Member Info for Callum28

QS called it last time .
He speaks sense .
Nothing guarenteed but that last RNS confirms the plan .
But like signing off a mortgage a guess .
We will see as I know F all except the few breadcrumbs about .
Gla

There's money flowing in to India again.
At some stage some of it will head our way.
Chill is the word ;)
https://www.thehindubusinessline.com/economy/carin-oil-and-gas-to-invest-4-billion-over-a-period-of-3-4-years-ceo-prachur-sah/article37141356.ece

Are we all going for the Blonde or are are we all gonna get laid ?
https://youtu.be/2d_dtTZQyUM

There's aot going on mate ,!
Remember Eddie!
Depends on your timescale !
https://youtu.be/kJfT6mWgrWU

Ah the old Mike watts days !

https://youtu.be/dUI-iZnUOaA
Gla

Licencing out the tech or even becoming sub contractors for other companies in the region is where the huge monies are .
Anyway let's see if Roland can make the tech work .I'm in this for the next 3 years I've decided
Fingers crossed xx

TBH it doesn't really matter who the partner is .
Those X and Y zones (Eocene formation stretch all over the area.
If the can prove they can Frack the the Massive CB ONN 2000/1 field and a host of other would have to pay to access the technology .
It would be funny if GSPC had to pay to access the tech .
Here's a map of the area and the Eocene runs through them all to the north
https://www.researchgate.net/figure/Location-of-the-Cambay-basin-and-its-oil-and-gas-fields-after_fig1_262948544

Gordon
You been here a long time
Who are neighbour in this block next door ?
CB/OS 2 block in Cambay, Gujarat
You do rememeber why they was talk of takeover in the past as there geology the Eocence etc all cross the Cambay basin .

Jackpack
If the scenario was in play then I think it more likely to be the wolf that's been prowling for year .
They are our neighbour in Cambay so have same geology .
It would make more sense given that they are no longer restricted .

Gordon
Great song and it so strange to see Lennon having a cigarette with all the kids around him to today's eyes.

Anyway onwards and upwards
Gla

Guys I guess having been here a long time Gordon and I are always a bit more cautious .
There a reason for that we were fed huge amount of Bull**** about how C77 h was a technical achievement,High flow rates etc by Ron miller.
Any oilex Director will say know the code the governs Oz is stricter then aim .
So like the rest of the people on this board we wait for an RNS.
However some may be in the know as they work the field etc but they probably only have snippets of info.
The whole picture lies with a Director on the Bod .
Maybe I'm wrong as even though I've been here a long time I don't know any more then what's in a RNS or what snippets of info are out there .

This new guy at the ministry of oil and gas might reduce the cess of pre nelp fields so they equivelnet to OALP fields .
That would help and imagine a discussion has already been had given Cairns back in the game .
https://www.constructionworld.in/energy-infrastructure/oil-and-gas/cess-on-domestic-crude-likely-to-be-halved/25513
More sauce for the goose !

Still exciting though ,tinged with a hint of realisim.
Let see
Some old faces appearing I remember island girl years ago .
Anyway catch up soon

Yes and a million other things before everyone gets carried away but at some stage we will Frack,will it succeed ? thats all way been the billion dollar question I guess ?

Well if we are playing predicting the future which no one except for some nostrodamus has done here my 2 cents .
I suppose it's a bit like Tessla originally your buying the potential .
Min potentail if fracking works is 2p 93 bcf X Indian giv gas rate $3.2i
$297,600,000
Max potentail if contingent 2p 215Bcf X some sort of Market rate say $15
$3,268,000,000

Take your pick between crazy figures

Anyway it's all just a bit of fun to play fantasy !,don't take it to seriously

Yup sounds right Gordon
Might point I suppose is even though with dilution there is potentailly a higher SP of multiples over times if and I know it an old story,if Oilex can unlock Cambay .

Sort of similar Congwr but sold a fair bit on last run
Bought back in with profits but this has a long term feel to me now
There will be spikes of course but I remember waiting 2 years in 2016 I think for this to go from 2p to 12 p
Well C77 didn't pan out so thats why it stopped at 12p back then could have gone to 20p/30p if it worked and who knows after that ?
We will see , dilution has occurred but the potentail multiples of current SP hopefully still apply to showing that we can produce gas and successfully crack Cambay.

That would have been a 10 or 15 bagger so we can but hope .

Yes would have taken some balls to do that Gordon at the time ;)