Member Info for gordon1237

C63 and C70.

Finally a proper update.

Good news and bad.

Excellent news that most spending on Medway has been paused.

Excellent new that the first new vertical well is still schedule for Q2.

Not good news on C63.

Uptick today ?

On the 8 mmscfd

Hi Sprint. Just listened to the StockBox interview again. Slight misremembering om my part. On 15th January Roland said they were currently getting $8 per MCF from the local grid. Presumably a price specific to that locality.

He also backtracked on the 88 mmscfd by end of year and said about 4 to 6 mmscfd. I emailed about the disparity a couple of times and was ignored.

Sprint. Whatever the usual way of costing it, Roland has said they are getting $9 per MCF

(thousand cu ft ).

Sorry for the misunderstanding Espen. The Selan sp is not something I look at. I know they have been doing well for some time. Not rubbing off on Syn unfortunately.

Sorry Espen, what strong finish ? About 400 quid in buys all day.

Even if not successful, we should have been told.

Wasn't expecting a flurry Sprint after he said in the interview there would be a hiatus until March.

However, why haven't we heard anything about C63 which was supposed to have been done in December ? Even if not successful

The very fact that Harbour dropped Medway whilst continuing with other schemes indicates that they regard that scheme, at least, not to be viable.

Only need s 400 % rise to get back to what it was when Roland joined.

Just think, some people actually swallowed that Twaddle from Panmure with a target of 0.93.

You couldn't make it up.

Crusty. You've now depressed me even more by saying you don't think it will get back to 0.08.

My average is around 0.105.

Or both. Lol.

Sorry meant Crusty not Wolfman.

Wolfman. Quite right, the only thing that will give a significant uplift is good results from the new wells which is months away. The hope for the workovers was they would provide enough income to prevent a further raise. That's why the apparent lack of progress is so frustrating.

Sprint. I don't seriously think anyone is suggesting Selan is going to breach any contract.

They still have a year (at least) to complete the work programme but that doesn't mean it's not frustrating when little seems to be happening at the moment and Syn have little income coming in.

To be fair, it was probably written into his contract, that after 3 months he would become a director.

VF. " Probably " and " I hope " sounds, unfortunately, like wishful thinking. Nothing wrong with being optimistic I guess.

Can't imagine how they could possibly expand, with very little cash and minimal income. Oh well, can always dream of some good news soon.

Well, he has been with the company for 3 months..