Member Info for crudehope

10: Shclumber scared off by seismic results & needed time to formalise their license agreement preparatory to selling out''!

11: A tribe of desert nomads claim to ownership of the land had to be settled out of court before the access road could be built! The 'High Atlas Hilbillies' are now 'larging' it in Ouijda & have taken every room in the Atlas Terminus Spa!

Crude

ajbjasus, yes I'm fine & dandy but very busy when it is not hot... when it is I slow right down & just pick up a good book!

GliUlivi...that's going back a few years when I was posting on ii! I don't post much these days but I do try & look in when I can & always enjoy the banter...some really good debate; informative links & of course the odd argument & O/T. Sometimes it is like a soap opera but I have to say I will miss it if & when we sell the Company! Have you heard from the legendary 'Entropic' of ii lately?

Cheers...Crude

Well, get you GliUlivi...I'm sure today's contributors would wish they hadn't wasted your time with their "pearls of wisdom"...maybe you have some of your own rather than 'Acid Drops' the late great Kenneth Williams might have included in his books of the same name! Go ahead & start a thread...

Just reading the Sunday paper financials I note RRL was one of the biggest fallers on AIM last week with a 34% drop...bringing their market cap down to a paltry £8 million. All this from a company which was spawned on the ASX in January 1985 and originally listed on AIM in October 2007...but investor returns since those heady YUPPIE Filofax days of the 80s have turned meagre...indeed if truth were known many current investors are probably drowning...or maybe dying the death of a 'thousand cuts'...not one piece of bad information is likely to bleed punters to death but many sap the funds from their seemingly unwitting chancers. By comparison, another company who incorporated on the AIM in 2007 was Sound Oil (Energy)...how lucky are we that our company progressed as it did & made the right choices that have given investors a real shot at the big time...

Crude

'Thought for the day'...I've been an investor for around 8 years & last year I changed my number plates to SOU P90 (Sound stock market ticker plus industry standard classification). I have been very pro-active in my time here & made a point of getting to know/keeping in touch with the Company & reporting my thoughts with posts over the years! Although I don't post much now I am still very much an active shareholder & still very much in touch!
I am only stating this in the light of the recent Moroccoknows' posts when he assumed my relative recent silence - in his mind - added up to me having sold up some time ago...so far off the mark it hardly deserved the time spent refuting it! I'm here for better or worse...Christs sake I'm married to this stock!

Crude

MCRonin, I'm sure you would garner a much greater response in a different climate...I'm currently cooling off under my pergola & quite frankly have very little inclination to post, let alone trawl through historic data to validate a possition. I am reading 'The Big Rich' (The Rise and Fall of the Greatest Texas Oil Fortunes) & am utterly absorbed! The closer we get to drilling the more I am reading about the greatest 'Wildcatters'! If we pull this three well campaign off our name/s will be written in the annals of oil/gas exploration...I want to be included in some way in that pantheon of investor/gamblers who made it rich because they had utter faith in what they were investing in...plus that gamblers instinct that served Harlesdon Laffette Hunt so well...

Crude

I've not been keeping up with the board recently but just tuning in I see Rampus is being somewhat vilified for some reason! I've met Carl & know people who are friends of his. To my knowledge he is a man of great integrity & I have had ocassion to accept his help in a time of need - he was a rock of support & I count him as a real friend! If ever I was in trouble I would want him & Darren (Johnnywaz) in my corner...I know they would have my back in any situation! A truly genuine stand up guy!

Tincan, been there, done that...thank you...although a nice little holiday in the Bahamas would be agreeable!

Just completed my registration for the Tendrara trip: Morocco here I come! I enjoyed the TE7 trip so much I jumped at the chance to go back! It is a longer trip this time so wonder if they might drive us down to Anoul as well as north of TE5! Maybe heli trips for those with cash to burn.. although maybe not! It will be interesting to note all the sandstone outcrops as we drive on to location. they are usually a good indicator of hydrocarbons and last time I was there I counted loads of them!

Mac, I think they have been as clear as they can be with their intention to drill three more wells: we know the location of the first two & the third is going to be down in Anoul targetting oil. They have just raised more contingency cash so short of spelling it out in blood I don't know what more they can do to convince us they have serious drilling intent! Strap yourself in & prepare for the 'Nantucket Sleighride' of your life...........

Cheers...Crude

PNE, we clearly have the potential. For some TE9 could literally be a million pound well - or more! Given success on the two subsequent wells, even the sky is not the limit! But is the TAGI fully charged over our huge license area - or has the gas escaped? That was the only thing that Brian mentioned by way of caveat emptor...but aside from that he was quietly optimistic whilst explaining the virtues of our humongous thick, 1 km salt cap seal!

If you & I had been savvy Canadian investors who took a punt on junior Uranium miners Laramide Resourses (Toronto:LAM) in 2002 for 1 cent a share, 5 years later,at the height of the Uranium boom, those shares were $16.70 & a thousand pound punt would have returned £1.67 million! Who knows if the Uranium bubble of the early 'naughties' will ever make a return. Meanwhile oil prices remain fairly high, with gas prices equally robust (excepting maybe stateside) so an early investment in Sound Energy could pay very handsomely- but even at recent prices up to even £1 could still make a cracking profit! Who knows but there are plenty of examples of the energy sector making huge gains when conditions are favourable. Conditions for us at Sound Energy are extremely favourable!

Hey Frank, yes I'm good mate. Like you, I really enjoyed that Malcy/Brian interview. Such potential but beautifully understated by our chief exploration Geologist...
even he cannot completely contain the excitement of our licenses...& what they may contain!

'Chemical changes in the soil through gas seepage' can be observed..........just like oil shows it is another clue to hydrocarbon heaven!

I love it when Brian states that 21TCF unrisked in the TAGI is only a quarter of the potential in comparison with neighbouring Algeria...& that palaeozoic horizon! Brian is, of course, being his usual conservative self!!

Thanks, Oilgasjock...watching it right now!

Thanks to all those who were able to send in questions. Special thanks from me go to Soundingoff for some very pertinent observations, questions & answers. I can't make these events any more but impending (early) retirement should hopefully solve that problem. Thanks also to Moroccoknows for his sterling work...reminds me of me a few years ago here!

There are 'daily commuters' of course...day traders...but who cares about them? Some sage once said 'an investment is a trade gone wrong'...yet another closer to home Sound Evangelist once said "it isn't dilution if it adds value"...to quote former CEO Gerry Orbell...known to his diminished fan base as 'Merry Ordeal'! is there any truth in those statements....I suspect there is"!!

On the other hand...it could just be to assuage investor concerns re the placement...but with only very minimal dilution why bother? Do we want our hands held? Unfortunately, due to the presence of such luminaries as 'Fatty'...maybe it was felt necessary!