Member Info for Ohmetoe

10 p tomorrow

This will get worse yet ,big bounce later in the year if they see this through

14p inbound

Freefall , one has to wonder when the Saudis flood the market how this will pan out for many oil producers

The answer is to tell China to educate its people more on these wet markets.

Poo down PMO down ??

BWM
I would agree that the SP has done well considering the world's markets have gone south.
I see America have stopped flights regarding Europe other than UK.
Probably cause more turmoil !!

What is the breakeven cost OF UKOG I thought i saw $25??

PMO has crashed UKOG has held up rather well considering

Hopefully it's all bluff and bravado Between Saudi and Russia , however i get the impression Saudi has decided to do it anyway cut ones nose so to speak.
Also it does sound like Saudi could initially flood the market but probably couldn't sustain the overall pace.

https://oilprice.com/Energy/Oil-Prices/US-Shale-Collapse-Will-Lead-To-Higher-Oil-Prices.html

Saudi looking for a complete poo crash

https://oilprice.com/Energy/Oil-Prices/US-Shale-Collapse-Will-Lead-To-Higher-Oil-Prices.html

$10 a barrell ouch

Bet Chevron will be annoyed after spending billions to buy into the permean basin

HH1and2
Those taps splutter on a few meters to get flow rates .If water mains have debris you flush the main to get flow rates.

This is done over a mile with a pipe full of allsorts.
A fix over a few weeks to increase flow rates ,it's coming slowly but surely

Brent up at the mo so may see some return to sanity in the market today.

Sounds like Trump is putting an aid package together for American oil.

This may drag on longer than we think.

Hope not tho

Considering market volatility at the moment this is good news just at the wrong time.
Stepping stones to building a workable home grown model here.

To cheap to resist this one

All rather irrelevant now as we will find out probably next week how this pans out.
Massive upside or complete collapse ???

Cracking news released yesterday, 300 barrels of daily production through the coldest months.
Second shift due to start anytime giving 600 barrels over 24 hour period.
No depletion rates with this oil and over 80 million barrels in assets.
Huge re rate inbound.

PCS i generally agree with what you say most occasions however sitting here chirping off is pointless
Smell the gravey more dilution coming alot more , we have not even reached 4 figure production numbers yet either.

Off topic i work for Bab**** nuclear cavendish, Vanguard ,Dreadnought subs evaluation costing.
Budgets of billions

Didnt someone say that on his twitter he stated he went in at 0.6,thus shafting everyone who bought in higher?
Then he deleted the tweet .

I dont use twitter so dont know but someone on here mentioned it.

It makes you wonder if the constant drip of new shares will the production numbers be able to support the SP.