Member Info for moda

Harvey,think a good comparison would be gas find around point Thomson by Exxon Mobil.
8tcf of gas there represents 25% of all gas on north slope.
for that amount they invested a production facility that can work through 10.000 barrels of condensate.
here is link for more details.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.hydrocarbons-technology.com/projects/point-thomson-project-north-slope-alaska/&ved=2ahUKEwii0N6BoJXpAhWUrHEKHSmEBZsQFjATegQIARAB&usg=AOvVaw3hs9ClmyYU0SS7KiHhp2UV

https://t.co/0yXDcOFw5V?amp=1

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.cnbc.com/amp/2020/04/30/conocophillips-ceo-says-were-on-the-lookout-for-acquisitions-as-oil-prices-stay-under-20.html&ved=2ahUKEwjtr4ipg5HpAhX8TRUIHSSDBDUQFjAAegQIBBAB&usg=AOvVaw01zt8v_EpNKb9P42hbH9MN&cf=1

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.ogj.com/general-interest/companies/article/14175044/conocophillips-posts-17billion-q1-2020-loss-increases-june-curtailments-by-195000-bd&ved=2ahUKEwiFtPmO7ZDpAhUvQEEAHRCHCq8QFjAMegQIChAB&usg=AOvVaw3NBamvxn6h-8of1rEnOrmD

c/p in alaska completed 2 well to appraise willow discovery.
they did 1 well test on harpoon prospect (not sure of any result ), had to stop winter exploration program to minimise
covid19 risks.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.ogj.com/general-interest/companies/article/14175044/conocophillips-posts-17billion-q1-2020-loss-increases-june-curtailments-by-195000-bd&ved=2ahUKEwiFtPmO7ZDpAhUvQEEAHRCHCq8QFjAMegQIChAB&usg=AOvVaw3NBamvxn6h-8of1rEnOrmD

https://www.reuters.com/article/us-global-oil/oil-prices-rise-amid-early-signs-of-fuel-demand-picking-up-idUSKBN22C088?rpc=401&

conoco Phillips will be doing a first quarter conference call today where they are expected to announce details of their alaska operations regarding production & exploration.

https://youtu.be/XzddBClakvs

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.energy.gov/fe/articles/project-aids-development-legacy-oilfield-alaska-s-north-slope&ved=2ahUKEwirtM3J543pAhX8QEEAHdV3Ah8QFjADegQIBxAB&usg=AOvVaw0sPoag6I3zkN0ZUML0vxr9
report is from 2013 but a little bit of history of umiat oil field.
this was before willow discovery in 2017

https://markets-businessinsider-com.cdn.ampproject.org/c/s/markets.businessinsider.com/amp/news/oil-price-will-jump-115-percent-by-end-of-year-2020-4-1029137604

https://api.whatsapp.com/send?text=XCD%20Energy%20appoints%20Alaska-based%20oil%20expert%20as%20advisor%20to%20board%20https%3A%2F%2Fsmallcaps.com.au%2Fxcd-energy-appoints-alaska-based-oil-expert-advisor-board%2F

flexmw,I think its unfair to categorize eric opstad in same breadth as Greg bandy.
opstad's wealth of skills & experience is very much in demand on the north slope. you only have to look at the companies he has been employed by.
personally, I am glad he is on board for his connections in the o&g industry.

https://markets-businessinsider-com.cdn.ampproject.org/c/s/markets.businessinsider.com/amp/news/oil-price-will-jump-115-percent-by-end-of-year-2020-4-1029137604

anybody know how much low cost drilling would be for a well?

conoco Phillips "harpoon prospect "is 15km n/w to the newly acquired "harrier prospect "leases.c/p had intended to drill 3
exploration wells on "harpoon"but due to downturn in events,
on March 18 announced it would review its capital spend.
however, on April 30 (this week )it will hold a q1 earnings conference call to provide details of its Alaska operations.
so any further progression of the "harpoon "project will raise the profile of the 88e newly acquired "harrier project ".

xcd 2 nanushuk plays of peregrine & Merlin are estimated to have just over 1 billion opb.
these are 2 shallow stacked play's which can be a low cost drill
down to depths of 3400 ft & 4300 ft respectively .
these 2 wells will are 65% of prospective oip.

xcd have nearly 150,000 acres on north slope around npra region.mainly nanushuk & torok basin plays .
their market cap is just under 2 million aussie dollars

I think dave wall is one of the highest share holders there.
will try to.find out more

just seen it oh h/c.any thoughts ?

shaa,its,interesting what el al posted regarding above lng facility company. wonder if dw is aware of their capabilities ?