Member Info for pawnsacrifice

Well he's not the best. I saw him post the share price was under pressure when in fact support held thursday on the 50dsma and if it jumps a tick or two tomorrow morning its broken out to the upside again.
That was the main reason for the sarcasm in my last post.

Guess thats what happens when a distressed seller gets to play while the stocks low volume still.
Disparity between 6m and 600m seems too large will be watching again to see how tgis plays out on the wait for updates.
Looks like MYN marked the bottom at least.

(see pg 8)

Even if we take the 342 as correct until we know otherwise officially isn't it the optimised flowrates that will be important going forward as with the Portland? (see pg *)
Would have thought these were the best achievable using the optimum choke size etc

If KL3 follows the same path as the Portland then optimised flowrates will be somewhere just over 600BPD
Check pg 8 of the table in UKOG's presentation and you can see how it plays out..

http://www.ukogplc.com/ul/UKOG%20Corporate%20Presentation%20Nov%202018..pdf

With every post captain you show you've no idea what you're talking about. Why on earth are you talking depletion rates on an x-y axis over 30 days when there were 9 days of pressure testing/downtime to take into acct?
Try asking UKPG when they'll have optimised rates out for KL3 thats what we're waiting on not pi charts from those with no understanding of what they're doing.

Re Confused Captain....

Buildup test
This is the most preferred well testing technique. The well is first produced at a constant rate till pressure is stabilized and then the well is shut in. Pressure is recorded as a function of time.

Advantages
Precise control of rate and P* can be determined.
Disadvantages
Loss of production due to shut in.

Yes but captain it wasn't a flowtest it was an extended well test where pressure, wellbore stability, size of reservoir calc are also important.
You seem to be claiming this was a 30 day lets gush as much as possible to impress the pi's exercise-it wasn't and so pressure was given at the end of test instead
Good that the average was 488BPD don't you think although it does make your 120BPD scaremongering look a bit silly.

Been mentioned on the ANGS board that flow rates of 342BPD was for the "Full test period" yet the well was shut in for 9 days.
Works out too..
10,248 bbl / 30 Days =342BPD

Given this was an Extended Well Test why did they include the 9 days of shut ins for the flow figures?
Seems to hide the fact that actual average flow for K3 was far higher ie..

10,248 / 21 Days =488 BPD.

Just seems odd?

Interesting take and with just the 9 days of shut ins for pressure buildups taken out you get an average of 488BPD.

10248 / 21 = 488

If you've got 26k in here and you claim to be in for the longterm then why are you wetting yourself less than halfway through November when Vonk stated quite clearly it could be coming up to Christmas before the taps are turned on at brockham?

The truth? You can't handle the truth!
£1 by Christmas. lol

14p anyone?

When he said definitely before christmas I took that as my timeline. Always go for the end of the given time frame with any oiler imo and you're less likely to be disappointed.

Thanks for that good to see them moving forward during this low level news period. Twitters become quite a useful and informative service for these oil and gas co's and BLOE's making good use of it imo.

True innit. trying to go back up again by the looks of it, slow but steady wins the day.

yes but don't we make it sound good!

Agree the placing would have been "better received" at a higher price thats always true but don't think its effecting the price today.
We had the placing effect earlier in the week then the share took off back to 15p once the market realised just how tiny the dilution was and accepted that meant no more placings to worry about that ones out the way now.
Todays just Friday profit taking on aim aided by the fact the share was overbought. Agree we may see a blue finish myself but wtfdik etc etc.

Bouncing! Looks like its 20p Willow. Hope you're in!

Suppose 12.5p looks a good level for a healthy pullback so can see where the chartist is coming from. peeps do like to take profits fridays no matter the reasons not to imo.