Member Info for Phoebus

The next exploration well on Stabroek will be Fangtooth-1, which is targeting deeper intervals. The drill location is roughly equidistant from Jethro and Liza and will be the closest well to Orinduik to test deeper horizons than those that were successful in the Triassic at Hammerhead. I imagine success here may well have implications for derisking ECO's Cretaceous prospects which are directly up dip and only a short distance south west of this location.

I'm no geology expert, but would imagine that confirmation of oil charge at this level and location would increase the likelihood of oil migration into our Cretaceous prospects in the NE quadrant of Orinduik as the Fangtooth location looks to be only a short distance away and directly down dip on the migration pathway.

You can see the Fangtooth-1 well location on p10 of the latest Hess presentation. GLA

https://investors.hess.com/static-files/cd1529dc-ddd7-41b4-8c08-07f973fe8ceb

The next exploration well on Stabroek will be Fangtooth-1, which is targeting deeper intervals. The drill location is roughly equidistant from Jethro and Liza and will be the closest well to Orinduik to test deeper horizons than those that were successful in the Triassic at Hammerhead. I imagine success here may well have implications for derisking ECO's Cretaceous prospects which are directly up dip and only a short distance south west of this location.

I'm no geology expert, but would imagine that confirmation of oil charge at this level and location would increase the likelihood of oil migration into our Cretaceous prospects in the NE quadrant of Orinduik as the Fangtooth location looks to be only a short distance away and directly down dip on the migration pathway.

You can see the Fangtooth-1 well location on p10 of the latest Hess presentation. GLA

https://investors.hess.com/static-files/cd1529dc-ddd7-41b4-8c08-07f973fe8ceb

Moog, sounds like you might own TSLA shares? :D

appraisal well on Stabroek.

appraisal well on Stabroek.

I like QBT but that's being silly. 320p is nearly £3B market cap. Erm?

https://defipulse.com/

Crypto sphere has never looked better. Great timing for QBT.

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https://defipulse.com/

Crypto sphere has never looked better.

£80M discount is way too much.

By my calcs listed holdings peeping over £300M in the last couple of hours. Market cap only £218.8M.

By my calcs KR1's NAV is up by 63% since Aug 9 and yet the SP is flat. Very odd indeed.

Might be nice to hear we've switched to mining ETH with a proportion of the servers.

Double the size of Destiny.
https://oilnow.gy/featured/giant-liza-unity-fpso-sails-into-guyana-waters/

In last 24 hours Kr1 top performing larger holdings are TIDAL up 62% to £2.2M, VEGA up 18.3% to £10.1M, ATOM up 11.4% to £34.8M, ICP up 9.2% to £6.7M, LDO up 6.9% to £37.5M. Wakey wakey market.

https://www.youtube.com/watch?v=Z3JWFklREK8&t=0m36s

Up again. I have NAV of listed investment plus book value of equity stakes at 211p. Selling at a 25.3% discount.

Up again. I have NAV of listed investment plus book value of equity stakes at 211p. Selling at a 25.3% discount.

Pouring even.

Plenty of fresh powder. Look at the money poring in elsewhere. Plenty of shares roaring. QBT up huge in just a few days. Market is waiting for this to start moving before money piles in. If crypto ends 2021 like 2017 then the NAV here will rocket and the SP should follow. Truck is backed up ready and waiting.