Member Info for oldslow65

American race engines are tuned for e85 and now e100 for more power and cleaner tailpipes, there is a engine builder that i follow on youtube that offers engines tuned for it, strange its not easily available in the uk, our fuel prices are a lot higher. I can remember filling up in florida about 5 yrs ago for $18,it was $1.15 for a gallon , in the uk it was £1.40 for a litre at shell v power... they also were making fuel from rapesead oil .

The last time this happened they has to stop making cars as every item including the clock has a chip in it,canbus is more widely used since then. same as all white goods, m.waves, fridges etc. how will the younsters manage when there phones are 13 months old??

3 oil tankers hit no gas/oil flowing via the sea, oil price rises even though the biggest release of emergency supplies authorised since 2020 yesterday,, gas prices in europe have doubled,and moldovia says only 3 days of gas supplies left. the smaller countries without big bargaining powers to be hit first with shortages.. would you say Ireland was a small country? iran targeting pipelines,small boats with explosives used on shipping.looks like trumps assertion the war was nearly over was a bit premature then.

They mention salt alot.. dont we have plenty of the stuff in our license area?, they also mention source rocks, the jurassic and cretaceous for GAS and OIL..sounds like guercif but without the water for us as on land, not in the ocean. talking of which when will char raise another $40 for 1 drill plus pipeline and infrastructure to get any spoils ashore?

Mmm, brent 98.5 just now, and iran has more missiles and drones ready to wreak havok on its neighbours,they are not going to help iran over america, if just there exposed pipework is hit that could stop producion for many weeks, the forwards satellite/radar domes in surrounding countries were all taken out by iran early on with drones, 1 of them was 1 to $2 billion. It will not end until america starts pounding them into submission,hence the heavy bombers now using british runways .as for $60 that wont happen for a year as supplies wont match demand,before the war the worlds reserves were at there lowest levels since 2020.

And whilst rome burns then nero/miliband does fiddle.. our north sea closed to new exploration,we import from norway the same gas from the same areas.. luckily norway has announced yesterday that it has found 2 more areas of gas and oil, so we will be able to buy some next year or 2028. the co2 is the same just nailed to another country that has plenty of money and net positive whilst britain is loaded down with debt. luckily gates and blackrock will buy all of our houses, water,sewage treatments, land and farms from those going bankrupt.. SCAP3 DUE IN APRIL? and P.G. numbers were based on $60 a barrel, now its $91.

Today on X the shadow energy minister blasts net zero, the shutting down of our own energy from gas and oil in the north sea,and urges the government to allow licenses, stop energy windfall taxs from energy companies and to re open/upgrade our underground gas storage facility. I reposted to her 2 companies are suing ireland(£100million?) for not allowing access to the near offshore gas and oil fields

TODAY. @1030am iran threatens its neighbours with strikes to sent oil upto $200 . THIS WOULD BE A DISASTER FOR AIR TRAVEL, reports of a flight from seoul to london $546 has risen to $4359. airlines looking to ground parts of there fleets as jet fuel surges higher than the crude oil prices,as refinery fears grow..

As brent peaked at $119.5 , the G7 counties have met to agree a emergency release of 3 to 400m barrels to stabilize oil prices. this was 4 hours ago. this is 25 to 30% of there 1.25 billion reserves, last dipped into in 2022 after russia invaded. And jpmorgan predicting $120 barrel. Keiths original post of prices into 2027 looking fairly accurate for 1 yrs time and increased revenues, on s.cap3 success, then s.cap4 etc looking good. And didnt pg. state we had the tail of a giant oilfield just off shore in tt. within in our license area?

As no one knows what are costs are then people can only post with the knowledge available.. if we know P.G. numbers were at a ave of $60 a barrel and he stated $32 profit and t.t. was still profitable at circa $40,then keiths posts are as accurate as we can guess.. if someone knows better, then post and list the costs and expected profits!! show us how clever you are instead of stupid negative comments!! anytime today will do ,and we can use your workings out going forwards then instead of ignoring your input?? so using keiths numbers our repayments to nabi double at $99.60, wti/brent ave is now 105 and murban 118,another 2 weeks and im sure a lot higher,150 being talked about as iran destroys its own oil production. so do we get the cash and show it as income or pay back nabi quicker? please post what you think is the best financial decision and why.... or fly away little bird brain.

