Member Info for NigelHaemoglobin

Findme I would have to check what happened the time Griff changed his mind before this time. Certainly permissions are required to move microscopic quantities of perforation explosives: my deduction is that movements of 600,000 cubic feet of Methane by road will require licensing and security, just an opinion!

You couldn't make it up Louis, standard explosive perforation cancelled due Sandjet being a better option for 'unconventional gas'. Then Sandjet kit with personnel sourced (how far did they get?). Now explosive perforation is absolutely fine for some horizons but will require new approvals from the capital in order to escort the fireworks to the arid, water starved olive growing region of the Moroccan Orient.

It's a panto with Lonny as the chief dame.

Oz, nothing if not totally pedantic matey.

Merely offsetting the love boat which you are in with the Grifflet.

PRD lost control of correlating and managing Sandjet and their wireline equipment and operator hence they have reverted to blasting voids into friable sands.

That requires permission from Rabat and military escorted quantities of small masses of relatively low explosives. More bureaucracy, more management, more money. Did Sandjet and the wireline operator invoice PRD? I don't know, do you?

If Rabat insist on military escorts for tiny quantities of RDX or black powder what will they require for the type of village flattening boomer 600,000 cubic feet of 250 Bar Methane?

Try thinking? I've been to most MENA countries, their militaries are 95% useless: I have competed against a few of 'em. Just friendly small arms competitions.

But any prospective partner will want a huge discount due lack of 3D seismic!

The Grifflet has had over two years to action a seismological study since MOU-1. Yes of course the next licensing phase will require more imaging.

Unless it is compartmented.

Imperative as you will create an idea of what a potential deal may look like. Consider the cost of civils, gas processing, pressurisation and charging of tanks equipment.

'x' million let us say 6-8 for a two tanker facility.

Tankers, work up to say 10 over two years?

$750,000 each plus entry VAT.

Crew recruitment, training, salaries etc. Your call, hard to say.

The value of the load, for a 430,000 cubic foot tanker about $6000?

Security for the tankers, I would put a brick of four on this task with two landys i.e half a section. A bit on the low side but pragmatic.

By the way, a military escort was required for probably no more than 3-5kg of RDX for the original perforation plan.

I do not see a substantial margin for PRD but happy to be corrected by non-loons, non-salesman types.

No need for capitals Oz(strich). It is possible that an O and G company would farm in without well testing (particularly Extended Well Tests).

Improbable though.

It is possible that an O and G company would buy in on the basis of decades old 2-D seismology.

Unlikely.

Surely you read the presentation last year when a CNG project was planned for....err about now?

It's a classic error investing too early

Finally Ireland is beginning to realise that natural gas is the fuel of transition. EOG have an FEL, cash in the bank (growing), revenue and a massive medium risk prospect well within tie-in range of Corrib.

Merely a historically amusing inconsistency, I'm sure you can get private SEN English tuition if you find irony a bit 'challenging'.

Have a lie down...

You don't seem to realise, gas reinjection is not always feasible. Can you inject gas into an associated gas reservoir? In all cases.

I suppose loading tubes onto lorries for 30 years could be construed as O and G experience.

You must be raving, Pete B has an enviable suite of engineering qualifications and experience: unusually bright.

Well PG could RNS that testing has been carried out as promised however standard practice instructs us that companies inform investors that a goal has been achieved, i.e that the equipment has arrived, been tested and is in operation.

You never know with Griff though.

Does anyone realise the consequences of an unhealthy GOR? Small quantities are fine and could be processed to fuel a gas to power scheme for the production development and any LPG products shipped along the Dalton Highway.

But what then? What?

At a sub sea burial depth of 3500 metres in 1500 metres water depth how on earth can a deduction be made that anything in Guercif is on trend? Pure bullcack and manipulation imo.

It's not funny really but the irony! Argentina was the No.1 safe haven for Nazi swine inc the notorious Adolf Eichman so brilliantly abducted by Mossad in the 60's then strung up.

In fact evicting the invaders in 1982 really helped the Argentinian people restore order and democracy to their frankly beautiful country. Why they want the windy, treeless and sheep infested Falkland Islands is completely beyond me. I reckon they will find billions of barrels in their relatively new licences and good luck to them!

Way more chance of making money in E and P if you can run downside cases for yourselves.

Jimmy you are the voice of reason on here and quite right to flag up the imperative nature of the testing. The fact is, risk exists until testing is complete.

Emyen

Is it actually true? All of your savings in PANR? You must have the IQ of a Cornish pasty. Would any investor on this planet hold a single equity and still call him or herself an investor?

Barking!