Member Info for gordon1237

Yes. Rig in position. Great stuff. Gla.

Intriguing indeed Espen. Didn't realise C19z was historically that high. It does say in the investor presentation that it "tested" (whatever that mesnd) at 200 bopd. To get anywhere near that would be fantastic.

A bit odd that they haven't released any oil or gas production figures since the Tweet in early December when they said C-19z, C-20, C-63 and C-72 together were producing about 50 bopd.

Guod not Gordon.

Hmm. No sh*t.

Yes it is a shame. I'd far rather it went up a bit each week, to give a better springboard for when good news does arrive.

So after all that, we finish about 7% down on the week. Gla.

Yes, I would imagine they will release the first baseline results when they have them, maybe in the next 10 days ir so. It's the second hopefully much improved set, that I am not expecting until about the 7th August onwards.

My guesstimate for the release of improved flow rate data, if all goes well is perhaps during the week starting Monday 7th August. Here's hoping. Gla.

Sausage. Lol.

11th July.

"Perhaps you would like them to RNS whats in their sandwiches to ?" That was in response to your post.

" We will find out tomorrow if they RNS that things have arrived on site".

Today. 14th July.

" Keep the Tweets from site coming Roland".

Lol.

Hi Jack. Since they are using the pump to clean up C-19z to improve oil production, they may possibly apply it to the other oil wells currently producing small amount, that is C-20, C-63 and C-72. Possibly gas production from c73 could also be improved, although you'd think they would have mentioned it, if it was possible. All of this may help to bring in a little income and reduce cash burn, while they wait for the new wells to start production next year. However, this income will be insignificant compared to what they hope will be produced from the new wells. Roland has said that production will be much greater from these wells, drilled in virgin rock, compared to the partially depleted c77h. The NPV for 10 wells is $725 million and they hope eventually to drill up to 30 wells.

I would be interested to see Roland's reaction if you suggest they could become agents for the sale and lease of jet pumps!

I an flattered that you think my posts, or anybody else's for that matter, might increase the share price, but the truth is, the only thing that will give us the big increase we are looking for, is good flow rates and a great jv deal. Good luck all.

True Conger. I did say anything*s possible on the day. So much depends on how the jv sees things and the offer they make.

A liitle awry om this site. It is still appears to be up 0.0075 not down 0.0025.

That's true Callum. There are however now twice as many shares. Then again, if the news is good enough, who knows? Gla.

Impossible to say Boris, until we see the terms of the deal, but I wouldn't rule out a spike to that sort of level on the day.

There may be some minor increases as the works proceed. I don't think there will be any significant change until the improved flow rate is announced, followed hopefully, shortly thereafter by the big one the jv announcement. Probably, well into August for that.

Boris. The rns said tomorrow.

Just Tweeted a photo of the workover rig being installed. Good news.

Yes Sausage, I am sure that is the main reason Briana agreed about keeping them on side. Hopefully, it will mean they approve the jv quickly this time instead of the ridiculous 9 months it took to get gspc's transfer if their share approved last time.

" 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."

That makes it obvious that they have only very reluctantly gone along with this to keep the DGH sweet.

They have only reluctantly gone along with the " request.