With gas prices set to increase for months, and not return to a reasonable level for a couple of years even if trump and others up there exports by 20% to ease the panic buying driving the future contracts up artificially high , the futures market for april and may continue to climb,and i think its purchased upto 6 months in advance to secure supply and topped up dependent on the weather forcasts. Ireland may end up at the back of the que. so would they prioritize the data centres though contract clauses over its citizens? british energy firms ceo,s asking to open up the north sea again, still no response from mad ED.. lets see the prices on monday,wti,brent and murban. Anyway never fear as starmer has ordered the broken ship in portsmouth to be ready in 1 week,then it has to sail to cyprus,im so reasured, NOT. just hope the "ruskans" dont arrive in small dinghies!

Per KEITH,S excellent figures from 4 days ago ,when oil reaches just shy of $100 a barrel the netback to prd or repayments to NABI will have DOUBLED,,, so if it was a questimate of 11 months for repayment of there low costs to unlock our profits from the well workovers from 15 to 30% of the profits a steady price would see the payback time half. I personally think until the war is stopped /ended/ceasefire etc (4 weeks per TRUMP.) And shipping resumes safely a week or 2 afterwards will the prices start to fall back to say $70 , lets see what the peak price is first, some flights resumed for holidaymakers getting home, a long wait for shipping and gas/oil production to resume, and a 2 week start up procedure to get up n running again. wti/brent ave is now $92 and local Murban is $102

Its still climbing just hit $100.57 locally

And locally in abu dhabi theres is $94.48 and another 4 weeks until opec get around to increasing production, so its a cruise to the bahamas or half a tank of diesel then by next week??

GIVE IT A WEEK OR 2 AND WAIT FOR THE BLACKOUT NEWS ,, TO PROTECT THE LECCY FOR THE DATA CENTERS....... what a way to run a country and not protect its citizens.. almost as bad as our own government??

AVERAGE OF 43%, BUT ALL THESE ARE CONSERVATIVE NUMBERS EXCEPT THE 100% AS ALREADY THERE..

I like pages 18 to 21, mention of 3500 barrels daily from the snowcap area , with dewaxing on stand by to keep the initial flows up using co2 etc. just drilling a extra 212meters for the extra oil layers. also another mention of overpressure at 62psi per ft so original 1400meters is 4593 x 62 = 284,766psi and at 1600 meters a massive potential of 325,446psi looking good for long term income. If we up $60 to $70 then $32.6 becomes $42.6 profit back to nabi a 33% quicker payback and 100% to pred for scap3 and any others P.G. drills once we get income flowing in from the first drill,self financing very quickly...

You would of thought a 400 to 1000 bod increse to 2000 barrels a day, a near 300% increase on the previous averages mentioned would of moved the share price up more than 1%, a minimum of $1 million extra income should be worth more than this? I guess people are waiting for moroccan news on a deal/deals on lpg/cng

From the info on T.T. can someone take a stab at what we are getting until nabi are paid back. at the end of the rns paul gives the details at the original $60, so this needs to be upped to say $75. there have been several versions of this formulas results.. some good some very low ball, no name mentioned.

I also herd the rumors this morning Qatar was to make safe with its production facilities.. 20% of the worlds supply,this will be a wake up call to anyone relying on gas/lpg/helium to look for a second supplier in case of emergencies or a issue with access, ie a WAR. prd are close to the bottom of europe and not far from a sea port,and far enough away from a volatile middle east. I only know about these countries either from holidays,being diverter and forced to land in dhubai and doha or from the severe disagreements with there regional neighbors, sanctions or usa going to war. A stable country was mentioned by grh a while ago, with a dirty big pipe just a few km away from our license area. It looks like a perfect place, a KINGDOM desperate for gas and oil , and we have both plus some very elusive Helium. Many countries must be evaluating alternate supplies and routes, and the gov in Ireland must be sh1771ng itself if it runs out and has to ration energy. The only good news is we are in spring not autumn or winter for the citizens looking at sky high bills/no gas and or electricity after 6pm like britain had in the seventies.? and this was just industrial action back when we used coal. this must strengthen pg,s hand in any negotiations, due to conclude in april. This unfortunate war does seem to be very fortuitous for all of preds assets. PS. I hope everyone is safe out there, stories of 700 mile car journeys to get to a safe airport for a return flight emerging.