Member Info for MrMarkyB

Mcap pretty much cash in the bank and revenue......hey ho this is aim.....sou followed a similar pattern for years and then over 3 months went from 10-15p to close to £1.......
It's very hard to understand the current sp!!

Traders bounce around the shares, investors stick it out, I wouldn't want to be out this share for one minute, if EMS proves huge god knows what the SP will open at the day that RNS land :-)

Plenty of irons on plenty of fires.......

Correct, no decision has yet been confirmed and obvious the pipeline will need to be financed, I cannot remember if rough figures were given.
Plenty of news around the corner.......

I guess that will come after EMS and ELM frack complete

EMS Fracking ELM Fracking WO updates New WO program TA seismic TA drill Existing production revenues Mcap currently 40M ish !!!!!! Crazy, can’t be in single digits much longer GLA

I emailed Sarah asking for some images of the site to be put on Twitter, she said would see what she had! Nothing yet, perhaps they don’t want to show huge oil storage tanks that could be set up ready for our bounty!! If these flow like the close by wells at 2000bopd that’s around 400,000 litres! That’s a lot of oil to store!! Wishful thinking :-)

4 weeks sounds reasonable, as each 15m zone fracked individually and the liquid/chemical flushed out. Then they have to drill the plug and hopefully our liquid gold will flow. I presume they have to install an ESP as well?

Not sure that link works, google cove energy and look at guardian newspaper entry

WT Although we are an E&P company, when the assets proven up, sold off and plenty of happy investors! Well that’s the plan, similar to sound energy. The other day someone mentioned Cove Energy have a look at this to give you an idea https://www.google.co.uk/url?sa=i&source=web&cd=&ved=2ahUKEwjfo4X81_LfAhUqxoUKHc_7BCIQzPwBegQIARAC&url=https%3A%2F%2Fwww.theguardian.com%2Fbusiness%2F2012%2Ffeb%2F22%2Fcover-energy-shell-bosses-windfall&psig=AOvVaw3LUZQ8tZ_hrhDZ1Ja5FMt3&ust=1547741349599413

Liquidity Event (LE), basically sell the company or merger for pound notes! Liquidate yours shares into cash!! That is the long term plan I believe

So half way through January and no RNS on the seismic!! Come on echo!!!

With any investment you should dyor, and that presentation, which I attended, the perfect watch, TA must be heaving with gas!! Lol The focus very much at the moment EMS, transformational! But wasn’t the case up until the drill, TA was always the big play here, still is but could EMS be on a similar par.....time will tell....GLA

Just watching the Exeter presentation, Julian very clearly says several times the El Molino Sur EMS is clearly targeting the springhill! So with the shock ‘discovery’ in the Tobifera and it’s potential volume you start to realise how they have had to change their course of action!

I am sure Argentina will be buzzing if the result big!! Tick tock tick tock goes the clock! GLA

Thank you WT
I was very impressed when I went to the event.
You don't become a Dr for nothing and he explained it in a way that is easily understood.
TA is an un-tapped resource, in the 70s they were looking for oil not gas so as his presentation shows gas is there!!! (Hopefully)
Technology in drilling has advanced over the last 40-50 years and I am sure can deal with any potential blow-out.
GLA

The T-A-X 1 well very interesting, blew out at shallow depth, caused by high pressure gas and created a crater.......all on TA, also the canche Carrera well which logged 2 packages of 60m + 60m interpreted gas (in the 1970s)

From about 50min onwards he draws a picture explaining all, but worth watching the whole presentation if you have time

The Tobifera in Frac C is at depth of 2-3km, where as in TA the tobifera is 8km which is too deep, however the theory is that that acts as a "kitchen" a source rock which could be feeding above, which is the Andes formation that has been deposited over millions of years....
I would suggest watching the presentation below from the Exeter event (I was there) it's long but very informative and Julian tells the full story.....

https://www.youtube.com/watch?v=4oOev6hpjWU

Until the 3D complete you wouldn't be able to tell