Member Info for SeaHawk

They won't be moving the rig until the production tubing has been installed. The coiled tubing unit can still work with the rig sat over the well.

Hopefully Stas, but I have a felling we are going nowhere until we get the word on what is flowing and how much. Somebody s going to a lot of effort to keep us moribund.

Stas you keep saying that and it ends up dropping back. Time to keep stum :-)

10% up at the moment:)

13:16 I suspect you may be right with the small trades, throw in the sell on news brigade and it may be where we are. Certainly looks like somebody is working hard to keep the SP around the 25p mark. I have read the the Q and A but don't think it's enough for investors. I am sure the company does not like giving out guidance but they must know the lowest they can go to make it viable, so give that as it can do no harm as they will have to say if it is not commercial anyhow. They also need to explain loud and clear to everybody that it wont just be oil but NGL and whatever else is in there. Several years ago we had just that and everybody panicked because they had no idea we could still sell it into the pipe at a slightly reduced rate. A video could be done to explain all this. Lots of new investors since then that may not understand and will just look at the oil figure.

For the long term holders what the SP does at the moment does not really matter, frustrating yes, but we are in for the big money. But judging from a lot of the smallish sells from individuals you would think we had bad news this morning not excellent news. Unfortunately this is what Magrez did for us and it’s going to take a successful flow test to get some trust back. The company needs to give investors some sort of an idea what a successful flow test looks like, otherwise expectations of thousands of barrels might not be met and it will allow the shorters another go, despite it being a success.

Erich Krumanocker, Chief Development Officer, said: "We are extremely pleased with the success of the operations so far. The team did an excellent job executing this large and intricate operation safely and efficiently. The stimulation was performed as planned, increasing our confidence in achieving the objectives of the forthcoming flow testing programme." If that statement doesn’t get you excited about what’s to come then I don’t know what will.

This has the potential to make a very nice early Xmas present. Just need a decent flow rate and this will rocket.

So your short then JH, you are trying too hard it’s obvious to us all.

Excellent news, we are nearly there just one more push and hopefully we get decent oil and gas flows. Another couple of weeks and it could be company making time. It will be interesting today if we can break out from the 25p block that has been in force for the last week or so. Well done team.

Gaz I have been wondering if this is being kept under the 25p so that somebody can make what will be a silly offer in our eyes. But to the traders and institutions 3 x profit would look very good. I hope I am wrong and am being daft but I suspect if a company came in offering a quid for the shares there would be an almighty argument as too selling up. For the record I am looking for a minimum of £3 before I even think of offloading some.

Nope somebody is very determined to keep this under 25p for some reason. Company could help us out by releasing an update RNS, cannot think of a reason not to update us.

They really should RNS the start of fracking as this time around as the kit is not just driving down the road from Deadhorse instead it is coming from Alberta Canada. A minimum 10 day drive over basically tracks, not tarmacked roads. It's a very difficult drive in a 4 x 4 let alone large trucks. In my view it is a noteworthy thing if they have arrived and its all in one piece

Excellent work OW, let’s keep our fingers crossed Dubhe comes good. Thanks very much for the reminder.

The result of the flow test for gas and oil is far more important than when the US listing will happen.

Rubbish there is zero problems with the weather at Deadhorse. Just normal autumn weather, when it reaches -30 let us know.

Great to hear that it is all moving along nicely. No more need for guessing the timelines as we now have them. Everybody can relax for a couple of weeks while we wait for the fracking to begin.

Now you are lying Sean, you did not put 'relatively' in your post at all and you have still not explained why you ran the company down when you have invested in it.

Looks like I touched a nerve. So which is it 'I do have a large stake. I was buying when the shares were 16p'. or 'I'm a small time investor ' and why were you talking the company down if you have a large stake. Unfortunately when my grandmother was alive PANR did not exist, which is a shame as I would have gladly excepted some more shares in the company. I am maxed out with Premium Bonds and retired at 55 which should give you an idea of my finances.

This well just needs to come in as commercial and we are on the way. We have hopped all over our vast area instead of focusing on getting one area going and producing money for the company. We are almost back where we started and could be a producer by now which would have allowed us to then further explore our areas. Yes I know easy to look back but I still cannot understand Magrez as even PANR where saying would be more difficult to bring online.