Member Info for RNSTranslator

You're all safe in his hands he's done it before:
In his own words here
https://www.youtube.com/watch?v=kbonWR5Mohk
from 18:00 onwards...
here's today's challenge: which were those 5 companies "he's done it before "with??

It is frankly embarrassing to see the rampers constantly not wanting to engage in backing up their claims, and revenue numbers..net vs gross is simply not in their dictionary.
they never do their calculations because they can't...its all about selling the dream... aint it Rodders!

"Wonder why that is then?"
Because folks like you who like to put out half truths and plainly wrong revenue "calculations" (for your own self serving reasons) need to be called out by the information the company actually publishes.

TAC
Oh I didn't realise that they'd already changed from the "instantaneous flow rate" of 844 bbls/day to "..defining a plateau production rate, matching the well behaviour to the permanent facilities, long term operational objectives and prudent reservoir management."
These two are different things, although I suspect you know that don't you?

“yet never have a good word to say about management, assets, revenues etc,”
Maybe because management have never delivered… ever…
Perhaps one of the rampers can show us some evidence that they have…rather than complain when the obvious history and previous failure to deliver is posted.

I’ve been told by normally reliable (not) sources that the longer the test takes the better…so I’m hoping we hear nothing until Christmas…by then Santa David will have a beard and something in his currently empty sac.

“David has a very loyal following.“
Yes Heid , you and Mrs Bramhill.

"You RNStranlator are a rat dressed in sheeps clothing."
Obviously spelling and metaphors not your strong suite.
A bit like your maths I guess.
Keep taking the Ritalin, it'll help...

I could also write a list of posters I do not have credit for;
Top of the list :

Heid: Sept 2020, UJO price 0.25 (50p)
"Looks like great progress at West Newton.
Potentially the Biggest Oil and Gas find in years with Heid's 3p (600p) prediction still standing.
Mr Brammers will be ... The Greatest Oilman ...
Lovely."

6 quid eh Heid?, not 19p? what went wrong? Too many facts got in the way? bless!

I believe that if you buy £10,000 worth of UJO shares Daaave will make you a MILLIONAIRE* within 6 months (including any leaked placing dilutions)
There that was easy...

* Iranian Rials

So you reject UJO's own numbers... Daaaave won't like that...
uncomfortable truths uh!

"Your posts RNStranslator switch me right off. Cant do them."
What too many calculations, rather than a random number plucked out of the air?.
How about this one? its quite simple:
at $80 the ENTIRE reserves net to UJO from the Ashover is between £5mm and £12mm over the life of the field not per year.
So where did you get £15mm per annum? of course I forgot you don't answer tricky questions (or understand how this stuff works do you)

Ribeye
Your gas to power calculation is incorrect/incomplete. Current UK ETS is £60.
Although we don't have figs from the EDR or UJO, here are some general numbers.
From the EIA: Natural Gas: about 7.5 cu ft of gas to make 1 kWh. This includes power plant inefficiency. (we don't actually know the latter).
So, if this is correct, that's 480,000 cu ft per day should produce 64000 kWh per day. Wholesale prices are currently in the 5-8p per kWh at present, and of course we don't know what their sale price actually is or if its is floating or fixed..so that's likely a range of £3000-£5000 per day in revenue gross, I presume they are leasing the generator??.
64000 kWh from gas produces 0.185 kg Co2 per kWh, so that's about 11.5T of Co2. current UK ETS costs are about £52/T, so that's about £600/day in emissions costs leaving £2400-£4400/day before lease costs (if any) so that's £1000-£1800 a day net to UJO.
We don't actually know as they don't tell us what the numbers are... but this should give an approximate ball park at least.

"Also SSE an Equinor have plans for world leading hydrogen storage very close to West Newton"
So what has hydrogen storage got to do with WN?

"Yes zoom..some homes already have a mix of hydrogen going in to their homes an don't even notice.
Again Heid you are just dead wrong, current regulations do not permit anything other than trace hydrogen in the system, so exactly how is this already being done ... keep digging

"These regulations ensure the safe use and management of gas through the gas network in the UK. GS(M)R currently restricts the hydrogen level in the UK to 0.1%. ... Based on the evidence, this safety case will propose the percentage of hydrogen that can be delivered safely to homes (to a maximum of 20% volume).

"Jim Ratcliffe will middle finger up the greens."
Must be a different Jim Radcliffe to the INEOS Jim Radcliffe I guess..?
"INEOS and Petroineos have entered into a Memorandum of Understanding with the Acorn CCS Project to work together to develop Scotland’s first carbon capture and storage system.
Operation of the system, which will cover the entire Grangemouth site, is aimed to start in 2027.
INEOS and Petroineos have already reduced CO2 emissions at the Grangemouth site by 37% since taking ownership in 2005.
This project will increase its emission reduction in Scotland to more than 50% compared with 2005, with scope for further, significant volumes beyond that."

You might want to stop digging at this point...

Heid you mean this at saltfleetby?
"The keys parts of the project are to install processing facilities on the existing Saltfleetby site to ensure gas is at the required pressure, temperature, and specification to be sent to the National Grid, and to install a short export pipeline extension of some 750m to connect the field directly to the National Transmission System. " so as I said earlier a processing plant and (750m) pipeline... how long is the WN pipeline going to be??

Heid you've gone a bit quiet.. still trying to remove your foot from your mouth??

Trying to put Natural gas into a hydrogen on C)2 pipeline doesn't exactly strike me as "clever" I have to say!

No Heid those are CO2 and Hydrogen pipelines not Gas (Methane) pipelines.
So I can't quite see what the relevance is... can you?
Unless you think WN will be producing Hydrogen and CO2.. ??
Happy to hear your views on that..
Meanwhile I stand by what I said about the GAS pipelines.