Member Info for dickie3times

Message

Kodiak oiil reservoirs are probably allvlinke to one massive field. Similar to the massive Kirkuk and Shaikhan fields in Kurdestan. Gkp Gulf 0Keystone in 2009 discovery

showed that the Shaikhan -1 field was so big that all surrounding fields were linked and is now thought to be the size of Greater London It beganvwith 900mbs recoverable and finished at way over 13bbs and getting bigger.

Imo the oil fields ib Kodiak wilk get bigger and bigger with each update

Typos apologies slow keyboard

Scot126

i agree...

In Aug 2009 GKP Gulf keystone major discovery Rns said similarcestinstes at 900mbs to 1.1bbs.

Within a few weeks the estimate hadrisen to 4bbs eventually rhe Shaikhan oilfield soared to over 13bbs and bigger. It made dozens if investors millionaires.

Scot126

i agree...

In 2009 GKP Gulf keystone najor discovery Rns saud similarcestinstes at 900mbs to 1.1bbs.

Within a few weeks tgecestimate risevti 4bbsvtgen eventyallly rhexShaikhan oulfield soaredcto over 13bbs and bugger. It nadecdozens if investors millionaires.

Extract

Highlights

· NSAI's best estimates of Kodiak's contingent recoverable resources sum to 1.2 billion barrels of marketable liquids (oil, condensate and natural gas liquids) and 5.4 trillion cubic feet of gas ("tcf").

· The new resource represents a 25% increase (963 to 1,208 million barrels ("mmbbls")) in recoverable marketable liquids compared to NSAI's previous 2023 report.

· The updated numbers include c. 43,000 of the c. 66,000 acres of the expanded acreage footprint post the successful lease bids in December 20231, and a higher average recovery rate due to the better reservoir properties in the shallower, updip portion of the field secured by the new leases.

· Kodiak is a large basin floor fan accumulation with three well penetrations. Recent drilling activity and acreage acquisition strategy has focused on moving structurally higher into better reservoir rocks where porosity and permeability are substantially improved.

· The potential improvement in reservoir quality in the newly acquired acreage underpins the c. 40% increase in the high estimate of recoverable resources to 2,840 mmbbls of marketable liquids and 11.75 tcf of natural gas.

· The 5.4 tcf of recoverable gas (Best Case) is important as additional support for a proposed agreement with Alaska Gasline Development Corp ("AGDC") to bring gas to southcentral Alaska markets.

I under-estimated...methinks..coukd giva lot higher.imo

LIfeofPI me too, this has got £5 written all over it next year. Possibly £3 later this year.

Gla

I am in both so thrilled at RNS today ..bodes well for 88e.

Good luck all.

40.8p paid

They are in cahoots with the Mms...i am sure they will help out Mangrove, as they always do.

Foo kin scallywags?

Remember flow testings come regular at an ever increasing rate, eXpect multiple flow test updates over the next month or so.

My guess is preperations aare ready to present an update to the market...

GLA for next week

One could...couldn't one? Remember flow testings come regular at an ever increasing rate, eXpect multiple flow test updates over the next month or so.

My guess is preperations aare ready to present an update to the market...

GLA for next week

Good money here as well...if youvplay your cardsright

Gregorio...y..you still trolling after all these years. NEVER HAVE YOU EVER BEEN POSITIVE. Real fec king jerk .

Even 2 groats would be nice

•¿•

...or a falling knife. Either way i am topping up in case we get positive news. Gla

SUPER POSITIVE...

hopefully?

•¿•

Https://ablis.business.gov.au/service/wa/mining-licence-offshore-minerals-/17029

Mining rights and application.

Eligibility requirements

To be eligible for this licence you must:

ensure you and your employees who will likely be involved in your intended activities hold relevant technical qualifications

have sufficient technical advice and financial resources.

For these reasons i believe UFO will seek a joint venture JV with sufficuent financial backing to present to the Department of Mines as a pre-requisite to obtaining licences at Hancòck, Munni-Munni and Elizabeth Hill.

Lack of sufficient finance and JV backing could imo be what has been holding us back. I am assuming (had assumed) that one of the majors in the region or Anglo American is still willing to back Alien Metals. There are dozens of operators with smelting process plants in W.Australia as a potential JV. Fortescue, Bhp, Rio Tinto had in the past shown interest especially after EH closed in 2000 due to collapsing silver prices.

I feel fairly confiddent that when we get the licence it will be accompanied by a JV contract. Hancòck first then soon after EH. IMO

IT is why i have waited for so long?