Member Info for Drewky

10 valid points Dunder? Come on then lets see you lay them out. No bullshit just valid points supported by fact!!! I can only see one point that you have made in recent weeks and that is the board are rubbish and haven't got a clue what it does from selecting a rig or drilling a hole. I think this mornings episode closes that one so lets see the other ten bullet pointed and substantiated! I'll even give you a starter for ten 1. The board do not provide adequate public relations for its PIs. Over to you...

I can go with that Max on the proviso that people views and opinions are based on fact and not fiction.

Dunder, keep digging mate! For the last fortnight you have continuously knocked the Bod for their incompetence in using the wrong drill and how with all your vastly superior knowledge would have done it better blah blah but you have been shown to be wrong and you have made one unholy mess of it today by taking one step over the line too far. So, from where I sit, your best position would be to back off and stop defending the indefensible. You screwed up accept it and retreat, wipe the egg off your face and come back another day to talk about future progress. Looking back is a wasted effort!

Can you not read your own words? "AEX mgt obviously don't know how to drill, they lost the last well and (looks like) mucked up the reservoir in the process" Lost the last well did they Hmmm I think the following prove exactly what Wryape said. You are discredited my friend Aminex is pleased to announce that the Ntorya-2 appraisal well has been successfully drilled to a depth of approximately 2,750 metres. At 2,596 metres drilling depth the well encountered a gross gas bearing reservoir unit of approximately 51 metres. Preliminary petrophysical analysis of the Logging While Drilling (LWD) logs indicates a porous and hydrocarbon bearing reservoir with a potential net pay of between 25 and 30 metres. Drilling of the reservoir section was associated with significant gas influxes and higher than expected pressures. The result is well ahead of the Company's pre-drill expectations. Ntorya-2 also encountered traces of oil in the gross reservoir interval and the Company is now evaluating the implications of this positive development through an updated basin model. Further to the announcement of 6 February 2017, the Company confirms that production testing on the recently drilled Ntorya 2 appraisal well commenced on Saturday 25 February 2017 and gas is flowing to surface. The well will be tested across a variety of flow rates and choke sizes to determine the optimal deliverability of the well for production purposes. The Company now expects to have results of the production testing and petrophysical analysis by mid-March The well was perforated over a gross interval of 34 metres. It underwent a testing programme for a period of 160 hours and flowed gas across a variety of choke sizes. The well flow tested at an average rate of 17 MMscfd (2,833 BOED) on a 40/64" choke. Strong pressure build-up occurred in all instances during the well test.

You are an expert in this field dunder or so you keep telling us and yet you base your comments on what you think and not what are facts. You have totally discredited yourself. Emotional, yes, I do not like lies or deceitfulness

No one appointment Tanzania but I am collating questions on this no discussion thread. PR Questions from me 1. What is the brief of Camarco and the cost of their services? (Are they utilised to advise on PR matters or are they only employed on an as and when basis?) 2. What value do the Bod put on communication with its PI shareholders?

Firstly Vike, I don't think we can blame Camerco on this one as they can't put out what they are not told. I shall be asking a question myself about the arrangement with them at the AGM. Secondly, I think there is far more to this KW problem than meets the eye. It really makes no sense at all for a board to cut off its stream of income. The board are going to have to provide some explanations at the AGM if not before

Now who is being derogatory once again Dunder. It seems you just can't help yourself and what is worse you make outrageous over exaggerated statements that we lost the last well and mucked up the reservoir, now unless you are prepared to back up that statement I suggest fook off because now you are telling out and out lies and I'm sure the admins would find that unacceptable! (Reported) It seems from you post record that you can only ever pick stocks with poor management and management bashing is your theme across all four stocks you make comment on. Now we all know the real reason for that don't we

I don't see an immediate rise but "We" eggchaser????? Really????? Run by muppets, so why the hell are you here???? The only muppets I know are the constant moaners on these boards. If they really felt that bad they would be long gone https://www.bing.com/videos/search?q=muppet+moaners+waldorf+youtube&view=detail&mid=DF180CDD884807037281DF180CDD884807037281&FORM=VIRE

I can appreciate you having a hunch Dunder and perhaps we should all listen to our hunches more than we do but in the cold light of day and again from the bean counter point of view, in the cold light of day, decisions are made on whether the numbers stack up. As has been said before we would probably all be very wealthy given hindsight or if we knew for certain our hunches would turn out right. Let this one go buddy it's in the past and it cannot be changed :0))

I think Dunder you should have a look back at the RNSs from August 2016. They didn't receive first payment from KW1 until then and they did in fact raise through a placement which I took up my allocation, so it seems they did do what you suggested. As for your AGM question, put it on the appropriate thread, no need for explanation just the question simply put. We can discuss it here but personally a discussion is a discussion what difference will it make to know who put forward the idea? TBH right now you seem obsessed with the past and as wryape says you need to concentrate on your exams assuming that is about your future. It is the future in life that is important, in the blame game there are no winners.

