Member Info for gordon1237

Initial market reaction, down a bit.

Jet pump is actually cheaper. They said that in the previous rns.

Fair point VF. It does obviously have a high chance of success. Still think no one will sign until it's up and running.

Obviously, this will help farm out negotiations. Wouldn't think anyone will sign until the solution is proven.

Take your point Zag. However, useful though Dicko's exchange was, it mostly reiterated what we already knew.

Not sure how the market will react to this. Great they have at last decided on a solution. More delays, not so great.

Not really Zag. The rns subject wasn't covered in Dicko's email q snd a.

Lo and behold, the answer to my last question arrives in an rns. Lol.

Yes, well done Dicko. As Espen says, nice to have things confirmed. Did think it was odd that the Moyes site talked about 6 wells, in contradiction to what was stated in the presentation. Even odder that they haven't got it corrected. Probably irrelevant now as potential jv's will know the true picture.
Can't agree with your conclusion that 77,78 and 79 will produce 12 mmscfd to enable connection to the high pressure grid. 77h can't produce 4 mmscfd from 2 fracked zones in a depleted well. No doubt the high pressure connection will happen, but a little further into the program.
Interesting he says there shouldn't be a delay after the first two wells as you would think it would take a while for sales to produce enough to finance the next wells. However there must be a plan as the production graph from the 10 wells in the presentation shoes a smooth continuous increase. Didn't know what 60% IRR meant.
Did you ask him about when we are likely to get jv news or progress on the condensate problem?
Thanks again. Atb.

Even on Twitter, wouldn't it be fraud pretending to be someone else?

Good luck sausage.
I don't understand this concept of selling a Twitter account. How is that possible? And why would anyone want to buy it?

Sausage. Perhaps the person who's idea it was, should do it. Lol.

Yes Infor. What's beyond me is why they even need an algorithm. Why on earth is it not possible for buy or sell to be attached to the transaction at thr time when it happens? On one level it doesn't really matter as sells and buys are always equal in the longer term.

Given that just the possibility of a jv announcement took it to over 0.2p, I think it might be slightly quicker than that.

Yes Elegance. Things may have changed since 13th December when they said that two initial wells were planned as part of the proposed first 10 wells, wells, whichi turn would be part of the full field development. Perhaps those he spoke to, wanted to break it down into smaller chunks. As you say, we should know soon.
From memory, Roland sold Star energy for a few hundred million usd. Atb.

Yes. Great find. Couldn't understand why they didn't tell us who was handling the farm out in the first place. Surprised it says 6 wells rather than the 10 on which the NPV is based.

Ah. See it now.

Where does it say any of this? All I can see is a map of Africa

Hi Callum. Yes, now you mention it, I remember you saying that. Atb.

Interesting Espen. However, I suspect that
when/if it all comes to fruition you will be the only current poster who is still here. I know you are here for the long haul. Atb.