Member Info for SeaHawk

I thought this might be the case with this pipeline, they want it complete before Trump leaves office. So if we go with the Governor’s timeline effectively we have three years to have enough wells producing let’s say 250mfc half the up to amount of 500mfc. How many wells is that? I have seen various experts say the 500mfc would take between 60 to 80 wells. Either way we are going to need upwards of 30 wells on the go plus reinjection wells by 2028.

That’s going to be a massive effort, but it will mean an income of over a million a day in the sale of oil from those wells. Question is can this small company do all this on its own or do we need a large partner with deep pockets.

I little to subtle for me, what are you saying?

I would imagine that BP will be having a look at us, after their turn around on net zero. Ideal way to quickly add reserves and bring it all online at speed. Throw in a good connection with our new CEO and they would be daft not to have a good long look at us.

Very nice open currently up 4.8%

Deepcut I agree with your statement, essentially from a quick look on google it’s about permeability Ie how easily the oil flows through the ground. Above 1 Darcy means it flows like the clappers!

Is everybody asleep this morning?

So the Prince Creek and Lower Sagavanirktok formations which were unexpected finds during the drilling of the Magrez well, are not only worth flow testing, they are in fact looking like they could be the best areas. This is great news as they were not included in the companies estimate of 600 million barrels. How many more barrels will be added is the question we will have to wait for. Going to be an exciting 4 months of news.

Try to ignore Ripley he is just a twit who like to tell everybody his trades. Must think we are all interested, but we are not. How many times Ripley have you been asked not to do this!

I said yesterday that the company needs to be mindful with its RNS as the shorters are warming up and doing the groundwork. Unclear RNS like this one plays into their hands. The company needs to keep their RNS clear and simple and if it is a complex subject explain it and what the ramifications are.

I expect people are getting twitchy with how long it’s taking to get going with the flow tests. I am not concerned as it is more important to get this right but news on the plan would be welcome.

Hopefully Marmaris as it's a good long time now since they finished the first phase, so they have had plenty of time to look at what they got and plan for flow tests. After that truly great RNS they had better make sure they get some good flows. What I don't want to see is 85 barrels that get magicked up to a 1000 barrels in some computer. I think the market has seen plenty of that in the past and has shown its displeasure. I am quite sure that is why we have not had the big companies breathing down our neck making offers. Time to show us some serious oil even if it's only for a couple of hours.

I see OMJ is out and about again trying to frighten investors by make out that DH stepping out of his role needs explanation and could be a bad sign. He was one of those who was definitely driving the shorter's for the last couple of years. Writes complete drivel. Keep the faith.

Come on guys if a dyslexic like me can pick up the error in the very first paragraph of the RNS then it ‘s shoddy work.

Brom I am not convinced that Mangrove are following the rules at all. I seem to remember they have previous on this matter.

Brom I cannot believe you are still trying to defend 88e it's a complete and utter shambles. I know Bex already had 25% but now they will have another 50% which I believe when added together makes 75% leaving 88e with 25%. Any how it's all semantics because Bex are not going to come up 39m. All this has done is allowed people to collect their monthly check for another year before it all comes crashing down. It's a great shame as I loved the story and the effort to get the HRZ to flow, just wish I had pulled stumps earlier once DW started drilling wells all over the place.

Oxybubble if you cannot see the problem that 88e has, then if I was you I would immediately give up buying shares before you lose all your money.

Harrun it may be debt free but it has no money, 24 billion shares and some rather big debts to pay. Oh and the only oil it has found they have given up 75% of it to get another exploration well. Undervalued my backside.

The MM do this quite often and I suspect it’s because they are short of shares. How many stop losses have been triggered this morning because of an instant 5% drop. Should be illegal.

MattyCB stop posting on other boards we don't want to know about your useless investments

10:14 Brom I guess that the state of the gas coming out will play a large part on where we go first. Hopefully the gas from Magrez will be of the quality required for the pipeline which if it is the case then i expect it will be full steam ahead at Magrez. With 7 different zones to be tested several of which were not included in the company's original estimate if these new zones flow lots of oil this new field could get very big, very quickly.