Member Info for Maladoni

Personally I don’t follow the same logic but it doesn’t mean you aren’t right with regards to the share price. A 4p rise in the share price nets 2 parties in excess of £1m each from current levels. How much corporation tax and personal tax taken from profit then wages would need to be generated for a similar return? And if that’s the case then they fully believe Block will be a long term cash cow. I can’t see under those conditions how they could keep a lid on the share price but I’m open to be educated.

rxdav. I’ve had similar thought patterns. Break even and out. However if we get to my average then I think we have the chance of a good bag because it means success in the field, cash in the bank and hopefully a future farm in. I think I’d sell a modest amount and take the family to the Caribbean and hold the rest. Good luck with your endeavours.

As per thankee Sea.

You can run a CBM Simulator on a PC. Great for Football Director, the grandad of Championship Manager.

Paul does Rustavi. Few blows in that one.

* well

Right enough of the crack pot theories which does my head in. It’s just noise.

Anyhoo if this we’ll was named after a film what would it be called?

- Blow Dry - ah howay
- When the Wind Blows - whey aye

What else. Remember kids it’s just for fun and not investment advice.

Tony, I agree. If the pressure is high then they’ll want to maximise production against well integrity. I’d rather this phase took a month with cash hitting the bank than the roof falling in because we rushed to get this too market.

As long as it’s BEFORE the weekend then #BLOE****doorsoff****

Just need Degsy to pop his head round the door and we’re full throttle rampety ramp. Long over due mind, patience is a virtue.

Oh and I’m pretty sure a gas user that size would hedge their gas (not like this hasn’t been coming for a while). It’s likely they’ve been incentivised to stop production due to the shortage.

UK energy market is in an absolute flux. Interconnector fire this week, gas shortage, OFGEMs TCR review it’s a perfect storm. Lock in if you haven’t already.

Thorndon, if it’s 1,100 on the smallest choke I’m headed straight for the padded cell.

Amazing isn’t it. You can post facts that are in the public domain and entire threads get deleted. Yet you can accuse the CEO of embezzling and insider trading and the head is turned. The hypocrisy of this place never ceases to amaze.

Do you want to go to jail?

Geo, another way of looking at it is if the next two wells exceed expectations then the program will be accelerated. But we all know which side you butter your bread.

Yes GOGC can’t have it both ways surely. Cost will be above original negotiations soon. They need to incentivise Block to do the higher risk high gas plays if they are going to impact import deficit.

500 bpd gives around $3m per year which means the drill is paid in one year. Anything North of that over the next 3 drills will see a lovely rerate and be a good leg up for the medium lying fruit. That’s oil, bit of gas helps too. So aye, they must be nice and confident to get cracking on B already.

3D will of helped with the water, packers already down.

Looks like big changes could be coming (US regulation) so if you have any coins my friends do a bit of research.

Geo, all the grown ups got their hands on the “out of the blocks” PDF which lists all of the data you need for the current drilling campaign.