Member Info for mikemike

pipster The well was shut for winter because it did not flow as the imbibe did not work for whatever reason. If the imbibe had worked oil would have flowed out of the pores and being less dense than water and frack fluid it would have flowed...warm flow. In that event the well would not have been shut in for the winter, The flow test would have continued. They do not understand why the imbibe did not work. If they thought for one moment that the imbibe would not work they would have planned that well at that time with Nitrogen AL....they did not the rest is history.

Seahawk i am down for 221bpd in the sweepstake. I am trying hard not to ramp, i could be failing

The spread may be artificial. Place a Buy or sell at the price you want within the spread and the MM may just bite.....then again they may not

''that isn't why we shut for 9 months though'' Is it not? The well did not flow despite being imbibed...this was unexpected. trying to persuade the well to flow after this failure ran into a 9 month winter shut down. Has the extra soak time been an advantage to the imbibe process. brom has already posted Dw answer to that

Dw has already suggest that the imbibe has not worked, otherwise the flow would have happened..

''Steve said at AGM that September most likely.'' Which is why I sent him an e-mail as todays RNS suggest more work done on the sea bed. If and when i get a reply i will share

Not August? I am very much half full or I would not be invested here. I do not do Rose coloured pecs. No time for rampers and de rampers. Just try to be realistic, especially in O G and mining etc. "Corallian Energy has entered into a letter of intent (LOI) with UK based drilling contractor Ensco U.K. Ltd for the provision of a jack-up drilling unit to drill its Colter and Wick wells. Within the LOI the parties have agreed, subject to approvals and consents, headline terms for a suitable unit to conduct drilling operations in Q3/4 2018." RNS 15/05. Apologies no mention of august and we have clarification that it looks like Q3 and may not be Q4

excellent news, still on track for Q4, may or may not be August as first stated.

11/6 ?

The lock up like BS is now gone In saying that the requirement to be sensible and prudent with offloading is a no brainer.

we will have a farm out not in I would expect to see a bigger rise as we already have the 3D

SGB I would like to think he would not want to offload under 12p. the license being issued plus meaningful discussions with the TG and us having a special relationship could be good.

Katoro floated at 5p pending mining licenses being issued. The delay in issue of said license is now at an end, hence no pump and dump just a restoration of initial fundamentals. Yes there is more work to be done to ensure that the TG and miners can work together better than they have done in the past. The BOD here have a good track record of being a preferred partner for the TG.

Our 58% holding is looking better by the day. I do not know what price LC has in mind to start unloading Katoro to push on with restructuring Kibo as pure energy. What I do know is that it will be a huge benefit to any future funding needs that Kibo may have. Wonder what he has planned for Hanetti?

Del No problem I am very optimistic here that is why i hold here and a far larger amount in an alaskan oiler that Dr SS is a BOD member and responsible from bringing home the Conventional. Sadly i was not in Cove energy. Equally happy not to have been in Fastnet O & G!! UPL will be a monster, not sure of the timing.

EIA should just report surprise!! It is always a surprise for them if stocks fall or rise! As US is now exporting more than ever and taking far less from venezuela there will probably be a trend fall to under 300mb during this driving season....with or without hurricanes.

Ty looks like a farm in.not out in exchange for undertaking the seismics. Not too sure there will be any price sensitive similarities

so what are the similarities?

Yes, I am aware of that what we do not know if this was an over run that had been anticipated in terms of timing and value. I am waiting for a response to whether there may be a delay due to more work needed on the seabed survey etc

Del Boi i am very much aware of the loan facility. I pointed out at the time that share muppets had wrongly classified this as a death spiral arrangement. Now if you had done any research you would know this. Equally the loan looked very much geared toward Sarawak usage not Wick. i there anticipate that the extra costs for Wick will not come from this loan arrangement. Do you really believe that the existing funding arrangements have included the extra finance that may now be needed for Wick? On the basis that time is money ''and the requirement for a more comprehensive seabed survey.'' I am also expecting a further RNS pushing back the August drill date. Research, ain't it wonderful. I have pointed out before and just as you are hard of learning. I am invested here and believe UPL will be a monster. perhaps not in the timescale we would like. Nor can this rule out further placings/dilution to achieve this objective., for