Member Info for mikemike

and no more DRAX

now that would be the ultimate Bilge cleaner

Less stress
Less worry

More Money

More worry
More stress

H2H

the well is already in place which is the biggest cost.

SO a jv will just spend on what is needed to 'crack the code' to get it to flow. far cheaper than drilling

pipster yes the reservoir can botty burp...stand well back if it does.

Then close all Bb everwhere

''The thing missing from your analysis is, the whole concept of 88es Alaskan play was conceived, built and financed on P Basinski and his toolkits uncanny ability to find commercial quantities of volatile oil in unconventional shale reservoirs. It was always the aim to prove up the unconventional and so the plan was all tailored to that end. With all the failure risks mitigated post IW1, the plan moved to proving frackibility and flow rates, in order and according to the plan.
The possibility of conventional finds was icing on the cake. From there the icing has grown thicker, and flow rates from the HRZ are proving a difficult code to crack, so focus is shifting in an orderly well planned manner towards the conventional opportunities uncovered.
The HRZ unconventional shale is truly a monster resource and recognized by leading edge experts as an exceptional resource, job done to that point. On this the first stimulation plan executed, difficulties have arisen. The next plan may well crack the code.
D Wall and the board are first class and the reason many have persisted through the low times.''

https://hotcopper.com.au/threads/ann-operations-update.4270323/page-124?get_post=true#.WzNRktIzbIU

If Carlsberg did Friday's. :-)

I would miss as i would be in the state of catatonic:))

Muscat
This is not all about 2019, though i do believe that is where the big money might be

I do not believe that Dw would use a legal document such as an RNS to raise issue of farm out for ICE2 if there was no underlying supportive reason. ASX rules are tougher than AIM and they have teeth.

We are looking at news for farm in for two conventional drills they will attract funding.

Permitting for a new JV well as announced Monday this week.

More news for Yukon

SOA to clear debt and put money in the bank.

Success of a JV may give more than enough support for the Q4 options conversion to add another 1$m to the bank

''JDW, who said Q2 end is another deadline for the PPA? The only deadline I read about was end Q1.

Page 19

http://kibomining.com/wp-content/uploads/Kibo_Mining_CorpPres-Update-24.04.18-Final-ver-3.0.pdf

Page 16

''Provision for near term expansion of the power station to at least 600MW''

Lc followed this by using the word ''extent'' in the related RNS.

Will Tanesco fail to deliver by end of Q2? with 40 extra heads being applied? Or is now a case of they cannot proceed without the cabinet clearing the SML first?

I like to think that the ''Tanesco power of 40'' will sway the day:))

davewin so you over invested in a one hole drilling success when it was a clear 50%COS

tell me who is the Moron.?

seahawk

if we do get on with a farm out it will be for 642 acres where the above ground story looks far better than the below ground story. i would be happy to see that work

then perhaps they can use the two western drills to go below the stacked conventional leads into the deepest part of the shale. Now that would be good,

Learnig to invest do not forget

''Post accurate information when it is clearly available'' does help

sweepstake for Friday PPA time?

me 10:00

Mc

his whole post justifies BB name Never learn

neverlearn

''What worries me is that all the holes they made are contributing to the flow back of fluid, but none seems to have hit any meaningful part of the great lake of oil that's supposed to be down there. '' this is shale not conventional and not even conventional has great lakes it is just not ''tight''

Seahawk fair question

todays RSN does mention possible farm out for ice 2, whether advanced enough to be probable, who nows"

As for pressure. looks like gas is flowing and flowing good. they just cannot seem to get the frac fluid out of the formation in decent quantities, for what ever reason. Once the Ff is in the bottom of the well bore the NL seems to deal with it easy enough.

More science and more engineering needed.

Reddington I think i now seeing 4 potential farmouts

2 for western conventional partner yet to be announced

1 for the new leases with Otto and Gb etc

1 possible for ice2?

Learning to invest your post has a significant contradiction

If they though that ice 2 is not going to be a success why would they talk about a farm in for it?

AIM4 why not read the whole RNS slowly when you get to the part about farm in for ice 2 stop, pause, think, read and think some more