Member Info for Rivendell666

https://newspaperarchive.com/bluefield-daily-telegraph-apr-09-2001-p-12/

Newspaper story on the mystery of KIC-1

If we'll get a new board member soon. The collective wisdom of Brett and Paul must be a big loss. Will it be a big name.. ex COP or BP. ??

Condolences to all.....

""The Winx Prospect is a 3D seismic defined oil prospect in the successful Nanushuk play fairway with a gross mean unrisked prospective resource of 400MMbbls (75MMbbls net to Otto). Refer to the ASX release of 25 June 2018 for
further details.""

""During the quarter Great Bear agreed to sell its share of 17 leases to Burgundy Xploration LLC and Accumulate Energy Alaska Inc. (wholly owned subsidiary of 88 Energy Limited). Otto elected to “tag along”, hence agreeing to sell its working interest in the 17 leases. Once all the assignments are executed and submitted to DNR, Burgundy will pay Otto US$6,053.81 as the purchase price for the leases. Otto maintains the key prospectivity identified in
the Central Blocks.""

http://www.ottoenergy.com/site/showdownloaddoc.aspx?AnnounceGuid=6c296c1c-48e6-476e-9324-50506b4bb870&TE

RMP RNS

""Execution of the rig contract at this time allows for a steady and measured permitting process and provides ample time for all rig preparatory work to be completed prior to rig mobilisation and drilling in 1Q2019. A rig walkthrough is tentatively planned by the operator for the end of October. The permitting process is proceeding on schedule with the operator regularly interfacing with the appropriate regulatory bodies.

A joint Technical / Operating Committee Meeting was held by the consortium to discuss well planning, permitting, rig preparation and mobilisation. All aspects of the process are on schedule with drilling of the "Winx" prospect still anticipated to commence 1Q2019.

The Winx Prospect is a 3D seismic defined oil prospect in the successful Nanushuk play fairway with a gross mean unrisked prospective resource of 400MMbbls (126MMbbls net to Red Emperor) and a geological chance of success in the range of 25-30%. Refer to the ASX release of 25 June 2018 for further details""

One of these days .........

https://www.proactiveinvestors.co.uk/companies/news/206956/apple-takes-control-of-iphone-power-management-systems-with-dialog-semiconductor-deal-206956.html

""Apple Inc has struck a $600mln deal with Dialog Semiconductor, a key supplier of iPhone components, which effectively gives more control over the development and production of iPhone battery and power systems."""

Makes ya think nice thoughts ........

Quite agree with you that the standard of trolling here is very poor. If there is no news until December then you'd think the trolls would at least be a bit inventive in their trolling to fill in the many blank days ahead with FakeNews.....

Chariot and Otto firing blanks ...

C'mon over to 88e chaps and chapesses

Do you know that Wales is the Westernmost city of mainland Alaska. .. ??

I'm so old we had exams in s.ex education in school. Failed the writtens but came first in the orals...... so I failed that as well .........

www.ottoenergy.com/site/showdownloaddoc.aspx?AnnounceGuid=66a472e1-74c5-43df-b4a8-b7674a012443&TE

pp 17 - 21

We'll probably end up with 20 per cent as we near decision time once snh (?) take their share. Interesting times with brexit,. If there's no deal will dollar rich companies be bought into ??

Our ducks are still lining up.......

""But beyond the shortest term, a larger and more alarming gap in global oil supply is looming—experts forecast that unless large oil discoveries are made soon, the world could be short of oil as early as in the mid-2020s. ....""

https://oilprice.com/Energy/Crude-Oil/The-Oil-Industry-Needs-Large-New-Discoveries-Very-Soon.html

And Cameroon both start CA, so maybe a little bit of Alphabetic magic might head our way .......

https://www.rigzone.com/news/shell_partners_approve_31_billion_project_to_speed_gas_to_asia-1-oct-2018-157085-article/?utm_campaign=DAILY_2018_10_02&utm_source=GLOBAL_ENG&utm_medium=EM_NW_F6

"""The outlook for LNG has since brightened. The market, oversupplied for the last few years, is seen flipping to a deficit as soon as 2022 absent new projects, according to Sanford C. Bernstein & Co. LNG imports will set a new record this year of 308 million metric tons per year thanks to growth from Asia, Bloomberg New Energy Finance forecast on Sept. 12."""

Try Adblock Plus. Keeps the page free of all ads. Click the 3 dots on the upper right -- more tools -- extensions. etc to open web chrome store ... (called add-ons on Firefox)

Sadly not on commission.....

But still good ....

""Otto holds a working interest in four leases totalling over 22,710 acres located in the heart of the prolific Nanushuk oil fairway. The Horseshoe-1 well, which discovered oil in 2017, is located less than one mile to the west of Otto’s
Western Blocks. Horseshoe-1 extended the Nanushuk play fairway by well over 20 miles to the south of previous drilling. Repsol reports that since 2011 the Company has drilled multiple consecutive discoveries on the North Slope along with partner Armstrong.

Industry sources have indicated contingent recoverable resources discovered to date in the trend could contain over 1.2 billion barrels of oil. This places the trend as one of the most significant emerging plays on the Alaska North slope. With ongoing drilling in 2018 it is expected that additional discoveries will be made in this emerging play trend.

The Horseshoe-1 discovery well was drilled by the Repsol-led joint venture in 2017 to a total depth of 6,000 ft. and encountered more than 150 ft. of net oil pay in several reservoir zones in the Nanushuk section. The deviated Horseshoe-1A sidetrack was drilled to a total depth of 8,215 ft. and encountered more than 100 ft. of net oil pay in the Nanushuk interval as well. """

http://www.ottoenergy.com/site/showdownloaddoc.aspx?AnnounceGuid=475d8aff-86ab-43f9-9a29-ddcbc3bcf5f1&TE

The last sentence should make Guinness World Records for understatement

""The chief executive of Danske Bank has resigned in the wake of a money-laundering scandal involving its Estonian operation. Thomas Borgen stepped down following an investigation into payments of about €200bn (£177bn) through its Estonian branch.

The Danish bank said many of those payments were suspicious.""

https://www.bbc.co.uk/news/business-45571744

Doris Day still going strong at 96 ....

Let's hope I don't have to wait that long to prosper from 88E ....

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