focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Pharaoh2012 I had a strong idea from past experience the share price would drop after a placing and it did. I took no action as I had an idea that INA might be interested. Opportunists went in to action to accelerate this decline.
Also Parkeg1 see RNS 7th March 2018 this was current information presented with nothing new therefore below is current apart from develop other opportunities.
Increase production from Pg-10 and Pg-11A.
▪ Acquire permits to re-enter Pg-10, Pg-11A, Pg-7 & Pg-9.
▪ Prepare permit applications for Pg-6 & Pg-8.
▪ Pre-fracture production test Pg-6 & Pg-9 (no permit required).
▪ Assess the potential of a conventional deviated side track from Pg-8.
▪ Investigation of shallow oil recovery.
▪ Receive IPPC permit in full.
▪ Extend INA gas sales agreement.
▪ Develop other opportunities.
Parkeg1 my reference is slide 12, Investor Presentation, 7 March 2018 SR is to accelerate this further
Increase production from Pg-10 and Pg-11A.her
▪ Acquire permits to re-enter Pg-10, Pg-11A, Pg-7 & Pg-9.
▪ Prepare permit applications for Pg-6 & Pg-8.
▪ Pre-fracture production test Pg-6 & Pg-9 (no permit required).
▪ Assess the potential of a conventional deviated side track from Pg-8.
▪ Investigation of shallow oil recovery.
▪ Receive IPPC permit in full.
▪ Extend INA gas sales agreement.
▪ Develop other opportunities.
Targets for 2018 only one on hold is seek new opportunities outside as far as I know
Increase production from Pg-10 and Pg-11A.
▪ Acquire permits to re-enter Pg-10, Pg-11A, Pg-7 & Pg-9.
▪ Prepare permit applications for Pg-6 & Pg-8.
▪ Pre-fracture production test Pg-6 & Pg-9 (no permit required).
▪ Assess the potential of a conventional deviated side track from Pg-8.
▪ Investigation of shallow oil recovery.
▪ Receive IPPC permit in full.
▪ Extend INA gas sales agreement.
▪ Develop other opportunities.
Would be overdue week commencing 7th Aug IMO hopefully minimum of upside from Euro, gas prices and PG11a or it may be prudent to continue making modest profit to extend well life. When the go head for their work overs appear I expect they will be pushed and will see some real pressure.