Member Info for luckyman2

Next stop 29p to clear the stop loses then back up to ?

GSA not going to happen till after we are finished our drilling program. imo
We need to know what volume we expect to deliver and for how many years for.
Once we finish this 3 wells then we will know whether to negotiate for sales gas of whole area or only TE-5 /6. imo

Looks good to me.
Loads of gas just ready to be appraised and sold.

Golden tickets spring to mind.
I am still holding.
This could be a gusher after all we have the best team in the oil game. (ex Shell and BG) the best money can get according to JP. all imo

2 wells due to be drilled before xmas so could have a nice pressy.

Maybe someone smells gas.

Lets just get drilling Monroe Swell while we wait.

Crudehope

At least that should help you bring down your average.
Lets hope we at least find a decent gas column in the Tagi without even mentioning the pal

People cant wait to tell you good news.
So if they find a nice gas column at TD we will certainly hear about it .

Brian seemed very excited by the chance of success in the Palec and being massive compared to the Tagi.
I think this well is going to be a success and take everyone by surprise.. imo

Crudehope
Good video
Nice to know we have a plan B but only to ensure we sell out for at least a decent price.
Hopefully its at least a min £1

So how many zones are we targeting.?

blocker

i think we upgraded to 34tcf at last presentation.

Still feel broker target is on the low side,

Just waiting on word whether it will be Wick or Colter first up.
I would expect an announcement within the next week.imo

Never mind tales or rumors.
This is either a gusher or duster no half measures.imo
70p or 3p is my prediction

Gets better with every deal.

So if they set the 7" liner thats a sign of success.

This is the most recent one i can find.

Oil & Gas Authority
21 Bloomsbury St
London WC1B 3HF
E: @ogauthority.co.uk
www.oga.gov.uk
3 May 2018
Rathlin Energy (UK) Limited
5 Zarya Court, Grovehill Road
Beverley, East Riding of Yorkshire
HU17 0JG
Dear
LICENCE PEDL183
Thank you for your letter of 31 January 2018 in which you requested the modification of
Retention Area Work Plans for your Retention Areas on PEDL183.
The OGA approves your proposed Retention Area Work Plans:
PEDL183 RA1 - East
• The geographic area of the Retention Area is shown on Attachment 1
• The expiry date of the Retention Area is 30 June 2023
• The Retention Area Plan is to drill a well to 2000m and test by 30 June 2019 and to
complete geotechnical studies by 30 June 2020, to submit planning application for field
development by 30 June 2021, and to submit a Field Development Plan by 30 June
2023
• The Approval date for the Retention Area is 3 May 2018
PEDL183 RA2 - West
• The geographic area of the Retention Area is shown on Attachment 1
• The expiry date of the Retention Area is 30 June 2023
• The Retention Area Plan is to acquire and interpret 15km2 new 3D or 50km 2D seismic
data by 30 June 2020 and to submit planning application for drilling a well by 30 June
2021, and to drill a well by 30 June 2023
• The Approval date for the Retention Area is 3 May 2018

12TH JULY 2018

PEDL 183 UPDATE
Rathlin’s work programme for PEDL 183, issued by the OGA, has recently been updated as noted: