Member Info for highlandmatt

A couple of 125k sells reported late.

Could have said that there will be an updated reserves report as well.

Https://www.youtube.com/watch?v=ag5H5e3zwQs

And if that comes with a new gas price, it would be worth the expense of an environmental permit (if required) and a new pad.

Another 100k block gone through.

Assume around $30 netback, and 30 days in a month, so roughly times any oil number by 1,000. So 50bopd = $50k a month or $600k a year.

Positive. We keep our legacy production. Probably only 50bopd but still.

Looks like TXP stuffed LOL over Fyzabad and Barrackpore as LOL didn't get the extension.

One thing learned from Helium One - if you need cash, don't tell the market you do. Everyone sells and the placing is then at an even lower price.

It means we will not be paying tax of $16 a barrel as we have tax losses to use up first. So more profitable.

Presume it is a free transfer, so just legal costs. Probably a profit share of any production increase

That's the shallow sands behind the casing? Guess they didn't get to those in the first SJ?

Don't forget T&T...

7. Complete acquisition of new producing field 15,000

8. Drill two infill shallow development wells on new field and apply chemical wax treatment. Put on production - forecast 80 to 120 bopd initially 350,000

No trades that low, so just MMs fishing?

First gas. Flow rates in 2 weeks.

The relevance is that a well that turned out to be highly productive, was initially not forthcoming, and required repeated interventions to coax it to life. Hopefully Mou 3 gives up the goods a little quicker.

Well, given the various technical experts that have provided numbers, it's not a hoax, so that leaves incompetence.

It comes down to whether you believe PG or not. Mou3 is progressing but requires different kit which is being sourced. Trinidad is progressing, with production anticipated shortly. Meantime, Mou5 is being progressed. If so, busy times, and certainly not a 'lifestyle company'. If not, it would, w

Up 26% last 6 months, new level established and held, North American licensing agreement signed, cash received, clinical trial ongoing. Plan progressing.

Just a bit of reading around...

https://www.slb.com/resource-library/case-study/ct/active-abrasijet-cs

Even Slumberger needed acid washes following SJ.

If perforations crossed a water contact, you would set a plug on the lower section, and move up hole. So swabbing would work if the flow is cut off.