Tick Tick Tick...Tick T10Doom20 Mar 2019 09:36
T10,
You have an awful lot to say for yourself. This bb has descended into the T10 rampfest chat show, which I am finding very tiring. Can you just tone it down a little bit please, mate? Not being rude, but every time I come on here to have a quick read of people's thoughts, it is very heavily dominated by your ramptastic posts.
What seems odd is that you are very new to this bb with only a handful of messages. You landed on us like an immaculate conception. Maybe you are Luca's baby in disguise? It would certainly end the rumours as to where Luca's baby is.
Just let the guys do what they need to do and sit back in the pocket for a bit. No amount of words are going to change what is or isn't in the ground and I will remind some people on here that JP's enthusiasm / hype / calm confidence does not equate to what lies beneath TE-10. May I remind you that he and his Team were confident about Te-8, Te-9 and of course Badile. I witnessed BM almost in tears when he was describing how wonderful the seismic looked at Badile. Didn't he refer to it as "perfect anticline?" We were led to believe that it was almost a dead certainty that we'd get success at the drill bit.....and then we all recall what happened when the results were released. The share price is still licking its wounds from that result. Crazy.
The severity of one more failure at the drill bit would be catastrophic for this company and JP knows it and hence why he said he couldn't stress enough, the importance of having success at Te-10. In short, it's a company maker or a company breaker and it annoys me as to how desperate everybody has become with what seems like no back-up plan to boast about if things go wrong......and limited funds too.
Now you can all decide which side of the fence you want to sit on, but I am remaining cautious and given the very limited COS and the tight rock structures, there is a greater chance that even with the "big guns", they won't be without their challenges. All they need to do in order for the well to be deemed "commercial" is to have it flow 1.5-2mmscf, which doesn't sound all that much when compared to previous wells, but if they can't get the gas to flow and at the correct pressures too, which is never really discussed these days, then it is as good as STZ's cooking skills. You catch my drift.
Our attentions at this stage in the process should turn to Trellis who is busy recovering so that his beloved wine cellar can be saved from wannabe number 5 and her intentions to invite a plethora of bingers around to 'Trellis Towers' to feast on his better bottles. It has become the best soap opera of 2019. Will Vanessa find the scissors and the keys to his wine cellar, or will Richard make it out in time and escape the clutches of Nurse Gladys in order to save his most prized CNdP?! Tune in for the next episode from Vanessa, Chief Extraction Officer of Chuckle Gas plc.
#waitfortheresults