to reach TD, they have informed us.They didn’t say we will update you every 50 meters and confirm when hit. Because it’s an appraisal they are probably just gone straight onto logging, flow test and will inform us on how much oil there is when ready. 3-4 weeks to complete tests after expected 30days drilling to TD takes us to the beginning of March. This will fall in line with Rath spud to have a double RNS which will draw the crowd in and put UJO on the map.
Imo
GLA
Steday on, ist olny a spelinlg mtiskae. Bit deslyxic
Someone ask Gravy stock if his sauce expects good or fricken great news!!
I would like to think we will get an RNS by first thing tomorrow as DB is suppose to be doing an interview tomorrow. can not remember where that information came from if anyone knows who he is suppose to be doing the interview with?