Member Info for Peakybrum

Why the heck is this share not £1.75 at least
Broker valua £3
Gonna blow the bloody doors off

Got it
Thanks mind******

Hi mind****** any chance you could post into this site

Again an amazing response olderwiser
And one understandable to us non oil experts
Many thanks

Good morning all
And still awaiting a rns
Hope for a good day today
Question for more knowledgable of us
With no news would suggest no 24 hour first flowrate of oil yet to report and so would assume frac water still being removed
With a oil cut of 8-12% as previously reported and such a large strong flare as seen would this indicate a large barrel flow of water and oil to produce such a strong flare, if oil is such a small
Percentage of barrels flowing water/oil
Sorry if tad confusing
Just thoughts please

Be great if anyone can post piccy of flare from today or last night
Keep everyone’s spirits alight !!!!!

Cheers Scott and chippy for info
Getting very exciting indeed now with such a build up and olderwiser previous gas flare and gas to oil ration the other day
Looking like 3 x. 795 barrels a day possibility
By size and strength of flame
Not
Long now

Would that have figured in a good flow rate from alkaid 2 or prior to it flowing £3
With it flowing and theta and talitha last year maybe a re rate of value per share is needed

Hi to all
Patience seems the key here at mo but no news is good news I’d say
A small question I have to the wise of the group
When rns says not all blockages we’re cleared is this referring to some of the fraccs are still blocked and so would not be producing thus reducing bpd figure envisaged
Or hoped for
Fingers crossed a rns Monday or soon
Previous description I think from mamaris of strength of flare flame to gas to produce it to oil ratio to gas
Fingers crossed and all have a good weekend

So if we’re transporting oil definitely
Then blockage must have been resolved and flowing whatever the rate
And to confirm jay mentioned he would do a 24 hour flow test and a month one and a six month one if I’m correct
So due anytime now !!!!!
Any comments all

Thanks mamaris
A small question if I may
Talk is of well needing to produce min 750 barrels per day for it to be commercially viable
Was this figure when it was going to be originally 8000 long horizontal or would that have needed a greater bpd

Got it
Huge thanks
What a shot

Hi newanda
Not tech savvy any chNce you can post photo of flare from discord or a link please

Thanks
Mamaris for info
Believe
There was talk of the data room now being opened to
Potential suitors
Early December I think I recall jay saying

With respect
Pantheon is nothing on par as 88energy
Read the last 10 rns
Talitha theta and alkaid all flowing and tested
£100 mill
Last year raised within hours
All 2.3 b recoverable estimated by independent sources
Liberally and assumed more if 30-40% is adopted
Not 10%
If your not happy and negative invest elsewhere your call

Hiletyourselfgo
And welcome to the board
In reply to your question your quite right in saying how can a company be valued at £500 mill not a billion as you describe
No cash turnover
If I may answer how I see it
This is a company Over many years spending on exploration £100 to £200 million and 3 d seismic £300 mill alone
as with all exploration oil companies at a point now of proving up 2.3 bill barrels at 100 dollars a barrel and close to alkaid 2 production at 100 mil+
At these figures 500 mill is chicken feed
A suitor in the wings last year with a 10 digit
Buy in makes this an undervalued asset
All be it an aim listed investment with the risk and reward this brings with it
You place your bet and take the
Gamble or don’t your choice
Risk verse reward
If it was easy everyone would do it
Dyor

Thanks again mamaris

Thanks for a full technical description mamaris
To those of us in the dark
Last year st theta I believe once drilled cement was pounded down hole and they managed to clear this and flow
Is this blockage at alkaid in your opinion as severe or more easily solved and cleared as a usual occurrence in fracking horizontally
Really appreciate your thoughts

Very quiet on here today
Thinking everything has been said that can be said
Just now waiting for the due rns and future plans good or bad
Another few pence drop today but definitely think when positive rns is out will shoot to the moon
Also once producing we will appeal to a more instititutional investor
Fingers and toes crossed

Re reading rns Tuesday 25 th October
9th paragraph
Micheal Duncan vp
Before blockage we experienced early oil production very encouraging
Put this with jay earleir
In rns. We experienced flow of
Thousands barrels a day of fluid
As has been said before
Just join up the dots