Member Info for highlander1970

* kick, not *

Damn phones

It was the Permian that they tool the overpressure lick, nog the Triassic.

Wolfbag 186
Champ Bunks 194
Hawkey 222
H70 206

And GKP feckless BoD can barely maintain 40k!!

The surveys have been done and the position for the wells were picked, Barryroe is drill ready.
Finance is a different issue.

Lansdowne are 20% owners, PVR cannot just ignore that, that was just a silly statement to make.

How are delayed payments good for the company?
This useless Bod need to get a grip on the business and diversify if they are not selling it. Get out of the sole dependency on this crackpot country. As much use as an ashtray on a motorbike these lot!

with 20% of Barryroe...69m 2c reserves and a drill ready prospect
You couldn't make this up!!

is what LOGP are currently having Barryroe valued at.
Brent on it's way up and most oilers are in the red today. Not sure if it is TLW fallout or not, we'll see.

www.researchgate.net/profile/Wrya_Jihad/publication/324743479_Petrophysical_properties_of_the_Lower_Cretaceous_formations_in_the_Shaikhan_oilfield_northern_Iraq/links/5ae5e5660f7e9b9793c6ace2/Petrophysical-properties-of-the-Lower-Cretaceous-formations-in-the-Shaikhan-oilfield-northern-Iraq.pdf

Interesting study on SH-8 posted on the other board courtesy officerdigby

What is Angs current cash position?

Ss,
I can think of at least one drill ready with proven reserves in European waters with existing infrastructure. I left the industry a few years ago now but I doubt if would take me too long to find more that are ready to go.
Just the useless Bod here have no interest or skill set to do it.

Gkp need to pay off the 100 mill they owe at a 10% coupon instead of borrowing more.
Once that is done they should use the cash pile to diversify out of the middle East and get so stability.
If they can't or won't do that then sell it at fair value and be done with it.

Funded until mid next year, waiting for news on the APEC deal (either money arrives and goes ahead or LOGP own 20% of Barryroe again and were back at square one waiting for another deal)
Seriously undervalued here at around 9p per Barrel oip if you count the 20%.
Last hurdle is the drilling permission from the Irish Govt which should be a formality now that the inspection etc. is done.

Confidence in the management of the company...now there's a joke in itself!
They are incompetent self serving crooks.

Fire ferrier

Just fluttering in the wind until we get some news

That would be highly illegal

Assuming APEC not involved any more, LOGP has 20% of Barryroe so 69 million barrels.

Logp's share of Barryroe is currently priced at 8.7p per barrel!!

You can tell when JF is lying, he addresses the PI's.
He is a proven liar out to feather his own nest.