Member Info for dai2belts

Well I had to derisk as I used money from savings to increase the chance of a free ride, and I held to the last section to be drilled. Left a little on the table, so still got close to 1/3 of my holding.. Was hoping for 1/2 but I did not play the game well enough.. But as long as Buffalo comes good it will still be my best investment to date, thanks to the guys that kind of mentor me

@SGF, DBD...
Not heard from Joshwaa in a while, did he say anything to you guys before disappearing?

HMS Nicely held, I derisked Friday, got highs of the day though....but 5.2p would have been way better..

We wont be able to keep it a secret for long if ADV prove Buffalo :)

Still not listed in the risers, thats a lot of lost views.
If we get to the top 5 it wont be seen..

Thanks Lexion, will read some more..thats free learning..

TXP are about 90p producing 1333bbls/d
We have an estimated 20,000bbls/d from Buffalo...??

Thanks again :)
I will have another read, I noticed the 90% water cut, but the barrels produced are just numbers at the moment, and the CEO summary made it sound so good, got the impression the oil was an unexpected bonus.. I am starting to see why Wyndrum sticks to charts...
Thanks

Ignore the comment "Its interesting how the sp moved on the Friday before both Monday announcements", need reading glassses

Anyone here follow TXP?
Just interested in why the share price dropped so much on the 2nd update on Royston-1, Dec 6th, looks fine to me but I have a lot to learn...
Basically lost all of the gains from the 1st update Nov 8th..
Its interesting how the sp moved on the Friday before both Monday announcements..

@sdg1970, might have been you that suggested that play.
Somebody also suggested getting rich slowly..
I got sucked into buying more on Tai2, and put most of my original investment cash back in, only just stayed positive..
Friday I de-risked my ADV holding, I have a feeling its going to be a good drill and I will be thinking I should have left more on the table :)
After seeing that 28% rise here, possibly on that Qatar tweet, a topic already mentioned here in December I think we will all have a second chance to do well as there still appears to be plenty of excitement

I dont think he will be keeping that Champagne though :)

Looking at LP's comments the FDP could be announced with the IRE..
"this is a classic um set of uh set of steps that any oil or gas development would go through
so we're doing this appraisal well to establish how much oil is there to be developed
and once we have that we'll do a re-certification of the oil resource which will then
we will then move to reserves by getting an ftp(FDP ?) finalized and approved
and once we have done that we'll look to take an ifid decision which is the point
in time when we effectively what we say in the business start cutting steel and
executing the development"

@6m24s
https://www.youtube.com/watch?v=6HwO-v9BMdQ

Thanks for the reply,
Only my second AIM stock and first oil so have little experience, its much appreciated,

Counting my chickens already..
Does the completion of the field development plan(integration of well data with original data) generally result in a RNS?
Or will it be part of the announcement of the oil moving to reserves Or announcement that funding is being sort...
just trying to workout likely events to move the sp??

Here is an idea for newbies like myself...
The Free Ride, decide how many shares you want to risk on the results, estimate what you think will be a very likely sp before results. Then buy enough shares to generate enough profit to return your initial investment and leave your desired shares invested.. Then buy early enough for that to happen, if everything goes better than expected you can take some profit or leave more for the results... learnt that from guys here... the real hard part is selling what you planned..

LP does say in the latest stockbox interview
"first of all establish the top of the reservoir so we will see the reservoir material coming up"
https://www.youtube.com/watch?v=6HwO-v9BMdQ
5m30s

Diet oil, no wonder
I have been googling "how many lumens you get using API 53 light oil"

This is from when 4 possible assets were being looked at.. video 11th October
https://www.youtube.com/watch?v=UZh1gj_Kj5I
@7m34s
"we're looking, we're in dialogue with two parties at the moment one is around some production and another is a buffalo look-alike in fact an appraisal situation which is lying dormant for a number of years there's a lot of upside associated with it and we're having a very constructive conversation with with them "

he has been so spot on I think he is busy on site checking the mud ;)