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Reported and I hope AB sues.

https://www.rigzone.com/news/oil_gas/a/138987/northcote_partners_ceb_for_oil_and_gas_opportunities_in_indonesia/?all=hg2

I was told production has started Thursday but from that video it looks like a test run of part of the system. Not clear that it resulted in oil output. I am hoping Tuesday we go live.

Perhaps you need to find another activity you understand better?

More good news. How long can the trolls tolerate it?

Might be an opportunity for a decent trade on this over a couple months. Tempted to make some money here as well as RRR to annoy the trolls.

Don't think it will be placees. Remember it was on NEX before and it has had people locked in from October last year unable to trade. Some will be taking the opportunity to get out. Agreed on the buying opportunity. It is all about one's time scale. On a six month view it should do well. News from Schlumberger will leak out and have an effect. Supposedly, on the first well, the drill time is 60 days and then 30 days for testing. I would expect Schlumberger to want to talk at some point in the next six months. DYOR

I don't think that the Block Energy stock has settled yet. Mine haven't turned up and the same with two others. Maybe the stock will turn up tomorrow. Can't trade unless there is stock.

AB intends to bring these deals on line but is also saying that he has excess cash. Can only mean that whatever deal he has got lined up doesn't need big cash up front. DYOR

https://www.vitez.info/filteri-su-instalirani-bit-ce-pusteni-u-funkciju-u-narednih-15-dana/

It seems the issue is optimising flue gases. They expect it be satisfactorily sorted by next week. There was an article in a Bosnian newspaper which stated 15 days from last week

You are beyond thick The 31/12 figure is well out of date. Presumably, Para's repayment doesn't count as cash and neither will the JMS dividend when it comes in? How much did you lose in RRR? Just to remind I have made money three times in RRR and am well in profit fourth time around: not quite as much as I thought I would be by now but profit nonetheless. Let's see what little nuggets (RNSs) Santa brings in the morning.

PS once AB has got all his paperwork approved by the NOMAD, I expect something on DRC.

Para Resources RNS out that they have repaid the RRR loan plus interest. End of the World, no mention of any royalty payments. Cash must be close to market capitalisation now. Next up Para Resources royalty payment and JMS dividend: yes the World really is ending. DYOR

Always worth re-reading them: Approximately, 1.3 million cubic feet of gas and 10-11 barrels of condensate per day is acheivable with POTENTIAL FOR FURTHER UPSIDE. Now what does that mean, potential for further upside? Do they mean that potentially that the Escondido Sand will yield more than they have indicated or does it mean that there are more intervals to have a go at? It would be good to get Eddie chatting about this on a podcast. Exactly what is the potential upside? If they are referring about potential, it also means that they regard the 1.3 mil cu ft per day and 10/11 barrels a day as pretty certain. DYOR

Yep, we went blue on IG a couple of minutes ago.

Another seven wells. I wonder where they get that from? Another 7 like Morris 1 will do just fine.

https://twitter.com/HermsTheWord/status/1003746530736648192?s=19

IG says we finished all square after all that. Topped on the drop earlier so now in profit on that if the IG price is correct. Not often I manage to do that.

Another 10 or so wells at 3bn cu feet each would go down very nicely. Not sure if they would need to or want to put the Roke down any new wells at Stockdale or if they would just rely on electric logging. Ideally, you would want to do both for increased accuracy but it would slow things down and perhaps increase costs unnecessarily. Once the rest of the FH wells are sorted and the gas is online at Stockdale we will have a proper business here. From what has been said, we shouldn't have too long to wait for both. DYOR