Member Info for JohnHenry

The assets that PRD have been aquiring are old Legacy assets that the previous owners no longer wished to fund.

Wax treatment could make them profitable.

Fingers crossed the wax treatment works to increase production if not the whole exercise in Trinidad is flawed and a waste of time and effort.

Its Tongue in cheek aimed more at yet another delay rather than the time of the delay which is another week

Now around the 3rd March. Well isnt that a surprise LOL

Im guessing about 10 Bopd

You think the 800k sells are traders throwing in the towel ???

Stacks of positives as we all know, i am merely questioning the forward plan given a few weeks ago.

I will have answers/ information and re evaluate timelines.

Information you will not possess as you do not feel it is relevant to you.

However for me it is relevant.

A remain invested however i question things Stat20 where as you simply accept things

BBN pretty much all of Bo Sears statement talks about the period after the 30th September.

What do you mean makes no difference, makes a huge difference to the revenue numbers this year.

After todays statement from BO im not expecting Production until Q4 and just 3 wells instead of 5

BBN my point is a forward plan was given to Investor just a few weeks ago.

Now that forward plan means diddly squat.

All i can say its pretty incompetent for a projects timelines to fall months behind within a few weeks.

As a project manager i would have been asked serious questions as to why .

If you want wiggle room why put out a forward plan in an Investor presentation only to quash that forward plan within a few weeks. For me thats very amateurish.

Any road ill try and get some kinda confirmation later today.

Construction and hook up was due to start in late April early May Now Bo Sears is stating the plant wont be moved to Rudyard until the end of the summer possibly 5-6 months later than planned just a few weeks ago.

BBN i shall be calling Camarco later today to get clarification.

No reason to sell just curious as to why the statements and change when they put out a presentation only a few weeks ago.

Tilelines at Rudyard pushed out ?

The Rudyard Field is emerging as a world-class primary helium exploration play, and we are excited about its potential, particularly following the positive results from Darwin #1. As a result, we are planning to drill at least two additional wells in the field as part of our wider 2025 drilling programme.

We anticipate moving the plant to Rudyard by the end of summer 2025, a critical step toward establishing Helix as a leading helium producer within the US.

When you look at the Helium concentration found in the Amsden Darwin and Charles mud shows,

A read across does imply a Helium gas concentration of around 0.6%

Havent ruled out Charles however does this Excellent seal sit over the Flathead or the Charles.

The results are contrasting to the 2.5% helium identified in the underlying Flathead formation, the primary target in the Clink #1 well, implying an excellent seal that is potentially containing the high-grade helium system beneath the Amsden, and that gas in the Amsden has migrated from a different source.

Agree LordWM what i am saying is if the Charles is non commercial the Market will initially sell off.

Maybe down to 12 -13p however this will be an excellent buying opportunity re Rudyard.

If Charles is commercial then opens 20p again excellent buying opportunity re Rudyard Ingomar.

Those are my tactics based on todays levels. However the SP maybe higher