Member Info for SeaHawk

Unfortunately, every time the share starts to move up somebody is lobbing in a 50,000 sell which puts a halt to the move up. Frustrating!

Well said Ted I get very nervous when PANR go quiet because it normally means there is a problem. With great sadness I have sold some shares to lock in a profit. I will buy back in regardless of the news because there is so much more than just this drill. I have little doubt that having sold some shares this time around all will be good and I will have to buy in with less shares. However, with the amount this share has been driven down I will still get in well below where we have been before. I have been very disappointed with the lack of response from the company with regards to the shenanigans that has been going on for the last couple of weeks, especially as they helped set it up with their stupid director sells.

This company has such potential, it's no surprise a fund has come on board in a big way. There will be more drill results in the very near future and more resources to also be reported. This is going to be a long term hold for me as it has considerable potential.

Wookie plenty of time before xmas. People have to remember that when discussions are ongoing about a JV then COPL are at the mercy of the other company with regards to how long it takes. Try to remember the other company probably has share holders as well who will be less than impressed if due diligence is not completed.

Time to buy a load more. I hope the shorters get 3 degree burns.

Yes Brian I am a little disappointed this morning that the company has not reacted to this bear raid. An RNS update might help steady the nerves even if it does not say much.

Now would be a great time for the company to release flow test results of over a 1000 bopd. Amazed the Times decided to put the news out about a short on PANR based on complete rubbish. They are supposed to be a responsible paper for goodness sake. Would love to hear Jay and crew taking some people to court for liable. I normally laugh when people say they bought more when a share crashes, but this morning I bought more. I really do not believe Jay and crew at their stage of life would put their reputations on the line. They could retire right now with a very good life style.

23.44 because we are way behind the timeline for our current drill. I also suspect that it will come in more expensive than planned. Anyhow, hopefully we will get an update on winter plans soon, because at the very least rigs have to be contracted, ice roads built etc

19.45 which is too late for this winter so we will be going it alone again this winter. I suspect that what the company gets up too will be quite limited compared to the stated plan some months ago. The all important flow test will be ongoing and will need managing and I just cannot see the company completing all the reentries and two other new wells in the limited time frame available. It will be disappointing but I suspect we won’t see anything happening out at Theta West this winter. Really hope I am wrong but on the other hand I do not want too see this small team stretch themselves beyond there capability and mess up.

Sittingbush they have the money for a winter campaign, it's just how large they want to go with it. Where are they going to focus? Personally, if this one flows, they need to go back to the mammoth they now have and prove they can make that one flow. It's one of the reasons I was so ****ed off at the end of last winter when they stopped at Theta West without proving that they could get it flowing. That mistake of the contractor pumping cement into the wrong part of the well was an extremely expensive mistake as they are now going to have to do it again, but hopefully at an even better spot. I am not sure they can sensibly complete more than one operation in the winter period as they did not manage to complete their objectives at either well this year. The company is too small and they have to manage their limited resources hence not having two lots of equipment when needed last winter. Time for a partner with expertise and loads of dosh to come on board and move things on pronto.

Potentially billions more barrels of oil in place, this is going to turn into a truly gigantic oil field. When you think they are only using a 12% recovery factor for their calculations, which is ultra conservative compared to what will probably be achievable then it’s going to take more than one company to buy us out. We are now well beyond what this company will be able to achieve on its own. Time for some help.

Might be better to allow somebody else those small areas, especially if they move in and drill some holes as it will further help us delineate our area. Let's face it we already have enough oil for the next 30 odd years.

Yep you are right Brom very definitely two different people. Tim was a nice guy who got wiped out when he invested a lot in a certain health watch which turned out to be one of the most dodgyest companies and CEO I have every come across. I would be very surprised if he and A are on talking terms as A was a big driver of that company right to the end, when everybody lost the lot. Fortunately, I realised the game was up before losing too much.

Thanks raising for the update.

Pawn they are quite clear in that they are recovering frack fluid eg mainly water and sand. Looks to me as though they may have been a bit over enthusiastic when they first opened the taps and with what seems to be very good pressure they have moved some of the sand. To have an early cut of oil at 8/12% when only 10% of the frac fluid has returned is excellent news. So the main worry about how tight the formation might be seems to have been resolved, there is lots of pressure and fluids are moving. No doubt the shorters will be all over this claiming a failure but this will be an opportunity to pick up some more shares if you are brave enough.

Seem to be missing most of the days posts, weird!

Very surprised how much this one is flying under the radar. Thankfully allowing me to build a good number of shares cheaply.

This has very many bags to be had in the near future. Very professional board all with good stakes in the company. Govt fully supportive. What's not to like?

Hi SB who is Tim Leslie? Got a feeling this is going to be a real good one to be in. The future looks really good.

Well said Neverlearn some news would be good. We started this drill with drone footage, interviews, flythroughs etc but in the last three weeks not so much. Only takes a short while to put together its all okay just taking a bit longer than we thought RNS. I know people say it matters not how long it takes, but it is now going to take a 50% rise just to get us back to where we were.