Member Info for hereandnow

Thanks Mike, please keep that data coming.

was on the road with Tullow in the USA last week....

1) Guyana Exploration Results, Upcoming Carapa Well & The Next Steps - Jethro is "HIGHLY COMMERCIAL" on a standalone basis, and TLW are considering development options, including a fast-track development option which would aim to achieve first oil in 3 years. Tullow are unlikely to enter a development with their current 60% WI & see a farm-down to ~40% as the right level moving forward. The upcoming Carapa-1 well is targeting a channel prospect which is part of the Liza feeder system. When asked on why the choice of the Carapa prospect, Mr McCoss said “we couldn’t not drill the feeder to Liza". However, Carapa is riskier than the Jethro & Joe wells, with Tullow guiding to a 15% CoS. The Carapa-1 well should spud this week & a result can be expected around end-November. Given the size of the prize in the Cretaceous, Tullow described Carapa as the "most important" well of its three 2019 wells.

Chris Fraser needs to the a good long hard look in the mirror.

are being paid £X per container. Whatever gets agreed, WSG will end up being paid , perhaps X -10% or X+10%. It'll get worked out in the end. Clearly this is a bit of a turf war. I doubt the government want to be held to ransom by the unions and `I suspect the government like the idea of getting all the revenues they are due!!

It's a Guyana interview. As there has been noise from opposition politicians to re negotiate to contract, perhaps it's in their interest to demonstrate how much work and money and how speculative it is to progress an oil field.
Jethro is commercial as a stand alone, Joe as part of a hub.

is a total disaster. They are walking a horrible financial tight rope. Operationally, they have been doing really well for some time, financially it's a real struggle; Will their backers combined with their cash reserve survive these poor prices. This disruption means they will burn through that cash that much quicker. I thought they had a good chance of making it with their supportive share holders. Looks a lot tougher now. Either they have to hire in generators at huge expensive or rely on the poor power supply...something of a bad choice.

I understand that fear O&W....it's a bit like getting ****y and ahead of yourself when you make a good investment, can lead to over confidence and bad decisions.

Of course you are!!! LOL...that is so funny.

Obviously ,if the oil price halved , ECO's share price would double due to the law of inverse proportionality .

Hope that helps?

And there it is..5.8 million at 1.4p..........that is one emergency dump. Looks like a distressed seller who had to exit and raise some dosh. A few million to get through.
Note the two 500k plus buys 1 minute after the conference call started. Looks like a trader trying to profit on the conference call or a loyal share holder supporting the share price.
Either way, they look pretty cheap down here.

sorry, no editing
TEUs
'about' ...labour

Ghana income 2019, assuming
July 20000
August 40000
September-December 65000 per month

adds up to 320 000......I think somewhere between $10-$20 net to WSG....the secondary screening complicates things as it is highly about intensive.

Good revenues $3.2-$6.4million

I have over £10 million for the rest of the business for 2019,
MSC (including Keyguard) £5million
ME tech £1.8 million
Asian port tech £2million
training and service £.5 million
All other tech contracts £1 million

Over £10 million.....plus Ghana , 2018 was £7.2ish million.......looks like it will be close to 100% increase

if that is an extra 500 passengers per week, that'll be very nice thank you.

Tema...if the old charge for an X-ray was $40 then it looks like all out numbers will be way out. We are also doing the secondary scanning so....even more perhaps. It'll all come out in the wash at some stage.

from the price action today, there is a large sell trade being worked in the background. Who it is, we'll probably never know, how much stock will become apparent over the next day or two. I wouldn't be surprised to see 3-5 million print at 1.7ish after hours today.

and another billion in Upper tertiary significantly de-risked.

Looks like Gil's roadshow, interviews, presentations is getting the message out. Think the floor has been found and we are back to grinding back up, let's see what happens.

Malone is 500 m boe plus from what I've gathered.

The sooner WSG gets cash the better, handy working capital to have. Looks like it will be split between Q3 and Q4 , if everything has gone as planned . How long till they get paid the balance upon commissioning , who knows, 30,60,90 days from commissioning date...? Time will tell.

Reads very well....look at all those Upper Tertiary targets that have sprung up in the past couple of weeks.

One shipped in Q3

Good spot Qualia, great news. What a great contract this is. And I still disagree with you Jimzi...you bad tempered so and so!!!!!!
77% on shipping....in theory! We know one has been shipped, the other one to follow. The balance on commissioning. Might get the balance by the end of the year, might spill over. More likely to spill over. Just the way of the world. 77% 0f $3.05 million by the end of the year is $2.34 million, which is very handy. $.81million if we are lucky, if not , in the beginning of 2020. $430k over the next two years. More than happy for them to get all the monies in Q3 , just being realistic in this imperfect world.
If we are on $10 per container for Tema, September just brought in $650k.(paid in 30/60/90 days...who knows?)
Don't think we are short of cash which is brilliant.