Coro Energy and partners have agreed to drill two wells in September this year. An appraisal on southern end of Mako, and exploration on Tambak. Talk of no news till next year is rubbish and should be ignored.
Well Gazza, your RNS is out, but not the one you expected. Wet season should be over in California and the fog should lift soon.I don`t think your an idiot, unlike some on here. Tambak will be a game changer if successful.
Seasons greetings to all, have a wonderful time and I hope Santa can pull some good news out of his bag to keep us all happy in the New Year. Enjoy, Yo Ho Ho, Merry Xmas to the Grinch as well, we all know who who he is. Oh no we don`t.
Gazza, In the ANN on Hotcopper Gary Jeffrey commented "In the very near term, udate on two key areas of development initiatives to enhance current production from our now 30-well portfolio in California, and update on our progress in evaluating the large Alvares appraisal prospect,including encouraging geological interpretation." The SGC ANN is relative to EME as we have a stake in a number of wells mentioned, and any increase in production is more than welcome. Read Gary`s comments on Hotcopper as they are not showing in Kal`s post.
Thanks for the link Gazza. One line states"Activities are underway to evaluate 1,500 metres of gas shows in Alvares well".There is a company in Aberdeen called Well Sense Technology that may have the best option? Quote from article in Energy Voice June 18 edition" We dropped our disposable tool in the well. Three hours later we had seven seismic surveys. We snipped the fibre and we walked off". This is a disposable device made of water soluable alloys called the FibreLine Intevention (FLI) tool. As the FLI tool is not made to last it is a much cheaper option.
708A Notice & APPENDIX 3B. SGC advises it has issued 2,000,000 fully paid up shares to sophisticated investors at $0.028 per share. Is it possible this is to cover the shortfall of XST pulling out of Alvares drill mentioned by Rathole. New investors must be confident to splash the cash. Remember my last post on imminent news, looks like more to come shortly. Typical Rathole only telling half the story. Take care?
I would hope the raise was for Alvares,the integrity of the well is sound,the drill will be cheap, and we will all be looking forward to a Merry Christmas.It`s good to dream as long as it does not turn into a nightmare.Have a little faith.
Interesting article in Press & Journal Energy Voice. Well-Sense can provide a Fibre Line Intervention tool made from water soluble metal alloys. Mr Purkis, technology director said "We dropped our disposable tool in the well. Three hours later we had seven seismic surveys. We snipped the fibre and walked off. Is this the tool we need we need for Alvares? Any sensible comments welcome.