Member Info for Ddraig

09.36 - really (Charlie-1 after interpretation of the results? 1.4bn barrels of oil plus condensate Plus 1TR CFT of gas)...touch crowd

Appears , my thoughts on timing for release of Talitha drill results is still on course...I said Monday in prep for their webinar Tuesday.
Keep your eyes open to see what this could mean for our central leases.
DW's diagram hypothesises the Kaparuk and Shelf Margin Deltaic (deepest and shallowest of the 4 Talitha main targets) could extent into out area. Kaparuk is being flow tested (results next week) but the SMD is cased like the other zones and whilst they'll have data to be released in the webinar and forward depending on analysis timing but no flow test till 2022.
If DW is on the ball, he'll have a presentation ready in a success case event to highlight the potential value to us...

should be 1.30 - 1.35

12.00%....bandits ;-)

19.45 - Next RNS will schedule, maybe some guidance on anything interest to note but not formal results of greater detail.
Wording it wording. Ask 10 people to write the same information and they'll all be different just stylistic, never going to be able to satisfy everyone and generally will not satisfy most. Plus I've noticed over the past 25 years IQ's and literacy appear to have decreased so its maybe moreover that people's basic comprehension is lacking...in a world where it seems increasingly acceptable to constantly ask questions in the minutia even when any statement is clear enough.

19.45 - Apologies, clearly got the wrong end of the stick

19.13 - I don't see Phronists posts but I agree with Brom. If you use logic and experience, we know from past events and every other oiler, the tests take time. Not going to be done in a week unless you're suggesting that? However what is different (in my understanding) is they are going to give us guidance of when to expect it/them rather than everyone forget about it and suddenly it lands.
DW has aways said he wants to reward LTH and shareholder support. I think he'd be genuinely upset if some holders cashed in as they thought it was a dud and another 9 odd months to wait. He's already said he thinks it's good and he's now going to let us when to know when they will present analysis to prove that. I think he's trying to say if you've been here for a while you deserve a return, this time we think we have it, I want you to know by X date you'll be glad you held. This is a massive deviation from DW's usual comms which is far more subdued...if you don't want to believe it then sell up, don't say I didn't warn you...I'll be the first to crucify myself if come the time its not what it appears to be....

Well lets all hope if there no oil then 88E can flow electricity from the well give all of today's chat....

Jesus H Christ...the smallest possible rise and the hoards appear immediately...they are like beatlejuice!

11.31 et al. I stated some thoughts before on this. Its worth remembering the oil is used for so many things such as plastics (which we really haven't an alternative in the main), rubber (inc tyres etc which unless we develop hover cars you'll still need), heavier fractions for tarmac and other construction materials (again unless we have hover cars we'll need road surfacing.). I think EV for trucks and large long distance goods transportation will lag significantly, same as ships and planes (maybe hydrogen fuel cells but thats a way off given the energy t produce hydrogen and the ability, or lack thereof, to store.)
Whilst I actually fully accept we need to make in roads into changes for future generations...it'll be a generation or 2 and that also depends on what the population hubs do, namely India and China...seem more questions than answers at the moment and that may support prices in the medium to long term

10.21 - Well done Rodrod1. I have her/him filtered but good to see you're not taking any nonsense

09.17 - You fundamentally don't understand how this works....go back to school, unless you're excluded for being hopelessly stupid.

06.41 - I hope not...I hope we at lease release the interpretation and analysis so we get a bit more of the pie. I personally hope the analysis is good and we get to drill Harrier and retest Merlin. Then I'd be happy for CP to make an offer...but for Peregrine only, I would prefer Charlie-2 and any central lease drill subject to Talitha results we also run independently....
I want some of that creme of the curve for myself...

20.40 - They would need a rig for the side track well and to case the whole well in 2022 if they chose to revisit.
If we had already cased it then you could be away with a work over rig (much small less complex.)

19.46 - Or people can review the process at Talitha for PANR. The Nordic Callister3 moved off site a week a go and they are flow testing currently.

15.10 - I get the fact the unknown to some is unknown....for me the the comments by DW and qualified independent spectators tells me the simple characters that haven't be satiated with a 'route 1' drill result may be kicking themselves in a few weeks...but there is enough information there to tell people that this time is different...everyone is welcome to interpret that in any way they want, but it appears most are thinking its the same as previous drills with little intuition...I give up.
Its still annoys me that Charlie-1 reinterpretation got no value back from the market...says everything. And unfortunately detriments us all as industry must be laughing their socks off that they could offer peanuts for gold....

15.02 -
In closing, as one PN source described Merlin 1 results: “If it walks like a duck, quacks like a duck, and swims like a duck, well….”
;-)

12.10 - Appears the trading 'gen-i-arses' are back out in force again today...meh

00.11 - I doubt it at the moment, its not really 'proved up' even though I'm expecting the analysis to be very good.
After a successful Harrier delineation drill and a flow test back at merlin, then you might get something decent as an asset sale.

10.01 - Agreed...maybe self confirmation is what their searching for...I hope they find it.