Member Info for NigelHaemoglobin

Fwiw I strongly doubt that any ankle biters nailed PG and Lonny on the priority point.

In the success case and given that significant workovers MAY be required to install downhole sand control type completions what contractual flexibility is available?

If PRD are to keep to their optimistic timeline then that is a fair and rational question.

Craic? yes of course.

May be a bit early to post but an ambiguous outcome is possible, the other more positive point might be that minor drilling issues have occurred thereby causing a delay.

Holding after minor derisking.

PG mentioned a few days delay in permit approval in the most recent interview.

There is no reason to disbelieve him at all.

Evening Tom

Your post is very very interesting and confirms my viewpoint however, taken little interest in TnT due low volume CO2 IOR experiment too dependent on one CO2 source (if I remember rightly). Such projects might appeal to 'Effoff 82' but I'm only here for Morocco where commercial success is possible.

Are you able to expand on your post at all? Would be very interesting and instructive, particularly for some of the nitwits on here.

Sefton, I have no idea who Redbox, Charlotte, Tom or anyone else is.

Try an NHS walk in centre, the triage nurse will direct you to the optimal clinician (or out of the door).

Raving!

Thank you Tom, if only clones ie Sefton could understand the most grave of risks, conformity.

I doubt that he even knows who Stanley Milgram is never mind the discoveries he made in the field of psychology.

Sefton believes that you are in the regiment or not, believe in this or that religious nonsense or not and applies that form of semi-lucid 'thinking' to this micro E and P (while confessing little or no knowledge but great awareness of CO2 IOR).

He appears to be up for a confrontation which is primary school stuff. Misses GRH I imagine: pitiful.

In fact Mr Ford at this stage in the evolution of a company is it not true that speculation is a critical component of an investment strategy?

Don't be an utter fool Ford. Ask yourself a simple (targeted) question, are you in deficit depending on your average entry price based on the buy and hold mentality of GRH/Sefton et al or would you have been in profit by allowing my four key posts speculating with regard to placings and finally pertaining to 'placing versus partner?'.

Jtan,

Why do you not care? Feeling ok are we? Odd remark.

No1, what is another word in English for playing with statistics? Is it gambling perhaps?

Indeed, you are gambling. Your call and good luck.

Fair point, if a little delusionary.

Everything was cancelled including a whole weekend of football however, clearly too late and a bit unfair to cancel an event as it was happening.

It is quite rare for PI's to step up and ask difficult questions, the majority on here seem to think PG is a minor deity. That is a bit odd given nearly two decades pecking around Morocco. Recently he has chilled a bit but I have him down as being too independently minded, just my opinion of course but the ability to listen is critical.

Look at the tragic GKP, SOU, BPC,XEL, UOG, BLOE, MATD, DES, FOGL, RKH LTH investors, most moaned on the boards and on email but that was it.

It is most of you who need to ask critical Q's, that is my point. I know what the risks are, roughly when placings are due (v important) and what a sensible chronology looks like.

Happy enough to hold PRD, pity all my placings calls were ignored but...nicely in profit so nuts to you!

Well I offered a cautionary note months ago and placed ezj on my watchie at £4.97

Still waiting for the optimum entry and relaxed if I miss it. Circa £2 or less is my target price.

Afternoon

Does anyone have the environmental approval docs for the Serenity well please?

Well, we should be anticipating strong shows by now imo given that detailed testing is planned.

Scalped a few, just a hold for me, certainly refraining from jettisoning for the moment.

Good luck to anyone following those tweets...

Fair point, a bar is a dreadful place to ask difficult questions and in any event casual public drinking I would personally avoid given the circumstances of H.M passing away. Each to their own though.

Incidentally most of my recs have been 'buy', the investment proposition is reasonably good and tend to only sell before glaringly obvious placings. Tend to avoid London these days unless my preferred accom is available: most of the city is a crime ridden cesspit.

The positives are obvious, good chance of a discovery and decent fiscal regime.

Negatives, aggressive timeline to a functional and fully licensed CNG facility, they will need a disaster management plan written, provided for and approved.

Sand control, PG has alluded to the extremely friable nature of the sands at MOU-1, leading to...

Rig availability and cost overruns, are we able to retain the only rig for extensive (and expensive) workovers?

What a pity that they lurk in Jersey, occasionally dripping some of their ideas to the market via Proactive etc. He needs a grilling over here in London!

Well all those CEG (ex BPC) investors who bought at 50p have now lost 99.86% of their original gamble. Years of politics and lack of funds culminating in a duster in a geopolitically disturbing area (v v close to Cuba).

Excellent and technically detailed post Hartlepool, much to consider over the weekend. Thank you.

Happy

Remember the Gulf of Mexico disaster? Precision geo-steered 'bottom kill' supported the top kill. I've admittedly learnt some new facts about wells recently but with regard to Darwin East I have no idea what condition the liner is in: irrelevant anyway as an optimal producer well would be very unlikely to be co-located to an original exploration well.

Much to learn and tend to lean too much on the PRMS to be honest. At least there isn't an effective ramping boiler crew on here, very different to PRD!!