Member Info for PlantedBHA

Not long now until Spirit, the OGA and hurricane announce the tie back of Lincoln.

Not long now until a rig announcement comes for our drilling campaign next year

Few spooky scenarios to consider

1) sidetrack 7z and target the sands higher up or use as a water injector.
2) sidetrack 6 well further into the sands
3) full new water injector/producer

Drilling decisions dependent on current production, pressure decrease or not, water increased or not.

Will Spirit be involved/finance the drilling at Lancaster, given production now is sucking from Lincoln?

One things for sure, when news comes 2.2p will be gone.

Has 11.55 % of the company with an average purchase price of 9 p / share.

Enough said ......

Been sanctioned?

If the train gets too full..

Bit smelly though .....

That I am in the very knowledgeable bracket

Very kind indeed slifty

And have an average price of 9.2p

What do you think ?

Dah!

He needs to show he has teeth and get his forward plan out to the people who pay his wages.

And soon....

Well would suffice, rather than a full blown water injector.

A lot less cash .

Would they not be buying like crazy in the background again to try and get that 9.2 p average for 11.6% of the company down somewhat ?

You must be taking a close look at this

Producing oil at 14500 barrels a day
Massive tax write offs
Possibility of a bigger player getting Lincoln tie back over the line with the OGA and costs mostly taken care of already
Massive Acreage
Large sum of cash in the bank
Infrastructure in place
Decommissioning costs taken out of the way
A plan to excavate more crude going forward

Paid average of 9.2p / share for 11% of hurricane

SP is now 2.5

They just upped their stake massively

Guess we know where it’s going next then?

And use it as a water injector ?

Be used as water injector to boost 6 production?

Wouldn’t a quick sidetrack of 7z higher up suffice and water injector then could be cancelled.
Sidetrack would cost a fraction of water injector

Anyone ?

Hurricane.

10 k a day , 5 k for hurricane

Zero value ?

Zero ?

Pumping 14500 barrels a day

20 million of that value tie back equipment Pre bought for Lincoln?

So 30 million for acreage and production at 14 k a day

Seems about right ?

Lincoln 14.

Expect to be hooking up lincoln 14 with spirit and the OGA’s say so.