Member Info for Findme

Much obliged folks, will do as suggested.

Hi I am new to this site and I have been trying to find out from the PRD website the current operation strategy in the three locations where PRD are operating.
It seems that the latest information available is from 2019 so I was hoping some poster on here can let me know of current production rates of recovery and estimated production rates for the future. Thanks

Tuckman, you can bet there will always be enough money to pay the BOD their inflated salaries. I wonder how many of them will take up the offer themselves, will we see some eye boggling directors deals and I don't mean selling.

Bully as per the words of Mark Twain " No matter how much evidence to supply you will never convince idiots"

Would I be correct in assuming that the oil we produce at the moment is about enough to pay the top five BOD's their salaries and expenses and maybe the salaries of the lower echelon?

He blew it at the last fence.

I have drawn this one in the National sweep. hmmm??

You are quite right GG. Bpc can only grow through the ongoing work that is happening now and hopefully in the future with the hope that increased production leads to an increase in the SP.

I would hope to see a massive purchase of shares by the BOD before they go anywhere else with the begging bowl

only6, I don't think the 13m will cover the BOD salaries and office running costs for one year will it. Put Star and Bonum on filter like I have because like the words from Desiderata "they are a vexation to the spirit"

They either had a twist off or were stuck and had to blow the the BHA off the pipe then could not recover the "fish". If they tried to recover it then fishing using overshots and other tools is expensive. We do not know who would be responsible foer the loss of what would have been a very expensive BHA but it sounds like BPC.

Final Perseverance #1 drilling cost expected to be approx. $45 million compared to pre-drill estimate of approx. $35 million ; additional costs of approx. $10 million incurred as a result of heightened Covid-19 procedures (approx. $3 million ) and side-tracking operations related to mechanical debris in the well (approx. $7 million )

And this is a highlight, God knows what a lowlight would look like.

Got the small step for man, now awaiting the giant leap for LTH's

Do you think spud in will happen before the end of March?

Willec are you referring to the drilling supposed to be happening in the 1st quarter, Saffron appraisal well springs to mind??

Willec are you referring to the drilling supposed to be happening in the 1st quarter, Saffron Appraisal well springs to mind??

Is anyone involved with Bitcoin UP.
I saw a presentation by Peter Jones where he had been on the morning show with Phillip Schofield showing them how to make money investing in Bitcoin UP. It went on to show him with the arch scammer Richard Branson and a few more items mentioned did not seem to gell very well, anyone else seen it. If what was said is true all the population should be millionaires now with an initial investment of £250.

Harry, SP once told me that he does not read BB's but his wife does and gets quite upset. Believe it or not!

Keith1, I am a practical person and like many on here held on and hoped for the best using my own judgement My expectations were unfulfilled but I took the risk and therefore accept the results and I also accept the way forward is with the ex CERP assets which I voted against.
The type of geology we drilled through according to the RNS wording was proved many many years ago. If the testing results come out as expected re. the words in the RNS then please explain to me the way forward.
Don't pin any medals on the BOD yet as they have lived very well out of BPC and if a SP of .45p, which is where we are today is an achievement then I am dumbfounded at your statement,
My postings are not negative they are reality and your failure to see this puts you among the crowd cheering at the Kings wonderful clothes.
I accept where we are today and hope our future is in a better place but I take exception at people like you who think we have already arrived there.

....now lets move on and hope the BOD can earn their super star wages.

Tiburn, If you are checking something out you go to where you think the best prospects are then when you have hit pay dirt you check out the boundaries using the money from your find. NOT THE OTHER WAY AROUND, OUR BOD HAVE PROVED NOTHING EXCEPT FAILURE HERE.