Firering Strategic Minerals: From explorer to producer. Watch the video here.
Desree, that's how I read it.
If the work over rig is deployed to the nearby C-19z oil well to conduct a de-waxing operation lasting approximately 5 days. then its taken back to the C-77H well, then presume the baseline is only approximately 5 days in length prior to the jet pump being installed? Or maybe I have miss read something?
A direct comparison will at least give evidence to the jet pump capabilities under these conditions.
The fact that Roland is working with the DGH can only be a good thing, can't see how he could avoid their requests anyway.
So jet pump installation likely during the week of the 24th July?
Rig on site 12th
Work over commence 14th
Mill out bridge plugs and insert production tubing 3 - 4 days? - 17th - plus five working days and weekend perhaps the 24th July.
Wonder what the length of time is to install jet pump?
Also questionable what affect the jet pump will have on those sections where the refrac was previously done.
Surely you are not suggesting they should do interviews etc just for the pump arriving?
Interview:
Gordon: So Roland.... Pump arrived?
Roland: Yep...
Interview ends...
Interview:
Elegance: So Roland... I hear the jet pump may have arrived? Can you tell us more about the potential for the Cambay? What your expecting in terms of flow rates once the column of condensate has been removed? Can you remind us just how many wells could be created of the central well and the total flow rates? In terms of cash flow, what would be the estimated returns based on today gas prices? If you could remind us just how much resources you think the Cambay holds in terms retrievable gas supply?
Appreciate you can't say too much in terms of the potential up and coming JV but what would be your ideal scenario in terms of a blue chip company coming on board? ideally how many wells would you be looking to do a JV on? Any more news on advising the Gov of Indian on Carbon Capture Storage?
There's likely hundreds of questions that could be asked of Roland right now to remind the invested of whats happening, and for those new investors educate them.
I do understand your point of view Gordon, as a scientist you works on facts and not necessarily potential and whilst you have done a lot of research you have those facts, but not everyone is a scientist or has completed that level of research and so for Roland to do these interview before the JV can only increase the level of interest right now, he could then do a follow up interview after, hopefully with even better news.
Look at it this way... an event is about to happen, do you want to advertise about the event and have a full house or just a few that already know about it.
Just my opinion.
Zag, Regardless of whether the pump is already on it's way (personally I think it is) Synergia only have 33 working days left to carry out the re-operation due to commence on July 9th 2023, with an estimated duration of 8 days and hook up electrical works, piping hook-up all due to be completed by July 17th following the pump installation so they have no time to waste.
If SYN do not use promotional interviews, twitter photos and feeds as well as the mandatory RNS's for news which could affect the share price then I see this as a lost opportunity for which Roland should be held account for.
Promotional information is key at this point, we have a lot of positive news coming and Synergia need to do all they can to share this over the next few weeks.
Exactly what I said at the beginning of this thread, , new buyers won't get a look in once this starts to rise. if your in sub .15 id say that its nailed on to double in the next 30 days.
Jet pump literally any day on site, condensate column removed in next 30 days, hopefully a re-rate on gas delivered to surface, Joint Venture with blue chip company, its all looking extremely good...
Oh.. I do hope we have a bidding war :)
The re-completion operation is scheduled to commence on July 9th 2023 last 8 days, momentum will build before then with investors wanting to take their positions.
Civil, electrical works and piping hook-up are scheduled to be completed by July 17th following the pump installation.
Very likely we will have press coverage along the way and I would expect to see Roland on site for some of it.
Oh I do hope we have another JV partner just waiting in the wings.
Ssccss considering the well is being water boarded by the column of condensate and still able to chug up some gas, one would hope, once the column has been removed she might breath a little easier as will the rest of us.
If there is improvement on gas flow, this can only bowed well for the JV, even a small improvement is good as Roland has already said the current level of flow is workable based on multiple perfs all connected to the same well.
This is exactly what I was talking about yesterday, “In auction”… RNS was clearly filed yesterday if not before and those in the know dumped a few shares and for some reason my account showed that SYN was in auction for a split second in the last 10 mins.
Disappointing RNS really, I’m normally positive but why oh why state 90 days as this leads to disappointment… clearly waited till today (June) to say only next month.
So… another month or so and perhaps we will see the share prices rise, will aim to spew even more money at this on the drop but that seems to be all I am doing at the moment. I’ll be catching Espen up soon…
First time I have seen this in 20 years of trading ... "The values displayed against your UK shares have been taken during an auction period. During this time your stock valuations may fluctuate"..
Well I was not aware that SYN was in auction?
First the 1 trade - skeptical
Then the drop to .12 skeptical
Now this message appears above with a spread of 17%?
Very strange...
Gordon, fully aware they are not buying 51% of the company, my comment was made below on the basis that we have little else in the pot at Synergia if we don’t get the CCS. So 51% in the PSC just as well be 51% of SYN.
Gordon. If Roland originally said in an email last year that "he was hoping for a free carry for the first two wells" then its likely that (I don't doubt you that he did) hes not going to get what he had hoped for... The very fact that he'd put something that in a personal email to a general investor would be potentially showing his cards at the poker table. Personally id be aiming slightly lower than that with my estimations so as not to be disappointed when the RNS lands. Only thing that would sway me to think that we could aim higher is if he gets some extremely good flow rates once the condensate has been removed. If that happens then the share price will rocket just on that news alone.
I also wouldn't be surprised to see another offer waiting in the wings should we get decent flow rates.
Finally.. I would also keep a sharp eye on the share price when the jet pump gets going... If someone wanted 51% of a company which is mainly based in India (CCS has yet to unfold in UK and may not) then why not start buying their shares sub .2p as soon as you know that the jet pump has worked? You could potentially be buying shares at half the price, if not cheaper to add to your 51%.
Just a thought - seen it done by JD Sports weeks before they finally bought out Footasylum.
Oirgadearg, agree with security, just hope they take the opportunity to take pictures of the jet pump when off loading on site/connection etc.
I would also agree that the jet pump arriving, once connected could be a game changer, thoughts are on flow once the column has been cleared.
Whilst I don't agree with the negative spin, I do agree that Synergia's PR department need to sent out a tweet showing either the jet pump arrival in India or better still, offloading on site at the Cambay... these are all lost opportunities to keep the share holders informed.