Member Info for SeaHawk

Basically this second wave is all about students. All the university towns are getting hit hard, who would have guessed that getting loads of youngsters together who know that even if they get the virus they will be fine, would results in lots of cases. Sage are quite frankly pathetic.

You are right Pandy, rampers are almost as bad as those who talk companies down. Don't get caught up in the hupla, do your research and when you can get out with your original investment and role with the rest when it does not matter so much if you lose it, which you probably will in Aim

Stand by for another money raising expedition. I have lost faith in this company big time and am only just hanging in. We need a good explanation as to what the hell happened with this well. Of course it is now plugged and abandoned so another 20 million wasted, good job it was not our money.

No answer to the post just ignorance.

Regulator you are very quick to denigrate people but the death rate from the virus has been below 20 per day since mid July (corrected figures), 6 x more people are dying from flu than Corona. Younger people catching it mean they will be fine in most cases and we get nearer to hurd immunity . Better go lock your self away again while the rest of us try to earn a living and keep the economy going, you know that little thing that pays for the NHS.

If they do that Degsy that’s the end of this country and there is absolutely no need, deaths at the moment are minuscule, 3 yesterday, 2 the day before. Funny how we have gone from panic about deaths, to now numbers of those getting it, when there are virtually no deaths.

2 million is a huge number of test compared to where the company is at production wise at the moment. Potentially the numbers across the world could be huge, the only way they are going to be able to come up with the numbers required will be to get another large scale producer involved. If the company Can’t produce enough, then countries will not buy they will go elsewhere. Think India 1 bn+ 2 mil a week would not be enough for them alone.

Personally the biggest problem I can see is the capability to produce this test in large enough numbers. 400000 a week is going to hardly going to scratch the surface and then even if you ramp it up to double that its not likely to be nearly enough. We may find that countries like India will go with a lessor product that can quickly be produced in the many millions a week eg something China based.

No doubt the company has the product but will they be able to produce enough to attract buyers.

Difficult for a small company to commit large funds to manufacturing huge numbers without getting the orders first {chicken and egg scenario}. Maybe they share the rights with a large company that can produce serious numbers.

Fingers crossed for good news tomorrow.

Difficult to know Brom how PB would have taken IW2 results, I suspect we would not have not gone chasing Winx but would have had another go at HRZ. Yukon has also cost us money in 3D and lease payments but we sem to be going know where fast. To me we have lost focus are basically throwing darts hoping we hit something, trouble is they are very expensive darts.

SOA performance has been disgraceful and they quite frankly need taking to court by all the oil businesses who have been hung out to dry which is basically us shareholders. How can a govt get away with owing us 20 odd million + interest after all the money they have made from the oil business over the years, hold your head in shame Alaska.

Good lord where have I heard all this before, hum that would Winx maybe. Another sure fire drill because somebody else found oil 10 miles away. Yeh ha a sure thing then.

The only thing I want to hear about is the HRZ, I don’t want to hear about another drill at Charlie as it’s just to far from anywhere to get people interested at the moment. Hopefully if the results for HRZ are good we can get somebody interested in digging a hole right next to the road and pipeline. We need some 3D done on alpha to see what’s potentially there and then get somebody else to review the results because we are clearly crap at it.

Harvy he did not promise a Tier 1 partner but he made it sound very like we were getting one. He was asked several times at the briefing I was at in London and I believe we all walked away believing we would get a tier 1 partner. Perhaps in a few days time we might understand why, I always wondered why BP did not go back to this billion barrel prospect. PMO were obviously prepared to take a punt to get into Alaska and as soon as they saw the results backed out so as not to cost them another cent. Now we are back with the well we just hit the edge statement, but to be frank this needs to be a major strike as this well is bloody miles from any infrastructure and in the current climate nobody is going to be interested in spending money on yet another drill that even if it produces results will at most be put on the back burner for many years. We need to hope that HRZ comes good and that we can put a well in somewhere close to the road and pipeline. If at the same time we can have a go at Alpha even better. Digging holes in the Tundra miles and miles from anywhere at the moment makes no sense at all.

Flex I have thought for a long time that we should have had a closer look at the Alpha field, I even remember discussions ongoing as to if we could get at it with a lateral drill from the IW pad. Ready made pad where we could drill during the summer, close to the road and pipeline what’s not to like, except that with our luck it’s probably tonic water.

That’s one way Spinfix but the other is a hostile takeover which would be quite easy to do in the current climate. Only trouble would be it gets you a wack of land with millions of mozzies but no frigging oil.

Come to think of it, if a company was that impressed with the HRZ why would you bother paying for the drill and only get a % when you could buy the whole damn lot for 20 million and get 4 million back from the state when it eventually coughs up.

Having now calmed down after yet another frigging disaster from this company that can’t find a drop of oil in the oiliest place on Earth, it’s time for some thoughts.

We need a refund from however reviewed the data from the 3D because clearly they are useless. It’s also not worth paying extra for INVERSION as it does not seem to work other than finding water.

Finding gas is great apart from nobody sells any from Alaska and nobody is going to pay for a gas pipeline. May be if there is a huge amount of condensate and it will need to be huge then it may become worth while but no chance at current oil rates.

HRZ if they get the right results from this drill will need proving up before anybody is likely to come on board. Let’s face it after yet another fail would you throw more millions to 88e with what must be almost regarded as a johna company now.

This leaves Yukon which we will yet again need to find another mug to come on board.

I don’t know why the company keep getting wrong but they are either very poor at locating oil or damn unlucky.

At least I now know why BP did not come back, they obviously decided there was no oil, or not enough of it. Bypassed play my ass!

The only good thing to come out of this ongoing nightmare is that last Friday I very very nearly bunged another £10 grand at 88e, but a little nagging worry about the total lack of news and lack on any excitement from our partners stopped me, thank god.

No point in selling now but DW had better take a big cut in his wages and I mean big as he is earning a fortune for getting it constantly wrong. I also want a realistic plan from him as to where we go now as finding partners for future drills is going to be very difficult. Yes I am still ticked off.

Come on Reso institutional investors don’t invest in penny shares, you know that. Our investor is PMO to the tune of 23 million or 2.3 billion shares if you like which is a quite an investment.

Nope DW came in at the end of that drill, not responsible for it at all.

OilAmylist I am pretty sure they are only going to do micro fracking not the full blown version this time around. DW state’s a flow rate of 100 bpd would be great. If fully fracked even for a vertical well that would be terrible.

Backwoodsman stop with the crap. Oil will not remain at this price for the next 20 years.

Ps $19 to get it out of the ground is very cheap.