Member Info for highlandmatt

Welcome back Mount Teide. Haven't heard from you in a while. Hope all is well with you.

Well, the income goes to Greenan first. Then presumably will pay a management charge and consultancy fees to EAG. Then EAG makes loan repayments to SCIR.

Ha! 3 of us gone for the same.

Thanks TM.

https://www.google.com/search?q=txp+tsx&rlz=1C1CHBF_en-GBGB788GB788&oq=txp+tsx&aqs=chrome.0.69i59l2j0i22i30l3j69i60.4863j1j7&sourceid=chrome&ie=UTF-8
2.10 CAD = 122p up 17%

Yep, that's my interpretation as well. My post with a link to an explanatory article has disappeared also. I include again - vugs and Darcey's....
https://link.springer.com/article/10.1007/s11431-009-0397-5

That's a shame for any shorters.

I don't think it was in the closing comments, but it follows the previous post well. PG confirmed Lonny would not have joined if MOU1 was not a success

Given the publicly available information, I'm guessing that's a good a calculation as is possible at this stage. When the resource for Cascadura is upgraded to take account of the Deep well, this will provide a read across to Royston, which has always been stated as bigger. Not sure much else is possible (by us) until the result of the pressure test is released.

CEG seemingly not paying our share of the revenues won't be helping, but that is proof that revenues have been generated. Hopefully the new venture with LOL will be more reliable.

Given that we know CO2 EOR works, and is now government policy, I think it is more likely that PRD asked for its share of the increased production, which wasn't forthcoming. This has then caused the bust up.

BRV - that bit about consolidating the Irish assets and offering as an IPO caught my eye as well. What a good time to be floating such an offering. PG really is a master opportunist.

Although they might make NGC keen to get gas flowing asap. All depends on their contracts with their customers though.

Just need to find, test and prove up commercial quantities of gas now.

Is it possible that FRAM considers the pressure high enough to sustain production, and doesn't want to share output anymore?

Indeed Sefton. Up 15+% the day before the last presentation, and promptly lost it all again the day after. There will be folks buying hoping for something transformational, then selling when they don't get instant blockbuster news.

Yep, I've had a little top-up.

I'm buying. But there are some big sells. Inevitable after the 20% rise. Some made quick profits buying mid 80's and selling over £1. I'm happy to wait for £2-£3 in 18months.

New western oil wells

One thing is certain, once Cascadura is hooked up, revenues and profits will jump. 2023 will be a good year.