Member Info for Espenviking

What a solid day, and the climb kept going for the full afternoon. Exciting day ahead tomorrow.

Hopefully also soon an update on

https://www.nstauthority.co.uk/news-publications/news/2022/carbon-storage-licensing-round-attracts-26-bids/

Thanks Gordon, really appreciate it. Fascinating considering the sizeable number of wells that was drilled back in the days. Let’s hope 2022 was the year of the necessary grind to make 2023 a fruitful year for us all.

Thanks Gordon, remember you saying you kept a detailed file. Much obliged.

Thanks gordon, please don’t if you don’t have it at hand. Do you the mcap as well you can attach?

Unfortunately not everything can be supplied via Amazon Prime speed in this field. Agree it’s taking time, which is unfortunate but rather they take the required time and hopefully get it right first time around.

A lot of flack has been directed toward the company for poor/lack of comms. Seeing they’re now active on Social Media platforms, suggest you tune in.

And the update is out, all moving forward it seems on the design / order

So overall NPV would likely be well in excess of $2bn then, for 30+ plus well? Seeing $725 is for 10-well
Model.

Thanks Gordon, nice to have it completed. And yes, I sometimes think of it as a person’s Net Worth, just in this case you have to add the time element to the calculation.

One would like to think they’ve made some decent headway on JV process by now.

Gordon, I’m not working as an accountant. I did however cover Corporate Finance in my Master studies, for which I graduated this summer.

NPV is a key tool as Conger says to help with evaluations, hence why I have been keen to see it more defined than simply “in the hundreds of millions”.

Agree conger, perhaps we can offer our services - lol.
nice to finally see a defined NPV.

It’s out isn’t it? Preview on asx

Additional wells?

I was thinking that too. Also total number for October was listed as 893, so to get to 3,000 across both months would indicate November would be a fair bit higher. Not so clear though I agree, a table could have been helpful perhaps. Either way, sounds pretty promising. Looks we’re on our way to become profitable, might have a wee scotch on that thought.

Agree Gordon, take that no question. Quick sum using rates from Roland, it’s not so far from $200k/mth, assuming no down-time.

Agree Gordon, take that no question. Quick sum using rates from Roland, it’s not so far from $200/mth, assuming no down-time.

A good couple of decades since I saw them live in Oslo Gordon. Can’t believe they’re back touring.

I’m more along lines of…
https://youtu.be/ErvgV4P6Fzc

Yes, that’s what I referred to. Seeing they’re now about to close on the procurement they should know more accurately one would like to think.