Member Info for JimiHendrix

Multiple wells would probably be classed as further development so they could put in a request for amendment. But as it stands the 300 appears to be for the whole Brockham site.

There are 2 different figures in the document, one for oil and one for gas. The weird thing is it sounds like they can only produce more than 300 bopd if they find more gas than the generator can handle.

It now sounds as though 300 bod is the max amount of oil that can be taken out on a daily basis due to generator constrictions. Though if they get more gas than the generator can cope with then they can get a new generator to produce more oil. So it’s dependent on the gas?

Some people are creating nonsensical stories here to try to make people worry and sell. We all know that Angus already have everything they need to start the long testing and they will be selling this oil, and making loads of money. Production license not needed for a long time yet.

They’ve been perfectly clear. They are planning to sell the oil pumped from the appraisal. People are obviously trying to cause concern here where there is none.

“An unannounced lack of activity at Brockham over this holiday period may indeed cause unnecessary concerns as to the programme underway.” You can read from this that there is no reason to be concerned. Subtle message from DL.

I think most traders who sold today probably sold because they guessed that other traders would sell, this being AIM. And are now looking to buy back in if they haven’t already.

People are talking like this RNS is the final outcome and update about the whole Brockham programme haha. Just a bit more patience required that’s all... Things are now just starting to get exciting.

I don’t understand why there’s so much negativity and selling today. Paul Vonk said they’d definitely turn the taps on before Christmas and they have, so all good as far as I’m concerned. Now they are testing, analysing and will update the market in due course. There could easily be another update before the Christmas break too, with more detail about flows.

Nice bug 162 GBP buy

The survey data will be used to decide whether to go for the 49% and complete the 2019 program.

Still waiting for the results of the crucial AMT survey though... “The third strand, an Audio Magneto Telluric survey, was hampered and delayed by poor access to the study areas after the summer. The appointed contractors have now completed multiple tests over important areas and the raw field data is being processed now. Dependent on these results, and the accessing of the original raw seismic data, see below, the Company may seek to complete the full programme in 2019.“

Hold your shares imo, I think this will go much higher. There has clearly been some manipulation and accumulating going on today and yesterday.

I would have thought we’d have had news on land access (prevented by exceptionally late harvest) before any other Spain news.

Any speculation on the Petrel trading halt?

Anyone selling now because of the tiny upcoming placing needs to rethink their strategy imo lol. We’ve already been through this last week, there was a knee jerk sell off on announcment before quickly rising back up when people realised it wasn’t a big deal. Anyone selling now is being fooled by people trying to push the price down. Clear to see.

I think those were all buys at 14.8 ish

I’m expecting 20-30p in the next few weeks so I’m not even thinking about taking profits yet. This was 30-40p last year leading up to lydsey, and taking into consideration the placings since then it’s still looking cheap not to mention great Balcombe results and that Brockham was always way more exciting than lydsey.

It’s a tiny fundraise, I don’t know what all the fuss is about. It’s also at a much higher price than it would have been a few weeks ago. Good opportunity to buy more cheaply before Brockham starts imo.

Those sells will have been absorbed now with the number of buys yesterday and today.