Member Info for Bubblepoint

It'll be the "rig" company over at Leni "laughing" gas's Milker site, that will have seen how quickly the last workover is watering out, so decided to roll up quickly to get another well under their pay belts before it all turns to sheite....

I certainly don't deem this ermmmm drilling out of old Bridge plugs (water isolation plugs) as some kind of master stroke he has pulled out there, any dvmba55 hopeful can go in and drill em out, and yes you will get some initial time settled additional oil flow, but it almost certainly won't last very long before it all waters out AGAIN....

It's a classic Leni full of gas story !!!! and it will be exactly that for anything the Stetson wearing "milker" does at HH, if anything !!!

""The drops in flow where just the regular monthly maintenance as detailed by Angus.""

REALLY !!!! only fools take the word of such outfits as the "whole truth. and nothing but the truth"", the reality is far more often not what they say, but what they don't say !! bunching problems that are dragging on badly since the removal of the "temporary separator" under ermmmm "maintenance" doesn't cut it unfortunately !! but good luck with it regardless !!

It's what they do, feed badly starved, damaged retail punters with continuous drip feed "hope", raise more, spend more and deliver little to nowt over a VERY long time......... when you starve desperately underwater retail, they will hang on to EVERY word and so the "show" goes on !!!!!!!!

Well if they hadn't written off this section WHILE DRILLING then then would NOT need to have gone to the extraordinary lengths, time & cost to bring them in now.

Add to that, there is no point perforating unless you ALSO have a plan to retrieve samples, the oil scuzz that was recovered from the mud pit was only there because it was circulated out from the hole as they drilled, it doesn't actually "flow", therefore they will either need to have some form of pump on site to lift anything that enters the wellbore, or to run samplers on wireline to catch fluids in the bottom.

I still struggle to get my head around what the point of all this really is !!! they know the "seep" is leaching into the geological Aquafer or fracture from somewhere else, so stop pishin around, do the seismic and go poke somewhere else to trace the supposed source !!

So how long is it going to take to transport the Perf Guns.......another 6months !!

I wouldn't wish for news on these anytime soon, you are only wishing for more disappointment unless you actually like water ??

Clogs, All I can say is IF you can make 6% then I would get them sold lol.... it doesn't last long !!

All I can say Baits, is I hope they can keep the flows running upwards, because gas futures are ALL in the low 90's, nothing in the forward months sitting above 92p, which is dire for this time of year, and looks like no sign of an up trend any time soon.

Yep, kick the tin of carrots a little further down the road !!! Leni "laughing" Gas had to run away after his Stetson wearing showcase of the Kimmeridge being the NEXT Texas, BILLIONS of BARRELS just waiting to be extracted he said !!!

hiccccc Hicccccccccc ermmmmmmm NOPE !!! nowt there,,, OK, must dash,,,,got some old wells actually in Texas to go drain some dregs out of, trick with that is you simply don't tell the market how much water you are producing to each barrel of old black stuff... YEEEE HAAAAAAAAAAAAAAAAAAAAAA always a "milker" in the making !!!

"Some great postings here last few days from the posters at the top of the food chain since the news but sentiment is everything if you want to make decent money and sadly we don't have it."

Yes there has been some well constructed posts, and I agree sentiment is needed, but also we have had over 2000 trades over 2 days. I haven't seen that level on an Aim oily for a while.

OK, for sure there was a chunky seller, but as BDC noted in his last post, it is more a "changing of the guard", there will almost certainly be new blood in here as the seller created a bargain basement, sometimes it isn't always a bad thing.

Add to that all the pending activity about to be unleashed with typically much higher RNS flow, then although it will hopefully make a strong recovery and beyond, it's likely gonna be a fun & volatile ride too !!

Ps, just to simplify it for you, it's called "care in the community!! It's a case of cruel to be kind sort of thing,,, anyway you get the gist lol...

Insidious,

If you look at the total history of this outfit, then it is VERY obvious that not only have they failed to deliver ANY retail investor upside, but that they also show a blatant disrespect to Retail too, they simply do not care, as some have said, it is more a "life style" outfit, than one that takes on a project, and delivers upside for both them and Retail.

