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Don't see why we can't like ukog hh2 its initial H flow was around 4+ albeit with some very wet
stuff in with it
All we need is a flow rate from the EWT to give some kind of ballpark indication of how much the
new well might gush at, all now very close to being revealed, one way or the other. GLA

cpec trundles on all still on schedule according to Chinese Ambassador in Pakistan

https://pakobserver.net/chinese-envoy-reaffirms-confidence-on-cpecs-progress-asim/

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you never can tell until it flows but book marked this quite some time ago when researching quite some time ago
this one below is onshore and VERTICAL flowed at 60,000 bopd

The spouter Nobel Brothers No. 25, which blew out at Balakhani field, Baku in 1883 at 500,000 *poods of oil daily (60,000 BOPD) from a depth of 582 feet.

Russian oil was measured and sold by the pood, a unit of weight equal to 40 Russian pounds, which equates to 36.114 English pounds, with 8.33 poods to the standard 42-gallon oil barrel.

In the USA the advent of Horizontal drilling and completion technology has vastly increased flow rates
in established fields.
When compared to co-located vertical wells, on average the majority of new Horizontal wells flowed
at rates of 4-6 times the Vertical well rate.
Some where lower but in some exceptional cases, the Horizontal flow rate exceeded that of the individual
Vertical well by more than tenfold

Posted this last night, entry 11 ref's to Oracle but if you read others many ref to in progress

Oracle entry has in PROCESS

call me old fashioned and biased to correct English but to me that says our application was being
processed in play and not just submitted at the time the site was updated 21 May which was 3 weeks
ago
We must be getting close to the endgame

China wanted 10th JCC in April
Imran has instructed all involved to fast track all Phase I projects and get it done
Minister and China Embassy Ambassador have both made multiple statements in the past 2 weeks
that Phase II priority will commence very soon
This is part of the Chinese presidents sign off on his upcoming state visit last local media reported as
being finalised for May/June and May has left the party.
He is expected to sign off all finalised Phase I and make further financial commitments under Phase II
with emphasis on SEZ's , Agriculture (inc our urea fertilizer plant?) Technology etc

President Xi invented BRI/CPEC its his vision and his vision goes several phases further but he has always
seen Pakistan as the Key element and its showcase to the region and beyond as to what can be achieved
through cooperation and trade with China

http://www.ppib.gov.pk/N_upcoming_ipps.htm

buys as sells vice versa and all the other gubbins is nothing to do with the MM's on the London Stock Exchange they
are all just trades no labels buy or sell
Eternal sites use a dumb machine that adds all after the trade volume amount, all above what it SEES as the current
mid buy and all below sell
its labels things wrong all day long and has done for many many years
it does not keep up with the range of live prices available and adjust that mid if all trades are falling in the overall
range it sees as current and if trades are on the mid it labels UNKNOWN a button none of us use
The appearance of a narrow spread is usually caused by the only remaining ACTIVE mm's competing for trades
and when all now one side of that mid, it appears that all are buys or all are sells to the machine in its blissful
ignorance
The busier and more MM's become active on a share the worse it gets as they compete for business some
will be bidding above that guesswork mid and others asking below hence occasions when posters post all
delighted I just sold near the ask or bought near the bid
Delayed trades suffer the same fate as it applies what it thinks is current status to the trade and if the share
has roared or slumped since to be outside what it sees as current overall range it will again label unknown
otherwise it will label against current guesswork mid.
No games no hocus pocus just a crap system which in this tech age could be easily fixed by the exchange
adding correct data buy or sell and certainly not UNKNOWN ffs

https://pakobserver.net/chinese-envoy-reaffirms-confidence-on-cpecs-progress-asim/

Pakistan Ministry of Energy power division PPIB wef 21 May

11 Oracle issuance of NTP & LOI in process and indicates expected to be operational June 2023

better get signed off and start building then lol

http://www.ppib.gov.pk/N_upcoming_ipps.htm

Last local press in February Chinese President expected to visit in May/June
May has gone and we are now in June
G L A

https://tribune.com.pk/story/2162856/1-chinese-president-xi-likely-visit-pakistan-soon/?__cf_chl_jschl_tk__=b7833981da3f2136f1618e1a6306ac5a0892f6ad-1591269658-0-AbjBcOXSgSQ3yFBu3OzD_cDH6cLWeWZ56tTN3-rwoccssTTGvTHn96Vj9mNL4e2MVa81Nkfy2GfabBL86-Hp4IXujgYPCUQAQq8D6MgfZJOQxQPINcMrAEa5VAfnzNlBbsOM36BxF6lyeQgy9QRZkm125Gb9fPW28XL04XiHOvYOLqD0Mt-79hdF7H9PkmVjvx-zawzeaXSR307tx_kOkRspyEgIZTYREK4Y5jIJqpWw4JmnUhGpOX1wNWuw5gIb8jrSffbVjeVc9mV_bC6N7Nks-_RLbj9OhX8TD76sAK3c5wPjfQYgBQjl9m03h5wwCNFgGZbvpwCDL7RrTrP1TgPPQUimch3TwDXryFhPcHmX

