Member Info for Divermike

They didnt do too bad mate, you could have been knee deep in VAL !!!

Dont know if it warrants an RNS but I do know RNSs cost a lot of money

I still think we got this at a good price $200m down to $3.2m, that depreciated faster than a Tesla ..... just 1 charter and we are in the money .................The vessel was constructed in the Essay shipyard in Kazakhstan between 2010 and 2011 for a construction cost, according to Caspian Sunrise, believed to be approximately $170 million. The total costs after fit-out are believed to have been approximately $200 million, "Given the sharp decline in the Company's share price, the Caspian Explorer purchase price for accounting purposes based on current prices is approximately $3.2 million," Caspian Sunrise said.

BRENT:- Brent holding up very well at $85.22 this morning, every day/week/month, money pouring into the CASP bank account

Zeeco, do you have to know your field to run a company? or just be clever, is this our ALBAs George? ....George Frangeskides biography
George Frangeskides has been appointed as Executive Chairman of the Board of the Company effective March 28, 2014. George is based in the United Kingdom and has a broad range of experience gained from over 20 years in the legal and corporate advisory sectors in Australia and the United Kingdom. He is a director and founder of Berwick Capital, a corporate advisory firm based in the United Kingdom

Pumping and tankering the water out for trteatment is a possibility although hugely expensive, but once again would this be allowed, or would it disturb the wildlife in the Adits as mentioned in the RNS ....."lesser horseshoe bats and otter using the former Clogau adit/mine workings."

Adit - A nearly horizontal passage from the surface by which a mine is entered and dewatered.

Kitty, if discharging clened water is a problem, getting planning permission for any futher works would be very difficult indeed, the word that stands out is "Disturbing" the bats, that can be taken is so many ways, building, noise, dust, vibrations, people the list goes on and on

As annoying as it is, having these long periods between RNSs (Clive did state the reason) I guess we just have to put 2 + 2 together and come up with 794, 2 tenders out for well 142 and 146

Tender 200809392 - Laying of pipelines from well 142 to GZU
Tender 200809390 - Laying of pipelines from well 146 to GZU

Clive did say 144 and 146 but they must be confident that 142 (If correct) and 146 are producing significant quantities of oil

Production from Well 154, the first of our wells to be drilled horizontally, continues at approximately 600 bopd, using a reduced 7mm choke.
Drilling is now complete at Well 153, the second horizontal well, which is now being tested.
The next wells to be redrilled using horizontal drilling techniques will be well 144 and then well 146.

Lesser Horseshoe Bat .......... if there are any of those beasties any where near Clogau, ALBA is well and truly stuffed .....Status & conservation
Native, rare and endangered. It is a priority species in the UK Biodiversity Action Plan and classified as Least Concern on the IUCN Red List.

Somm, Mid to late Nov for 153 results ... so I have heard on the grapevine

When Greenroc requires funding to progress, surely ALBA would have a commitment to contribute, otherwise ALBAs percentage ownership would decrease as Greenroc issues shares to fundraise

Puts it into perspective when Saudi reserves are estimated to be 166 Billion barrels

A 22 year old article, didnt ROXI spud A5 in 1999? These days a host of innovators is probing for new sources of oil underwater. Geologists have perfected seismic imaging of seafloor geology, with the hope of tapping into vast new oil fields like the one that lies beneath the Caspian Sea in Kazakhstan. That region could harbor a staggering 200 billion barrels — making it one of the largest oil basins ever discovered.
https://www.discovermagazine.com/environment/why-well-never-run-out-of-oil

Badge, Talking of which someone just bought 500,000 8-))

Anchois ...............The objective of the drilling program is to unlock the development of the discovered sands by confirming the gas resource volumes, reservoir quality, and well productivity, provide a future production well for the development of the field, and potentially deepen the well into additional low-risk prospective sands with the aim of establishing a larger resource base for longer-term growth.

Drilling operations are expected to begin in December 2021 and are expected to take up to approximately 40 days.

Chariot has previously said that the Anchois development concept consists of subsea production wells tied to a subsea manifold, from which a subsea flowline and umbilical connect the field to an onshore Central Processing Facility, where gas is processed and then delivered into the Maghreb-Europe Gas pipeline via an onshore gas flowline.

I was looking for highlights on Sky sports fight night .. couldnt find anything 8-)), I hope SHC potst some details of the presentation evening

Copland, in every AIM stock that I have ever been in that has had a Q+A session, they only answer the questions that have the "Right" answer ............ dont be surprised

Somm, I think drilling the last 800m through oil saturated rock (heavily fractured oil column) with light grade sweet oil oozing out of every crevice with enough pressure to fill 5000bopd on the surface, may be a bit quicker that 10m per day 8-)) hoping for an RNS in the next couple of days

Ive got this investing thing all wrong, I just read an extinction rebelion post on FB ...... "The refinery at Fawley is already the UK's largest, producing 270,000 barrels a day crude oil" ? errrrrr anyone got a ticker for Fawley?

You wouldnt even be able to phone the speaking clock to find out what time it was 8-))