Member Info for Desmond45

Speaking of UPL, I wonder if SS will now be dedicating some time to 88E following the Wick duster - since I’ve seen nothing of him and he did not turn up for the corporate presentation he was supposed to be co presenting! Happy weekend people :) day in the sun is approaching!

I think we may see a strong finish to the trading week tomorrow. DW likes a Monday RNS and we could get the much awaited farm out news. Wouldn’t want to be out of this one over the weekend.

Full steam ahead

Seems to have encountered saturated hydrocarbons. https://www.oilsearch.com/__data/assets/pdf_file/0008/28457/Pikka-B-well-in-Alaska-encounters-hydrocarbons-in-the-Nanushuk-formation.pdf Good news for the nanushuk (and winx)

So many blinders, such little sp action. Roll on the farm out.

Taking a punt here. Also in 88E, but the upside on success here will be fantastic. Winx could be a real beauty.

How can Erik be involved in multiple ventures on the north slope, isn’t that a conflict of interests? Especially with jade acreage bordering Yukon?

Where’s this farm out then. DW been giving it the big one since 2016. -> Time is right to deal

Thanks for taking the time to reply EmeraldCarrots! Much appreciated! Seems like a very convoluted turn of events - hopefully one that is resolved sooner rather than later

LSE63 I also noted how he referred to closing a deal in 1Q rather than Q1 how he usually refers to quarters. Maybe reading too much into it but I think a deal is close

Could anyone explain what’s going on with the Slovenia job? Is an expensive legal battle unfolding or potential upside from these low levels? Seems like the board are crooks from some comments on here? TIA

Not wrong there Brom, I'll just be happy as long as they give us cash up front, some extra 3D seismic and a juicy drilling schedule

Could be Tesco or Morrisons I reckon

Looking good here folks. 52 trading days until end of Q1. Delivery of Farm out surely incoming. DW stated he would rather work with Tier 1 for the expertise they will bring. With multiple bids tabled its just a matter of time.. Surely.. Either that or rejection of all offers, opens up to tier 2 and a 3-6 month delay while they're in the dataroom. Could shareholder value finally be realised? I must be dreaming GLA

Perhaps DYOR is another concerned investor who challenged the moving of the deadline like myself after being bitterly disappointed! But we go again and it’s (hopefully) not far off now!

Staycalm - it was a direct email response from DW following the Dec 20th RNS when I queried whether the extension was for tier 1s only to which he confirmed they had not moved to tier 2

Looks like a corner has been turned. Happy new year all. DW confirmed that deadline extension was not to tier 2 co’s so it’s likely we will see a tier 1 farm out in the next 30 days imo. Can almost taste the jam :) GL

Where’s Darkelf? Has the jam tomorrow pushed him over the edge this time?

Yes great idea sell at a loss following the ‘reward’ of 1p rights issue shares - Il post what I want you bunch of doilums! It’s a discussion forum - good or bad - Thanks for the advice though! Merry Christmas!

Phrontist - The HRZ is so far out of sight it is laughable. 6 months to complete analysis. Followed by 9 months to secure a farm out, followed by another 6 months to drill and test horizontally (which they should have done originally and did a U turn)

Meanwhile a strong chance of another CR as per usual between now and winx spud, probably around mid to late February once any sort of momentum starts to build.

POO tanking meaning Yukon becoming less and less viable at 40-50$ breakeven.

It just gets better and better doesn’t it. Great RNS though yeah completely agree.. potential farminees going to have us by the short and curlies IF any bids do materialise. 3 month wait to find out and 0.5 In the meantime. Shower of shit.