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I`ll give you all a guestimate.all opinions welcome.the flows have dropped off at dino and t45 and that is why they went deeper at t39.they said that it was due to getting the job done more efficiently and had the time to drill further.my bet is that they had to do something different,my bet is that they haven`t released any figures because they don`t want to.zone 19 is now the be all and end all.his language and concentration tells you that is the case.ask youselves a couple of questions
1was the concentration on ud2 in the lead up to year end 2017? yes,that was the excitement.
"was the excitement about the drills about zones 14 and 15.yes,that was the excitement.

so where are we now.how much attention did zaza give to 9,14 and 15? literally ZERO.he`s not interested in ud2 or zones 9,14 and 15.now its all about 19.LOL

reminds me of a huge hit for paul hardcastle.NNNNNNiiiiTTTeeeen.

mole.FFS get a grip."So each of the wells needs to do average of 300bopd.".wow really.the guy just told you that he is "targeting" 1000 bopd for the end of year.that means he hopes to get to 1000bopd pre day.that in turn tells you that he is waiting on flows from niko 1.

gary.well economics $3.5 a barrel.jeez,i wish.don`t know where that figure came from but I do know that is impossible

fire.agree.the reality is that we still don`t have any concrete numbers and until we do it is hard to see some serious investers getting involved.having said that I have been thinking about what he said and have come to some conclusions based on the supposed intentions
the words he used were "targeting" 1000bopd by the end of the year.ie not right now.therefore we can assume that he is including niko1 in the target figure.therefore he is at the moment expecting an average of 250 bopd from each well.which is fine by me.however he did state that he expected future wells to be more productive,presumably because the figures from zone 19 at t39 are better than those from the eldari zone A.these figures would put us on a sure footing.
then you have to think about how we would get to 10000 bopd in 2 to 3 years.well,on current estimates we would need another 36 wells drilled over the next 3 years.even if you assume that we managed to double the bopd in future wells we would still need to drill 18 wells over the next 3 years.he stated that they were going to be announcing the plans for 2019 operations soon.this tells me that no matter what way I look at it there is going to need to be fundraising in the very near term.what form tthat will take is anybodys guess.if the well economics are very good then possibly ii`s will put up the money,but that in turn would mean we need to drill even more wells to get to the 10000 bopd because they would want their share of the oil.alternately of course we could see more dilution.the third possibility is a jv,but I don`t see that happening soon.

RR "When the money men come back from their holidays,
I see this moving rapidly upwards." OH MAN! now I`ve heard it all.what next? oh,i know wait until the us markets open.LOL

saxman.back from your ban? haha.stop telling people to go **** themselves.whilst you are at it stop posting sh*te.in fact stop posting all together.hmm.same thing I suppose.lol

lol.hope you are right 0.9 would be fine and dandy right now.heehee

bomber.how many times do you need to be told? STOP drimking with hottrader.it`s not good for the brain.lol

bedex.LOL I hadn`t seen that.just checked his/her posts.don`t do Spanish but I presume it means bring on death my friends.or something similar

arsenal.LOL just what this board needs right now is the word "death"

Spartacus.you only asked about YA and I responded to that.debt free soon? nope I`m afraid not.we have debts/notes due for payment in 2020 approx. $35 million in total.

hawk.morning mate.yes just a waiting game.no matter what some time over the next few weeks we should have a couple or sets of results.nothing to do but sit it out and hope the results are good.would be nice if we got some financial info at the same time.ie how much oil we have sold over the last three months or so.

heid.lol.no worries.been there seen it done it.have to say that your understanding is far superior to mine.hope you keep posting.just get the right well next time.LOL only kidding.nice to see someone actually post who knows a bit.

wow.that was not off the ball.it was off the wall.lol. osome serious stuff in there though.evidently knows a **** load more than I do.wonder if that post was related to ud2.if not it is weird

dirk.i don`t see it as their problem.you obviously don`t hsve a dictionary that translates Georgian/English tranparecy is spelled MUD in Georgia.lol

mole.fair points there don`t see why anii would commit to that investment without good reason.

RR "And, while I'm at it, why do many folks not tick the opinion box ?" to be honest I don`t like it when people post things like "sell,sell,sell. I also don`t like it when people post "no brainer,get in while you can" these posts are just people wanting others to adopt their position.sometimes this is done so the "supposed" believer can get out.much prefer to remain neutral.if I see good news I will call it us such,if bad I will call it as such.been invested many years in many shares and never once used the opinion box.

spart.£2.915m

have to say I am a little confused and a little pi**ed off.why are the rns`s so different? the initial plan was to drill all three wells.then produce from zones 9,14,15 together.
I do understand that things change as you get to the point of actually seeing the data.what I don`t understand is the differing rns`s.
well t45 and dino had a simple message of 270bopd and 315bopd.no mention of dirrerent choke sizes etc.what the hell is the difference with t39?

presumably that was your 8 million sell?