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"have every confidence that we will be able to flow this well" using a "VERY VERY LARGE COMPANY" very shortly. This is NOT a ramp. A ramp is using lies/false statements/rumours to get an sp to move up to sell into the subsequent rise. All the above is based on FACT, taken from the RNS,iii video and iii Q&A and i am not trying to get the sp up to sell. Its there for all to verify for yourself. If USOP, using this "VERY VERY LARGE COMPANY" clean out the blockage and "flow" the 150 feet+ of net pay, along with flow from the untested zones at 3,000-4,500 feet and some of the 26 "tight",possibly oil bearing zones, and combined with the incredibly low amount of shares in issue, maximum 5% Nevada royalties and "less than £3 uplift" (BM even said "cents" in one conversation) then USOP still has the potential to be one of the shares of the decade imho. Anyway, its time for bed. Looking forward to a pretty good few weeks ahead, especially after the "very very large" company is announced with the resumption of the work over programme and possible ADR listing. The excitement is going to build again, especially after BM making it public via that Q&A that "THEY HAVE LOTS OF OIL" ! Good luck all. 00 PS - Have summarised the key points of the RNS ,iii video interview and iii Q&A. ------------------------------------------------------------------------------------------------------------ USOP Q&A 16 NOV 12 http://www.iii.co.uk/articles/61003/vie ... il-and-gas "WE HAVE LOTS OF OIL"....."WE HAVE LOTS OF OIL"....."WE HAVE LOTS OF OIL" • From having "potential" oil bearing zones, we have proven productive zones, including a very large one. • We have every confidence that we will be able to flow this well • I won't predict a flow rate, but the signs are very good indeed. • We have a confirmed discovery, and it looks large • The potential of the productive zones is very large. • We know there is a water drive system here, and that was one of the important plus factors in this area. • Water is only a problem if there is no oil. We have lots of oil. • We have done remarkably well to confirm large oil-producing zones on our first drill. This is the first discovery in Nevada for decades. • We remain committed to drilling at least two wells and are still funded for those and the work-over programme. • Why did the company upload the US news video clip onto its website, despite knowing that the info was not accurate, as proven in Thursday's RNS that gives the timescales of the testing process? "The broadcast talks about possible large oil accumulations in Nevada. Our results are confirming that. So we don't see a problem there." • The priority at the time was to focus on drilling and tes

"Like Investor Prime, i am also now more confident than ever, far more. After that badly worded/misunderstood (understatement of the year!) RNS, the subsequent iii video interview & Q&A (MANY THANKS TO YOU III!), it is now 100% crustal clear,to me, that we DO have oil..."AND LOTS OF IT". Even in the RNS they made it clear that they DID confirm an oil DISCOVERY and now have a MINIMUM of 150 feet of Net Pay which was blocked and an "easy work around". They also pointed out that not only did they "not include potential zones from 3,000 to 4,500 feet" but that some of the 26 other zones were "tighht zones" meaning that they could still contain oil. They have now CONFIRMED an oil discovery containing a MINIMUM of 150 feet Net Pay...and "IT LOOKS LARGE". So "LARGE" they go on to emphasise this fact by adding "The potential of the productive zones is VERY LARGE" followed by the biggest hint of the lot "WE HAVE LOTS OF OIL". Even better is that they go on to say "We have every confidence that we will be able to flow this well" using a "very very large company" in Nov/early December. The fact they they also found alot of water is actually GOOD news in as much as they point out "We know there is a water drive system here, and that was one of the important plus factors in this area.". This means that it will be pretty cheap to extract with this water drive system already in place. Considering that USOP were £4-£5 (with only 41m shares in issue) on the HOPE of a discovery, there is now absolutely no reason whatsoever that USOP couldn't re-visit that sp range again during the work over programme as they have now CONFIRMED a MINIMUM Net Pay of 150 feet, still have zones from 3,000 to 4,500 feet untested and some of the other 26 "tight" zones that may well contain oil and add further to the flow rate. Add to this that they are about to get this "VERY LARGE"/"LOTS OF OIL" out of the ground, via an "EASY WORK AROUND" using a "VERY VERY LARGE COMPANY" by the end of Nov/early December and are also making an ADR listing in the USA a priority along with a new Forest Garb CPR, then £4-£5 is easily achievable again imho. Lets not forget the importance of STILL having only 41m shares in issue. This is an astonishing feat in itself. At £1 this is a ridiculously low £41m for a company that has just confirmed that they are about to get "VERY LARGE"/"LOTS OF OIL" out of the ground, via an "EASY WORK AROUND" using a "VERY VERY LARGE COMPANY" very shortly. Even at £2 the mkt cap will still be a paltry £82m. At £4 its still only a £164m mkt cap. It got there on "hope" only before, but now they HAVE 150 feet MINIMUM of Net Pay confirmed containing "lots of oil" in which they

