Member Info for luckyman2

Is JPs trading plan still active?
Noticed lots of continual sells last week and this in blocks of 100000

Testing cant start without the coiled tubing.
So has the coiled tubing arrived on site is the main question to ask?

Sorry wrong board.

May be the persistent seller is JPs Trading plan?

It was also schlumberger that selected TE-8 drill location so they are not as smart as you think..

Never mind VG-4 , I wish our SP would also surpass all our expectations

SP still drifting down.
No surprise there.

Remember VG-4 flowed at over 1000 bbl/pd initially before they chocked back the rate due to high gas flaring.
So once we get the gas connected to the pipeline then we could be flowing at 1000 bbls /pd again. imo
This is a going to be a good earner for us thats for sure.
Just wait for a month to connect to pipeline.

We have earned our 50% share of West Brent when we started to produce from VG-3 .

Now thats what you call a Discovery.
TE-10 had a gas sample taken to surface to be named a Discovery.
What a difference in the term Discovery.

Nice little income while we wait for the Gas tie in.
Will help pay for tie in as well.
Still winning.

Colter South is already a discovery just got to map the size of the find.
With the wells drilled they have figured out that Colter North is smaller and Colter South is larger than initially thought.
Somewhere in excess of 15 mil bbls i believe.

Should also get an up date on Colter at the end of the month as well.
Hopefully up graded from 15 mil to 20 mil and a confirmed discovery that is worth producing.

We must be getting pretty close to VG-4 going into production as well.
That will net us a nice income and might even produce more than 480 bbls/pd.

Lots of positive outcomes being talked about recently which makes a change.
Just hang on to your Golden Tickets and you will all be rewarded handsomely.
JP and the Team will do us proud in the end.
£2.50 +

i wouldn't be surprised if they flow VG-4 at higher rates as the high gas pressure is probably the reason why they reduced from 1000bbl/pd down to 480.
Now that they can separate the gas from oil and flow the gas into a separate line that might overcome the restriction. imo
Now imagine VG-4 flowing at 1000 bbls/pd.

Only down by 1p since Monday.
Not too bad considering all the negative talk on this BB .
Just shows that there are still a lot of investors who believe in the Dreams in the Desert story.
JP wont let us down wait and see.
JJ also needs the SP above 43p so he can collect his 4.8 million shares so thats a great incentive aint it.

Sounds good to me.
Nothing like a bit of news to keep the troops interested.
JP likes to surprise us..

Dont worry
If we need more money for wages and admin we can always do a fund raise/ dilution.
JP has always said they reserve the right to do dilution if required,
With all the delays and if we decide to drill TE-11 i think we will have no choice but to raise more money as we will be looking to keep trading into next year. imo

If we are going to drill TE-11 will we keep all the testing equipment on site for 5 Months or will we sent it back .
If we need it for TE-1 we would have to wait even longer for results.
Interesting thought. imo