Member Info for RobinHood69

BUY today 27 Oct 2014. What does that put GDL on I wonder ? Anyone have a clue what that may be ?

GDG & GDL looking good Merlin just as you said. Good call and thankss for the info earlier, just shows what hitting the 18Bcf to be self funding and hold control of their own future and not necessarily need to go to markets to raise capital and makes it a great 2015 Accounts to got to market with. This certainly will be 1 very big step forward. Imho it is a very much a buy from these levels.

Documents out ! 30 to 40 wells order coming. Bring on tomorrows Capital Market presentation. CALICO - Brilliant find Squire and backs up what a few have been hearing ! Merlin , bet you are lapping this up? You are correct and have just had to wait a few days ! Now lets make some money :-)

Hi, Whats the figure for a standard vertical well may I ask ?

I concur TM. My newest calculations show "smashing" the 18 BCF is actually quite achieveable ! Would you consider taking a view where all other current blocks gas productions are included, Newely tied in wells are extra and All 57 GSS block - LFB ONLY are dewatered and connected would do it by end of 2015 ? I certainly do and that does not involve the GDG 140 wells.... not necessarily needed to hit 18 BCF ?

With no extra drilling ! THE BIG CONNECT ! ! ! £ £ £ No wonder they have gone to the next Market level today !

Now thats a step up ! Normally dont we have to wait for the guys who go to AGMs and PR days to update us on here? Great to catch up or is it something they REALLY want to finally let investors know? Are they dropping the BIG "C" bomb ??? ;-) Good Luck all here as its great news for GDL.

I got ave 181,000m2 per well by using some figures. 6 bcf to drill then. Approx. That makes me very very very happy. The BIG CONNECT ;-) Very very strong buy now ! Even without GDG contract.

Per well. :-)

Yes please , the average volume if you have it?

what is the average production per year per well ? I have a figure and need to cross ref please .

time to come in and get warm together?

Make this afto enjoyable. i hope ?

Will other information be coming out that may not be in the prospectus or is it the case of. ( as stated in the prospectus. ) bringing forward or expanding the plans ? I was really surprised at the Fengcheng being so far in advance and ready for LiFaBric drilling Add that total on to whats coming ! Should power GDL with GDG 140 wells , GNS ready to go and Fengcheng now apparently a dark horse for extra LiFaBric.

The Fengcheng Block’s formation has responded extremely positively to horizontal drilling and the Group expects to further develop the Block using LiFaBriC technology. Fengcheng Block is the Group’s second most advanced Block. As at 30 April 2014, the Fengcheng Block has 28.7 BCF in net 2P gas reserves and 244 BCF in net 3P gas reserves. Source prospectus. I thought GNS was probably next and maybe so. but looks like the Bod are suggesting here that the data sets are of very good quality and there is 28 BCF in 2p reserves to be going at. Also reasonable drilling depth too for LiFaBric looking at approx 20-25 days? 43 days was for 1,400-1,600m.

Listing ...

Tbh, any time, literally ! I would think from tuesday after listing day has passed without hitch. I say from ... Spreads on all 3 are big so no mm wanting buys . Clue on news. GEL sp ? Could it be more than 1 contract ? ? ?

Imagine the rise on listing day and when THAT contract is announced. GDL will fly even faster once that $220m contract drops in.

Anyone know?

"The Group’s intention is to finance these programmes through a combination of the Group’s existing cash reserves, production revenues and additional financing. In the event that such financing becomes available in the near term any one or all of these strategies can be accelerated to compliment the Group’s strategy in the 18 months following Admission which in itself may be accelerated or expanded in light of the availability of such financing."