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I saw this on a article about liquid rich natural gas in north America. "At a natural gas price of $4.50 per million cubic feet (mmcf), 40 barrels of liquids per mmcf improves revenue to $7/mmcf " A trillion cubic feet produced over a 20 year period would be about $3.5 billion a year. If we only got a third of that..........
This is one of my top 5 for 2022. I'm a little shocked by the drop today. Will take it as a gift if it falls any further and buy more.
CC can get a little obscure in his use of language. For those of you wondering what a flapper is click the link and enjoy.
https://www.youtube.com/watch?v=NdPlUjbiDoI
Somm If this were any other company I would say finding 250 m of oil at this point is impossible. Hitting oil in the Devonian is massively material. It would have been news release worthy. Kind of like the Vuggy stuff news releases back in 2014. With this outfit I would not be surprised at radio silence. Then the conversion of debt for shares. Shortly thereafter oh by the way we found oil in the Devonian.
Casp has never been normal to be invested in. Still hoping for 25 pence by Christmas.
I was hoping for a Vuggy stuff news release before we hit total depth. To me it would be major news. Mabey not for PI's but it would drastically change what a major would pay for us. They just need the science not the flow results. The majors already know how to flow Tengiz.
Came on ISE this morning hoping for news on CASP. Nothing as normal. Was super happy to see the TXP news. I can't wait to see what happens when the US and Canadian markets open. My theory is the oil migrated up from down under and the Kraken will be a monster. :)