Member Info for dazzle1000

“In the Seabee Formation, an attempt was made to take a sample from the Lower Lima target, being the better of the two Lima targets. This attempt was unsuccessful due to insufficient reservoir quality; however, given that these targets were not intersected optimally, there still may be potential for higher quality reservoir at a different location. Excellent Vertical Seismic Profile (“VSP”) data was obtained in the well, which will now be used in conjunction with other log data and the existing 3D seismic, to remap these targets. Sidewall core analysis will also assist with determining where improved reservoir is likely to exist. Mud gas, observed while drilling, in the Seabee indicated that the hydrocarbons at this horizon are heavier than those in the Torok and this is the horizon where “live oil” was observed across the shakers in the nearby Malguk-1 well. Premier Oil has informed the Joint Venture that it intends to withdraw from the project, as the well did not meet its pre-drill expectations. On withdrawal the Company’s working interest will increase to 75% in Area A including the confirmed condensate discovery in the Torok Formation.”

We had great sidewall cores to at least know that Lima potentially is on the cards showing heavy oil in the mud and gas... let’s hope that the sidewall core was as good for the HRZ Dave mentioned at globe this was key at getting best data possible...

This may recover but I won’t be holding my breath for the big payout until results in July if they come In Good to keep us in the game.. more cards on the table should keep more options open and better prospects.. all ifs and buts them are the apples..bitter sweet again I know. Maybe for some, safer shores are a better choice with more stable outcomes than AIM casino.. imho

Bigger things to worry about at the moment with Coronavirus and economy.. stay healthy, keep safe and happy. Dazzle

Boom boom, Quite right you are. Premier oil have targeted the middle and lower Stella, the other Stella is on the edge and not the optimal middle like the other two... Best stick to Daves and PMO.view, Prepare for the worst and hope for the best I think more than Stellas is a bonus. Don’t forget we have Yukon gold and possibly the HRZ.. The two Stellas amount to 115,000,000 barrels at $3 a barrel for now divide that by seven .1 billion shares and that’s a rough target for the share price

https://uk.investing.com/news/commodities-news/china-starts-buying-oil-for-state-reserves-after-price-crash-2087444

They wouldn’t be doing this if they had a weak economy would day? just google what petrol is useful in products for And compare who has the market for these products in making them to export

GPHIN Organisation based in Canada discovered the SARS virus six months before WHO... By doing a hell of a lot more intelligent work they are a non-governmental organisation unlike WHO who answers to governments specifically China at the moment.

I Would like to think those that bought in the other week around .7p have derisked somewhat yesterday with that spine up... the gap up had to be closed back down in time. Guess it was a quickie one.. Brent has gapped down from early $40’s and has just closed a smaller gap from 26th march from $27 ish to $24 ish ...

Nearly 57 million Volume traded as of 9:33

Trolls on filter can not be reported so they go unpunished, double edge sword o know.

Best either to keep your social Distancing from these trolls if you do feel any symptoms report them immediately...

I think it’s best for any virus that contaminates include social areas to wash your hands thoroughly before use. Let’s use this practice in here and report the trolls and wash your hands of them

Young people nowadays love luxury; they have bad manners and contempt for authority. They show disrespect for old people... contradict their parents, talk constantly in front of company, gobble their food and tyrannize their teachers.

Socrates 469 BC

https://apple.news/AYJomB39TQGiM3syhqj9H5A
Just wondering if this might have an affect.

Posts vs trading counts, not accounts. sorry typo

Topofoz 8:40
If only we all had a bit of Brombarb common sense and calmness when posting factual and balanced info this bb and investors would be a very much different place , a bit like the PMO board who are very calm and knowledgeable in their confidence when trading look at the posts to trading account to see. I MOH dazzle

Prudhoe bay was 25bn oip of which 60% recovered so far, with current tech taking 40 odd years to get there . So who’s to say the other 5 formations won’t come good Eventually. Don’t forget the upper Stella is a huge one but alas is on the fringe of the middle and lower Stella formations ,so who’s to say that Premier oil won’t go at it next year if the core login samples et cetera. There are three different things to consider 1: oil in place. 2:what we would like to believe is commercially recoverable and 3:what we actually eventually get,using today’s modern technology is up to 60% recovered from that. Imho

In March 2016 the share price reached a high of 4.35p with 3,177,864,656 shares in issue in that month. The last time the share price hit 4.25p was in June 2017 Where there was 4.56 billion shares in issue

We were all newbies here at some point. So give a little leeway and understanding to those who ask questions. Yes dyor, and research like there’s no Tomorrow until you get pig sick of it,, that is why 88ewiki was set up to help and guide those to a better understanding, don’t get arrogant, ****y or Complacent. We are all teachers in this world some are disingenuous. I’d like to think most are generous.

Dazzle

Brombarb as all ways the uptmost respect to you for your Continuing support in here keeping a grounded levelheaded balance. One of the stalwarts who at least has made this bb worth staying with.

Jiddy, moda, tdistd, spinefx, to name but a few as well, and to all those who’s posted in the spirit of 88e ( trolls not included) heartfelt voices indeed.

Keep focused and levelheaded and have a strong due diligence in mind, the next few weeks is possibly life changing. Dazzle

Good to see you around Mr Martini, you were at the globe last November I think I saw you there?

Reaper and mickey nice to see the globe trotters in here as well, chartman too, and to all who have kept up with 88e journey, new and familiar faces alike.
Best of luck and good fortune, keep well and safe

Reaper 9:00am
I missed that extra plus layer so that makes x9?

Good too see an upbeat and optimistic wave of sentiment here. Nice level 2 post as well keep em coming. One MM on 1.35p. This will have ups and downs due to people buying and selling trading.. for most of us it’s the next 2 yr or sooner for big pay day.. hope the sp climbs up to help some nervous types derisk . I’m more focused on the two Stella formations and conservatively speaking anything extra is a bonus so whatever happens in between is noise remember Premier oil I focused on the two Stella formations.

The way I’m looking at it is the other five formations are a free carry on core login and drilling cost (Imagine the cost doing it separately times seven) Oh and including HRZ so that’s times eight right?

Ps Of course there are the likes of Brombarb and Lemajor and the other Stalwarts who give Tirelessly and effortlessly each day their wisdom and knowledge . Sorry if I’ve missed any names as you’re all champions in this story and who are genuine and heartfelt about 88E‘s future. To all those who see the Potential I know the risks keep your head up high and clued up.Do your due diligence and derisk if you feel you have over exposed to much money...