https://pakobserver.net/cpec-pak-china-resolve-to-progress-amid-cov2/

apologies for the broken text my old laptop possessed when the send button hit

Yesterday more cpec talk on phase II taking over as the new priority, the financial commitment is supposed
to be signed off by President Xi J during his state visit, last touted in the local media as details being finalised
for June
The Phase I Energy Infrastructure is expected to be ALL in play as part of the progression to Phase II emphasis
all either built, in construction or now in a position to move into development with minimal further interaction
required with Government
(companies/contractors have all they need in place to just get on with it)
We are now in June, so if Xi's planned visit is to go ahead later this month, LOI , CPEC 10th JCC must ALL
happen very quickly now as even if his visit announced for the 30th June, they would want to leave some
leeway 1-2 weeks to check and double check all is correct and the ball is not dropped so Xi can sign off
without the embarrassment of a further delay as his team found fault checking over documentation
while the presidents shoot the breeze prior to the main event.

https://pakobserver.net/cpecs-2nd-phase-strategic-utility/

my apologies for the spread text my old laptop is possessed when the send button hit

None of the earlier stuff is anything to do with the MM's on the market they are all just TRADES not buy or sell
based on what it sees as the current mid (guesswork) a dumb machine then enters all the data beyond the
trade volume amount all above mid buy all below sell and its screwed if on the mid labels UNKNOWN a
button nobody uses
Its biggest failing is that as MM's compete for business or to complete client orders, if all TRADES remain within
what it sees as its guesswork bid/mid/ask it does not adjust to reflect the changing position of MM's and as a
result as some run out the remaining active MM's could all end up one side of that generic mid some will be
buying some will be selling and prices flowing through indicate a narrow spread but the dumb machine will
during these periods label ALL as per which side of its guesswork mid the trades are falling giving a false
perception that nothing but buys or nothing but sells
It continues its erroneous ways on delayed trades as again add the data from what it thinks are current details
when the price has moved on by a large chunk up or down it will again label unknown as the trade is now
outside what it sees as the overall range currently not when the trade was placed
Unless looking at a live trade platform sites like this are worthless in terms of stats for buys and sells and the
busier the share gets the more the machine gets wrong as it does not keep up with the in flux prices currently
available
Its been a waste of space for many many years and will continue to be so until such time as the STOCK EXCHANGE
change and upgrade to include the additional correct data on trades for buy/sell made and certainly not
unknown to take the guesswork away from externally added site listings

Not grasping at staws just looking for an answer, which you have provided thankyou
so it was part of the previous terminated arrangement, the March comments seem out
of place , as the new deal laid out in the 7th Feb RNA so why mention it 7 weeks later??
Looks like I have a bit of light reading to do on the website, maybe something in there
that makes sense of the conversion rates also , as they also out of whack with the HIGHER
of , comment in the RNA

Anyone got an answer to the 30th March RNA, is that part of the restructure done with the new deal or
not , as it states already drawn down £1.3 Million and if so with the 5 recent conversion added that
would total over £1.6M of the £2M or is the commitment to £2M in addition to the £1.3M stated as
already drawn???

30th March RNA

https://www.investegate.co.uk/iconic-labs-plc--icon-/rns/re-admission-to-trading-and-restoration-of-listing/202003300700079543H/

Pursuant to the terms of the Deed of Issuance, the Investor agreed to provide finance to the Company, and to date, the Company has drawn down net monies amounting to £1,300,000 in aggregate under the Deed of Issuance

£2m if all converted at the nominal (and 1 slipped through the net £100k 500M at 0.02 vwap) it would
be 20 Billion total and around 3 Billion in the last 5 conversions so more like 17 Billion to go be done
in a jiffy LOL

Nothing to do with the MM's on the market they are all only TRADES they are not labelled buy or sell that
is added on sites like these by a dumb machine which never keeps up with the current prices available
from the only active MM's so mislabels all day long.
All above its guesswork MID buy all below SELL and if all trades fall within what it sees as bid/mid/ask
range it does not adjust, when in reality you may have gone down to the only active MM's all working one
side of the guesswork MID some buying some selling but the dumb machine will label them all as sells
or all as buys depending which side they are working this also appears to be a narrow spread in truth
again its just the MM's competing with each other to fill clients requests
and if operating on the guesswork mid the dumb machine labels UNKNOWN a button nobody ever uses
it will do the same if the share has moved on much higher or lower to current on delayed trades as it
still adds data after trade volume by current status as it sees it not what it was at the time trade placed

if you read past the header it states the percentage holdings and total holding so it's either
gone up (buying ) or gone down (selling or changed due to dilution placing/consolidation)

reported to ctea

not on ctea

TR1 21/5 11.11%
TR1 26/5 3.66%
TR1 27/5 LESS THAN 3%

All lazily reported on ctea on 1/6 all RNA today 3/6

whatever happened to the 96 hour rule for all % thresholds passed up or down beyond 3%