Member Info for NigelHaemoglobin

Exactly Name, can a good deal be made on the basis of today's rns? No but further analysis is required.

I was merely trying to save you money old dear. That and playing a game trying to work out PG's decisions and strategies.

Tactics were never a strong point with you lot until about 10-15 years ago.

Far from ideal Highland, we wanted a Tcf plus from this one. Free punt for me but while disgruntled I'm far from being gruntled.

Will be completely out within hours/days until 3D analysis and/or farm out details.

Placing called one week before

Well results called six days before RNS.

'Speculative call only

11 Mar 2025 13:38

I'm going for duster or, less probable, geo or tech delay.

Contingent funding

30 Jan 2025 15:22

He needs to make a decision and fairly promptly, 3 mil in dollars would be a sensible estimate for the big upcoming well given the established history of difficulties, imperative to have a couple of mil free cash at least in the bank post P&A or suspended for testing.

There was a lot of waffling about the chance of success but worth listening to alongside the report.

The well is definitely interesting, I'll give that. Nuts to flare watching though, total waste of time

I thank you, GRH (Genuinely Real Haemoglobin).

Well, there is your salt seal, good news. A few sp related negatives, all estimates.

Six months to close a farminee deal.

The deal will be better for them (what do we have)

3D can be planned for in advance though.

Months of analysis, further still high risk wells required.

18-24 months patience required. Weak sell due time=boredom and probable highly dilutive terms of farm out.

Tricky isn't it? Almost completely dependent on sub-contractors from intellectual support ie Scorpion down to the donkey poo trench diggers.

None of us really know but visualisation helps.

It's been an interesting exercise calling 5/6 placings, which could have made a safe profit regardless of sodding hydrocarbons. I did not trade on it per se but some of the more credulous sheep (North Eastern) may have benefited.

RNS imminent, I sincerely hope that a risk managed approach to M-5 has been adopted and that the pea shooter turkey has not lost too much of the state's money.

Interesting stuff? I preferred it when London and other 'vibrantly enriching' places were boring. Now, we have Merkel-Lego everywhere. The PIRA were a different, cellular and temporary phenomenon.

It's a sad job enforcing rubbish laws as we have observed recently but an even more horrible predicament not to be in a so called protected characteristic group now that sentencing rules have been warped beyond belief.

I'm not impressed by plod fluffing themselves up by open carrying in our streets. Ex 2/3 Para, RM and SG in the FI yes: real men.

Yep, they used to carry pea shooters but not enough kinetic energy in the round to stop with one shot at a decent range.

It was a joke Sheep, the traffic thing, look the word 'joke' up in a dictionary.

London's traffic wardens have a role in being vigilant, observant re suspicious items and behaviours.

Sheep, we thank you for your service.

Caution surely is required? Extreme caution. Wars suck not just for the priority humanitarian reasons but they wreck economies. Governments have to hunt desperately for money, Two tier Kier is doing precisely the same to us.

Probably justifiable to hold a few though.

Not exactly a staggering volume of liquid helium per day is it?

Just a rump holding now in M5, diddly squat. What could M6 be though? A repositioning of M5 due uncertainty in results? An actual appraisal due to a discovery? The RNS

'1. Drill MOU-6 to +/- 900 metres

Appraisal well for biogenic gas

With exploration upside'

Not great numerical clarity ie +/- Y when it should have been +/- X of Y.

Still, PG has been clear, anyone without 16 years subsurface knowledge of Morocco is NOT worth listening to.

That's why I find PG so interesting, tells a cracking story. I mean not to Roald Dahl's standard but he's certainly written a few crackers for the CSE Inglish tribe on here: even illustrates his works with drawings of dinosaurs haha! Literally.

Gudin isn't it absolutely barking that some on here debate the finer points of geology instead of micro managing risk during actual well ops? The epitome of boiled frog syndrome...

As you can observe one has une tranche du merde stuck to my chasseur. Quite why anyone would bother given my 'green box' status is beyond me. Clinical issue?

Libious, libidinous or libellous...which is it oh wise one?

I'm going for duster or, less probable, geo or tech delay.

There's an avatar account posting under my bb name btw.

Thanks Highland, where we differ is that my view is no news is rarely good news. By that I mean tech delays (where I strongly agree with you) but can add a six figure sum per diem dependent on who is responsible.

Probably geo related stuff is all on PRD and rig issues on the rig operator: no doubt a complex contract.

I'm going to speculate about the actual well result soon in the interest of good sport.

Irrelevant at the moment assuming M-5 is within 2/3 days of TD.

Theseus owns the other 50%, who owns Theseus? M-5? A fair punt at 4p, good one even but gradually removing risk is my personal approach based on the expected timeline.

Good grief Bull, if they were nearly at TD with almost no price movement Northward I would be strategically derisking but each to his own.

With the res top at 900m approx and provided there are no drilling delays they should be nicely inserted into the hot spot, so to speak.

Always remember, the only tight hole in a rig crew often months away from their wives is an oily on his first day.

Morocco as well! Francis Bacon lived in Tangiers...