Member Info for gordon1237

VF. Like I said, I really hope you are right and it all comes together, if not tomorrow, then soon.

Really hope you are right VF.

0.109 to buy

0.1042 to sell.

Spread just under 5%.

In one way it's not surprising that there are no stable flow rates, It's only about a week since most of the fluid was removed. The pre lift rate took nearly 3 weeks.

The thing is when the meeting was announced nearly 4 weeks ago, we all assumed that meant big news by now. A mistake it would seem . The question remains, why the hell didn't they make it a few weeks later ?

What we need is a bit of " Fergy time ".

VF. Nothing else can happen without a successful jv. Still hopeful that will happen. Gla.

Wouldn't listen

Asimpleinvesor. Yes, that is all correct but surely if they'd explained how it would spoil the comparison the DGH would have agreed ? Maybe they did and they would listen. We'll never know.

Agree totally. If the DGH wanted a before and after comparison they should have explained that it would be far more valid to just compare the two zones fracked with the new methodology, before and after artificial lift.

That reply was July 13th.

SS. I said at the time, that reconnecting the old zones would only confuse the matter as they tell us nothing about what the new wells will produce.

One of my questions relates to that.

Don't think they were given a lot of choice about it by the DGH. When I asked, Briana said

" Since this is the first time artificial lift has been deployed to the Eocene gas wells in India, DGH are taking a special interest. They wish to have a direct comparison of gas and condensate production without artificial lift and with the jet pump installed. Presumably they will use the data for other Indian operators that have Eocene prospects. The Cambay gas resources are viewed by DGH as having significant strategic importance for India to reduce its reliance on imported LNG. As you said, we want to keep the DGH on side as we currently have a good relationship with them and do not wish to jeopardise this. Their request is not compulsory but it behoves us to comply and it wont result in material extra costs. "

More disappointment than panic, I would say. I suppose we should be used to it by now.

Seriously? You think that if we definitely knew an rns would drop before the meeting, it would have no effect on the sp?

Hmmm. Thinking about it, I suppose that a full update at the meeting doesn't preclude an rns beforehand. Trying to be optimistic. Lol.

And probably little of substance at the meeting.

“ Whilst the Company may not be in a position to answer every question it receives, it will address the most prominent within the confines of information already disclosed to the market."

Which means no rns beforehand.

She will simply say what she said on Friday.

" If we have an update prior to the IMC, we will release an RNS."

Think about. She can't say anything market sensitive.

If she says there will definitely be an update before the meeting, it's market sensitive.

If she says there won't be an update, it's market sensitive.

I would say there's zero chance of Briana giving anything away at this stage.

When the presentation was announced almost 4 weeks ago, the almost unanimous view was that there would be major news beforehand. Surely, Roland must have realised that would be the expectation ?

Oh dear. C'mon Roland, feed us some crumbs.