Member Info for Foresight22

..after 1.2 million BOPD sales!, production Pre-FOIL flaring more. Would be very strange if FOIL not agreed commercially without stable rates. Lawyers are not like that!

Well Well,

..we will see very soon who is talking 'spoons' or 'forks'. OGA will be onto HUR... send them an email.

So post RNS, production targets on track, LC (as tracked very successfully here) on track => ~5300 BOPD DST, WC still being paid by Spirit (still no news from moneypenny). Flare watch on track... why are the 'spoons' so

..does not matter, OGA would still publish early September if FOIL was 22nd June. Based on three 'months' in arrears. No HUR is dropdown listing, yet... OGA will be onto this! Pre-FOIL data should be published as based on production, not sales.

7Z can easily flow >10,000 bopd!

...shutting down both wells will not help allocation of water cut! (= shutdown)

G15,

..so you seem to be supporting both wells have a water cut? AM has sufficient storage to shut one well in for 1-2 days and still flow at average 14,000 bopd - enabling full allocation by ‘test’. Just shouting louder will not add clarity.

G15,

..CMD video.

johnp,

..that would be enlightening. Still waiting for you to tell us all why SP is at current level today, good news? Wait till the sky is enlightened by LC - will not be just northern lights.

..production allocation is key for reservoir management, OGA will be on to HUR like a ton of bricks if HUR allocation poor.

..shut-in don’t cost any monies - not with Lancaster PIs - the uptime factor can be made up as per CMD presentation - do watch the video.

OGA emailed me that HUR data would be published on time.

BiffaDog,

All good points but then does not make sense. To allocated perched water production, just shut the best well in and measure WC, or just shut-in water cut well and measure no water. Under your scenario the best well must have a water cut toooo, if that were true HUR must have issued RNS as would be material change to CMD. HUR has a lot to still RNS to clarify this..

TheCashFerret,

Very good points, aggregate 7.5% makes sense if best well down! due to flowline issue.. we are all very much in the dark hear - good point on still more clarity by HUR needed, still toooo much M&M. Looking forward to tomorrow evening very much.. unless ADVFN has clap too.

..according to other BB - flare on Tuesday.. so all bad news today! Spirit sale looks not helping either..

johnp,

..how do you ‘interpret’ the current SP? ..enlighten us all.

...this RNS like ‘political’ dumping poor news before the good news. LC flare will ignite SP so dump news on no PW kit , only one pipeline, 7.5% aggregate perched water, Dr Rocks in bad mood, etc, etc. Have to wait for tomorrow’s flare..

..spoons not helping, aggregate water cut 7.5% in this RNS. Not sure why difference from poor CMD material... that’s material change yet only get RNS today??? HE sound like they have had poor Summer. Good performance from LC will keep them on track for 100 MMBO Reserves once OGA approve, at minimal new expenditure too.

‘Produced water system commissioning activities‘

Well well, glad that has been confirmed, AM started without PW system not commissioned! Poor info there on this BB by the ‘spoons’ - clap?

Bit surprised that LC only drilled 720m horizontal, hope they are not over confident again, need wells to be more productive than on Lancaster if want to keep well count down..

Dr Rocks not very inspiring too. One sentence only? Still no comment from moneypenny?

Our boat watching has been accurate! Well done Mr Rotterdam and to Aberdeen cams! SP back to 58p soon when LC flows confirmed as good as Lancaster!

Need to analyse prod on OGA website..

GS may have ‘muddy’ load, picked up before it’s night off Aberdeen Beach.. Completion Brine + Lemon Juice? ...everything could be starting to happen.

back to around 58p. Should be 122p once 100 million BO reserves on production next year with three producers.