Member Info for HopefulDave

BH. The good thing about computers is you don’t need to know how they work under the covers as long as someone does. They just then do what they do. “Point click, oh wow that’s cool” It’s the same here. 15 mins in deep conversation with Paul and I have learned more about the oil and gas business and him a bit about another company, than I could possibly imagine previously, but I’ve even not scratched the surface. Could listen to him talk for hours about oil and gas technology and how it can do things we didn’t even think possible before. It’s all fascinating stuff. Having spent countless hours looking into mining for that investment and now what we could have here, it’s amazing having the opportunity to speak to people who are technically minded at a “planet brain level” and just hear them explain what they are about, and how they go about their business. It gives me immense confidence in them and the company here and it’s why like the other one I don’t care about interim SP movements as I’ve got faith in the long term goals of the company. More importantly the people representing it, working for it and advising it, have my complete confidence.

Ta thanks some weekend coding beckons have a feeling google may be busy!

Awesome cheers. I work designing backup and recovery solutions and architect stuff a higher level. Once upon a time I scripted to do bau day to day jobs but am generally pants at it, have people far better at it than I so I tell them what I want and provide the data / commands they need to run to get it and deliver solutions, then generally stand back and let them do the really clever stuff (as I see it!) If you need a backup or archive solution let me know! :)

Fad I had a very brain filling evening as you know as discussed a number of non HNR things as much as our own situation! Paul is a fountain of knowledge and I’m still taken aback by what he said to me regarding my other investments. I believe we should be looking at drills finishing at a maximum of 10-12 days each and possibly sooner. The team should get more proficient with the handling of infrastructure as each drill progresses but there is always the possibility of minimal delays / issues hence **my** conservative views. The company has stated very clearly an aggressive timeline in their RNS, much more than what i hope for, and I’m expecting it to be adheared to from their stance, but not going to be fussed if we slip a day or two between each stage either. For the sake of a day or two we get one step closer to significant, capexp free revenue, so try as you like to deramp that!!! . If we hit those targets it’s an awesome achievement and perfect display of pad drilling efficiency. I’m holding long and quite frankly don’t give a monkeys what the SP does in the meantime. As said previously the values of my holdings had moved huge amounts with SXX and HNR, if you call movements right every time you wouldn’t be posting here you would be on an island somewhere a billionaire. Have accumulated an ammount over time that’s impossible to achieve without significantly moving the SP if you tried in one go and I’m very comfortable with it. I was with SXX at low prices, and held and as a result this is a 100% free play but still represents a £160,000 investment. I said to the company please take care of my money and I meant it! 90% of the wining posts are based on short term views and if that’s what you want go chase the aim “darlings” and good look with that. If I listened to all the rubbish whilst in SXX and sold at 17p I’d be 1p a share down instead of 13p a share up. Those that follow what I post there can work out if they want, what I held and still hold there also. Big. Yes Cron is an inbuilt schedular on UNIX operating systems. Mac’s run on UNIX so it’s possible to create a scripted job that runs every (whenever you want) to do something. If you want it to look at a web page and grab information from certain fields that you can “script that” and maybe then mail yourself with the info. That way you wouldn’t need to keep checking various websites for updates your computer does it for you and you would simply get an email stating whatever you wanted. (Maybe oil figures posted) or documents posted, or whatever you are clever enough to script...

Vxyz I’m super lazy. I work in it but if you already have the locations you look for with the cron job I’d love to grab the script if you happy with that... can provide an address to send to. On iMac so I guess I can convert to whatever need to anyway, more intrigued by the path and data you search for at unix level..

If your local broker is covering HNR he must be an oil and gas specialist or he’s spread so thin over all his investments he’s as beautifully said in the Life of Brian “Oooo he’s making it up as he goes along”

Yeah of course he has.......

Fad. I’m sure when we were our the other day they said Royalties on the Helium were only 12.5% on state land and I’m not even sure if there were any on the rest?

Wouldn’t that be nice :)

Steady. I agree much quicker will be the case. But like I’m suggesting we won’t have to go knocking on doors... If we want them, they’ll be there already waiting.... if we don’t, great keep more to ourselves. First time round things are always slower....second time around be way way quicker..

Well they didn’t mind this time...

