Member Info for MatrixObserver

Thinking further... If implementing a failure clause, will probably result in a success clause being required, limiting upside. MO

Maybe could have put a share cancellation/reduction clause in the event that 3a Best exploration does not bear fruit, sort of warranty... Have seen similar in North Sea, but usually in development not exploration, personally, given the field's location and deep sub-salt prospects adds another string to CASP's bow... Time will tell if good deal or not.... Good luck all for a nice summer MO

LOL FK, 80 bagger.... now that would be something to tell the kids :-) Can see CASP in the low billions MCAP if all goes to plan... Timing of purchase is also important... Have been happily in ENQ forever, open offer, sat for years, then was pushed down to open offer levels and is now looking ok... Morale of story is could have got in 18 months later for same rise as many others did... Anyway, hindsight is exactly that. Anyway, let me go and check that bus timetable :-) ding-ding-all-aboard !!! Cheers MO

Is amazing... when compare to some companies on AIM Remind me how much bond/bank debt CASP have ? Also no convertible loans/bonds that guarantee mass dilution !!! To have all the above is quite rare in growing company. Lol, not that MO needs convincing :-) Good luck MO

Have held a few explorers, including CNE (Cairn Energy)... Have spent $10's of millions in H1 2018 part-funding some wild-cat drills and seismic in Norwegian North Sea, all have been "dry", is not a given... Is what exploration is about, and have learnt the best place to find oil, is in an oil field... 3a Best is a big area to explore, but for now need to focus on BNG deeps and MJF moving to production licence, these will be the game changer... Good luck all MO

Suppose you could say the "3a Best" deal includes not just one, but two $2m drills in the $24m price at today's SP.... Is ying-and-yang and ultimately your choice whether you buy any tickets, MO patiently waiting at bus stop.... MO would not want to be out over summer... Good luck all MO

Cheers DD Did not realise was already safely locked up in your cage, lol Just thought you might have fancied a feast on him, give him some Kraken ROAR, probably not, seemed funny at the time ;-} Hydraides and SK from PMO help make MO feel sane, lol Take care MO

Is +1m Chilts https://www.fxstreet.com/economic-calendar/event/bcf389bd-5fe2-4bd1-b1e0-d0b3910ba944 MO

Cheers E121 Also good for ENQ with GBP/USD of 1.328'ish More sterling received per dollar sold... Good observing all MO

Hey comeonvog MO likes CASP, quite a lot at this level... To give idea has got wells with 120+m pay intervals (Zama is 200m) Lots of neg comments on message board, but c'est la vie, hopefully will be a memorable summer, MO hopes is where the fairytale has a very happy ending... Is punt, but has ducks lining up for shot to the stars... Anyway, is MO's only CASP ramp... Good luck MO

Congrats to all PMOers.... Hopefully ENQ will join you soon... Best wishes MO

Have done some basic calcs regarding what can sell hedged versus not hedged... Say if can do 56k (do think will be a little higher) for H1 = 10.25m barrels produced... Have 5m hedged in H1 @ $62 (not sure if ceiling or have upside possibility) Approx 425k for pre-sold oil This leaves approx 5m barrels that can be sold at spot... Hope figures are correct.... MO

LOL FK Is good opportunity for some lucky person(s) in MO's opinion... Good luck, MO must have Spain on the mind... song keeps coming to mind... "Que Sera, Sera" MO

Where's DD ??? we need him :-) LOL all MO

Good post Moffa... MO of similar mind... If AB had not cleverly hedged 10m barrels @ $68 in 2015 for 2016, is possible ENQ may not be here now... Followed by putting his money where his mouth is for the open offer, which MO happily took part, this helped prevent potential massive dilution of debt for equity (see GKP). Has helped steer good ship ENQ through very troubled waters and times, had to focus on Kraken, other assets felt pain, this is now being addressed. Still think H2 is when the fun will really start... Good luck all MO

LOL.... Should be HighTrades... ;-} Think some calls recently made by HighTrades on PMO, reflects being higher than high when trading... MO, of course has no expertise in being high ;-} Good luck all MO

LOL Squif.... The world feels normal again... Must say, have been observing some other LSE posters, make Squif look like top optimist ;-} Ahhhh can rest again... Good luck all MO

Very well put FK... You're like poetry in motion... ;-} Those that always look through negative eyes can often miss what appears to others as superb news, is the power of perception. MO thinks bus tickets are at very attractive price, WHI note states 3.2p per share per deep at minimum, so could realise the three buses within a couple of months realistically... Don't forget that fourth bus just coming over the brow of the hill, what does it say on the front... Can just about make out "MJF" :-) ETA July'ish Good luck to you and fellow CASPers, have nice break in Spain MO

What's next... With "The Don" relocating to the Alma field (not sure if permanent), Kraken field is no longer real-time AIS but Enquest Producer and Alma/Galia field currently has real-time coverage. https://www.marinetraffic.com/en/ais/home/centerx:2.780/centery:56.188/zoom:13 Looks like TL still has a bit to do at Dana's Western Isles development, is due to be finished at some time during June, will see anchor handlers and tugs first, no sign yet. Imagine will take at least a week to relocate, then need to setup... Not sure how long to fix Alma, but TL is due to finish in Q3 before relocating to Kraken for DC4. Good luck all MO

Cheers YJIR... Is good to see CASP doing some promotion via twitter also... https://twitter.com/caspian_sunrise?lang=en Definite "air of confidence" around.... Good luck MO