Member Info for Mirasol

I think we all believe there was something odd about SEL's involvement here

"There's a concerted effort to get shareholders to sell on this bb today"

Yeah Adrian - we all know you desperately need 2p to stay alive

ANGS are planning another Raise soon - this may be the best we see

" do not fully understand what it means to have reached bubble point'

The oil has gas dissolved it it. It stays in the oil until the pressure drops to a point known as the Bubble Point. Below that pressure there is a risk that the gas will start to come out . If it does so in the reservoir it may migrate locally into the higher spots in the reservoir - as these gas pockets get bigger they may cut off oil from the producing well bore.

Good practise is to avoid dropping below BP as far as you can - it makes life much tougher as time goes on and can possibly be fatal.

There was a small field in the Shetland area where this happened big time in the '80's

"would someone here consider pinging an email to the relevant dude in HUR and just plain asking a few questions on our behalf? "

Anyone in any oil company answering questions from a shareholder without Senior Management authority would be fired on the spot. Its formally insider trading.

".£16 million, or 1.5p per share. And to be paid entirely in paper. "

Well I posted that the average premium was 30-50%. I thought there'd be some cash involved tho'

Now anyone can come in throwing even more confetti at us - UKOG anyone?

"No more replies from me"

If only... is that a firm promise?

" the caverns are MEGA MASSIVE"

i suggest you go away and sign up for a basic geology course - there are NO CAVERNS at Saltfleetby - it's a fine grained sandstone my lad - Checkout t the Geological Society of London Memoir 20 and Tony Hodges paper.

"800,000,000 cubic metres storage "

BV - what in heavens name are you talking about -

"Hear, hear, HH1AN2, I, too, appreciate Adrian's efforts."

Does that include his non-stop posting under false names on here Ocelot?

"I stay focused.""

You have to -only one outfit will pay you...........

"RT. I don't just think it's the gas, the Saltfleetby storage is massive."

In all those salt caverns you were raving on about earlier BV? In sandstones...... :)))))))))))))))))

"Makes me wonder just how MUCH Gas is actually down there. Has it been wildly UNDER estimated perhaps ??"

Of course ! Roc and Gazprom/WINGAS got it all wrong and lil' ol' Angus , famous for their fantastic achievements such as Brockham, Lindsey, and Balcombe have got it right......................

Me han ofrecido un trato maravilloso en España.

SSS (Senor SS)

" I'd like to think Sam, Harbour and Navitas are in confab as we speak, ok maybe not sat around a table in the Falklands "
Why would anyone sit round a table in the FI when their HQ's are in the UK & Israel. What benefit does that bring - other than to the RAF and the hoteliers (both of them ) in Port Stanley?...............

The Curse of UKOG -affects everyone.................

, Tullow can they be interested.

they got out of the Onshore way back when they sold the Pickering gas fields - no interest in Onshore UK since

Saltfleetby is TINY compared to any thing offshore

Any production from Loxley is 2024 or 2025 - they'll need 2 wells to check it out and get the size right given the depth conversions issues

"maybe tomorrow? or the day after?"

I can't see why - we all HOPE the lawyers will issue a decision but past performance indicates it takes a lot longer than anyone thought and far longer than anyone wants to wait.

"First among those alleged six will IMO be any party on the other side of the existing loan and hedge agreements."

They'll have to have, or retain ,, an Operating Capacity too meet OGA rules & regs