Member Info for eegbvi

Wonder if SuperT is female. That really would be an interesting name.

Been a bit busy with this lot on here plus even more with sorting out a profitable oil E&P company for listing on AIM 2016. At present there's not much for me to get involved with on 88 as I am not very interested with some of the clueless people who have appeared on 88 bb recently. You and they know who they are. When it gets interesting there I may give it a whirl again. Good luck. !!

How did you know Smiler is a lovely lady ??

ISIS is/was a bunch of renegade Wahabis which Saudi initially funded through various Saudi business people with the idea that it would help Iraqi Sunnis who had been thrown out and subjugated by Iraqi Shias aided by Iran and some of its Republican Guard (thank you Mr Bush Jr and Mr Blair) but of course its leadership was then overthrown by some real evil characters from different parts of the Muslim world including several Saudis who have a totally different agenda - Greed and total control. So now you have a rabid dog which is out of control biting anything and everything within range. Its not religion but using the cloak of religion to rule in a very medieval manner. The Saudis are frankly very embarrassed by the way its turned out plus they now have the Russians involved bombing anything that moves unless its Assad's forces. Obama should have got involved but he was too busy chasing his Iran nuclear deal. All that was needed at the beginning was a well placed drone on Assad Government offices on a Friday while empty. As it is the Russians are not particularly accurate where and what they bomb unless of course they don't particularly care. Perhaps the ISIS oil will be properly targeted as at least that would move the price of Brent up a bit with little or no loss of human life. US is not involved with ISIS in any way and for once its quite wrong to suggest it is.

As to what Russia is doing in Syria its most certainly not for Syrian oil production as there isn't much of that. Rather its the Russian Eastern Mediterranean naval base plus supporting Iran to make sure Syria does not fall into Saudi/Sunni hands.

Well actually no because Assad wasn't elected other than by his and his late father's cronies in the small Alawite tribe. So we start off with a somewhat un-elected Government a bit like Saddam in Iraq. Saddam was Sunni with the majority being Shia. Assad is Shia but really doesn't have a Shia majority but sufficient to rule the Sunni elements from a quite small tribal base. Therein lies the problem. Bit like UK being ruled by Smith or Jones etc or maybe Jeremy Corbin making all the rules with HM merely rubber stamping them.

OPEC (Saudi really) couldn't care less re any Venezuela problem and Saudi has already taken most of PDVSA US business in heavy crude. Hints I have are that Saudi/Qatar/UAE and Kuwait will look for US shale bankruptcy numbers and tacitly approve a slow decline re Saudi etc in line with the US shale numbers declining, but they won't go too far or too fast purely as they have a quarrel with Putin/Russia. It needs US/Obama to stop his silly posturing and take some serious action re Syria as if he doesn't there could be very serious problems in the Middle East. US/UK started this mess so time for them to help sort it out. At present Russia/Iran are in the military driving seat so it needs US/UK/EU to balance that out. If they don't there will be almost all out financial war between Sunnis and Shias with Iran's nuclear and Russian military holding the balance of power. Then we see who blinks first.

Interesting from Mohamed Al Rumhy. He's been saying that for months but up to now usually on the golf course. Much of this goes straight back to Bush and Blair opening a whole can of worms. Saddam never had WMD as it was all bluster to stop Iran. But of course those two fools chose to believe Saddam bluster as fact and ignored their own political intelligence. GB Senior had a bit more sense.

Significant amount of hydrocarbons ?? I don't recall seeing that mentioned anywhere but I hope you're correct.

Which weekend though. ?? Time to plug, agreed, but not 2 weeks.

Re spudding. I honestly don't know what is going on re Humpy. It could simply be coring and slow meticulous wire logging assuming there is no drilling involved, or if its drilling it may even be another small sidetrack to try to recover some liquids assuming the present well is perhaps 50-100 metres out of where they now think it should have been. One thing does stick out and that is that NBL seems certain to try to find something of value one way or another. I originally thought it may be that NBL has a real problem in closing Humpy up but the longer this game goes on the more unlikely that is. So it has to be something else such as liquid recovery somehow as its not exactly a production wellthe

Apache Oil is in the sights of two of the Gulf's state oil cos. If it is one of them its merely a matter of time GS or no GS.

Never seen anything like this one - rights issue @ 94% discount. SP 16p Rights @ 1p. Unbelievable. !! No wonder the SP was up today. That's what I call different !!

It shouldn't take anything like this time to plug a well unless its another BP Macondo one. (I wish it was !) The reason for the no sample is almost certainly due to the side track but I suspect NBL is trying to get a sample of some sort, even if its only for more reservoir modelling.

Its a quite cleverly worded RNS which mainly refers to the last 25M of the APX200 not the first 40M which FOGL previously had to issue an afternoon RNS for. I suspect its that 40M that both NBL & FOGL are desperately trying to get more information on prior to the final P&A. OK it may still be non commercial but it will give a lot more information re SFB.

Forgot to say I'm glad Isobel 1 wasn't completed since had it have been then FOGL wouldn't have the Isobel 2 free carry.

I would love you to be correct but 1 bln bbls recoverable would indicate about 2.5 bln bbls in place so someone is playing games I think. If you are even remotely correct then FOGL would be somewhat larger than RKH & have no problem re any later funding. Can but dream I suppose.

Just had a depressing thought re Humpy. It may be WO's hamster stuck downhole plus Peteb's damned ferret after it. No wonder NBL has a problem !!

Looks like they know its oil not water or gas but question is the quality, quantity, and flow rates. That's the conundrum which NBL seems determined to solve. NBL would most definitely not be still there with ER for water or gas.

Interesting that last week WTI shorts virtually disappeared and even regular put contracts were down sharply plus the bullish forwards were up 5%. Bulls are slowly gaining the upper hand with NY traders, speculators and hedge funds. Indicates firmer WTI/Brent oil prices now more likely.