Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Just wondering what options are under consideration by the company in relation to MOU-2. Do our resident experts think it will be re-entered at some point soon or will the company choose to finish working on the other wells before returning to MOU-2. Your thoughts would be appreciated.
Thanks for your reply SpArmada. When comparing the images for 16-2 to 36-2, the wellpad area for 16-2 is clearly visible on the images, however there is nothing showing for the 36-2 wellpad. I would've expected to see at least something which looks like a wellpad.
Perhaps the well-versed could shed some light on the lack of satellite images showing 36-2 activity. With all the work going on over the last few months, I would have expected to see something on the satellite photos. Unless 36-2 is located in a satellite blackspot.
For information, I'm using coordinates 38.84907 / -109.98661 for 36-2.
Latest GRH tweet :
"I now believe that
The term 'CREAMING CURVE'
was coined by none other than
Paul Baumgardner
and his colleague
Lonny Griffiths
I have NEVER before witnessed anything like this...
It is off the scale
And happening in real time
#PRD
That's it🔥"
The CPR report in the prospectus is dated 13th July 2023 :
This report was prepared in accordance with standard geological
and engineering methods generally accepted by the oil and gas
industry, in particular the 2018 SPE PRMS. Estimates of
hydrocarbon reserves and resources should be regarded only as
estimates that may change as further production history and
additional information become available. Not only are reserves and
resource estimates based on the information currently available,
these are also subject to uncertainties inherent in the application of
judgemental factors in interpreting such information. TRACS
International Limited shall have no liability arising out of or related
to the use of the report.
Status: Final
Date: July 13th 2023
Revision: 00
Approved by:
Approved for Release by Mike Wynne
WI has said the same thing more than once regarding the Chinese being blocked for political reasons, then retracted a few days later. There is probably some truth in it.
Maxit may need to explore other options e.g Abu Dhabi and Saudi funds.
If politicians won't allow a sale to the Chinese as WI is suggesting in the video and BHP etc aren't interested, perhaps the Abu Dhabi Investment Authority or Saudi Arabia Public Investment Fund invest in projects like Cascabel?
Has anyone looked at satellite imagery recently?
Based on Colin's recent tweet from 36-2, I'm hoping we get an RNS this week, flagging the completion of repair works and start of production testing.