Member Info for ericnat17

Hi ponks

I can’t see them using ADVFN

L2 looks positive 27v23

I am going to say it,

I am not sure I would want to be out of this over the weekend.

Maybe a bit early for the big flow news but I am guessing we may have an update regards other items next week. What do you think Lucyman2?

Rich

These are ISA trades, happens every year. Google bed and isa

Why are the institutions loading up.....I wonder.

That would make it a "golden shower".....ewe

I think it is a bit more like Dallas.

One morning I am going to head for the shower, but someone’s already in there....it’s Brian M.

It’s all been a dream, we never drilled TE10

Hi Joe

I got the feeling from the BB event that they did not want to take any risks with the integrity of the tagi section, making changes to the design could have had that effect.

Hi FSH

Also it would appear that institutions have been buying above these levels. As some one said yesterday there is always someone on the other side of your sell trade. Guess we know who that has been recently......

Crude
The LE price will be well over your 22.5, the current price is unsatisfactory, but inmaterial.

With just a tiny flow rate at TE10 we will be on a multi bagger. It appears obvious that placement of the well was to test both the Closure and the trap, so by definition it was sub optimal placement for both play structures.

If the TE10 Trap plays flows at this well location then imagine the potential flow rates once the drill bit hits a good part of the reservioir

and they are getting them cheap.

today is a perfect example. all of the ISA transfers were reported as sells, consequently it looks like the sells outweighed the buys massively, they did not.

Hardly any volume outside the ISA trades and the SP drops 4.5%......some one will be getting more cheap shares.

Oh well, i will keep telling myself that the SP is not important, only the LE proce will matter. I think it is closer than most of us could imagine...

Thanks Sounding off

that counts as excellent news for me. with all of these ISA trades over the last few days, lots and lots of Sound shares in sticky hands

yes but since then we have had announcement saying that ONEE was going to take it all, maybe I am wrong sorry

is this bit different. looks like we may not be selling all to ONEE

GSA under discussion (Offtake expected to be either domestic power plants for gas-to-power generation (transit via GME line) or export to Southern Europe)

Algeria appears to be less attractive to O&G following the changes. I would think that as a whole the country avoided a significant civil unrest, thanks to the resignation.

this is good news for us, thanks partridge

A few buys going in. not surprised at these levels. The 75k was a buy

Thanks mike that’s what I understood from the update today.

1Testing the cement job
2 Coiled tubing
3 Unstimulated flow
4 stimulate
5 stimulated flows

They are currently at stage 1.

Let’s not forget they know they have moveable gas from the MDT result.

“The successful retrieval of this gas sample confirms the presence of moveable hydrocarbons in the reservoir, and importantly is the first successful MDT gas test from the TAGI sandstone in the Tendrara licence (where testing has historically been hampered by the tight nature of the sandstone).”

This statement strongly infers the deliverability.

Phil had over 900k, so yes a decent holding. Sad that he gone without seeing the endgame. His final post is below, let’s hope he was right.

“Just my thoughts
I believe Shell could make a move as soon as (hopefully) TE10 is confirmed as a success. It seems to me they are happy for us to prove up the tagi and will pay a little extra for the potential of the paleozoic. After all they are next to us and have a good idea of what extends between their permit and ours. I do hope they face competion”

Hi Shed
Yep the RNS makes clear the 3 million that have just vested at 16p. and I think states the TP will run for 12 months. That 12 mths is almost up. I think that JP will not roll over the TP. I would imagine that when it was originally set up it was to cover the period leading up to a spike prior to the LE.
The TE5 Horst with the original TE7 40bcf was 25p per share ish. Now we have the massive uplift in to 115bcf i would hope this would be more like 27p per share. TE10 is a discovery and therefore we have TE5, TE10 and SBK not bad for so few drills.
I am sure we had certain expectations about moving out of AIM in the early days of Tendara, now that looks like it would have been a good move.

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