Member Info for Craig8

ConocoPhillips (NYSE: COP) today announced that Ryan Lance, chairman and CEO, will speak to investors and securities analysts at the Barclays CEO Energy-Power Conference in New York City on Wednesday, Sept. 3 at 9:05 a.m. EDT. There may be a hint tomorrow about the progress in Poland at the presentation, fingers crossed.

www.ngsfacts.org/index.php/download_file/view/320/2939/ Also well depth etc

Aug 15th 2014 Northland Capital Partners View on the City: Eland Oil & Gas, Hummingbird Resources and Sunrise Resources OIL & GAS: 3Legs Resources (LON:) ENCOURAGING SIGNS AS LUBLEWO LEP-1ST1H STARTS FLOWING The long term test has commenced for Lublewo LEP-1ST1H well, in the Western Baltic Basin concessions. This follows the successful 25-stage fracture stimulation of the Sasino shale horizon. Well clean up commenced on the 6th August and bottom-hole pressure gauges were set on the 12th August. The well continues to flow back fluids and hydrocarbons. As at the 14th August around 12% of frac fluid had been recovered and the well has continued to flow without nitrogen assistance. The test is intended to provide an assessment of the well's long term potential to flow gas and liquids and will provide important data on the reservoir properties of the Sasino Formation. No change to forecasts or rating. NORTHLAND UK VIEW: Whilst far from conclusive there are some encouraging noises in this announcement. The well, believed to be the largest horizontal test completed in Poland to date, is important not only to ConocoPhillips and 3Legs, as a vital indicator of the commercial potential of the basin, but to the Polish shale industry as a whole. The meticulous drilling and completion campaign has gone well and with hydrocarbons now flowing back without nitrogen assistance, the all-important flow rate over the next month or so will help determine the potential of the concession. A commercial flow rate could be anything above 1.5mmcfd given further optimisation work and learnings that can be expected to result from this well. We reiterate that this well result is subject to risk but that the company expects to arrive at its key decision point with strong cash balances, making it a uniquely low risk entry into a possibly game changing and late-stage opportunity. We maintain our BUY rating and 79p price target.

Nice piece. BTW still don't see my buy from 28/08/2014 8692 shares shouldn't be a reason to hold this back as only 2k worth

Taken a small holding here, early stages of clean up look promising