Member Info for jndavid490

Worth reading it a few times.

Dakar,its a satirical view.

Dakad,the state of the values attributed to prosperous company's like CAD,as apposed to the general rubbish two bit companies that raise shares to pay for a grand lifestyle,

I can see problems here,any company that goes out and drills a couple of wells,and didn't diluted a few hundred million shares,shows an operating profit for past year,then has the affront to say they may have found oil,are they to be trusted,and have more money than their capital shows as market capital,have heavy machinery drilling rigs,obviously this is just make believe, oh asset value NIL.its just a dream,why on earth don't they make a huge loss,and borrow massive.

Yes now is time to buy,one thing is sure,CAD won't give anything away,in more ways than one.

Well,if it isn't a great week here,then the market is blown to dust,and electronic markets are rubbish, fingers crossed.

Yes all sells.

Krok,your not for real.

Yes probably best to exit,I think I'll wait for RNS,the buy out doesn't interest me so much as the 207 meters of Yamna Sand's.

The well is an appraisal, the original number 1 well had 25 meters of resource rock,sands,I doubt this well will be dry,so fingers crossed.

It also appears that the Boryslav-Pokuttya unit is the same as Skyba unit,and an extraction from,Geological quarterly,2012. The Boryslav-Pokuttya unit of the Carpathian Foredeep is the main oil-producing unit unit in the Western Ukraine, of 39 fields discovered 37 are oil and 2 are condensate,the Boryslav oil field,one of the largest onshore fields in Europe is located in this region.

35%API low sulphur.

I've found I'm almost sure is Balzhiv-1 well,producing from Yamna beds,Paleocene, reservoir rock,25meters,so where does that leave this new well??

Often with the translated letters get misspelt, the unit described as the skuba,is actually the Skyba,and some very interesting information available,and yes it covers a fairly large area,of know oil deposits, anyone willing to argue??.

How big a tank would they need 26km2,by what,any well won't span greater than 2km times depth of oil play,so why is the fact that 26km2 is the lease ,a high light, for a certain deramp

Krok,yes its more than possible,but why spike the sp,why go Ott when ,there is no apparent purpose,they don't need the money??

What I can't understand most companies that are trying to raise money,could over state the findings,I don't think its true here.

Can I throw this into the discussion, 50meters higher than expected,an up dip,oil trap?.

I suppose they no from the core samples that net pay is 207meters,I wonder if there is any information about the other producing wells in same field,was wondering what information is out there.who drilled original wells??

First two,10.45 are buys,one was mine.