Member Info for Ezhik

Me too. Bought some stock the other day--decided at the time we must be near to the bottom and now 10% cheaper.

Drill string 'snapped' and was subsequently stuck in the hole during coring operations. The coring ops were started after the Lower Souris and Red River sections were perforated and flow tested. These zones produced at around 1100mcf/gas per day. Once this was established they re entered to well to explore and core a further few metres (cant recall the exact amount) but this was for core sampling for Hydrogen analysis. The damage was caused during this operation. As I mentioned before, breakage was either due to too much torque which could arise from a few variables or if the driller realised the thing was stuck and then attempted to jar it out by yanking the string upwards and simply snapping the string. If it was due to torque, the chances are there is a bigger mess down there as opposed to a clean break dur to driller's failed efforts. In any case, [oint is, apart from the vitriol, I agree with P1234 tht the event was during a 'drilling operation' where the drill string is turning --albeit coring. (Drill bit with a hole up the middle. )

Awax. If something is standing still and it accelerates to 10times its current speed, it's still standing still. That's what it means.

Surprised to see you still here. I thought I would look in after the rns to see what's what. Cant believe they are still on with 803. Anyhow- looks like some action this year, hope it brings success to y'all.

Thought that pfizer was buying this lot out!.😉

Needs to be 10-12p

Said it before, price got way ahead of itself on the fear of world supply disruption, all thats happening is the mcap is readjusting to real value - and even that is also something of guesswork and the assumption that the plant has managed to fill more than 1 trailer and sales are continuing at the rate of approximate £7-10m a year.

Fishing can go on for weeks - there must come a cut-off but now that the rig isnt on a customer day rate they can perhaps afford to fiddle about with it for a bit longer. Fishing is a bit like those amusement arcades where you almost, nearly, but not quite managed to pick up that prize with the little remote controlled grab/crane and then the prize just slips out of the jaws and you say --- nearly got it, must have another go. -- Whether they can screw into the string or latch onto it, is somewhat dependant upon how the break finished, if it was an almost straight across snap then its easier than if the pipe twisted into a spiral shape. if they cant just screw into it, they could go for a milling tool to mill the top and try to get into a better shape to attach whatever retrieval tools they are using -- all takes time, can be month or two if the value of the well outweighs the costs of fishing. It is annoying that we haven't been told via twatter though, "fishing ongoing, not perforated yet, well integrity still in good shape".

HEX will still be paying them for drilling, it is being operated as a wholly owned entity but will have operational costs and wages. Overall the cost should be less than a contracted day rate but it entirely depends on the pay structure that has been agreed for the drill crew. If only paid when drilling is one thing, paid as full time employees is another, so if its only when drilling, they will have to be paid the going rate otherwise they will go elsewhere. To make the acquisition viable, they need to keep the thing working and drill baby drill.

POG down almost 2% at the moment affecting all boats in some way or another

Must be under starters orders, just need to get everyone lined up at the gate.

Nahhh. conspiracy theories aside, no updates on INEZ for what should be material information points towards either no success P&A or no success yet carry on fishing. BS would not be shy in hollering that another well was online if that were the case - or maybe they just changed their mind and the rig sailed off to well 5.

Can't say I fully agree with BS comments about drilling costs. It will perhaps save some money but there are wages, fuel, maintenance, insurance, drill bits, mud and all that to pay for, so Hex might just be saving the difference between operational costs and contract day rates. but at the same time take on the liability of the rig. Seems to me the $600k is more like a payment for exclusivity and having a rig on standby as and when, which can save a lot of time - providing they haven't contracted it out. Bought some today, might go up, might go down - anyone's guess at the moment.

City boys? you do have to laugh indeed. city boys have had a chance to buy all the way up from 2p, same as everyone else.

And realistically, people will have to pay privately for them, yes there will be a market and potentially a good one but its not like they are approved by NICE for NHS prescription, not yet. If they are super effective then word will spread and sales will grow. Thankfully there are more strings to the bow on this one.

Ahh, that is the trigger then. Couldn't see why at 12.00 the thing flipped. Took mine out on Friday, was happy with 101% but keeping an eye on events. In theory could really be multiples of where it is today.

If they manage to get the construction permission, (bearing in mind others have tried and filed to get this off the ground), the best thing would be to just sell it and return a profit. just need 50 bags to get my cash back.

Ditto. Morning Mr K. hope you are doing well.

Sobering news from Ras Laffan. We are in the process of starting up an LNG storage and regassification project here in S.E. of UK after 5 years construction, pre-comm and now comm, we have been cooling down the cryo pipework, cooling the tank at the weekend and now introducing liquid gas. It is all at a critical stage and not without its risks and difficulties. The new tank was built for the customer, Qatari gas. Goes to show how the world and everyone in it are connected in so many ways.

Results at HAMA today are better looking, not in there myself, just sayin. Agree with ART

I thought I'd sold Mac last week but realised today that I hadn't put the deal through so they are up 1 bag, was up 70% last week!. Losing the blyat plot.

Agree, pinky and perky over there

Simone Marchesini. Good name. Wonder if she makes wheels.

Whether the 'Uranium' prospect turns into a reality should be known this year-maybe, possibly. Get the EIA in before the August general shutdowns and be near the top of the pile in September.