focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
It would be more advantageous for us private investors to have commerciality confirmed in the new tax year to give us a chance of transferring another tranche of shares into our ISA’s, a difference of a week from end of March to end of first week of April could have quite significant financial implications. But first and foremost, I’m just hoping and praying TE10 flows.
but has anyone else noticed the faint line on the 3rd column (Greater Tendrara) of the prospects , leads and resource chart on slide 7 of the Q1 2019 presentation. Its set at about 4 TCF. I wonder if this is a subtle indication of what's to come. Just mere speculation on a cold snowy morning.
Yeah, Ive just read up on it on wikipedia. Certainly correlates to the C1-C5 hydrocarbon findings. Does the fact that there aren't heavier hydrocarbons maybe suggest that these higher volatiles have migrated from a lower depth ie the source rocks, or would they have most likely been formed in the sand layers
in the RNS dated 27th Dec, it stated that they were using the MDT to take samples, rock and fluid.... is there a chance that there may be an oil play here as well. I know this has been suggested as high possibility for TE11 so wondered what the chances were here with that comment.
I reckon we could easily be at 1745m , just above reservoir. Looking at the previous webcam footage I reckon that the first casing at 300m went in after about 3 days, that then gives us 1450m to drill in 10 days (145m/day), on TE9 we went from 1st casing to second casing at 2200m in 9 days (206m/day) so it is highly possible.
Only that if there was nothing to see they wouldn't have suspended the feed. There is obviously price sensitive or Company sensitive footage that could be observable at the present time. Either way, I see it as a positive.
Thanks guys. Positive and informative reading. Much appreciated. Just like to add one thing I gleaned from a research paper on Yorkshire mudstones, it states that it was a good source of shale gas with good fracking potential.