2 minutes I’ll just go and warm up the crystal ball.
But seriously folks the reasons will be varied, you just lump it down to a single grievance. AJ will be thereabouts insofar I don’t think there will be many actual PI sells going through at the moment.
What's the crack with Hydrogen generation then Goliath? Not something I know a great deal about, appreciate there's a colour code for environmental impact of generation but not to sure what opportunities would be available to Block and the size of the market?
Average to poor historical performance of drilled wells. This could change to average to half decent or poor to major disappointment. Let's hope 16 does the mutz after rehab and SP installed.
Combined 1-1,200 from next two drills based on seismic, better team/kit, and 3rd party support then we'll see some proper action RL. Half that or worse then I can see further subdued action, double that then we're on the dance floor and I'm asking.
VJAS, to me it seems like past mistakes have been learned. Look at the production team that’s been assembled, the 3rd party help on site at the drill bit. The faith a multinational has placed on success and a campaign driven by 3D for optimum flows to current infrastructure to cost. I can’t see how another CEO would of set up differently?
Anyhoo, regardless of who’s at the top it’s now what’s at the bottom that matters. Good luck all, good luck.
Fair play. Tough year, but if you compare where we are today to last year it’s a much more mature performance with a 3 we’ll campaign that’s funded, looks robust based on the data with an excellent team and partner in the field. Well done lads and lasses, onwards and upwards.
Fair play. Tough year, but if you compare where we are today to last year it’s a much more mature performance with a 3 we’ll campaign that’s funded, looks robust based on the data with an excellent team and partner in the field. Well done lads and lasses, onwards and upwards.
I still don't think we are fully in the picture in regard to the asset and the higher risk opportunity. They have held 3D data really close to their chests and have engaged outside help to look at all the historical data. They've been canny with the current campaign, it's all about attaining that mid-tier production status. Cash generated means they have a bigger input/slice of any farm out. This is why I'm here and as much as I respect MP and his 8p if we 10 bag from their then I'll consider cashing in (I've told myself a quid is greedy).
Geo. Here’s some more facts for you to ignore, adjust your plugbutt and try again in a few days time (I’ll be waiting for you).
It’s all about the water is it?
Block XIB
180 million barrels
Peaking at 67,000 bopd
That’s OIl. Clear??
2 and recent 3D seismic available which shows sweet points to negate water ingress.
Block IX
38 Legacy wells to go at.
Visible oil seeps. That’s OIL.
Anyhoo Oldlogger gan and do ya own research, I’ve got bugs to squish.