Member Info for luckyman2

https://www.proactiveinvestors.co.uk/companies/stocktube/11284/baron-oil-plc-keenly-awaiting-the-start-of-drilling-at-wick-and-colter-11284.html

persimmon

At least there seems a good chance of success with Monroe Swell regardless.

Stephen Williams, co-CEO, commented:

"As well as expecting the workover programme to deliver extremely attractive economics in its own right, we are also very pleased that the subsequent drilling programme at Monroe Swell, targeting more substantial volumes and production rates, has been notably de-risked by this early success.

persimmon

I believe Monroe Swell has a value of 0.8 on the Sp if successful.
What do you think ?

Will be our Savior . imo

If all 3 wells were dusters maybe with the money saved we could drill another well.
We could have a spare 9 million then which could be used maybe even could be enough to re enter 2 old wells and do work-overs .
Just a thought.

That's why we have Rothschils are involved.
To get the best price for us.
Too much panic on here at the moment.

Jan 31st would do

We need to talk to JP , Brian and JJ.

Gaelic selling will be their loss.
This share will be more than 1p by Jan

Hopefully we will be drilling wick in 2 weeks as well.
Its going to be a good xmas after all.

https://www.dorsetecho.co.uk/news/17238992.oil-rig-gets-government-support-but-plans-are-delayed-until-after-christmas/#

https://www.dorsetecho.co.uk/news/17238992.oil-rig-gets-government-support-but-plans-are-delayed-until-after-christmas/#

I would think a GSA @ $8 would be around 40p

JJ has 4.9 million options and Brian only has 850,000.
Maybe at least that must be an incentive to ensure that we can increase the SP and sell for as much as possible.imo
Plus JP will have 3.1 million after he sells his remainder of option. imo

Ok Say our share of cost for TE-9 was 6million then we have 24 million left.

Remember we have 2 more fully funded wells ongoing back to back, GSA for proven reserves, sidi mok and 30 million in the bank at the moment so lots to play for yet.
We can still do well here with patience.

I dont think M & G investments will be happy about Gaelic selling so many shares either. imo
They were always going to offload some shares to get some money. imo
Brgain price for others to buy though.

We only need either TE10 or TE-11 to be successful plus our GSA and we will all win so its not over yet. imo

I don't think the FSC was what they expected so unless we have success with either TE-10 or TE-11 they won't have any more.imo
Sound team will go in to hibernation mode now so don't expect any further tweets or news other than RNS relating to GSA or well results.
No more hype .

I expect some news out of California before we hear about Wick. imo