Member Info for rhertig

Somm, good thoughts. 808 is the one that has me curious. It is either plugged and abandoned or left for the future.

Sitting in the US with a bag of popcorn reading the comments. :)

On a good note there is a massive amount of news flow expected this quarter.

I wonder how much the fee will be if they find oil at block 8. It most likely structured the same as BNG.

Somm I was going from memory. I will have to try and find that this weekend. April would make more sense looking at their plans. No way they plan on messing this up. I don't think they will. That was just in my list of what could go wrong. The big three for me were 1. A big blowout. 2. An overthrow of the government. 3. Messing up the license/government trying to change it. 4. Running out of money.

So far number 2 was our closest threat. But even a government change doesn't mean a death sentence. It depends on if the new one is smart enough not to run off investors.

In my opinion the pro points of an investment here far outweigh the cons. Thus 18 months of wages invested here.

Somm they have to drill the last exploration deep by the end of this year. I give them a high 90's percent of doing this.

An extension on drilling the last deep. I doubt that will happen. Its just on my list of what could go wrong

I bought a new (used) car and traveled 3000 miles visiting 8 US states. Came home and nothing has changed here. Fingers crossed for next week getting the financials. The main thing I want to see soon is the last required deep well being drilled. The nightmare would be a NR saying they have applied for an extension.

Any of you remember Boom Boom Mancini? He was from where I lived. He used to run thru the streets like in the Rocky movies with people following behind. Someone told me Stallone got the idea from him to put in the movie.

Christo4 about the same numbers I have. Royston and the exploration for free. I have put all my investable money for the past three weeks into adding. This is now my third largest holding.

The plot thickens for your summer reading enjoyment.

I read about this block a while back. I think they were targeting 200 million barrels of oil. It's strange they drilled two flowing wells and then abandoned the field.

No cheap shares here yet. Market has several hours before opening.

The worst thing about Casper are all the self inflicted gunshot wounds. Ironically it's happening in the UK and not the US.

Are any of you going to the AGM?

Back from two weeks vacation. Looks like I missed NOTHING. What a crap NR. Oh well maybe I can take a few more weeks.

I start a two week vacation next week. I will be ready for news flow after that. Royston should keep us amused as we wait for Casandra. Has LSE stopped working on anyone else's phone? They did something a few weeks back. I had to log back in on my computer. It will not even allow me on the site with my phone.

Smarty my guess for the lower cost. 802 has been flowing in the shallow horizon. 803 is only going to be drilled to that depth only. 801 will be used to check the lower horizons at a later date.

If I remember correctly Nur-1 was sold out of bankruptcy for 1 million. I wonder if the buyer ever did anything with it.

Found an old article on the well for you. It is a great read.

https://www.texasmonthly.com/news-politics/new-oil-the-giddings-gamble/