Member Info for chrisev1

I’ve been trying to find out but without much success, how accurate are 3D seismic programs?

I love this market. We get a good RNS and price goes down. We get a great RNS and the price goes down.

I sold mine some time ago at 6p and still lost £20,000 which is a lot for me. This is so sad what the BOD have done to this company. They should be held accountable. It’s an utter disgrace. I would suggest it’s borders on corruption.

And I still can’t understand why down 6.9%. Doesn’t make sense to me.

I totally agree and that is why I think DW said this year is a transitional year. I just wish the SP was higher.

Is it normal for the trading halt to last for 2 days. To me that seems a bit long but I don’t know.

I found this article quite interesting:

https://m.uk.investing.com/news/stock-market-news/oil-search-woes-in-papua-new-guinea-throw-spotlight-on-alaska-1957995

I read it as Premier are spending up to $23 million for the drilling/testing.

It indeed been an interesting few days. Last week our batting was a disgrace but just a few days later we won. What a result.
Come on England.

Smokin88 - I see your point.

Smokin88

I understand what you say but Premier Oil is a completely different kettle of fish than RMP.

Smoking88

You make a good point. We now have shareholders from Premier looking at us and potentially investing in us as we now have more credibility. That can only be good for our share price.

Bombard. Thank you.

I’ve heard a lot about 3D seismic surveys and wasn’t sure exactly what it was. I found this on the internet about 3D seismic survey. Very interesting how it is being used in the gas and oil industry to give highly accurate mapping results:

https://m.youtube.com/watch?v=hxJa7EvYoFI

I don't know what was more disappointing, England's shambles or yesterday's share price.

I can see only one recovering - and it isn't the cricket!!

I agree with some of the posters. The selling price has only gone back to where it was yesterday. We have a FO partner . Whoever we had we would want the oil to flow, and that wasn’t going to be quick. I wonder if any tier 1 companies wanted in but they wanted too much. I’m just waiting for DW to give us more information on future plans.

Who bought 2 shares at 16:03:40.

Today is 8/8. Could this be the day. It's not been that good a day so far.

I hope there are no leaks - don't want to loose our 500,000 drilling costs.

Does anyone know if there is going to be another RNS detailing who the Farmee is and the details out the FO soon. I thought we was going to get these details in early August.