Member Info for EricHorseman

Mortgage, I can tell you that I don’t currently have a test out. Neither does my dog :-)

In fairness, Global, he probably never liked you :-)

Christ, Global, you really are a chief clown, aren’t you?

How on earth does lying / fantasy trading on here help you to make money? Utter moron.

In fairness, in the video, AS states that optimisation will take a couple of weeks. That could be read one of two ways. Either a couple of weeks from the video, or a couple of weeks from when the optimisation began. I’ll go with the latter :-)

I wonder if this means that the recorders have not been able to be retrieved from CASCADURA yet either? I was hoping for / half expecting some results this week.

I'd take that, Photo :-)

Although i'd say we're 2 - 3 weeks away from Chinook spud.

Haha. I was in the middle of writing something similar. The COHO results were externally analysed, so presumably CASCADURA will be the same.

Tomorrow is my guess, for what it’s worth :-)

It is currently trading. As I type, price currently sat at 50 cent

Hi Photo

I’m under the impression that the answer is 3

Maybe somebody else could confirm?

I guess the recorders could be pulled any day now. Looking back at COHO, it seems a 2 week period between end of pressure build up test and final results. Perhaps news on contract award for COHO pipeline next week? Things should start to get interesting from end April / Early May for me. Final CASCADURA results and CHINOOK spud. Excited.

No mention of Royston in the last RNS, or this weeks interviews. Just Chinook.

Any chance that the two further wells required for licence commitments will now be Chinook and a second well at Cascadura?

Just a thought.

IMO, no RNS at the moment is fine. To me it just means things are still moving along exactly as planned. Final Cascadura well results expected mid - late April and probably news on the next well around the same time, going on PB estimates. Other than that, maybe an update for progress on the COHO pipeline at some point in between.

In the Interim, we’ll just bounce around with the markets, currently determined by the virus / oil prices. Nothing we can do about that :-)

Genuine question then. What happens if the virus sh@t hits the fan in T&T and we can't operate for months? Negotiated extension?

Aren't the terms of the licence that the second two wells have to be drilled (or at least spudded) by the end of October?

I may have that wrong, but sure that i've seen others post this on here?

I like that they state the initial production rates based on the 'test results'

We all know that the test results aren't indicative of true rates due to limitations in the equipment. What're the chances that the initial production rates will be much higher?

Also infers that the completion of the 2nd stage has gone to plan, with no issues (given the tests start over the weekend). Very positive

20bcf at COHO and 2nd stage testing starting this week. Initial results usually take a couple of days from start of testing, so expect news Tuesday / Wednesday next week. Excellent stuff :-)

G_G_G

Yes, that was the time frame given in the Q&A for next results. Hopefully he was just being cautious though, and will surprise us with some results this week :-)

They’re removing the recorders from the first zone next Wednesday, which I guess means the end of the pressure build up test? Then complete and test the 2nd zone. Maybe another 4/5 days? Hopefully initial test results on the 2nd zone on Monday 2nd / Tuesday 3rd March. That’s my best guess anyway :-)