Member Info for deepbluediver

ST - Well done for topping up. I got in at 26.69p, noise in terms of delta with your buy. I think there might be more opportunity this week... looking closely at my portfolio for high grading.

I have to say I am glad to see a lot of new and strong posters on this board, keeping the momentum and laying out facts properly (indeed, we are at well 1 of 3/4 so still have far to go). please keep it going.

Hi Glib
Good opportunity to top up, which I just did. In my head, its a quick turn to profit. (stress is on "in my head").

NDN, Skip,
I hear you.
I don't mind it at all actually, i think if you believe in the science behind it, and happy to take a punt on HE1 management, its quite a good time to add (been adding since 4.5p back in Dec) - I just picked up 10,000 shares with more to add if it keeps at this level or lower this week.

cheaper to multiple buy in 25,000 shares chunks than a single 150,000 buy (quote), odd (or is this normal?)

Looking at the sentiment here, plus the share indicators (RSI, MACD, MOMTN etc), there is a likelihood we might be testing a support level this week if news doesn't come by.

Dry powder ready (?) just in case another summer sale coming this week....

What happen to your millions in the bank Harpman?

Sound Energy ? no comparison - its another crap little company no life-oilers worth their salt would invest in. Muppet management. Sincerely sorry for the PIs who bought into their nonsense.

Agree. IG is flexible for ISA. i have mine with them. Waiting for their SIPP now. Taking forever

Sapphal, welcome and enjoy the bean ....

As an aside,
The corner shop on Berkeley Square have got some gorgeous motors on show. and the corner shop next door too (Bugatti Veyron). before you ask, no, I am not. I took the bus here from home - there is a nice pub (Windmill Mayfair) that serves quite tasty pie nearby. :) and cheap.

Interesting that DM is speaking to offtakers / end users now, he might even get offered pre sale funding from them which he can use for minimal cost. Sounds like DM is pretty confident. I might add more shares after having some pies.

thanks @ highlandMatt

New investor here joining your party. i thought id help with burning those shorts. - bought a chunk this morning after Seagullsfan had mentioned this company to me.

errr.. what about them? )

Or this one back to menu:

https://www.slb.com/reservoir-characterization/surface-and-downhole-logging

Dai
You can do both openhole and cased hole logging with wireline.

https://www.slb.com/reservoir-characterization/surface-and-downhole-logging/wireline-cased-hole-logging

Their website is very informative on most services available in E&P.

Grateful for all your responses and i thoroughly enjoyed reading them.

Hello KeithOz
Indeed, and fully concur about show vs discovery process - what it requires as you have stated.
My speculation is on a different sub topic though eg going back to basics, its about what constitute a reservoired He system. Eg do we need a strong seal or sufficient with a weaker seal but the system is continually charged therefore reservoired? In that sense, we can dst it, wireline it, and well test it as there are sufficient He in place?
Anyhow, again, my thoughts here are nonsense so please don't take anything from it. Purely educational debate / discourse. Nothing more.

@craignews
You're making me wanting to top up with all my leftover dry powder!

this is a bit out of whack (therefore purely speculation from me - don't believe what I write please) but i wonder:

1. we (market, industry) talk about He system being the same as HC (trapped, seal strength etc), understandably as in general, He production today are co-produced with HC - Oman etc.
2. However Rukwa is unique in that there is no HC associated with it, and in addition the system is being continually charged and we see the increase in He concentration as HE1 drills deeper and with "gas bubbles" show.

I wonder whether they are debating (including with reserve certifiers) what constitutes a reservoired He system, and, if what we see now - even with "marginal sealing unit" is sufficient to declare a discovery (particularly if it can be produced) eg due to the continuous and highly charged system at play. It is not HC play therefore does the definition for trap and seal need to be the same?

I suspect the deeper they drill, the better reading they are getting, consistent to what they have seen now and the bubbles continue to be seen ...

Its a bit of a whacky thought of course, anyhow all in good time we will know. Any geologist out there? :)