If it’s rinse and repeat then you already have your answer?! Steady I disagree, go it alone initially but in similar fashion have a partner 1 and partner 2. The difference this next time will be we have done it, so we carry a little less risk even in the early phases, and we aren’t knocking on doors for partners they are knocking on our door saying can we be your partner... So you will probably find that the next 1st deal “Raisa” deal will be (for example) 25% cost of wells for 21% or something like that. And the the next partner 2 will also get less WI. Shaving an extra few percent at each step of the way, and then probably come out then back of it with a project with say 12.5-15% free carry as opposed to 7.5% ... That is what a rinse and repeat would probably be.

Zan indeed. Same with SXX plunged to 17 and people screaming sell sell on the chat boards. Horrifying, not sure how they sleep at night, especially on that share with lots of locals invested and not all of them comfortable looking at paper losses, I dare say some did. Then went back up to 30’s... Time is you friend when investing, sit and wait or sit and wait and accumulate. We have $10m odd in the bank, earning revenue, advanced other projects further, but some people will still risk their money on a pump on aim instead, with risk of further dilutions and no revenue streams there. Good luck. I’m staying right here thanks, the journey is now really just beginning...

I have no idea! Much like my other holding that goes up then down then repeats the long term trend is surely upwards. Don’t forget this 6 additional well project won’t be the only news flowing over the next few months.. I’d expect more DTU news and hopefully something positive from stage 3 frak in Montana. With 220,000 acres I’d imagine we may try a couple of wells elsewhere also, they should not be overly expensive to drill as nothing like the ones we have in ED. In 4 odd months time I dare say we could do a well a month up there without touching any reserves of cash....just revenue from ED..

Drilling started spud next well.

Not smutty enough for me but fair play :)

“Another ED project with better financing will be the nail in the coffin” So they have come out of section 15-16 in profit, they now have a **free carry** on the oil and gas that comes out... If they repeat this, they have a repeatable plan. They have partners, they are less risky as they have done it, proven it. Each individual deal can be done for a percentage or two better and then at the back end they can come out with several % more. Some deals could even be done up front, dependant on IP’s produced. When you prove something, it becomes easier to repeat, people have trust in you (as individuals before or wouldn’t have got the deals) and as a company, a collective, now. Your constant bashing of the board and clearly something else is laughable as the boards reputation will continue to grow in the oil and gas industry as yours plummets here! First you slate the IP despite being in the top 3%. Then you slate the revenue, baring in mind we have only just started to realise good gas sales also. Then you dream up a collapse in oil price. Then you quote all the expenses which you never forget all of, but conveniently always forget to add all of the credits up to offset them. You attribute nothing to DTU, don’t even acknowledge the 15% uplift in oil and gas revenues in the Permian test, in an industry desperate for a solution to that problem. You assume giving out the caps is a negative, to me it shows as a premium sponsor at nape they had a lot of people visit their stand and it upped their profile further still. Why don’t you just go and enjoy the Sunshine?

I imagine it’s sun stroke, or he’s been stroking something else too much.

Must be a sad Caribbean holiday for you to be back already D14, bet you fun to go away with.

He was very upbeat the other night as was Paul and Robert. I love the idea someone thinks we are paid rampers. I find it hilarious. A) you can find me in Facebook group. B) it’s not a fake profile it’s been around since Facebook went mainstream and before fake profiles! C) I work for a bank - if I was a paid ramper and dealing in shares I’d be sacked and possibly face legal action! I’m a well paid IT chap who made a bit of money in SXX and still hold there and have a (now 800,000+) share free carry in HNR, which now has a free carry in ED... I like many was a little nervous with the lack of news and it’s why I jumped at the chance to meet the board, but the wells are coming (if listened you’ll hear what cully said) If you listened you’ll hear what he said about DTU. And you’ll hear what he said about Helios. Yes Helios is risky, but the acreage is massive. There are AIM companies ramped to death and pumped and dumped with nothing like what Helios could be. We aren’t in some remote unstable country. We have already partnered with massive companies, and with DTU will partner with more I’m sure. Helios if successfully tested can be partnered with big industry players. We own 100% of it, and it doesn’t all need to be drilled in one go (good luck it’s 220,000 acres!!) so we won’t need to “give away” 50% to get it drilled. We would keep a massive massive slice of it. It could be one of the biggest and cheapest gas producing plays in the entire US... And we are about to have 6 massive drills done for us in ED. Back to back. No other small cap company is going to have that profile over the next few months.... Yes disappointed with SP but picked up a few more as a result (Like I said I would) happy to hold and wait. Ps got two caps now.