Member Info for Cautious11

I wish you was right, believe me but Norio may not be performing. 16 we don’t know and the gas who knows. Schlumberger haven’t produced there gas results yet either

Bigboffer do you actually read what you write. You have no more idea than the next man. Yes we could get a good Rns or we could get a bad one. Simples

Agree let’s get our house in order not smoke and mirrors. Let’s face it if we had a crystal ball we all would have sold at 16-17p and made a few quid and maybe bought back in, and those saying their in it long term is because more than likely they are trapped. One glimmer of light somebody took over 1000000 of shares at price of 8.28 at 16.15pm. Hopefully someone more in the know
GLA

Terrier. Over 10000 posts and most of them probably spiel. Take your rose tinted glasses off and be realistic. You’ve know more idea than the next man. Go on add to you 10000 posts

I can’t believe what I’m reading. PH said they had hit the well of the century and beyond, Got corporate investors involved on the back of it, and yes they can make mistakes. Gas being sorted and tested in April, plus Norio. On his band wagon promoting the company heavily,
Then comes out a disappointing Rns saying due to shut in etc the bopd is not a present as good as expected. Fine. That’s oil and gas. But the lack of clarity since the last Rns is if being kind, bloody poor. Keep making up all your excuses , like it takes 6 weeks to clean up a well, does it!
You all know deep down we are being treated like mushrooms. Good or Bad news we should be kept informed, what about the gas. He had got a better price. Had he or more delaying tactics
And yes I hold tooo many of these at a higher price, like a lot of us, hoping things turn around. But this could go both ways.

Agree with some of your points. Spoke on the phone to Justin a couple of weeks ago and got the same thing. What else can he say that isn’t price sensitive, but they can also hide behind that
What’s stopping PH giving regular up dates on well 16 , surely if they have managed for instance 350 bopd why not say and and comment still hoping to improve. And the gas is a joke. April 17th Rns. Gas is being tested by Bago. What the hell. That’s 3.1/2 months ago. Buy a bloody canary
He needs a rocket up his backside.

Parkez what I’m struggling with even if AJW cancelled his account how did his posts get deleted because I have looked on this web site and cannnot see how that happens

Thankyou Parkez. At last. My sinister mind is concerned that he has disappeared and sold up. I agree one of the most informed posters on here. With knowledge of bloe more than just from Rns

Just explain to me how his name AJamesW.2nd which he was using instead of AJamesW while on holiday for some reason has now disappeared along with his posts. AJamesW was used up-to the 23rd July until he went away. I agree. He was informative.
Try a holiday yourself if your getting confused

A lot of us on here want this to come good
Lack of news naturally cause the mind to wonder
Corporate companies have got there investments wrong before
Hopefully acquisitions in the future
Not sure of the profit at the moment, Norio not really producing and unsure what’s happening at well 16
Spudding 38 may not be a good idea at present until the gas offtake has been sorted. 60 days max flaring and then shutting the well may cause the same issues as 16. So this needs sorting first
Gas offtake deal on the 17th April Rns Bago were sampling the gas and hopefully contract signed shortly.!!
3D siesmic will hopefully give encouragement, I might be wrong so apologies but I thought it was 40sq km.
hopefully a good Rns will answer some of these questions

Do your homework rather than slate. . AJamesw2nd had 15 posts on this board upto thurs. I screen shot some, they have now disappeared along with his name. Your obviously not good with facts.

BEWARE HE HAS DONE A RUNNER

AJamesW or AJames.2nd has done a runner. BEWARE

Only because you have been spewing your garbage on advfn.
I have a lot invested in here, and your ramping doesn’t help, it just shows how little you know. Hopefully school again soon

If you could be good enough to answer my previous question when you see it
Also re Schlumberger, I thought they had already test drilled on there site but I’m not aware of any results, is this correct. Thankyou

Simon T it does seem a complicated issue. I think with modern technology they were hoping these historical problems can be overcome

Norio. Sorry for being a stickler on this but on 15oct rns they were hoping to have all 8 wells workovers complete by Q1 2019. On the 14th jan 19 they had recovered 45 barrels at Norio 44 in a 5hr period. Helped by the new micro drilling tool. It was then put to pump. 39 was also being put to pump. 15 bopd expected. On the 7th March 19 Stated Norio 40 and 27 combined were producing 60bopd inc Satskhenisi. So were has the drop down to 26 bopd come from and is the micro drilling tool actually making much difference. Thankyou

Why are they only producing 26 barrels of oil at Norio at present. They were aiming for 250 by End of H1. They had 60bopd in March. They don’t need the rigs there after the wells are producing! And no problem there with gas flaring so why the reduction. Could you please enlighten me
Thankyou

Ajamesw. The rigs don’t need to be at Norio once the wells are producing or is that incorrect
Thankyou

AjamesW Thankyou for your reply. I’m a little confused re Norio. There has not been any mention of gas at these drills that I can see and I can’t see anywhere were it’s mentioned that the rigs were taken off site for awhile, also no mention of them going to 16a unless I’m mistaken so we’re do you get this information from because I can still only go on what I see in the rns which is 25 fold of oil production by Q1 19.