Member Info for rionel

Maybe its just taking along time to count all the bazillion barrels they are finding? :)

The Tomax reference suggests rock was harder to drill/vibration issue and timing suggest that was in the initial vertical. They surely must now be well into the lateral sidetrack. Given what was stated predrilled and cost of such its hard to image they would have continued this long unless already found success. Of course we've been fooled before but even more reason to not make that mistake again and wait till all complete and be sure of success before announcement.

Up 7+% pre-weekend buying?

Care to share for the non FB folk?

Very likely now in sidetrack but the response I got on Tomax is it likely means they had vibration &/or tool fail issue. Check out Tomax AST tech and this would make sense with the 2 weeks ago statement. The fact still going would likely indicate problem solved.

Good find. :)

Your subject makes that look like a known statement.
How do you know?
See below.

molokia, in booking that flight are airlines accepting stock at future value? ;)

Early info suggested they would not do a side track unless they first hit on the vertical, why would they? However, id expect them to wait till they have all the news, nobody wants a repeat of Joe/Jethro.

Whats your simply multiple going from Prospective to Contingent?

If not mutually exclusive (sounds like they are not the way you describe) then P(A or B):
.37 + .34 - .13 = .58

Prob of first hit & sidetrack P(A & C)
.37 × .33 = .12

Can't image that they'd need to ferry material to plug a well.

"How much and how much liquid"

^^ yes ^^ I am waiting on buying the champagne.

PS: doesn't one of our posters on this board have a dingy he could row out and give us all a hands on report? ;)

I'm surprised that folks are selling at this point and that the bid ask spread has been so tight. Maybe we'll see that widen a bit this week?

I'd say that makes sense, every day we don't hear something this next week means an increase in the probability its good news.

Yes. :)

I agree. And they also mention the "commercialisation potential of Jethro" again.

But there's always the "broken clock/blind squirrel" theory, correct? :(

https://oilnow.gy/featured/orinduik-partners-to-target-exploration-well-early-2023-eco-atlantic/

Have you seen the price of corn lately? Its either sausage & champagne or you'll be lucky to get coffee & oatmeal. ;)