Member Info for gordon1237

Lol.

Just had a nice cup of tea and a wedge of carrot cake.

Thanks Yuri. Apologies again if I falsely accused you. What seemed to clinch it was when I reported it, I didn't name names and they then removed your posts. Easiest option I guess. As for the abuse, must try harder. Atb.

Fair enough. I did say the idiot impersonator, so that applies to whoever.

Yuri. If it wasn't you, I apologise. Must just be a coincidence that yours were the first posts after the offending one, same as last time. Gla.

Nice to see it holding at this level. Hopefully, seen the bottom this time round. Gla.

Don't want to name names again on here Aiming. Last time he used gordon1236, this time it was gordon. 1237. Think of a four letter name with a u in it. Gla.

offending posts by the idiot impersonator have been removed. With any luck he's b*******d off back to twitter for good.

Hi Sos and TWB. Yes you are both right, in that, that was how it turned out, and we waited a ridiculous 10 months for GOI approval. My point was that at the time the company gave the impression thay everything was going to happen quickly. People were just as optimistic then as now, with talk of 1p within weeks. Anyway, all irrelevant now and at the risk of sounding like a broken record, I'll repeat, it's only good refrac results that will hibe us the sort of sp we're hoping for. Gla.

Hi Sos. The point I was making was that some were saying that the churn finishing alone will give a big rise. On the basis of what happened before, I doubt that but sincerely hope to be proved wrong. BTW the situation isn't really that different to last April. Ok we didnt have the approvals or production restart but everyone was confident that we would have all that in a month or two.
I dont think they have any near term plans to start more than the two wells. Don't think they need to, as the idea is to refrac 77h and demonstrate the methodology to potential jv's.
All looking good. Gla.

Hi Cynder. Dont see any real risks in the next few weeks. If the flow rates when they restart are a bit rubbish, it might cause a drop, but it probably won't matter that much. The time to get excited will be when the refrac results are expected, hopefully this quarter or early next. Gka

I really hope you are right that we get a rise after the churn is done. However, that didn't happen, after the ptevious placing last year, which was slightly smaller. Maybe, that was done over a longer period. No way of knowing. Let's hope its different this time. Gla.

Very true guod. 77h was the last real action on the ground. That was drilled in mid 2014 and originally had reasonable flow rates of about
1 mmscfd. Unfortunately by early 2016 that had dwindled to less than 10% of that. It was slso the reason for the falling out with gspc, having cost a ridiculous 30 million usd.
Hopefully, when it restarts the pressure build up will increase the flow rates again, but to really make any progress they need that successful refrac. Gla.

Agreed it is meaningless when it only hops up and down a small amount on tiny volume. However, it can give a good indication when the volume jumps. It was massive volume in February last year thst caused a suspension and made them announce they were trying to buy the rest of Cambay. Then in April when the deal was sealed it went up 200% on 300 million traded.

True but tiny volume and 0.45 cents is about 0.24p,still above us.

Yes ivans that would be very positive. Unfortunately, its not true, we covered this earlier.
Before, anyone crys deramper, it's from the horses mouth.
This from the annual report 22nd September 2021
" An additional payment of US$0.543 million has been paid by GSPC to Oilex on 4 September 2021 as settlement for all remaining unpaid cash calls."
Atb. Gla.

Is that your lucky number AH? Lol.

Of course you are free to post what you want, as am I. Been here for 7 years, how about you? I guess you are working in tandem with the other guy.
There's always room for disagreement on these boards but not abuse. Have a nice evening. Atb.

Ramp of the year so far Eye guy. Well done.

This from the annual report 22nd September 2021
" An additional payment of US$0.543 million has been paid by GSPC to Oilex on 4 September 2021 as settlement for all remaining unpaid cash calls."