Member Info for in4cedros

Irene - I'm pleased you accept that Goudron production has increased substantially since LK took over - LK has explained that sand was posing a big problem and that the Myno pump may well improve matters considerably but this has only just been installed so early days - if it reduces outage they will likely be introduced widely on the field.

This is innovative tech to use a mining pump on an oil field, we are told - having said that LK recognises Goudron may not be the game changer hence developments elsewhere which may be more profitable in tandem with Goudron optimisation strategy.

As I suggested you're not obliged to invest you must decide what weight to attach to LK information - to say the plan doesn't seem to work is just wrong as production is substantially up - that it's not at the higher case level is correct but that wasn't guaranteed merely an aspiration based on projection of initial success levels - will the new MO yield results - watch this space ( or MEEI reports/next rns ) .

Irene - I’m not disappointed because it’s about the model - getting sustained increasing levels of production from wells others believed were past their sell by date using imaginitave technological solutions - the latest media gives examples. If you aren’t impressed that’s your prerogative no one forcing you to invest and I apologise if LK ‘s CV doesn’t pass muster - I don’t think there’s much chance of a rewrite - this may be the final chapter if he achieves the £500,000,000 market cap!

Irene - although it's been out of the download chart for some while I believe the video of the launch party is still available so you can verify my memory if you are that keen - careful watching it - it seems that people like Ross got a bit carried away !

Irene - o yee of little faith! Although LK was grounded with Shell he moved on to Taca and is known for his success there where he dealt with corporate fund raising and other corporate issues associated with his starring role! He must have anticipated your question as he did tell us at the launch party that he was part owner of a stripper well in the USA - always pleased to assist you Irene!

LayLadyLay- also noteworthy that Sharon Morris - Cummings also had to deal with the ‘ Goings ‘ ROFL again - my sides are hurting!

sticky ........no Stricktly!

LayLadyLay - sounds a bit like the cricketer that won Strickly - worth hanging on to that name as a moniker for the next member of your team ROFL!

Neon - it would certainly make a change from our resident Fantasy Oil & Gas manager/ Cashburn Monitor!

LayLadyLay - the latest developments at Petrotrin appear to have markedly stimulated you - are you going to the meeting today to offer your expertise or will you just try and make them feel better by turning up in your Grim Reaper outfit?

Dross - I'm surprised you need reminding YOU are the one always droning on, wearing your choir boys outfit, about playing the ball not the man LOL!

VanVan - interesting recent posting history from Crude - he didn't actually say he'd invested but you may be right - the wording used certainly stimulated traffic across LSE - it was a bit like a beauty parade based on the alphabet - I can't comment on the best response but AAU is up there with the two piece presentation!

Dross - wasn't it you ramping Goudron production only weeks ago based on the July MEEI figures - if you are correct about the increase coming from Goudron I will be very satisfied as it suggests LK is overcoming obstacles with new tech and TLC!

Dross - I'm liking the empathetic way you have commented to soupa - easy to get the wrong end of the stick on time scales isn't it LOL!

Morning Dross - the 13/07/2018 rns envisaged completion of SD in Q4 - you've been telling us lately how much weight you put on rns info! The Snowcap permission may well have been one of the boxes to be ticked by Tony on the SPA so I'm going to applaud this most welcome news even if, for some reason, you don't feel able to!

LGO-fan - I'm with you on that prediction- don't know what has come over me - maybe I've been subliminally influenced by Rossa's post on the MEEI monthly stats!

LayLadyLay - after Koot joined and Ross commenced his rampathon I did correct some of his more ludicrous posts, such as the tosh about imminent exit from Spain, but I largely refrained from comment on LSE for a long period as I believed readers here would wise up to him and eventually tire of the tosh!

Ross has an MO - saturation posting to an agenda - which many find an insult to their intelligence - Chesh probably also has an agenda, common to most shareholders, to look for positives in the company but at least he attempts to comment in a variety of ways and was pleasant to Ross until the latter took exception to being challenged over the concept of a financial incentive for him to refrain from posting!

Dross - you are a one for mixed messages - good job we're not dating! Wasn't it you who posted the MEI figs recently and editorialised that it was likely CERP Goudron was responsible for the production increase for July!

LayLadyLay - you've got some front posting that comment to offerman - if he'd taken your advice he would have sold up for next to nothing when LGO were in their bankruptcy flirtation phase!

Lancy - Ross seems to want to attribute the extra 66bopd to CERP and that was back in July and just for the IPSC - might well be over 700 bopd by now!

Dross - as you know the $50,000 Moyno pump was only installed on one well because LK is very concerned to be able to demonstrate bang for buck. We were told subsequent pump purchases could be cheaper at circa $20,000.

If it transpires the test is suggesting LK has mastered Goudron I think it would mean a lot to LK if you wrote to him telling how much you regret doubting him and giving him your blessing for the necessary CapEx for the extra pumps - as a poster on here seemed to want to lock up the cheque book and throw away the key!

Rossa - shareholders don't want a Competent Person to flatter them they just want a realistic indication of the potential of the assets so that when people like you come along and suggest assets ( SWP ) are not worthwhile because no one has bothered to develop them before they can say you are entitled to an opinion but if it's based on tosh it's not worth very much - you seem to be in tosh overdrive lately Rossa!