Member Info for gordon1237

Lol.

There you go Zag. A winning (odds on) favourite. Your fiver is now £8.33. Lol.

3.30 at Brighton. 10 minutes to get on.

Alright, the 3.35 at Haydock then. Lol.

Zag. Might be safer to put the fiver on the favourite in the 3.30 at Ascot. Lol.

Even the real spread is very large today. Dummy trades.

0.1353 to buy

0.1166 to sell

So that's a spread of 15%. Unusual.

Sausage. You don't seriously expect us to believe you can resist the urge to post for 3 weeks?

😊

Spot on sausage.

DP. Yes I do. In fact I think a month is optimistic. We know all the plumbing etc for the pump wont be up and running until at least 17th July. Presumably they will need to run it for let's say a week to get a stabilised flow rate. So we are getting towards the last week in July. Atb.

DP. This is quite busy compared to a year or two after I first invested in 2015. It would sometimes go weeks without a post. Guess we are all resigned to nothing much happening for a month or so. Gla.

Nice one. Lol.

Feel like there may be a dump incoming. Damn those baked beans. See what I did there? Lol.

To be fair, when they have given actual dates, rather than vague statements like, in the next 90 days, they have usually stuck to them. For example when they gave the refrac schedule.

However, you are right, we should hold them to these dates. It will be a disgrace, if having given themselves an extra 40 days on top of the original 90, they don't bring it in on time.

Interesting Espen. That output of 475,000 cu. m per day equates to about 15 mmscfd. Syn's 10 well model peaks at 25 mmscfd.

Some companies do 'ave 'em. Lol.

Agreed sausage. Clueless in knowing how long anything is going to take. They must have had a good idea when the pump would arrive and should have timed everything else around that. Presumably when they said up and running in 90 days that was based on a firm delivery date for the pump. Pity they wasted 4 or 5 months by waiting until after the refrac before doing any research on what would be the best type of pump.

Eagle. That is completely wrong. One of the reasons for using the jet pump is that it has no elastomers and is unaffected by the aromatic content.

" The jet pump solution has the advantage of being immune to elastomer degradation caused by the high aromatic content of the Cambay Eocene condensate, as jet pumps contain no elastomers."

Given that the flow rate was much higher, around 0.5 mmscfd, before the fluid built up, you'd hope it would get back to somewhere close. It's ages since they released any flow rates or oil sales.

Wonder what the likelihood of the new wells being drilled this year is now?

Thanks wwal. I was also wrong saying it hadn't been in an rns. However, as Ssccss said the wording does still give them wriggle room.

I agree that there is still a fairly high probability that it will eventually come good. Unfortunately, the timetable just constantly recedes into the future. They seem utterly clueless at getting anything done on time or even knowing how long anything is going to take. I remember getting stick on here in mid 2021 for saying new wells were unlikely to be drilled until 2022. Yes, that's 2022, not early 2023 or now late 2023 if we are lucky.

I mean if someone had said in April 2021 that it would be at least 2 and a half years before any new wells are drilled, even I would have said ridiculous.

Anyway, at least this time they have given pretty definite dates which hopefully they can stick to.