Member Info for InJamesweTrust

The link suggests more than 100m barrels. Jethro, Jethro West, Jethro Channel and Jethro KW (plus a couple of other potential puddles nearby) are listed in the CPR as well over 700m barrels.

Near to this are Cretceous targets with over a billion barrels.

To a major this is a possible 2bn barrel development that can provide Heavy Oil but also oil which could be blended of the Urals/Venezuela suddenly hit the market again.

Thats quite a prospect when a chunk of this is already proven up.

Some positive news on Guyna would be most welcome. As would a (positive) result in Shell's appeal to SA courts.

Either one of these is agame changer.

In the background the continued moves towards production fot Hammerhead bring unitisation ever closer.

Given thr Stabroek partners sought pernission to shoot seismic on Orinduik - I'd imagine that was on an info sharing basis. Allowing Eco to see how Hammerhead looks on the other side of the licence and thus reconcile the areas. Hence, this will give arbiters all the info needed to properly consider whaf represents a fair unitisation outcome.

Think 15m barrels is worth 60p a share. So 15% of HH prob nearer to 150m barrels. So the maths looks good.

Even better to commercialise our own billion barrel field!!

15% of 150bopd ia not a baf proposition really!!

Would more than fund equity for own Hammerhead in Jethro. The HH entitlement is worth in my view many times the current SP regardless of the other potential catalysts.

Interesting note that a decision on Shells appral dur in a few weeks. Love the bit about conflating exploration with production. It is a valid.legal point and buys SA govt time to allpw rxploration then im public interest override/amend/replace current environmemtal provisipns to more easily allpw monetisation of disvoveries.

Presentation and video are ok but it is action thats needed. I hope discussions on Jethro are advanced.

Genghis

That rationalisation may be true of marginal/low return projects but a similar size one a few KM's away has just had FID announced and the partners are spending billions (alot less in terms of equity of course).

Dickie

Youre not actually invested currently are you?

Yes Ive traded, no shame in it.

Take out the car crash preso last werk when I posted and it is less than most protaganists on this board.

You have also traded rather than fall for the rockets and M&A by 2021/22/23/24/25/26/XX

I post less and less on here as people only interested in positive spin and happier to believe in rockets when in reality the SP has nose dived not taken off.

So good luck with rockets, i take no pleasure in anyone losing money here. Ive traded, posted what Im trading and now free carried. Am sure some of the others who post often about M&A have done similarly.

Hopefully they can persuade people there is a few hundred bcf but I think successful flow testing is still required to extract anywhere near a pound.

A figure no responsible CEO would have mentioned, when down 85% in two years and needing a 35 bagger to get to that level.

Rob

Whats the classification of those resources in the Scorpion ITR (not CPR???!!) Report?

Rob

Whats the classification of those resources in the Scorpion ITR (not CPR???!!) Report?

Justathought

Oil prices day to day dont drive investment decisions, medium and long term views on pricing drive this.

Within Orinduik, Ive poated previously there is 300m+ discovefed at Jethro and more than that againnin the Channel, Jethro West & Extension.

Within a short distance of this are Cretaceous targets Drios, KG, KB etc which are prospectively hundreds of millions of barrels and couod be mixed with Tertiary oil for processing if lighter and sweeter as expexted.

To appraise this opportunity migjt cost an initial $70-80m but be worth many billions im MCAP.

These are the discussions that will be going on and then relayed to Guyanese authorities to seek the granting of a licence extension.

Marvin

Dont believe it will take that long to be fair but just saying that even on a fairly pessimistic downside scenario there are great likely returns.

Divestment process

He did at ome point say there werent yet any suitors for the divestment process if I recall correctly. That might mean for now it is a rather one sided process.

Was almost worth the 80mins of pish just to have the 100 people nonsense firmly debunked. Guess the demand for Bowler Hats in Geurcif wasn't what some thought!

Nothing he said will move the dial on the share price Im afraid.

Brilliant, I wonder if he will use the same lawyers he used to fix UK Financial Markets as to sue the Irish government!

He is repeating himself on Ireland here.

Genuinely sounds like he is losing it.

Amazing his hundreds of years of experience didnt tell him about the casing issue and result in formation damage.

Thought he just spent 40 minutes telling us he was the messiah!

Misinformation is calling himself an expert.

Rambling, incoherent nonsense.

World champion axe grinder ffs

total *******s already

he doesn't diluted himself as keeps awarding options.

he could do this in person in london but is frit