Member Info for scallywag3

Sanderson, Don't you ever go to YA for anything again. I'd rather have 50% of something than 100% of nothing. Idiot.

F.O.T.H. Must be busting a gut trying to keep the information he gained onsite yesterday until he is allowed to divulge it.
I know I would be.

Mr Sanderson, interview must be very soon.

https://www.youtube.com/watch?v=l2cyFpa0mo8

Oops! for the sake of planning... 2 wells.

is HH1 one well or two wells ? Safeguard is, they produce from two different levels . I'd call it 3 wells from horsehill at the moment.

Is weird financing,/ valuing, to increase ownership of the company. Imagine building an extension 1/3 rd the size, to your house and the value stays the same.

I was ****ed off with him around a week or so ago, maybe made a mistake there. oops !!
I'm delighted for him to get the invite into Horsehill he truly deserves it.

Oh! they will sell some Stocktaker, they will only sell enough that it wont stifle any rise in the share. the opposite to what they have been doing .

I said earlier and the post disappeared .
I think YA will convert as much as possible on their next move. Maybe the whole lot.
It's obvious this is the SP low pushed down by the week ends news.
The RNS shows positive oil from HH2 , they can sit on the shares a little while as the SP rises in the next weeks.
If this is correct don't panic, They will wait it out for the rise, no need for them to continue with hammering the sp.
gla.
I imagine I could be in for a good birthday present last day of the month . :)

We could easily have a Sanderson interview coming up. That was a lot of good news yesterday. No point standing on the RNS while giving it, maybe give it in a few days or a week time.

" How would this all be effected in year two? With typical depletion rates and such."
Or you could have said
How would this all be effected in year two? With more wells in production.

Saudi need $80 barrel to balance their books. They have already started diversifying away from their dependence on oil into tourism. Well ! that's going to take a hit as well. So I don't think they will be keen to be running on a low oil price for long

Agree Mr008, except the 6p. It's all looking great but I'd put 2.5 p to 4p as a price for mid summer. We should have gone blue on this RNS regardless of the POO.

USA has $200 Billion of debt with shale extraction, it has never been profitable.
The dip in oil price is short term. Russia's Aim is to close them down and the timing couldn't be better for them.
Were not producing much at the moment, I'd imagine when we are in a couple of years the price will be way back up.

https://www.wsj.com/articles/energy-producers-new-years-resolution-pay-the-tab-for-the-shale-drilling-bonanza-11577880001

Brilliant. https://twitter.com/Adrianwfire/status/1236216226910789632

An RNS on Monday morning, one that will at last raise the SP not like most all the others we got.
It's going to be goodbye to trolls and shorters at last. GoodBye. :)

Just YA having dump.

When he took on the gas plant, he stated that it would ADD 4p to the current sp. You can't take anything he says seriously. It's NOT cos he lies. He's a ********.

Lets not forget, with dry oil from HH1 both Portland and Kimmeridge, Dry oil can be obtained from HH2 It's only a matter of how far along we can go. It may also be, it may be worth going further and accepting a little water for a lot more oil.
Either way. It's going to work out well.

Thank Crunchie its Friday, Must be what inside the Portland looks like all or better still, the Kimmeridge

Missed to 8 am bell by 10 seconds.. slipping will have to be quicker when the good news arrives