Member Info for gordon1237

Reggie. I agree. Namco don't bother.

Namco. There was no typo as far as I am aware.

Please explain.

Ssccss. Yes let's just call it a misunderstanding. I initially thought VF was talking about drilling the new wells to a greater depth, when he was talking about the depth of the workovers. When I referred, I thought in a positive way, to the thickness of the target zone, he thought I was saying they were only drilling to 50 to 90 m.

Find that incomprehensible but as that awful song says, let's just " Let it go ".

VF. My information is not wrong. Unless you are saying Roland is wrong. Everyone knows drill depths are thousands of metres. I doubt many care when it's one, two, three thousand or whatever.

Pretty sure you're the only one who didn't understand what the 50 to 90m was referring to.

As I mentioned, I thought it was a positive that Roland said the production zone was relatively thick. Let's leave it there.

Yes I did say that.

" Eocene reservoirs which are 50 to 90 metres in height."leve

Height not depth. Also I can't believe anyone wouldn't know drilling involves drilling to thousands of metres.

What on earth is partial about it? I only mentioned it because Roland said that 50 to 90m was quite a big zone to target. Seems like a positive to me.

For goodness sake VF. It was not a typo. Read the October presentation on the website. Cambay India Gas Field then Eocene Gas Reservoir Development. This is what it says.

" Eocene gas reservoirs 50-90m thick across

field as demonstrated by numerous (>30)

test wells".

Roland also mentioned it in his presentation.

So, whatever depth the top of the Eocene is in the drill, the bottom will be 50 to 90m below that. Atb.

Lol.

VF. It never occurred to me for one moment that anyone would think that 50-90 m referred to a drill depth. You could almost do that with shovels.

Lol. Can we stop talking about this now.

Surely you didn't think I was suggesting they were drilling to a depth of 90m ? If only. Lol.

VF. I have no idea what we are disagreeing about. I have said new wells are in the Eocene. The 50-90 m us the height of the target zone from top to bottom, not the depth of drill. Roland mentioned that in the interview. He actually said that was quite a big zone. Atb.

VF. Yes I am aware the workovers are in various zones other than the Eocene. Obviously all workover operations will be in whatever zones they are in.

Thr new wells are in the Eocene where they know exactly where the gas is.

VF. Ok but there is also no reason to think that they are going to be drilling deeper on the workouts. That would be expensive and the idea of the workovers is to cheaply get some increased revenue.This is what they say they were going to do in the 14th October rns.

" C-70 Perforate MBS formation

C-63 Wellbore cleanout; re-perforate; install artificial lift pump

C-64 Install artificial lift pump

C-73 Wellbore cleanout; install artificial lift pump

C-20 Install artificial lift pump

C-74 Wellbore cleanout; install artificial lift

No mention of drilling deeper thete.

Anyway let's hope we get that revenue increase to tide us over until the new wells come om stream.

Fair enough VF. We seem to have been at cross purposes. I based my remarks on this comment of yours.

" There is so much research to look at , so much gas in the ground . previous drills only drilled a very small depth. We are going deep."

That did sound like you were talking about new wells.

Oops. Left out a vital word.

" There is no question of looking for gas in different locations or different depths."

VF. Roland has said repeatedly that this is a development project not an exploration project. There is question of looking for gas in different locations or different depths. He says in the Investor Meet the new wells will be targeting the Eocene reservoirs which are 50 to 90 metres in height. It has been previously been stated that the first new wells will be drilled from the existing c77h footprint which will obviously be cheaper than starting from scratch.

I don't understand why you think I am being negative by pointing out that they dont need to look for the gas in different places or depths. No need to overcomplicate the issue.

VF. Not sure where you get the idea they are going deeper. They are targeting the same Eocene zone where C-73 and C77 were drilled.

GW. These young birds would need to have very poor eyesight.Lol.

Reminds me of an old joke.

A nun in a convent is having a shower. There's a knock on the door. A male voice says. " Is it ok to come in?" She says, " I'm in the shower. Who is it?" He replies, "Blind man".

" Oh. Ok, come in". He enters.

" Nice t*ts. Now where do you want these blinds".

GW. As a friend of mine used to say. " You're such a wit". Pause for effect . " Well you're half way there". Lol.

Why would they be churned for zero profit ?