Member Info for mikemike

BANJO For me the take out is that once again the assumption is that EV will take over the world sooner rather than later when there is no infrastructure to support it. The idea that the oil market will decline in early next decade when they know that the last 4 years has not seen exploration to support the present market projections, seems odd. I suppose the delays on what was once considered front line upside projects now getting reviewed is interesting in itself. The length of time to get to oil in a barrel is truly amazing. 88e may be in commercial production before those guys who kicked off in 2010!!

https://www.msn.com/en-gb/money/news/oil-producers-face-their-%E2%80%98life-or-death%E2%80%99-question/ar-AAyPWr8?li=AA54rU

Yes and that they would have to be prepared to compete, which means more are interested. very positive

because I am not a market maker would probably be the best answer. Once they have popped the two conventional drills that may then be the answer

For goodness sake i think some of you are just trying to be failures If there was an adverse leak, do you think this would still be as high as todays SP? Of course not it would be a savaged price back to below the .08 achieved after the winter shut down. That it is not tells you want you need to know about leaky ships. Even if ice2 does not deliver there is conventional to aim at which has leads of 1.2bb which at $5 a barrel is $6b that is about 75p a share. Shale is not going to be given up. they will try more on the west wing where the shale is deeper with higher volumetrics The above is the worst case scenario

dogstain.... no idea I did not write it. It was a copy paste

The only thing worrying me now is how do I continue to stick to my golden rules of investment mix. resistance here could be futile if this drops some more!!

If it is a shorter attack, they are clearly high risk takers.

bel, once again that is your opinion, to which you are entitled as are others. Your interpretation of opinions is good for you.

will1734 why not research what the mm do and do not do.

CF73 yes just trading

will that is a very sweeping statement. you have no idea what others do or do not understand. trying to deny others the opportunity of trying to understand is a very sad state of mind.

will1743 not sure what your point is the mm just manage the algos so they make a profit

bcl42 I agree that 6 transactions of this size has no bearing on the big picture. Just interesting that 3 buy transactions matched 3 of the 6 sells including the 12£ fee

Will1734, Only the below average every day investor should ignore doing basic research. pays your money, makes your choice.

If the oil launches itself out of the pores it could damage the 'play'. this will have to be very carefully managed. from Healyn on HC ''This may be helpful in understanding on choke size strategies. https://www.onepetro.org/conference-paper/SPE-178973-MS I tend to think DW's team know all this and more with regards to IW2 and are doing what is necesssary for a successful outcome for the company and for us.''

I just looked at the buys and sells, Anyone else got a view of what happened?

Half of those 5012 were bought back. i still think mm are playing games knowing that there is a great opportunity on the horizon.

S4almo the whole point of the choke is to get the oil out!! get the oil out without damage to the pores and to removal of the proponent. If you do not manage the choke, you will get no oil

Bel that is your opinion to which you are entitled. i would welcome another view possibly from Garry re use of choke and potential interpretation of consequences. Nothing like too much information.