Firering Strategic Minerals: From explorer to producer. Watch the video here.
Yes yes very good, but what makes it a signal for hydrocarbons?
Could someone please explain what the "Wet Gas Shows" indicate? What casuses them? What are they made of ? Thank you!
JAdam, could this be calling in the stimulation equipment ? or was that covered in the expected costs? I think they would have released news by now if they were drilling another well at Heron! Nice thought though!
"In light of the additional and ongoing expenditure on well testing at Heron-1, the Company is postponing its plans to return to drill in Block V during 2019."
What could this additional expenditure be? Is this a good thing or a bad thing?
Excuse my naivety, but would Mike look to sell the entire Heron area to PetroChina to fund further exploration rather than just farming out 50% as previously mentioned on here this morning by others? Thanks
Ok MisterPositive, so even if they have success in testing, they will continue to test to get better test results by checking different choke sizes?
Do they not have to report results as soon as they have any form of success?
Thanks
People earlier were saying that no news is good news on the testing front. However, surely good test results would be very easy and quick to confirm and bad results would lead to retesting and further stimulation meaning that it would be a longer testing period prior to an announcement. Obviously i am hoping for good results! But when do people on hear thing good results could be released? Will MB use the whole month for testing or will he announce as soon as there is good news as surely they have a lot of testing data by now?
So are we still on track for partner entry in Q4 19?
CB, can you please share the link to the presentation. Thanks
How long would it take to test Heron if everything went to plan and it was the dream well? a week? 2 weeks? do they do the analysis onsite or do they have to send samples away? etc... those sorts of questions. thanks
Can't sell 19,000 shares on H&L at the moment....
Given that the test rig contractor said they could start testing earlier I would expect to see an RNS at some point confirming that the testing Rig is onsite. Can anyone give details on what they actually do for testing? Technical details would be nice. @macd_91?
Its trying hard to break through the 5p barrier here! any traders know where the next resistance level is if it breaks through?
MisterPositive, Can you clarify what you mean by Heron 1,2,3 as I thought there was only Heron 1!
Does 2 and 3 refer to Red Deer and Gazelle? Or is it further drilling at the Heron 1 site?
Thanks in advance
should be down way more than this given the amount sold v bought, why are they keeping it inflated?
Im really hoping nothing major happens before this Friday as thats payday for me due to the bank holiday in UK. Already sitting on a decent position averaged at 5.8p. But very keen to top up on Friday! Anyone else planning the same?
Can someone please explain to me the logic behind people on here getting hyped up for an RNS re oil strike on Monday? Surely we are 2 weeks off that happening? Thanks
Hi, can someone please explain to me when the market will reopen for RedT Energy? and why has it been suspended? Usually when there is a takeover in the works the share price jumps up but the market is still open?
Asking for a mate....
Thanks
Stay calm everyone, this is just momentum building for the Spud news that we were told would be before the end of July.... aka tomorrow. This is nothing that everyone on here was not aware of. RNS will land tomorrow for sure, and hopefully there will be an update included as to how the Heron drilling is progressing.
I hope they wait till Monday before the spud RNS is released. Never been a fan of Friday news.