We are now in very early Dec and I would expect that, if BM intends to resume the production test before Christmas then news of this should come within the next week or so and BEFORE the 11th December imho. Going over the news of the last few weeks we have the following: RNS on 15th Nov 2012 Extensive data acquisition and sampling has been carried out on Eblana 1, and the well has been temporarily suspended until advanced analysis of the results is complete. The Company intends to resume testing in November or early December 2012, subject to supplier contracts, and expects to engage a major contractor and flow specialists. Of the 11 pay zones identified during the Ebana 1 drill of May / June 2012, 30 zones were tested (approximate total 400 ft, with small perforated intervals each 6 to 20 ft thick). NB. THIS IS APPROX ONLY 36% of the 1,100 ft of POTENTIAL NET PAY THAT HAS BEEN TESTED. The testing programme did not include potential zones from 3,000 to 4,500 feet. Two zones with Gross Formation Thickness of 380 ft (min. 150 ft NPZ) with average effective porosity of 19% (total porosity of 22 - 24%) were confirmed as oil bearing zones, and an initial low flow rate through the tubing to the surface was achieved. NB. 400 ft tested, 380 ft of these provided a gross formation thickness and 150 ft of this formed a NET PAY ZONE ie. of the zones that were tested circa 40% of these formed the NET PAY ZONE. The Company believes that flow was impeded by a high paraffin wax content and kerogene in the formation. A range of stimulation techniques will be considered when the workover resumes. Further perforation of the producer zones will also be carried out. Another two potential zones at shallower depths (above 4,500 feet) also remain to be tested and may be included in the completion programme. Forest Garb & Associates have been asked to produce an updated CPR in the light of the large volume of data collected and will report a resource update when this evaluation is complete. Further analysis of the Eblana 1 data may result in the Company adjusting the drilling priority of Eblana 2 and Eblana 3. CEO Brian McDonnell said, “we are pleased to be able to say that we have nevertheless succeeded in confirming our discovery and collecting large amounts of immensely valuable data. We are confident that, with an updated reservoir model and deploying further techniques, we will succeed in flowing the primary zones we have identified.” http://www.usoil.us/?q=node/220 From the iii Q & A The fundamentals of this company are better than they have ever been. From having "potential" oil bearing zones, we have proven productive zones, including a very large one. We are in the middle of the work-over programme. We have every confidence that we will be able to flow this well. I won't predict a flow rate, but the signs are very good indeed. We have a confirmed discovery, and it looks large. We just want to get on w

Excellent post, Bampster, and the title couldn't be more fitting!

The good, the bad and the ugly. It's turning into a bit of a wasteland here. Looks like we'll have to let the flows do the talking! Bring it on.

I logged in to recommend your 14:56 post. Well said! Admin, please take note.

Don't blame you. The train will be leaving soooon.

Hi ljc. You invested here? BMRbaby :)

Stitch that trolls. Now, who's taking who to court? Mwuhaahaahaa!!

andrbea, you want to take a rest from posting, mate. ;)

Higgs, get more sleep! ;)

I'm sure there's manyof us on here that would like to hear your reason. You seem to be talking in riddles. All the best, mate. I'm off to the land of nod.

Care to share?

You've been saying on here since the RNS that something spooked you. This is a board for investors to help each other and share information. Care to tell us what has put you off?

Release the hounds!! Pull!!

Raphael, you state "It's a major" as if you know it's a fact. Can you elaborate?

and so's my wife!