Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Greenfish89, That's IF the testing equipment has indeed been ordered to site with a view to start assembly on 17th June.
Unfortunately, The recent rns doesn't confirm that. It does however confirm that preparatory operations for the second stage will commence on the week of 17th June 2019.
The further preparatory work aims to ensure the borehole is in optimum condition for testing, and to give the best possible communication between the well and the fracture system in the formation.
Once this has been completed then, SUBJECT TO AGREEMENT OF PARTNERS, Well testing can commence to ascertain whether commercial hydrocarbon flows can be achieved from the BRX4Z well as envisaged per our timetable of 3 April.
How long will the preparatory work take ? Has or when will the test equipment arrive on site ? How long will the Agreement of partners take ?
Today's rns has deeply disappointed me :(
Thanks Earsbern, Some noise on here. Nothings happening but it's all happening. Hopefully some news will break on the 7th. gla.
Is there still a hearing on June 6th ?
Thanks guys....
Can anyone shed a light on where we are ? Any hint of progress or are we still in limbo ? Cheers.
On this occasion, It's fair to say the open offer probably won't work out but meaningless isn't a fair reflection of what George Lucan has proposed to do now and in the future. Taking the decision to make an open offer available to pi's the same as ii's is a good structure as the company moves forward.
Brockham success should be in a week or two ?
The Angus work programme runs until the last week of June If the test equipment is on site by the 24th May.
I think you need to calm down .....
Your not wrong gpmh1.....
Stage 1 completed on 7th May 2019.
14 day period allocated on the Angus work programme for the first part of Stage 2 to commence ( Lead time for arrival onsite of well test kit )
I make that Friday 24th May. My nerves are rested until then ......
Yes, Indeed there is 7 days in a week...... Just wondered why your calculation was based on 17.2 days in a month !
Out of interest, How many days are in your month calculations Baits ?
$25,000 / Day - $175,000 / Week - $430,000 / Month
I think a lot of investors have chosen the same path TSBS. Until we have confirmation from the appropriate channels when this ordeal finally draws to a close, It makes you unwell and all that's posted is snippets or a made up account of what others think is the current state of play. The mood in here is up and down more frequent than a prostitutes knickers and it's unhealthy. Taking a back seat and having an occasional look in for progress has certainly worked for me in the last few months. I certainly remain quite positive even with all the noise. One thing is a certainty, Time will tell..... GLA.
Planning seems to have taken three months from application to signing off in the past at lidsey and balcombe. I would like to see an application going in to wscc in relation to the next phase of Balcombe works. Nothing registered with them at the moment....
looking about to start :-)
I'd be happy enough gaining some info from the court case one month ago let alone two weeks ago ! This silence is deafening. How figures of over £2 are gaining airtime is beyond me. I'm writing this off for my own sanity, If anyday its worth something then happy days. I've given up and will continue to try and make my losses up elsewhere. The lth's with much more at stake deserve this to come to fruition...... GLA
I'm sure the bod know a lot more than we do with regards to Lidsey.
As ChasPB has highlighted, The flow rates were good at one point. Has this actually been a shrewd bit of business by Angus to gain a higher percentage of the field that can with work be able to produce again at good flows ?
I don't know but I'm certainly intrigued to see how the Lidsey field pans out......
Has the gas no value kelsbells ?
What an rns, It couldn't be any better ! GLA ;-)
24th and 31st July 2019. Think I'll pop into hibernation for the foreseeable...... GLA
I'll register now.
Don't suppose any followers here are a student at Liverpool University ? They gain free unlimited access to the Caymans court search facility.
** Free Access to those who have valid gov.ky, judicial.ky or student.liverpool.ac.uk email address