Member Info for in4cedros

LayLadyLay - it’s a slow news week - you tell us and also let us know whether CERP have complied.

I love that Moyno pump which they said cost $50,000 so I think that will qualify - are you going to start a list?

LGO-fan - I was feeling particularly kind today as there was a bit of actual news flow to discuss regarding the benefit to CERP of the new Heritage/Petrotrin regime although they did hint about it previously - I don't believe LLL realised the spin off benefit to CERP when he was giving his death by a thousand cuts running commentary on the demise of Petrotrin! ATB - in4SWP!

Dross - I think the smoke and mirrors are in your head!

This revised pricing model adopted by Heritage/Petrotrin suggests CERP may get circa 10% more for the IPSC oil compared to previous basis. This situation will, presumably, apply until further notice, whatever the WTI price - looks good for CERP !

Garnhiem - appreciate the information - I don't think some will believe it until they are swimming around in the storage tanks !

LayLadyLay - North Soldado is not a million miles from SWP and the CERP published information suggests the SWP geology has excellent potential for drilling - everyone has seen NR clutching oil impregnated rock at Galpha point and the deep drilling in the SWP did indicate deposits but the well was abandoned after the loss of the drill.

I don't know how much, if any, bopd will be achieved from drilling SWP and I've been at pains to stress that to your moronic mate who keeps asking stupid questions day after day about how many bopd the SWP will yield and when - I said to him IF we were to hit a field like Soldado North and then gave him the information about how that field had performed - I haven't said the geology is similar - you haven't said it isn't - I prefer to leave those claims to people who hold the full information and are qualified to interpret it. I would suggest, however, that if the geology works for us we may achieve transformational growth from SWP and we will make good money from it as it's a private license not a IPSC.

Obviously if you can guarantee that CERP is wasting it's time with the SWP development I'd be very interested to hear more from you otherwise just accept that some people have a risk profile far above a Post Office book and want CERP to proceed with the plan. As you know the LK plan is not even Shyte or bust - it's now shallow drill, hopefully make some money, then extend drilling deeper, hopefully using generated funds - sounds good to me and that's why I hold.

I'm seriously worried about Irene as with her understanding of this business and her risk aversion it seems to me she shouldn't be within a million miles of this share - I think this FOMO business has really got to her now and it's doing harm - she even tries to mislead people on here about what I've said.

I think with your posting history you can probably identity with her better than I can - perhaps you can post out some advice to her to put her on a more appropriate pathway.

Of course if she is just part of some disruptive shorting type gang I don't have any sympathy for her if she misses out on a good rise here and I hope you will agree such conduct is deplorable LayLadyLay!

Irene - Bamps has undersold Soldado North the average over 50 years was over 15,000 bopd !

I expect over that time scale they've had some gushers, some declines, work overs, plenty of new drills - why don't you research it for yourself and tell us all about it!

I would caution you that even if you discover that the field has been an absolute gold mine it doesn't mean that the performance will be replicated in SWP - I have to say that because you don't seem to be able to understand the concept that some people are prepared to take a risk with money!

LayLadyLay - and the point of your post is ?

Irene - would you elaborate on your motivation to attempt to discredit shareholders on this board by posting misleading quotes?

Irene - you claim to be someone genuinely interested in purchasing shares in this company - you ask question after question about the POTENTIAL of drilling in SWP - you are told, time after time, to DYOR and are directed to the CERP management information.

As you were becoming increasingly desperate I gathered some solid information about the Soldado North field which has produced for more than 50 years and is not a million miles away from SWP - the average production has been more than 15,000 bopd over the period - verify my info for yourself Irene it's on the net!

What disappoints me is you have linked my information to my transformational cusp quote TO separate info about Soldado North past performance to give the impression that 15000 bopd is months away - outrageous misleading Irene.

I did suggest from the naivety of your questions and your reluctance to accept risk that other shareholders have assumed that you should not be anywhere near a share like this and I have referred you to the Government sponsored money advice website for you to be educated about investment risk - just feel very let down that you would act in this way to misrepresent me Irene - shocking behaviour!

Greenhills - it was interesting to note in the rns 21/11/2018 that an advanced stage had, by then, been reached in the NOMAD discussion so some might believe they had notice of the situation prior to 21/11/2018 - seemingly quite a process to take on a new NOMAD.

Joebop - perhaps they had seen one of your posts referring them to the Goudron IPSC CPR and were comforted by the reduced Royalty rate at the $40/$50 bopd level with no SPT - these reductions in WTI make little difference to the CERP financial model but clearly they are still hit by market sentiment.

Perhaps you could post those CPR figure details out to Ross as they have clearly passed him by and he chooses to filter me cos he doesn’t like reading other views on CERP - perhaps you only posted it once - I believe he favoures saturation!

Greenhills - that Paul Robinson guy seems to sail a bit close to the wind - I wonder if he's considered AIM!

Chesh - I'm letting Irene run with the shares line because it was a pretty pathetic attempt at a jibe in the first place and turd polishing is not advancing her case at all but thanks for your support - ATB in4SWP!

These potential NOMADs take the job seriously so they will be asking questions about cash management highlighted by the EOY figure they won't put up with any ' no worries ' attitudes where professional planning is preferable!

Irene - it was your quote so I can understand why you've no idea what I'm on about - I think you were brown nosing bigmj at the time so perhaps you had other things on your mind when you wrote it !

Irene - I'm pleased your quote survived the cull - ' I agree Leo and his colleagues are an impressive team ' !

‘ I agree Leo and his colleagues are an impressive team ‘ - says Irene Krapp the latest admirer of CERP - this exciting O&G production and exploration company on the cusp of major transformation.

Thanks Irene we appreciate that sort of endorsement - even more so coming from someone who’s been casting their critical eye over the company for such a long time and makes Andrew Neil look second rate in his quest for answers!

dross - the way you phrased the question will make them think you are clueless about the interaction of the IPSC terms with SPT but no harm in asking - it might also make them think who is this buffoon who thinks that the LIND deal is Shyte or bust instead of asking to hear how the company intends funding the 2019 programme but if they were the only options from Fantasy Oil & Gas Manager you did what you could!

PS LayLadyLay wants to know why you saturation post if you believe it makes no difference to the SP but he seems a bit shy to ask!

Greenhills - do you think the position might be considered ' nebulous ' ROFL!

Dross - you do talk trash - if you give LK the credit for prescience surely he should have shut the operation immediately saving the company money - he went through the motions because it was the sensible thing to do - even talked to a potential partner and he told us he would bid for a new concession if it was available - if he won it he would have had to deal with it !