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FD20, Do you think this may have resulted in the delayed drill?
If so it would seem that all contingencies would be put in place ready, Equinor will have drill a few dusters in its days, so therefor would not take anything for granted. However Surprising
Ajax, it says Mid Year on this one
https://www.offshore-mag.com/articles/2019/03/equinor-drills-follow-up-well-on-north-sea-verbier-oil-find.html
Additional resource potential in a deeper horizon beneath the Verbier discovery has been identified through Equinor’s operations in the area, and will be considered for future drilling following maturation from the new seismic data.
https://www.offshore-technology.com/news/equinor-verbier-north-sea/
Could this be the meaning of Preliminary Observations?
Rovers
It doesnt, and this is why i suspect you are deramping, and the fact that the only number you mention is 25mmboe sort of proves it.
It says the figures will have to be revised to the lower end estimates towards 25mmboe. Meaning anything between 25 and 68mmboe.
It then states (or means) that even if it was 25mmboe then they believe it will still be commercial.
It does not Ever state, in your words. "There is only 25mmboe in the well"
39
Rovers
I meant it when i said it "Good luck" the money i have in here is obviously not as great as the money you lost.
I cannot see how they could be prosecuted for declaring anything less than 69mmboe as that is what they have now revised in their RNS. Secondly they do not call the shots, Equinor do.
A little clearer
Rovers
I meant it when i said it "Good luck" the money i have in here is obviously not as great as the money you lost.
I cannot see how they could be prosecuted for declaring anything as anything less that 69mmboe as that is what they have now revised in their RNS. Secondly they do not call the shots, Equinor do.
Rover66..
You do know that anything less than 69mmboe is the lower end towards 25mmboe right? A Monday RNS could put this at 60mmboe which could take this to £6 or announce they drilled further and discovered.
I wish you luck as you sound like you have been hit too hard.
LONGWAIT
I dont think so, its not that easy to work out though, ill do a paper exercise lol.
But dont forget the £4 was for Verbier alone and nobody seriously knew how they would fund the rest of the exercise ie this drill and cortina.
On the plus side though cortina is now much closer to being drilled than it was 2yr ago, so that said i dont think its possible to do a paper exercise after all.
GLA
Also Rover66 told us he/she sold out in Feb and nice and calmly told us to do the same which is not long before the drill started, weirdly enough.
Now he/she has sold out again and it must be true because it was at 08.01 so therefore we should take his/her advice and jump ship too. That would certainly "Suprise" Jog if everyone pulled their money out, and it will teach the greedy man (with a chin) a lesson too for having Jog in his bucket list.