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Hi corpse, the generally accepted calculation is 6000cf = 1 Boe
I think some of the quotes have become muddled the original well was forecast to produce at between 40/50 mmcf what’s more if it transpires that Cascadura has a tcf it’ll take 27 years to get it at an ‘average’ of 100 million cubic feet a day.

Interesting, I never realised LNG was so expensive.

DRAK CLOUD ON THE HORIZON!!!
Yep, it’s a swarm of butterflies, or is that a kaleidoscope?

Surprisingly no one has mentioned this.
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Answer, The whole world.

Mm look very short of shares.

David, according to Seeking Alpha the resources targeted in all three strata range from 140m boe - 230m boe but the deepest section would require further appraisal to prove. As they’ve been taking to TXP it’s implied that it’s their view.

Why Explore an ‘explored’ basin?
? It is only ‘as explored’ based on when it was explored - the models were only as good as the data and mapping techniques available at the time.
? In areas with overprinting of multiple phases of deformation it is quite easy to ‘miss’ or mis-understand depositional fairways, trap geometry and sealing capacity.
? A determined, highly optimistic but pragmatic team is required to push ahead despite the surrounding failures
? Good things come to those that keep trying...new things..

Xavier Moonan

There doesn’t seem much gas either side of us and these are mature licences, the real anomaly is shell to the south since 2003 in the same play, the original drillers of Royston.? However this is unraveling apace even for us the sub thrust sheet was not a target for Casa 1 we’ve touched in at Chinock and Royston delayed for a bigger rig for extra 2500ft to 12500 ( some of those older shell exe,s chins must still be on the floor).
Corpse flippantly remarked at 3TCF recently a couple of months ago I would have laughed at him but with Seeking Alpha suggesting Cascadura could yield up to 1.4TCF add Chinook and Royston and could be there by June next year especially with appraisal drills. As I’ve posted on this board in the past every TCF of gas is worth £3 per share, it would trade at a substantial discount to this but if someone wanted my shares...

110 now, not large volume suffice to say the mm don’t have any shares. Looking at the orders it may hold on to much of the gain.

Liked that Corpse still smiling half an hour later.

I didn’t my last top up was a 1.08 lol.
But I’m right there with you Corpse never thought I’d be comfortable with £1 million holding but I am here what’s more good results from Chinook testing and the current drill and we’ll be there.

I hope you’re right Kiwi. whoever it was counting put me down for 200k it was just a side bet for me @5p as there seemed little interest but I’m unlikely to sell or top slice with this amount I’ll just see how it plays out.

Interesting it would be, but I’m not sure we’ll see too many, if more than one I took 3% + out of this market it would have finished above 14p given the volume over the last three days, however should it occur it may be a bigger catalyst for an advancement of the sp than another RNS.

Kathleen Schmainda* 9,108,400 6.24%
Kathleen's spouse is Michael Schmainda, a director of IQ-AI
West Coast Capital Investments 7,559,934 5.18%
Free float without LTH could be as low as 85m.

Frenzy? Let’s move on. AI metrics may developed the core software but obviously needed ‘our’ help to integrate it hence the JV. Unfortunately for AI Metrics I’m sure the deal is more favourable toIB.

LTH here should note the change of target for Cascadura Deep. The original TD was 8150 ft now we plan to drill 10500ft ref the new 3D graphics in the new presentation to see why.

Welcome to the board MT who’s doing the shipping forecast?

Cascadoo

Just considering the connectivity between Chinock and C/Deep another reason for the delay in testing may be that they would have to have pressure sensors in one whilst they tested the other( to be sure) and the last sensors were damaged by their extended stay in Cascadura. Given PB understated nature he probably wouldn’t want to give this as a reason.

I’d hope he would borrow with Coho being close.