Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
This week and things will get exciting for RMP
Biggest high impact well this year
The upside here is huge!
Well worth a punt here especially due to Huge billion barrel plus oil discover right next door
Armstrong was also targeting 400m barrels but to his surprise its 3x bigger.
By early March for Colter
I would say 40p-70p base on oil or price being around $60 and 126m barrels net to Red Emperor.
Is looking good.
Fantastic to see rig is up and busy. Perf by end of week is looking very good then turn on production tap.
200m perf must be a UK onshore biggest, I am just so excited to see the potential of this well.
A very high chance of success here with a mirror image of HH next door.
Next week should start seeing tankers comings and goings
Looking so ready to breakout now!
Could see 15-16p by end of week IMO
Big buys coming in, momentum is coming back, and has caught out many that did not think perf and rig would already been on site.
It’s happening, we know oil flows at HH and we are right next door.
I am targeting £250m Mcap here in next few months.
Once first well flows then it opens the doors for at least 2 more well to be fast tracked.
But we have permission for 6 wells here.
Game on.
Pretty much arrived.
Workover rig and perforation tubing spotted at site on Twitter by the good folks.
Next step is to lower the perfing tubes and open up the kimmeridge fractures to allow oil to flow to surface.
So I would say oil flowing by end of week.
Tanker spotting next week.
Risky has been spot on with what’s going on so far.
600bopd - 4000bopd is the potential here with this well IMO
We have permission for 6 producing wells at Brockham.
Vonks states that if this first well flows then 2 more wells can be quickly and cheap to be sidetracked into more prolific zones, whereby increase production rates.
Our Mcap is still very cheap for the upside potential of immediate cashflow.
Angus has jumped through all the hoops requested to get to this stage and on the verge of production.
Let’s see if Brockham can break onshore Uk flow rates
30p+ if we get record rates IMO
Good luck all