Member Info for RigSuper

From start to finish 1-1/2 weeks .... once rigged up the fraccing only takes a few hours .... but then you have all the other bits to do.

That's right 150 foot "min" ... that could even make lapetus dreams come true. :o) Happy days all ... just time thats all ... I can wait.

Thanks for that .. nice to see we got a mention .. hmm wonder if thats whats taking the time. It would take 3 days + for a risk assessment to be done ... maybe longer. I hope we do frac it ... it makes all the difference ... big style.

Thats the problem I don't have one .... well only the wife ..lol

Sorry to hear that ... that a far old travel down from this place as well. Pleased we know your alright ... Smarts has been asking after you as well.

Pleased to hear from you .... I hope you are alright.

I agree anybody selling at this sort of price are giving them away. Just wish I could get some through H/L .... stuffed me rotten with there arrogance to use the GXG market. I have £90k sitting in my sipp .... doing bloody nothing.

Happy days ... Hope your well fella ...

Another day and its raining .... hmm

Hmm .... I think we will be told when they start back up matey ... just my gut feeling.

The logs would have told them what was down there .... Like I say to me its just a tick in another box .... people have to realises that if your "Goal" is to sell up and move on all the paperwork has to be in place. Another consideration is "maybe" they just want to sell this one well .... then continue with the project ? who knows whats in BMs mind ... Many variables in the oil game .... but sadly .... no crystal balls.

Usher .... I don't know the answer fella ... It would IMO to take what we can from this well and as quick as we can and start on Eb2 ... How they are planning that I don't know you know my saying there are no crystal balls in this game ... only the data on the logs know the answers. Be happy and as always be cautious ... :o)

Some good points guys ... keep the faith ... santa is coming ... ho ho ho. I cannot comment about the ADRs as my understanding of how it works is not great ... but my little bit of common sense tells me that it will have a big impact .... IMO .... I don't think you will see them until after Eb1 has flowed and an RNS comes to confirm that. Eb1 .... The appraisal well ... we are now in a better position than when we 1st started testing. As for the higher zones ... I still have this gut feeling they are the icing on the cake "but" maybe we won't see them perforated and flow tested on Eb1 .... So why ? ... Is this a very clever move by BM ? ... "If" ... I am right then it is ... From the last RNS .... I hate to bring this up again ... but we have to understand what its telling us and more important ..... why !!! Of the 30 zones tested, twenty six were formation water (or dry & tight zones) with some traces of oil, while two zones brought oil to the surface. (IMO = a tick in the box) [Make no mistake a major will ask the question ... "Did you test the "potential" lower zones"] The two potential zones were at the edge of the oil/water contact. However, a consistent natural flow could not be achieved. (but we can fix that) There was also insufficient time available to clear the productive formations. (we need to plan)(I would do the same) Nevertheless, two zones with Gross Formation Thickness of 380 ft (min. 150 ft NPZ) with average effective porosity of 19% (total porosity of 22 - 24%) were confirmed as oil bearing zones, and an initial low flow rate through the tubing to the surface was achieved. (Planning) The Company believes that flow was impeded by a high paraffin wax content and kerogene in the formation. Why no permeability figures ... well wax and kerogene will make the formation less permeable until after its treated ... easy as that ... data from the logs would show this. At 1st ... I thought they would go for the upper zones ..... and that's why BM is not saying much about them .... However .... I now think Eb1 will be completed soon and be very commercial .... target "lower zones" as above with some work. Eb2 .... will be a very fast drill 3 weeks tops ... targeting the upper zones they can see from Eb1 .... Resulting in 2 x good flowing wells .... Eb1 ... our "appraisal" ... well = "completed testing of all potential zones" .... ended up a good commercial well. Eb2 = Fast drill = sweet light crude = very commercial. Eb3 = Majors are banging hard on the door. Just my take on it guys .... think about it ... All in my opinion of course .... be happy .... I am.

Could he have dealt with yesterdays trades ? We will see tomorrow ....

Hmm .... About 3/5 days to rig this up and get back into it .... after the logistics are sorted.

Another day guys .... keep the faith we have the oil .... 150 foot + Digging down the back of the sofa today .... :o)

A good post mate ..... I agree with you on the CPR .... however we need some news now going forward.

The true share price is in the ground .... :o) "Not" ..... what we see now .... Morning all ....

Noble won't be the only ones with there eyes open either ... Thanks for posting.

Come on BM .... lets get this bloody show back on the road. Have a good day all ....