Member Info for MrMarkyB

They know what’s there and we will soon ;-)

I would be happy with flow rate 300-1000 bopd, what that will do to the sp hard to say! Start of week 6 tomorrow :-)

Any commercial production a positive here, it all adds to the coffers, reduces the risk of dilution, and not forgetting this Tobifera find a bonus, they can always hit the springhill! But it’s my view that EMS will flow, how much is anyone’s guess.

Think I’ll set mine at £1 :-0

Great to be part of private chat groups NY, especially when we have the £1 party lol

The thing is depending on the flow rate out of EMS and the resources they have in situ to store/transport the oil could have an effect on test process, i.e a typical road tanker of approx. 36,000 litres holds roughly 180 barrels of oil, and this has to be trunked but how far?

That's a possibility, but it's my guess as soon as news is available with EMS it will be released.

Doubt a double RNS

Would be nice to have an update on all our other interests, WO both current and future

They’ll drill another well for the springhill eventually! All adds to the company coffers!!

This is where you will find the main reason for MH bring brought in. His wealth of experience at Rothschild, contacts etc, You can’t go from running a corner shop to a hyper-market!

https://youtu.be/nyo5dchfZxc Good to keep ourselves reminded

As long as it’s commercial it’s a result, all about building value, Onwards to ELM

They will have a good idea on the porosity and permeability from the cuttings in the mud logs! I’m sure the team and all the professionals pulled it will have analysed this to death since the drill! MH will tighten the reigns ! Good times coming

Natural fractures in some not all off the column! From mud log data! They only perforated 2 x 15m zones, 120m play in 500m column! If you look at other E and P companies they have plays as low as 4m, been mentioned on here several times Hmmmm some potential here!

I’m no expert but oil is the main play here with gas thrown in! And when brought to the surface they are separated. The Tobifera more complex than springhill, but from the data they gave the NPV must be much greater! Yes they could test the springhill if the Tobifera not commercial but they would need to plug and perforate the lining which means a different rig! I’m confident with the Tobifera!

That RNS good reading, hence Julians excitement in that interview!! All we can do is sit back and wait for the news to land

So Monday will be end of week 5, unless any technical issues she’s got to be flowing :-)

Read the RNS 21st June 2018

250

The timing of his arrival as well, not long after the EMS drill completion, as CFO then next minute MD.

It was mentioned that Rothschild are involved with the LE at Sound Energy, will they be here as well, would make it easier with a member of staff running the company who know their processes etc......hello Mr H

Your correct and shown how tight EMS is now.....GL:A

With the warrants and options we will be at circa 700m shares.
But lets not forget we are already producing " bread and butter" revenues, more WO's on the way, ELM to be fracked after and also Bolivia could turn out to be very interesting....Repsol have had luck, lets hope Shell do as well.

GLA

TA was/is the transformational play, multi TCF, mid-cap territory, which is £500m+
To use the same word for EMS pricks your ears up, we must remember they have a considerable amount of information that we don't get to see, experts pouring over it and it has taken 8 months from the drill to get the results.
It's the volume data we need and they have 3D over the area.

The springhill was net to echo NPV10 $117m but that was at $47 poo, at $60 it's around NPV10 $150m to echo!
They are not even testing that now, straight for the Tobifera, so in my eyes the NPV of what they believe is there multiples of this figure :-)

Those figures won't go straight on the mcap, but when proven adds company value, the SP should react and builds the company value for the LE.

PS I think the springhill was medium of 12-14m play, we actually have 20m reading from the RNS