Member Info for Renndava

$50m would see significant progress. Ie another 4 production wells in cane creek and testing of overlying reservoirs

Adon, are you sure the $100m wasnt SGR?

The farm out will actually be a farm in and it will be SGR. Thats my bet!

Ebbs, to be fair that is pretty basic knowledge. It was always going to take 4-6weeks for the formal integrity report to be produced post ILI. If folk couldn't figure that out they probably shouldn't be invested in an O&G company.

The whole point of Enbridge being involved in reinstating the old dominion pipeline was to allow for local supply to green river. Ie local supply.

Also worth remembering that this isnt dry gas field. There is plenty fluids that come the gas.

BB…..that is the whole point in a competent persons report(CPR). Look back and you will see what was scored as proven then.

Mr M, if you backdate the production from those wells since purchase and now factor in the WTI price they will soon be cost neutral I think. Fantastic business 👌🏻

With??

That Magnus deal couldnt have been timed any better. It could pay for itself in a few months at these prices?

I think you are quite wrong about how much money non ops will be throwing off in this oil price environment.

Dsrt - is the non ops wells 100% water cut or something? Not sure how many times they have to say it - paradox production is now completely out of their control

Just another point on this windfall tax. The UK only has 1.5days worth of uk gas demand in storage. There is absolutely no margin in error here for the government. They simply have to get the NS opened up so surely we now have them by the balls?

I think the comments from persons actually at the meeting yesterday carry more weight than this. I guess we will see in the coming ‘days’ as they work the proposals.

They aren't in a position to turn this down anymore simple as that.

“The offer on the table was billions of pounds worth of investment, which can be unlocked overnight if the right fiscal and regulatory conditions are in place.”

I was a bit sceptical until i read the David Whitehouse comment. Considering he was there this sounds very promising they intend to work with the government in coming days to find a solution!

Cracking little pullback to the T-line. Folk should be filling their boots!!

More pressure!!

https://www.ft.com/content/2d1867e7-adaa-4fea-bb63-0478cae41558

There was a £638k the other day too. Institutions in the know that EPL is getting scrapped?

Is that your £643k buy going through this morning? 😳

Another blow for mad Ed…

https://tv.gymroomathome.com/16072/?fbclid=IwZXh0bgNhZW0CMTEAc3J0YwZhcHBfaWQKNjYyODU2ODM3OQABHjns7WY9wBGA9V5eEOAjsMtLpLclWio2Lkh1U_VTK2xcn_iQ-uOHOaM6AfjS_aem_OuCnNh0oXO7ebYgoXLtniA#mly8ctuf3943mbvog32