Colter Prospect – offshore exploration. Andalas has agreed to farm in to this licence, which lies immediately south of the giant Wytch Farm oilfield off the Dorset coast in southern England. The well to be drilled to a total depth of 1800 metres in the third quarter of 2018 to evaluate whether a discovery made in 1986 was drilled on the flank of a commercially-viable accumulation
Preliminary mapping of a separate area around the 98/11-1 well, south of the Colter prospect, suggest the potential for Prospective Resources of up to 27 million barrels of recoverable oil. Further definition of this separate area will be possible once the results of the Colter well are available.
Are you suggesting (via SER BB page) that Hopkins could be a partner with ADL in Bunga Was project. It was he who first floated the idea that ADL were to get involved in Bunga Was, and ADL were forced to issue an RNS. Inside trading indeed!
Levi announced today in his capacity as CEO of SER, that SER are in negotiations to purchase a 5% stake in an Indonesian oil asset. In addition he is arranging a 6 Billion share buy back. £1 a share? Price not stated.
Patch Criticism of Simon 's lack of "action" during the DW days is perfectly justified both of my opinion and the opinion of many others on this BB. You may not agree, that is your right. As regards my name, there was I understand a technical issue hence I had to reopen the account with a hyphen in my name. Nothing more, nothing less. No hidden agenda. As regards any name calling, it is not my scene, and I will leave that to others.
The brokers report makes interesting reading, and I feel they are understating the potential of ADL. But it is early days yet.
Nothing to explain. In time I believe it will happen. This is my opinion only, others may differ.
As regards the BMD interview it is indeed cringeworthy that the CEO of ADL would even entertain being present in the same room, (talking about ADL ) as a self confessed criminal who spent 16 years in prison for armed bank robbery. An then the moderator was the PR lady of ADL, who was also the PL lady of SER where Hopkins / Levi was chairman.
Boom / Steve He should be asked face to face in an interview. E mail are pointless. He needs to be asked the "hard questions" for all to see he is reactions / answers. Many people on here are prepared to forget the past operation of ADL, but Simon was DIRECTLY involved in the debacle . It is NOT unreasonable that he be asked these questions . Pointless of having a staged "good news only" interview .
This is not sour grapes on my behalf. It is logical that he should be asked to explain his past position.
Simon sat on the board when DW "blew" millions of £s on a "jam tomorrow" project. Simon does not make reference to these projects now. Instead he takes part in an interview with a hardened criminal who did his best to bring ADL to its knees and destroy shareholder value. This same criminal is now been hailed as some sot of "hero" by making a positive tweet regarding ADL. The guy is a crook and nothing has changed.
The leader of the western world also tweets daily . There are comparisons between them both.
Simon should be asked straight out in any further interview about why he did NOTHING to stop the rot at ADL.
No point is saying it is now "history"
Once again do not attack the messenger. These are facts.