Would like to think so Taff but with just the one pumping cash at the moment its a bit like having the eggs in one basket. I think the results from last weeks success will see the real start in the upward motion and each subsequent success will derisk the action further and further. If Matt pushes on with another two maybe three, then we could see your 10p this side of Christmas

I'm seeing sixteen of those trades as buys The real spread is just over 2.5 to 2.539 so anything at .52 or above is likely a buy (apart from the first couple in the day. If they were all sells the sp would have dropped.

I'm not greedy, 32p would do me nicely and might even fund a round of drinks down the local ;0)) I Do think we are a fair way away from that yet though! It depends really on how quickly Matt is going to press ahead with the assets at hand. If they were all pumping at todays prices, I would be gob smacked if it were not at that level.

In answer to a question for drill site map Matt replied.... "Not something we'll share when we're actively pursuing new leases or acquisitions." Activity goes on.... 21 for now but potentially more on the way. This is looking extremely undervalued to me.

They were here in numbers when I first brought in last year but the fundementals looked good so I took the plunge. When the BP hedge and Bank facilities were announced I tripled my holding and on Monday I hit a 50% profit as I did on the year high. Didn't sell yesterday and no plans to go anywhere, this for me has huge potential and it is going to realise it over the coming months. Drill after drill after drill only another 21 to go. Only wish I had dry powder :0))

Ok now let's leave it at that and you buggar off and get your swotting done. Good luck

Thanks Jobop that was exactly the sort of information I was looking for. The power of the drill was adequate for the drill and did reach its target because it was capable of holding and turning the weight of the drill string and I believe dunders under powered rig to be a red herring to support his theory that he knows more than the professionals on site. I'm sorry if my questioning your abilities offends you Dunder but I did my apprenticeship on heavy vehicle maintenance floor before turning to a more creative career. As for being childish I think you should look at your own condescending attitude before you throw brickbats at others, your words were "Honestly mate if you didn't know what's side track is then there's no point in us trying to converse. Not being arsey but that's like saying I haven't heard of a van to move stuff." Well as you obviously know it all, can you tell me about wheel nuts on commercial vehicles (Van) without looking it up? No matter, the point is, as engineers we have a mechanical grounding but it doesn't mean we know everything without further study. Oh btw having a degree means you can do it on paper but it doesn't necessarily mean you can use a spanner. No offence to degree holders. However, just because you like to play oneupmanship I have 27 regional and national awards for my work which is not a bad achievement for a B class secondary modern duffer like me. The difference is I know it means jackshit to a public that just want the cheapest price they can get.

You are studying for an exam Dunder. While you are doing that it might be wise not to mock someone who is taking the time to study something so he can have a conversation with you on a level playing field. As it is, what I see is a bean counter that is guessing and surmising what the problems were. At least my efforts are to try to get to the bottom of it by looking for facts rather to pander to speculation. Btw hope the 11+ goes ok ;0))

WELL Seeing I am mechanically minded, I've done some research. SIDETRACK WELLS (Something I assume the Bod will have considered for KW1) "A typical operation is to sidetrack a well. This is where a well has already been drilled or partly drilled and there is a need to exit out of one side of the well to a different target. A sidetrack may be required if there is an object stuck in the original hole, which cannot be fished out. In producing fields, an existing well may be sidetracked if there is no further use for that well, e.g., the oil well has watered out. A window will be cut in the casing of the original well by a special milling assembly, and drilling will then proceed out of the window toward a new target." DESIGNER WELLS (I now understand what the Bod meant by designing the well for Chikumbi1 and this would be the answer to the question I posed last night about being able to extract both oil and gas at the same time! - Obviously a carefully thought out design is required if we are indeed targeting both! - Not a fag packet calculation over a pint at lunchtime!) "Designer wells are types of high-angle or horizontal wells that have more than one intended target. This makes them more cost effective because the individual targets would have otherwise required several conventional wells to drain them effectively. One aim of a designer well could be to penetrate and drain more than one fault block. In mature fields, multitarget infill wells can increase the chances of finding an economic volume of oil. For example, in the Oseberg field, Norwegian North Sea, a designer well successfully targeted and lined up several fluvial channel sandstone bodies" This is all I've found so far but Dunder put forward that Caroll2 rig was wrong from the start because of its lack of power! At this point unless proven otherwise, I can't accept that because it was certainly powerful enough to reach its target zone. Whether casing design was an issue or not is another question, along with whether the over mudding was down to the type of rig used, or simple human miscalculation! TBH, looking backwards is not going to help us, so I would prefer to be looking at forward thinking questions for the AGM because I'm not sure whether those same questions were asked last year Pete or Irish to name but two may have an answer to that?