Member Info for Phoebus

Kaieteur block resource figures are here.

https://www.ratiopetroleum.com/en/projects/guyana/

I think the columns are probably COS, P10, P50, P90, number of stacked reservoirs and target name. Look at Toucan with 702.7 MMB P50 and 56% COS. That's 10.8 MMB P50 recoverable to WTE. I've looked for the resource figures for the Canje licence, but haven't found them. Does anyone have a link? Thanks.

Just email the company directly.

It was confirmed by the company about 2 weeks ago.

WTE has stated that a number of wells are anticipated to be drilled across WTE's Exxon operated Guyana licences in the next 6-12 months and that will almost certainly include Canje.

Exactly. 72% COS and directly on trend and adjacent to 20 odd mega discoveries by EXXON. Don't think I've ever seen an exploration well opener for a tiddler with such a nailed on likelihood of success. Don't forget that Tanager-1 is only the first of a number of wells anticipated to be drilled across WTE's Exxon operated Guyana licences in the next 6-12 months. Investors need to smell the coffee and get in ASAP as this really looks like it could go supernova.

These all appear to be companies you pay for services, not companies that pay you for a share of your asset. So far it looks ike we have a shell company created to coordinate quotes from service providers. Not really a farmout at all. The Sequa deal that vanished. The Chinese cheque that never arrived. The farmout that's not really a farmout. Give me strength.

July 30, 2020

“The Stena Carron will next move to the Kaieteur block in which Hess holds a 15% working interest to spud the Tanager-1 well, which is located 46 miles northwest of Liza,” Greg Hill, President and Chief Operating Officer of Hess Corporation told investors on Wednesday.

A block-wide application for environmental authorization to conduct oil and natural gas activities on the deepwater Kaieteur block was submitted to the Environmental Protection Agency (EPA) by ExxonMobil. This has since been approved, according to EPA head, Dr. Vincent Adams.

https://oilnow.gy/featured/stena-carron-to-spud-tanager-1-at-kaieteur-block/

Yellowtail is in Stabroek, but not close to Orinduik, which is to the left of Hammerhead on this map:

https://www.guyanastandard.com/wp-content/uploads/2019/07/MAP-2-1.jpg

Yes Rob. That's been on my mind too, but the companies seem to be telling us that drilling is about to go ahead. Bit late to stop now.

Yes Robs. That's been on my mind too, but the companies seem tobe telling u that drilling is about to go ahead. But late to stop now.

Great thinking there Donny.

Hopefully HESS will farm in to TLW's share of Orinduik.

That lack of liquidity combined with drilling could really cause a monster squeeze here.

I don't know about the rest of you, but I'm so convinced this exploration well will be successful that I'm staying fully invested right through results.

'The Stena Carron will next move to the Kaieteur Block, in which Hess holds a 15% working interest, to spud the Tanager 1 well, which is located 46 miles northwest of Liza.'

Given that this oil tiddler is about to take part in Exxon drilling the motherload I can't belive the total lack of interest here. It's astonishing.

Transcript of HESS conference call:

https://www.fool.com/earnings/call-transcripts/2020/07/29/hess-corp-hes-q2-2020-earnings-call-transcript.aspx

Impossible to buy. Hopefully an RNS soon.

I have £20K in here already, but the lack of sell liquidity makes me balk at the idea of adding any more even though prospects look sellar.

Why is there still no Notice to Mariners issued for drillship move to Kaieteur?