Member Info for REDDINGTONR

Cheers Gary, plenty of little snippets: The stimulation design for Icewine#2 has been completed, and the final application has been lodged with the State. The logging program in Icewine#2 was tailored to optimise the location of perforations for the stimulation design by identifying areas within the HRZ with: � the same stress profile; � the highest hydrocarbon saturation; and � any pre-existing planes of weakness that may be exploited by artificial stimulation. All three of the above goals were accomplished successfully and the Company is confident that the stimulation design has been optimised based on the best information currently at hand. Additionally, insights have been gained into the stress profile and pore pressure of the HRZ, which appears higher than previously expected. This can have a direct effect on potentially higher flow rates. Consequently, the planned micro stimulation (DFIT) is no longer necessary and will be removed from the forward program.

Also wondering if the pressure differential between zones is uniform and we get commercial flows from this test well then does that mean we can pretty much land a horizontal within a much wider range? Could be a lot cheaper to develop if that�s the case.

Pressure data should be available in the next few days, just wondering whether it�ll present a profile that�ll allow us to make any predictions on the success of the earlier FRAC process?

Good luck guzz, hope it goes well, as know all family worries

I just reseeded mine due to barstool builders leaving multiple skips on it. Any ideas on how long to leave it, as about 1/2 an inch now.

Give it chance, it has multibagged from the fairly recent low. Trumps announcement tomorrow should lend a hand. Next supporting action will be the Iranian response, assuming Trump doesn�t flip flop.

Ah yes that’s a good possibility and having that knowledge would provide confidence to buy more. Very sneaky but bodes well for the future in many ways

I agree with the forward selling theory and my guess is that we’ve churned at least a quarter in just a few days. I would also assume that a good amount will be kept back as long as oil and company sentiment stays on track. Obviously we need Trump to follow through with the Iran deal closure on the 12th, which should help see Brent at the 80 mark. If Iran plays into US hands and starts them centrifuges then I would imagine Israel will start bombing uranium reprocessing assets. Then we’re probably looking at 100 plus, which could be part of the overall US / SA strategy and I’m sure Russia would turn a blind eye too. All conjecture, but 100 + oil coupled with some form of ICE 2 / farm out success should make a few 88e millionaires in the coming months. Now where’s my 10 gallon hat!!

I can't see it Stalin, but have plenty of ammo just in case and I know that their are quite a few watching and waiting to do the same.

Good strategy, it's a bugger to find the ultimate bottom, so I just pepper it with buys over several days. Under 2 would be very lucky imo, as it seems that there are loads of hands waiting to catch loose shares. Enjoy the Turkey shoot!!

Had another little pop, can’t believe it’s still in the low 50s. Seems a great long term accumulation opportunity to slowly build whilst under the radar.

I agree, ridiculous SP movement when you consider the potential here with such low risks attached. Had another little pop this morning and determined to keep chipping away over the coming weeks.

Had a little top up as well, but can't seem to get better than 0.54. Maybe one day we'll be laughing at such a silly SP. I was a bit surprised with yesterday's news though, but it helps us to broaden our horizons then we can't really criticise too much.

Well spotted, a bit sneaky on a quite Friday morning. Hopefully more will follow on Monday.

Totally agree got some at 2.95. Famous last words, but surely it can’t sink any lower.

Doesn’t seem to be falling to me, can’t improve on 3.44 atm.

TSX listing?? Not sure on the timescales but application report is due end of Q4 according to last RNS. Compliance with AIM regs should overcome some hurdles, but I'm guessing that as they've recruited a third party the process may take some time. I'll drop line to find out more.

Managed another nibble, seems cheap at 1.7. Famous last words, probably 1.5 tomorrow.

tried too, but can only get a decent price on smaller buys, so may as well go for slow n steady.

Also tried buying 950 but can only buy little batches. Anyone else getting the same probs. With ig atm but thinking of sampling another broker.