Member Info for Mirasol

heid "I check back in here but do not see a trade at the moment, sadly."

CAUGHT!! It;s a bank Holiday here Heid - not sure what is where you are in(in India perhaps?) but you clearly aren't here - and you're conversion to a deramper fools no-one...............

I will enter 10pTymers at 3000 bopd total - we now know he's actually Double headed Crook who forecast the same for Angus at Brockham right up to the point when they pulled the test..................

"who's to say they don't miraculously start pumping more"

Miracles are the stock-in-trade of the Archbishop of Canterbury (admittedly once oil field trash himself) - not Mark Abbot

Poster HH1 HH2z Total
Scallywag3 620 820 1440
Sting69 560 650 1210
Ibug 400 500 900
Mirasol 400 400 800
Ohmetoe 780
Tetrolite 360 410 770
Profit00 320 380 700
Skwizz 600
Capt. Stanley 250 320 570
Penguins 450
Backwoodsman 400
Mickybee 1

Total
Max 1440
Ave 718
Min 1

"Mirasol : recorded mine wrong, should be. HH1, Portland 320 - Kimmeridge 300 - HH2, 820 = 1440 UKOG = 1,238"

Scally - I'm not asking peope lt o break down the Portland/Kimm split in HH1 for 2 reasons

1. It just adds more numbers

2. they won't be be able to tell accurately without running a PLT regularly - mixed flow will be that - and will almost certain;y come through one gauge I understand.

Net UKOG is a very important number but TBH it's one anyone can calculate - SS tends to give the headline gross flow numbers only anyway

Thanks Ocelot for those links - hadn't seen them before - I guess ERCE are the descendants of ERC - who were big in UK consulting wayyyyy back?

Poster HH1 HH2z Total

Scallywag3 620 820 1440
Sting69 560 650 1210
Mirasol 400 400 800
Skwizz 400 400 800
Ohmetoe 780
Captain Stanley 250 320 570
Penguins 450
Backwoodsman 400
Mickybee 1

Total
Max 1440
Ave 717
Min 1

"not if they are forward selling the majority"

They'll have to prove it produces at a forecastable rate to forward sell

I remember a major oil executive from the States saying:-

"oil is very odd product. If the world price is $ 50.00 a barrel I can sell an unlimited amount if I ask $ 49.99 and I can sell none of it if I ask for $ 50.01"

The problem for EDR and its partners is the amounts produced are very small - that limits the absolute upside I'm afraid. But it will still be better than where we are now.

"which one first?"

As discussed below I'd bet they go for the HH2z first - they don't want to risk screwing up their producer before they have a second string to their bow.

Poster HH1 HH2z Total

Sting69 560 650 1210
Mirasol 400 400 800
Skwizz 400 400 800
Ohmetoe 780
Penguins 450
Mickybee 1

I don't know rogan - the optimists aren't backward in naming numbers either IIRC

I'll just keep a running total and see how it comes out.

I could spend the Bank Holiday paging back to see what some have already forecast but that really would be a bit naughty , don't you think...........

That makes sense roganjt - get HH2z flowing BEFORE buggering about with HH1 - they'd look a bit silly if they screwed up the HH1 well and then HAD to make a success of the HH2z......................

"Basically give investors the information they need to start to assess the value of the company"

Agreed - but NOT WELL RATES - we need total forecast PRODUCTION TOTALS - Angus pulled the wool over everyone's eyes at Brockham using rates. AS you see Penguins - they have the numbers in the FDP - it doesn't take any work to share them. Then we can judge if people deserve bonuses or not next year.

"But the wise are buying your cheap shares"

We're fine boys & girls - Gandalf, and the Fair Eleven Folk of Lothlorien are buying in

Off and running:-

Poster Date HH1 HH2z Total

Mirasol 23-May-20 400 400 800
Skwizz 23-May-20 400 400 800
Penguins 23-May-20 450

"Whats is everyone's hopes and numbers on a rns of increased production? "I

rather than the usual Ramper/Deramper arguments let's just have a sweepstake - as we did withe share price last year. I'm happy to moderate it .

What will UKOG state as actual, steady state, production from the HH1 dual completion and the HH2z Portland in an RNS?

I'd be happy with:-

HH1 - 400 bopd from dual completion
HH-2z - 400 bopd from the Portland

Over to you folks!!

I think it'll be Ok in the medium term - Getting Wressle on stream will do something an- the big potential setback is Shell not taking up the options offshore if the oil price doesn't come back

"Hopefully the start of the interventions to significantly increase production.. including commingled kimmeridge oil flow from hh1.."

That I think is a reasonable hope we can all subscribe to - increased production is a key to turning this share around and ensuring any form of long term recovery here

"So you got it wrong. Get the fact right before posting crap. Anyway why are you here are you even invested?"

I don't think you're either the Dalai Lama or the Archbishop of Canterbury 10p -sorry taxis.