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Credibility intact rns as promised end Q1
roadmap still on course seems
Webinar planned
Dorward Drilling program. Planned
Gas deal looks promising Alaskan gov
Vendor financing and service deal still going forward
N&s cpr still to look forward to and imminent
Incl appraisal all new barrels on extra acreage
A POSITIVE. RNS
I agree with your view Scot something is boiling below the surface re Alaska discussing the lng issue and a possible pipeline to bring to market
I also think more importantly David is a very wise owl and he must bring his rns on funding going forward out by next Thursday and Netherlands report too Which course is out of his hands , if his to keep face and confidence of his bigger plan going forward for ultimate 2028 barrel price
Incl USA listing permits etc
With such volotility in the world it must be a thought for all in the USA to produce their own gas and oil and in their own back yard more so than ever
Thanks Stephen
That question been on my mind too
Also in rns it was also confirmed they were not waiting on these results by a third party but pushing ahead
As they know what they have
I’d imagine no ok get than 6 weeks when their own testing on site was carried out
Has anyone thoughts on the risk factor now associated with this find
As in oil my experience is dealing with cos
Chance of success and what is deemed acceptable 40% or 50% or 80%
Where is helium 1 at with this play and how it’s viewed by industry or possible institutions waiting to make a move
As all things everyone is talking it going to the moon and I’m certainly up for that but please keep an informed view of where it could disappoint
If it was a dead cert it would be 50p now plus
Not deramping so no idiots threatening me please or coming for me as you don’t want to do that
Just making chat for which the board is for
Good
Luck to all small holders big holders long or short term
Hi naughtygeordie
Thanks for post
I must have missed the detail of flowed for 30 days from interview can you confirm how fa or in it was please
If so il defo be adding first thing Monday
Also if it had no decline rate for that time ?????
Sorry I might be missing something but was a 48 hr to 30 day flowrate test done and also a decline rate deduced over 1 year plus with full pressure test and reserve estimate provided
4.7 is an amazing rate achieved to surface I’m not taking anything away from this and I’m in long term
But needs consistency at this rate
Any input re future testing needed appreciated
Spot on “. reaction “. totally agree
Own and independent analysis next and dates for flowtest and understanding potential and size of play
Can’t see a jv until these details are confirmed unless 3rd party is happy to take a punt to get ahead of any other would be suitors
But very positive and excited for next few weeks
Thanks for post and I do appreciate it and your right
All I’m saying is as the phrase goes
DYOR. And i would appreciate the view of an independent industry view
I don’t appreciate aggression as I don’t give it a board is for all to give their thoughts and views
Good and bad
Been reading lots few days and all bout peoples investment and what they’d like to see back etc
Not so much science of what is going on by any educated or experienced helium engineers
Ie. Cost of helium and measurement ie oil per barrel
Cost of extraction and getting to market
Cost of licence fee to government
Term of lease
Infrastructure cost
Also technicals possibly we know 4.7 is the measure but what can actually go wrong at this stage for it
Not to Prove commercial without that coming across as a deramp
Blockages, water mix, and what is the rate of decline and over what period
Sure some of these will be addressed shortly or
Next rns
But I’m staying strong and positive
Have nice weekend all
I know not proper to
Mention any other company on our site
But if I may just confirm the strength of a positive rns
Monday helium 1 energy last few weeks gone from 0.2p now 2.5p 1200% rise plus
And watch ceo Lorna’s podcast on. Proactive
Our time will come and it’s all about the jv partners
Rabito
Thanks for figures and are these as olderwiser mentions 2m barrels recoverable from each well
So at 2000 x365 would see a approx 3 year producing well or slightly longer if over time flow rate reduces
Or is there a chance of 2 million barrels being on the conservative side
Hi adz k
I agree we all have our own agendas and financial situations incl the board and totally agree with your post
My point if I may is how powerful a board
Member Share purchase can be at such a sensitive time of pushing through David’s roadmap
Plan
To note it wasn’t too long ago jay and I think Bob sold shares or share options totalling more than a million plus and it had a devastating affect on the share price and so a purchase would help it to push value forward at a much diminished value for them
Also to note Micheal Spencer is a very savvy billionaire investor and if his putting many millions in it’s good enough for me too
Mindful of Still doing your own research
Lots to play for
Everyone have a great weekend
Olderwiser. You’ve proven to have a very experienced level of oil exploration and knowledge in this field of which I for one wholly appreciate and view it as unbiased
and I would totally suggest and not to overstep the mark as not replying or entering into any form of discussion with Kevar whom has a total dishonest agenda as is proven over the last few weeks and no knowledge at all of any relevance