Member Info for cannae216

ajbjasus

This extract from the teaser Scotforth posted on the web some months ago doesn't show the TE9 location. I was sufficiently impressed by it though to contact Sound by email to ask if we had sight of the Scotforth analysis. No was the answer. But with GRH as a Sound shareholder I am encouraged.

There were some interesting discussions on this board yesterday between GHR and other posters. GHR is involved with Scotforth, who have insight into where hydrocarbons are likely to be located in Tendrara, GHR said that their analysis has an 85% success rate in identifying whether a drill is likely to be commercial or not. In an earlier post in reply to one of mine GHR said he was posting on this site as a shareholder in SOU. So, unless GHR is not the kind of rational person I take him to be, I think the data Scotforth hold on the TE9 location must be promising.

Thanks GRH. I don't read all the posts on this BB so I missed your earlier one. I found the little taster posted on the web by Scortforth sufficiently intriguing to ask the Sound BOD whether they were using this information. I still think its an impressive approach, despite Sound not going forward with it.

So are you part of the Sound team or the Scotforth team?

GRH

I emailed Sound some months ago about Scortforth and they eventually replied to say they had met the Scotforth team but the they would not explain how they came to their conclusions (this from memory, not verbatim) and so Sound did not use their approach. However, we do use satellite data, which is the input into Scotforth

Many thanks for the notes Fellrunner75. Like you, this is my last AIM investment. If it comes off I won't need another and if it doesn't it's back to work and/or equity-release mortgage for me.

Thanks ddboy and Appiamma. Good to hear from people in the industry about this.

The well design for TE9 is on slide 6 of the latest presentations on the Sound Energy website. I guess I am remembering a previous diagram for TE7 (I hope correctly!). But since TE7 was designed to be a producer in the TAGI and TE9 is to test both the TAGI and Paleo and is not a horizontal well it seems logical they will have substantially different designs. Also we learnt from TE8 that the bore hole neds to be well supported and I guess this has been factored into the design of TE9

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I don't recall exactly where I saw these but I suspect it was in the various presentations the BOD have made. I will see if I can find them

All of you looking to read something into how long its taking to get the TE9 rig up compared with TE7 should look at the diagrams of the rigs. TE9 looks colossal to me compared with TE7

Thanks Billfish. Very interesting reading, and, for me, reassuring too. Good to see proper research with useful references rather than unsubstantiated opinion

Could also be a scheme to get sp up so that a deal for assets near Sidi can be paid for with shares.

Is the delay with announcing a Sidi deal connected with the low sp? We have heard many times of the possibility of a deal at Sidi and JJ has mentioned the possibility of combing our Sidi assets with the nearby producing Meskala field. I believe this is mainly an ONHYM project and if Sound were to acquire it presumably ONHYM would want shares and not a slice of 0ur 75% of Sidi. So -perhaps the deal awaits a decent sp so as to minimise dilution, and if it recovers as TE9 excitement builds then we get the Sidi deal.

Many thanks Lewis. Some new points as far as I am concerned, all positive