Member Info for Mirasol

11 may 0.171 m. Cu m per day

12 may 0.17614

13 may 0.1174

14 may 0.1861

15 may 0.1711

16 may 0.710

17 may 0.1858

18 may 0.1844

19 may 0.1847

20 may 0.1706

21 may 0.1827

22 may 0.1274

23 may 0.1463

40 bopd....... thats bad even by onshore uk standards.

Doesn't cover uk salaries

I think ee're all bored of you both on this particular argument

You don't get $100 a bbl for venezualan oil. It sells at a massive discount to brent

TrollHunter2 Posted in: UKOG Posts: 2,295 Price: 0.0625

No Opinion

RE: Bigger Guns Turkey 23 May 2023 10:05

Exactly!!! They know the HUGE pool of oil is there.

The RNS says they only had a little gun available for the first try but they probably knew they might need a bigger gun if AME's own equipment was unsuccessful.

We just need to wait for them to source the correct stuff and then wait for the really fireworks to begin....imagine blowing a hole in a dam.....GUSHER!!!

Ocelot never claims to own any shares but also posts several times a day

Marunaman - I agree on your timings for FPSO2

On the increased costs yes they're up but at least we all know why - Trumps mad war that is affecting the whole world and every industry - an "unknown unknown".

What we need to watch are the "known unknowns" e.g can they produce the waxy oil as planned, is the reservoir model correct, will the mods on the FPSO be completed on time, will the drilling rig be able to perform as well the RKH original drilling did.

I think they're doing a good job so far on trying to manage those risks but until everything starts up there remains a degree of risk

"He's say Ocelot as a pay master!! its clearly him that as a pay master posting day and night on a forum where he holds no shares!!"

But ResRes - Ocelot has NEVER said she owns any shares in ANGS, UKOG et al where she posts several times a day

And I'm not sure why everyone keeps quoting "hong Kong" - the RNS said Asia - no-one builds FPSO's in HK

it's almost certainly Batam just south of SIngapore in Indonesia- or even S korea or CHina

"Seems crazy to me. Why don't they wait until the dust settles in the Middle East? That will not take much longer than the detour to Hong Kong"

No -one can guarantee when the war will end - least of all Trump. The Iranians know all they have to do is to keep turning the screws in the SoH and the world (and the US voter) will turn on the US and Trump big time. This could go on for years - look at the Iran-Iraq war in the '80's. NAV have done the right thing - sure it costs but it isn't that much in the scheme of things - and at current prices their production elswhere pays for it easily

Note TH2 was puffing the stock at 0.021 in November

It's now 0.0105 = 50% loss

You have been warned........................

TrollHunter2 Posts: 2,458 Price: 0.021 No Opinion

RE: So whats the game plan here? 12 Nov 25 Today 16:52

Game plan is simple. Buy as many shares as possible at this ridiculously cheap price before the government and large international partner shove their money in sending this through the roof.

It's all in the RNS's and public domain X/Twitter messages.

Next meeting with the government is next Tuesday, 18th November. Then budget announcements of H2 and job creation on 26th.

Partner announcement any time, depending on their trigger to sign the paperwork we're sure they've already penned.

Again evidence talked about in RNS's and interviews.

GLA

Just how wrong can you be????? :))))))))))))))))))))))))))

"So you've stopped on UKOG but continue on ANGS, when ANGS isn't even trading."

But Ocelot - you continued to post rubbish on UKOG while they were suspended for months - but that's different I guess...

after all, you're paid to do it

"And the war may never come to a formal end, the ceasefire simply becoming, over time, a more or less permanent one."

sounds like the share suspension here - massive damage, ongoing uncertainty and no light at the end of the tunnel.........................

Rampers arrive quoting a couple of days figures to PROVE that things are getting better - then they disapear.

Ah yes PPP - still unlisted and the other deal faded away without any comment. The chances that they'll be able to restart HH are negligble - the NIMBY's will be in full cry and backed by Mad Ed. There 'll be a shed load of court cases

I think this is for the knackers yard sometime this year - even Ocelot has to be paid sometime

I think you're correct ZYX

The only thing I'd quibble over is " PL001 group won't want to do much more than 2 - 3 Wells without also shooting more seismic."

They don't need any more - they have full coverage of the same seismic that is being used to develop Sea Lion - what they need is a couple or three wells to see if the plays extend into the their acreage and also what is happening in the W Graben

"Interesting that Navitas have asked for a 5 year extension to the PL001 licence. Does this suggest that they aren't planning to do much in the short term?"

Its not Nav who are asking right now - it'll be JHI (under NAV orders) and then ECO - NAV only come on the Licence as operator when they complete the deal and the conditions therein

probably thinking of a couple of wells

Any success will get them an extension to appraise

"In your views how many FPSOs would we need if PL001 and Sealion plus satellites brought into play?"

How long is a piece of string?

Depends on size & type of the discoveries, exactly where they are, the order in which they are drilled and developed, the FPSO market, the OP, the capital available to NAV, FIG's decison on how fast they want to deplete the reserves (remebering that Norway throttles back developments to smooth the curve)

Drinky

ask your AI gadget what the chances of the PI's ever getting their money back - and ask it for a short answer please..................