Member Info for cperkin

3 million barrels of oil (oip) @HH Equivalent to solo V 35 million barrels contingent 1C & 2C of oil equivalent @ Ruvuma willow, so maybe while a licence is outstanding but Ruvuma is at least 10 times bigger so far...

Well firstly I think a good dump everyday is a must, dont confuse reservoir's and compartments and I would rather be impressed than depressed.

France England final would be something, wouldn't it!

Like you I am not expecting an RNS tomorrow morning willow but I expect confirmation @ the AGM that they still plan to conclude the farmout early second half, have a remedial plan for KN-1 and still plan to spud -C-1 the back end of the year aroud the same date that NT-1 & 2 were spud.

Busy day tomorrow, regardless.

Bar an RNS on farmout & licence etc, which I don't expect tomorrow but would be rather chuffed if it came along of course!
The strongest statements they can make is that they still expect to meet the timelines on delivery of a Farmout early H2, make a statement regarding KN-1 remedial and of course the intention to still spud C-1 in the second half.

That will keep me interested.

Guess the average sustained Portland flow rate over the full test period, no justifications required and no judgements from others, a guess for fun no less!

shirleyfraser - 563 bopd
willowpillow - 489 bopd
steve58 - 450 bopd
reaction - 422 bopd
Deanosbooty -399 bopd
BD - 385 bopd
SKY-RIDER - 323 bopd
cperkin -323 bopd.
trrime - 300 bopd
Mr_Bezzer - 251 bopd
FROGLEGS - 224 bopd
4Rok - 175 bopd

It will be great to meet you again vike :)

Double bill for Big D and me tommorow, SOLO bod in the morning followed by Aminex AGM in the afternoon and then off home for the England game!

Only 20 to 30% vike, I think thats an understatement ;)

Sounding desperate Kejoglo, desperate to drive the price down and screw over shareholders as you told us was your plan only yesterday.

Believe nothing and do your own research. I quite agree.

(:-) +1 for Webmoor

Guess the average sustained Portland flow rate over the full test period, no justifications required and no judgements from others, a guess for fun no less!

shirleyfraser - 563 bopd
willowpillow - 489 bopd
steve58 - 450 bopd
reaction - 422 bopd
Deanosbooty -399 bopd
BD - 385 bopd
SKY-RIDER - 323 bopd
cperkin -323 bopd.
Mr_Bezzer - 251 bopd
4Rok - 175 bopd

Oh dear Kejoglo, seems you need to go and get your ramp radar fixed, it's a bit of fun to pass the time.

We know you want a lower price, you told us yesterday.

That is correct from the current well trrime. Don't forget though that they have planning permission to sink anther well/sidetrack (HH-2) should the first well prove to be commercial, so an increased or double flow rate is a distinct possibility by year end from the Portland only.

Morning Drewky. Till it flows I guess it can't be priced in?

@ 300 bopd it would produce an annual profit @ a low ball $55 per barrel of around $300,000 per year to solo (after costs) with an asset value assuming 50% recovery and profit of $30 per barrel = $45 Million profit over the life of the well.

Guess the average sustained Portland flow rate over the full test period, no justifications required and no judgements from others, a guess for fun no less!

steve58 - 450 bopd
reaction - 422 bopd
BD - 385 bopd
cperkin -323 bopd.

Good point steve :) but no justifications required and no judgements from others, a guess for fun no less!

Guess the average sustained Portland flow rate over the full test period.

steve58 - 450 bopd
cperkin - 323 bopd.

Maybe, maybe not.

I do know is that the SP is higher than when I first invested, the company has more cash, 11 times more contingent resources in Ruvuma, a development study and plan, a 25 year development licence application, another drill lined up with an additional oil target and what looks to be a Farmout.

Waited this long since NT-2 results in 2017, I think I can wait a little longer for the next leg up. Still give the BOD both barrels at the AGM of course and com's are still no where near good enough.

Good luck

Bored with the constant drivel. Guess the average sustained Portland flow rate over the full test period.

Here go's

cperkin - 323 bopd.

Thats not what happened, do you even know what was agreed? Do you know what has been submitted to the Board this time?

Nope just a judgement again it seems.

He already clearly stated his/her objective to get in at a lower price in the hope of a buyout.

Not at all. We are trying the same thing but in a more organised and impactful way. We have learnt from our experiance last time.
Meantime you do nothing and have done nothing so are not really in a position to judge.