Member Info for Cautious11

What they need to learn is transparency and not play bluff with shareholders, and no more sly Rns’s and then the loss of trust may return. Chairman was as bad as the Ceo

Lb28 the Rns in July told you there was a problem if read properly. Now a lot of us are in the red here but also a lot of us believe well 38 and forward drilling could well come good.
I feel you seemed stressed, why don’t you refrain from posting 50 times plus a day because your achieving nothing and were learning nothing, and take a chill pill

L28. PH did get a good placing away but what the company didn’t do was tell the market when and why they closed well 16 before the 11th July, now that was price sensitive and should have been in a Rns, so trust went there. Then the 27th July Rns stated bopb from testing which was from April which I kept stating and you would not accept it and said I didn’t know what I was talking about. From a company perspective they held the bad news back so they could incorporate it with the start of drilling 38 and the 3D seismic. The Rns from yesterday was at least honest and looking forward and could still come to fruition. Now for PH to get some credibility back he needs to do an interview and eat humble pie and be HONEST and not twist words
And also answer his bloody phone. Because if he wants to hide he might as well clear off and get a qualified CEO in,

What we didn’t get to know was when the well was shut down before reopening on the11th July and why it was shut down. And that was out of order from PH and the chairman.
Let’s hope for honesty moving forward. Humble pie and all that

Barnetpeter. Thankyou for your wisdom. I’ll take your greater knowledge onboard. Don’t know were would be without you. Were is it now, back down petticoat lane with a bottle of meths
Filtered

This is a fresh start and with gained knowledge, Not an Rns people wanted but some of us suspected there was a problem with 16 when they started coming out with averages.
38 is on its way and gas to play for. The presentation this morning is honest and informative and I think PH is better sticking to a script than over hyping. Hopeful going forward the board inc the chairman will be upfront and not try to pull the wool over our eyes. Once bitten twice shy
Yes derampers will have a field day like the blinkered rampers leading up to this
This to me is the low point and hopefully incorporating a gas contract will help for a steady rise over the next few months

Matd valued at 30 million with no oil or gas. Bloe 20 million with known oil and gas,
No brainer Mike,

Thankyou for that. I tried to work it out on Sunday but like you say not knowing all flow rates and when the well was shut in it’s hard to judge. Only thing we know was it initially had 13 days at say roughly 750bopd and then reduced to say 450bopd. I didn’t put my working outs on here because I thought I might be slated. But they were not great. Let’s hope eventually we get to 295bopd.
Even if we have to pays experts top dollar

Your a complete classic ramper. In your opinion there is nothing wrong with the company. Everything’s rosy. Lol. I have not ramped or deramped but stated the obvious, sorry it’s not part of your agenda. I hope to god it’s 295bopd from the 11th of July. But I’m not going to accept it is just to suit you. I take it the board of directors are competent business people and know exactly what their doing, so why put from testing if it’s a mistake. And if it is toooo ambiguous why don’t they correct it, Easily done, I’m sure they read these boards. Just put a correction out EASY

There you go again stating 295bopd. That’s an average and probably as dropped from a much higher level so don’t try pulling the wool over peoples eyes Please,

You read all these posts so you know which question and your answer was the one expected.
So Thankyou. So your no wiser than the next man, For your information I do ask and get the same response. Even on questions that I wouldn’t have thought needed to be in a Rns unless they are hiding something

Dmj1. I sent an email on Sunday asking when well 16 was shut in prior to the 11th July.
As yet no response

You keep forgetting re my question, with your positivity would you be good enough to contact the company and see what they meant re from date of testing. Because if it’s from 11th July Problem mainly solved Thankyou

The only issue is that the oil storage was organised before they reopened well 16. So at the time they were not sure what the oil flow would be

Good find though

Dmj1 I spoke to Justin at least a week ago and asked about the Q&A among other things and he said we can’t do that at the moment because we don’t know the answers ie he meant Bago gas, 16 flow rates etc etc. I said that’s not how understood it was supposed to be, I thought rightly or wrongly that it would explain for instance the difference bopd and bbl/d and information re drilling, gas pressures etc but it said he didn’t take it to be that, I said what he thinks it is will would appear in an Rns anyway

Ajw. We all know what the Rns states. That’s 5 months ago. What’s happening today. Let’s not mention Bago and gas!! I know your very positive on Bloe and that’s your prerogative, so on that basis why dont you try and get hold of bloe and ask what they meant by 295bopd average from testing. I think you have more chance than most punters with you being so consistently positive
I hope my theory is totally wrong

Dmj1 I hope your right but stating 295 bopd from testing probably isn’t a lie but a twist on words
I’m probably like a few on here. Deep under water and wanting this to come good,

Lb28 Like I said before your so naive. I hope to god it’s flowing at an average of 295 bopd from the 11th July but I wouldn’t state it definitely is because I don’t know. My concern is if it was why isn’t PH shouting it from the roof tops

Classic. My spellings out. Lol. Forget about hard truths of the company. Jog on