Member Info for itsawrap

Just curious - how did you arrive at 17 days from the RNSs ?

Don't expect transparency anytime soon, Finals out 14th May last year but I expect a delay due to their 'going concern' issues. A company with a £41m order book living month to month? ...laughable

Heid, if you really want to make a difference, buy some shares and vote against Bramhill's re-election

It's not all doom & gloom. Wressle is back above 300 bpd, Andrews sold oil in February and Moccasin is producing too. We should have £3m+ cash and Keddington will be producing soon, also DB said another US drill in Q2

Amos is another example, the well appears to average about 1.6 tankers a months, some months data is 160 bl some months 320 bl, that suggests they wait until they have enough oil to justify a tanker.

Pboo, taking A-1 as an example. Oct 173, Nov 172, Dec 166, Jan zero, Feb 175

using your logic not a single barrel of oil was produced in Jan, do you really think that's credible? It makes more sense that production in Jan was so low that it didnt justify the expense of a tanker until Feb.

I disagree

The early data for A-1 appears to be at odds with RNSs, perhaps the Finals will provide some transparency

Yes, that's the conclusion we came to on advn and the oil data backs that up

However, the gas data appears to reflect production as it's piped straight into the grid

I think we will have a much clearer idea with the March data as Feb was a testing period whereas March appears to be a month of production. Fingers crossed for a great well

Regarding Moccasin, we dont know how many days it took to produce 480 barrels so bpd may be a lot higher than 17 bpd, we'll know more in about 3 weeks when we get the March data (we may get a post-period statement in the Finals)

..actually scratch that last comment, data is for oil sold so Andrews wells sold 350 barrels in Feb which was produced during Jan & Feb

Ok.gov updates for February

A-1 Feb gas 3287 (Jan 3449) & oil 175.94 (Jan zero)

A-2 Feb gas 1647 (Jan 300) & oil 173.60 (Jan zero)

Moccasin Feb oil 479.87 (about 17 bpd)

Taylor - no data

...that's almost 30 bpd in total during Feb

If CS is refused RBD may run out of cash in 4 years, or at the very least be very low on cash. They will no doubt pursue an appeal for CS, keep can kicking WN and keep paying for 2 CEOs until it's all gone...

Bugger you're right, the formatting on these downloads is confusing - Firsby 14.4 bpd, that's a blow

Europa mcap £5.5m

crosby/Firsby - Feb 150 bpd + Wressle -Feb 100 bpd

UJO mcap £10m

Wressle Feb 133 bpd + sfa

made my first move back into Europa just before the bell - undervalued imo

Crosby - Jan 10 bpd, Feb 6 bpd

Firsby - Jan 142 bpd, Feb 144 bpd

Edelman resigned from Reabold Investments UK Ltd which has changed its name to Yorkshire Data Centre Services Ltd, he is still listed as an officer of RBD

Brent was about $75 in Feb, say $63 net for 28 days is $235'000

fyi no Feb data for Kedd

Some good news for Europa - Wressle produced 333 bpd in Feb