Member Info for kr1988

Nothing today however mb drops rns at different times so it’s not like it’s either today or next Monday. We have seen a few intraday ones in the past so one can drop any time this week.

We are mid month now so an rns could drop any time now confirming the spud of gobi, fingers crossed it confirms heron 2 is gong to plan and the relevant permits are in….

I’m not too sure tbh but I’ll be honest I haven’t got 200k lol

Do you think the working interest in the oil company is bce lmao? Looking around similar bpd inland……

I’ve not seeen these sort of licences being available to buy. If I had the cash I’d deffo give it ago as you could make some real money off it

This is from oilman Jim

For public companies I have a number of opportunities available which may be of interest. A few are listed below. Just click reply to contact me

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To sell or farm out an asset or interest therein to an entity with financing capabilities, there are several North American public companies currently looking for hydrocarbon projects, some with a geographical focus, others open as to location.

Whatever you’re looking for (acquisition, disposal or financing) I probably can help you

Any update from satellite images master?

No your right they are prob the first aim listed but their are others out their.

It will be the waste boxes they created that will generate the most income but it’s about companies wanting to buy them as I think they are quite exoensive

No government will get the debt down, voters want to see money being spent or reduced taxes. If they made huge cuts and hiked taxes they wouid reduce debt but be critasused for not spending.

It’s like saving at home when one partner wants to save and the other doesn’t. People understand saving but when it happens they don’t like the sacrifices they have to make

I can’t believe how much that sp has tanked, I know I keep saying that but it keeps getting worse.

The issue dai is it’s in England so the labour is expensive, they are now taking about increasing minimum wage to over 12 quid. This will make it even harder for companies like this

I agree dai it makes sense to go after heron 3 as its age that these wildcat drills. Maybe has done it to create some excitement as part of the fundraise? He says it costs about 1.5 mil to drill a hole which is quite cheap compared with a lot of other companies.

If heron gets its permits and the sp was to say spike and double before heron 2 and gobi results I’d sell I won’t deny that….. it’s hoping these permits come in within the next month any longer than that you risk the drills coming up as dusters and tanking the sp

I agree, and worse they own the rig lol

We are getting to mid September now so fingers crossed we get an update on that spudding next week sometime and hopefully a positive update on the permits.

If the spud rns drops and no update-on the permits I see another drop in sp

Doc if it gets us a permit I have no problems buying play areas etc, I suspect lots of money is handed over to people in brown envelopes so nice that the average person gains out of it.

Your prob right legal it all seems very risky and where we are with a market cap it could do multiples from here once heron is online so plenty to be made after its online.

Thankfully the sp has calmed down now, gobi bear is due to spud this month so another rns will prob drop some point next week so we will find out more about the licences and stuff then. I e got some spare cash incase gobi or heron 2 is a duster as I think both will tank the sp so at them prices it will be too much not to buy some extra.

Thanks dai they are very expensive I guess that’s why they dropped as many as they could as part of the renewal process. Will Be intesting next time if they keep the tai licences or not

Yeah it seems like they were right to sell on them licences lol

I’m not sure, it’s to test to see how far this oil runs so it could be ok or it could be found that the oil isn’t that far across so they may have a smaller oil formation or none at all.

The only consolation is that it’s so close to heron 1 so even if it did 100 bpd it helps towards the heron fields overall bpd.

In terms of the flow tests maybe it’s not industry standards to reflow test it?

I did notice it recovered a bit, it’s a difficult one. Do you gamble and hope for a dead cat bounce or does it drop further? Last time I did that he1 dropped an extra 20% in the afternoon so I got burned there.

Pp where do you find the licences? How much was the licence to buy in the first place?

Bitcoin is crazy and late be honest it was just loads of people wit fomo who drive the prices if it up. It literally has no value at all.

The right to buy scheme is a good idea but it needs councils to replenish their stocks which they didn’t do

Yeah I’m in Matd, ideally it won’t drop much more or I’ll be down it’s been a bad week.

If you read the rns again (I’ve just re read it now) I think the only downer is that heron 2 might not go online until next year now but apart from that everything else is fine. I guess people were hoping the heron 1 well would be online by now but seems like it’s just one signature then good to go. I feel it’s a bit of an over reaction. I don’t feel confident buying further into this drop but happy enough to hold that it will come flood in the next few weeks.