Member Info for liquid1

Is the nearby well comparison Horseshoe???? Hope so

https://www.asx.com.au/asxpdf/20190304/pdf/4435xl47qdw4gg.pdf

Point 1: oil/water normal @ 4,500 ft, where drill was on 28th February

A plot of the water pressure gradient at Horseshoe juxtaposed on the oil pressure gradient for the trend suggests an oil/water contact at a depth of about 4,500 feet. That would imply the existence of an oil column more than 600 feet thick, Decker said.

http://www.petroleumnews.com/pntruncate/735490291.shtml

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Point 2: Oil below 5,000 ft not at 4,500ft where the above water/oil present

Horseshoe now attracting plenty of interest

---Exploration at Horseshoe 1 and 1A intersected light oil reservoired in more than 150 feet and 100 feet of net oil sand respectively in the Nanushuk delta sequence at just over 5,000 feet below the surface.---

https://finfeed.com/small-caps/energy/88-energy-gains-new-ground-alaska/

---Exploration at Horseshoe 1 and 1A intersected light oil reservoired in more than 150 feet and 100 feet of net oil sand respectively in the Nanushuk delta sequence at just over 5,000 feet below the surface.---

We were onlt at 4,500ft!

Roll on next RNS

http://www.petroleumnews.com/pntruncate/735490291.shtml

Regarding Water A plot of the water pressure gradient at Horseshoe juxtaposed on the oil pressure gradient for the trend suggests an oil/water contact at a depth of about 4,500 feet. That would imply the existence of an oil column more than 600 feet thick, Decker said. http://www.petroleumnews.com/pntruncate/7354

A plot of the water pressure gradient at Horseshoe juxtaposed on the oil pressure gradient for the trend suggests an oil/water contact at a depth of about 4,500 feet. That would imply the existence of an oil column more than 600 feet thick, Decker said. http://www.petroleumnews.com/pntruncate/735490291.shtml

Petroleum News New major oil discoveries in the Nanushuk and Torok formations on Alaska’s North Slope are causing some significant rethinking of the oil potential of the region, as companies move towards development of these exciting finds and people assess further exploration opportunities. Petroleum geologist Paul Decker from Alaska’s Division of Oil and Gas recently talked to Petroleum News about the nature and significance of the new finds. Decker sees the new Nanushuk/Torok oil play as opening the possibility of further significant oil discoveries to the west of the central North Slope. The play may also prove valuable as a geologic paradigm for oil prospects in the newly opened 1002 area of the Arctic National Wildlife Refuge, Decker thinks. http://www.petroleumnews.com/pntruncate/735490291.shtml

http://redemperorresources.com/wp-content/uploads/AlaskaOperationsUpdateInterimDrillingResults01Mar19.pdf Oil Shows! • Oil shows have been observed whilst drilling in the Nanushuk in the Winx-1 exploration well o Preliminary review of the interval by the operator suggests that the zone in which the shows were encountered is at the lower end of the range required for commerciality; however, further petrophysical analysis is necessary

Would love an RNS Sunday night telling us Commercial Oil discovery further down! ASX rises 100% We rise 600% Only Dreaming!

The forward plan is to continue drilling to test the deeper objectives.

coming Fri, Sat, Sunday

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OVERSOLD

Preliminary review not Final

Preliminary review of the interval by the operator suggests that the zone in which the shows were encountered is at the lower end of the range required for commerciality; however, further petrophysical analysis is necessary

RNS

Monday or Tuesday for Final Nanushuk.

1.5p UT MM’s must know this is bad??? Sh*t!

They want 3.7p

ASX down on Thursday was the clue! & All the big sells here yesterday! Someone always knows!

Bahamas government know what’s happening! The guy knows the company it’s commissioned with! Slip of the tongue! Just finalising finance!

Nice after hours buy!

Not a set's stock stupid mm's!

https://thenassauguardian.com/2019/02/27/ag-govt-obligated-to-extend-bpc-license/

--I have been made aware that they have already commissioned and have an agreement with a major oil company,--
Bethel said.

--I cannot say who, but I know who--

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Come on tell us BPC!

https://thenassauguardian.com/2019/02/27/ag-govt-obligated-to-extend-bpc-license/

The company has now been seeking to drill for over a decade to no avail.

However, Bethel said he is confident that this time the company will drill.

“I have been made aware that they have already commissioned and have an agreement with a major oil company,” Bethel said.

“I cannot say who, but I know who.

“I have every confidence that they will drill…”