USUALLY outfits do a placing to raise, and present the plan that they will utilize those funds on, USUALLY with the intention of multiplying the return on investment in a timely manner, and OK, not every project goes to plan, and some do fail, but this shower has more lives than a ferkin cat,

I mean gezzzzz you would get £6m + per year interest if he just stuck the lot in a decent fixed rate account, which is about 90% more per year than what they manage after spending £110 million and issuing 23.8 BILLION confetti shares.

Can people make money here ?? even now ??, well theoretically yes, but by ekkkkk you need to be ultra sharp, along with a fat dose of luck, but then why bother ?? there are a 1000 other companies out there that you can take a much more calculated punt on with far better chance of a profit, Basically you need your head testing if you seriously think this is an outfit worth a punt these days.

Why am I here, well, although I did handsomely out of it early on, I bailed at just the right time, the cracks today resemble something more like the Grand Canyon.

Is the Weald a waste of time and money in general ?? no not at all, there will still be other commercial pockets to be either found or extracted, but not by this outfit, I am surprised they manage to tie their own shoelaces in a morning, and I would not like to see some newbie punter come along and get suckered into it without at least seeing some of the reality, it needs a serious health warning on it !!!

You likely have the attitude of "well it's dog eat dog" in this world, but Pi's are up against it in this world, and the real objective should be to "beat the market" not rob your neighbour...

"""Rather than cut their losses and move on they would rather stay here posting their crap 24/7.""

Insidious,

That's a bit harsh on peee booo, Adrian, HH, yourself and a few others !!!! It's only money, when it's all gone, it's gone,, you all put it in the safe control of the mad hatter leader, and he is doing a sterling job in spending it ALLLLL

We should also remember that BOTH Anchois 1 & 2 were basically suspended to be utilized in the future field development, which is actually a massive head start on planning, cost & time. I am sure that was of notable interest to Energean during their assessment and negotiations.

Oiiiiiiiiii where is it ???? MAYBEEEE that pesky 75m trade after hours killed the beast stone cold dead !!!

Ohhh welll will it be blunderbuss Monday ???

Made me chuckle that ibug, though you missed a trick, you could have changed electric meter for "Water meter" !!!! it spins quiet hard at HH I believe lol.

It's OK, BV will have a solution or illogical reason no doubt !! Overall though it continues and is bloody awful when they really need it at it's best for both revenue & for the illusive finance due diligence & safe margin discount that will be applied

Quiet a few chunk sells today, I can ONLY a55ume it must be the 5% traders making the best of that ermmm UNCROSSING trade at close yesterday lol.........

In all fairness, EVEN if it was ermmmm "profit" from HH, then it equates to 0.6% yes, that is NAUGHT point 6 percent of the £110,000,000 they have squandered to get to that point, PMSL,,,, awesome !!!

Duster--inmong, you best change the first part of your name if your going to post once we start the Onshore drilling program, we don't want that word anywhere near ;-))))))))))))))))))

Not sure what all the fuss is about really !!!

Almost everyone here has been waiting for the Offshore deal to be done, the company delivered that yesterday, a deal that is about as good as it gets in the terms, OK it isn't a Major so to speak, but nonetheless Energean are not too shabby either.

I would 100% say the terms of this deal are hugely better than anything a Major would have given, so Chariot are damned if they do, damned if they don't, because had they signed a Major in, and the deal was half what is on the table today, we would all be shouting "shafted".

No one expected the price action yesterday, it is clearly not easy to put a finger on exactly "why", someone or outfit sold a hefty amount into that volume yesterday for whatever reason, and we don't know, maybe they have a very good profit even at the lowest 10.5p yesterday, and used the volume to take that out, who knows !!

We move on, the multi well drilling program for a significantly easier, cheaper and quicker onshore is coming up fast and that should breath some fresh air into the stock, and as Energean is Operator for Offshore, then Chariot can put their fuller attention/focus on what is afoot.

Let the games begin !!! well they already have lol.....