Member Info for NigelHaemoglobin

Good luck, you are going to need it. Try BetFred?

Markets are or tend to be forward looking, when the money arrives (which I think is imminent) I am expecting a huge uplift as a natural resource company has a distinct value generation curve. That said such success cases in low mcap cases are indeed rare and from what I read RKH has been on the back burner for over a decade! Pls DYOR.

Bit of a trap for the unwary https://wiki.seg.org/wiki/Fizz_gas

After the various debacles (with special regard to Pilbeams' notorious sells) my full trust in the company will not be regained until finance, reserves booked and commencement of work on the trucking scheme. When I say reserves that means FULL geophysical data on the entire MOU system, non of GRH's ramping 'salt crisis' twaddle and guff.

I wasn't in ECO but anyone else remember their discovery followed months later by an admission that it was heavy oil? Smashed the SP (obviously).

Donal you know more than me with regard to partnerships. What is clear though is EOG's appetite to explore Inishkea. Replenish Corrib, keep LNG away (quite right to given it's origins), force the Dublin government to do what they should have done ten plus years ago ie convert the Moneypoint coal fired power station concurrent to liberalising the licensing process in the Corrib area.

It must be explored and pronto.

Massive delayed reported buy!

Good post Charlotte, unfortunately Oz's brickbat re 4.8Tcf is pure speculation based on (as you are more than aware) GCE arithmetic.

Going to throw in a leftfield comment but isn't the tribalism fascinating, anthropologically speaking? Grh has essentially gathered a football team who brook no dissent that Grimsby United are a world class bunch of inflated pigs' bladder kicking!

It's on the way Garbs just more professional investors/instis delta hedging boring the Sun readers out of their holdings.

Already leaked, I doubt that she has capacity in terms of critical thinking. She is still a LibDem at heart (remainer, 216:1 chance that the ethnicity of top ministers is anything other than virtue signalling). The 'red wall' starting to look like it needs shoring up and re-pointing!

Is the strategy to 'bootstrap' (no not a turbo-charger anomaly for fellow engineering nerds) potential revenues from Serenity concurrent to the numbers of onshore wells and actually fund an Inishkea well in say two to three years? Been in here before and made nominal profit.

Back in now for a potentially interesting journey, if PVR can pave the way for the permitting process the strategy may, just may work!

GLA

Agree, far more agreeable to flip ideas with the numerate though and those with sufficient strength of will to vocalise scepticism and oppose the consensus.

The latest variant of PM over here has surrounded herself with sycophants, bit like GRH haha!

Keith would you not go for a lens shaped formation rather than a cylinder? 3000 psi is a fair ball park number though.

Nope

It's Lonny, unless I missed it not one single cubic foot of gas was sold by Fastnet and Island (and not 1 by us yet!).

Forgot to add, those gas futures prices are somewhat dire.

Finally we have some solid numbers and I have added on that basis. A few negatives though of course.

Drilling risks still exist, both technical ie tool lost downhole, BOP malfunctions etc etc along with the ever present story of 'we never know what is actually underground until we conduct an experiment, ie drilling'.

The Catch 22 of course is clear from the PRMS manual (my Bible haha). We do not have any money for CAPEX. It is impossible to declare (since 2018) reserves without finance and not possible (or unlikely) to secure finance without reserves.

We may still have to do a farm in deal, nothing wrong with that! It could massively augment our exploration budget!

Keith, firstly thanks for releasing me from solitary but I have said 'more than possible', is that probable? Your call.

The CNG comment really fuses the two critical cost/ revenue paradigms. We (and nuts to the drink sodden clone above) will need development capital namely an estate, gas separators, compression and loading equipment etc but on the downstream side of the equation all we can do is fill trucks (owned, leased or outsourced) and then allow varying numbers of hours for the round trip: often filling relatively small consumer tanks.

So, I agree with Grh in that the 'bootstrapping' approach has some merit. If we can help each other to unravel the story with priority regard to the now disused MEP then lets do it. What might be a good idea for Paul G would be to accept a tedious SP but use revenues to continue E and P ops with the intention of asset sales. For the Sun readers we have to look at a five plus year plus time horizon, perfectly normal for a weaner oilie outfit!

GRH almost never posts negatives, which I find extraordinary and points to salesmanship: deeply ingrained.

Layer upon layer of uncertainty but yes, hope remains that the endless delay to rigless testing and the 'pin the tail on the donkey' 2D seismology approach will create Super Nova results.

I actually think it is, if not probable more than possible that we will succeed.

A CNG project though will, in my view, not blow the circuit breakers on the SP or the mcap neither of which are forever in direct proportion (dilutions for the hard of thinking, Sef etc).

My repeated weak buys are absolutely genuine but as with ALL micro drilling outfits sentiment can tip VERY rapidly.

Good luck to all those with functional central nervous systems.

Two huge slices of risk have all but evaporated yet just under two weeks since the Super Nova RNS PI's (some) are feeling worried and twitchy.

Quite honestly many ought to bale out, thus resolving generalised anxiety.

Agree, fifty plus countries for me, mostly work related. Fresh French bread, regional cheeses, patisserie and charcuterie all excellent. Not too keen on some cuts of beef. Love the high terrain Savoie cuisine and the most Southerly departments' food though it has to be said. Really recommend wild mushrooming in the Maritime Alps, Jura and Vosge in Autumn.

The overly buttery classical cuisine quite avoidable.

MM's flicking the bid North and South to shake out the (very) weak willed.

IAW sorry (in accordance with to any non engineers or forces individuals)