Member Info for LassondeCurve

Is the Biden spread so big ?

ZYX

Much appreciated

Thanks Longterm

I suppose what I was getting at was Sealion had 20 odd appraisals. Which was understandable as it was a new discovery in a virgin territory. I would assume Isobel would need half as many appraisals as the basin is more understood?

Also is the high pressure thing not good? As in my mind the oil will leave the well quicker ?? Sorry for my plebeian terminology lol

Next question… how many wells to appraise thoroughly ? Remember in the words of Dave Bodecott

“ 2015 - operationally poor drilling campaign, but much more oil proved on licences”

How much is a poke in Isobel ? $$$

Thank you chaps. That all makes perfect sense now. Whichever valuation is chosen the prospect is very exciting

Good luck All

Thanks Paul

So if NPV applied to the below figures how would the figures change ?

According to Zeus capital RKH has a nett asset value

(NAV) of:

- Core value: 22p

- Risked NAV: 53p

- Unrisked NAV: 212p

Sorry if I’m being dim

L

Are NPV and NAV the same thing ?

And presumably the NPV 10 figure announced by Sam will be reflected in the share price once the field is productive?

L

Excellent posts Paul and thanks for taking the trouble. Quite funny you managed to move the market with your first post 😂

Some people we know spend days weeks and months trying to do that

All the 12222 share trades ?

I’m not trying to change your mind. I’m asking where you got your information/ perception ?

Israel has a military censor and all reporting on targets are subject to that censorship

Ergo nobody knows what damage has been done by Iran

“Iran isn't causing enough damage to Israel to carry on“

How do you know ?

Everyone should read this. The cash flows are astonishing …..

Excellent informative post

Thank you zyx

They seem to have managed finance before ….

The annual revenue from Shenandoah Oil production is expected to be $1.14 billion, assuming an oil price of $78 per barrel. This is a significant jump from the previous year's revenue of $120 million. The Shenandoah project is a deepwater oil field in the US Gulf of Mexico

Rockhopper acquired Mediterranean Oil & Gas (MOG) for approximately £29.3 million. This valuation included a cash payment and a portion of Rockhopper shares. The offer was 6.5 pence per share, which was a 15% premium to MOG's closing price of 5.625 pence

XYZ

I don’t know if you’ve seen this article from 2016 ?

https://www.offshore-mag.com/drilling-completion/article/16768729/offshore-falklands-isobel-well-encounters-large-oil-column .I still remember the excitement generated at the time and the conclusion was that Isobel is massive possibly bigger than Sealion. That’s why us “old timers” get worked up about it

Cheers

Thanks Space.

Same boat but … I’ve been waiting since 2010 , as have you, for me £3 is the target, first oil. But as you say we may not get a choice ….

Space

How much is juicy ?