Listened to a clown and realised Sanderson has no clue .
AME will not be paying for the 7Inch perf guns or sourcing them to perforate a discovery drill at 300m .
They know the reservoir is much deeper too ,at 1600m ro 2400m and therefore the 7inch guns serve no purpose at 300m .
AME are now of a deeper drill before any perforation.
Sanderson has proven himself to be cluless to them .
Unless Ukog can cough up another £2.5m no further work .
All in my opinion.
If Sanderson thinks he can renew the licences with applucatiobs and paperwork ,twisting of documents or bs he hasnt got a clue either .
They dont entertain clowns in Turkey .
Sone think its a joke,it isnt ...welcone to Erdogans Turkiye where you do not get a second bite at the cherry
I have been saying how it is for weeks. The oil is much deeper if its there and wont be at 300m and the perforation process is awfully undertaken .
In my opininion i have been correct and i dont care about being called what ever .
Also IMO ,i blame UKOGs CEO Sanderson, he is useless and hopeless .IMO he has been told what i said but didnt listen because in his opinion he is the expert .
If you have been following my posts, you can see that i know pr beleive the region has lots of oil and that Pinarova had oil too ,AME has experience in yhe region and can do the job but i have been also using kind words for Sanderson that he isnt upti the job ,described as a clown by others and i agree.
Mayhe now he will pass on all work to professionals ,ie AME .I know what i know and its also my opinin teh operation is running out of time.
The presidential elcetions are on Sunday and ERDOGAN will win ERDOGAN has a accused USA and EUROPE of meddling against him and promised to settle scores.
AME nad UKG best hurry up and get this sorted within 3 months or they are kicked out ,being an American and UK company will not be a good sign .
Even if oil is there, can we trust Sanderson to get it out .
My opinion is NO
I posited before today that Sanderson is dragging things along and that despite AME being the operator that AME arw finding his conduct unhelpful.
This licence is now seriously at risk being withdrawn due to incompetence.
Sanderson has blamed AME for using the 4.5inch guns.
AME.we cant get hold of any big guns,they are all in use perforating other sells.All wd have is 4.5inch and they are too small.
SS.Just use that it will be fine ,im an expert.
The ceo Sandrson is really a useless man ,i dont thjnk he can even organise a round of drinks at a pub
https://youtu.be/GB0WX_C7VK8
I cant see any rns stating he sold ,not that he owned much anyway ,but directors have to inform the market on transactions from what i know .
You should out its your opinion unless you have proof of this or can get reported .
And from the cuttings and the string odour does give hope that it is there and at a deeper level.
Regards to the cost and speed of driling you can't find a cheaper or harder working place than un Turkiye .
Mr Sanderson should cast aside the bags of documentation that he loves immersing himself in and go for it or let AME get on ,my opinions is he is the one dragging his feet for personal reasons, ie getting paid longer ...imo
MrSpecial ,re your reply to me
Thats what i expect or hope for ,imo an oil pool or reservoir deeper would point to a bigger reserve than one that is at 300 m .The reason for that is at the shallower lever there is a bigger risk of it being breached .
Commercial discovery may be made but i think it will be at much lower depth, 1400m or beyond.
Realistically i cant see it gushing from 300 to 600m .Which dows not matter imo as long az a discovery is made how deep it is .
To raise funds a company needs assets to secure it on.
If ukog finds oil in Turkey then thats an asset .
I dont think Ukog has any assets worth raising finds on in UK.It has court orders due next month but even if they get them what are they worth
They have few months left in Turkey .
Sanderson has been acting throuught as tho he has been in UK ,hasnt understood the laws and instructions and way forward in Turkey .He thinks he has all the time in the world and can earn his dollar.
Calculating that longer it takes the longer hes in employement is not a productively way to run a company.
Hes a bad ceo and to me he had proven it in UK and in Turkey .
This is my oipinon only .Finding oil there had nothing to do woth it, maybe they will find a lot but the operation was handled at snail pace and in my opinion knowingly.