Member Info for luckyman2

Thats good news
Results within 3 weeks then.

With o8l down to $50 bbl i think the Sea lion dream is finished for at least the next few years.
Shares back in the bottom drawer

Now at $51.40
How low can it go?

Oil now at $51.38
How low can it go?

Always a good sign to see those nice large buys.
A good result from West Brent and we could be producing 235bbls /pd + gas total net to us including what we already have.
Now even at current oil price of $52.50 we could still earn $12,337 pd which is $370,000 PM plus any gas sales.
Now that is a good start for us even before Wick , Monroe Swell or West Newton are drilled.
Now all we need is at least one of those to be successful and we are well on into the 2p+ range .imo
Now whats not to like.

Always a good sign to see those nice large buys.
A good result from West Brent and we could be producing 235bbls /pd + gas total net to us including what we already have.
Now even at current oil price of $52.50 we could still earn $12,337 pd which is $37,000 PM plus any gas sales.
Now that is a good start for us even before Wick , Monroe Swell or West Newton are drilled.
Now all we need is at least one of those to be successful and we are well on into the 2p+ range .imo
Now whats not to like.

chrishutch

This year was spent getting all the ducks lined up
Now next year is when all this pays of and most likely in the first 2 Months of 2019 as well.

If TE-10 is a duster we will certainly see single digits

In my opinion if TE-10 does not come in as expected then the Next bit of news we will be waiting on is TE-11 drill location.
Forget GSA as JP will just keep saying we cant rush those things as we want the best outcome for us.
So could be a long wait after TE-10 results whether good or bad.

They can take their time as the rig dies not have anywhere to rush off to.
TE-11 still not decided on the drill location so haven't even started to construct the drill pad yet.
So the Rig can stay here till March.
TE-11 April /May drill

In my experience people cant wait to tell you good news.
Remember TE-9 we got no news till the end then it was Bad.
So lets wait and see as anything is possible.

You never know
With a 14% chance of success.anything is possible.
I dont expect to hear any news this year. good or bad

How much would a success at wick add to the SP.
I think around 1.5p any other opinions welcome

Yes now that West Newton drill will certainly change our company.
Could easily add 2p to our SP if we find additional oil in the 2nd target.
This is just a great company to be invested in at the moment.
5 drills in the next 2 Months, just amazing.

The rig was sitting idle for the last few weeks waiting on our permits being issued.
Once Permits signed off the the Rig left for Wick drill.
Makes sense.
They dont RNS every single bit of paper the receive.

You never Know JP target 12 to 18 Months
Takes us into 2020

At least we seem steady today.
As long as we hold above 6p we should be grateful.
POO $52.90 and still dropping.
Where is the bottom now $50 maybe

Hope we close blue today.
The last 30 min yesterday saw a big sell of.

Now $52 bbl

Hard to imagine oil at this price 2 Months ago.
I wonder if it will affect our GSA.
We should have sorted it out months ago when oil was near $85 bbl.
remember JP stated that our gas price will track the price of oil.

I cant understand how anyone can sell at this price.
We have 4 drills in the next 2 Months which any one comes good and you will certainly get a lot more than 0.6p