Member Info for MCB55

A good interview, but disappointingly no mention of OTC listing, which surely is imminent. There must be an update on OTC listing on 21st AGM.

There should be a Q4 Corporate Presentation update on 1st October.
This will no doubt give us not only the latest Lancaster production figures, but also an in depth analysis of the Lincoln drill. The Lincoln result due mid Sept will give us the basics, but not much more.

Biffa,
Lincoln spud was 12th July!
So 8 weeks is 6th Sept, but is 8 weeks the consensus duration?

FS22,
"... very commercial rates from LC around 19th..."

If you mean 19th Aug, that is only 37 days from spud....surely too soon, more like Sept for results, but maybe indications before then?

Divecentre,
Thanks for that, sounds logical!

oops downholers

To all downhillers/geologists,

Although I am an oiler, but topsides production/engineering only, I am still not completely clear of what "below structural closure" means.......anybody care to enlighten me?

A187,
Remember that RP has 12 m shares in the company, it is very much in his interest to maximise the sp. he will earn far more that way than from a bonus!

The Schrader family will give RP more of a hard time than a few investors at the AGM and he may well respond better to them anyway! Hopefully they are not too worried as they are on the inside and see what progress is happening at first hand.

Of course you can, if you attend AGM.
The bonus should have been tied to the sp.
However not sure that is a good idea now though, as the upside is hopefully very good!

LW,
No the sp would certainly be higher if WD had been successful. Maybe 68p peak, but profit taking would have brought it back a bit to say 60p though.
The failure of WD has cast a doubt over proceedings, especially to non oilers.

I think those targets will be easily met, it is just a matter of when! This sp will only move now on good news, when the black cloud that is depressing the sp will be lifted. That is on a successful Lincoln result and quarterly production figures.

OSG, Ok thanks, just shows you miss things when you quickly scan!

OSG,
Where did that come from?

Are we expecting the AGM on or about 21st August and a major rns update on the day?

NT says so much going on ".....in the weeks to come...." ! So that means August then!?

Ok I see that, but was expecting a bit more high profile publicity, and still think that will happen, don't you?

Anybody got any ideas when Zoetic will "launch" officially in both UK and US? Presumably simultaneously and with some serious fanfare/social media/PR?
Surely it must be imminent, August anyway?
Even an rns stating a launch date would be hugely beneficial to the sp.
Or will they wait for an OTC listing?

CH,
Cant see HNR or Zoetic on the exhibitor list at the moment......where did you get your info from?

When will HUR be considered an oil production company and be valued as such? That is a forward P/E of 15+. So by 2020 with 20000bd and say $45/bbl profit with little or no tax (due to c/f operating losses) then at a P/E of 15 the sp works out at ca £1.5 ! That is not based on 2P reserves only on profit.
Any thoughts anyone?