Member Info for crudehope

Joe, one day (soon) I hope to make your acquaintance.You always seemed like a decent fellow and of course...you are a fellow Sussexman!

Pontcanna, you've been invested longer than I have...if you can remember pre-2010 tell me about it: my Sound Oil/Energy history could do with updating...fill in the gaps when I washt here....

Shaun, for reference, Appiamma is a well respected long term Sound Energy investor and subsequently a very good friend of mine. Apart from the prospect of making money investing in Sound Energy, I have met some really decent folk...he is one................

Apps, Fellrunner didn't have the milk - or the cajones to attend the Balls Brothers Event. And even if he did, he didn't make himself known! I've no problem with investor anninimoty but if you are a big critic you should have the balls to stand up in front of the Executive and hold them to account...face-to-face! If I was Ponkey I would consign him to room 101...but since I am not I will continue to read his posts, right up until the imminent LE. If he has the slabs to turn up I will greet him in my usual polite fashion...but who will be the smuggest? Is that even a word. So to summarise...be critical by all means...try at least to back it up with basic research and if you can...attend meetings or AGMs/email questions and post answers...be an 'active' investor...don't be an armchair asshole!

Cransley, that's what James said last night. But maybe that is an irrelevance now...good to know though.

Shed, also that we don't currently have an EIA Certificate for TE11...but in the scheme of things that could be irrelevant. If they had serious intent to drill 11 they would surely have applied for EIA & it would be a seamless transition from 9 to 10...but they didn't!

Jordan, I cringe every time you post so honours even!

Tapper, I think we all hope there is enough gas for the domestic market as well as European export...to Spain. After all, the the pipeline consortium are Spanish and so the natural assumption would be to follow that through. But who knows, maybe the Moroccans will want to actually own their own own natural bounty.

Billfish, I started that conversation in the Q&A with a question on how we value the prospect inventory, especially since we now know they wont drill a TE10 appraisal well. You can watch the forthcoming film that Saleem once again kindly took the effort to film.

Yesterday was such a blast! Pity my dear friend Ponkey couldn't make it but plenty of LTH were in attendance & I really enjoyed catching up and meeting them. The booze was flowing and the camaraderie was set to max! I was standing right behind Saleem's camera so I hope my 'noises off' do not distract and am really looking forward to watching the film.

I would like to thank all who posted...especially soundingoff, for enlightening us & reminding me of what really matters..the content of what was said - I was too busy shaking hands and hugging people to retain all that was said. But I concur with folks who are saying they picked up the vibe that TE11 might not be drilled...in any case JP said it wasnt included in an EIA and that alone could take two months! The core tubing will be on site and testing commences next week at three 12 metre intervals. We made such a fuss about the 'big guns' but James stated they were the same as we used at TE6! I found his comment that "smaller gas discoveries around TE5 could be very economic"...but it is not as though we are going to drill them. I look forward to the announcement of those further 6 drillable prospects in the next couple of weeks...pools of 500BCF to 1TCF of gas.

Many thanks to the NHS Surgeon who bought me drinks in the Pub afterwards...I really enjoyed your company...being a fellow NHS worker. Also great to catch up with Mebo...ws didn't have long enough. Also really good to make the acquaintance of Morrocoknows...despite his badgering of the executive in the Q&A he is very bullish. It's good that the hard questions are asked by people like Moroccoknows...BTW, you should post again...we might need are feet grounding! Anyway, I am going to have one final top up and hope for the best...but I am really confident they can flow this well and if they do it's off to market...but don't expect Schlumberger to be the buyer...I asked James and he said he never really thought of them as natural buyers....so my thinking is Repsol or Shell. Repsol is surely the natural home of East Moroccan gas that will probably be exported to Spain........

I must say it was such a pleasure to meet some real friends;familiar faces & new acquaintances. I have to say I could not have enjoyed the event more. Without getting bogged down in detail at this moment , my take is so possitive. IMO, we are sitting on a large discovery at TE10 & a company sale is imminent. TE11...maybe, maybe not! It seems like we are in the end game and all assembled were lapping it up! Well not quite all...Morocoknows was very vocal and it was a real pleasure to chat with him and get his perspective. He asked some very pertinent questions that kept the 'Executive' on their toes!

What a great gathering of the 'Faithfull'....I loved it!.

Adj, is there a Wetherspoons in Mayfair? Anyway, I wont be there,!

Joe - Jordan (funny enough that reminds me of a Leeds UTD player of old) isn't worth getting worked up about. I used to think he reserved his ire exclusively for me...bu he/she is seeemingly rude and obnoxious without cause or reason! Just ignore him/her...your point of view is valued much more highly than some angry, indiiscriminately rude person such as Jordan!

Ponks, I thought you were addicted to old re-runs of the bill!

Smallsmile, totally agree. JP is here to maximise shareholder value - that's his mission! Besides that he has always stated he is here until the end - end of story!

Now now you two, there is enough stress around with 'WREXIT'...vote for a deal you have had no time to digest with the possibility it turns sour later...or vote it down and risk a General Election or even a second referendum...Hobson's choice or what!

Don't forget that we were told "most of the value uplift will come from the siesmic"...so we don't necessarily need more wells than the current program allows for to obtain a £2/3/4 share price. If they can prove the concept of the basin model and that it can be flowed and horizontally drilled (already proved) then we may still get a good sale price. We are told there has been plenty of interest to bid it up...just hope it doesn't take as long as Cove - 8 months!

Ponks, that's normally good advise but my wife screwed me down on the price. I had to haggle and price was the compromise - she wanted 20p!!

Top up. I have an LO for a further 30,000 shares...but only if the buy price drops to 23.20 today or tomorrow. Then absolutely no more...I am on the train & shutting the door just waiting for the Conductor to blow his whistle for the final journey...choo choo!

Billfish, some excellent posting and definitely food for thought - if not ammunition for the event...but I won't be bringing any rotten tomatoes to throw!