Member Info for Chesh

Sure, your a friend and fellow investor after all........! :()

https://polaris.brighterir.com/public/block_energy/news/rns/story/x2l32lr

Scroll down to "Gas development (Project III)"

All the best (ya welcome.........! :()

Good job the price of Crude is going up then Hepseal.........! eh :)

Pushing 74p now......! :()

All the best (triple digits next year probs.........! :()

......it would be great to see the Co. "recently upgraded A-80 service rig" in action.........!

if it's finished it's duties on Proj III.......! :)

"The work programme for Project III includes 3D seismic interpretation and correlation of seismic attribute lineations with legacy production test data. The Company has upgraded its service rig to support the advancement of Project III with low-cost drilling and workover activities. Project III workover and retest candidates are being selected. An update will follow when operations commence."

All the best (blue is good BTW........! :()

1) doesn't make sense........!

2) makes sense, but doesn't either.......! :)

Value creation, near term or forced.........! Gov level, II holders even large private investors.......!

Proj III CPR due (imminent) probs pre Q4 update...!

Proj I hasn't been forgetten, poss not top the priority list ATM, but sure is an income winner for the Co. (not the Gov.)

The other projects:-

II poss not a massive value creator like Proj I, but on the back shelf......?

IV is pretty much a money spinning freebie............!

All the best (dya not like the colour blue.......? :()

Gas, Gas......... more Gas.......

Watchin' US$ Crude carry on it's value increase an'all.......!

>$73 now.......! an on to triple digits IMO in a short space 'o time.......! :()

All the best (all ducks an' dat........! :()

The market mover is this trade, labled a sell......! :()

19-Dec-23 13:20:12 0.738 100,000 Sell* 0.70 0.80 738.00 O

MM moved @13:13 to mark this "Sell"........! lol

All the best (time stamps eh.....! :()

;)

If you have stop loss activated, probs best to de-activate em if you want to hold a paper loss through to testing next year.........! :)

All the best (IMO DYOR.........! :()

Now has 260k and 250k below 0.75p on the Ask.......!

try for more and you'll probs see a premium to the advertised Ask depending on ya broker/platform..........! :)

All the best (interest is brewin.........! :()

You don't need it TBF ROCKLAWN.......!

Just get a quotes for various amounts both ways and see the Bid/Ask rising........! ;()

You'll not see the amount on offer, but as one moves up the others tend to follow, unless there's competition for (or to sell) stock......!

Quote to buy 100k now, for instance, shows 500k @0.74p and 260k @0.75p........! :()

All the best (it'll move on half those Vol, I've noticed in the past.....! :()

Morning Peeps.......!

oversold.....yep

some buying todays and at a larger Vol than the £20-£30 buys from yesterdays.......! :()

The intra spread price has moved up on quotes both ways BTW........! :)

All the best (few more buys and tick up is the order of the day.......! :)

spud pre Xmas anyone.....?

Pressure on the price of Oil........?

"The Red Sea is one the world's most important routes for oil and fuel shipments."

https://www.bbc.co.uk/news/world-middle-east-67731853

"BP has halted all shipments of oil and gas through the Red Sea"

https://www.theguardian.com/business/2023/dec/18/bp-halts-oil-and-gas-shipments-red-sea-shipping

All the best (triple digit $ for Oil inbound......! :()

Has slipped since end of Sept high (90's) to the current low 70's......!

https://tradingeconomics.com/commodity/crude-oil

Back to a $100 in the new year........?

https://www.fxempire.com/forecasts/article/oil-prices-forecast-brent-wti-rise-on-geopolitical-tensions-feds-rate-hints-1396628

All the best (the above link is actually a short term cautious outlook......! :()

*"it went sub 30 last week"*

Morning Peeps........!

Thanks for link Piscator1, unfortunately the link reqs. you to log in, and although I've an old account there, my password is long forgotten......! :()

I see RSI a gnats over 30 on the daily, it went sub 30 week, which is an indication of being oversold.....!

All the best (if you could pop a pic up somehow of the Advfn chart....! :()

Hepseal..........!

don't tell me bud, tell the BB over 'n over again......!

10min or 30min arguement ........?

All the best (classic.......! :()

TBF TFH1, it ain't me makin any meal outta anything.......! :)

Hepseal's ya perp to the Proj I drill bud.....!

All the best (I'm kinda gettin ya stance mind.......! :()

If by "that" ya mean oil in storage TLH1.......!

"Oil in inventory net to the Company at the end of the period was 11.7 Mbbls." half year report end Sept......

"As of 30 September 2023, the Company had c. 17.34 Mbbls of oil in storage.". Q3 October.....

Hepseal calcs 25...........! :()

All the best (you say "reducing each quarter"......! :()

cos it's been sold.........?

Hepseal....!

would the income $ be instant or poss have a lag of say 30 days or so........?

There is no doubt Proj I is the current income, and is still in play.....

All the best (just more focus on Proj III IMO........! :()

"Post period, the Company completed the evaluation of bids for a Competent Persons Report on its Lower Eocene and Upper Cretaceous gas reservoirs (Project III) and has now awarded the contract to RISC Advisory. The CPR will be shared with potential Project III farm-in partners, in due course."

What's this mean..........?

"As of 30 September 2023, the Company had c. 17.34 Mbbls of oil in storage"........! :)

All the best (I just don't know........! :()