Member Info for dai2belts

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PANR, Bopd seemed low on KUP, SFS, & BFF but...

Thu, 24th Mar 2022 07:00, Update Theta West BFF
"high quality, light 35.5-38.5 degree API gravity oil at rates that averaged over 57 barrels of oil per day

" likely exceeds, its predrill resource estimates of 1.2 billion barrels of oil (recoverable)....

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So good chances of 88e, finishing this drill with SMD, BFF, and SFS all recommended for flow testing next season.
Two companies, flowing oil belonging to the same formations, could be some legislation suggesting production sharing..

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PANR, drilled Talitha back in 2021, tested the following season 2022..
T
hey flowed oil on all targets, KUP, BFF, SFS, but on SMD had a blockage, so suspended testing..

Hickory is a duplicate.........different location but all the same formations..
https://cdn.nextinvestors.com/images/2_jzAUNrg.width-800.png

BFF formation, PANR flowed twice, Talitha, and Theta West......

Alkaid 2, also to appraise the SMD, but looks like it never happened..
The results of logging while drilling demonstrates the clear potential for a material upgrade of both the current Alkaid and SMD resources....
SMD Net 272 ft oil bearing reservoir

Might not be able to post soon, getting Error messages...

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dud was our execution..especially mine..

He1, BB had a negative impact on the raise, all shouting it out, keeping the price from rising before..did'nt do He1 much good....
88e, BB, plenty countering the suggestion of a raise and up went the price ?
0.7p from 0.5p, 40% more than we paid..

held, instead of selling at 0.8, pulled in by the Multi-bagger, suggested through the BB

topped up 0.7p for the multi-bagger, peak was'nt much more than 13% above that...

Tro, said dont read the BB or you will never sell.........

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Is that an Aprils fools to buy Air lines stocks...............

QFI, should ave sold em all, looks to be heading back to a low..
Might be able to buy back cheaper,...

The only thing I dont see being delayed is a fund raise...
Not sure what influenced the last rise..
But next news could be Morocco trials or confirmation of ship being prep for trials(dry dock)

TM1, MBL are they still there ?

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55 bucks, 10% inflation lol

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88e, interesting your under the impression its a dud, ..
Last update included two LWD indications that were not part of the Merlin-2 update..

far from done, they have this discovery to sell or put into production ;)
There is the recent unitisation which gives 88E tenure through to 2028...

But since your out there is a possible bounce if a dusters,

And the last two years there has been a mid year bounce, not looked into yet..
This year a mid year rise is a possibility as they come back with the details of hickory and the plan to flow test, or at least speculation of..

TM1
I dont seen any evidence of MBL's loan facility being dropped as suggested on the BB, that being the case more dump and pumps...
+40% gain from the recent low

A well is to be Cased and Suspended, => finished for re-entry, in this case, at least flow testing
And a well is to be Plugged and abandoned . => no further work planned for that well.

We only know what they tell us...

"Given the results" in the primary SMD targets, ............the decision has been made to TD after drilling through the secondary SFS and BFF reservoir targets .........

Needs some luck too

third time lucky, 3rd well in that acreage,

Drilled 6 wells so far, so lucky no7
https://www.reverbnation.com/artist/video/12727813

Best of luck....

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@KevR, I am preparing to be chewed up, after this lesson, I will be an old dog with new tricks, ;)

When you look back at He1, they raised £5m at the IPO, and touted a 3 well program, now they have £10m its just enough for 1 well,....
Ian was CEO before IPO, years of experience, and so the rest of the team.. Questionable ?
But now they are listed, they can probably spend a decade exploring Rukwa, Eyasi, and Balangida, 3 years each...
First drill in Eyasi, maybe 2025..???

I suppose AIM provides a replenishable supply of individual investors to take money from, well more than they make..

@Tro, they part blamed the price drop on the fact the US said it would not being(something like that) replenishing the reserves as normal, so that was a big reduction in demand, along with china, and .......

Shows the change to the previous year..so positive is an increase..
https://www.eia.gov/outlooks/steo/report/global_oil.php

https://www.eia.gov/outlooks/steo/report/global_oil.php

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mentioning paired trades, He1 had 4 large ones yesterday, all at the lowest prices, all looked to be cancelled, either yesterday or today ??
Posted them on He1 BB....

What a game this is, can't even trust myself ;)

its a spoofing time.....

Interesting , these lowest priced large trades of the day look to be cancelled, obviously I cant be sure as everything is left to interpretation...

30-Mar-23 12:03:04 6.33 95,000 Sell* 6.30 6.60 6,014 O
30-Mar-23 12:02:52 6.30 95,000 Sell* 6.30 6.60 5,985 O

30-Mar-23 12:03:04 6.33 -95,000 Unknown* 6.30 6.50 -6,014 O
30-Mar-23 12:02:52 6.30 -95,000 Unknown* 6.30 6.50 -5,985

=================================================================
30-Mar-23 11:11:25 6.35 360,000 Sell* 6.30 6.60 22.86k O
30-Mar-23 11:10:39 6.30 360,000 Sell* 6.30 6.60 22.68k

reprinted today 31st
30-Mar-23 11:11:25 6.35 360,000 Unknown* 6.30 6.60 22.86k O
30-Mar-23 11:11:25 6.35 -360,000 Unknown* 6.30 6.60 -22.86k O
30-Mar-23 11:10:40 6.30 360,000 Unknown* 6.30 6.60 22.68k O
30-Mar-23 11:10:39 6.30 -360,000 Unknown* 6.30 6.60 -22.68k

@Tro, will have to read that with a beer, only the other day the US were not going replenish reserves, and China demand slowing....along with the bank issues

EOG seems to have a low near a penny and high 1.35ish this year

https://invst.ly/-om1n

What does your experience tell about price manipulation..
that scary £80k trade printed 3x, 2nd days entries suggest either amended or likely cancelled(spoofing)
then NT most of this afternoon with a tight spread
also today what looks to be the other 1/2 of a paired sell printed out of hours, along with a large sell accounting for almost 15% of the days trades on the bell. 1/3 of sells...

Never watched a share so closely,

Just hope Mondays RNS confirms the claims of the last two targets having flowed oil...
Well No 7, can't be another duster now KevR has jumped ship, lol

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TM1, nice rise last two days, Especially today, MBL will have done well being issued shares 0.816540p..
they also get warrants amount to 30% of each tranche to keep for the future..

+40% from low..
https://invst.ly/-olmr

So thats the first tranche(2x £500k CLN) almost converted, possibly another £3m remaining as originally part of a £4m facility.. Is it still open ?

Repeating lows ?
If still open, then maybe repeats, so should be watching for new tranches, and waiting for the lows,...

https://www.lse.co.uk/rns/TM1/1634-million-convertible-bond-facility-yaxr04njqrmzs7k.html