Member Info for luckyman2

Thanks for clearing that up.
I was confused for a while there.

johnnydurex

Where did you hear about prudential and us

Will this impact us in any way?
Meanwhile we are still waiting on our GSA.

The pipeline will come online in 2020 and have a capacity of up to 4.5 billion cubic metres (bcm) per year.

Algeria exported 55 bcm of gas in 2017.

It has renewed contracts with clients including Spain with 9 bcm per year for nine years and Turkey with 5.4 bcm per year for five years, officials have said. Negotiations are still ongoing with Italy.

crudehope

Aye those were the good old days.
How times have changed since 2011

Give it time

Just wait till we get our new flow rates in for VG-3 plus our 35bbls/pd from the workovers.
Could be a nice income stream.
We could be earning around $15000 per day.
Now that would be something to grab the markets attention.
So based on this i have decided to top up again while we are under 1p.

Please past your broker note so we can see it.
Thanks

I dont think we will Spud TE-9 till we have had approval signed off for our new "Greater Tendrara Petroleum Agreement.

As part of the agreement we have to drill 2 wells so if we wait till after everything is signed and dated then TE-9 and TE-10 will count as our 2 wells for the new agreement.
Hope this makes sense.

Further to the Company's announcement on 23 July 2018, the Company and its partners, including Schlumberger, have signed a petroleum agreement covering the Tendrara and Matarka areas (the "Greater Tendrara Petroleum Agreement"). The Greater Tendrara Petroleum Agreement, details of which are provided below, has been signed by L'Office National des Hydrocarbures et des Mines ("ONHYM"), the Moroccan State regulator for petroleum operations and it will come into force on approval of the Moroccan Energy and Finance Ministries.

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Wish they would get a move on.
I am so unpatient

So we still have not got anyone to farm into Sidi Mok.
I remember when JP used to say that it was a great deal and ready to plug and play.
Doesn't seem like anyone else is interested or believes him.

It looks to me like JP is getting ready for the big sale.
I think C4 will be the new Sound 2 not Echo or Coro.
Ah well could be interesting times again when Sound is sold.

Fellow investors
Hold tight and dont panic sell.
Ignore the derampers and have patience .
All will come good.

We should get some news by the end of next week at the latest.
Just need to wait till then

Doesnt look good any more
What a difference a Month makes.
Maybe next Month we might look a bit better.

More to come in 2019

Block 29/7b, covers 121 square kilometres, in 90 metres water depth. The block contains the Tertiary Curlew-A oil accumulation discovered by well 29/7-1 (Shell, 1979). Light oil (36o API) was recovered on wireline from an estimated 12 metres of net oil sands with an estimated average porosity of 27%. The near-term work programme will include a Competent Persons Report to support a farmout process. The company plans to drill an appraisal well at Curlew-A during 2019. This well, if successful, will unlock a significant hydrocarbon resource with Corallian estimated mean Prospective Resources of 44 million barrels of oil recoverable (with an upside of 102 million barrels of oil recoverable). The well will also test a Lower Tertiary structural/stratigraphic trap identified by the company (the Sandpiper prospect). Both primary and secondary objectives can be intersected and evaluated by a single vertical appraisal / exploration well that will be drilled by a Jack Up rig to a Total Depth of 2,600 metres sub-sea. The cost of the well is estimated at £9.5 million. The proposed well location is 2 kilometres North East of the discovery well. Future development options will be either via third party access at nearby infrastructure, or by stand-alone FPSO development should an upside outcome be achieved. The Curlew-A anticline remains one of the largest un-appraised Tertiary structures (approximately 21 square kilometres) in the Central North Sea

Simon-said

you forgot to mention Oulton discovery as well

The licence contains the Oulton oil discovery, located 15 kilometres south-east of the Cheviot oilfield re-development project. A well on Oulton in 1974 recovered oil on test from the Jurassic Emerald Sandstone. The company is currently seeking partners to drill a well, Oulton West, in 2019.

we should get news very soon regarding flow rates from west Brentwood.
I hope its at least 200bblspd

TE-9 this Month for sure.
Rig will arrive this week if not already on site.
The moment we have all been waiting will soon be upon us.

When their economy starts to collapse they look for something else to make the headlines.

https://www.express.co.uk/news/uk/1014336/uk-argentina-world-war-3-british-navy-ship-military-falkland-islands

Not looking very positive at the moment.
We need good news and now