Member Info for mallye

If TXP are not playing cricket with the brown envelopes then introducing significant delays with approvals allow some to benefit by buying cheap shares. It is clear to all what happens with share prices with delay after delay.

May be time to recall Dr Trice to get things done and boot the hangers on in to touch!

What's 'the takeway' with Coho and Casc PB? apart from the fact that TXP desperately need to improve efficiency.

What happened to the second lift which was expected in June. "A second international crude lifting for a quantity of at least approximately 52,000 barrels of oil produced from the Company's 22.5% working interest in the Sidi El Kilani concession (onshore Tunisia) is expected to take place in June 2022."

Paul has @ 2million shares, so it would be in his interest to get things moving in Txp instead of scratching around for pin money accumulating positions in a plethora of other companies/institutions etc whic may caress his ego but distracts him from the main event. Get a grip Paul and see the big picture, or move aside and let someone else more focused lead us to the crown jewels.

Maybe they need to sort out their contracts with suppliers. Big bonus for suppliers for completing work ahead of program and likewise a big penalty for running over. Alternatively, replace Paul with someone who can control contracts properly and make things happen. It is clear that he cannot.

123p on 20 April 2012

Wind direction is ENE from the met office so the flare will be blowing in the direction of the pond which will then be reflected from the water, so it looks about right to me. Great spot Shell guy!

QUESTION for our resident oil drilling specialists. If there are multiple potential oil layers to drill through, and oil is present in any one layer or all of them, at what point would they flare the associated gas, if at all wrt the current well, and for how long. Would it only be flared if they carried out flow testing? Have Exxon flowed all the successful wells to back up all the estimated recoverable resources?
Thanks in advance. Mally

Italian prices appear to be way lower than the UK. From the BBC this morning. 'On Wednesday, British electricity prices for the following day jumped by 19% to £475 per megawatt hour (MWh).'

Italian prices appear to be way lower than the UK. From the BBC this morning. 'On Wednesday, British electricity prices for the following day jumped by 19% to £475 per megawatt hour (MWh).'

Note what what was stated in the last RNS 'During Q4, the 205/21a-7Z well ("7Z Well") was produced on its own for 25 days, including periods at relatively low rates as part of the reservoir evaluation process. This resulted in lower oil production and a higher average water cut than observed during Q3.'

If from 23rd Jan the 2 Wells are flowed to produce 20,000 barrels a day and the offload is similar to the last one, we should expect the next tanker in 20 days @ 11th Feb or thereabouts. ATB.

Adoubleuk, I believe the 400,000 barrels is solely from the 6 well if I am not mistaken. ATB.

Top man Amaja! ATB, Mally

Perched/stranded water is just that, random pockets of trapped water scattered throughout the fractured matrix. Some pockets will be larger than others and as the the oil and water is syphoned off the percentage split will vary with time on both Wells as near water pockets are depleted and new ones further away are forced into the well bores. Some areas will extracted will be more oil rich than others, i. e. fewer pockets of water. What will always be uncertain is the overall percentage split of oil/water at any one time, so the overall estimated 5 to 10 % water cut will only be confirmed when a lot more oil has been extracted. I believe it has been stated somewhere that the perched water has a different fingerprint to that of the water below oil contact, and if so this should be conclusive, as Dr T appears to be saying. This is how I see it from what I have read/digested. However, I am no expert and the above is just my opinion, from a common sense perspective. Please correct me if any of the above is a load of codswallop. ATB

BS, What's the latest from Aces Bar? ATB

Looking at marine traffic, it appears that the ducks are lining up for the dst (bwtfdik) . Hope I'm right and and the northern lights are outshined! GLALTH's fingers crossed.

What is surprising to me is that following the Jethro discovery, Tullow/Total and Eco must have had a reasonable idea that the oil was heavy before they went on to drill Joe, in which case why did they if there was any doubt about it being commercial????? Answers on a postcard.

Just wondering if the Tullow boys drink with the Eco boys in Ace's Bar?