Member Info for Cebo-456

The flow rate is pretty standard for WoS, in fact most of the wells on Quad 204 do not flow at all naturally and need gas or water injection. Once cleaned up and ESP used, this will be another producer for the GWA FFD, along with LC and no doubt another 3 drills from Feb next year.

Itsal , limiting the spread on the Finish market to 4% will obviously increase liquidity - also read the 4000€ as MS not minimum cost of a trade that someone can buy and sell.

Commercial flow rates (anything above 4k per day on ESPs ) and a decent grade/type of oil in the RNS will do me just fine - anything extra or above will be a Brucey Bonus IMO.

FL,
Both the old lady and the Lab are required to wear blindfolds on the beach whilst walking. - this is to stop them reporting on the flare and ship movements - perhaps the blindfold slipped and that why we have allegedly got a "leaky ship", causing the SP is tick up a little. ----- Or perhaps more realistically it's because investors are starting to believe that maybe, just maybe the drill went extremely well, and maybe, just maybe, Lancaster has actually been producing oil and selling it to BP by the tanker every few weeks, maybe even producing above guidance for the past 6 months. Maybe :-)

What a load of scare mongering about the weather WoS.
- 18kts or 30knts is nothing out there and will not make a ounce of difference to those vessels that work WoS.
FFS , even the Choppers will fly on and off with winds up to 60knots and Waves up to 6m Sig Wave Height.
The standby boats will only be sent in to shelter if the expected max wave height is 15m plus.
And Mrs Mcloud will walk her labrador along the beach, whilst Flare spotting, in anything up to 90 mile per hour winds and 20m waves.

And they will continue to produce through all weather WoS -as the plant is most stable when in production.

Big test, my @rse. 7m Sig wave height, 12m max wave height- walk in the park for the FPSOs WoS, and drillers for that matter. It could and will be double that and still absolutely nothing to worry about.

Pretty sure the flare was spotted by a little old lady walking her labrador on the Shetland Islands. She could actually feel the heat that it was emitting.
Apparently over 65% of dogs are Labs, and 65% of Labs are Scottish.
:-)

Weather fine till late Tuesday next week.

Gents, please be nice to Tindrum, he is probably a bit sore after getting sucked into I3e and Tullow so has every right to be ultra cautious here. Plus I suspect that if his IQ was even just a little lower, he would probably need watering instead of feeding.
Tindrum, you really are special, please ignore those nasty people because they just want to be special like you.

Ps - only joking mate, we all get it wrong in the market every now and again.

Bloo, I suspect that most rigs have a better wifi signal than most of us have at home.

Gill would have known pretty soon after both drill results that the oil was heavy with very high sulphur content. I think that is a sticking point with a lot of PI's.
I posted a while back, before the drop, that everything GH said in interviews had to be taken with a huge pinch of salt. His price of oil in the ground was hugely exaggerated, if he said the drill would spud or results would be a certain date - you could guarantee that it would take a lot longer. He promised an upgraded CPR a while back, this has now slipped to maybe the end of January. He said that the new drill targets would be announced by the end the year Nd they would be drilling early next year - this also slipped again to maybe announcing a drill programme by the end of Jan 2020. Let's see if his predictions on some movement on the Namibia licences by year end are also wishful thinking.
I do think that Gill is a decent bloke, I dont think he intentionally miss leads investors but I would much rather have a CEO the under-promises and over delivers than vice - versa.

Looks like a few have already arrived here.

The only thing that anyone can predict with any certainty is that as soon as the RNS hits, we will welcome a buss load of fully greased up "LTH's" who we seamlessly slither on to this board to advise us uneducated and unreasearched poor souls that the SP is going to double or half. - those creatures are easily recognised by their posting history, their lack of company or operational knowledge and their spelling and grammar that makes even myself look educated.
We may also have the honour of welcoming EV back, possibly under another name, fresh from making his fortune on I3e -
Should be an exciting couple of days now, I may just not log on and ignore the noise, but that would be no fun.
GLA - have good weekend x

Ghengis, Hurricane are calling the shots, they are the operator and although they will no doubt be communicating with the clever chaps at Spirit Energy, Spirit Energy will not be dictating to Hurricane how what where or when on this drill.

IMO

0701hrs - Tomorrow Morning for me please. :-)))))))))

:-)

All pretty standard stuff here. The NOMAD would advise the Company to put out the said RNS to ensure they were fully compliant and clarify the standing with the banks. The part that says that no sale or value can be guaranteed is also standard stuff for any potential sale, JV or T/O RNS.
I added a few to my rather modest holding here this afternoon although I missed getting in sub 3p.
Of course this is still high risk , but also high reward if the company pull it off. - still worth a small punt IMO.

EV, congratulations on buying back in yesterday and backdating your buy to before last weeks rise - I never knew that was actually possible so learning every day.

Good luck with I3E this week, never fancied them myself but stranger things have happened - let us know how they (I3e) perform.

Good luck :-)

Well that's incorrect for a start Kerogen are not allowed to sell stock, (because, having a seat on the board, the have inside info) Hur would have to release the results for this well and have a clear-the-decks RNS before Kerogen can sell. Doubt CA are sellers, but that's just my opinion.